General Principles - The document outlines the working rules for independent directors of Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd, aiming to enhance corporate governance and ensure compliance with relevant laws and regulations [1][2] - It specifies the qualifications, nomination, election, and responsibilities of independent directors, emphasizing their independence from the company and major shareholders [2][3] Qualifications and Appointment - Independent directors must meet specific qualifications, including legal eligibility, independence, relevant knowledge, and a minimum of five years of experience in legal, accounting, or economic fields [3][4] - Individuals with direct or indirect interests in the company, significant shareholders, or those providing services to the company are prohibited from serving as independent directors [4][5] Responsibilities and Duties - Independent directors are responsible for participating in board decisions, supervising potential conflicts of interest, and providing professional advice to enhance decision-making [11][12] - They have special rights, including hiring external consultants, proposing meetings, and publicly soliciting shareholder opinions [11][12] Performance and Reporting - Independent directors must attend board meetings, review materials in advance if unable to attend, and provide clear opinions on significant matters [10][11] - They are required to submit annual reports detailing their attendance, participation in committees, and communication with minority shareholders [17][18] Support and Compensation - The company must provide necessary support and resources for independent directors to fulfill their duties, including timely access to information and communication channels [36][39] - Independent directors are entitled to appropriate compensation, which must be disclosed in the company's annual report [20][21]

General Principles - The rules are established to protect the legitimate rights of shareholders and ensure the legality and efficiency of shareholder meetings [1][2] - The board of directors is responsible for organizing shareholder meetings in accordance with laws and regulations [2][3] Shareholder Meeting Authority - The shareholder meeting is the company's authority body and exercises powers as stipulated in the company's articles of association [5] - The board can be authorized by the shareholder meeting to make decisions on specific matters within the authorized scope [6] Types of Shareholder Meetings - There are annual and temporary shareholder meetings, with annual meetings held within six months after the end of the previous fiscal year [7][8] - Temporary meetings must be held within two months of certain events, such as insufficient directors or significant losses [3][4] Notification and Preparation for Meetings - The convenor must notify shareholders at least 20 days before the annual meeting and 15 days before a temporary meeting [11] - Notifications must include meeting details, agenda items, and rights of shareholders to attend and vote [12][13] Participation and Voting Rights - Shareholders must register to attend meetings and provide identification [25][26] - Shareholders can appoint proxies to attend and vote on their behalf, with equal legal effect [25][26] Proposals for Shareholder Meetings - Proposals must fall within the authority of the shareholder meeting and be submitted in writing [33][34] - Shareholders holding more than 1% of shares can propose temporary items up to 10 days before the meeting [35] Conducting the Meeting - The meeting must be held at the company's registered address or another notified location [37] - The meeting must be presided over by the chairman or a designated representative [41][42] Voting and Resolutions - Voting must be conducted on each agenda item, with results announced immediately [52][61] - Resolutions require a simple majority for ordinary resolutions and a two-thirds majority for special resolutions [64][65] Meeting Records and Announcements - Meeting resolutions must be announced promptly, detailing attendance and voting results [67][68] - Minutes of the meeting must be kept for at least 10 years, ensuring accuracy and completeness [72]

（2025 年 8 月修订） 第一章 总则 第一条 为进一步完善公司治理结构，促进公司规范运 作，根据《中华人民共和国公司法》（以下简称"《公司法》"） 《中华人民共和国证券法》《上市公司治理准则》《上市公 司独立董事管理办法》《上海证券交易所股票上市规则》（以 下简称"《上市规则》"）《上海证券交易所上市公司自律 监管指引第 1 号—规范运作》以及相关法律、法规、规范性 文件和《内蒙古蒙电华能热电股份有限公司章程》（以下简 称"《公司章程》"）规定，制定本工作细则。 第二条 本细则规定公司独立董事的任职资格、提名、 选举和更换、职责及履职保障。 本细则适用于公司独立董事的工作。 第三条 独立董事是指不在公司担任除董事外的其他 职务，并与公司及公司主要股东、实际控制人不存在直接或 间接利害关系，或者其他可能影响其进行独立客观判断的任 何关系的董事。 第四条 独立董事对公司及全体股东负有诚信和勤勉 义务，应当按照相关法律法规、规范性文件及《公司章程》 的要求，认真履行职责，在董事会中发挥参与决策、监督制 1 衡、专业咨询作用，维护公司整体利益，保护中小股东合法 权益。 第八条 担任公司独立董事应当符合下列基本条 ...

内蒙古蒙电华能热电股份有限公司 董事会专门委员会工作制度 （2025 年 8 月修订） 第一章 总则 董事会各专门委员会任期与董事任期一致，委员任期届 满，连选可以连任。 董事会各专门委员会成员由每届董事会第一次会议选 举产生。每一届董事会任期内如有委员不再担任公司董事职 1 第一条 为规范内蒙古蒙电华能热电股份有限公司(以下 简称"公司"或"上市公司")董事会专门委员会工作，确保 董事会专门委员会的工作效率和科学决策，健全公司的法人 治理结构，根据《中华人民共和国公司法》《中华人民共和 国证券法》《上海证券交易所股票上市规则》《上市公司治理 准则》《上海证券交易所上市公司自律监管指引第 1 号—— 规范运作》《上市公司独立董事管理办法》以及《内蒙古蒙 电华能热电股份有限公司章程》（以下简称"《公司章程》"） 制定本制度。 务，自动失去委员资格，并由董事会根据本制度的规定补足 委员人数。 第二条 董事会各专门委员会是董事会内部设立的专 门工作机构。公司设立董事会战略与 ESG 委员会、审计委员 会、提名委员会以及薪酬与考核委员会。 第二章 一般规定 第三条 公司董事会专门委员会委员由公司董事出任， 由董事会选 ...

内蒙古蒙电华能热电股份有限公司 董事会议事规则（草案） （2025 年 8 月修订） 第一章 总则 第一条 为了进一步规范内蒙古蒙电华能热电股份有 限公司(以下简称"公司")董事会的议事方式和决策程序， 提高董事会的工作效率和规范运作、科学决策水平，健全公 司的法人治理结构，根据《中华人民共和国公司法》《中华 人民共和国证券法》《上海证券交易所股票上市规则》(以下 简称"《上市规则》")《上市公司治理准则》等有关规定以 及《内蒙古蒙电华能热电股份有限公司章程》（以下简称 "《公司章程》"），制定本规则。 第二条 公司董事会依据《公司法》和《公司章程》设 立，对股东会负责。 董事会在《公司法》《公司章程》和股东会赋予的职权 范围内行使职权。董事会实行民主决策和科学决策，维护公 司和全体股东的利益，负责公司发展目标和重大经营活动的 决策。 第二章 董事的产生 第三条 公司董事为自然人。 《公司章程》规定不得担任公司董事的情形的人员，不 1 得担任公司董事（包括独立董事）。 违反本条规定选举、委派董事的，该选举、委派或者聘 任无效。董事在任职期间出现本条情形的，公司股东会通过 法定程序解除其职务。 公司应当和董事签 ...

内蒙古蒙电华能热电股份有限公司 股东会议事规则（草案） （2025 年 8 月修订） 第一章 总则 第一条 为维护内蒙古蒙电华能热电股份有限公司（以 下简称"公司"）股东的合法权益，规范公司行为，保证股 东会依法行使职权，提高股东会议事效率，保证股东会程序 及决议合法性，根据《中华人民共和国公司法》《中华人民 共和国证券法》《上市公司股东会规则》《上市公司治理准则》 《上市公司章程指引》《内蒙古蒙电华能热电股份有限公司 章程》（以下简称"《公司章程》"）及其他有关法律、法 规、规范性文件的规定，特制定本议事规则。 第五条 股东会是公司的权力机构，依法行使《公司章 程》规定的职权。 第二条 公司股东会的召集、召开、表决程序以及股东 会的提案、决议，出席股东会的股东、股东代理人、公司董 事、高级管理人员以及其他列席会议的相关人员，均应当遵 守本规则。 第三条 公司董事会应当严格按照法律、行政法规、《公 司章程》以及本规则关于召开股东会的各项规定组织股东 会，保证股东能够依法行使权力。公司董事会应切实履行职 责，认真按时组织股东会。公司全体董事应勤勉尽责，确保 股东会正常召开和依法行使权力。 第四条 公司召开股东会 ...

Core Viewpoint - The acceleration of mergers and acquisitions (M&A) among state-owned listed companies reflects a significant transformation in industrial logic during China's economic transition, driven by the deepening reform of state-owned enterprises (SOEs) and the need for capital market integration [1][2][3]. Group 1: M&A Activity and Trends - In 2023, there have been 636 state-owned listed companies disclosing M&A plans, totaling 1,029 transactions, representing a year-on-year increase of 10.29%. Notably, 32 of these transactions are major asset restructurings, up 68.42% from the previous year [1]. - The current wave of M&A is largely attributed to the final year of the SOE reform initiative, with local governments actively promoting the consolidation of state assets through M&A [2][4]. - Central and local SOEs are increasingly responding to government policies encouraging M&A, aiming to enhance their competitive advantages and promote industrial upgrades [4][8]. Group 2: Specific M&A Cases - China Shenhua (601088.SH) plans to acquire equity stakes in 13 core energy enterprises from its controlling shareholder, the State Energy Group, covering various sectors including coal, power, and logistics [3]. - Other companies, such as Zhenyang Development (603213.SH) and China Chemical (600500.SH), have also announced significant asset restructuring plans aimed at optimizing resource allocation and enhancing their core business areas [4][7]. Group 3: Strategic Implications - The restructuring efforts are expected to significantly enhance the resource reserves and core business capacities of companies like China Shenhua, thereby improving their market competitiveness and supporting national energy strategies [3][8]. - Local state-owned enterprises are focusing on strategic integration to overcome fragmentation and enhance their economic impact, as seen in recent restructuring initiatives in regions like Ningxia and Henan [7][8]. Group 4: Future Outlook - Analysts predict that the trend of active M&A among state-owned enterprises will continue, driven by the need for capital optimization and the pursuit of high-quality development [2][8]. - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the importance of building a modern industrial system and fostering new pillar industries to support economic growth [8].

Group 1 - The core viewpoint of the news is that Inner Mongolia Huadian's subsidiary, Baotou Donghua Thermal Power Co., Ltd., has received preliminary approval for the construction of a hazardous waste storage facility, with a total investment of 377,000 yuan [1] - The "A-share Green Report" project aims to enhance the transparency of environmental information for listed companies, utilizing authoritative environmental regulatory data from 31 provinces and 337 cities [1] - The project includes regular updates on environmental risks associated with listed companies, with the latest report indicating that 10 companies have recently exposed environmental risks [2] Group 2 - Inner Mongolia Huadian's main business segments include power production (81.93% of revenue), coal (13.13%), other businesses (2.76%), and heating (2.18%) according to the 2024 annual report [3] - The company's market capitalization is approximately 26.369 billion yuan, with projected revenues of 22.594 billion yuan for 2024 and 5.052 billion yuan for the first quarter of 2025 [4] - The net profit attributable to shareholders is expected to be 2.005 billion yuan for 2023, increasing to 2.325 billion yuan in 2024, with a return on equity of 11.22% for 2023 [4]

天眼查商业履历信息显示，内蒙古蒙电华能热电股份有限公司，成立于1994年，位于呼和浩特市，是一 家以从事电力、热力生产和供应业为主的企业。企业注册资本652688.7811万人民币，实缴资本 652688.7811万人民币。公司法定代表人为高原。 通过天眼查大数据分析，内蒙古蒙电华能热电股份有限公司共对外投资了34家企业，参与招投标项目 5000次，此外企业还拥有行政许可6个。 来源：金融界 金融界消息 截至2025年8月14日收盘，内蒙华电（600863）报收于4.04元，下跌0.25%，换手率0.63%， 成交量41.21万手，成交金额1.67亿元。 资金流向方面，今日主力资金净流出1119.86万元，占比成交额6.71%。其中，超大单净流入30.41万 元、占成交额0.18%，大单净流出1150.26万元、占成交额6.89%，中单净流出流入750.47万元、占成交 额4.49%，小单净流入369.39万元、占成交额2.21%。 内蒙华电最新一期业绩显示，截至2025一季报，公司营业总收入50.52亿元、同比减少9.33%，归属净利 润7.44亿元，同比减少16.25%，扣非净利润7.45亿元，同比减少1 ...

Core Viewpoint - Inner Mongolia Huadian (600863.SH) is advancing its restructuring efforts through a significant acquisition of renewable energy assets, aiming to optimize its energy structure and enhance its market position in the power sector [2][6]. Company Summary - The company plans to acquire 70% of Zhenglanqi Wind Power and 75.51% of Northern Duolun, with a total transaction value of 57.17 billion yuan [2][3]. - The acquisition will increase the company's renewable energy installed capacity from 14.13% to over 20% [2][7]. - The payment structure includes a cash payment of 25.99 billion yuan for Northern Duolun and the issuance of 8.27 billion shares at 3.46 yuan per share for Zhenglanqi Wind Power [3][4]. - The transaction features a unique risk control mechanism, including a 60-month lock-up period and a performance commitment of 26.83 billion yuan in net profit [2][4]. Financial Impact - The acquisition is expected to structurally impact the company's financial data, with the debt-to-asset ratio projected to rise from 40.88% to 49.09%, an increase of 8.21 percentage points [5]. - The estimated net profit for 2024 is projected to increase by 30.72% to 30.4 billion yuan [5]. Industry Context - The restructuring aligns with the broader trend of market-oriented reforms in the power sector, leveraging technological advantages and enhancing profitability through renewable energy integration [2][7]. - The acquisition is part of a strategic shift for Inner Mongolia Huadian, transitioning from traditional coal power to a more balanced energy portfolio that includes significant renewable assets [6][8]. - The deal is expected to increase industry concentration and promote the integration of traditional and renewable energy sectors, reshaping the market landscape [7][8].