Group 1 - The core viewpoint of the article highlights the target price increases for several listed companies, with Guizhou Moutai, Zhongji Xuchuang, and Milkway leading the rankings with target price increases of 35.17%, 31.96%, and 29.95% respectively, across the liquor, communication equipment, and logistics industries [1][2] Group 2 - On January 19, a total of 17 listed companies received broker recommendations, with Zhongsheng Pharmaceutical receiving recommendations from 2 brokers, while Inner Mongolia Electric Power and Foreign Service Holdings received recommendations from 1 broker each [2][3] Group 3 - Three companies received their first coverage on January 19, including Foreign Service Holdings rated "Buy" by Zhongyin International Securities, Qianli Technology rated "Buy" by Dongwu Securities, and Zhongsheng Pharmaceutical rated "Recommended" by Guolian Minsheng Securities [3][4]

Core Viewpoint - On January 19, several brokerage firms provided target price recommendations for listed companies, with notable increases in target prices for Guizhou Moutai, Zhongji Xuchuang, and Milkewei, indicating strong potential in the liquor, communication equipment, and logistics industries respectively [1]. Group 1: Target Price Increases - Guizhou Moutai received a target price increase of 35.17%, with a highest target price of 1860.00 yuan [2]. - Zhongji Xuchuang's target price increased by 31.96%, with a highest target price of 799.00 yuan [2]. - Milkewei's target price rose by 29.95%, with a highest target price of 79.14 yuan [2]. Group 2: Brokerage Recommendations - A total of 17 listed companies received brokerage recommendations on January 19, with Zhongsheng Pharmaceutical receiving recommendations from 2 firms, while Inner Mongolia Huadian and Foreign Service Holdings received 1 recommendation each [3]. - Zhongsheng Pharmaceutical was the only company with multiple recommendations, indicating strong interest in the traditional Chinese medicine sector [3]. Group 3: First-Time Coverage - Three companies received first-time coverage on January 19, including Foreign Service Holdings with a "Buy" rating from Zhongyin International Securities, Qianli Technology with a "Buy" rating from Dongwu Securities, and Zhongsheng Pharmaceutical with a "Recommended" rating from Guolian Minsheng Securities [4].

Investment Rating - The report maintains a positive outlook on the power and gas sectors, recommending various companies within these industries for investment opportunities [1]. Core Insights - The report highlights that China's total electricity consumption is projected to exceed 10 trillion kWh in 2025, reaching 10.4 trillion kWh, with a year-on-year growth of 5% [7][8]. - The growth in electricity consumption is driven primarily by the secondary and tertiary industries, which together contribute nearly 80% of the total increase in electricity demand [8]. - The report notes significant growth in electricity consumption from high-end manufacturing, digital economy, and new infrastructure projects, such as charging stations and 5G base stations, which are expected to see growth rates exceeding 30% [8]. Summary by Sections 1. Electricity Sector - In 2025, the total electricity consumption is expected to reach 10.4 trillion kWh, with a 5% year-on-year increase. The first, second, and third industries, along with urban and rural residential electricity consumption, are projected to grow by 9.9%, 3.7%, 8.2%, and 6.3% respectively [7][9]. - The second industry remains the largest consumer of electricity, contributing 48% to the growth, while the third industry contributes 31% [9][13]. - The report recommends investments in coal-fired power companies like Guodian Power and Inner Mongolia Huadian, as well as large hydropower companies such as Yangtze Power and State Power Investment [15][16]. 2. Gas Sector - The report indicates that colder temperatures are expected to increase heating demand, leading to a rebound in gas prices across Europe and Asia. As of January 16, the Henry Hub spot price was $3.06/mmBtu, with a weekly increase of 6.77% [17][24]. - The report highlights that European gas prices have surged due to low inventory levels and increased heating demand, with the TTF spot price reaching €38.10/MWh, up 31.38% week-on-week [17][24]. - Recommendations include investing in integrated gas companies like Kunlun Energy and New Hope Energy, as well as gas trading companies like New Hope and New Energy [38]. 3. Market Performance - The report notes that the public utility, power, and environmental sectors outperformed the Shanghai and Shenzhen 300 index during the week of January 12 to January 16, 2026 [40]. 4. Company and Industry Dynamics - Recent initiatives in various provinces aim to enhance green energy and environmental standards, including the establishment of green mining standards in Guangxi and guidelines for industrial microgrid construction [46][47]. - The report also mentions significant corporate announcements, including mergers and acquisitions in the energy sector, which may impact market dynamics [50].

Core Viewpoint - Inner Mongolia Huadian will disclose the sales volume completion status for 2025 in accordance with the relevant regulations of the Shanghai Stock Exchange's self-regulatory guidelines for listed companies [1] Group 1 - Inner Mongolia Huadian responded to investor inquiries on its interactive platform [1] - The company is committed to transparency by adhering to industry disclosure regulations [1]

Group 1 - The stock price of Inner Mongolia Huadian (600863) closed at 4.58 yuan on January 14, 2026, with no change, a turnover rate of 1.04%, a trading volume of 681,900 shares, and a transaction amount of 312 million yuan [1] - On January 14, 2026, the net inflow of main funds was 16.97 million yuan, accounting for 5.43% of the total transaction amount, while retail investors had a net outflow of 34.52 million yuan, representing 11.05% of the total transaction amount [1][3] Group 2 - Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. held its 21st meeting of the 11th Board of Directors on January 13, 2026, where it approved the establishment of a special account for raised funds and authorized the signing of a fund supervision agreement [1] - The company plans to issue shares and pay cash to acquire 70% of the equity of Northern Shangdu Zhenglanqi New Energy Co., Ltd. and 75.51% of the equity of Northern Dolun New Energy Co., Ltd., raising a total of no more than 2.65 billion yuan [1][3]

Group 1: Capital Market Development - Inner Mongolia has achieved continuous IPOs for five consecutive years, with 12 new companies listed, and the total market capitalization of A-shares surpassing 1 trillion yuan [1][7] - The region has established a multi-level market system, enhancing direct financing and supporting the growth of strategic emerging industries [1][7] - The "Tianjun Plan" has been implemented to assist companies in listing, integrating high-quality services and financial resources to boost economic development [6][7] Group 2: Industry Highlights - Inner Mongolia is a significant player in the dairy industry, with leading companies like Yili and Mengniu driving green development and digital transformation [1][2] - The region's unique ecological initiatives have led to the creation of the world's largest organic milk source base, showcasing the integration of ecology and industry [1][2] - The rare earth industry is a cornerstone of Inner Mongolia's economy, with companies like Northern Rare Earth leading in production and market value [3][4] Group 3: Financial Performance - Inner Mongolia's listed companies have seen significant capital operations, with major asset restructurings and a total of approximately 23.77 billion yuan raised through refinancing [8] - Cash dividends from 28 companies reached 93.03 billion yuan, doubling the amount from the previous five-year period, indicating a strong commitment to shareholder returns [8] - The region has maintained a zero-default record on public market bonds for five consecutive years, reinforcing its creditworthiness [9]

Core Viewpoint - Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. plans to issue shares and cash to acquire 70% of the equity of Northern Shangdu Zhenglanqi New Energy Co., Ltd. and 75.51% of the equity of Northern Dolun New Energy Co., Ltd. from Northern United Power Co., Ltd. The company aims to raise no more than 2.65 billion yuan in supporting funds through a share issuance to no more than 35 specific investors [1]. Group 1 - The company has received approval from the China Securities Regulatory Commission for the issuance of shares to purchase assets and raise supporting funds, with a maximum amount of 265 million yuan [1]. - The company will establish a special account for the raised funds at the Industrial and Commercial Bank of China, Hohhot Shiyangqiao East Road Branch, for centralized management and use of the raised funds [2]. - The board of directors has authorized the chairman and designated personnel to handle the opening of the special account and sign the fund supervision agreement with independent financial advisors and the commercial bank [2][8]. Group 2 - The board meeting was held in compliance with relevant laws and regulations, with all nine directors present [5][8]. - The board unanimously approved the proposal to establish a special account for raised funds and authorized the necessary actions for its establishment [8][10]. - The board also elected members for the Strategic and ESG Committee and the Compensation and Assessment Committee, with the chairman of the board serving as the head of the Strategic and ESG Committee [11].

（编辑 任世碧） 证券日报网讯 1月13日，内蒙华电发布公告称，公司第十一届董事会第二十一次会议审议通过《关于开 设募集资金专项账户并授权签署募集资金监管协议、办理开户等事宜的议案》《关于选举第十一届董事 会战略与ESG委员会、薪酬与考核委员会成员的议案》。 ...

根据《上市公司募集资金监管规则》《上海证券交易所股票上市规则（2025 年4月修订）》《上海证券交易所上市公司自律监管指引第1号——规范运作（2025 年5月修订）》等有关法律法规和规范性文件的规定，公司应当将募集资金存放 于经董事会批准设立的专项账户集中管理和使用，并在募集资金到位后一个月内 与独立财务顾问、存放募集资金的商业银行签订三方监管协议。经公司第十一届 董事会第二十一次会议审议批准，同意公司在中国工商银行股份有限公司呼和浩 特石羊桥东路支行设立募集资金专项账户，用于募集资金的集中存放、管理和使 用，并与独立财务顾问、存放募集资金的商业银行签订募集资金专户存储监管协 议等相关文件。 同时，公司董事会同意授权公司董事长及其授权人士，全权负责办理本次募 集配套资金涉及的募集资金专用账户开立事宜，包括但不限于办理开户手续、与 独立财务顾问及商业银行签署募集资金监管协议等，并根据实际需要采取一切必 要行动、履行全部法定及约定程序与手续，授权有效期自本次董事会审议通过之 日起至本次募集配套资金事宜完成之日止。 证券代码：600863 证券简称：内蒙华电 公告编号：临 2026-005 债券代码：240364 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、 董事会会议召开情况 （一）本次董事会的召开符合有关法律、行政法规、部门规章、规范性文件 和公司章程的规定。 （二）召开本次会议的通知及资料于 2026 年 1 月 8 日以电子邮件、书面方 式送达。 （三）本次会议以通讯方式召开，于 2026 年 1 月 13 日形成决议。 证券代码：600863 证券简称：内蒙华电 公告编号：临 2026-004 债券代码：240364 债券简称：23 蒙电 Y2 内蒙古蒙电华能热电股份有限公司 第十一届董事会第二十一次会议决议公告 公司拟设立募集资金专项账户，并拟与独立财务顾问、存放募集资金的商业 银行签订募集资金专户存储监管协议等相关文件。公司董事会同意授权公司董事 长及其授权人士，全权负责办理募集资金专用账户开立事宜，包括但不限于办理 开户手续、与独立财务顾问及商业银行签署募集资金监管协议等。 独立董事专门会议、董事会审计委员会会前审阅了该议案，同意议案内容并 提交董事会审议。 同意：9 票；反对：0 票；弃权：0 票。 《内蒙古蒙 ...