2026年第一次临时股东会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 证券代码：600886 证券简称：国投电力 公告编号：2026-002 国投电力控股股份有限公司 一、 会议召开和出席情况 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 989 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,098,497,860 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 26.2164 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，由公司董事长郭绪元先生主持。会议采用现场 投票和网络投票相结合的表决方式。本次会议的召集、召开、表决符合《公司法》 和《公司章程》的有关规定。 (五) 公司董事和董事会秘书的列席情况 (一) 股东会召开的时间：2026 年 1 月 5 ...

北京市天元律师事务所 关于国投电力控股股份有限公司 2026 年第一次临时股东会的法律意见 京天股字(2026)第007号 致:国投电力控股股份有限公司 国投电力控股股份有限公司(以下简称"公司")2026 年第一次临时股东会(以 下简称"本次股东会")采取现场投票与网络投票相结合的方式,现场会议于 2026 年 1 月 5 日在北京市西城区西直门南小街 147 号楼 1011 会议室召开。北京市天元 律师事务所(以下简称"本所")接受公司聘任,指派本所律师参加本次股东会现 场会议,并根据《中华人民共和国公司法》、《中华人民共和国证券法》(以下简称 "《证券法》")、《上市公司股东会规则》(以下简称"《股东会规则》"以及《国 投电力控股股份有限公司章程》(以下简称"《公司章程》")等有关规定,就本次 股东会的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序 及表决结果等事项出具本法律意见。 为出具本法律意见,本所律师审查了《国投电力控股股份有限公司第十三届 董事会第五次会议决议公告》《国投电力控股股份有限公司关于召开 2026年第一次 临时股东会的通知》(以下简称"《召开股东会通知》"《国投电 ...

Investment Rating - The report maintains a positive outlook on the power and gas sectors, indicating potential investment opportunities in these areas [1]. Core Insights - The 2026 long-term electricity prices are under pressure, with significant declines observed in transaction prices across various provinces, reflecting a shift in the power generation model from reliance on thermal power to a more diversified income structure [6][7]. - Natural gas consumption saw a year-on-year increase of 5.1% in November 2025, indicating a recovery in demand, particularly due to heating needs during the winter season [34]. - The report highlights the importance of optimizing the electricity market mechanism and restructuring the power generation mix as key future trends [7]. Summary by Sections 1. Electricity: 2026 Long-term Electricity Prices - The annual transaction results for 2026 show a total transaction volume of 2,724.81 billion kWh in Jiangsu, with a weighted average price of 344.19 yuan/MWh, down 16.55% from the previous year [6][8]. - Similar trends are observed in Guangdong and Anhui, with prices decreasing by 5.03% and 10.09% respectively [6][8]. - The report suggests that coastal provinces will face significant pricing pressure in 2026, as the role of thermal power shifts from being the main energy source to a regulatory support role [7]. 2. Gas: November Natural Gas Consumption - In November 2025, the apparent consumption of natural gas reached 362.8 billion m³, marking a 5.1% increase year-on-year, while the total consumption from January to November was 3,880 billion m³, a slight decline of 0.1% [34]. - The report notes that the increase in consumption is attributed to a low base from the previous year and a recovery in industrial gas demand [34]. - The report also highlights a favorable trend in natural gas pricing, with a decrease in costs due to lower international oil prices and improved supply conditions [36]. 3. Investment Analysis Recommendations - For thermal power, the report recommends companies with integrated coal and power operations, such as Guodian Power and Inner Mongolia Huadian, as well as those with significant large unit ratios like Datang Power and Huaneng International [10]. - In the hydropower sector, companies like Yangtze Power and Guotou Power are recommended due to their sufficient capacity and expected improvements in profit margins [10]. - The report suggests focusing on nuclear power companies like China Nuclear Power and China General Nuclear Power, which have stable cost structures and high utilization hours [10]. - For green energy, companies such as Xintian Green Energy and Longyuan Power are highlighted for their stable returns and increasing operational benefits from environmental value releases [10].

中央纪委国家监委网站1月5日消息，据中央纪委国家监委驻国家电投纪检监察组、辽宁省纪委监委消息： 国家电力投资集团有限公司 专职董事王国力 涉嫌严重违纪违法，目前正接受中央纪委国家监委驻国家电投纪检监察组纪律审查和辽宁省营口市监察委员会监察调 查。 来源： 中央纪委国家监委网站 End 欢迎分享给你的朋友！ 出品 | 中国能源报（c ne ne rgy） 编辑丨赵方婷 ...

文 | 中关村储能产业技术联盟 1月4日，国家电投发布2026年第一批储能电芯设备和第一批储能系统设备招标工作。 第一批储能电芯设备： 分为1个标段，采购总规模 7GWh ，电芯容量 ≥314Ah ； | 标段 | 标段编号 | 标段名称 | 采购总容量(MWh) | 电芯容量(Ah) | 信息服务费 | | --- | --- | --- | --- | --- | --- | | 序号 | | | | | (元) | | | DNYZC-2026-01 -04-026-01 | 第一批储能电芯设备 | 7000 | ≥314 | 1000 | 第一批储能系统设备： 分为两个标段，采购总规模 5GWh ，其中 集中式储能系统 采购总容量4500MWh， 组串式储能系统 采购总容量500MWh。 | 标段 序号 | 标段编号 | 标段名称 | 采购总容量(MWh) | 信息服务费(元) | | --- | --- | --- | --- | --- | | | DNYZC-2026-01-04-0 | 集中式储能系统 | 4500 | 1000 | | | 30-01 | | | | | 2 | DNYZC- ...

Investment Rating - The report maintains a "Positive" investment rating for the utility sector [10] Core Insights - In November, the national trading volume of green certificates reached 132.12 million, a year-on-year increase of 143%, marking a historical high for monthly trading scale. From January to November, the trading of green certificates accounted for 41.81% of the issued tradable scale, an increase of 27.65 percentage points compared to the entire year of 2024, indicating a continuous alleviation of the oversupply issue in green certificates [2][12] - The average trading price of green certificates in November was 4.96 yuan per certificate, showing a month-on-month increase of 10.80%. The improvement in both supply and demand sides is expected to provide long-term support for green certificate prices, further catalyzing the recovery of the utility sector's attributes and growth narrative [2][12] - The report highlights a significant increase in new installed capacity for thermal power, with a historical high of 77.52 million kilowatts added from January to November, representing a year-on-year growth of 63.41%. This expansion is expected to enhance the power system's regulation capacity and alleviate the pressure on renewable energy consumption and electricity prices [2][12] Summary by Sections Green Certificate Trading - The trading volume of green certificates in November reached 132.12 million, a 143% increase year-on-year, with the trading scale hitting a historical high. The trading of green certificates from January to November totaled 728 million, a 119% increase year-on-year. The proportion of traded green certificates to the issued tradable scale reached 41.81%, up 27.65 percentage points from 2024 [2][12] - The average trading price for green certificates in November was 4.96 yuan per certificate, reflecting a month-on-month increase of 10.80%. The price stability is supported by the synchronized improvement in supply and demand, with expectations of rational expansion in supply due to policy changes [2][12] Installed Capacity - From January to November, the total new installed capacity was 44.557 million kilowatts, with November alone contributing 4.773 million kilowatts, a year-on-year increase of 27.86%. Wind and solar power installations saw significant growth, with wind power increasing by 59.42% and solar power by 33.25% year-on-year [2][12] - The report emphasizes that the substantial expansion of thermal power capacity will significantly enhance the power system's ability to accommodate fluctuating renewable energy outputs, thereby stabilizing electricity prices [2][12] Investment Recommendations - The report recommends focusing on quality thermal power operators such as Huaneng International, Datang Power, Guodian Power, and Huadian International, as well as hydropower companies like Yangtze Power and State Power Investment Corporation. It also highlights opportunities in the renewable energy sector, suggesting companies like Longyuan Power and New天绿色能源 [2][12]

Group 1 - The core point of the article is the establishment of Yunnan Qianrun Power Sales Co., Ltd. with a registered capital of 100 million yuan, which is fully owned by Guotou Electric Power [1] - The company’s business scope includes power generation, transmission, distribution, energy management services, and energy storage technology services [1] - The legal representative of the newly established company is He Shouliang [1]

Core Viewpoint - Yunnan Qianrun Power Supply Co., Ltd. has been established with a registered capital of 100 million yuan, focusing on various power-related services and is fully owned by Guotou Power [1] Group 1: Company Overview - Yunnan Qianrun Power Supply Co., Ltd. was recently founded, with He Shouliang as the legal representative [1] - The company has a registered capital of 100 million yuan [1] Group 2: Business Scope - The business scope of Yunnan Qianrun includes power generation, transmission, and distribution services [1] - Additional services offered by the company include energy management services and energy storage technology services [1] Group 3: Ownership Structure - Yunnan Qianrun is indirectly wholly owned by Guotou Power (stock code: 600886) [1]

那么，社保基金会的定增认购价对二级市场投资者意味着什么？对此，业内人士分析认为，上市公司股 价在社保基金会认购价附近止跌反弹的现象，体现了"国家队"资金的锚定效应。社保基金会作为长期资 金、耐心资本的代表，其重仓参与的价格通常被市场视为一个价值的重要参考点。不过，行业基本面和 系统性风险变化也至关重要，不排除在行业和系统性风险下股价跌破社保基金会定增认购价的可能。但 从长期投资角度看，社保基金会定增认购价确实提供了一个重要参考。 全文请见：电力板块走弱，两大千亿巨头股价再次逼近社保基金会定增认购价，将再现神奇支撑？ 近期，中国核电（601985）和国投电力（600886）的股价正再次逼近一个关键点位。最近两年，社保基 金会以战略投资者身份，以8.31元/股和12.72元/股的价格分别重仓投入120亿元和70亿元参与这两家公 司的定向增发。截至2025年12月30日收盘，中国核电和国投电力的股价分别报收8.67元和13.10元，已逼 近社保基金会的定增认购价。 ...

每经记者｜闫峰峰 每经编辑｜吴永久 近期，伴随着电力板块的整体调整，中国核电和国投电力这两只千亿巨头的股价再度逼近全国社会保障 基金理事会（以下简称社保基金会）的定增认购价，而此前该两只个股在社保基金会的定增认购价附近 均显现出韧性和支撑。每经资本眼专栏记者发现，在A股历史上有电力巨头在社保基金会定增认购价附 近获得显著支撑的案例，不过也有跌破定增认购价的案例，但最终收复了社保基金会的认购价。那么， 近期的调整是否意味着中国核电和国投电力的抄底机会来临？ 中国核电、国投电力股价下探，社保基金会认购价附近显韧性 中国核电和国投电力的股价正再次逼近一个关键点位。最近两年，社保基金会以战略投资者身份，以 8.31元/股和12.72元/股的价格分别重仓投入120亿元和70亿元参与这两家公司的定向增发。 而国投电力在2025年9月22日最低跌至13元，距社保基金会的定增认购价12.72元仅有2.15%的空间。不 过国投电力在当日止跌，并随后展开了1个多月的上涨行情。 国电电力和国信证券的案例启示：社保基金会认购价或是市场重要锚 定点 实际上，上市公司股价在社保基金会定增认购价附近获得支撑的情况，在其他个股上已有发生。 ...