股票代码：600900 股票简称：长江电力 公告编号：2026-007 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。 中国长江电力股份有限公司（以下简称公司）于 2022 年 6 月 6 日在上海证券交易所网站发布了《关于公司控股股东完成可 交换公司债券发行的公告》（公告编号 2022-034）：控股股东中国 长江三峡集团有限公司（以下简称中国三峡集团）以其持有的公 司部分 A 股股票为标的，成功发行中国长江三峡集团有限公司 2022 年面向专业投资者公开发行绿色科技创新可交换公司债券 1 2025 年中期利润分配具体方案的议案》，股东会授权董事会在满 足中期利润分配前提条件和金额上限的范围内，制定并实施公司 2025 年中期利润具体分配方案。授权有效期自 2024 年年度股东 会审议通过之日起至 2026 年 3 月 31 日止。 公司于 2025 年 12 月 30 日召开第六届董事会第五十次会议， 审议通过《公司 2025 年中期利润分配方案》，并于 2026 年 2 月 5 日发布《公司 2025 年中期权益分派实施 ...

Group 1 - The core viewpoint of the article highlights the performance of the 180 Governance ETF (510010), which saw a slight increase of 0.27% to 1.845 yuan as of midday closing on February 12 [1] - The ETF's major holdings include Guizhou Moutai, which fell by 1.42%, China Ping An down by 1.04%, and China Merchants Bank down by 1.60%, while Zijin Mining rose by 1.70% [1] - The ETF is managed by China International Fund Management Co., with a performance benchmark of the Shanghai Stock Exchange 180 Corporate Governance Index, achieving a return of 105.50% since its inception on September 25, 2009, and a return of 0.54% over the past month [1]

从分红时点来看，分红节奏整体前移，"又好又快"回馈投资者。相较2025年春节，今年春节前分红时点 总体前移，2025年12月实施分红2647亿元，是2024年12月分红金额的3.7倍，占春节前分红总额的比重 提升至七成以上。工农中建交五大行均提前至2025年12月派发分红，合计1899亿元。招商银行、五粮液 12月分别分红255亿元、100亿元。分红时点提前，有利于投资者提前收息，享受货币时间价值的同时， 更好规划新年现金流。 近期，上市公司春节前分红持续推进。 2025年12月至2026年1月底，沪深北证券交易所235家上市公司在春节前两个月实施春节前分红，金额合 计3488亿元，已超2025年春节前分红总额3446亿元，再创新高。叠加今年2月分红，春节前分红金额还 将继续增长。 越来越多的上市公司加入春节前分红的大军中，一方面体现了上市公司整体盈利能力的提升，另一方面 也展现出上市公司股东回报意识的强化，这是监管部门鼓励的方向，也是上市公司治理能力提升的表 现。中金公司研究部首席国内策略分析师李求索表示，市场正朝着强化股东回报、平衡投融资关系的方 向稳步发展，为市场建立长期稳定回报机制奠定了良好基础。 分 ...

Group 1 - The total amount of dividends distributed by 235 listed companies before the Spring Festival reached 348.8 billion yuan, surpassing the previous year's total of 344.6 billion yuan, marking a new high [1] - The increase in dividend distribution is attributed to stable corporate profits and a strengthened awareness of shareholder returns, reflecting improved corporate governance [1] - The financial and consumer sectors remain the primary contributors to dividends, with the banking sector distributing 243.4 billion yuan, accounting for nearly 70% of the total [1] Group 2 - Major companies such as Yangtze Power and Luxshare Precision are actively participating in dividend distribution, with Yangtze Power proposing over 5.1 billion yuan in dividends, leading the distribution [2] - Small and medium-sized enterprises are also engaging in dividend distribution, focusing on specialized fields and benefiting investors, with three companies from the Beijing Stock Exchange distributing a total of 4.45 million yuan [2] - The overall timing of dividend distributions has advanced, with 264.7 billion yuan distributed in December 2025, 3.7 times that of December 2024, enhancing investor cash flow planning [2] Group 3 - The willingness of private enterprises to distribute dividends has significantly increased, with a total of 61.6 billion yuan distributed, a year-on-year growth of 130%, now accounting for 18% of the total [3] - Regulatory efforts have been made to improve the dividend system, transitioning from "soft constraints" to "hard requirements," which has pressured companies to prioritize shareholder returns [3] - The evolving dividend ecosystem in the stock market is fostering a culture of value investment, with predictable returns enhancing investor confidence and attracting long-term capital [3]

2026.02.10 35家公司春节前派现 本周以来，A股公司接连分红。先是在周一（2月9日），三峡水利（600116.SH）、兰州银行 （001227.SZ）等6家企业除权派息，次日（2月10日）又有8家公司分红，除前述古井贡酒等，还涉及至 正股份（603991.SH）、雅艺科技（301113.SZ）等。 到本周五（2月13日），还将有约20家企业实施分红，包括部分行业龙头，例如立讯精密 （002475.SZ）、华电新能等。据统计，2月9日至2月13日，35家A股公司已公告（将）实施分红，现金 分红总额达到190.27亿元。 本文字数：2584，阅读时长大约4分钟 作者 | 第一财经 周楠 赶在春节之前，一批A股公司要给投资者"发红包"。 根据公告，2月10日，金徽酒（603919.SH）、瑞芯微（603893.SH）、古井贡酒（000596.SZ）等8家A 股公司实施分红，分红金额最高的是古井贡酒，超5亿元。之后的三个交易日（2月11日至13日）还将有 20多家A股公司除权派息。 包括上述公司在内，Wind统计显示，春节前最后一个交易周（2月9日至13日），共计35家公司实施分 红，派现总额超过190亿元 ...

Core Viewpoint - The trend of pre-Spring Festival dividends among listed companies is on the rise, with a total amount of 348.8 billion yuan, surpassing the previous year's total of 344.6 billion yuan, indicating improved profitability and a stronger shareholder return awareness among companies [1] Group 1: Dividend Trends - A total of 235 listed companies are expected to distribute dividends before the Spring Festival, with the financial and consumer sectors being the main contributors [1] - The banking sector alone accounted for 243.4 billion yuan in dividends, representing nearly 70% of the total, with notable contributions from China Merchants Bank and Industrial Bank [1] - The overall dividend payout timing has advanced, with 2025 December dividends reaching 264.7 billion yuan, 3.7 times that of December 2024, enhancing investor returns [3] Group 2: Corporate Participation - Major companies like Yangtze Power and Luxshare Precision are leading with dividend amounts exceeding 1 billion yuan, with Yangtze Power's payout exceeding 5.1 billion yuan [2] - Small and medium-sized enterprises are also participating actively, focusing on specialized fields, with three companies from the Beijing Stock Exchange distributing a total of 4.45 million yuan [2] Group 3: Policy Influence - The willingness of private enterprises to distribute dividends has doubled, with a total of 61.6 billion yuan, increasing their share from 8% to 18% of the total pre-Spring Festival dividends [3] - Regulatory bodies have been promoting improvements in the dividend system, transitioning from soft constraints to hard requirements, which has encouraged companies to prioritize shareholder returns [3][4]

证券日报网讯 2月11日，长江电力在互动平台回答投资者提问时表示，二级市场股价波动受多种因素影 响。目前，公司生产经营活动一切正常，基本面稳健。公司始终专注于提升公司核心竞争力和内在价 值，并通过稳健的经营策略和持续的技术创新为股东创造长期回报。 （文章来源：证券日报） ...

Core Viewpoint - The article highlights the increasing trend of pre-Spring Festival dividends among listed companies, indicating improved profitability and a stronger shareholder return awareness, which is encouraged by regulatory bodies [2][4]. Group 1: Dividend Trends - In the two months leading up to the Spring Festival, 235 listed companies on the Shanghai and Shenzhen stock exchanges are expected to distribute a total of 348.8 billion yuan in dividends, surpassing the previous year's total of 344.6 billion yuan [2]. - The financial and consumer sectors remain the primary contributors to dividends, with the banking sector distributing 243.4 billion yuan, accounting for nearly 70% of the total [2]. Group 2: Major Contributors - Leading companies such as Yangtze Power, Luxshare Precision, and CITIC Securities are planning to distribute over 10 billion yuan each, with Yangtze Power leading at over 5.1 billion yuan [3]. - Smaller companies are also participating actively, particularly those in specialized fields, with three companies from the Beijing Stock Exchange distributing a total of 4.45 million yuan [3]. Group 3: Timing and Growth - The timing of dividend distributions has advanced, with a total of 264.7 billion yuan distributed in December 2025, which is 3.7 times the amount from December 2024 [4]. - Private enterprises have shown a significant increase in dividend distribution, with amounts doubling to 61.6 billion yuan, now representing 18% of the total pre-Spring Festival dividends [4]. Group 4: Regulatory Influence - Regulatory bodies have been pushing for improvements in the dividend system, transitioning from "soft constraints" to "hard requirements," which has led to increased focus on shareholder returns [4]. - Measures such as halving dividend distribution fees have been implemented to lower costs and encourage companies to distribute dividends [4]. Group 5: Market Impact - The evolving dividend ecosystem is fostering a culture of value investment, enhancing investor confidence and attracting long-term capital into the market [5][6].

（文章来源：证券日报） 证券日报网讯 2月11日，长江电力在互动平台回答投资者提问时表示，当前股价波动受多重因素综合影 响，包括宏观经济环境、市场情绪、行业周期性变化以及投资者对政策预期的动态调整。关于电力行业 政策调整对上网电价及公司业绩的影响，需结合具体政策内容、执行细则及公司实际运营情况综合研 判。 ...

（编辑 楚丽君） 证券日报网讯 2月11日，长江电力在互动平台回答投资者提问时表示，公司已关注到国家发改委近期出 台的《关于完善发电侧容量电价机制的通知》。公司理解，该政策旨在推动行业健康可持续发展。公司 将积极应对并把握政策带来的发展机遇，继续发挥专业优势，加强投资与成本管控，并密切关注后续各 地实施细则的出台，以优化经营策略，确保业务的稳健发展并为投资者创造长期价值。 ...