证券代码：600905 证券简称：三峡能源 公告编号：2025-055 中国三峡新能源（集团）股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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： 会 议 召 开 时 间 ： 2025 年 9 月 9 日 ( 星 期 二 ) 上 午 10:00-11:00 会议召开方式：网络视频直播+现场会议 会议召开地点：北京市通州区粮市街 2 号院成大中心 5 号楼 425 会议室 网络直播地址：小鱼易连（会议号 9035816200，无密码， 具体路径详见附件小鱼易连使用说明） 本次业绩说明会采用网络视频直播和现场会议方式召开，公 司管理层将就投资者关心的发展战略、生产经营、财务状况等事 项与投资者面对面沟通交流，并广泛听取投资者的意见和建议。 投资者可于 2025 年 9 月 5 日(星期五)前通过公司邮箱 （ctgr_ir@ctg.com.cn）进行提问。公司将在业绩说明会上对投资 者普遍关注的问题进行回答。 二、说明会时间 中国三峡新能源（集团）股份有限公司（以 ...

Group 1 - The core point of the article highlights that China Three Gorges Energy (600905) has recently obtained a utility model patent for a "Ground Insulation Resistance Detection Device," with the patent application number CN202422277234.2, authorized on August 29, 2025 [1] - The patent involves a detection device that includes a detection base and detection mechanism, which can quickly measure the ground insulation resistance of DC lines while powered [1] - In 2023, the company received 130 new patent authorizations, a decrease of 15.58% compared to the same period last year [1] Group 2 - In 2024, the company invested 42.5282 million yuan in research and development, representing a year-on-year increase of 146.79% [1] - China Three Gorges New Energy Group has made investments in 522 enterprises and participated in 4,735 bidding projects [2] - The company holds 837 patent information records, 3 trademark records, and 65 copyright records, along with 9 administrative licenses [2]

Group 1 - The core viewpoint of the articles highlights the positive performance of the new energy sector, with the China Securities New Energy Index rising by 0.70% and significant gains in key stocks such as Jiejia Weichuang and Zhengtai Electric [1][4] - The New Energy ETF (159875) has shown a weekly average trading volume of 65.82 million yuan and a net asset value increase of 8.81% over the past six months, indicating strong investor interest and market activity [1] - The top ten weighted stocks in the China Securities New Energy Index account for 43.41% of the index, with notable companies including Ningde Times and Sunshine Power [4] Group 2 - The National Energy Administration and the National Development and Reform Commission are advancing the construction of the electricity market, aiming for equal market participation for new energy storage and the establishment of a provincial-level electricity spot market by the end of 2025 [3] - The "2025 Energy Work Guidance Opinion" emphasizes the need for a coordinated approach to new energy development and consumption systems, suggesting that policy improvements may lead to marginal enhancements in new energy consumption and pricing [4]

Group 1 - The A-share market's three major indices closed mixed, with the CSI 300 Power Index at 2638.31 points [1] - The CSI 300 Power Index has decreased by 0.46% over the past month, 4.42% over the past three months, and 4.39% year-to-date [1] - The CSI 300 Index categorizes its 300 sample companies into 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [1] Group 2 - The top ten weights in the CSI 300 Power Index are: Changjiang Power (48.33%), China Nuclear Power (10.63%), Three Gorges Energy (8.61%), Guodian Power (5.99%), State Power Investment (4.98%), Huaneng International (4.57%), Chuanwei Energy (4.24%), China General Nuclear Power (4.19%), Zhejiang Energy (2.94%), and Huadian International (2.81%) [1] - The market share of the CSI 300 Power Index is 95.46% from the Shanghai Stock Exchange and 4.54% from the Shenzhen Stock Exchange [1] Group 3 - In terms of industry composition within the CSI 300 Power Index, hydropower accounts for 59.91%, thermal power for 16.31%, nuclear power for 14.82%, and wind power for 8.97% [2] - The index sample is adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2] - Weight factors are generally fixed until the next scheduled adjustment, with temporary adjustments made when the CSI 300 Index samples are modified [2]

Group 1 - The core index, the China Securities Environmental Industry 50 Index, rose by 2.6% to 1876.65 points with a trading volume of 78.228 billion yuan [1] - Over the past month, the China Securities Environmental Industry 50 Index increased by 3.95%, by 11.85% over the last three months, and by 3.12% year-to-date [2] - The index reflects the overall performance of listed companies involved in resource management, clean technology and products, and pollution management [2] Group 2 - The top ten weighted companies in the index include: Sungrow Power Supply (7.06%), TBEA (5.13%), CATL (5.04%), LONGi Green Energy (4.94%), EVE Energy (4.31%), Three Gorges Energy (4.3%), China National Nuclear Power (4.18%), Tongwei Co. (4.1%), Yangtze Power (4.03%), and GEM Co. (2.54%) [2] - The market share of the index's holdings is 51.11% from Shenzhen Stock Exchange, 48.33% from Shanghai Stock Exchange, and 0.56% from Beijing Stock Exchange [2] - The industry composition of the index's holdings shows that 75.79% is in the industrial sector and 24.21% in public utilities [2] Group 3 - The index samples are adjusted every six months, specifically on the next trading day after the second Friday of June and December [3] - Public funds tracking the Environmental 50 Index include: Guotai CSI Environmental Industry 50 ETF Link A, Guotai CSI Environmental Industry 50 ETF Link C, Guotai CSI Environmental Industry 50 ETF Link E, and Guotai CSI Environmental Industry 50 ETF [3]

Group 1 - The Three Gorges Ship Lift has officially commenced its planned maintenance on August 25, 2025, marking the fifth annual "check-up" since its operation began [1][3] - The ship lift is the largest and most technically challenging in the world, capable of quickly elevating vessels with a displacement of 3,000 tons, and has facilitated over 48,500 safe operations and transported more than 19 million tons of goods since its trial navigation in 2016 [1][2] Group 2 - The primary goal of the planned maintenance is to eliminate equipment defects and enhance the reliability and safety of the ship lift's operations [2] - The maintenance work involves over 60 tasks across seven categories, with participation from 15 units and more than 290 technical personnel and workers, scheduled to last for 35 days [2][4] - Compared to previous years, the workload for this maintenance has increased by nearly 20%, with a focus on complex projects and high technical requirements [4]

三峡能源最新一期业绩显示，截至2025一季报，公司营业总收入76.28亿元、同比减少3.47%，归属净利 润24.47亿元，同比增长1.16%，扣非净利润20.85亿元，同比减少13.87%，流动比率1.148、速动比率 1.138、资产负债率70.27%。 天眼查商业履历信息显示，中国三峡新能源(集团)股份有限公司，成立于1985年，位于北京市，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2862521.92万人民币，实缴资本2000000万 人民币。公司法定代表人为朱承军。 资金流向方面，今日主力资金净流入2157.33万元，占比成交额2.59%。其中，超大单净流入2383.83万 元、占成交额2.87%，大单净流出226.50万元、占成交额0.27%，中单净流出流出3396.87万元、占成交 额4.08%，小单净流入1239.54万元、占成交额1.49%。 金融界消息 截至2025年8月25日收盘，三峡能源（600905）报收于4.32元，上涨0.93%，换手率0.68%， 成交量193.24万手，成交金额8.32亿元。 来源：金融界 通过天眼查大数据分析，中国三峡新能源(集团)股份有限 ...

Group 1 - The Shanghai Composite Index opened high and rose, with the Shanghai 180 Infrastructure Index increasing by 1.19% to 1889.98 points and a trading volume of 39.504 billion yuan [1] - The Shanghai 180 Infrastructure Index has seen a decline of 2.53% over the past month, 1.62% over the past three months, and 3.00% year-to-date [2] - The index is based on the Shanghai 180 Index and includes listed companies in infrastructure, resources, and transportation themes, reflecting their overall performance in the secondary market [2] Group 2 - The top ten weighted stocks in the Shanghai 180 Infrastructure Index include: Yangtze Power (13.97%), China Telecom (8.57%), China State Construction (8.4%), China Mobile (7.18%), China Unicom (6.69%), China Nuclear Power (5.47%), Three Gorges Energy (4.45%), China Railway (4.31%), China Power Construction (3.9%), and Guodian Power (3.1%) [2] - The index's holdings are entirely from the Shanghai Stock Exchange, with the public utility sector accounting for 40.05%, industrial sector for 36.17%, and communication services for 23.79% [3] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [3]

Investment Rating - The report provides a positive investment outlook for the electricity and natural gas sectors, recommending specific companies for investment based on their performance and market conditions [4][16]. Core Insights - In July, the national electricity consumption exceeded 1 trillion kWh for the first time, reaching 10,226 billion kWh, a year-on-year increase of 8.6% [4][7]. - The increase in electricity consumption was primarily driven by urban and rural residents, contributing 38% to the total growth, with significant contributions from the secondary and tertiary industries as well [8][9]. - The report highlights the impact of high temperatures on electricity demand, noting that July was the hottest month since 1961, which significantly boosted residential electricity usage [8][9]. - Natural gas prices in Europe have rebounded due to geopolitical tensions, while prices in Asia and the US have decreased, indicating a mixed market environment [16][20]. - The report emphasizes the potential for improved profitability in the biomass energy sector following the introduction of new methodologies for carbon emissions reduction [4][16]. Summary by Sections Electricity - July's total electricity consumption reached 10,226 billion kWh, marking a historic milestone with an 8.6% year-on-year growth [4][7]. - The first, second, and third industries, along with urban and rural residents, contributed to the overall electricity consumption growth, with the second industry showing a recovery in electricity usage [8][9]. - Recommendations include investing in hydropower, green energy, nuclear power, and thermal power companies such as Guodian Power and Huaneng International [14][15]. Natural Gas - The report notes a stable supply-demand balance in the natural gas market, with US prices dropping to $2.76/mmBtu, while European prices have seen fluctuations due to geopolitical risks [16][20]. - Recommendations for investment include companies in the city gas sector and integrated natural gas traders, highlighting firms like Kunlun Energy and New Hope Energy [41][42]. Environmental Sector - The introduction of new methodologies for biomass energy projects is expected to enhance profitability, with a focus on companies like Evergreen Group and China Everbright [4][16]. Market Performance - The report reviews market performance from August 18 to August 22, indicating that the gas, public utility, electricity, and environmental sectors underperformed compared to the Shanghai and Shenzhen 300 index [43][44].

Group 1 - The national energy administration reports that from January to July, the national electricity market transaction volume increased by 3.2% year-on-year, with green electricity transaction volume significantly rising by 43.2%, indicating a sustained increase in clean energy demand [1] - As of August 25, the carbon neutrality ETF fund (159885.SZ) rose by 1.72%, and its associated index, the domestic low-carbon index (000977.CSI), increased by 1.70%. Key constituent stocks such as Sunshine Power rose by 3.80%, Yangtze Power by 1.58%, Robotech by 15.78%, Daqo Energy by 14.59%, and Goldwind Technology by 10.04% [1] - Research from brokerage firms indicates that Indonesia has proposed a large-scale solar storage plan, with the development restrictions on photovoltaics gradually easing. The microgrid solar storage system in Indonesia has significant growth potential, with an estimated overall investment scale reaching trillions of RMB, likely boosting the distributed photovoltaic and energy storage industries [1][2] - Changjiang Securities focuses on the continuous growth trend of high-voltage equipment, with multi-variety exports reaching new highs, reflecting structural opportunities in the power grid equipment sector [1]