Core Insights - The company reported a significant increase in power generation and grid-connected electricity for Q3 2025, with generation reaching 2.5176 million MWh, a year-on-year increase of 9.20% [1] - The average grid-connected electricity price (excluding tax) for the first nine months of 2025 was 0.41 yuan per kWh, a decrease of 5.44% compared to the same period last year [1] - The company experienced a decline in gas transmission and sales volume for Q3 2025, with total gas sales at 1.068 billion cubic meters, a year-on-year decrease of 5.25% [1] Power Generation and Electricity Sales - For Q3 2025, the company achieved a total power generation of 2.5176 million MWh, up 9.20% year-on-year [1] - The total grid-connected electricity for the same period was 2.4464 million MWh, reflecting a 9.14% increase year-on-year [1] - Cumulative power generation as of September 30, 2025, reached 10.7679 million MWh, a 9.47% increase year-on-year [1] - Cumulative grid-connected electricity was 10.5065 million MWh, also up 9.47% year-on-year [1] - Market-based electricity trading volume was 6.1682 million MWh, with a trading volume share of 58.71%, an increase of 21.49 percentage points year-on-year [1] Gas Transmission and Sales - In Q3 2025, the company completed gas transmission and sales of 1.068 billion cubic meters, down 5.25% year-on-year [1] - Total gas sales for the period were 944 million cubic meters, a slight increase of 0.94% year-on-year [1] - Cumulative gas transmission and sales volume as of September 30, 2025, was 3.882 billion cubic meters, a decrease of 14.12% year-on-year [1] - Cumulative gas sales were 3.521 billion cubic meters, down 10.90% year-on-year [1] - Cumulative gas transmission volume was 361 million cubic meters, reflecting a decrease of 36.57% year-on-year [1]

Core Viewpoint - New天绿色能源 reported a significant increase in power generation and grid-connected electricity for Q3 2025, while gas sales showed a decline in volume [1] Group 1: Power Generation and Electricity Sales - In Q3 2025, the company achieved a power generation of 2.5176 million MWh, representing a year-on-year increase of 9.20% [1] - The grid-connected electricity reached 2.4464 million MWh, also reflecting a year-on-year increase of 9.14% [1] - Cumulatively, as of September 30, 2025, the total power generation was 10.7679 million MWh, up 9.47% year-on-year [1] - The cumulative grid-connected electricity was 10.5065 million MWh, showing a year-on-year increase of 9.47% [1] - The average grid-connected electricity price (excluding tax) for January to September 2025 was 0.41 CNY/kWh, a decrease of 5.44% compared to the same period last year [1] - Market-based electricity trading volume was 6.1682 million MWh, with a trading volume share of 58.71%, an increase of 21.49 percentage points year-on-year [1] Group 2: Gas Sales and Transportation - In Q3 2025, the company completed gas sales of 106,761.11 million cubic meters, a year-on-year decrease of 5.25% [1] - The gas sales volume was 94,351.94 million cubic meters, which is a slight increase of 0.94% year-on-year [1] - The gas transportation volume was 12,409.18 million cubic meters, showing a significant year-on-year decrease of 35.39% [1] - Cumulatively, as of September 30, 2025, the total gas sales volume was 388,174.34 million cubic meters, down 14.12% year-on-year [1] - The cumulative gas sales volume was 352,115.43 million cubic meters, reflecting a year-on-year decrease of 10.90% [1] - The cumulative gas transportation volume was 36,058.91 million cubic meters, which is a decrease of 36.57% year-on-year [1]

新天绿色能源股份有限公司 2025 年第三季度报告 证券代码：600956 证券简称：新天绿能 新天绿色能源股份有限公司 2025 年第三季度报告 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： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 3,541,368,113.69 | -3.03 | 14,445,284,417.62 | -8.51 | | 利润总额 ...

Core Viewpoint - New天绿色能源 reported a significant increase in power generation and grid-connected electricity for Q3 2025, while gas sales showed a decline in volume [1] Group 1: Power Generation and Electricity Sales - In Q3 2025, the company achieved a power generation of 2.5176 million MWh, representing a year-on-year increase of 9.20% [1] - The grid-connected electricity reached 2.4464 million MWh, also up by 9.14% year-on-year [1] - Cumulatively, as of September 30, 2025, total power generation was 10.7679 million MWh, reflecting a 9.47% increase year-on-year [1] - Cumulative grid-connected electricity was 10.5065 million MWh, with a year-on-year increase of 9.47% [1] - The average grid-connected electricity price (excluding tax) for January to September 2025 was 0.41 CNY/kWh, down by 5.44% compared to the same period last year [1] - Market-based electricity trading volume was 6.1682 million MWh, with a trading volume share of 58.71%, an increase of 21.49 percentage points year-on-year [1] Group 2: Gas Sales and Transportation - In Q3 2025, the company reported a gas sales volume of 1,067,611.1 million cubic meters, a decrease of 5.25% year-on-year [1] - The sales volume was 943,519.4 million cubic meters, showing a slight increase of 0.94% year-on-year [1] - The volume of gas transported was 124,091.8 million cubic meters, down by 35.39% year-on-year [1] - Cumulatively, as of September 30, 2025, total gas sales volume was 3,881,743.4 million cubic meters, a decrease of 14.12% year-on-year [1] - Cumulative sales volume was 3,521,154.3 million cubic meters, down by 10.90% year-on-year [1] - Cumulative gas transportation volume was 360,589.1 million cubic meters, reflecting a decrease of 36.57% year-on-year [1]

Core Insights - New天绿色能源 reported a revenue of 3.541 billion yuan for Q3 2025, a year-on-year decrease of 3.03% [1] - The net profit attributable to shareholders was 147 million yuan, showing a significant year-on-year increase of 122.98% [1] - Basic earnings per share for Q3 2025 were 0.03 yuan [1] Revenue Analysis - The decrease in revenue was primarily attributed to a reduction in natural gas sales volume compared to the same period last year [1] - For the first three quarters of 2025, the company achieved a total revenue of 14.445 billion yuan, which is an 8.51% year-on-year decrease [1] Profitability Metrics - The net profit for the first three quarters was 1.559 billion yuan, reflecting a year-on-year growth of 4.23% [1] - The increase in net profit was mainly due to a decline in cost and expenses compared to the same period last year [1] - Basic earnings per share for the first three quarters were 0.37 yuan [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00956） 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司關於召開2025年第三季度業 績說明會的公告》，僅供參閱。 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2025年10月30日 於本公告日期，本公司非執行董事為曹欣博士、李連平博士、秦剛先生、張旭蕾博士、盧榮先 生及趙士毅先生；本公司執行董事為譚建鑫先生；以及本公司獨立非執行董事為周文港博士、 楊晶磊博士、陳奕斌先生及劉斌先生。 * 僅供識別 会议召开时间：2025 年 11 月 05 ...

CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00956） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 海外監管公告 本公告乃由新天綠色能源股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上市規則》第 13.10B條作出。 茲載列本公司於上海證券交易所網站刊發之《新天綠色能源股份有限公司第六屆董事會第 次會議決 議公告》，僅供參閱。 承董事會命 新天綠色能源股份有限公司 譚建鑫 執行董事及總裁 中國河北省石家莊市，2025年10月30日 於本公告日期，本公司非執行董事為曹欣博士、李連平博士、秦剛先生、張旭蕾博士、盧榮先 生及趙士毅先生；本公司執行董事為譚建鑫先生；以及本公司獨立非執行董事為周文港博士、 楊晶磊博士、陳奕斌先生及劉斌先生。 * 僅供識別 新天绿色能源股份有限公司 第六届董事会第二次会议决议公告 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 CHINA SUNTIEN GREEN ENERGY CORPORATION LIMITED* 新天綠色能源股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：00956） 2025年第三季度主要經營數據 新天綠色能源股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附屬公司（合稱「本集 團」）2025年第三季度主要經營數據。 新能源業務板塊 根據本公司初步統計，2025年第三季度，本集團按合併報表口徑完成發電量2,517,642.22兆瓦時，同 比增加9.20%；完成上網電量2,446,416.10兆瓦時，同比增加9.14%。截至2025年9月30日，累計完成 發電量10,767,861.16兆瓦時，同比增加9.47%；累計完成上網電量10,506,452.82兆瓦時，同比增加 9.47%。2025年1-9月，本集團平均上網電價（不含稅）為0.41元╱千瓦時，較去年同期 ...

Financial Performance - Operating revenue for the third quarter was RMB 3,541,368,113.69, a decrease of 3.03% compared to the same period last year[8] - Total profit for the quarter reached RMB 156,866,203.89, an increase of 75.06% year-on-year[8] - Net profit attributable to shareholders was RMB 146,651,458.37, reflecting a significant increase of 122.98% compared to the previous year[8] - Basic earnings per share for the quarter were RMB 0.03, a 50.00% increase from the same period last year[8] - Total revenue for the first three quarters of 2025 was approximately ¥14.45 billion, a decrease of 8.5% compared to ¥15.79 billion in the same period of 2024[34] - Net profit for the first three quarters of 2025 was approximately ¥1.75 billion, slightly up from ¥1.73 billion in 2024, indicating a growth of 1.5%[36] - Total comprehensive income for the first three quarters of 2025 reached ¥1,750,130,657.00, a slight increase of 1.4% compared to ¥1,726,180,812.21 in the same period of 2024[39] - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.37, up from ¥0.35 in the same period of 2024, reflecting a growth of 5.7%[39] - Net profit for the first three quarters of 2025 was CNY 1,241,994,807.31, down 35.8% from CNY 1,933,370,884.49 in the first three quarters of 2024[54] Cash Flow - The net cash flow from operating activities was RMB 2,469,660,739.32, up 212.72% year-on-year[8] - Cash inflow from operating activities totaled ¥16,938,628,265.95 in the first three quarters of 2025, an increase of 7.6% from ¥15,738,041,610.22 in 2024[42] - Net cash flow from operating activities for the first three quarters of 2025 was ¥5,551,566,311.30, significantly higher than ¥2,885,813,484.71 in 2024, marking an increase of 92.5%[43] - Cash inflow from financing activities for the first three quarters of 2025 amounted to 1.5 billion, compared to 172.57 million in the same period of 2024[61] - Net cash flow from financing activities for the first three quarters of 2025 was -782.74 million, a decrease from -2.32 billion in the first three quarters of 2024[61] - The ending cash and cash equivalents balance for the first three quarters of 2025 was 629.38 million, up from 266.83 million in the same period of 2024[61] Assets and Liabilities - Total assets at the end of the reporting period were RMB 87,309,827,369.40, representing a 3.92% increase from the end of the previous year[10] - The company's total liabilities as of September 30, 2025, amounted to approximately ¥57.36 billion, an increase from ¥56.90 billion at the end of 2024[31] - Current liabilities totaled approximately ¥19.91 billion as of September 30, 2025, compared to ¥22.60 billion at the end of 2024, showing a decrease of 12%[29] - Non-current liabilities increased to approximately ¥37.44 billion as of September 30, 2025, from ¥34.30 billion at the end of 2024, representing an increase of 6.2%[31] - The company's total equity as of September 30, 2025, was approximately ¥29.95 billion, up from ¥27.11 billion at the end of 2024, reflecting an increase of 10.5%[32] - Total liabilities as of September 30, 2025, amounted to CNY 2,225,216,989.28, a decrease of 38.2% from CNY 3,598,357,543.13 at the end of 2024[50] - Total equity increased to CNY 19,413,172,084.71 as of September 30, 2025, up 10.7% from CNY 17,534,257,760.69 at the end of 2024[51] Shareholder Information - As of September 30, 2025, the total number of shareholders is 39,209, with 38,094 A-share shareholders and 1,115 H-share shareholders[18] - The top 10 shareholders hold a total of 4,112,000,000 shares, representing 92.85% of the total shares[20] - Hebei Construction Investment Group holds 2,058,841,253 shares, accounting for 48.95% of the total shares[20] - HKSCC Nominees Limited holds 1,835,962,285 shares, representing 43.65% of the total shares[20] Operational Insights - The company reported a decrease in natural gas sales volume compared to the same period last year, impacting revenue[17] - The increase in net profit was primarily due to a reduction in costs and expenses compared to the previous year[17] - The company expects continued growth in cash flow from sales of goods and services, driven by increased cash receipts[17] - The company has not reported any changes in the participation of major shareholders in securities lending or margin trading activities[25] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[56] Research and Development - Research and development expenses for the first three quarters of 2025 were approximately ¥199.14 million, down from ¥255.87 million in 2024, indicating a decrease of 22%[34] - Research and development expenses for the first three quarters of 2025 were CNY 11,409,422.65, down 17.5% from CNY 13,828,036.97 in the first three quarters of 2024[53]

Core Viewpoint - New Tian Green Energy's stock price has shown fluctuations, with a recent increase of 2.05% and a year-to-date rise of 8.46%, indicating a mixed performance in the market [1][3]. Company Overview - New Tian Green Energy Co., Ltd. is primarily engaged in natural gas sales and wind power generation, with its operations divided into three segments: natural gas, wind and solar power, and other services [2]. - The revenue composition is as follows: natural gas sales account for 67.46%, wind and solar power generation for 30.88%, and other services for 0.93% [2]. Financial Performance - As of June 30, the company reported a revenue of 10.904 billion yuan, a year-on-year decrease of 10.16%, and a net profit attributable to shareholders of 1.412 billion yuan, down 1.23% year-on-year [3]. - Cumulative cash dividends since the A-share listing amount to 4.295 billion yuan, with 2.591 billion yuan distributed over the past three years [4]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 11.59% to 38,600, while the average circulating shares per person increased by 13.48% to 62,709 shares [3]. - Notable institutional shareholders include交银趋势混合A, which increased its holdings by 205.25 million shares, and新进股东华夏中证500指数增强A, which holds 5.3089 million shares [4].