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 ...

2025年第三季度，集团按合并报表口径完成输╱售气量106,761.11万立方米，同比减少5.25%，其中售 气量94,351.94万立方米，同比增加0.94%，代输气量12,409.18万立方米，同比减少35.39%。截至2025年 9月30日，累计完成输╱售气量388,174.34万立方米，同比减少14.12%，其中售气量352,115.43万立方 米，同比减少10.90%，代输气量36,058.91万立方米，同比减少36.57%。 格隆汇10月30日丨新天绿色能源(00956.HK)发布公告，2025年第三季度，集团按合并报表口径完成发电 量251.76万兆瓦时，同比增加9.20%；完成上网电量244.64万兆瓦时，同比增加9.14%。截至2025年9月 30日，累计完成发电量1076.79万兆瓦时，同比增加9.47%；累计完成上网电量1050.65万兆瓦时，同比 增加9.47%。2025年1-9月，集团平均上网电价(不含税)为0.41元╱千瓦时，较去年同期下降5.44%；集团 市场化交易电量616.82万兆瓦时，交易电量占比58.71%，同比增加21.49个百分点。 ...

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].

Group 1 - The article provides a list of companies and their respective activities related to shareholder meetings, new stock activities, performance announcements, and dividend distributions scheduled for October 30, 2025 [1][2][5][7]. - Several companies are mentioned as being in the process of initial public offerings (IPOs), including 旺山旺水-B, 均胜电子, 文远知行-W, and 赛力斯 [6]. - Companies such as 美的集团 and 翰森制药 are noted for their dividend distribution dates, indicating ongoing shareholder returns [7][8]. Group 2 - The article highlights the resumption of trading for companies like 舍图控股, 鸿盛昌资源, and 安能物流, suggesting a return to market activity after previous suspensions [6][7]. - The document lists various companies involved in dividend payouts, which may attract investor interest due to potential income generation [8]. - The presence of multiple companies in the IPO stage indicates a potentially active market environment for new investments [6].

Core Viewpoint - The 2025 Financial Street Forum highlighted the importance of comprehensive reforms in the capital market to promote high-quality development during the "14th Five-Year Plan" period, signaling a clear policy direction for enhancing market confidence and stability [2]. Group 1: Deepening Reforms - The focus is on constructing a multi-tiered capital market that better serves the development of new productive forces, with plans to reform the ChiNext board and improve listing standards for emerging industries [3]. - The development of the Beijing Stock Exchange is emphasized, along with the introduction of a refinancing framework to enhance the capital market's efficiency in supporting technological innovation [3]. - Analysts believe these reforms will significantly increase the capital market's capacity to support high-level technological self-reliance and innovation [3]. Group 2: Strengthening Market Stability - The concept of "strengthening fundamentals" is central, with specific requirements for listed companies to improve governance and increase shareholder returns through dividends and buybacks [6]. - Over the past five years, listed companies have returned over 10.6 trillion yuan to shareholders, which is 2.07 times the amount raised through IPOs and refinancing, indicating a shift towards a more balanced investment environment [6]. - The emphasis on shareholder returns is seen as a way to enhance the resilience and risk management capabilities of the A-share market [6]. Group 3: Long-term Investment Focus - The promotion of long-term capital investment is a key focus, with reforms aimed at encouraging institutional investors to adopt long-term investment strategies [7]. - The introduction of long-term performance assessments for public funds and pension funds is expected to bring in sustainable capital, supporting a stable upward trend in the stock market [7]. - Establishing a market ecosystem that favors long-term investments is viewed as essential for optimizing the capital supply structure and enhancing market stability [7]. Group 4: Enhancing Investor Protection - The upcoming release of guidelines for protecting small and medium investors reflects a commitment to enhancing the attractiveness and competitiveness of the capital market [8]. - Strengthening investor protection mechanisms is seen as crucial for stabilizing market expectations and boosting investor confidence [8]. - The guidelines aim to create a comprehensive safety net for investors, addressing all stages of investment [8]. Group 5: Opening Up the Market - The speech indicates a commitment to high-level institutional openness, with ongoing efforts to align domestic markets with international standards [9]. - Recent advancements in cross-border investment mechanisms and the management of foreign investors are highlighted as steps to enhance international competitiveness [9]. - The overall goal is to create a capital market that supports technological innovation, industrial upgrades, and wealth growth while being responsive to global market dynamics [9].