湖南郴电国际发展股份有限公司 重大事项内部报告制度 第一章 总 则 第一条 为规范湖南郴电国际发展股份有限公司（以下简称"公司"） 重大事项内部报告工作，明确公司各部门、各分公司、各控股及参股子 公司和相关人员重大事项内部报告的职责和程序，确保公司信息披露内 容的及时、真实、准确、完整，根据《中华人民共和国公司法》《中华 人民共和国证券法》《上海证券交易所股票上市规则》《湖南郴电国际 发展股份有限公司章程》（以下简称"公司章程"）《湖南郴电国际发 展股份有限公司信息披露事务管理制度》等有关规定，结合公司实际情 况，制定本制度。 第二条 公司重大事项内部报告制度是指当出现、发生或即将发生 可能对公司股票及其衍生品种的交易价格或投资人的投资决策产生较大 影响的情形或事件（以下简称"重大事项"）时，按照本制度规定负有 报告义务的单位、部门、人员（以下简称"报告义务人"），应当在第 一时间将相关信息及时向公司分管领导、董事会秘书、董事长进行报告 的制度，确保董事会秘书第一时间获悉公司重大信息。 第三条 本制度适用于公司各部门、分公司、控股子公司以及公司 能够对其实施重大影响的参股公司。 第四条 本制度所称"报告义务人 ...

湖南郴电国际发展股份有限公司 内幕信息知情人登记管理制度 第一章 总 则 第一条 为了进一步规范湖南郴电国际发展股份有限公司（以下简称 "公司"）的内幕信息登记管理行为，加强内幕信息保密工作，维护信 息披露的公平原则，保护广大投资者的合法权益，根据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司信息披露管理办法》 《上市公司监管指引第 5 号—上市公司内幕信息知情人登记管理制度》 《上海证券交易所股票上市规则》等相关法律、法规、规章、规范性文 件的规定，制定本制度。 第二条 公司内幕信息登记管理工作由董事会统一领导和管理。董事 会应当保证内幕信息知情人档案真实、准确和完整，董事长为主要责任 人，董事会秘书负责包括办理公司内幕信息知情人的登记入档事宜在内 的日常实施工作。公司在报送内幕信息知情人档案和重大事项进程备忘 录时应当出具书面承诺，保证所填报内幕信息知情人信息及内容的真实、 准确、完整，并应向全部内幕信息知情人通报有关法律法规对内幕信息 知情人的相关规定。董事长与董事会秘书应对内幕信息知情人档案的真 实、准确和完整签署书面确认意见。 公司董事会办公室是公司内幕信息知情人的日常办事机构，配合董 ...

湖南郴电国际发展股份有限公司（以下简称"公司"或"郴电国 际"）于2025年12月1日召开第七届董事会第九次会议审议通过了《关 于修订公司部分制度的议案》。 证券代码：600969 证券简称：郴电国际 公告编号：2025-062 湖南郴电国际发展股份有限公司 关于修订公司部分制度的公告 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。 1 为全面贯彻落实最新法律法规要求，确保公司治理与监管规定保 持同步，进一步规范公司运作机制，提升公司治理水平，根据《公司 法》等有关法律法规、规章、规范性文件的最新规定，同时结合公司 实际情况，对《信息披露事务管理制度》等5个制度进行修订。具体 情况如下： | 序号 | 制度名称 | 变更方 式 | 是否需提交股东会审议 | | --- | --- | --- | --- | | | | | 否 | | 1 2 | 信息披露事务管理制度 内幕信息知情人登记管理制度 | | 否 | | 3 | 重大事项内部报告制度 | 修订 | 否 | | 4 | 年报信息披露重大差错责任追究制度 | | 否 | ...

证券代码：600969 证券简称：郴电国际 公告编号：2025-063 一、郴电恒源基本情况 湖南郴电国际发展股份有限公司 关于解散清算全资孙公司湖南郴电恒源市政工程有 限责任公司的公告 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。 为了进一步规范公司法人治理，优化资源配置，湖南郴电国际发 展股份有限公司（以下简称"公司"）于 2025 年 12 月 1 日召开第七 届董事会第九次会议，审议通过了《关于解散清算全资子公司之子公 司湖南郴电恒源市政工程有限责任公司的议案》，同意对湖南郴电恒 源市政工程有限责任公司（以下简称"郴电恒源"）进行解散清算。 现将具体情况公告如下： 公司名称：湖南郴电恒源市政工程有限责任公司 成立日期：2021 年 9 月 1 日 注册地点：中国（湖南）自由贸易试验区郴州片区白露塘镇林邑 大道与坪田路交汇处坪田标准厂房企业服务中心 901-B84 室 法定代表人：胡平 注册资本：4,500 万元 二、本次解散的原因 为了完成对供电供水设计、施工等三产业务的整合，经公司第七 届董事会第三次会议审议通过， ...

证券代码：600969 证券简称：郴电国际 公告编号：2025-061 湖南郴电国际发展股份有限公司 第七届董事会第九次会议决议公告 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。 ●本次董事会全部议案均获通过，无反对、弃权票。 一、董事会会议召开情况 湖南郴电国际发展股份有限公司（以下简称"公司"）第七届董 事会第九次会议通知于 2025 年 11 月 28 日以书面和通讯方式送达全 体董事，会议于 2025 年 12 月 1 日以通讯表决的方式召开，公司董事 长周帮洪先生主持本次会议，会议应出席董事 7 名，实际出席董事 7 名。本次会议的召集、召开和表决程序符合《公司法》和《公司章程》 的有关规定，会议合法有效。 二、董事会会议审议情况 （一）审议通过了《关于制定〈湖南郴电国际发展股份有限公司 独立董事专门会议制度〉的议案》； 表决结果：7 票同意、0 票弃权、0 票反对。 具体内容详见公司于同日在上海证券交易所网站（www.sse.com. cn）披露的内容。 （二）审议通过了《关于修订公司部分制度的议案》； 重要内容 ...

Core Insights - The electricity sector experienced a slight increase of 0.03% on the trading day, with Min Dong Power leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Min Dong Power (000993) closed at 12.67, up 3.68% with a trading volume of 442,700 shares and a transaction value of 556 million [1] - Other notable gainers included ST Lingda (300125) with a 3.43% increase, and Zhongmin Energy (600163) with a 3.04% increase [1] - Conversely, Tianfu Energy (600509) saw a decline of 3.78%, and Shanghai Electric (600021) fell by 3.56% [2] Capital Flow - The electricity sector saw a net outflow of 757 million from institutional investors, while retail investors contributed a net inflow of 842 million [2] - The capital flow data indicates that retail investors were more active in the market compared to institutional investors [2] Individual Stock Capital Flow - Huadian New Energy (600930) had a net inflow of 193 million from institutional investors, while it experienced a net outflow of 12 million from speculative funds [3] - Jiangsu Guoxin (002608) reported a net inflow of 13 million from institutional investors, but a net outflow of 4 million from speculative funds [3] - Overall, the data suggests a mixed sentiment among different types of investors within the electricity sector [3]

Core Viewpoint - As of December 2, 2025, Chendian International (600969) closed at 9.13 yuan, marking a 2.47% increase, with a turnover rate of 4.24% and a trading volume of 156,900 hands, resulting in a transaction amount of 143 million yuan [1] Financial Performance - For the first three quarters of 2025, the company's main revenue was 3.079 billion yuan, a year-on-year decrease of 7.16% [1] - The net profit attributable to shareholders was 80.97 million yuan, a year-on-year increase of 33.93% [1] - The non-recurring net profit was 59.81 million yuan, a year-on-year increase of 303.85% [1] - In Q3 2025, the company's quarterly main revenue was 1.122 billion yuan, a year-on-year decrease of 18.92% [1] - The quarterly net profit attributable to shareholders was 55.05 million yuan, a year-on-year increase of 36.09% [1] - The quarterly non-recurring net profit was 55.31 million yuan, a year-on-year increase of 87.33% [1] Financial Ratios and Market Position - Chendian International's total market value is 3.379 billion yuan, ranking 81st in the industry [1] - The company's net assets are 3.995 billion yuan, ranking 64th in the industry [1] - The net profit is 80.97 million yuan, ranking 71st in the industry [1] - The price-to-earnings ratio (P/E) is 31.3, ranking 61st in the industry [1] - The price-to-book ratio (P/B) is 0.93, ranking 11th in the industry [1] - The gross profit margin is 9.29%, ranking 78th in the industry [1] - The net profit margin is 3.6%, ranking 72nd in the industry [1] - The return on equity (ROE) is 2.25%, ranking 71st in the industry [1] Capital Flow - On December 2, 2025, the net inflow of main funds was 12.8 million yuan, accounting for 8.95% of the total transaction amount [1] - The net inflow of speculative funds was 5.76 million yuan, accounting for 4.03% of the total transaction amount [1] - The net outflow of retail funds was 18.56 million yuan, accounting for 12.97% of the total transaction amount [1]

Core Insights - The report highlights the growth and challenges in China's hydropower industry, with a significant increase in hydropower generation in September 2025 compared to the previous year, indicating a year-on-year growth of 31.9% [1] - Cumulative hydropower generation from January to September 2025 shows a slight decline of 1.1% compared to the same period in the previous year, suggesting potential fluctuations in the market [1] Company Overview - Listed companies in the hydropower sector include: Changjiang Electric Power (600900), Huaneng Hydropower (600025), Guotou Power (600886), Chuan Investment Energy (600674), Guiguan Electric Power (600236), Qianyuan Electric Power (002039), Hubei Energy (000883), Mindong Electric Power (000993), Leshan Electric Power (600644), and Chenzhou International (600969) [1] Market Analysis - According to the National Bureau of Statistics, the hydropower generation in China reached 158.9 billion kilowatt-hours in September 2025, reflecting a robust performance in the sector [1] - The cumulative hydropower output for the first nine months of 2025 was 997.05 billion kilowatt-hours, indicating a need for further analysis on the factors contributing to the decline in cumulative output [1]

Core Viewpoint - The stock of Chendian International (600969) has shown a decline in price and mixed capital flow, with significant net outflows from major funds, while retail investors have shown some interest in buying [1][2]. Group 1: Stock Performance - As of November 28, 2025, Chendian International's stock closed at 8.71 yuan, down 0.68%, with a turnover rate of 2.0% and a trading volume of 74,200 hands, resulting in a transaction amount of 64.82 million yuan [1]. - On the same day, the net outflow of major funds was 14.54 million yuan, accounting for 22.44% of the total transaction amount, while retail investors had a net inflow of 11.93 million yuan, representing 18.4% of the total [1]. Group 2: Financial Metrics - Chendian International's total market value is 3.223 billion yuan, with a net asset value of 3.995 billion yuan and a net profit of 80.97 million yuan, ranking 81st, 64th, and 71st respectively in the power industry [2]. - The company's price-to-earnings ratio (P/E) is 29.86, while the industry average is -9.78, placing it 60th in the industry [2]. - The gross margin is 9.29%, significantly lower than the industry average of 30.48%, ranking 78th in the industry [2]. - The net profit margin stands at 3.6%, compared to the industry average of 19.57%, ranking 72nd [2]. - Return on equity (ROE) is 2.25%, while the industry average is 6.34%, ranking 71st [2]. Group 3: Recent Financial Results - For the first three quarters of 2025, Chendian International reported a main business revenue of 3.079 billion yuan, a year-on-year decrease of 7.16%, while the net profit attributable to shareholders was 80.97 million yuan, an increase of 33.93% [2]. - In Q3 2025, the company recorded a single-quarter main business revenue of 1.122 billion yuan, down 18.92% year-on-year, but the net profit attributable to shareholders rose to 55.05 million yuan, up 36.09% [2]. - The company’s debt ratio is 72.03%, with investment income of 49.69 million yuan and financial expenses of 168 million yuan [2].

Core Viewpoint - The company, Hunan Chendian International Development Co., Ltd., is currently involved in a legal dispute concerning a contract with Huaxing Energy Group Co., Ltd., which may have financial implications depending on the court's final decision [3][4][6]. Group 1: Case Overview - The case is at the execution supervision stage, with the company as the respondent and its wholly-owned subsidiary, Handan Chendian Power Energy Co., Ltd., as the party being executed [2]. - The amount involved in the case is 16.3875 million RMB [3]. - The Hebei High People's Court has revoked previous execution rulings and sent the case back for re-examination, indicating that the facts were not clear [6]. Group 2: Legal Proceedings - Huaxing Energy Company filed for a review of the execution ruling made by the Intermediate People's Court of Handan, which was subsequently rejected [5]. - The recent ruling by the Hebei High People's Court suggests that the previous decisions lacked clarity and need further examination [6]. Group 3: Impact on the Company - The company is currently unable to assess the impact of this lawsuit on its current or future profits, as the case remains unresolved [3][7]. - The company will continue to disclose information regarding the case's progress to keep investors informed [7].