Core Viewpoint - The company,节能风电, plans to issue A-shares to specific investors, aiming to raise up to 3.6 billion yuan for various wind power projects, with a maximum issuance of approximately 1.932 billion shares, representing 30% of the pre-issue total share capital [1] Group 1: Share Issuance Details - The board of directors approved the issuance of A-shares to no more than 35 specific investors, including the controlling shareholder, China Energy Conservation and Environmental Protection Group [1] - The issuance price will not be lower than 80% of the average trading price over the 20 trading days prior to the pricing date [1] - The total funds raised will be allocated to several wind power projects, including 240 million yuan for the Gansu wind power project and 1.65 billion yuan for the Inner Mongolia green power supply project [1] Group 2: Financial Performance - For the year 2024, the company's revenue composition is heavily reliant on wind power generation, accounting for 99.65% of total revenue, with other businesses contributing only 0.35% [2] - The current market capitalization of the company is 20.4 billion yuan [2]

节能风电（601016）(601016.SH)发布公告，公司拟向特定对象发行股票，募集资金总额(含发行费用)不 超过36亿元，扣除发行费用后的募集资金净额拟用于投资：中节能察右前旗(兴和县)50万千瓦工业园区 绿色供电项目(察右前旗部分)等多个项目。 ...

节能风电公告，公司2025年度拟向特定对象发行A股股票募集资金总额（含发行费用）不超过36亿元， 扣除发行费用后的募集资金净额拟用于投资中节能察右前旗（兴和县）50万千瓦工业园区绿色供电项 目、中节能阿克塞县10万千瓦风电项目、中节能甘州平山湖百万千瓦风电基地10万千瓦风电6#风力发电 项目、中节能怀安10万千瓦项目、邢台市圣领南和区50MW风电项目、邢台市南和区圣领50MW风电项 目等项目。本次发行股票数量不超过19.32亿股（含本数），发行价格不低于定价基准日前20个交易日 公司股票交易均价的80%。 ...

Core Viewpoint - The stock of China Energy Wind Power has shown a positive trend with a 2.25% increase on November 5, 2023, reflecting investor interest despite a decline in revenue and net profit for the year [1][2]. Group 1: Stock Performance - As of November 5, 2023, the stock price reached 3.18 CNY per share, with a trading volume of 1.99 billion CNY and a market capitalization of 20.48 billion CNY [1]. - Year-to-date, the stock has increased by 3.89%, with a 0.95% rise over the last five trading days, 0.79% over the last twenty days, and 6.53% over the last sixty days [1]. Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 3.41 billion CNY, a year-on-year decrease of 10.50%, and a net profit attributable to shareholders of 750 million CNY, down 36.43% year-on-year [2]. - Cumulative cash dividends since the company's A-share listing amount to 3.18 billion CNY, with 1.84 billion CNY distributed over the last three years [3]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 3.93% to 189,000, while the average circulating shares per person increased by 3.51% to 31,402 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 76.73 million shares, an increase of 14.70 million shares from the previous period [3].

Core Viewpoint - The company, established in 2006 and listed in 2014, is a leading player in the domestic wind power sector, possessing unique project acquisition capabilities and advantages across the entire industry chain, indicating high investment value [1] Group 1: Business Performance - In Q3 2025, the company's revenue reached 3.41 billion yuan, ranking 6th in the industry, with the top competitor, Huadian New Energy, generating 29.479 billion yuan [2] - The net profit for the same period was 780 million yuan, also ranking 6th, while the industry leader reported a net profit of 8.37 billion yuan [2] - The company's revenue decreased by 11% year-on-year, and the net profit dropped by 36% year-on-year [5] Group 2: Financial Health - As of Q3 2025, the company's debt-to-asset ratio was 58.69%, slightly up from 58.43% year-on-year, and below the industry average of 60.48% [3] - The gross profit margin for Q3 2025 was 42.80%, which is comparable to the industry average of 42.94% but down from 51.82% in the previous year [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.93% to 189,000, while the average number of shares held per shareholder increased by 3.51% to 31,400 [5] - The second-largest shareholder is Hong Kong Central Clearing Limited, holding 76.7314 million shares, an increase of 14.6966 million shares from the previous period [5] Group 4: Management Compensation - The chairman, Jiang Likai, received a salary of 1.1965 million yuan in 2024, an increase of 678,700 yuan from 2023 [4] - The general manager, Yang Zhongxu, earned 608,300 yuan in 2024 [4] Group 5: Future Outlook - Analysts predict the company's net profit for 2025 to be 1.21 billion yuan, with a decline of 9.0%, followed by growth in 2026 and 2027 [6] - The company is expected to benefit from the new round of renewable energy development goals and the potential recovery of wind power asset returns [6]

Core Insights - The company reported a revenue of 3.41 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 10.50% [1] - The net profit attributable to shareholders was 750 million yuan, down 36.45% year-on-year [1] - The net profit excluding non-recurring items was 723 million yuan, reflecting a year-on-year decrease of 37.34% [1] - The basic earnings per share stood at 0.116 yuan [1]

Core Insights - The company, China Energy Wind Power Co., Ltd. (referred to as "节能风电"), reported a decline in revenue and net profit for the first three quarters of 2025, with revenue at 3.41 billion yuan, down 10.5% year-on-year, and net profit at 750 million yuan, down 36.45% year-on-year [1] Financial Performance - Revenue for the first three quarters of 2025 was 3.41 billion yuan, reflecting a year-on-year decrease of 10.5% [1] - Net profit attributable to shareholders was 750 million yuan, showing a year-on-year decline of 36.45% [1] Operational Capacity - As of September 30, 2025, the company had a cumulative installed capacity of 6.26216 million kilowatts and an equity installed capacity of 6.02786 million kilowatts [1] - The operational installed capacity stood at 6.14216 million kilowatts [1] Project Development - The company has been actively expanding its project development pathways and increasing its wind power resource reserves [1] - By the end of the third quarter, the company added new registered and construction indicator project capacity of 1.23375 million kilowatts (including independent energy storage), which accounts for approximately 20.09% of the operational installed capacity as of the third quarter of 2025 [1]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the third quarter, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved a revenue of 966 million yuan in the third quarter, representing a year-on-year decrease of 17.25% [1] - The net profit attributable to shareholders was 120 million yuan, down 60.95% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 115 million yuan, reflecting a year-on-year decline of 61.44% [1] - The basic earnings per share were reported at 0.018 yuan [1]

Core Viewpoint - The company reported a significant decline in both revenue and net profit for the third quarter and the first three quarters of 2025, attributed to lower average electricity prices and increased wind power curtailment losses in certain regions [1] Financial Performance - Q3 2025 revenue was 966 million yuan, a year-on-year decrease of 17.25% (adjusted) [1] - Q3 2025 net profit was 120 million yuan, a year-on-year decrease of 60.95% (adjusted) [1] - Revenue for the first three quarters of 2025 was 3.41 billion yuan, a year-on-year decrease of 10.50% (adjusted) [1] - Net profit for the first three quarters of 2025 was 750 million yuan, a year-on-year decrease of 36.45% (adjusted) [1] Market Conditions - The decline in financial performance is linked to a decrease in average electricity prices and an increase in wind power curtailment losses in specific regions [1]

| 证券代码：601016 | 证券简称：节能风电 | | | 公告编号：2025-076 | | --- | --- | --- | --- | --- | | 转债代码：113051 | 转债简称：节能转债 | | | | | 债券代码：137801 | 债券简称：GC 风电01 | | | | | 债券代码：115102 | 债券简称：GC 风电 | | K1 | | | 债券代码：242007 | 债券简称：风电 | WK01 | | | | 债券代码：242008 | 债券简称：风电 | WK02 | | | | 债券代码：242932 | 债券简称：25 风电 | | K2 | | 中节能风力发电股份有限公司 第六届董事会第三次会议决议公告 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。 一、董事会会议召开情况 中节能风力发电股份有限公司（以下简称"公司"）第六届董事 会第三次会议于 2025 年 10 月 17 日以电子邮件的形式向全体董事送 达了会议通知及材料，于 2025 年 10 月 28 日以通讯表决方 ...