Group 1 - The gas sector experienced a rise of 1.78% on August 15, with 佛燃能源 leading the gains [1] - The Shanghai Composite Index closed at 3696.77, up 0.83%, while the Shenzhen Component Index closed at 11634.67, up 1.6% [1] - 佛燃能源's stock price increased by 10.02% to 13.40, with a trading volume of 622,300 shares and a transaction value of 779 million yuan [1] Group 2 - The gas sector saw a net inflow of 102 million yuan from main funds, while retail investors experienced a net outflow of 130 million yuan [2] - The stock of 新疆火炬 decreased by 3.01% to 22.25, with a trading volume of 198,700 shares [2] - The trading data indicates that main funds showed a preference for stocks like 深圳燃气 and 贵州燃气, with net inflows of 1.32 billion yuan and 18.54 million yuan respectively [3]

Group 1 - The core viewpoint of the news is that Shenzhen Gas (601139) has shown a slight increase in stock price and a notable inflow of main funds, indicating investor interest despite a decline in net profit [1] - As of August 14, 2025, Shenzhen Gas reported a stock price of 6.82 yuan, up 1.49%, with a trading volume of 564,200 hands and a transaction amount of 386 million yuan [1] - The company experienced a total revenue of 7.513 billion yuan in the first quarter of 2025, reflecting a year-on-year growth of 9.48%, while net profit decreased by 15.47% to 233 million yuan [1] Group 2 - Shenzhen Gas has a registered capital of approximately 2.877 billion yuan and a paid-in capital of about 2.292 billion yuan [1] - The company has made investments in 32 enterprises and participated in 5,000 bidding projects, showcasing its active engagement in the market [2] - Shenzhen Gas holds 92 trademark registrations and 593 patents, along with 1,807 administrative licenses, indicating a strong intellectual property portfolio [2]

证券之星消息，8月13日燃气板块较上一交易日上涨0.65%，佛燃能源领涨。当日上证指数报收于 3683.46，上涨0.48%。深证成指报收于11551.36，上涨1.76%。燃气板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002911 | 佛燃龍源 | 11.51 | 10.04% | 17.94万 | 1.98亿 | | 605169 | 洪通燃气 | 19.77 | 10.02% | 27.74万 | 5.26亿 | | 605090 | 九丰能源 | 30.60 | 3.90% | 19.32万 | 5.94亿 | | 601139 | 深圳燃气 | 6.72 | 1.51% | 1 22.69万 | 1.51亿 | | 600903 | 贵州燃气 | 7.09 | 0.57% | 17.05万 | 1.21亿 | | 600635 | 大众公用 | 4.12 | 0.49% | 31.06万 | 1.27亿 | | 831010 | 凯添燃气 | 13.43 | ...

证券代码：601139 证券简称：深圳燃气 公告编号：2025-033 债券代码：113067 债券简称：燃23转债 深圳燃气2025年度第二期科技创新债券发行结果公告 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。 深圳市燃气集团股份有限公司（以下简称"公司"）第五届董事会第二十二次会议（临时会议）审议通过 注册发行超短期融资券的议案，同意公司于董事会批准之日起24个月内，向中国银行间市场交易商协会 申请注册并在中国境内注册发行本金总额不超过150亿元人民币的超短期融资券，注册有效期为2年，并 在有效期内，根据市场情况、利率变化及公司自身资金需求在中国境内一次或分期、部分或全部发行， 每期发行期限不超过270天（含270天）。 ■ 本期科技创新债券发行的有关文件已在中国货币网（www.chinamoney.com.cn）和上海清算所网站 （www.shclearing.com）公告。 特此公告。 深圳市燃气集团股份有限公司董事会 2025年8月13日 公司于2025年2月25日完成150亿元人民币的超短期融资券注册，并在20 ...

Group 1 - The company Shenzhen Gas announced the completion of a registration for a super short-term financing bond amounting to 15 billion RMB on February 25, 2025 [2] - The company issued its second phase of technology innovation bonds for the year 2025 on August 11, 2025 [2]

Group 1 - The company has approved the issuance of super short-term financing bonds with a total principal amount not exceeding 15 billion RMB within 24 months [1] - The company completed the registration of 15 billion RMB of super short-term financing bonds on February 25, 2025, and issued the second phase of technology innovation bonds on August 11, 2025 [1] - The issued technology innovation bonds have a face value of 100 RMB, a coupon rate of 1.52%, and a maturity date of December 12, 2025 [1] Group 2 - The main underwriter for the bond issuance is Industrial Bank Co., Ltd., with Huaxia Bank Co., Ltd. as the co-underwriter [1] - The relevant documents for the bond issuance have been announced on the China Money website and the Shanghai Clearing House website [1]

| 证券代码：601139 | 证券简称：深圳燃气 | | 公告编号：2025-033 | | --- | --- | --- | --- | | 债券代码：113067 | 债券简称：燃 转债 | 23 | | 深圳燃气2025年度第二期科技创新债券发行结果公告 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。 深圳市燃气集团股份有限公司（以下简称"公司"）第五届董事会第二十二次会议 （临时会议）审议通过注册发行超短期融资券的议案，同意公司于董事会批准之日起24 个月内，向中国银行间市场交易商协会申请注册并在中国境内注册发行本金总额不超过 150亿元人民币的超短期融资券，注册有效期为2年，并在有效期内，根据市场情况、利 率变化及公司自身资金需求在中国境内一次或分期、部分或全部发行，每期发行期限不 超过270天（含270天）。 公司于2025年2月25日完成150亿元人民币的超短期融资券注册，并在2025年8月11 日完成发行2025年度第二期科技创新债券，发行结果如下： | 名称 | 深圳市燃气集团股份有限公司 | 简称 | ...

资金流向方面，今日主力资金净流出1297.64万元，占比成交额18.06%。其中，超大单净流出1022.40万 元、占成交额14.23%，大单净流出275.24万元、占成交额3.83%，中单净流出流入39.12万元、占成交额 0.54%，小单净流入1258.52万元、占成交额17.52%。 通过天眼查大数据分析，深圳市燃气集团股份有限公司共对外投资了32家企业，参与招投标项目5000 次，知识产权方面有商标信息92条，专利信息592条，此外企业还拥有行政许可1807个。 来源：金融界 深圳燃气最新一期业绩显示，截至2025一季报，公司营业总收入75.13亿元、同比增长9.48%，归属净利 润2.33亿元，同比减少15.47%，扣非净利润2.29亿元，同比减少15.02%，流动比率0.791、速动比率 0.730、资产负债率58.76%。 天眼查商业履历信息显示，深圳市燃气集团股份有限公司，成立于1996年，位于深圳市，是一家以从事 燃气生产和供应业为主的企业。企业注册资本287676.7544万人民币，实缴资本229204.622万人民币。公 司法定代表人为王文杰。 金融界消息 截至2025年8月12日收盘， ...

Investment Rating - The report maintains an "Overweight" rating for the gas industry [1] Core Viewpoints - The report anticipates a rise in US gas prices due to warmer temperatures in August, while domestic gas prices are expected to decline amid slow demand recovery and intensified competition between sea and land sources [5][10] - The report highlights the ongoing adjustments in pricing mechanisms and the potential for cost reductions in downstream gas companies, which may lead to improved profitability and valuation recovery [37][50] Price Tracking - As of August 8, 2025, US HH gas prices increased by 1.5% week-on-week, while European TTF prices decreased by 2.7%, and domestic LNG prices fell by 3.8% [5][10] - The average total supply of natural gas in the US decreased by 1.1% week-on-week to 1,119 billion cubic feet per day, while total demand fell by 6.5% to 1,025 billion cubic feet per day [14][27] Supply and Demand Analysis - The report notes that China's apparent natural gas consumption decreased by 0.2% year-on-year to 2,103 billion cubic feet in the first half of 2025, attributed to warmer winter conditions in 2024 affecting heating demand [27][28] - Domestic LNG import prices averaged 3,819 yuan per ton in June 2025, reflecting a 3.3% increase month-on-month but an 8% decrease year-on-year [27][31] Pricing Mechanism Progress - The report indicates that 64% of cities have implemented residential pricing adjustments, with an average increase of 0.21 yuan per cubic meter [37] - The new pricing mechanism for provincial natural gas pipeline transportation aims to reduce costs and enhance efficiency, with a permitted return rate lower than current provincial levels [50][51] Investment Recommendations - The report recommends focusing on companies that can benefit from cost reductions and pricing adjustments, such as Xin'ao Energy, China Resources Gas, and Kunlun Energy, among others [53] - It also suggests monitoring companies with quality long-term contracts and flexible scheduling capabilities, such as Jiufeng Energy and Xin'ao Shares [53]

Group 1 - The core viewpoint of the report indicates that China's gas production is projected to decline slightly in June 2025, with a year-on-year decrease of 0.2% to 143.3 billion cubic meters [1] - In the first half of 2025, China's cumulative gas production reached 850.81 billion cubic meters, reflecting a cumulative growth of 1.9% [1] Group 2 - The report is published by Zhiyan Consulting, a leading industry consulting firm in China, which has been deeply engaged in industry research for over a decade [2] - Zhiyan Consulting provides comprehensive industry research reports, business plans, feasibility studies, and customized services, focusing on delivering complete industry solutions to empower investment decisions [2]