| 601139 | 深圳燃 | 0.92 | 0.30 | 6.57 | 6.61 | 0.63 | | --- | --- | --- | --- | --- | --- | --- | | | 气 | | | | | | | 002813 | 路畅科 | 1.36 | 2.69 | 24.37 | 24.52 | 0.63 | | | 技 | | | | | | | 000966 | 长源电 | 0.66 | 0.71 | 4.58 | 4.60 | 0.45 | | | 力 | | | | | | | 601158 | 重庆水 | 0.43 | 0.12 | 4.70 | 4.72 | 0.35 | | | 务 | | | | | | | 000875 | 吉电股 | 1.35 | 0.84 | 5.24 | 5.25 | 0.25 | | | 份 | | | | | | | 002032 | 苏泊尔 | 0.21 | 0.08 | 51.32 | 51.39 | 0.14 | | 002157 | 正邦科 | 0.70 | 0.38 | 2.87 | 2.87 | 0.12 | | | 技 | | ...

Market Overview - The Shanghai Composite Index is at 3636.69 points, slightly down by 0.08%, with a total trading volume of 802.9 billion yuan [1] - 21 A-shares have surpassed their annual line today, with notable stocks showing significant deviation rates [1] Stocks with Significant Deviation Rates - *ST Yitong has a deviation rate of 2.59%, with a price increase of 4.74% and a turnover rate of 2.93% [1] - Landun Optoelectronics shows a deviation rate of 1.97%, with a price increase of 6.14% and a turnover rate of 10.07% [1] - Guodian Power has a deviation rate of 1.53%, with a price increase of 1.52% and a turnover rate of 0.48% [1] Stocks with Smaller Deviation Rates - Pumen Technology and Jinlang Technology have just crossed the annual line with minor deviation rates of 0.06% and 0.13% respectively [2] - Longi Green Energy has a deviation rate of 0.20%, with a price increase of 0.25% [2]

证券之星消息，8月4日，深圳燃气（601139）融资买入486.18万元，融资偿还358.65万元，融资净买入 127.53万元，融资余额2.01亿元，近3个交易日已连续净买入累计711.67万元。 小知识 | 交易日 | 两融余额(元) | 余额变动(元) | 变动幅度 | | --- | --- | --- | --- | | 2025-08-04 | 2.03亿 | 118.81万 | 0.59% | | 2025-08-01 | 2.02亿 | 98.97万 | 0.49% | | 2025-07-31 | 2.01亿 | 486.12万 | 2.48% | | 2025-07-30 | 1.96亿 | -118.22万 | -0.60% | | 2025-07-29 | 1.97亿 | 242.17万 | 1.24% | | 交易日 | 融资净买入(元) | 融资余额(元) | 占流通市值比 | | --- | --- | --- | --- | | 2025-08-04 | 127.53万 | 2.01亿 | 1.08% | | 2025-08-01 | 92.74万 | 1.99亿 | 1.07 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the power and gas sectors, including China Power, Huaneng International, and Kunlun Energy, among others [49][51]. Core Insights - The adjustment of capacity prices for coal and gas power plants in Guangdong is expected to improve profitability for gas power plants significantly, with capacity prices increasing by 65% to 296% depending on the type of gas plant [4][10]. - The rapid development of renewable energy installations in Guangdong has increased the reliance on coal power for flexible peak regulation, with renewable energy capacity reaching 59.13 million kW by the end of 2024, accounting for 26.6% of the total installed capacity [9][10]. - The report highlights the geopolitical factors affecting natural gas prices, with European gas prices experiencing a slight increase due to renewed geopolitical tensions, while U.S. gas prices remain stable [13][20]. Summary by Sections 1. Power Sector - Guangdong has raised the capacity price for coal power plants to 165 RMB per kW per year starting January 1, 2026, and for gas power plants, prices will range from 165 to 396 RMB per kW per year starting August 1, 2025 [8][10]. - The increase in capacity prices is expected to provide annual revenue boosts of 1.72 billion RMB for Guangdong Power A and 350 million RMB for Guangzhou Development [11]. 2. Gas Sector - As of August 1, 2025, the Henry Hub spot price is $3.00/mmBtu, while the TTF spot price in Europe is €32.95/MWh, reflecting a week-on-week increase of 2.74% [13][14]. - The report notes that the domestic LNG price is 4388 RMB per ton, showing a week-on-week decrease of 1.06% [32]. 3. Market Review - The gas sector outperformed the Shanghai and Shenzhen 300 index, while the public utility, power, and environmental sectors lagged behind [39]. 4. Company and Industry Dynamics - The National Energy Administration has released guidelines to enhance the management of natural gas pipeline transportation prices, promoting transparency and optimizing resource allocation [37]. - The report discusses the performance of key companies, including Huaneng International and Inner Mongolia Huadian, with varying revenue and profit trends [44].

Core Insights - The overall performance of Shenzhen state-owned enterprises' new media accounts has significantly declined in June compared to May, with a notable decrease in both article and reading volume across most accounts [4][22][27] - The "Shenzhen State-owned Enterprises New Media Information Release Observation List" evaluates the performance of 54 accounts, including 31 primary accounts and 23 listed companies, focusing on reading volume as a key indicator of influence [3][22] Group 1: Article Performance - The top three accounts by article count are Shenzhen Bus Group (72 articles), Shenzhen Energy (62 articles), and Shenzhen Metro (60 articles), while the lowest are Special Zone Construction Group (2 articles) and Shenzhen Duty-Free (0 articles) [5][22] - Shenzhen Energy is the only account among the top three to show an increase in article count, while Shenzhen Bus Group's article count decreased by 25% [4][5] - The overall article count for many accounts has seen a significant drop, with some accounts like Special Development Group and Shenzhen Urban Public Safety Technology Research Institute experiencing a reduction of 37, 22, and 21 articles respectively [4][5] Group 2: Reading Volume - The top three accounts by reading volume are Shenzhen Metro (414,000+), Shenzhen Eastern Bus (191,000+), and Guoxin Securities (92,756), with Shenzhen Metro's article achieving over 100,000 reads [6][7] - Reading volume has decreased across the board, with notable declines for accounts like Shenzhen Gas and Shenzhen Port Group [7][24] Group 3: Engagement Metrics - In terms of likes, Shenzhen Metro (3,570), Shenzhen Bus Group (3,254), and Shenzhen Gas (2,680) lead the rankings, showing significant growth compared to May [8][9] - The recommendation volume is highest for Shenzhen Bus Group (2,433), followed by Shenzhen Metro (974) and the First Talent (387), while several accounts have very low recommendation counts [10][11] Group 4: Content Strategy Analysis - The Shenzhen Bus Group's content strategy focuses on balanced and diverse content, effectively engaging users and enhancing brand communication [12][14][18] - The First Talent account published 44 articles in June, primarily focusing on talent services and recruitment, but may need to diversify its content to better serve a broader audience [19][21] Group 5: Listed Companies Performance - The article count for Shenzhen listed companies has also seen a significant decline, with top performers like Shenzhen Special Force and Special Development Information experiencing substantial drops in article output [22][23] - Reading volume for listed companies has decreased, with Shenzhen Airlines, China Ping An, and Hai Neng Da leading in total reads but still showing declines compared to the previous month [24][26]

| 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 688766 | 普冉股 | 7.79 | 5.03 | 64.60 | 68.94 | 6.72 | | | 份 | | | | | | | 300679 | 电连技 术 | 8.00 | 4.36 | 47.49 | 50.50 | 6.34 | | 300045 | 华力创 | 6.25 | 8.30 | 20.24 | 21.25 | 4.99 | | | 通 | | | | | | | 600238 | *ST椰岛 | 4.93 | 3.25 | 7.03 | 7.23 | 2.85 | | 300761 | 立华股 | 2.54 | 0.92 | 19.35 | 19.79 | 2.29 | | | 份 | | | | | | | 000703 | 恒逸石 化 | 2.13 | 0.30 | 6.09 | 6.22 | 2.09 | | ...

Investment Rating - The report maintains a "Positive" outlook on the public utilities and environmental sectors, particularly in electricity and natural gas [1]. Core Insights - The report highlights a recovery in electricity consumption in June, driven by the tertiary sector and residential usage, with a total electricity consumption of 8,670 billion kWh, representing a year-on-year growth of 5.4% [15][17]. - Natural gas consumption showed a slight increase in June, with a total apparent consumption of 35.05 billion m³, up 1.4% year-on-year, indicating a recovery in industry sentiment [21][48]. - The report emphasizes the ongoing optimization of energy structure in China, with significant contributions from renewable energy sources, particularly solar and nuclear power [2][8]. Summary by Sections 1. Electricity: June Consumption Growth Accelerates - In June, the industrial electricity generation reached 7,963 billion kWh, a year-on-year increase of 1.7% [7][9]. - The breakdown of electricity generation types shows a decline in hydropower by 4.0%, while nuclear power grew by 10.3%, and solar power surged by 18.3% [9][15]. - The report notes that the second industry contributed significantly to the electricity increment, accounting for 38% of the total increase [16][17]. 2. Natural Gas: Global Price Decline and June Consumption Growth - The report states that the apparent consumption of natural gas in June was 35.05 billion m³, marking a 1.4% increase year-on-year [21][48]. - The average price of LNG in Northeast Asia decreased to $11.90/mmBtu, reflecting a broader trend of declining global gas prices [22][41]. - The report anticipates that the long-term outlook for natural gas will improve due to rising LNG export capacities from the US and the Middle East [48]. 3. Weekly Market Review - The public utilities and environmental sectors underperformed compared to the CSI 300 index, while the electrical equipment sector outperformed [50]. 4. Company and Industry Dynamics - The report mentions the increase in installed capacity for solar and wind energy, with solar capacity growing by 54.2% year-on-year [53]. - It highlights the ongoing construction of large seawater desalination projects in coastal provinces to support high water-consuming industries [53]. 5. Key Company Valuation Table - The report includes a valuation table for key companies in the public utilities and environmental sectors, indicating potential investment opportunities [60].

Core Viewpoint - Shenzhen Gas Group Co., Ltd. announced the interest payment details for its convertible bonds "燃23转债" which will commence on July 28, 2025, following the established schedule and terms outlined in the bond issuance documentation [2][4]. Summary by Sections Convertible Bond Issuance Overview - The company issued 30 million convertible bonds on July 27, 2023, with a total value of 300 million RMB, each with a face value of 100 RMB, and a maturity period of six years [2][3]. - The coupon rates are structured to increase annually: 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.20% for the fourth year, 1.80% for the fifth year, and 2.00% for the sixth year [2][3]. Interest Payment Plan - The bonds will pay interest annually, with the first interest payment covering the period from July 27, 2024, to July 26, 2025 [4]. - The interest calculation is based on the formula I = B × i, where I is the annual interest, B is the total face value of the bonds held, and i is the applicable coupon rate for that year [5][6]. Key Dates for Interest Payment - The bondholders' registration date for interest payment is July 25, 2025, with the ex-dividend date and interest payment date both set for July 28, 2025 [8]. Payment Method - The company has appointed China Securities Depository and Clearing Corporation Limited to handle the interest payment process, ensuring that funds are transferred to the designated accounts for distribution to bondholders [9]. Tax Implications for Investors - Individual investors are subject to a 20% tax on interest income, resulting in a net interest payment of 0.32 RMB per bond after tax [10]. - Resident enterprises are responsible for their own tax payments on interest income, while qualified foreign institutional investors are exempt from corporate income tax on interest income until December 31, 2025 [11].

Core Points - The announcement details the interest payment schedule for the "Ran 23 Convertible Bond" issued by Shenzhen Gas Group Co., Ltd. [1][2] - The bond was issued on July 27, 2023, with a total amount of 3 billion RMB, and a maturity period of six years [1][2] - The annual interest payment will be made once a year, with the first payment scheduled for July 28, 2025 [2][3] Summary by Sections Bond Issuance Overview - The company received approval from the China Securities Regulatory Commission to issue 30 million convertible bonds, each with a face value of 100 RMB, totaling 3 billion RMB [1][2] - The bonds are set to mature on July 26, 2029, with an annual interest rate specified in the offering document [1][2] Interest Payment Plan - The interest for the bonds will be calculated based on the formula: I = B × i, where I is the annual interest amount, B is the total face value held, and i is the annual interest rate [2] - Interest payments will be made within five trading days after the interest payment date [2] Key Dates - The bond interest payment record date is July 25, 2025, with the ex-dividend date and payment date both set for July 28, 2025 [3] Payment Method - The company has appointed China Securities Depository and Clearing Corporation Limited to handle the interest payments [4] - If the company fails to transfer the necessary funds on time, it will be responsible for subsequent payment arrangements [4] Taxation on Interest Income - Individual investors are subject to a 20% tax on interest income, resulting in a net payment of 0.32 RMB per bond after tax [5] - Resident enterprises are responsible for their own tax payments on bond interest, with the same net payment applicable [5] - Non-resident enterprises are exempt from corporate income tax on bond interest until November 7, 2025 [5] Contact Information - The issuer is Shenzhen Gas Group Co., Ltd., with contact details provided for further inquiries [6]

| 证券代码：601139 | 证券简称：深圳燃气 | 公告编号：2025-032 | | --- | --- | --- | | 转债代码：113067 | 转债简称：燃 转债 23 | | 深圳市燃气集团股份有限公司 关于"燃 23 转债"2025 年付息的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 深圳市燃气集团股份有限公司(以下简称"公司"或"本公司")于 2023 年 7 月 27 日向不特定对象发行的可转换公司债券（以下简称"可转债"）将于 2025 年 7 月 28 日开始支付自 2024 年 7 月 27 日至 2025 年 7 月 26 日期间的利息。根据公 司《向不特定对象发行可转换公司债券募集说明书》（以下简称"募集说明书"） 有关条款的规定，现将有关事项公告如下： 一、可转债发行上市概况 （一）经中国证券监督管理委员会《关于同意深圳市燃气集团股份有限公司 向不特定对象发行可转换公司债券注册的批复》（证监许可〔2023〕1354 号） 同意注册，公司于 2023 年 7 月 ...