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 就 因 本 公 告 全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 綠色動力環保集團股份有限公司 Dynagreen Environmental Protection Group Co., Ltd.* （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：1330） 董事會召開日期 綠色動力環保集團股份有限公司（「本公司」，連 同 其 附 屬 公 司「本集團」）董事會 （「董事會」）茲通告謹定於二零二五年四月二十五日（星 期 五）舉 行 董 事 會 會 議， 以考慮及通過本集團截至二零二五年三月三十一日止三個月的第一季度業績 及派發股息（如 有），以 及 處 理 任 何 其 他 事 項。 承董事會命 綠色動力環保集團股份有限公司 董事長 喬德衛 中 國，深 圳 二零二五年四月十一日 於 本 公 告 日 期，本 公 司 執 行 董 事 為 喬 德 衛 先 生 及 胡 聲 泳 ...

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。 绿色动力环保集团股份有限公司（以下简称"公司"）董事会于 2025 年 4 月 10 日收到公司非执行董事刘曙光先生提交的书面辞职申请。刘曙光先生因个 人原因，申请辞去公司董事职务。刘曙光先生已向公司董事会确认，其与公司董 事会无不同意见，亦无任何有关其辞任或其他事项需提请公司股东、债权人注意。 | | | 绿色动力环保集团股份有限公司 关于公司董事辞职的公告 绿色动力环保集团股份有限公司董事会 2025 年 4 月 11 日 根据《公司法》《公司章程》相关规定，刘曙光先生的辞职不会对董事会正 常运作产生不利影响，不会导致公司董事会人数低于法定最低人数，其辞职申请 自送达董事会之日起生效，刘曙光先生担任的董事会战略委员会委员职务同时终 止，将不在公司担任任何职务。公司将尽快完成新任董事提名与选举程序，以达 到《公司章程》规定的董事会组成人数。 特此公告。 ...

北京国资旗下环保上市公司绿色动力（601330）(601330.SH、01330.HK)将与创业板公司固高科技 （301510）(301510.SZ)展开合作。 4月7日晚间，绿色动力发布公告称，公司与固高科技签订战略合作协议。 在合作内容上，双方将就智能巡检机器人或无人机、智慧园区平台建设和碳减排等领域或方向，展开技 术探索与合作，推动实现垃圾焚烧行业机器人(无人机)智能巡检、智能安防、危险空间作业等方面智能 化升级。在固废领域，双方共同开展紧密合作，探讨固废处理新工艺。 同时，双方还将在环保领域项目孵化及其他业务上进行深度合作。 对于此次合作的目的，绿色动力表示，双方合作将有利于提升公司垃圾焚烧发电项目运营智能化水平， 有助于公司项目运营进一步提质增效。 绿色动力同时表示，双方合作将有利于提升公司垃圾焚烧发电项目运营智能化水平，有助于公司项目运 营进一步提质增效。 资料显示，固高科技自设立至今二十余年来，坚持专注于运动控制及智能制造的核心技术研发，形成了 运动控制、伺服驱动、多维感知、工业现场网络、工业软件等自主可控的技术体系，构建了"装备制造 核心技术平台"，为我国装备制造业提供数字化、网络化、智能化转 ...

绿色动力 20250407 绿色动力公司具备以下具体优势：首先，公司自由现金流显著改善，根据 2024 年年报，自由现金流相较于 2023 年翻了四倍左右，因此具备进一步提高分红比 例的能力。目前已将分红比例提高到 70%，未来仍有上升空间。其次，北京国 资委对公司的支持力度体现在通州项目划转、公司分红方案及股权激励考核目 标上。从当前情况到 2028 年的业绩增长复合增速锁定为 10%。此外，公司项目 主要集中在京津冀、长三角、珠三角等区域，其中京津冀区域能耗指标受限， 垃圾焚烧作为绿电，其价值变现潜力巨大，不论是数据中心合作还是其他下游 客户合作，都能体现其绿色能源价值和稀缺性。 摘要 Q&A 为什么在 2025 年再次推荐绿色动力公司？ 我们从 2022 年开始覆盖绿色动力公司，并持续推荐其投资价值。2024 年 8 月， 我们重点推荐了这家公司，并在 2025 年初邀请了公司的董事长进行交流。此次 再次重申推荐，主要基于垃圾焚烧全板块的角度以及公司阿尔法的角度。绿色 动力作为垃圾焚烧发电行业中的重要企业，具有显著的股东背景优势，北京国 资委对其支持力度较大，包括股权激励、分红提升和债务回收等方面。此外 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年3月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 綠色動力環保集團股份有限公司（備註） 呈交日期: 2025年4月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01330 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 404,359,792 | RMB | | 1 RMB | | 404,359,792 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 404,359,792 | RMB | | 1 RMB | | 404,359,792 | | 2. 股份分類 | 普通股 | 股份 ...

Core Viewpoint - The strategic cooperation agreement between Green Power and Gohigh Technology aims to enhance the application of technology in waste management, promoting modernization and the growth of emerging industries in line with national carbon reduction goals [1][2]. Group 1: Strategic Cooperation Details - The collaboration will focus on three main areas: technology research and development for industrial modernization, project incubation in the environmental sector, and deep business cooperation [2][3]. - In technology R&D, both companies will explore intelligent inspection robots, drones, smart park platform construction, and carbon reduction technologies to upgrade the waste incineration industry [1][2]. - The project incubation will utilize a "joint laboratory + industrial pilot platform" approach to accelerate the verification of new environmental technologies and shorten the industrialization cycle [2]. Group 2: Company Performance and Market Position - In 2024, Green Power reported an annual revenue of 3.399 billion yuan, a decrease of 14.08% year-on-year, primarily due to reduced PPP construction services [2]. - The waste treatment segment achieved revenue of 3.361 billion yuan, reflecting a year-on-year growth of 7.04% [2]. - As of December 31, 2024, the company operated 37 projects in the municipal waste incineration sector, with a waste processing capacity of 40,300 tons per day and an installed capacity of 857 MW, positioning it among the industry leaders [2]. Group 3: Technological Innovations and Collaborations - Green Power is actively pursuing technological innovation and expanding research cooperation channels, including partnerships with Alibaba Cloud for AI applications in waste incineration [3]. - Collaborations with institutions like China University of Mining and Technology focus on developing technologies for robot cleaning and confined space operations [3]. - The cooperation with Gohigh Technology is expected to enhance the operational intelligence of waste incineration projects, leading to improved efficiency [3].

一、 协议签订的基本情况 （一） 协议签署基本情况 绿色动力环保集团股份有限公司（以下简称"公司"或"甲方"）于2025 年4月3日在广东省东莞市与固高科技股份有限公司（以下简称"乙方"）签订 《战略合作协议》（以下简称"本协议"），以促进双方的共同发展和长远合 | 证券代码：601330 | 证券简称：绿色动力 公告编号：临 2025-015 | | --- | --- | | 转债代码：113054 | 转债简称：绿动转债 | 绿色动力环保集团股份有限公司 关于签订战略合作协议的公告 本公司董事会及全体董事除刘曙光外，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。 董事刘曙光因无法取得联系，对公告相关内容未出具意见。 重要内容提示： 整合双方优势资源，促进乙方技术装备应用到甲方厂区管理之中，有力推动产 业现代化，培育壮大新兴产业和未来产业。 （二） 合作内容 1、产业现代化有关技术研发合作 履约的风险与不确定性：本协议仅系双方经友好协商达成的初步意向，未经 公司董事会审议，针对本次合作的具体内容，将由双方进一步协商论证，以 及履行必要的决策和批 ...

Group 1 - The company Green Power is enhancing its performance and profitability through various measures, including a decrease in environmental protection fees due to centralized procurement and refined management [1] - Material costs are rising due to increased costs of obtaining industrial solid waste, while financial expenses are expected to continue decreasing due to long-term loan repayments and declining market interest rates [1] - The company anticipates receiving 372 million yuan in national subsidies in 2024, which is better than in 2023, with three new projects added to the national subsidy list [1] Group 2 - By the end of 2024, national subsidies are expected to account for 34% of revenue, while waste treatment fees will account for 55% [1] - The company's capital expenditure for 2024 is projected to be 500 million yuan, with future capital expenditures expected to continue decreasing [1] - The company has a dividend payout ratio of 71%, which will be determined based on operational performance in the future [1] Group 3 - The company is not planning to deliberately reduce its debt ratio and will continue to conduct debt replacement [1] - The growth in waste treatment and power generation in 2024 is attributed to the commissioning of new projects, expansion of waste sources, and refined management [1] - Measures to enhance capacity utilization include improving waste collection and transportation systems, expanding waste sources, and conducting collaborative disposal [1] Group 4 - The electricity price for competitive bidding projects is approximately between 0.55 yuan and 0.60 yuan per kWh [1] - The company plans to gradually implement the "polluter pays" principle for waste treatment fees in the Yongjia Phase I project [1] - The company is exploring the feasibility of a cooperation model between waste incineration power generation and IDC [1] Group 5 - The company intends to collaborate with state-owned enterprises to participate in the bidding for the Malaysia EPC project and will continue to seek acquisitions of quality projects [1] - There are currently no plans to lower the conversion price of bonds, with a focus on enhancing performance to stabilize dividend expectations [1]

Core Insights - Recent research by a well-known private equity firm, Ah Xing Investment, focused on a listed company, Green Power, highlighting various measures to enhance performance and profitability [1] Company Performance - Green Power has improved its performance through multiple strategies, including a decrease in environmental protection fees due to centralized procurement and refined management [1] - Material costs have risen due to increased costs of industrial solid waste acquisition [1] - Financial expenses are expected to continue declining due to long-term loan repayments and falling market interest rates [1] Financial Projections - The national subsidy repayment for 2024 is projected to be 372 million yuan, which is better than in 2023, with three new projects added to the national subsidy list [1] - By the end of 2024, national subsidies are expected to account for 34% of revenue, while waste treatment fees will account for 55% [1] - Capital expenditure for 2024 is set at 500 million yuan, with future capital expenditures expected to decrease [1] Debt and Dividend Policy - The company has a dividend payout ratio of 71%, with future dividends to be determined based on operational performance [1] - There are no plans to deliberately reduce the debt ratio, and the company will continue to engage in debt replacement [1] Operational Growth - The growth in waste treatment and power generation in 2024 is attributed to new project launches, successful waste expansion efforts, and refined management practices [1] - Measures to enhance capacity utilization include improving waste collection systems, expanding waste sources, and conducting collaborative disposal [1] Pricing and Market Strategy - The bidding price for competitive online projects is approximately 0.55 to 0.60 yuan per kWh [1] - Future adjustments to waste treatment fees are planned, gradually implementing the principle of producer responsibility [1] Business Expansion - The company is exploring the feasibility of collaboration between waste incineration power generation and IDC [1] - Plans to collaborate with state-owned enterprises for bidding on EPC projects in Malaysia are underway, alongside ongoing efforts to acquire quality projects [1] - There are currently no plans to lower the conversion price, with a focus on enhancing performance to stabilize dividend expectations [1]

Group 1 - Recently, Jinglin Asset conducted research on two listed companies: Yanhai Co. and Green Power [1][2] - Yanhai Co. focuses on producing lithium resources for electric vehicle batteries, supporting the development of the new energy vehicle sector [1] - Green Power has implemented various measures to enhance performance and profitability, including centralized procurement and refined management, leading to a decrease in environmental protection fees [2] Group 2 - Green Power anticipates a continued decline in financial expenses due to long-term loan repayments and falling market interest rates [2] - The company expects a national subsidy repayment of 372 million yuan in 2024, which is better than in 2023, with three new projects added to the subsidy list [2] - By the end of 2024, national subsidies are projected to account for 34% of revenue, while waste treatment fees will represent 55% [2] Group 3 - Green Power plans to reduce capital expenditures to 500 million yuan in 2024 and will continue to lower future capital expenditures [2] - The company maintains a dividend payout ratio of 71%, with future dividends to be determined based on operational performance [2] - Green Power is exploring collaboration with central enterprises for an EPC project bid in Malaysia and is actively seeking acquisitions of quality projects [2]