Core Viewpoint - The company has updated its A-share restricted stock incentive plan, adjusting the number of incentive targets, the number of restricted stocks to be granted, and related expressions concerning the supervisory board to better implement the plan [40][59]. Summary by Sections 1. Adjustment Methods for Grant Price of Restricted Stocks - The adjustment methods for the grant price of restricted stocks include calculations based on capital reserve transfers, stock dividends, stock splits, rights issues, reverse stock splits, and cash dividends [1][2][3][4][5]. 2. Accounting Treatment of Restricted Stocks - The company will adjust the expected number of restricted stocks that can be released based on the latest information on the number of employees eligible for release and performance indicators, in accordance with accounting standards [6][10][11]. 3. Implementation Procedures of the Incentive Plan - The implementation of the restricted stock incentive plan requires approval from the board of directors and must be reviewed by the shareholders' meeting [14][15][16]. 4. Updates to the Incentive Plan - The number of initial grant targets has been reduced from 220 to 195, and the total number of restricted stocks to be granted has been adjusted from 41.8 million shares to 40.35 million shares, which is approximately 2.90% of the company's total share capital [46][52]. 5. Impact on Financial Performance - The incentive costs arising from the plan will be recorded in regular profits and losses, with an estimated share payment cost of 3.20 yuan per share based on the closing price on the day before the announcement [11][55]. 6. Legal and Financial Opinions - Legal and independent financial advisors have concluded that the updated incentive plan complies with relevant laws and regulations and will not adversely affect the company's financial status or operating results [61][62].

Core Viewpoint - Green Power Environmental (01330) reported a slight increase in revenue and a significant rise in net profit for the first three quarters of 2025, indicating a positive financial performance despite modest revenue growth [1] Financial Performance - Revenue for the first three quarters of 2025 reached 2.582 billion RMB, reflecting a year-on-year growth of 1.49% [1] - Net profit attributable to shareholders was 626 million RMB, showing a year-on-year increase of 24.39% [1] - Basic earnings per share stood at 0.45 RMB [1]

Core Insights - The company reported a revenue of 2.58 billion yuan for the first three quarters, representing a year-on-year increase of 1.5% [1] - The net profit attributable to shareholders reached 626 million yuan, showing a significant year-on-year growth of 24.4% [1] - Basic earnings per share stood at 0.45 yuan [1] Operational Performance - In the third quarter of 2025, the total waste processed by the company's subsidiaries amounted to 3.7676 million tons, with electricity generation reaching 1,327.5431 million kWh [1] - The total electricity sold to the grid was 1,092.9822 million kWh, and steam supply was 272,600 tons [1] - For the first three quarters of 2025, the cumulative waste processed was 10.9219 million tons, reflecting a year-on-year growth of 2.0% [1] - Cumulative electricity generation for the same period was 38,667.228 million kWh, with a year-on-year increase of 1.17% [1] - The cumulative electricity sold to the grid was 32,062.897 million kWh, showing a year-on-year growth of 1.46% [1] - Cumulative steam supply reached 788,100 tons, marking a substantial year-on-year increase of 111.91% [1]

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 對 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） 海外監管公告 本公告乃由綠色動力環保集團股份有限公司（「本公司」）根據香港聯合交易所 有限公司證券上市規則第13.10B條 作 出。 以下為本公司於上海證券交易所網站刊發之《關 於 為 子 公 司 提 供 擔 保 的 公 告》， 僅 供 參 閱。 承董事會命 綠色動力環保集團股份有限公司 董事長 成蘇寧 中 國，深 圳 二零二五年十月二十八日 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 | 670,179.37 | | 子公司对外 ...

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 對 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） 海外監管公告 本公告乃由綠色動力環保集團股份有限公司（「本公司」）根據香港聯合交易所 有限公司證券上市規則第13.10B條 作 出。 以下為本公司於上海證券交易所網站刊發之《第 五 屆 董 事 會 第 十 六 次 會 議 決 議 公 告》，僅 供 參 閱。 承董事會命 綠色動力環保集團股份有限公司 董事長 成蘇寧 表决情况：9 票赞成，0 票弃权，0 票反对。 本议案已经公司第五届董事会审计与风险管理委员会 2025 年第四次会议审 议通过。 中 國，深 圳 二零二五年十月二十八日 於 本 公 告 日 期，執 ...

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有關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） 更 新A股限制性股票激勵計劃 更 新A股限制性股票激勵計劃 綠色動力環保集團股份有限公司（「公 司」或「本公司」）於2024年12月20日，董 事 會審議及通過（其 中 包 括）建 議 採 納 限 制 性 股 票 激 勵 計 劃 及 其 相 關 事 宜。 鑒 於 個 別 激 勵 對 象 已 離 職，以 及 公 司 已 修 訂 公 司 章 程，取 消 監 事 會，為 了 更 好地實施公司A股限制性股票激勵計劃（「本限制性股票激勵計劃」），公 司 擬 調 整 本 激 勵 計 劃 激 勵 對 象 人 數、限 制 性 ...

不向下修正綠動轉債轉股價格 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 對 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） 關於不向下修正綠動轉債轉股價格的公告 茲提述綠色動力環保集團股份有限公司（以 下 簡 稱「公 司」）日期為2021年7月23 日 的 公 告、公 司 日 期 為2021年8月6日 的 通 函、公 司 日 期 為2021年8月24日的臨時 股 東 大 會 投 票 表 決 結 果 公 告、公 司 日 期 為2022年2月22日 的 公 告，內 容 有 關 公 開 發 行A股可轉換公司債券和公司日期為2025年10月21日 的 公 告，內 容 有 關 預 計 滿 足 轉 股 價 格 修 ...

Financial Performance - For the third quarter of 2025, the company reported operating revenue of CNY 897,947,390.13, representing a year-on-year increase of 1.64%[7] - The total profit for the same period was CNY 301,376,528.50, reflecting a significant increase of 16.60% compared to the previous year[7] - Net profit attributable to shareholders reached CNY 249,244,399.42, marking a 24.24% increase year-on-year[7] - Basic earnings per share for the quarter were CNY 0.18, up 28.57% year-on-year[7] - Total revenue for the first three quarters of 2025 reached CNY 2,581,821,272.73, a slight increase from CNY 2,543,962,357.96 in the same period of 2024[29] - Operating profit for the first three quarters of 2025 was CNY 797,224,012.94, compared to CNY 648,158,421.93 in 2024, reflecting a growth of approximately 23.05%[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2025 was CNY 626,476,719.98, up from CNY 503,638,784.18 in 2024, indicating a year-over-year increase of about 24.5%[32] - The company reported a net profit of CNY 648,050,724.45 for the first three quarters of 2025, compared to CNY 533,018,881.32 in 2024, showing a growth of around 21.5%[34] - The total comprehensive income for the first three quarters of 2025 was CNY 797,704,665.76, up from CNY 649,523,506.83 in 2024, indicating an increase of approximately 22.9%[34] - Total comprehensive income for the first three quarters of 2025 reached CNY 648,050,724.45, a 21.6% increase from CNY 533,018,881.32 in the same period of 2024[37] Cash Flow - The net cash flow from operating activities was CNY 690,973,459.83, which is a 35.12% increase compared to the same period last year[12] - Net cash flow from operating activities for the first three quarters of 2025 was CNY 1,323,217,522.86, up 25.4% from CNY 1,054,731,785.61 in 2024[41] - Cash inflow from operating activities totaled CNY 2,866,981,052.41, compared to CNY 2,582,988,602.32 in the previous year, marking an 11% increase[41] - Cash outflow for investment activities was CNY 210,023,987.83 in 2025, down from CNY 292,150,411.19 in 2024, indicating a reduction of 28.1%[44] - Cash inflow from investment activities totaled CNY 2,832,657.29, compared to CNY 12,921,679.46 in the previous year, reflecting a significant decrease[44] - The company received CNY 1,608,067,333.26 from financing activities, a decrease of 50.9% compared to CNY 3,275,503,155.28 in the previous year[47] - The company paid CNY 529,845,881.41 in dividends and interest, which is an increase from CNY 506,122,975.12 in 2024[47] - The net increase in cash and cash equivalents for the first three quarters of 2025 was approximately 415.82 million, compared to 31.98 million in the same period of 2024, indicating significant growth[50] - The cash and cash equivalents at the end of the third quarter of 2025 stood at approximately 1.28 billion, up from 1.06 billion at the end of the third quarter of 2024, reflecting a year-over-year increase of about 20.3%[50] - The initial cash and cash equivalents balance for the first three quarters of 2025 was approximately 867.81 million, compared to 1.03 billion in the same period of 2024, showing a decrease of about 15.9%[50] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 22,041,952,419.69, a slight increase of 0.24% from the previous year[7] - As of September 30, 2025, the total assets of the company amounted to RMB 22,041,952,419.69, compared to RMB 21,988,772,935.44 as of December 31, 2024, reflecting a slight increase[23] - Total liabilities as of September 30, 2025, amounted to CNY 13,187,069,026.16, a decrease from CNY 13,459,982,502.46 at the end of 2024[26] - Current liabilities totaled CNY 2,104,495,310.81 as of September 30, 2025, down from CNY 2,658,377,775.47 at the end of 2024, representing a reduction of approximately 20.8%[26] - Long-term borrowings increased to CNY 7,773,800,444.74 as of September 30, 2025, compared to CNY 7,528,412,016.81 at the end of 2024, reflecting an increase of about 3.26%[26] - The total equity attributable to shareholders of the parent company rose to CNY 8,414,108,898.22 as of September 30, 2025, compared to CNY 8,052,817,092.46 at the end of 2024, marking an increase of approximately 4.49%[26] - The company reported a total of RMB 4,716,432,443.35 in current assets as of September 30, 2025, compared to RMB 4,123,624,060.69 at the end of 2024[23] - The company’s long-term assets totaled RMB 17,325,519,976.34 as of September 30, 2025, down from RMB 17,865,148,874.75 at the end of 2024[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,112, indicating a stable shareholder base[13] - The top shareholder, Beijing State-owned Assets Management Co., Ltd., holds 32.63% of the shares, reflecting strong institutional support[14] - The company completed a free transfer of 139,345,273 shares, representing 10.00% of the total share capital, from Beijing State-owned Assets Management Company to its wholly-owned subsidiary[18] - After the share transfer, Beijing State-owned Assets directly holds 32.63% of the company's shares, maintaining a combined holding of 44.42%[19] Convertible Bonds - The company’s convertible bonds, listed on March 23, 2022, have an adjusted conversion price of RMB 9.15 per share effective from July 30, 2025[20] - As of September 30, 2025, a total of RMB 136,000 of the convertible bonds have been converted into 14,021 shares, accounting for 0.0010% of the total shares issued prior to conversion[20] Operational Metrics - In Q3 2025, the total waste processed by the company's subsidiaries reached 3.7676 million tons, with a total electricity generation of 1,327,543.1 MWh, and a total steam supply of 27,260 tons[21] - For the first three quarters of 2025, the cumulative waste processed was 10.9219 million tons, representing a year-on-year growth of 2.00%[21] - The cumulative electricity generation for the same period was 386,672.28 MWh, with a year-on-year increase of 1.17%[21] Cost Management - The company has actively pursued cost reduction and efficiency improvement strategies, contributing to the increase in revenue and profit margins[12]

Core Insights - Green Power (601330.SH) reported a total operating revenue of 2.582 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 1.49% [1] - The net profit attributable to shareholders of the parent company reached 626 million yuan, showing a year-on-year growth of 24.39% [1] - The basic earnings per share stood at 0.45 yuan [1]

Group 1 - The core point of the article highlights that Green Power (SH 601330) announced a guarantee balance of approximately RMB 6.702 billion, all of which are guarantees provided to subsidiaries, representing 83.22% of the company's latest audited net assets attributable to shareholders [1] - The company reported that its revenue composition for the year 2024 will be 100% from environmental services [1] - As of the announcement, Green Power's market capitalization stands at RMB 10.2 billion [1] Group 2 - The article also notes that the A-share market has surpassed 4000 points, indicating a significant market resurgence after a decade of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]