绿色动力环保集团股份有限公司 股东会议事规则 绿色动力环保集团股份有限公司 股东会议事规则 第一章 总则 第一条 为了维护绿色动力环保集团股份有限公司（以下简称"公司"）和股 东的合法权益，进一步明确公司股东会的职责权限，规范其组织、行为，保证股 东会依法行使职权，提高股东会的议事效率，根据《中华人民共和国公司法》（以 下简称"《公司法》"）、《上市公司章程指引》以及《上市公司股东会规则》等 法律、法规、规范性文件及《绿色动力环保集团股份有限公司章程》（以下简称 "公司章程"）、公司股票上市地的上市规则等有关规定，制定本议事规则。 第二条 本议事规则适用于公司股东会，对公司、股东、出席股东会的股东代 理人、公司董事以及列席股东会会议的其他有关人员均具有约束力。 第二章 股东会一般规定 1 绿色动力环保集团股份有限公司 股东会议事规则 第三条 股东会分为年度股东会和临时股东会。年度股东会每年召开一次，应 于上一个会计年度结束后的六个月内举行。 第四条 临时股东会不定期召开，有下列情形之一的，公司应当在事实发生之 日起两个月内召开临时股东会： （一）董事人数不足《公司法》规定人数或者公司章程所规定人数的三分之 二 ...

| 证券代码：601330 | 证券简称：绿色动力 | 公告编号：临 2025-051 | | --- | --- | --- | | 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 2025年第二次临时股东大会、2025 年第一次 A 股类别股东大 会及 2025 年第一次 H 股类别股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一) 股东大会召开的时间：2025 年 9 月 19 日 (二) 股东大会召开的地点：北京市朝阳区林萃路 2 号国家速滑馆东侧二层贵宾 室一 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 1、绿色动力环保集团股份有限公司（以下简称"公司"）2025 年第二次临时股 东大会 1、出席会议的 A 股股东和代理人数 462 | 2、出席会议的 | A | 股股东所持有表决权的股份总数（股） | 715,708,750 | | --- | --- | - ...

Investment Highlights - The report highlights significant acceleration in national subsidies recovery for the environmental sector in July-August 2025, with Everbright receiving 2.064 billion yuan, surpassing the 1.534 billion yuan received in the same period of 2024 [1][4] - The solid waste sector has shown improvements in return on equity (ROE) and cash flow, with a 1% increase in revenue and an 8% increase in net profit for the first half of 2025 [5][6] - The report recommends several companies for investment, including Hanlan Environment, Green Power, and Everbright Environment, among others [2] Solid Waste Sector Insights - The solid waste sector's performance in the first half of 2025 includes a 9% increase in operating cash flow, reaching 6.9 billion yuan, and a 24% increase in free cash flow compared to the first half of 2024 [5][6] - The average waste incineration companies saw a 1.8% increase in tonnage output and a 1.2% increase in grid-connected output in the first half of 2025 [5][6] - Companies are expanding their operations and improving efficiency, with notable increases in heating supply rates for several firms [5][6] Water Sector Analysis - The water sector is expected to experience a cash flow turnaround, with a projected increase in free cash flow for companies like Xingrong and Shouchuang starting in 2026 [6] - Price reforms in water services are anticipated to enhance growth and valuation, with recent price adjustments in cities like Guangzhou and Shenzhen [6] Sanitation Sector Developments - The penetration rate of electric sanitation vehicles is accelerating, with a 77.6% increase in sales of new energy sanitation vehicles in the first seven months of 2025 [7][8] - The report notes a significant rise in the number of automated sanitation projects, indicating a growing trend towards automation in the sector [7][8] Industry Tracking - The report tracks the performance of various sectors, including the increase in sales of sanitation vehicles and the profitability of biodiesel production, with a notable rise in the price of used cooking oil [8] - Lithium battery recycling is also highlighted, with improvements in profitability due to changes in pricing for lithium and cobalt [8]

Core Viewpoint - The recent notification from the National Development and Reform Commission and the National Energy Administration aims to improve the pricing mechanism for nearby consumption of renewable energy, which is expected to create new opportunities for green electricity direct connection projects starting from October 1, 2025 [1][2][3]. Group 1: Policy and Mechanism - The notification clarifies the economic responsibilities between nearby consumption projects and the public grid, allowing renewable energy projects to pay for supply reliability based on their needs [3][4]. - The new pricing mechanism is designed to enhance the willingness of the grid to provide stable supply services, facilitating the implementation of projects like waste incineration and green electricity direct connections [4][5]. Group 2: Project Requirements - Projects must have a clear interface, with power sources, loads, and storage connected as a whole to the public grid, ensuring safety and responsibility [3][4]. - Projects are required to have a self-consumption ratio of at least 60% of total available generation and 30% of total consumption, with new projects starting from 2030 needing a minimum of 35% [4][5]. Group 3: Economic Advantages - The economic feasibility of projects increases with higher load rates and smaller capacities connected to the public grid, as projects not connected to the grid are exempt from certain fees [4][5]. - For example, in Guangdong Province, the average market transaction price in 2025 is projected to be 0.3910 yuan per kWh, while the costs associated with grid connection and operation total 0.2721 yuan per kWh, leading to a total of 0.6631 yuan per kWh. Direct supply from waste incineration can offer a price advantage of 0.05 to 0.08 yuan per kWh compared to using grid electricity [5]. Group 4: Recommended Companies - The notification is expected to benefit companies involved in green electricity direct supply projects, with specific recommendations including Huanlan Environment, Yongxing Co., Conch Venture, Green Power Environmental Protection, Junxin Co., and Weiming Environmental Protection, while also suggesting attention to Wangneng Environment [5].

Group 1 - Companies listed for dividend distribution include Minghui International, Lens Technology, and Caike New Energy [1] - New IPO activities include Jinfang Pharmaceutical-B and Hesai-W, while Saint Martin International and Nanshun (Hong Kong) are scheduled for earnings announcements [2] - Companies such as Dongrui Pharmaceutical, Miniso, and Li Ning are set for dividend distribution, with Hong Kong Exchanges also participating [3] Group 2 - China New Town and Kalian International Hotel are among the companies scheduled for dividend distribution, while Tiande Real Estate and Asia Comm Hold are listed for ex-dividend [4] - Huatai Ruilin is noted for a capital increase with an ex-rights date [4]

Investment Rating - The report maintains a positive outlook on the power and gas sectors, recommending various companies within these industries for investment [5][14]. Core Insights - The report highlights the competitive results of the electricity pricing mechanism in Shandong, indicating that wind power is favored over solar power, with wind power pricing at 0.319 CNY/kWh and solar at 0.225 CNY/kWh [9][10]. - A new pricing mechanism for nearby consumption of renewable energy has been established, clarifying economic responsibilities and allowing renewable projects to pay for supply reliability [12][13]. - Global gas prices are showing mixed trends, with European and Asian prices rising while U.S. prices are declining, reflecting varying supply and demand dynamics [15][20]. Summary by Sections 1. Electricity: Shandong Pricing Mechanism and New Renewable Energy Policies - Shandong's first competitive pricing results show wind power projects with a total capacity of 3.5911 GW and a mechanism electricity price of 0.319 CNY/kWh, while solar projects have a capacity of 1.265 GW and a price of 0.225 CNY/kWh [9][11]. - The new pricing mechanism for nearby consumption aims to enhance the utilization of renewable energy and reduce the pressure on the power system [12][13]. 2. Gas: Global Price Variations - As of September 12, U.S. Henry Hub spot prices are at $2.94/mmBtu, down 3.61% week-on-week, while European TTF prices are at €32.00/MWh, up 1.27% [15][16]. - The report notes that U.S. gas production remains high despite a slight decline, while European prices are influenced by supply constraints and increased heating demand due to cooler temperatures [15][20]. 3. Weekly Market Review - The gas sector outperformed the Shanghai and Shenzhen 300 index, while the public utilities, power, and environmental sectors underperformed [36]. 4. Company and Industry Dynamics - Recent announcements include the implementation of market-oriented pricing reforms for renewable energy in Jiangxi province, effective from October 2025 [40]. - The report also discusses various company announcements, including operational updates and financial instruments [43]. 5. Key Company Valuation Tables - The report provides valuation metrics for key companies in the public utility sector, highlighting buy and hold recommendations for several firms based on their earnings and price-to-earnings ratios [45][46].

绿色动力环保集团股份有限公司 2025 年第二次临时股东大会及 2025 年第一次 A 股类别股东大会 会议资料 2025 年 9 月 19 日 绿色动力环保集团股份有限公司 2025 年第二次临时股东大会及 2025 年第一次 A 股类别股东大会会议资料 目录 | 2025 | 年第二次临时股东大会及 2025 年第一次 | | A | 股类别股东大会会议须知 | | 3 | | --- | --- | --- | --- | --- | --- | --- | | 2025 | 年第二次临时股东大会及 2025 年第一次 | | A | 股类别股东大会会议议程 | | 5 | | 议案一 | 关于 年中期利润分配方案的议案 | 2025 | | | | 7 | | 议案二 | 关于修订《公司章程》的议案 | | | | | 8 | | 议案二附件 | 《公司章程》修订对照表 | | | | | 9 | | 议案三 | 关于修订《股东会议事规则》的议案 | | | | | 24 | | 议案三附件 | 《股东会议事规则》修订对照表 | | | | | 25 | | 议案四 | 关于修订《董事会议事规则》的议 ...

Financial Performance - The company's operating revenue for the first half of the year reached CNY 1,683,873,882.60, a 1.41% increase compared to CNY 1,660,506,740.32 in the same period last year[17]. - Total profit for the reporting period was CNY 496,328,137.26, reflecting a 26.92% increase from CNY 391,058,983.14 year-on-year[17]. - Net profit attributable to shareholders was CNY 377,232,320.56, up 24.49% from CNY 303,026,018.30 in the previous year[17]. - The company reported a net cash flow from operating activities of CNY 632,244,063.03, which is a 16.36% increase compared to CNY 543,371,427.14 in the same period last year[17]. - Basic earnings per share increased to CNY 0.27, a rise of 22.73% from CNY 0.22 in the previous year[18]. - The gross profit increased by 12.54% to RMB 834,018,884.22, with a gross margin of 49.53%, up from 44.63% in the previous year, attributed to cost reduction and efficiency improvements[56]. - The total comprehensive income for the first half of 2025 was RMB 1,098,785,023.10, a recovery from a loss of RMB 59,018,018.49 in the previous year[170]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.1 per share to all shareholders based on the total share capital as of the dividend record date for the first half of 2025[3]. - The company has not proposed any capital reserve conversion into share capital or bonus shares in this profit distribution plan[3]. - The profit distribution plan has been approved by the board and will be submitted to the shareholders' meeting for approval, with the expected distribution date before November 18, 2025[94]. - The company plans to distribute a cash dividend of RMB 418 million in 2024, accounting for 71.45% of the net profit attributable to the parent company for that year[87]. Compliance and Governance - The financial report for the first half of 2025 has been prepared in accordance with Chinese accounting standards and is unaudited[5]. - The report complies with all relevant disclosure requirements set by the Shanghai Stock Exchange and Hong Kong Stock Exchange[5]. - The board of directors has ensured the authenticity, accuracy, and completeness of the half-year report, with no significant omissions or misleading statements[6]. - The company has maintained compliance with corporate governance codes and is currently seeking a suitable candidate to assume the role of chairman[99]. Risk Management - The company has outlined various risks in the report, which can be found in the management discussion and analysis section[4]. - The company emphasizes that forward-looking statements do not constitute a commitment to investors and advises caution regarding investment risks[4]. - The company faces industry policy risks, particularly regarding renewable energy pricing policies, which could adversely affect profitability and cash flow due to changes in subsidy structures[75]. - Public perception of waste incineration may pose risks, leading to increased project costs and extended construction timelines due to stricter environmental assessments[81]. Operational Efficiency - The company operates 37 projects in the waste-to-energy sector, with a waste processing capacity of 40,300 tons per day and an installed capacity of 857 MW[23]. - The company has expanded its operational efficiency by enhancing waste processing and sludge treatment, resulting in a stable increase in waste intake across various regions[34]. - The company is focusing on expanding its overseas waste incineration projects and enhancing its core business in waste-to-energy, aiming for high-quality growth[37]. - The company is committed to enhancing operational efficiency through technological research and facility upgrades to counteract rising environmental compliance costs[78]. Market Presence and Expansion - The company has expanded its market presence across economically developed regions, including the Yangtze River Delta and Pearl River Delta, as well as central and western regions of China[23]. - The company is actively participating in the green electricity market, which includes biomass power generation, providing additional revenue opportunities[28]. - The company is actively participating in the green certificate market, which is expected to provide additional revenue opportunities for waste-to-energy projects[36]. - The company has a broad market presence, covering over 20 provinces and municipalities, with a focus on economically developed regions, enhancing its operational resilience[40]. Financial Position - As of June 30, 2025, the company's total assets amounted to RMB 21.96 billion, with total equity attributable to shareholders of RMB 8.16 billion[31]. - The net assets attributable to shareholders at the end of the reporting period were CNY 8,159,621,690.99, a 1.33% increase from CNY 8,052,817,092.46 at the end of the previous year[17]. - The company's cash and cash equivalents at the end of the period amounted to CNY 916,843,296.52, a 5.65% increase from CNY 867,810,323.28 at the end of the previous year[50]. - The company's long-term borrowings rose by 2.48% to CNY 7,715,139,066.27, reflecting adjustments in the debt structure[51]. Employee and Management - The company has a total of 3,319 employees as of June 30, 2025[139]. - The company has undergone changes in its management team, with the appointment of a new general manager and adjustments in board membership[89]. - The company maintains a competitive compensation system linked to performance, with adjustments based on operational conditions and industry standards[139]. - The company emphasizes the importance of employee training and development as a key strategy for achieving operational goals and enhancing performance[140]. Investment and Financing - The company raised a total of RMB 236,000,000 through convertible bond issuance, with RMB 234,476,640 utilized as of the reporting period[114]. - The company has not made any significant equity investments during the reporting period, with the previous year's investment amounting to RMB 15,000,000[69]. - The company has not purchased, sold, or redeemed any listed securities during the reporting period[124]. - The company expects to meet its redemption obligations under the convertible bonds, indicating a stable financial outlook[157].

（文章来源：证券日报） 证券日报网讯 9月11日晚间，绿色动力发布公告称，近日，公司收到交易商协会出具的《接受注册通知 书》（中市注协﹝2025﹞MTN864号），交易商协会同意接受公司中期票据注册。 ...

格隆汇9月11日丨绿色动力环保(01330.HK)公告，绿色动力环保集团股份有限公司(以下简称"公司")于 2025年2月24日召开第五届董事会第六次会议，于2025年5月16日召开2025年第一次临时股东大会，审议 通过了《关于申请注册并发行中期票据的议案》，同意公司在中国银行间市场交易商协会(以下简称"交 易商协会")申请注册并发行额度为人民币10亿元的中期票据。 近日，公司收到交易商协会出具的《接受注册通知书》(中市注协﹝2025﹞MTN864号)，交易商协会同 意接受公司中期票据注册，并就有关事项明确如下： 一、本次中期票据注册金额为人民币10亿元，注册额度自通知书落款日起2年内有效，由招商银行股份 有限公司和北京银行股份有限公司联席主承销。 二、公司在注册有效期内可分期发行中期票据，接受注册后如需备案发行，应事前先向交易商协会备 案。公司应按照有权机构决议及相关管理要求，进行发行管理。发行完成后，应通过交易商协会认可的 途径披露发行结果。 ...