Core Points - The legal opinion letter confirms the compliance of the 2024 annual shareholders' meeting of Green Power Environmental Group Co., Ltd. with relevant laws and regulations [3][11] - The meeting was convened by the company's board of directors and held on June 25, 2025, in Wuhan, with both in-person and online voting options [4][5] - A total of 399 shareholders and their proxies attended the meeting, representing 740,022,946 shares, which is 53.1071% of the total voting shares [5][6] Meeting Procedures - The meeting was announced 20 days in advance, in accordance with the company's articles of association and relevant regulations [4][5] - Voting was conducted through a combination of in-person and online methods, with specific time slots allocated for online voting [4][6] Attendance and Voting Results - The meeting had 5 attendees in person and 394 participating via online voting, representing a total of 114,433,917 shares or 8.2123% of the voting shares [5][6] - The voting results showed overwhelming support for the proposals, with the majority of votes in favor exceeding 99% for several resolutions [7][8][9] Conclusion - The legal opinion concludes that all procedures, qualifications of attendees, and voting results are in compliance with the Company Law, Securities Law, and other relevant regulations, confirming the legitimacy of the meeting [11]

证券代码：601330 证券简称：绿色动力 公告编号：临 2025-032 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 2024年年度股东大会决议公告 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 6 月 25 日 (二)股东大会召开的地点：湖北省武汉市青山区（化学工业区）绿色大道 18 号 武汉绿色动力再生能源有限公司办公楼三楼会议室 (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、出席会议的股东和代理人人数 | 399 | | --- | --- | | 其中：A 股股东人数 | 397 | | 境外上市外资股股东人数（H 股） | 2 | | 2、出席会议的股东所持有表决权的股份总数（股） | 854,456,863 | | 其中：A 股股东持有股份总数 | 715,300,013 | | 境外上市外资股股东持有股份总数（H 股） | 139,156, ...

广东省深圳市福田区中心四路一号嘉里建设广场 T1-19 层，邮编 518038 19/F, Kerry Plaza Tower 1,1-1 Zhongxinsi Road, Futian District, Shenzhen, Guangdong, Postal code: 518038 电话/TEL：（0755）8860 0388 网址/WEBSITE：http://www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达（深圳）律师事务所 关于绿色动力环保集团股份有限公司 2024 年年度股东大会的法律意见书 康达（深圳）股会字[2025]第 0021 号 致：绿色动力环保集团股份有限公司 北京市康达（深圳）律师事务所（以下简称"本所"）接受绿色动力环保集团股份 有限公司（以下简称"公司"）的委托，指派本所律师参加公司 2024 年年度股东大会 （以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民 共和国证券 ...

Group 1 - The company, Dynagreen Environmental Protection Group Co., Ltd., has issued a total of 2,360 million yuan in convertible bonds, known as "Green Dynamic Convertible Bonds" [3][4][11] - The bonds have a maturity period of 6 years, from February 25, 2022, to February 24, 2028, with an annual interest rate that increases from 0.20% in the first year to 2.00% in the sixth year [4][5][7] - The initial conversion price for the bonds is set at 9.82 yuan per share, with provisions for adjustments based on stock dividends and other corporate actions [7][8] Group 2 - As of December 31, 2024, the company operates 37 waste incineration power generation projects with a total waste processing capacity of 40,300 tons per day and an installed capacity of 857 MW [11][14] - The company's total assets and total liabilities are reported at 2,198,877.29 million yuan and 1,345,998.25 million yuan, respectively, resulting in an equity total of 852,879.04 million yuan and a debt-to-asset ratio of 61.21% [11][14] - The company's revenue for the year 2024 is reported at 339,857.23 million yuan, a decrease of 14.08% compared to the previous year [11][14] Group 3 - The funds raised from the bond issuance are allocated for various projects, with a total planned investment of 369,391.15 million yuan, of which 236,000.00 million yuan is to be funded by the bond proceeds [11][15] - The company has utilized 15,042.44 million yuan of the raised funds in 2024, with a cumulative usage of 223,116.62 million yuan as of the end of the year [11][15] - The remaining balance of the raised funds, including interest income, is reported at 13,780.92 million yuan [11][15]

证券代码：601330 证券简称：绿色动力 可转债代码：113054 可转债简称：绿动转债 绿色动力环保集团股份有限公司 公开发行 A 股可转换公司债券 受托管理事务报告 （2024 年度） 债券受托管理人 二〇二五年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称"《管理办法》"）《绿色动 力环保集团股份有限公司 2021 年公开发行 A 股可转换公司债券之受托管理协议》（以下 简称"《受托管理协议》"）《绿色动力环保集团股份有限公司公开发行 A 股可转换公司债 券募集说明书》（以下简称"《募集说明书》"）《绿色动力环保集团股份有限公司 2024 年 年度报告》等相关公开信息披露文件、第三方中介机构出具的专业意见等，由本期债券 受托管理人中信建投证券股份有限公司（以下简称"中信建投证券"）编制。中信建投证 券编制本报告所引用的财务数据，引自经立信会计师事务所（特殊普通合伙）审计的 2024 年度审计报告和发行人出具的 2024 年度公司年度报告。本报告其他内容及信息来源 于第三方专业机构出具的专业意见以及绿色动力环保集团股份有限公司提供的资料或说 明，请投资人关注并独立做出投资判断。 本报 ...

绿色动力环保集团股份有限公司 2024 年年度股东大会 会议资料 2025 年 6 月 25 日 绿色动力环保集团股份有限公司 2024 年年度股东大会会议资料 | | | | 2024 | 年年度股东大会会议须知 | | | | | | 3 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2024 | 年年度股东大会会议议程 | | | 5 | | | | | 议案一 | 关于 | 2024 | 年董事会报告的议案 | 7 | | | | | 议案二 | 关于 | 2024 | 年监事会报告的议案 | 12 | | | | | 议案三 | 关于 | 2024 | 年财务决算报告的议案 | 14 | | | | | 议案四 | 关于 | 2024 | 年利润分配方案的议案 | | 15 | | | | 议案五 | 关于聘任 | | 2025 年度审计机构的议案 | 16 | | | | | 议案六 | 关于 | 2025 | 年财务预算报告的议案 | 17 | | | | | 议案七 | 关于董事、监事 | | 2024 年薪酬执行情况与 | 202 ...

Core Points - The company held its 2024 Annual General Meeting to discuss various proposals including the board report, financial statements, and profit distribution plan [1][4][14] - The company reported a total revenue of RMB 585 million for 2024, a decrease of 7.02% year-on-year, with total assets amounting to RMB 21.989 billion and net assets of RMB 8.053 billion [8][9] - The company processed 14.3824 million tons of municipal waste in 2024, representing a year-on-year increase of 6.96%, and generated 42.609 million MWh of electricity, up 9.42% [9][10] - The company plans to distribute a cash dividend of approximately RMB 279 million, which accounts for 47.64% of the net profit attributable to shareholders for 2024 [14][15] - The company aims to continue its digital transformation and technological innovation to enhance operational efficiency and management levels [10][11] Meeting Procedures - The meeting was scheduled for June 25, 2025, at 10:00 AM, and was presided over by the acting chairman, Cheng Suning [2][4] - Attendees included shareholders, board members, supervisors, senior management, and legal representatives [2][4] - Voting was conducted through a combination of on-site and online methods, with each share carrying one vote [2][4] Financial Performance - The company achieved a net profit of RMB 585 million for 2024, with retained earnings of RMB 1.512 billion as of December 31, 2024 [14][15] - The financial budget for 2025 includes management expenses capped at RMB 306.63 million [16] Board and Supervisory Reports - The board of directors held 12 meetings in 2024 and convened 4 shareholder meetings, adhering to governance standards [11][12] - The supervisory board conducted 8 meetings, ensuring compliance with legal and regulatory requirements [12][13] Compensation Plans - The company proposed that the remuneration for directors and supervisors in 2025 remain consistent with 2024 levels, with independent directors receiving annual fees of RMB 80,000 and HKD 120,000 for those residing in Hong Kong [17][19]

Investment Rating - The report maintains an "Accumulate" rating for the waste incineration sector [1] Core Insights - The report emphasizes analyzing waste incineration assets from a cash flow perspective, highlighting that improvements in asset quality are reflected in increased free cash flow and enhanced ROE. The marginal changes in cash flow represent variations in asset valuation within DCF models, supporting the potential for increased dividends [10][1] - The waste incineration sector is expected to see a steady increase in dividend potential due to declining capital expenditures and improved cash flow management, with projected dividends for 2024 showing significant increases across various companies [3][24] Summary by Sections Cash Flow Analysis - The waste incineration sector has experienced a decline in capital expenditures, leading to a positive trend in free cash flow. The operating cash flow net amount for 2024 is projected to be 15% higher than the previous year, reaching 157 billion [21][19] - Free cash flow is expected to increase significantly, from 27 billion in 2023 to 66 billion in 2024, indicating a robust capacity for dividend distribution [21][24] ROE and Profitability - The report notes a recovery in ROE and PB ratios, with 2024 ROE projected at 11.53%, a slight increase from 11.32% in 2023. This recovery is attributed to reduced capital expenditures and improved operational efficiency [2][40] - The waste incineration sector's total revenue for 2024 is estimated at 457 billion, with a 1% increase year-on-year, and a net profit of 88 billion, reflecting a 13% growth [30][35] Investment Recommendations - The report suggests that the solid waste sector has significant potential for increased dividends, with companies like Green Power and Hanlan Environment expected to raise their dividends substantially in 2024 [3][24] - The analysis indicates that several companies within the sector could achieve dividend potentials exceeding 100%, with specific companies identified for their strong dividend capabilities [15][14]

Group I - The report details the changes in the registered capital and issued shares of Green Power Environmental Group Co., Ltd. as of May 31, 2025 [1] - The total registered capital at the end of the month is RMB 1,393,453,043, with no changes in the registered shares for the Hong Kong listed securities [1] - The number of issued shares for the Hong Kong listed securities remains at 404,359,792, with no changes during the month [1] Group II - For the Shanghai Stock Exchange listed securities, the number of issued shares increased by 106, resulting in a total of 989,093,251 shares at the end of the month [1] - The report indicates that there were no stock options or warrants issued during the month [1] - The convertible bonds issued by the company have a conversion price adjusted from RMB 9.45 to RMB 9.35, effective from November 19, 2024 [1]

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5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6月5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 ...