Core Insights - The report highlights that in 2024, the total salary for A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan [1] - Over 21% of the secretaries earned more than 1 million yuan annually, indicating a significant compensation level within the industry [1] Salary Distribution - The average salary for secretaries in the public utility and power sector is approximately 750,600 yuan, with the highest salary being 1.8562 million yuan and the lowest at 162,900 yuan [1] - The majority of secretaries (59%) earn between 500,000 and 1 million yuan, totaling 49 individuals [1] Salary Changes - The average salary in 2024 increased by 31,700 yuan compared to 2023, reflecting a 12% rise [3] - Notably, the salary of Fu Ying from Jin Fang Energy decreased by 514,000 yuan, marking a 41% decline, the largest drop in both absolute and percentage terms [3] Age Structure - The average age of secretaries is approximately 47.9 years, with the largest age group being 50-59 years, comprising about 47% of the total [3] - The oldest secretary is 62 years old, while the youngest is 33 years old [3] Educational Background - The distribution of secretaries by education level shows that 46 hold master's degrees, 32 have bachelor's degrees, 3 have associate degrees, and 1 has a secondary vocational education [5] - Average salaries by education level are 782,300 yuan for master's, 729,100 yuan for bachelor's, 670,300 yuan for associate, and 249,900 yuan for secondary vocational [5] Career Background - Secretaries with previous sell-side experience, such as Yang Ning from Jiazhe New Energy, have achieved higher salary levels, with their salaries being 1.6059 million yuan, 1.0349 million yuan, and 813,300 yuan respectively [7][8] Compliance Issues - A total of 7 secretaries received warnings or public notifications for compliance issues in 2024-2025 [8] - Specific cases include Hu Suping from Meiyan Jixiang, who received 4 warnings for failing to disclose related party transactions and misreporting financial data [9][10]

Core Insights - The report highlights that in 2024, the total salary for A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan, indicating a significant role in capital operations [1][3] - The average salary increased by 31,700 yuan compared to 2023, reflecting a 12% growth [3] Salary Distribution - The average salary for secretaries in the public utility-electricity sector is approximately 750,600 yuan, with the highest salary being 1.8562 million yuan and the lowest at 162,900 yuan [1] - The majority of secretaries (59%) earn between 500,000 to 1 million yuan, totaling 49 individuals [1] Age and Experience - The average age of secretaries is 47.9 years, with the largest age group being 50-59 years, comprising 39 individuals (about 47%) [3] - The oldest secretary is 62 years old, while the youngest is 33 years old [3] Educational Background - The distribution of secretaries by education level shows 46 with master's degrees, 32 with bachelor's degrees, 3 with associate degrees, and 1 with a secondary vocational degree, with average salaries of 782,300 yuan, 729,100 yuan, 670,300 yuan, and 249,900 yuan respectively [5] Professional Background - Secretaries with previous sell-side experience, such as those from Haitong Securities and Industrial Securities, have achieved higher salary levels, with salaries of 1.6059 million yuan, 1.0349 million yuan, and 813,300 yuan respectively [7][8] Compliance Issues - A total of 7 secretaries received warnings or public notifications for compliance issues in 2024-2025 [8] - Specific cases include Hu Suping from Meiyan Jixiang, who received 4 warnings for failing to disclose related party transactions and misreporting financial data [9][10]

Core Insights - The report highlights that in 2024, the total salary for A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan [1] - The average salary increased by 31,700 yuan compared to 2023, reflecting a growth rate of 12% [3] Salary Distribution - In the public utility and power sector, the average salary for company secretaries was approximately 750,600 yuan, with the highest salary being 1.8562 million yuan and the lowest at 162,900 yuan [1] - The majority of secretaries (59%) earned between 500,000 and 1 million yuan, totaling 49 individuals [1] Age and Experience - The average age of company secretaries is approximately 47.9 years, with the largest age group being 50-59 years, accounting for about 47% [3] - The oldest secretary is 62 years old, while the youngest is 33 years old [3] Educational Background - The educational distribution shows that 46 secretaries hold a master's degree, 32 have a bachelor's degree, 3 have an associate degree, and 1 has a secondary vocational degree, with corresponding average salaries of 782,300 yuan, 729,100 yuan, 670,300 yuan, and 249,900 yuan respectively [5] Professional Background - Secretaries with previous sell-side experience, such as Yang Ning from Jiazhe New Energy, received higher salaries, with Yang earning 1.6059 million yuan [7][8] - A total of 7 secretaries received warnings or public notifications for violations in 2024-2025 [8] Violation Cases - Hu Suping from Meiyan Jixiang received 4 warnings for violations, with a salary of 544,700 yuan, due to undisclosed related party transactions and premature revenue recognition [9][10] - Yuyongfang from Disen Co. received 3 warnings for incorrect disclosures related to enforcement actions, with a salary of 412,800 yuan [10]

北京市天元律师事务所 关于嘉泽新能源股份有限公司 京天股字（2025）第 492 号 致：嘉泽新能源股份有限公司 嘉泽新能源股份有限公司（以下简称"公司"）2025 年第二次临时股东大会 （以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式召开，现场 会议于 2025 年 7 月 30 日 14 点 30 分在宁夏银川市兴庆区绿地 21 城企业公园 D 区 68 号楼嘉泽新能源股份有限公司三楼会议室召开。北京市天元律师事务所（以 下简称"本所"）接受公司聘任，指派本所律师参加本次股东大会会议，并根据 《中华人民共和国公司法》、 《中华人民共和国证券法》 （以下简称"《证券法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）以及《嘉泽新能源股 份有限公司章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会 的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表 决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《嘉泽新能源股份有限公司三届四十 次董事会决议公告》、 《嘉泽新能源股份有限公司三届二十八次监事会决议公告》、 《嘉泽新能源股份有限公司关于召开 ...

证券代码：601619 证券简称：嘉泽新能 公告编号：2025-062 (二)股东大会召开的地点：宁夏银川市兴庆区绿地 21 城企业公园 D 区 68 号楼嘉 泽新能源股份有限公司三楼会议室 债券代码：113039 债券简称：嘉泽转债 嘉泽新能源股份有限公司 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 7 月 30 日 (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： 份总数的比例（%） (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，由陈波董事长主持。公司本次股东大会的召集 和召开程序、出席会议人员资格、召集人资格、表决程序和表决结果均符合法律、 法规及《公司章程》的有关规定，会议合法、有效。 (五)公司董事、监事和董事会秘书的出席情况 事、副总经理郑小晨先生出席了本次会议；公司副总经理巨新团先生列席了 本次会议。 二、 议案审议情况 ( ...

证券日报网讯 7月30日晚间，嘉泽新能发布公告称，公司2025年第二次临时股东大会于2025年7月30日 召开，审议通过了《关于续聘信永中和会计师事务所（特殊普通合伙）为公司2025年度审计机构的议 案》等多项议案。 （文章来源：证券日报） ...

证券代码：601619 证券简称：嘉泽新能 公告编号：2025-062 债券代码：113039 债券简称：嘉泽转债 嘉泽新能源股份有限公司 2025年第二次临时股东大会决议公告 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 7 月 30 日 (二)股东大会召开的地点：宁夏银川市兴庆区绿地 21 城企业公园 D 区 68 号楼嘉 泽新能源股份有限公司三楼会议室 1、公司在任董事8人，出席8人； 二、 议案审议情况 (一)非累积投票议案 1、 议案名称：关于续聘信永中和会计师事务所（特殊普通合伙）为公司 2025 年度审计机构的议案 审议结果：通过 (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 | 603 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 867,426,205 | | 3、出席会议的股东所持有表决权股份数 ...

北京市天元律师事务所 关于嘉泽新能源股份有限公司 2025 年第二次临时股东大会的法律意见 京天股字（2025）第 492 号 致：嘉泽新能源股份有限公司 嘉泽新能源股份有限公司（以下简称"公司"）2025 年第二次临时股东大会 （以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式召开，现场 会议于 2025 年 7 月 30 日 14 点 30 分在宁夏银川市兴庆区绿地 21 城企业公园 D 区 68 号楼嘉泽新能源股份有限公司三楼会议室召开。北京市天元律师事务所（以 下简称"本所"）接受公司聘任，指派本所律师参加本次股东大会会议，并根据 《中华人民共和国公司法》、《中华人民共和国证券法》（以下简称"《证券法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）以及《嘉泽新能源股 份有限公司章程》（以下简称"《公司章程》"）等有关规定，就本次股东大会 的召集、召开程序、出席现场会议人员的资格、召集人资格、会议表决程序及表 决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《嘉泽新能源股份有限公司三届四十 次董事会决议公告》、《嘉泽新能源股份有限公司三届二十八次监事会决议公告》、 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [6] Core Views - The company is a small but efficient wind power operator that is expanding into green fuels, which opens up growth opportunities [6] - The company has received approval for a specific stock issuance and is increasing its stake in its subsidiary, Shanghai Jiayi Rongyuan, which is involved in green methanol, green ethanol, and green aviation fuel [7] - The company plans to raise 1.2 billion yuan through a private placement, which will increase the actual controller's shareholding to 44.3% [7] - The company is collaborating with Ningxia Jiazhe Group to enter the green chemical sector, significantly enhancing growth potential [7] - The company has a robust wind power operation with approximately 2GW of installed capacity and plans for additional capacity, ensuring sustained growth [7] - The potential launch of wind power REITs is expected to contribute to short-term performance and improve cash flow [7] Financial Summary - Revenue projections for 2023 to 2027 are as follows: 2,403 million yuan (2023), 2,422 million yuan (2024), 2,529 million yuan (2025E), 3,003 million yuan (2026E), and 3,853 million yuan (2027E) [9] - The expected growth rates for net profit from 2025 to 2027 are 44.2%, 12.28%, and 19.48% respectively, with corresponding PE ratios of 10, 9, and 8 times [10] - The company’s return on equity (ROE) is projected to improve from 12.25% in 2025 to 14.00% in 2027 [10]

Investment Rating - The industry investment rating is "Positive" (maintained) [4] Core Viewpoints - The report highlights a continued performance divergence within the power sector, with thermal power companies showing improved performance in regions like Beijing-Tianjin-Hebei, Guangdong, and Shanghai, while new energy companies exhibit significant individual performance differences [5][6] - Hydropower and nuclear power maintain stable performance, with hydropower's unique business model and resource scarcity being emphasized as key investment considerations [5] - The report suggests focusing on companies with resilient business models that can navigate annual cycles and have higher certainty with lower downside risks [5] Summary by Sections Performance Analysis - The report anticipates that thermal power companies will see improved performance in regions with smaller declines in electricity prices, particularly in Beijing-Tianjin-Hebei and Central China [5] - New energy performance is expected to vary significantly based on regional wind conditions, electricity price declines, and installed capacity growth [5] - Hydropower's pricing impact is expected to be controllable in the short term, with a focus on low-valuation and growth-oriented companies [5] Investment Recommendations - The report provides three stock selection strategies: prioritize resilient hydropower assets, continue to monitor low-valuation or growth-oriented wind power operators, and focus on quality thermal power assets and power equipment manufacturers [5] - Key recommended companies include: 1. Quality Hydropower: Chuan Investment Energy, Yangtze Power, Huaneng Hydropower, State Power Investment [5] 2. Hong Kong Wind Power: Longyuan Power (H), Datang New Energy, CGN New Energy, New天绿色能源 [5] 3. Quality Thermal Power: China Resources Power, Anhui Energy, Sheneng Co., Guangzhou Development [5] 4. Traditional Power Equipment Manufacturers: Dongfang Electric [5]