北京市天元律师事务所 关于嘉泽新能源股份有限公司 2025 年第四次临时股东大会的法律意见 京天股字（2025）第 664 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 年第四次临时股东大会 （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 10 月 31 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 三次董事会决议公告》、《嘉泽新能源股份有限公司三届三十次监事会决议暨对 ...

Core Insights - A total of 490 stocks in the Shanghai and Shenzhen markets have experienced net outflows of main funds for five consecutive days or more as of October 29 [1] - The stock with the longest continuous net outflow is Zhongju Gaoxin, with 31 days of outflows, followed by Hengshen New Materials with 21 days [1] - The largest total net outflow amount is from China Merchants Bank, with a cumulative outflow of 3.093 billion yuan over 12 days [1] Group 1: Stocks with Longest Net Outflows - Zhongju Gaoxin has seen net outflows for 31 days, with a total outflow of 559 million yuan and a cumulative decline of 6.91% [1] - Hengshen New Materials has recorded net outflows for 21 days, totaling 197 million yuan, with a decline of 9.80% [3] - China Merchants Bank has the highest net outflow amount of 3.093 billion yuan over 12 days, with a net outflow ratio of 6.98% and a cumulative increase of 1.65% [1] Group 2: Other Notable Stocks - Guotai Junan has experienced net outflows for 10 days, amounting to 1.877 billion yuan, with a net outflow ratio of 7.89% and a cumulative increase of 2.70% [1] - Shengbang Co. has seen net outflows for 12 days, totaling 1.826 billion yuan, with a net outflow ratio of 9.52% and a cumulative decline of 10.65% [1] - Huajian Group has recorded net outflows for 6 days, with a total outflow of 1.713 billion yuan and a significant decline of 40.29% [1] Group 3: Stocks with Significant Outflow Ratios - Jianan Intelligent has the highest net outflow ratio at 14.74%, with a decline of 2.98% over the past 5 days [1] - Other notable stocks with high outflow ratios include Huayi Development at 11.91% and Pianzaihuang at 11.84% [1] - The overall trend indicates a significant outflow of funds from various sectors, reflecting investor sentiment and market conditions [1]

Core Insights - The company, Jiaze New Energy, reported steady growth in its Q3 2025 financial results, with both revenue and net profit increasing, showcasing resilience and growth potential [1][2] Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 1.864 billion yuan, a year-on-year increase of 2.66% [1] - The net profit attributable to shareholders reached 595 million yuan, reflecting a year-on-year growth of 7.99% [1] - The net cash flow from operating activities significantly increased to 2.176 billion yuan, up 80.10% year-on-year, primarily due to increased renewable energy subsidy payments [1] - In Q3 alone, the company reported a revenue of 554 million yuan, with a net profit of 135 million yuan, indicating stable profitability despite a slight year-on-year decline in revenue [1] Asset and Equity Structure - As of September 30, 2025, the company's total assets amounted to 23.915 billion yuan, a 7.60% increase from the end of the previous year [1] - The equity attributable to shareholders rose to 8.088 billion yuan, up 17.28% from the end of the previous year, indicating an improved asset-liability structure [1] Capital Operations - In September 2025, the company completed a private placement of shares to raise funds primarily for renewable energy project development and to supplement working capital [2] - The actual controller and his concerted actors hold a combined 44.29% stake post-issuance, reflecting a stable control structure and confidence in the company's future [2] - A share buyback plan initiated by a concerted actor has seen approximately 40.728 million shares purchased, amounting to about 134 million yuan, demonstrating long-term investment value recognition [2] Industry Context - As a renewable energy generation company focused on wind and solar power, Jiaze New Energy is well-positioned to benefit from the ongoing national "dual carbon" goals and energy structure transformation [2] - The company is strengthening its foundation for long-term high-quality development amid increasing competition in the renewable energy sector [2] - With ongoing project completions and continuous recovery of subsidy funds, Jiaze New Energy is expected to solidify its market position in the green energy sector, providing sustainable returns for investors [2]

Core Viewpoint - The company has reported a significant increase in power generation and grid-connected electricity volume for the third quarter of 2025 compared to the same period last year, indicating positive operational performance and growth potential [38][39]. Financial Data - The company completed a total power generation of 4,291,517.5 MWh in the first three quarters of 2025, which is a 10.86% increase from 3,871,032.4 MWh in the same period last year [38]. - The cumulative grid-connected electricity volume reached 4,100,659.8 MWh, reflecting a 10.53% increase from 3,710,079.0 MWh year-on-year [38]. Shareholder Information - The company issued 478,087,649 shares on September 26, 2025, leading to a change in the controlling shareholder to 博荣益弘, who now holds 44.29% of the total shares [7]. - The actual controller, 陈波, retains his position despite the share issuance, holding 1.53% of the total shares [7]. Board Meeting Resolutions - The board of directors approved the third quarter report for 2025 during a meeting held on October 27, 2025, with a unanimous vote of 8 in favor [14][15]. - Several governance documents, including the strategic committee and audit committee work rules, were revised to align with the latest regulations [16][18][20]. Monitoring and Compliance - The supervisory board confirmed the accuracy and completeness of the third quarter report, stating that it reflects the company's actual situation without any misleading statements [34].

Group 1 - The core point of the news is that on October 28, Haomai Technology disclosed an increase in shareholding, while six A-share listed companies announced share reductions [1][3] Group 2 - Haomai Technology's controlling shareholder, Zhang Gongyun, increased his shareholding by 330,000 shares [3] - Chuangyao Technology's director, Wang Wanli, plans to reduce his holdings by no more than 0.0017% [3] - Xinzhi Group's largest shareholder intends to reduce his holdings by no more than 3% [3] - Shuangjie Electric's shareholder, Yuan Xue'en, plans to reduce his holdings by no more than 3.11% [3] - Lankai Technology's shareholder, China Electric Power Investment Corporation, and its concerted parties have reduced their combined shareholding to below 5% [3] - Jiaze New Energy's shareholder, Ningxia Bitai, plans to reduce his holdings by no more than 3% [3] - Jingda Co., Ltd.'s shareholders, Li Guangrong and Tehua Investment, plan to reduce their combined holdings by no more than 3% [3]

Group 1 - The core point of the article highlights the stock trading activities of several companies, specifically focusing on the increase in holdings by Haomai Technology and the reduction in holdings by six other A-share listed companies [1][2] Group 2 - Haomai Technology's controlling shareholder, Zhang Gongyun, increased his stake by 330,000 shares [2] - Chuangyao Technology's director Wang Wanli plans to reduce his holdings by no more than 0.0017% [2] - The largest shareholder of Xinzhi Group intends to reduce his stake by no more than 3% [2] - Shareholder Yi Xue'en of Shuangjie Electric plans to reduce his holdings by up to 3.11% [2] - Shareholder China Electric Power Investment and its concerted parties have reduced their combined shareholding to below 5% in Lankai Technology [2] - Shareholder Ningxia Bitai of Jiazhe New Energy intends to reduce his stake by no more than 3% [2] - Shareholders Li Guangrong and Tehua Investment of Jingda Co. plan to reduce their combined holdings by no more than 3% [2]

Core Insights - The company reported a revenue of 1,864,149,031.13 yuan for the first three quarters of 2025, representing a year-on-year growth of 2.66% [2] - The net profit attributable to shareholders of the listed company was 594,745,284.18 yuan, showing a year-on-year increase of 7.99% [2] Financial Performance - Revenue for the first three quarters of 2025 reached approximately 1.86 billion yuan, with a growth rate of 2.66% compared to the previous year [2] - The net profit for the same period was around 594.75 million yuan, reflecting a growth of 7.99% year-on-year [2]

证券代码：601619 证券简称：嘉泽新能 公告编号：2025-102 债券代码：113039 债券简称：嘉泽转债 嘉泽新能源股份有限公司 关于持股 5%以上股东减持股份计划公告 重要内容提示 ●股东持股的基本情况 截至本公告披露日，宁夏比泰投资合伙企业（有限合伙）（以下简称"宁夏 比泰"）持有嘉泽新能源股份有限公司（以下简称"公司"）无限售条件流通股 股份 190,000,000 股，占截至 2025 年 9 月 30 日公司总股本 2,912,656,123 股的 6.52%。上述股份为其间接持有的公司 IPO 前股份。 ●减持计划的主要内容 公司股东宁夏比泰出于其自身资金需求，拟自本公告之日起 15 个交易日后 的 3 个月内，通过大宗交易、集中竞价交易减持比例不超过公司总股份数的 3%， 即不超过 87,379,683 股。其中：在任意连续 90 日内，采取大宗交易方式减持股 份的总数不超过公司股份总数的 2%，即不超过 58,253,122 股；集中竞价方式减 持股份的总数不超过公司总股本的 1%，即不超过 29,126,561 股。 若减持计划实施期间公司有送股、资本公积金转增股本、增发新股或配股 ...

Core Viewpoint - The company Jiaze New Energy (601619.SH) announced that its shareholder Ningxia Bitai plans to reduce its holdings by up to 3% of the total shares within three months, due to its own funding needs [1] Summary by Relevant Sections Shareholder Reduction Plan - Ningxia Bitai intends to reduce its shareholding by no more than 87,379,700 shares, which represents up to 3% of the company's total shares [1] - Within any continuous 90-day period, the total number of shares reduced through block trading will not exceed 58,253,100 shares, or 2% of the total shares [1] - The total number of shares reduced through centralized bidding will not exceed 29,126,600 shares, or 1% of the total shares [1]

Core Viewpoint - The company, Jiaze New Energy (601619.SH), announced that its major shareholder, Ningxia Bitai Investment Partnership (Limited Partnership), plans to reduce its holdings by up to 87.3797 million shares, which represents 3% of the company's total share capital [1] Summary by Category - **Shareholder Action** - Ningxia Bitai Investment Partnership intends to reduce its stake due to its own funding needs [1]