| A H | | | | 编号:临 2025-034 | | --- | --- | --- | --- | --- | | | 股代码:601868 股代码:03996 | | | | | | | A H | 股简称:中国能建 股简称:中国能源建设 | | 中国能源建设股份有限公司 关于高级管理人员变动的公告 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。 中国能源建设股份有限公司（以下简称公司）于 2025 年 6 月 9 日以通讯表决的方式召开第三届董事会第四十七次会议，审 议通过了《关于调整公司高级管理人员的议案》，会议应参与表 决董事 8 人，实际参与表决董事 7 人，赵立新董事因故请假未参 加表决，会议的召开符合有关法律法规和《公司章程》的规定。 现将相关内容公告如下： 截至本公告披露日，尹强先生和徐陆先生未持有公司股份， 与持有公司 5%以上股份的股东、公司董事、监事、其他高级管 理人员不存在关联关系；未受过中国证监会及其他有关部门的处 罚和证券交易所纪律处分，不存在因涉嫌犯罪被司法机关立案侦 查或者涉嫌违法 ...

A 股代码：601868 A 股简称：中国能建 编号：临2025-035 H 股代码：03996 H 股简称：中国能源建设 中国能源建设股份有限公司 关于2024年年度股东大会的延期公告 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： 2024年年度股东大会 2. 原股东大会召开日期：2025 年 6 月 20 日 3. 原股东大会股权登记日 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 601868 | 中国能建 | 2025/6/13 | 二、 股东大会延期原因 因统筹相关工作安排，经公司审慎研究，决定将本次股东大 会召开时间延期至 2025 年 6 月 24 日。本次股东大会的延期召开 符合《上市公司股东会规则》和《上海证券交易所股票上市规则》 等相关法律法规以及《中国能源建设股份有限公司章程》等相关 规定。 1 会议延期后的召开时间：2025 年 6 月 24 日 一、 原股东大会有关情况 1. 原股东大会的类型和届次 ...

Investment Rating - The report maintains a "Positive" investment rating for the construction and engineering sector [11]. Core Insights - The report analyzes several mergers and acquisitions (M&A) cases among central state-owned enterprises (SOEs) in the construction sector, highlighting how these companies have integrated quality resources to achieve breakthroughs in business scale and competitiveness [3][25]. - The recent policy changes, including the new "National Nine Articles" and amendments to the asset restructuring management measures, are expected to invigorate the M&A market, providing opportunities for companies facing operational pressures or growth limitations [6][20]. Summary by Sections M&A Analysis - The report details various M&A cases, including: - **China National Materials International**: Acquired subsidiaries to enhance its competitive edge and resolve internal competition issues [6][28]. - **Shenzhen Sanda A**: Acquired a majority stake in China System to strengthen its smart city industry chain [7][65]. - **China Energy Engineering**: Planned a merger with Gezhouba to eliminate competition and enhance synergy [8]. - **Anhui Construction Engineering**: Merged with Anhui Construction Group for overall listing [8]. - **China Communications Construction**: Divested design assets to facilitate a reverse merger with Qilian Mountain [9]. Policy Environment - The report emphasizes the supportive policy environment for M&A activities, with multiple central and local government initiatives aimed at enhancing the efficiency of capital allocation and encouraging strategic restructuring among SOEs [20][21]. Industry Trends - The construction industry is transitioning towards maturity, with signs of peak growth potential. The report notes a decline in revenue and profit for listed construction companies, indicating a need for horizontal expansion or vertical integration through M&A to sustain growth [20][25]. - In 2024, the total revenue for the construction sector was approximately 86,962.78 billion yuan, reflecting a year-on-year decrease of 4.29% [20]. Investment Opportunities - The report identifies potential investment targets that are under operational pressure or facing growth constraints, particularly those that could benefit from central and local policy support [25].

Group 1: Carbon Neutrality Expo Highlights - The 2025 Shanghai International Carbon Neutral Technology, Products and Achievements Expo showcased advancements in controllable nuclear fusion, superconducting cables, and AI applications by major state-owned enterprises [1] - Companies like State Grid, China Electrical Equipment Group, and Shanghai Electric presented their technological achievements to support the "dual carbon" goals [1] Group 2: Developments in Controllable Nuclear Fusion - Controllable nuclear fusion, known as "artificial sun," is viewed as an ideal future energy source due to its abundant fuel resources and environmental friendliness [2] - Shanghai Electric has been involved in fusion projects since around 2000 and has become a leading supplier of core equipment for fusion systems in China [2] - The company has participated in significant projects such as the BEST project, ITER, EAST, CRAFT, HH70, and EXL-50, establishing advanced manufacturing capabilities in special materials and precision welding [2] Group 3: Superconducting Cable Innovations - The State Grid showcased the world's first large-scale superconducting cable project in an urban area, which operates at a capacity of 133.6 MVA, setting a record for commercial superconducting transmission [3] - This superconducting cable can replace 4 to 6 traditional cables, saving 70% of underground space and reducing energy loss by approximately 760,000 kWh, equivalent to 304 tons of standard coal and 761 tons of CO2 emissions [3] - The project aims to maximize land resource utilization in urban centers and promote the application of superconducting technology [3] Group 4: Advancements in Superconducting Reactors - The innovative superconducting reactor design eliminates traditional noise sources, achieving noise levels below 50 decibels, thus meeting urban environmental standards [4] - The reactor's low magnetic leakage minimizes interference with surrounding communication devices and can be seamlessly integrated into existing power station systems [4] Group 5: AI and Green Energy Initiatives - China Energy Construction Group is integrating AI with energy production, transmission, storage, and consumption to enhance efficiency through optimized energy planning and scheduling [5] - The company has developed a carbon management platform that monitors energy and carbon flows, providing customized carbon management services [5] - Sheneng Group is advancing renewable energy projects, including offshore wind power and flexible coal power generation, while also engaging in green electricity trading [6]

Core Viewpoint - China Energy Construction Group Finance Co., Ltd. is focusing on digital transformation to enhance operational service capabilities and risk prevention levels, supporting the development of new energy, new infrastructure, new industries, and new materials [1] Group 1: Digital Financial Service - The company has established a 24/7 global online financial system for account management, fund settlement, credit processing, and bill services, creating a comprehensive digital service chain that meets customer needs [2] - This digital service chain enhances collaboration with internal and external entities, providing a one-stop digital solution for business operations [2] Group 2: Data-Driven Financial Innovation - The company integrates vast financial data by breaking down barriers between internal business systems and external industry data, creating a shared platform for data resources [3] - The introduction of the "Financial Small Intelligence" robot automates data extraction, generates daily reports, and monitors risks in real-time, supporting management decision-making [3] Group 3: Disaster Recovery System - The company has developed a disaster recovery system based on a "cloud computing + distributed" architecture, ensuring real-time data synchronization and application-level disaster recovery across regions [4] - This new layout optimizes computing power and storage resources, establishing a robust foundation for the secure operation of information systems [4] - The company aims to align with national strategic deployments, focusing on technological finance and AI initiatives to enhance financial services and support high-quality development [4]

2024 年年度股东大会 会议资料 2025 年 6 月 20 日 北京 关于公司 2024 年年度报告的议案 各位股东： 根据上市公司年报披露工作要求，中国能源建设股份有限 公司（以下简称公司）编制了 2024 年年度报告，并已经公司第 三届董事会第四十四次会议审议通过，详见 2025 年 3 月 29 日 在上海证券交易所网站（http://www.sse.com.cn/）发布的公告。 现提请股东大会审议。 中国能源建设股份有限公司 股东大会会议资料 目 录 议案一、关于公司 2024 年年度报告的议案 ························· 1 议案二、关于公司 2024 年度董事会工作报告的议案············· 2 议案三、关于公司 2024 年度独立董事述职报告的议案········ 18 议案四、关于公司 2024 年度监事会工作报告的议案··········· 19 议案五、关于公司董事 2023 年薪酬兑现标准的议案··········· 23 议案六、关于公司董事 2025 年度薪酬方案的议案·············· 26 议案七、关于公司监事 2023 年薪酬兑现 ...

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。 一、 股东大会有关情况 （一）股东大会的类型和届次： 2024年年度股东大会 A 股代码：601868 A 股简称：中国能建 编号：2025-033 H 股代码：03996 H 股简称：中国能源建设 中国能源建设股份有限公司 关于2024年年度股东大会增加临时提案的公告 （二）股东大会召开日期：2025 年 6 月 20 日 （三）股权登记日 公司已于2025 年 5 月 23 日公告了《中国能源建设股份有限 公司关于召开 2024 年年度股东大会的通知》（公告编号：临 2025-030），单独持有公司44.86%股份的股东中国能源建设集团 有限公司，在2025 年 6 月 4 日提出临时提案并书面提交股东大 会召集人。股东大会召集人按照《上市公司股东会规则》有关规 定，现予以公告。 （三）临时提案的具体内容 本次临时提案为《关于更换独立非执行董事的议案》，上述 议案已经公司第三届董事会第四十六次会议审议通过，具体内容 详见公司于 2025 年 5 月 31 日在上海证券交易所 ...

Summary of China Energy Engineering Corporation Conference Call Company Overview - **Company**: China Energy Engineering Corporation (中国能建) - **Industry**: Construction and Energy Key Points Financial Performance - New contracts, revenue, and profit reached historical highs, with nearly double-digit growth, leading among state-owned construction enterprises [2][3] - Domestic power business contract signing increased by approximately 4 percentage points year-on-year [3] Market Strategy - Optimized market layout with a focus on regional strategic alignment, resulting in the formation of a core market worth over 100 billion and multiple markets worth 50 billion [4] - New contract value expected to reach 1.4 trillion yuan in 2024, with over 300 billion yuan in Q1 2025 [4] Renewable Energy and Smart Energy - Contracts in renewable and integrated smart energy sectors accounted for nearly 40% of total contracts, showing significant year-on-year growth [6] - By the end of 2024, the company secured 70 GW of renewable energy development indicators, with a controlled installed capacity exceeding 15 GW [6] Research and Development - R&D expenditure for 2024 is close to 15 billion yuan, with an intensity of 3.35% [7] - Nearly 2,000 patents granted, with several projects recognized as national demonstration projects [7] Data Center Business - The company is strategically positioned in five key regions for data center development as part of the East Data West Computing initiative [8] - The first phase of the data center in Gansu Qinyang has been leased, with plans to start construction in Beijing and Shanxi [8] - Total investment in data centers is projected at approximately 17 billion yuan, excluding renewable energy and computing investments [10] Cost Management - Long-term electricity price agreements with clean energy sources are expected to significantly reduce operational costs for data centers [9] Storage and New Energy Projects - The company is actively developing various forms of energy storage, including pumped storage and compressed air storage [13][15] - Plans to establish 100 compressed air storage projects, with ongoing developments in Gansu and Hubei [15] Market Challenges and Adaptations - The company is adapting to regulatory changes, including the 136 document, which necessitates more cautious investment strategies [21] - Despite cash flow pressures due to increased asset-liability ratios, the company is implementing measures to stabilize financial conditions [21] Shareholder Engagement and Market Management - The company is committed to improving shareholder value through increased dividend payouts and potential share buybacks [22] - A planned directed issuance of 9 billion yuan is underway, with expectations for completion within the year [23][24] Future Outlook - The company is optimistic about future growth, particularly in the renewable energy and data center sectors, and aims to share development benefits with shareholders [22] Additional Insights - The company is focusing on technological innovation and has established a hydrogen energy company to enhance its market position [19] - The integration of energy and data center operations is expected to improve capital returns [11]

Core Viewpoint - The article discusses the announcement of a centralized procurement project for lithium iron phosphate battery energy storage systems by China Energy Construction Corporation, with an estimated total capacity of 25 GWh for the year 2025 [2][6]. Group 1: Project Overview - The procurement project is divided into three packages: 1C (1-hour system), 0.5C (2-hour system), and 0.25C (4-hour system) [2][7]. - The total estimated capacity for the project is 25 GWh [2][7]. Group 2: Bidder Requirements - Bidders must be independent legal entities registered in the People's Republic of China and must have specific performance records in the last two years [3][7]. - For Package 1, bidders must have a cumulative contract performance of no less than 100 MWh for 1C systems with individual project capacities of 10 MWh or more [3][7]. - For Package 2, bidders must have a cumulative contract performance of no less than 1000 MWh for 0.5C systems with individual project capacities of 50 MWh or more [3][7]. - For Package 3, bidders must have a cumulative contract performance of no less than 500 MWh for 0.25C systems with individual project capacities of 50 MWh or more [3][8]. Group 3: Certification and Financial Requirements - Bidders must provide various quality and environmental management certifications, including ISO certifications [7][8]. - Bidders must demonstrate good financial and credit status over the past three years, providing financial statements from 2022 to 2024 [8][9]. Group 4: Submission and Timeline - The bid submission deadline is set for June 23, 2025, at 14:00 [10][11]. - Bidders can obtain the tender documents from June 3, 2025, to June 13, 2025, after paying a fee of 2000 yuan per package [10][12].

Group 1 - The nominee, Mr. Pei Zhenjiang, is proposed as an independent director candidate for the third board of China Energy Engineering Corporation Limited [1] - The nominee has agreed to serve and possesses the necessary qualifications for the role, including over 5 years of relevant work experience in law, economics, accounting, finance, or management [1] - The nominee has committed to participate in recent independent director training organized by the stock exchange to obtain the required certification [1] Group 2 - The nominee meets the independence criteria and does not fall under any disqualifying conditions, such as holding significant shares or having close relationships with major shareholders [2][3] - The nominee has no adverse records, including administrative or criminal penalties from the China Securities Regulatory Commission in the last 36 months [4] - The nominee has not been dismissed from previous independent director roles due to absence from board meetings [4] Group 3 - The nominee's concurrent roles as an independent director in domestic listed companies do not exceed three, and the tenure at China Energy Engineering Corporation Limited has not surpassed six years [4] - The nomination has passed the qualification review by the board's nomination committee, confirming no conflicts of interest [4]