Group 1 - The company has completed the issuance of the "Dagang International Power Co., Ltd. 2025 Technology Innovation Renewable Corporate Bonds (Third Phase)" on August 14, 2025 [1] - The total issuance scale of this bond is RMB 3 billion [1] - The bond has a basic term of 10 years, with the option to extend for an additional 10 years at the end of each cycle [1] - The coupon rate for this bond is set at 2.29% [1]

智通财经APP讯，大唐发电(00991)发布公告，公司已于2025年8月14日完成了"大唐国际发电股份有限公 司2025年面向专业投资者公开发行科技创新可续期公司债券(第三期)"的发行。本期债券的发行规模为 人民币30亿元，基础期限为10年，以每10个计息年度为1个周期，在约定的基础期限期末及每一个周期 末，公司有权行使续期选择权，按约定的基础期限延长1个周期(即延长10年);公司不行使续期选择权则 全额到期兑付本期债券。本期债券的票面利率为2.29%。 ...

00991 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 茲 載 列 大 唐 國 際 發 電 股 份 有 限 公 司（「 本公司 」）在 上 海 證 券 交 易 所 網 站 ( http://www.sse.com.cn )刊 登 的《 大 唐 國 際 發 電 股 份 有 限 公 司 關 於 完 成 2025 年 科 技創新可續期公司債券（第三期）發行的公告》，僅供參閱。 承董事會命 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公 告全部或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何 責任。 孫延文 李凱、蔣建華、龐曉晉、馬繼憲、朱梅、王劍峰、趙獻國、李忠猛、韓放、金生祥、 宗文龍*、趙毅*、尤勇*、潘坤華*、謝秋野* * 獨立非執行董事 证券代码：601991 证券简称：大唐发电 公告编号：2025-037 大唐国际发电股份有限公司 关于完成 2025 年科技创新可续期公司债券（第三期） 发行的公告 特别提示 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 ...

Group 1 - The core point of the article is that Datang International Power Generation Co., Ltd. has established a new subsidiary, Datang (Boyu) Power Technology Co., Ltd., with an investment of 500,000 RMB, holding 100% of the shares [1] - Datang (Boyu) Power Technology Co., Ltd. was founded on February 25, 2025, and is located in Baoding City [1] - The company is involved in the electricity and heat production and supply industry, with various permitted projects including power generation, transmission, and distribution services [1] Group 2 - The legal representative of Datang (Boyu) Power Technology Co., Ltd. is Zhao Xueyi [1] - The company is authorized to engage in wind power and solar power technology services, as well as various technical services and consulting [1] - The company’s operations are subject to approval from relevant authorities for certain projects, indicating a regulated business environment [1]

Group 1 - The core viewpoint of the article is the strategic cooperation agreement signed between Hainan Provincial Government and China Datang Group, focusing on green development and clean energy initiatives [1] - The agreement emphasizes collaboration in areas such as offshore wind power, clean energy, new energy storage, innovative applications of new energy technologies, and carbon trading [1] - The partnership aims to support the construction of Hainan Free Trade Port by leveraging the strengths of both parties [1]

依据《上海证券交易所公司债券上市规则》等规定，上交所同意大唐国际发电股份有限公司2025年面向 专业投资者公开发行科技创新可续期公司债券（第二期）于2025年8月8日起在上交所上市，并采取匹配 成交、点击成交、询价成交、竞买成交、协商成交交易方式。该债券证券简称为"唐电YK02"，证券代 码为"243459"。根据中国结算规则，可参与质押式回购。 8月7日，上交所发布关于大唐国际发电股份有限公司2025年面向专业投资者公开发行科技创新可续期公 司债券（第二期）上市的公告。 ...

Group 1 - A new company, 大唐庆发(北京)新能源有限公司, has been established with a focus on renewable energy services [1] - The legal representative of the new company is Wang Jun [1] - The company is wholly owned by 大唐发电 (Datang Power) [1] Group 2 - The business scope of the new company includes wind power generation technology services, solar power generation technology services, and emerging energy technology research and development [1]

Group 1 - The core point of the article is the establishment of a new energy company by Datang Power Generation in Beijing, named Datang Qingfa (Beijing) New Energy Co., Ltd [1] - The legal representative of the newly established company is Wang Jun [1] - The business scope of the new company includes wind power generation technology services, solar power generation technology services, and emerging energy technology research and development [1] - Datang Qingfa (Beijing) New Energy Co., Ltd is wholly owned by Datang Power Generation (601991) [1]

Core Viewpoint - The central enterprises in the power and energy sector are focusing on new energy development, innovative storage solutions, improving electricity market mechanisms, and expanding overseas business in the second half of 2025, driven by the "dual carbon" goals [2]. Group 1: National Grid Corporation - The National Grid aims to strengthen safety production, ensure reliable electricity supply during peak summer demand, and enhance strategic research for its "14th Five-Year Plan" [3]. - The company plans to increase investment in the grid, improve supply capacity, and support the integration of renewable energy [3]. - Emphasis will be placed on market competition and technological innovation to foster new growth points [3]. Group 2: Southern Power Grid - The Southern Power Grid is prioritizing the construction of a new energy system and enhancing the integration of renewable energy [5][6]. - The company will focus on digital transformation to improve operational efficiency and smart grid capabilities [5]. - Continuous reform of the electricity market and strengthening regional market connections are also key objectives [7]. Group 3: Huaneng Group - Huaneng Group is committed to high-quality development of renewable energy, with a current installed capacity of 110 million kilowatts and over 54% from clean energy [8]. - The company plans to accelerate the development of large-scale renewable energy bases [8]. Group 4: Huadian Group - Huadian Group aims to expand effective investment and accelerate the production of key projects, including an 8 million kilowatt project in Xinjiang [9]. - The focus will be on increasing clean energy development and enhancing production capabilities [9]. Group 5: State Energy Group - The State Energy Group is enhancing its technology innovation system, focusing on clean coal utilization and renewable energy technologies [10]. - The company is also promoting the construction of digital intelligence systems and expanding its renewable energy capacity [10]. Group 6: Datang Group - Datang Group emphasizes safety production and energy supply for the capital, while accelerating green and low-carbon transformation [11]. - The company aims to integrate technological innovation with industrial development [11]. Group 7: State Power Investment Corporation - The State Power Investment Corporation is focused on expanding effective investments in renewable resources and major projects [12]. - The company aims to achieve breakthroughs in national technology projects and promote the integration of industry and innovation [12]. Group 8: China General Nuclear Power Group - China General Nuclear Power Group is prioritizing the high-quality completion of its "14th Five-Year Plan" [15]. Group 9: China Energy Engineering Group - China Energy Engineering Group is focusing on high-quality completion of its "14th Five-Year Plan" evaluation and planning for the "15th Five-Year Plan" [16]. Group 10: China Power Construction Group - China Power Construction Group is committed to completing annual targets and enhancing management levels while expanding market share [17].

Industry Overview - The performance of the Shenwan Electric New Energy sector decreased by 2.62%, ranking 24th among 31 industries, while the Shenwan Public Utilities sector fell by 1.84%, ranking 13th [1][2] - During the same period, the CSI 300 index declined by 1.75%, and the Wind Information All A index dropped by 1.09% [2] Key Developments - The Ministry of Industry and Information Technology (MIIT) has initiated energy-saving inspections for 41 polysilicon companies to promote energy conservation and green development in the polysilicon industry [2] - Abu Dhabi Future Energy Company (Masdar) and Spanish company Iberdrola have partnered to invest in the UK's largest offshore wind project with a capacity of 1.4 GW, setting a new reference for international cooperation in renewable energy [2] Company Insights - CATL (Contemporary Amperex Technology Co., Limited) anticipates small-scale production of solid-state batteries by 2027, with larger-scale production expected around 2030 [3] - Guangdong Province has decided to raise the capacity price for coal and gas power plants, with coal power capacity price set at 165 yuan per kilowatt per year starting January 1, 2026 [3] Investment Recommendations - The report maintains a "recommended" rating for the electric new energy and public utility sectors, suggesting to focus on leading photovoltaic companies such as Aiko Solar, Longi Green Energy, and Tongwei Co., Ltd. [4] - In the wind power sector, it is advised to pay attention to component manufacturers like Jinlei Co., Ltd. and Dayun Heavy Industry [5] - For lithium battery investments, companies in the iron-lithium and anode segments such as Hunan Youneng and Shanghai Xiba are highlighted [5]