| 证券代码：603689 | 证券简称：皖天然气 | 公告编号：2025-085 | | --- | --- | --- | | 债券代码：113631 | 债券简称：皖天转债 | | 安徽省天然气开发股份有限公司 1.身份类别 投资者及其一致行动人的身份 ☑控股股东/实际控制人及其一致行动人 □其他 5%以上大股东及其一致行动人 □合并口径第一大股东及其一致行动人（仅适用 于无控股股东、实际控制人） □其他______________（请注明） 关于控股股东及其一致行动人权益变动 触及 1%刻度的提示性公告 投资者及其一致行动人安徽省能源集团有限公司、保证向本公司提供的信息真实、 准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息一致。 一、 信息披露义务人及其一致行动人的基本信息 2.信息披露义务人信息 | 信息披露义务人名称 | | 投资者身份 | 统一社会信用代码 | | --- | --- | --- | --- | | | ☑ | 控股股东/实控人 | | | 安徽省能源集团有限 | □ | 控股股东/实控人的一致 | 91340000 ...

Core Points - The company announced that as of November 6, 2025, a total of 166 million yuan of "Wanjian Convertible Bonds" will be converted into A-share common stock, resulting in a total of 23.6848 million shares being converted [1] - The company's total share capital will increase from 485 million shares to 501 million shares due to this conversion [1] - The controlling shareholder, Anhui Energy Group Co., Ltd., and its concerted parties will not change their total shareholding, but their ownership percentage will be diluted from 48.29% to 46.69% due to the increase in total share capital [1] - This change in equity is a result of the bond conversion and does not trigger a mandatory tender offer, nor will it affect the company's governance structure or ongoing operations [1]

Core Insights - The gas sector experienced a slight increase of 0.44% on November 5, with Shouhua Gas leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Gas Sector Performance - Shouhua Gas (300483) closed at 14.85, with a rise of 4.72% and a trading volume of 279,000 shares, amounting to a transaction value of 413 million yuan [1] - ST Jinwan (000669) and Shuifa Gas (603318) also showed significant gains, with increases of 4.35% and 3.55% respectively [1] - The overall trading volume and transaction values for various gas stocks indicate active market participation [1] Fund Flow Analysis - The gas sector saw a net outflow of 169 million yuan from institutional investors, while retail investors contributed a net inflow of 218 million yuan [2] - Notable stocks like Shouhua Gas and Changchun Gas experienced varying levels of net inflow and outflow from different investor categories [3] - The data indicates a mixed sentiment among different investor types, with institutional investors pulling back while retail investors increased their positions [2][3]

安徽省天然气开发股份有限公司 2025 年第四次临时股东会 会议资料 二零二五年十一月十四日 | | | 安徽省天然气开发股份有限公司 2025 年第四次临时股东会会议资料 会议须知 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率， 保证会议的顺利进行，根据安徽省天然气开发股份有限公司《公司章程》 《股东会议事规则》等相关法律法规和规定，特制定本须知，望出席股东 会的全体人员遵照执行。 一、本次会议期间，全体参会人员应维护股东的合法权益、确保会议 的正常秩序和议事效率，自觉履行法定义务。 二、为保证本次会议的严肃性和正常秩序，切实维护股东的合法权益， 务必请出席现场会议的股东（包括股东代理人，下同）携带相关证件，提 前到达会场，登记参会资格并签到。未能提供有效证件并办理签到的，不 得参加现场表决和发言。除出席现场会议的股东及股东代表、董事、高级 管理人员、公司聘请的律师及公司董事会认可的人员以外，公司有权依法 拒绝其他人士入场。 三、进入会场后，请关闭手机或调至振动状态。除会务组工作人员外， 谢绝个人录音、拍照及录像，场内请勿大声喧哗。对干扰会议正常秩序、 寻衅滋事和侵犯其他股东合法权益的行为，工 ...

11月4日，皖天然气大宗交易成交56.8万股，成交额510.63万元，占当日总成交额的10.02%，成交价8.99元，较市场收盘价9.09元折价1.1%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | 2025-11-04 | 皖天然气 | 603689 | 8.99 510.63 | 56.8 | 国泰海通证券股份 有限公司上海景吃 | 国泰海通证券股份 更快公司上海景站 | | ...

一、可转债发行上市概况 （一）可转债发行情况 | 证券代码：603689 | 证券简称：皖天然气 | 编号：2025-084 | | --- | --- | --- | | 债券代码：113631 | 债券简称：皖天转债 | | 安徽省天然气开发股份有限公司 关于"皖天转债"可能满足赎回条件的提示性公告 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。 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准安徽省 天然气开发股份有限公司公开发行可转换公司债券的批复》（证监许可〔2021〕 2733号）核准，公司于2021年11月8日向不特定对象发行了930万张可转换公司债 券，每张面值为人民币100.00元，募集资金总额为人民币93,000万元，扣除不含 税的发行费用人民币297.97万元后，募集资金净额为人民币92,702.03万元。上 述募集资金已于2021年11月12日到位。上述资金到位情况业经容诚会计师事务所 （特殊普通合伙）容诚验字〔2021〕230Z0276号《验资报告》审验。公司对募集 资金采取了专户存储制度 ...

Group 1 - The core viewpoint of the news is that Anhui Gas has shown a positive stock performance with a 5.83% increase year-to-date and a recent rise in trading activity, indicating potential investor interest [1] - As of November 3, Anhui Gas's stock price reached 9.08 CNY per share, with a market capitalization of 4.451 billion CNY and a trading volume of 38.3854 million CNY [1] - The company has seen a net inflow of main funds amounting to 6.775 million CNY, with significant buying activity from large orders [1] Group 2 - For the period from January to September 2025, Anhui Gas reported operating revenue of 3.812 billion CNY, a year-on-year decrease of 10.30%, and a net profit attributable to shareholders of 262 million CNY, down 7.31% year-on-year [2] - The company has distributed a total of 761 million CNY in dividends since its A-share listing, with 459 million CNY distributed over the past three years [3] Group 3 - Anhui Gas's main business segments include long-distance pipeline construction and operation (57.28%), urban gas (33.42%), CNG/LNG (6.23%), charging and swapping business (1.92%), and other supplementary services (1.15%) [1] - The company is classified under the public utility sector, specifically in gas services, and is associated with concepts such as natural gas, Anhui state-owned assets, state-owned enterprise reform, small-cap stocks, and the automotive aftermarket [1]

Core Viewpoint - Wan Gas is a significant player in the natural gas industry in Anhui Province, with a focus on long-distance gas pipelines and various gas-related services, facing challenges in revenue and profit growth in recent quarters [1][2][6]. Group 1: Company Overview - Wan Gas was established on February 14, 2003, and listed on the Shanghai Stock Exchange on January 10, 2017, with its headquarters in Hefei, Anhui Province [1]. - The company specializes in the construction and operation of long-distance natural gas pipelines, CNG/LNG, and urban gas services, holding a first-mover advantage in the province [1]. Group 2: Financial Performance - For Q3 2025, Wan Gas reported revenue of 3.812 billion yuan, ranking 11th in the industry, while the net profit was 267 million yuan, ranking 10th [2]. - The company's revenue for the first three quarters of 2025 was 3.812 billion yuan, a year-on-year decline of 10.3%, and the net profit was 262 million yuan, down 7.31% [6]. Group 3: Financial Ratios - As of Q3 2025, Wan Gas had a debt-to-asset ratio of 47.71%, which is higher than the industry average of 46.36% [3]. - The gross profit margin for the same period was 12.81%, below the industry average of 16.52% [3]. Group 4: Management Compensation - The chairman, Wu Hai, received a salary of 818,800 yuan in 2024, an increase of 97,500 yuan from 2023 [4]. - The general manager, Tao Qingfu, earned 674,700 yuan in 2024, up 64,000 yuan from the previous year [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.98% to 15,200, while the average number of circulating A-shares held per shareholder increased by 0.98% to 31,900 [5]. Group 6: Future Outlook - National Investment Securities projects Wan Gas's revenue for 2025 to be 5.918 billion yuan, with a growth rate of 2.1%, and net profit to be 376 million yuan, with a growth rate of 13% [6].

Investment Rating - The investment rating for the company is maintained at "Buy-A" with a target price of 10.73 CNY, while the current stock price is 8.72 CNY [6]. Core Views - The company reported a decline in revenue and net profit for the third quarter of 2025, with revenue at 1.138 billion CNY, down 14.30% year-on-year, and net profit at 77.39 million CNY, down 16.91% year-on-year [1]. - The company is focusing on cost control and enhancing its natural gas pipeline transportation efficiency, with a gross margin increase of 0.6 percentage points to 12.81% [2]. - The company has a strong regional advantage in the Anhui natural gas market, with its pipeline network covering 16 cities and 41 counties [3]. Summary by Sections Financial Performance - For the first three quarters of 2025, the company achieved revenue of 3.812 billion CNY, a decrease of 10.30% year-on-year, and a net profit of 262 million CNY, down 7.31% year-on-year [1]. - The company expects revenues for 2025-2027 to be 5.918 billion CNY, 6.629 billion CNY, and 7.464 billion CNY, with growth rates of 2.1%, 12%, and 12.6% respectively [4]. Operational Strategy - The company is actively extending its industrial chain and enhancing its pipeline transportation capabilities, which is expected to support downstream market development [3]. - The company is implementing smart management applications in urban gas distribution, utilizing IoT devices for real-time data collection [2]. Market Position - The company has established a competitive position in the natural gas market in Anhui, leveraging its pipeline infrastructure to provide stable transportation services [3]. - The company is also exploring opportunities in LNG resources to enhance its market competitiveness [3].

| 证券代码：603689 | 证券简称：皖天然气 | 编号：2025-083 | | --- | --- | --- | | 债券代码：113631 | 债券简称：皖天转债 | | 安徽省天然气开发股份有限公司（以下简称"本公司"）于 2021 年 11 月 8 日发行的可转换公司债券（以下简称"本期债券"或"皖天转债"），将于 2025 年 11 月 10 日开始支付自 2024 年 11 月 8 日至 2025 年 11 月 7 日期间的利息。根 据《安徽省天然气开发股份有限公司公开发行可转换公司债券募集说明书》（以 下简称"《募集说明书》"）及《安徽省天然气开发股份有限公司公开发行可转 换公司债券上市公告书》（以下简称"《上市公告书》"）有关条款的规定，现 将有关事项公告如下： 一、可转债发行上市概况 1.债券名称：安徽省天然气开发股份有限公司可转换公司债券 可转债付息债权登记日：2025年11月7日 可转债除息日：2025年11月10日 可转债兑息日：2025年11月10日 本次每百元兑息金额：1.5元 2.债券代码：113631 3.债券简称：皖天转债 4.债券类型：可转换为公司 A 股股票的可转 ...