Core Viewpoint - The announcement highlights that the cumulative amount of the "Wangtian Convertible Bond" converted into shares has reached 10% of the company's total issued shares prior to conversion, indicating significant shareholder engagement and potential dilution of existing shares [2][8]. Summary by Sections Convertible Bond Issuance Overview - The company issued 9.3 million convertible bonds on November 8, 2021, with a total fundraising amount of 930 million yuan, netting 927.02 million yuan after expenses [3]. - The bonds were listed on the Shanghai Stock Exchange on December 10, 2021, under the name "Wangtian Convertible Bond" with the code "113631" [3]. Conversion Period and Amount - The conversion period for the "Wangtian Convertible Bond" is from May 12, 2022, to November 7, 2027 [4]. - As of November 17, 2025, the cumulative conversion amount reached 334,119,000 yuan, resulting in 48,325,283 shares, which is 10.27% of the total shares before conversion [2][8]. Unconverted Bonds - As of November 17, 2025, there remains 595,881,000 yuan of unconverted bonds, accounting for 64.07% of the total issuance [2][8]. Share Capital Changes - The company experienced changes in share capital due to a 4-for-10 bonus share issuance in June 2022 and stock buybacks in 2023 and 2025 [9]. Shareholder Dilution - The conversion has led to dilution for major shareholders, including the controlling shareholder, Anhui Energy Group Co., Ltd., and other shareholders holding more than 5% of the shares [10].

Core Viewpoint - The announcement from Wan Gas indicates the issuance of "Wan Tian Convertible Bonds" with a conversion period from May 12, 2022, to November 7, 2027, highlighting significant capital raised through conversion [2] Summary by Sections - **Convertible Bond Details** - The conversion period for the "Wan Tian Convertible Bonds" is set from May 12, 2022, to November 7, 2027 [2] - From May 12, 2022, to November 17, 2025, the total conversion amount reached 334,119,000 yuan, resulting in the issuance of 48,325,283 shares [2] - The newly issued shares represent 10.27% of the company's total shares prior to the conversion [2]

| 证券代码：603689 | 证券简称：皖天然气 | 编号：2025-091 | | --- | --- | --- | | 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"转股数额累计达到转股前公司 已发行股份总额 10%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。 重要内容提示： 累计转股情况："皖天转债"自 2022 年 5 月 12 日进入转股期，截至 2025 年 11 月 17 日，累计转股金额 334,119,000 元，因转股形成的股份数量为 48,325,283 股，占可转债转股前本公司已发行股份总额的 10.27%。 未转股可转债情况：截至 2025 年 11 月 17 日，"皖天转债"尚有 595,881,000 元未转股，占"皖天转债"发行总量的 64.07%。 一、可转债发行上市概况 （一）可转债发行情况 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〔 ...

Core Viewpoint - The announcement details the passive dilution of shareholding for the controlling shareholder, Anhui Energy Group Co., Ltd., due to the conversion of "Wan Tian Convertible Bonds" into A-shares, resulting in a decrease in their ownership percentage from 45.98% to 44.64% [2][3][11]. Group 1: Shareholding Changes - As of November 14, 2025, a total of 322,721,000 yuan of "Wan Tian Convertible Bonds" has been converted into 46,650,738 shares of the company, increasing the total share capital from 509,133,202 shares to 524,354,598 shares [2][3]. - The initial conversion price of the bonds was 11.12 yuan per share, which has now decreased to 6.81 yuan per share [2][3][14]. Group 2: Impact of Conversion - The conversion of the bonds does not trigger a mandatory tender offer and will not change the company's controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations [3][11]. - The bondholders' decision to convert their bonds into shares remains uncertain, which may lead to further changes in shareholding proportions in the future [3][15]. Group 3: Regulatory Compliance - The announcement complies with the requirements set forth by the China Securities Regulatory Commission and relevant laws regarding the disclosure of equity changes [4][7]. - The report confirms that the information provided is accurate and complete, with no misleading statements or significant omissions [8][17].

安徽省能源集团有限公司 一致行动人：安徽省皖能股份有限公司 住所：安徽省合肥市包河区马鞍山路76号能源大厦 通讯地址：安徽省合肥市包河区马鞍山路76号能源大厦 简式权益变动报告书 上市公司名称：安徽省天然气开发股份有限公司 股票上市地点：上海证券交易所 股票简称：皖天然气 股票代码：603689 信息披露义务人：安徽省能源集团有限公司 住所：安徽省合肥市包河区马鞍山路76号能源大厦 通讯地址：安徽省合肥市包河区贵州路491号皖能智能管控中心25-27层 一致行动人：安徽省皖能资本投资有限公司 住所：中国（安徽）自由贸易试验区合肥市高新区望江西路900号中安创 谷科技园一期A3A4栋6层658室 通讯地址：安徽省合肥市包河区马鞍山路76号能源大厦 股份变动性质：持股数量不变，持股比例减少（可转债转股、限制性股票激 励计划实施致权益比例减少） 签署日期：2025年11月17日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》《中华人民共和国证券 法》《上市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则 第15号—权益变动报告书》及其他相关的法律、法规编写本报告书。 二、信息披露义务 ...

| 证券代码：603689 | 证券简称：皖天然气 | 公告编号：2025-090 | | --- | --- | --- | | 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 二、 权益变动触及 1%及 5%整倍数的基本情况 1.身份类别 | | ☑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 | | --- | --- | | 投资者及其一致行动人的身份 | □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） | 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 | 91340000148941608M ☑ | | 公司 | 行动人 | | □ 不适用 | | | □ | 其他直接持股股东 | | | | □ | 控股股东/实控人 | | | 安徽省皖能股 ...

Meeting Overview - The fourth temporary shareholders' meeting of Anhui Natural Gas Development Co., Ltd. was held on November 14, 2025, at the Wanan Intelligent Control Center in Hefei, Anhui Province [2] - The meeting was convened by the board of directors and chaired by Chairman Wu Hai, utilizing a combination of on-site and online voting [2][3] Attendance and Voting - All 12 current directors attended the meeting, along with the board secretary and other senior executives [3] - The voting methods complied with the Company Law and the company's articles of association, ensuring the legitimacy of the meeting [2][6] Resolutions Passed - The proposal to amend the company's articles of association was approved [4] - The election of the fifth board of directors was conducted using a cumulative voting system, with all proposals receiving valid approval [5] - The election of Mr. Zhou Hengxiang as the vice chairman of the company was approved with unanimous support (12 votes in favor) [8][9] - Mr. Zhou Hengxiang was also elected as a member of the board's strategic and nomination committees, effective immediately [10][11] - The proposal regarding the compensation of the management team was approved, with non-related directors voting in favor [11]

Group 1 - The core point of the article is that Anhui Gas (SH 603689) held its fifth board meeting on November 14, 2025, to discuss the compensation plan for its management team [1] - For the year 2024, the revenue composition of Anhui Gas is as follows: natural gas sales account for 98.2%, charging and swapping services account for 1.12%, and other businesses account for 0.68% [1] - As of the time of reporting, Anhui Gas has a market capitalization of 4.6 billion yuan [1]

| 证券代码：603689 | 证券简称：皖天然气 公告编号：2025-089 | | --- | --- | | 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 2025年第四次临时股东会决议公告 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)股东会召开的时间：2025 年 11 月 14 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： | 1、出席会议的股东和代理人人数 | 84 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 343,465,454 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 68.5000 | (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次会议由公司董事会召集，公司董事长吴海先生主持，会议采取现场及网 络投票相结合的方式召开，会议的召集、召开、 ...

致：安徽省天然气开发股份有限公司 依据《证券法》《公司法》《上市公司股东会规则》和《安徽 省天然气开发股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，安徽天禾律师事务所接受安徽省天然气开发股份有限 公司（以下简称"公司"）的委托，指派阮翰林、吴佳玥两位律师 （以下简称"本所律师"）就公司于 2025 年 11 月 14 日召开的 2025 年第四次临时股东会（以下简称"本次股东会"）出具本法律意见 书。 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责 精神，参与了本次股东会并对公司提供的有关文件和事实进行了核 查和验证，现发表法律意见如下： 法律意见书 安徽天禾律师事务所 关于安徽省天然气开发股份有限公司 二○二五年第四次临时股东会的法律意见书 一、本次股东会的召集与召开 （一）本次股东会的召集 本次股东会由公司董事会召集。公司董事会于 2025 年 10 月 30 日在《上海证券报》《证券时报》《证券日报》和公司指定的信息 披露网站上刊登了《安徽省天然气开发股份有限公司关于召开 2025 年第四次临时股东会的通知》。 （二）本次股东会的召开 法律意见书 1、本次股东会于 2025 年 1 ...