成为最具价值创造力的清洁能源服务商 重要内容提示： 证券代码：605090 证券简称：九丰能源 公告编号：2025-099 江西九丰能源股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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。 问题征集方式：投资者可于 2025 年 10 月 28 日（星期二）至 11 月 3 日（星期 一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关 系邮箱 jxjf@jovo.com.cn 进行提问。公司将在说明会上就投资者普遍关注的问题进行回答。 江西九丰能源股份有限公司（以下简称"公司"）已于 2025 年 10 月 28 日发布公 司《2025 年第三季度报告》，为便于广大投资者更全面深入地了解公司天然气业务、 LPG 业务、特种气体业务发展情况与未来规划，以及 2025 年第三季度的经营情况，公 司计划于 2025 年 11 月 4 日（星期二）13:00-14:00 举行 2025 年第三季度业绩说明会， 就投资者关心的问题进行交流。 一、业绩 ...

成为最具价值创造力的清洁能源服务商 证券代码：605090 证券简称：九丰能源 公告编号：2025-101 江西九丰能源股份有限公司 关于公司为子公司提供担保的公告 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： 被担保人名称：广东九丰能源集团有限公司（以下简称"九丰集团"）、东莞 市九丰能源有限公司（以下简称"东九能源"）、新加坡碳氢能源有限公司（以下简 称"碳氢能源"）、海南九丰特种气体有限公司（以下简称"海南九丰特气"），均 为江西九丰能源股份有限公司（以下简称"公司""上市公司"或"九丰能源"）合 并报表范围内子公司。 本次担保本金金额合计：最高不超过人民币 224,200.00 万元。 已实际为上述被担保人提供的担保金额：截至 2025 年 10 月 24 日，公司及子 公司为九丰集团、东九能源、碳氢能源、海南九丰特气实际担保余额分别为人民币 43,344.04 万元、73,331.66 万元、74,853.87 万元、17,521.14 万元。 本次担保是否有反担保：无。 对外担保逾期的累计数量：无 ...

成为最具价值创造力的清洁能源服务商 证券代码：605090 证券简称：九丰能源 公告编号：2025-100 江西九丰能源股份有限公司 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。 关于第一期员工持股计划存续期即将届满的提示性公告 鉴于江西九丰能源股份有限公司（以下简称"公司"）第一期员工持股计划（以下 简称"本员工持股计划"）存续期将于 2026 年 4 月 26 日届满，根据《关于上市公司实 施员工持股计划试点的指导意见》及《上海证券交易所上市公司自律监管指引第 1 号— —规范运作》等规定，上市公司应当在员工持股计划届满前 6 个月公告到期计划持有的 股票数量以及占公司股本总额的比例。现将相关情况公告如下： 一、本员工持股计划的主要情况 2022 年 8 月 19 日，公司分别召开第二届董事会第二十二次会议、第二届监事会第 十六次会议，审议通过《关于<江西九丰能源股份有限公司第一期员工持股计划（草案）> 及其摘要的议案》《关于<江西九丰能源股份有限公司第一期员工持股计划管理办法> 的议案》等议案。具体内容详见公司于 20 ...

成为最具价值创造力的清洁能源服务商 证券代码：605090 证券简称：九丰能源 公告编号：2025-098 经审核，监事会认为：董事会编制和审议公司《2025 年第三季度报告》的程序符合 相关法律、行政法规和中国证券监督管理委员会的规定，报告内容真实、准确、完整地 反映了公司的实际经营情况，不存在虚假记载、误导性陈述或者重大遗漏。 江西九丰能源股份有限公司 第三届监事会第十五次会议决议公告 本公司监事会及全体监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、监事会会议召开情况 江西九丰能源股份有限公司（以下简称"公司"）第三届监事会第十五次会议于 2025 年 10 月 27 日（星期一）以现场表决方式召开。会议通知于 2025 年 10 月 24 日（星期 五）以电子邮件等方式送达全体监事。本次会议应出席监事三人，实际出席监事三人， 会议由监事会主席慕长鸿先生召集并主持。公司董事会秘书黄博先生列席本次会议。本 次会议的召集、召开及表决程序符合有关法律法规和《公司章程》的相关规定。 二、监事会会议审议情况 经与会监事认真审议，本次会议表决通过 ...

成为最具价值创造力的清洁能源服务商 二、董事会会议审议情况 经与会董事认真审议，本次会议表决通过了以下决议： （一）审议通过《关于<2025 年第三季度报告>的议案》 具体内容详见同日在上海证券交易所网站（www.sse.com.cn）披露的《2025 年第三 季度报告》。 证券代码：605090 证券简称：九丰能源 公告编号：2025-097 江西九丰能源股份有限公司 第三届董事会第十六次会议决议公告 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。 一、董事会会议召开情况 江西九丰能源股份有限公司（以下简称"公司"）第三届董事会第十六次会议于 2025 年 10 月 27 日（星期一）以现场结合通讯表决方式召开。会议通知于 2025 年 10 月 24 日（星期五）以电子邮件等方式送达全体董事。本次会议应出席董事八人，实际出席董 事八人，会议由董事长张建国先生召集并主持。公司全体监事及高级管理人员列席本次 会议。会议的召集、召开及表决程序符合有关法律法规和《公司章程》的相关规定。 本议案已经第三届董事会审计委员会第十二次会议 ...

Financial Performance - In Q3 2025, the company achieved operating revenue of CNY 518,034.73 million, a year-on-year decrease of 10.39%[6] - The net profit attributable to shareholders was CNY 38,032.77 million, down 11.29% year-on-year, while the net profit excluding non-recurring gains and losses was CNY 34,345.50 million, a decline of 18.26%[6] - The company's operating revenue for the year-to-date period decreased by 8.45%, primarily due to a decline in sales prices of clean energy products (LNG, LPG) compared to the same period last year[22] - The net profit attributable to shareholders for the year-to-date period decreased by 19.13%, reflecting overall market conditions[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period decreased by 4.44%[22] - The net profit for the first three quarters of 2025 is CNY 1,253,564,248.51, a decrease of 18.96% compared to CNY 1,547,645,720.65 in the same period of 2024[44] - The operating profit for the first three quarters of 2025 is CNY 1,335,213,454.72, down from CNY 1,725,191,835.55 in 2024, reflecting a decline of 22.66%[42] - The total comprehensive income for the first three quarters of 2025 is CNY 1,235,943,329.06, compared to CNY 1,544,209,825.12 in 2024, a decrease of 20.00%[44] Business Segment Performance - The company's LNG business showed resilience with improved gross profit per ton, despite a decrease in spot trading volume[7] - The LPG business faced challenges due to extreme weather, impacting pre-tax profit by approximately CNY 82 million, while operational efficiency and brand influence improved significantly[7] - Planned dry-docking of LPG vessels reduced service income and increased operational costs, affecting pre-tax profit by about CNY 15 million[7] - For Q4 2025, LNG business profitability is expected to improve as domestic natural gas prices recover, with a good match between supply and downstream demand[10] - The completion of tank repairs at the Guangzhou Huakai receiving station is anticipated to boost LPG sales in Q4, with extreme weather impacts now resolved[10] - The energy logistics service business is expected to see a recovery in profitability in Q4 2025, following the resumption of capacity services after planned repairs[28] - The LPG sales are anticipated to increase steadily in Q4 2025 following the completion of tank repairs and the successful import of cross-period LPG resources[28] Project Development - The company is actively advancing key projects such as the Xinjiang coal-to-natural gas project and LNG factory, which incurred related expenses impacting current profits[8] - The company plans to accelerate the development of the Xinjiang coal-to-natural gas project and enhance the LPG storage base in Huizhou for normalized operations in 2026[11] - The company aims to advance LNG plant projects and specialty gas projects to support long-term high-quality development and performance growth[31] Cash Flow and Investments - The net cash flow from operating activities increased by 24.04% year-to-date, mainly due to the impact of sales and procurement settlement timing in the previous year[22] - The company's cash and cash equivalents as of September 30, 2025, were CNY 4.63 billion, down from CNY 5.86 billion at the end of 2024, a decline of approximately 21.0%[32] - The company's long-term equity investments increased to CNY 862.07 million from CNY 668.00 million, reflecting a growth of about 29.0%[34] - The company's total current assets as of September 30, 2025, were CNY 7.61 billion, a slight decrease from CNY 7.76 billion at the end of 2024, indicating a decline of approximately 1.9%[34] - The cash flow from operating activities netted CNY 1,015,438,353.69 in 2025, an increase of 24.06% from CNY 818,668,636.67 in 2024[49] - The investment income for the first three quarters of 2025 is CNY 111,903,411.75, significantly higher than CNY 50,326,140.77 in 2024, marking an increase of 122.00%[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,814[24] - The largest shareholder, Guangdong Jiufeng Investment Holdings Co., Ltd., holds 200,600,568 shares, accounting for 29.55% of total shares[24] Assets and Liabilities - As of September 30, 2025, the company's total assets amounted to CNY 16.11 billion, an increase from CNY 15.15 billion as of December 31, 2024, reflecting a growth of approximately 6.3%[38] - The company's total liabilities decreased to CNY 5.20 billion from CNY 5.54 billion, representing a reduction of about 6.1%[38] - The company's total equity attributable to shareholders increased to CNY 10.53 billion from CNY 9.26 billion, representing a growth of about 13.7%[38]

成为最具价值创造力的清洁能源服务商 证券代码：605090 证券简称：九丰能源 江西九丰能源股份有限公司 2025 年第一次临时股东大会会议资料 二〇二五年十月 1 | 2025 | 年第一次临时股东大会会议须知 | 3 | | --- | --- | --- | | 2025 | 年第一次临时股东大会会议议程 | 5 | | 2025 | 年第一次临时股东大会会议议案 | 7 | | | 议案一、关于拟对外投资建设新疆煤制天然气项目的议案 7 | | | | 议案二、关于《取消监事会、变更注册资本暨修订<公司章程>》的议案 17 | | | | 议案三、关于修订、制定相关制度的议案 | 48 | | | 附件 《股东大会议事规则》修订对照表 49 3-1 | | | | 附件 3-2 《董事会议事规则》修订对照表 | 54 | | | 附件 《关联交易管理制度》 3-3 | 59 | | | 附件 3-4 《融资与对外担保管理办法》 | 69 | | | 附件 《对外投资管理制度》 3-5 | 75 | | | 附件 3-6 《独立董事工作制度》 | 80 | | | 附件 《募集资金使用管理办法》 3-7 ...

九丰能源公告，第三季度营收为51.8亿元，同比下降10.39%；净利润为3.8亿元，同比下降11.29%。前 三季度营收为156.08亿元，同比下降8.45%；净利润为12.41亿元，同比下降19.13%。 ...

Investment Rating - The report maintains an "Overweight" rating for the gas industry [1] Core Insights - The report highlights that colder weather has led to an increase in gas prices in the US and China, while Europe has entered the inventory withdrawal season with a slight price increase [1][9] - It emphasizes the ongoing adjustments in pricing mechanisms and the gradual recovery of demand, suggesting a positive outlook for gas companies [1][48] Price Tracking - As of October 24, 2025, gas prices have changed week-on-week as follows: US HH +25.4%, European TTF +1.2%, East Asia JKM +0.5%, China LNG ex-factory +6.5%, and China LNG CIF +0.4% [9][11] - The report notes that the price inversion between domestic and international markets has ended [9] Supply and Demand Analysis - The US natural gas market saw a week-on-week price increase of 25.4% due to colder weather, with storage levels rising by 870 billion cubic feet to 38,080 billion cubic feet, a year-on-year increase of 0.6% [14] - In Europe, gas prices increased by 1.2% as the region entered the inventory withdrawal phase, with gas consumption from January to July 2025 reaching 265.4 billion cubic meters, a year-on-year increase of 5% [15] - Domestic gas prices in China rose by 6.5% due to colder weather, with apparent consumption from January to September 2025 increasing by 0.7% to 318.8 billion cubic meters [21][24] Pricing Progress - Nationwide, 65% of cities have implemented residential pricing adjustments, with an average increase of 0.21 yuan per cubic meter [33] - The report indicates that there is still a 10% room for price adjustment in the gas distribution sector [33] Investment Recommendations - The report recommends focusing on companies that can optimize costs and benefit from the ongoing pricing adjustments, highlighting key companies such as Xin'ao Energy, China Gas, and Kunlun Energy [49] - It suggests monitoring companies with quality long-term contracts and flexible scheduling capabilities, such as Jiufeng Energy and Xin'ao Shares [49] - The report also emphasizes the importance of energy independence and suggests关注ing companies with gas production capabilities like New Natural Gas and Blue Flame Holdings [49]

Core Insights - The article highlights the top-performing stocks in the S&P China A-Share Dividend Opportunity Index, showcasing significant price increases and dividend yields [1] Group 1: Stock Performance - Tianshan Aluminum (002532.SZ) leads with a year-to-date increase of 68.53% and a recent gain of 5.12%, along with a dividend yield of 3.07% [1] - Postal Savings Bank of China (601658.SH) shows a year-to-date increase of 10.83% and a recent gain of 4.71%, with a dividend yield of 3.60% [1] - DeYe Co., Ltd. (605117.SH) has a year-to-date increase of 30.95% and a recent gain of 4.61%, with a dividend yield of 3.52% [1] - Mercury Home Textiles (603365.SH) reports a year-to-date increase of 22.70% and a recent gain of 4.35%, with a dividend yield of 4.68% [1] - Action Education (605098.SH) has a year-to-date increase of 22.78% and a recent gain of 3.51%, with a dividend yield of 5.45% [1] Group 2: Additional Notable Stocks - China Petroleum (601857.SH) shows a year-to-date increase of 8.39% and a recent gain of 3.15%, with a dividend yield of 5.12% [1] - Shenhuo Co., Ltd. (000933.SZ) has a year-to-date increase of 45.92% and a recent gain of 2.97%, with a dividend yield of 3.33% [1] - Yutong Bus (600066.SH) reports a year-to-date increase of 18.44% and a recent gain of 2.82%, with a dividend yield of 6.77% [1] - Tunnel Engineering (600820.SH) has a year-to-date increase of 2.68% and a recent gain of 2.73%, with a dividend yield of 4.48% [1] - Jiangsu Guotai (002091.SZ) shows a year-to-date increase of 22.25% and a recent gain of 2.14%, with a dividend yield of 4.66% [1]