九丰能源（605090）公告，2025年第一季度营收为54.84亿元，同比下降13.41%；净利润为5.06亿元， 同比增长5.40%。 ...

Group 1 - The core index of the CSI 1000 Public Utilities Index closed at 3151.51 points, with mixed performance among the three major A-share indices [1] - The CSI 1000 Public Utilities Index has decreased by 0.62% over the past month, increased by 3.49% over the past three months, and has declined by 3.66% year-to-date [2] - The index is composed of liquid and representative securities from various industries, providing diverse investment options for investors [2] Group 2 - The top ten weighted stocks in the CSI 1000 Public Utilities Index include Jilin Electric Power (6.89%), Jinkai New Energy (5.33%), and Linyang Energy (5.24%) [2] - The index's holdings are primarily from the Shanghai Stock Exchange (55.26%) and the Shenzhen Stock Exchange (44.74%) [2] - The industry composition of the index shows that electricity and grid account for 72.26%, gas for 15.98%, water services for 10.17%, and heating and others for 1.59% [2] Group 3 - The index samples are adjusted semi-annually, with adjustments implemented on the next trading day following the second Friday of June and December [3] - In special circumstances, the index may undergo temporary adjustments, such as when a sample stock is delisted or undergoes mergers, acquisitions, or splits [3] - Changes in the industry classification of sample stocks will also lead to corresponding adjustments in the CSI 1000 industry index [3]

截至2025年4月9日收盘，九丰能源(605090)报收于23.81元，下跌1.29%，换手率0.68%，成交量4.39万 手，成交额1.05亿元。 董秘最新回复 投资者： 最近很多公司发布了回购公告，请问贵司现在股价创了阶段性新低，请问贵司有无回购注销 或者增持计划？ 董秘： 尊敬的投资者，您好！公司目前经营一切正常，力争以良好的经营业绩回报广大投资者。自 2021年上市以来，公司持续积极通过现金分红、股份回购等方式提升股东回报，共实施6次现金分红计 划，累计分红105,956.69万元，共实施完成4次股份回购计划，累计使用股份回购资金50,078.07万元。关 于股份回购事项，公司已纳入《未来三年（2024-2026年）现金分红规划》方案，公司将密切关注市场 变动，结合公司经营与财务状况、真实价值与二级市场情况等择机启动。如有新的回购计划或股东增持 计划，公司将及时披露。感谢您的关注！ 投资者： 董秘好，请问24年3季度营业总收入环比上年同期大幅降低是什么原因导致的 董秘： 尊敬的投资者，您好！主要系公司LNG产品现货销量（贸易）较上年同期有所下降以及上年同 期销售单价较高的综合影响所致。公司清洁能源保持 ...

Group 1 - The report emphasizes the defensive attributes of the public utility sector, particularly in light of recent policy changes aimed at enhancing price governance mechanisms [1][14][30] - In March, the Shanghai Composite Index fell by 0.07%, while the public utility index rose by 1.87%, indicating a relative outperformance of the sector [1][32] - The report highlights the significant drop in coal prices, which enhances the profitability of thermal power generation, with a projected increase in earnings per kilowatt-hour as coal prices decrease [2][16][18] Group 2 - The report recommends major thermal power companies such as Huadian International and Shanghai Electric, citing their resilience in the face of declining coal prices and electricity prices [3][30] - It notes that the water and waste incineration sectors are entering a mature phase, with improved free cash flow and a favorable investment environment due to declining risk-free rates [31] - The report identifies high-dividend water power stocks, particularly Changjiang Electric Power, as having strong defensive characteristics and long-term investment value [24][25][29] Group 3 - The report discusses the expected stability in nuclear power company earnings, recommending companies like China Nuclear Power and China General Nuclear Power [3][30] - It highlights the growth potential in the renewable energy sector, recommending leading companies such as Longyuan Power and Three Gorges Energy, which are expected to benefit from ongoing government support for new energy development [3][30] - The report also points out the significant market opportunity in the domestic waste oil recycling industry, recommending companies like Shanggou Environmental Energy as beneficiaries of upcoming EU policies [31]

具有价值创造力的清洁能源服务商 江西九丰能源股份有限公司 关于可转债转股结果暨股份变动的公告 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。 重要内容提示： 累计转股情况：公司可转债"九丰定 01"自 2023 年 6 月 29 日起开始转股，可 转债"九丰定 02"自 2024 年 10 月 17 日起开始转股。截至 2025 年 3 月 31 日，可转债 "九丰定 01"累计转股的金额为 468,311,500 元，累计转股股数为 21,495,514 股；可转 债"九丰定 02"累计转股的金额为 59,870,000 元，累计转股股数为 2,507,113 股（"九丰 定 02"目前所转股份来源均系回购股份）。公司可转债累计转股总股数为 24,002,627 股， 占可转债转股前公司已发行股份总额（625,414,024 股）的 3.84%。 未转股可转债情况：截至 2025 年 3 月 31 日，公司未转股的可转债金额合计为 人民币 1,751,815,800 元（其中："九丰定 01"金额为人民币 611,685,8 ...

关于控股股东部分股份质押的公告 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： ● 江西九丰能源股份有限公司（以下简称"公司"）控股股东广东九丰投资控股有限公司（以下简称"九 丰控股"）持有公司股份200,600,568股，占公司总股本（截至2024年12月31日，下同）的31.11%；本次 质押股份数量为34,240,713股，占九丰控股所持公司股份的17.07%，占公司总股本的5.31%。 ● 除本次质押外，九丰控股及其一致行动人不存在其他股份质押的情形。 一、本次股份质押基本情况 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：605090 证券简称：九丰能源 公告编号：2025-014 江西九丰能源股份有限公司 九丰控股本次质押的股份不存在被用作重大资产重组业绩补偿等事项的担保或其他保障用途。 二、股东累计质押股份情况 截至本公告披露日，九丰控股及其一致行动人累计质押股份情况如下： 单位：股 ■ 截至本公告披露日，九丰控股资信情况良好，本次股份质押风险可控，预计不会导致公司的实际控制权 发生 ...

具有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：2025-014 江西九丰能源股份有限公司 除本次质押外，九丰控股及其一致行动人不存在其他股份质押的情形。 一、本次股份质押基本情况 2025 年 3 月 26 日，九丰控股在中国证券登记结算有限责任公司上海分公司办理了 证券质押登记业务，将其持有的 34,240,713 股公司股份质押给国金证券股份有限公司 （以下简称"国金证券"），本次股份质押情况具体如下： | 股东 | 是否为 控股股 | 本次质押股 | 是否为 | 是否补 | 质押起始日 质押到期日 质权人 | | | 占其所 持股份 | 占公司 总股本 | 质押融 资资金 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | 数（股） | 限售股 | 充质押 | | | | | | | | | 东 | | | | | | | 比例 | 比例 | 用途 | | 九丰控股 | 是 | 34,240,713 | 否 | 否 | 2025-03-26 | 2028-03 ...

Investment Rating - The report maintains an "Outperform" rating for the public utility and environmental sectors [1][4]. Core Insights - The report emphasizes the high-quality development of the environmental equipment manufacturing industry, aiming to create a trillion-level industry with international competitiveness by 2027 [2][16]. - It highlights the synergy between computing power and electricity, particularly in the context of data centers, which require substantial and reliable electricity supply [18][20]. - The report suggests that the profitability of coal-fired power generation is expected to remain reasonable due to the simultaneous decline in coal and electricity prices [28]. Summary by Sections Market Review - The Shanghai Composite Index rose by 1.59%, while the public utility index increased by 2.19% and the environmental index by 2.53% [1][29]. - Among the sub-sectors, coal-fired power saw a 3.39% increase, while renewable energy generation rose by 1.48% [31]. Important Policies and Events - The Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, and the State Administration for Market Regulation jointly issued opinions to promote the high-quality development of the environmental equipment manufacturing industry [2][16]. - By 2030, the report anticipates a complete upgrade of the environmental equipment manufacturing industry towards green, low-carbon, and circular development [2]. Investment Strategy - Recommendations include major coal-fired power companies like Huadian International and regional power companies like Shanghai Electric due to stable electricity prices [3][28]. - For renewable energy, leading companies such as Longyuan Power and Three Gorges Energy are recommended, alongside regional offshore wind power companies [3][28]. - The report also suggests focusing on water and waste incineration sectors, which are entering a mature phase with improved free cash flow [3][28]. Industry Dynamics - The report notes that the electricity and heat production and supply industry prices fell by 0.8% year-on-year in February 2025 [17]. - It highlights the increasing importance of green electricity and nuclear power in meeting the energy demands of data centers [24][21]. Company Performance - The report lists several companies with "Outperform" ratings, including Huadian International, Longyuan Power, and China Nuclear Power, among others, indicating their strong market positions and growth potential [6][28].

Investment Rating - The report maintains an "Overweight" rating for the public utility industry, expecting the industry index to outperform the market index by over 10% in the next six months [33]. Core Insights - The public utility index increased by 0.4% in the last two weeks, outperforming the CSI 300 index by 1.8 percentage points, ranking 14th among 31 Shenwan industries. Year-to-date, the index has decreased by 5.0%, underperforming the CSI 300 index by 4.4 percentage points, ranking 29th [11]. - Among the sub-sectors, six out of seven saw price increases, with the electric power comprehensive service sector rising by 2.3%, and the hydropower sector declining by 0.4% [11]. - The report highlights significant industry news, including the Ministry of Water Resources' issuance of work points for rural water conservancy and hydropower in 2025, emphasizing ecological safety and modernization of small hydropower [28]. Summary by Sections Market Review - As of March 13, the public utility index has shown a mixed performance, with 93 out of 132 listed companies experiencing stock price increases, while 38 companies saw declines [12][13]. - The report notes that the thermal service sector has increased by 4.8% year-to-date, while the hydropower sector has decreased by 8.3% [11]. Industry Valuation - The public utility sector's price-to-earnings (P/E) ratio is currently at 17.4 times, below the one-year average. The solar power sector has the highest P/E ratio at 83.5 times, while the thermal power sector has the lowest at 13.6 times [13][14]. Industry Data Tracking - The average price of Q6000 coal at the pit in Shaanxi Yulin is 614 RMB/ton, down 4.0% from the previous value. The average price of Q5500 coal at Qinhuangdao Port is 687 RMB/ton, down 4.9% [20]. Important Company Announcements - Recent announcements include New Tian Green Energy's approval for using perpetual medium-term notes to provide loans to its subsidiary, and the approval of various measures by Jiuzhou Group to support its subsidiaries [26]. Key Industry News - The report discusses the promotion of new energy consumption through the development of hydrogen energy in Chengdu, with a target growth of over 20% in the green hydrogen industry [27]. Industry Weekly Perspective - The report suggests focusing on companies like Xin'ao Co., Ltd. (600803), Jiufeng Energy (605090), and New Natural Gas (603393) due to their strong market positions and growth potential in the natural gas sector [28][29].

具有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：2025-013 江西九丰能源股份有限公司 关于海南商业航天发射场特燃特气配套项目的实施进展公告（二） 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、本项目的基本情况 随着我国卫星通信产业及火箭发射技术的进步，商业航天产业进入了发展的快车道， 市场空间广阔。为推动江西九丰能源股份有限公司（简称"九丰能源"或"公司"）特 种气体业务在商业航天领域的配套与融合，夯实航天特气的先发优势，2023 年 10 月 31 日，公司投资决策委员会评审同意投资建设海南商业航天发射场特燃特气配套项目（以 下简称"商发特气项目"、"本项目"或"项目"），相关具体内容详见公司分别于 2023 年 11 月 2 日、2024 年 8 月 31 日披露的《关于拟投资建设海南商业航天发射场特燃特气 配套项目的公告》《关于海南商业航天发射场特燃特气配套项目的实施进展公告》。 二、本项目的实施进展情况 （一）本项目的投建进展情况 截至目前，本项目投建进展顺利，项目主要 ...