Core Points - The company announced the completion of the cancellation of certain stock options under the 2024 restricted stock and stock option incentive plan [1][2] - A total of 44,440 stock options that were granted but not exercisable and voluntarily waived by the incentive recipients were canceled [1] - The cancellation of these stock options will not affect the company's capital structure [2] Summary by Sections - **Announcement Details** - The board of directors and the supervisory board approved the cancellation of stock options on July 18, 2025 [1] - The specific details of the cancellation were disclosed on July 19, 2025, on the Shanghai Stock Exchange website [1] - **Cancellation Process** - The company submitted the application for the cancellation of the stock options to the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2] - The cancellation was confirmed and completed on August 7, 2025 [2] - **Impact on Company** - The cancellation of the stock options will not have any impact on the company's equity structure [2]

Core Viewpoint - The company has announced the completion of the cancellation of certain stock options as part of its 2024 incentive plan, which reflects its commitment to maintaining a transparent and responsible approach to employee incentives [1] Summary by Sections Incentive Plan - The board of directors and all directors of the company have approved the proposal to cancel a total of 44,440 stock options that were granted but not exercisable or voluntarily waived by the incentive recipients [1] Stock Option Cancellation - The company has submitted a request to the China Securities Depository and Clearing Corporation Limited Shanghai Branch for the cancellation of the aforementioned stock options, which has been confirmed and completed on August 7, 2025 [1] Impact on Capital Structure - The cancellation of these stock options will not affect the company's capital structure, indicating a stable financial position despite the adjustments in the incentive plan [1]

Group 1 - The company announced the decision to cancel a total of 44,440 stock options that were granted but not exercisable or voluntarily waived by the incentive recipients [2] - The cancellation was approved during the meetings of the third board of directors and the third supervisory board held on July 18, 2025 [2] - The company has submitted the cancellation application to the China Securities Depository and Clearing Corporation Limited Shanghai Branch, which has confirmed the completion of the cancellation process on August 7, 2025 [2]

Group 1 - The core viewpoint of the news is that Jiufeng Energy (605090) has shown a stock price increase of 3.15% as of August 8, 2025, with a closing price of 29.5 yuan and a trading volume of 107,500 hands, amounting to a transaction value of 314 million yuan [1] - The company's latest quarterly performance report indicates a total operating revenue of 5.484 billion yuan, a year-on-year decrease of 13.41%, while the net profit attributable to shareholders is 506 million yuan, reflecting a year-on-year increase of 5.40% [1] - Jiufeng Energy has a current ratio of 2.908, a quick ratio of 2.731, and a debt-to-asset ratio of 32.65%, indicating a strong liquidity position [1] Group 2 - Jiufeng Energy has made investments in 13 external companies and has participated in four bidding projects, showcasing its active engagement in the market [2] - The company holds 11 administrative licenses, which may enhance its operational capabilities and regulatory compliance [2] - Jiufeng Energy was established in 2008 and is primarily engaged in the production and supply of gas, with a registered capital of approximately 649.26 million yuan [1][2]

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董事会 关于 2024 年限制性股票与股票期权激励计划 部分股票期权注销完成的公告 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。 2025 年 7 月 18 日，江西九丰能源股份有限公司（以下简称"公司"）分别召开第 三届董事会第十二次会议和第三届监事会第十一次会议，审议通过《关于 2024 年限制 性股票与股票期权激励计划回购注销部分限制性股票及注销部分股票期权的议案》，决 定注销激励对象已获授但不可行权及自愿放弃行权的股票期权合计 44,440 份。具体内容 详见公司于 2025 年 7 月 19 日在上海证券交易所网站（www.sse.com.cn）披露的《关于 2024 年限制性股票与股票期权激励计划回购注销部分限制性股票及注销部分股票期权 的公告》。 公司已向中国证券登记结算有限责任公司上海分公司提交注销上述股票期权的申 请，经中国证券登记结算有限责任公司上海分公司审核确认，上述 44,440 份股票期权注 销事宜已于 2025 年 8 月 7 日办理完毕。本 ...

000027 深圳能源 2.44 0.89 1508.77 公用事业行业今日上涨0.67%，全天主力资金净流入11.32亿元，该行业所属的个股共132只，今日上涨 的有111只，涨停的有5只；下跌的有12只。以资金流向数据进行统计，该行业资金净流入的个股有64 只，其中，净流入资金超5000万元的有6只，净流入资金居首的是华银电力，今日净流入资金8.42亿 元，紧随其后的是上海电力、华电国际，净流入资金分别为1.66亿元、1.15亿元。公用事业行业资金净 流出个股中，资金净流出超千万元的有18只，净流出资金居前的有长江电力、中国核电、九丰能源，净 流出资金分别为2.40亿元、9172.26万元、3191.48万元。（数据宝） 公用事业行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600744 | 华银电力 | 9.96 | 18.41 | 84217.25 | | 600021 | 上海电力 | 6.52 | 6.93 | 16633.89 | | 600027 | 华电国际 | ...

Group 1 - The report identifies the top twenty companies with the highest institutional research activity over the past 30 days, including Ice Wheel Environment, Northern Rare Earth, and Weili Transmission, among others [2][11] - In the last five days, the most researched companies include InSai Group, Weili Transmission, and Tianlong Co., Ltd. [2][13] - Six companies among the top twenty in institutional research have ten or more rating agencies, with notable expected profit growth for Hu Dian Co., Yanjing Beer, and BOE Technology Group in 2024 compared to 2023 [2][11] Group 2 - From July 28 to August 1, 2025, two companies, Yuxin Electronics and Jiangnan Yifan, announced significant shareholder increases [3][14] - A total of 111 companies announced share repurchase progress during the same period, with six companies, including Jiufeng Energy and Midea Group, having repurchase amounts exceeding 1% of their market value [3][18] - From January 1 to August 3, 2025, 244 companies reported shareholder increases, with 19 companies having significant planned increase amounts relative to their market value [3][16] Group 3 - In 2025, from January 1 to August 3, 1,623 companies announced share repurchase progress, with 100 companies having repurchase amounts exceeding 1% of their market value [4][19] - Companies in the board proposal stage for repurchase include Jiayi Co., Haixing Power, and Sanhua Equipment [4][19]

Group 1 - The stock price of Jiufeng Energy on August 5 was 28.56 yuan, down 0.14% from the previous trading day, with a trading volume of 206 million yuan [1] - The stock price fluctuated between 28.37 yuan and 29.09 yuan, with an amplitude of 2.52% [1] - Jiufeng Energy's main business includes gas supply and new energy development, focusing on clean energy such as natural gas and hydrogen [1] Group 2 - The company provided special fuels and gas support, including liquid oxygen and liquid nitrogen, for the launch of the Long March 12 rocket on August 4 [1] - On August 5, the net outflow of main funds was 4.4542 million yuan, but there was a cumulative net inflow of 2.1304 million yuan over the past five days [1]

人民财讯8月5日电，据九丰能源（605090）消息，8月4日18时21分，长征十二号运载火箭于海南商业航 天发射场二号工位顺利发射，成功将卫星互联网低轨07组卫星送入预定轨道。公司为此次发射提供了液 氧、液氮、氦气等特种燃料和气体。 ...

Summary of Jiufeng Energy Conference Call Industry Overview - The natural gas industry is undergoing significant market-oriented reforms in 2025, with the National Development and Reform Commission (NDRC) establishing unified standards for provincial gas pipeline transportation fees, linked to the 10-year government bond rate, which lowers costs for downstream gas sales companies [2][3][6]. Company Insights Core Business and Strategy - Jiufeng Energy has diversified resources, including offshore LNG, LPG sales, and land-based natural gas resources in Sichuan, enhancing its competitive edge through mergers and acquisitions [2][7]. - The company is committed to a cash dividend of 850 million yuan in 2025 and 1 billion yuan in 2026, translating to a dividend yield of approximately 4% in 2025 and 5% in 2026, indicating strong dividend value [2][7][22][23]. - Jiufeng Energy has established a comprehensive natural gas industry chain covering commercial, industrial, power plants, transportation, and overseas clients, focusing on clean energy, energy services, and specialty gases [2][9]. Financial Performance and Projections - The company’s current P/E ratio is around 12, with a projected compound annual growth rate (CAGR) of 15% over the next three years due to stock incentives [8][21]. - Expected net profit for 2025 is 1.56 billion yuan, increasing to 1.8 billion yuan in 2026 and 2.13 billion yuan in 2027, reflecting a steady growth trajectory [21]. - Jiufeng Energy's cash flow is robust, with annual operating cash flow between 2 to 2.5 billion yuan and a debt ratio of just over 30%, supporting its strong dividend capacity [22][24]. Market Position and Competitive Advantages - The company benefits from a stable production capacity utilization rate of over 90% across its four core projects in Sichuan, with future growth reliant on new project developments [4][18]. - Jiufeng Energy's helium production capacity has increased to 1 million cubic meters, representing about 3% of domestic consumption, providing a significant cost advantage in the market [4][19][20]. - The company is actively involved in the Hainan commercial satellite launch site project, supplying fuel and specialty gases, which is expected to contribute approximately 50 million yuan in profit if 32 launches occur annually [20]. Challenges and Market Dynamics - The natural gas sector is experiencing weak overall demand growth in 2025, despite some monthly recovery, which has affected the performance of the gas sector [4][6]. - The market-oriented reforms are expected to benefit companies with diversified resource capabilities, allowing them to reduce costs and increase supply [6][8]. Future Outlook - Jiufeng Energy's strategic focus on expanding its LNG and LPG receiving capacity, projected to double from 3 million tons to 6 million tons, positions it well for future growth [14][18]. - The company is also exploring new long-term contracts and expanding its logistics capabilities to ensure stable profitability amid market fluctuations [12][13][14]. Conclusion - Jiufeng Energy demonstrates strong growth potential and a solid financial foundation, making it an attractive investment opportunity in the evolving natural gas market. The company's diversified resource base, commitment to dividends, and strategic positioning in the industry suggest a favorable outlook for long-term investors [24].