Core Insights - The announcement from New China Port indicates significant changes in the top ten circulating shareholders as of June 30, 2025, compared to the previous reporting period [1][2] Shareholder Changes - New shareholders include: - CITIC Securities Asset Management (Hong Kong) Limited - Client Funds with 799,700 shares, representing 0.2% of circulating shares - Morgan Stanley International with 698,000 shares, representing 0.17% - Wang Xiaoling with 677,000 shares, representing 0.17% - Zhang Yixin with 618,000 shares, representing 0.15% [1][2] - Exiting shareholders include: - Zhu Peifu who previously held 1.1 million shares (0.27%) - Goldman Sachs who previously held 737,400 shares (0.18%) - Chen Jiping who previously held 707,600 shares (0.18%) - Wu Jingping who previously held 495,800 shares (0.12%) [1][2] - Shareholders who increased their holdings: - Barclays Bank increased its holdings by 175.98% to 1.2163 million shares - Hu Gang increased his holdings by 1.22% to 596,700 shares [1][2] Total Holdings - The top ten circulating shareholders collectively hold 30.9 million shares, accounting for 77.04% of circulating shares, which is an increase of 534,600 shares from the previous period [2]

| 证券代码：605162 | 证券简称：新中港 | 公告编号：2025-040 | | --- | --- | --- | | 转债代码：111013 | 转债简称：新港转债 | | 浙江新中港热电股份有限公司 1 二、前十大无限售条件股东持股情况 | 序号 | 股东姓名/名称 | 持股数量（股） | 占总股本比 | | --- | --- | --- | --- | | | | | 例（%） | | 1 | 浙江越盛集团有限公司 | 299,021,050 | 74.66 | | 2 | 李伟 | 3,015,300 | 0.75 | | 3 | BARCLAYS BANK PLC | 1,216,342 | 0.30 | | 4 | 王成 | 1,012,200 | 0.25 | | 5 | 欧娜 | 900,000 | 0.22 | | 6 | 中信证券资产管理（香港）有限公司－客户资金 | 799,668 | 0.20 | | 7 | MORGAN STANLEY & CO. INTERNATIONAL PLC. | 697,977 | 0.17 | | 8 | 王小玲 | 677,000 | 0. ...

Group 1 - The core viewpoint of the article highlights the performance and valuation of Zhejiang New Zhonggang Thermal Power Co., Ltd., which has a current stock price of 7.61 yuan, a PE ratio of 22.32, and a total market capitalization of 3.048 billion yuan [1][2] - The company operates in the public utility sector, where the average industry PE ratio is 26.08, and the median is 26.80, placing New Zhonggang at the 11th position in the industry ranking [1][2] - As of the first quarter of 2025, four institutions hold shares in New Zhonggang, with a total of 300.216 million shares valued at 2.276 billion yuan [1] Group 2 - The main business of the company involves the production and supply of thermal products, electricity products, and compressed air through cogeneration [1] - The latest financial results for the first quarter of 2025 show that the company achieved an operating income of 174 million yuan, a year-on-year decrease of 20.46%, and a net profit of 15.4537 million yuan, down 39.20% year-on-year, with a gross profit margin of 24.54% [1]

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：截至 2025 年 6 月 30 日，累计有人民币 732,000 元"新 港转债"转换为浙江新中港热电股份有限公司（以下简称"公司"）股票，累计 转股数量为 81,847 股，占"新港转债"转股前公司已发行股份总额的 0.0204%。 | | | 浙江新中港热电股份有限公司 可转债转股结果暨股份变动公告 未转股可转债情况：截至 2025 年 6 月 30 日，尚未转股的"新港转债" 金额为人民币 368,403,000 元，占"新港转债"发行总量的 99.8017%。 本季度转股情况：2025 年 4 月 1 日至 2025 年 6 月 30 日期间, 共有人民 币 1,000 元"新港转债"转换为公司股票，转股数量为 112 股，占"新港转债" 转股前公司已发行股份总额的 0.0000%。 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《关于核准浙江新中港热电股份有限公司公开发 行可转换公司债券的批复》（证监许可〔2023 ...

Core Viewpoint - Zhejiang Xinzhonggang Thermal Power Co., Ltd. plans to repurchase its shares through a centralized bidding process to enhance employee motivation and align interests among shareholders, the company, and employees [3][12]. Group 1: Board Meeting Details - The third meeting of the board of directors was held on June 30, 2025, with all nine directors present, complying with relevant laws and regulations [2]. - The board approved the share repurchase proposal with a unanimous vote of 9 in favor [5]. Group 2: Share Repurchase Plan - The total amount for the share repurchase will be no less than RMB 40 million and no more than RMB 80 million, with a maximum repurchase price of RMB 11.38 per share [3][8]. - The repurchase will be conducted within 12 months from the board's approval date and will utilize the company's own funds [8][13]. - The shares repurchased will be used for employee stock ownership plans or equity incentives [3][12]. Group 3: Financial Impact and Conditions - The repurchase amount, at the upper limit of RMB 80 million, represents approximately 4.31% of the company's total assets and 6.00% of the net assets attributable to shareholders as of March 31, 2025 [16]. - The company has confirmed that there are no plans for share reductions by major shareholders or executives in the next three to six months [18]. Group 4: Implementation and Authorization - The board has authorized the management to handle all matters related to the share repurchase, including timing, pricing, and quantity adjustments based on market conditions [21][22]. - The repurchase will not affect the company's normal operations or lead to insolvency, and any untransferred shares after three years will be canceled [20][19].

Company Announcements - Jihua Group's existing product system does not involve brain-computer interface related fields [1] - Prit's plan to invest 1 billion yuan to build a plastic modification materials headquarters and R&D manufacturing base in South China [1][2] - Lian De Equipment won a contract worth 157 million yuan for BOE's 8.6 generation AMOLED production line project [1][2] - Jiadu Technology plans to issue shares (H-shares) overseas and list on the Hong Kong Stock Exchange [1][2] - Longdi Group intends to acquire no more than 20.1667% equity in Jujia Technology [1][4] - New Zhonggang plans to repurchase shares worth 40 million to 80 million yuan [1][4] - Xiaogoods City expects a net profit increase of 12.57% to 17.40% in the first half of the year [1][4] - Sinopec Capital plans to reduce its holdings by no more than 3.5256 million shares in Haizheng Materials through block trading [1][4] - Lihua Co., Ltd. intends to reduce its holdings by no more than 3.00% [1][4] - Zhimin Da plans to raise no more than 213 million yuan through a private placement [1][5] - Xiangtong Co. plans to issue corporate bonds not exceeding 4 billion yuan [1][5] Performance Forecasts - Hanyu Pharmaceutical expects a half-year profit of 142 million to 162 million yuan, turning a profit compared to the previous year [4] - Taotao Automotive anticipates a net profit increase of 70.34% to 97.81% in the first half of the year [4] - Weichai Heavy Machinery expects a net profit increase of 40% to 60% in the first half of the year [4] Shareholding Changes - Lihua Co., Ltd.'s actual controller Cheng Lili and his concerted actors plan to reduce their holdings by no more than 3.00% [4] - He Shi Eye Hospital's Advanced Manufacturing Fund plans to reduce its holdings by no more than 2% [4] - Haitan Ruisheng's shareholder He Lin and his concerted actors plan to reduce their holdings by no more than 2.9463% [4] - Sinopec Capital plans to reduce its holdings by no more than 3.5256 million shares in Haizheng Materials [4] Other Announcements - Zhimin Da plans to raise no more than 213 million yuan through a private placement [5] - Yuyuan Co. plans to issue corporate bonds not exceeding 40 billion yuan [5] - Jinhongshun has terminated the planning of a major asset restructuring [5]

重要内容提示： 浙江新中港热电股份有限公司（以下简称"公司"）本次拟回购部分公司股 份，主要内容如下： ● 回购股份金额：资金总额不低于人民币 4,000 万元(含)且不超过人民币 8,000 万元（含）； | 证券代码：605162 | 证券简称：新中港 | 公告编号：2025-038 | | --- | --- | --- | | 转债代码：111013 | 转债简称：新港转债 | | 浙江新中港热电股份有限公司 关于以集中竞价交易方式回购公司股份方案的公告 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、准确性和完整性依法承担法律责任。 ● 回购股份资金来源：公司自有资金； ● 回购股份用途：用于员工持股计划或股权激励； ● 回购股份价格：不超过人民币 11.38 元/股（含），该价格不高于公司董事 会通过回购股份方案决议前 30 个交易日公司股票交易均价的 150%； ● 回购股份方式：采用集中竞价交易方式实施； ● 回购股份期限：自公司董事会审议通过本次回购股份方案之日起12 个月内； ● 相关股东是否存在减持计划：经公司发函确认，截至本公告披露 ...

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 浙江新中港热电股份有限公司（以下简称"公司"）于 2025 年 6 月 30 日 10 时在公司会议室以现场与线上相结合的方式召开第三届董事会第十三次会议， 会议通知于 2025 年 6 月 24 日以通讯方式送达各位董事。本次会议应出席董事 9 人，实际出席董事 9 人，会议由董事长谢百军先生主持。本次会议召开符合《中 华人民共和国公司法》、《浙江新中港热电股份有限公司章程》等有关法律法规 及规章的规定。 二、董事会会议审议情况 经与会董事认真讨论，审议通过以下议案： （一）审议通过了《关于以集中竞价交易方式回购公司股份方案的议案》 | 证券代码：605162 | 证券简称：新中港 | 公告编号：2025-037 | | --- | --- | --- | | 转债代码：111013 | 转债简称：新港转债 | | 浙江新中港热电股份有限公司 第三届董事会第十三次会议决议公告 本议案已经董事会战略委员会审议通过。 表决结果：同意 9 票，弃权 0 票，反 ...

Core Viewpoint - The credit rating report for Zhejiang Xinzhonggang Thermal Power Co., Ltd. indicates a stable outlook with an AA- rating, reflecting the company's natural monopoly in the region and stable cooperation with downstream customers [3][4]. Company Overview - Zhejiang Xinzhonggang Thermal Power Co., Ltd. operates as a combined heat and power (CHP) enterprise, maintaining a significant market position in the Shengzhou Economic Development Zone [4][5]. - The company has a stable customer base, primarily supplying steam to over 150 industrial users in the Shengzhou area, and sells electricity directly to the State Grid [14][16]. Financial Performance - The company's total debt as of March 2025 is reported at 3.87 billion, with total equity at 13.34 billion [3]. - Revenue from the thermal power business decreased by 9.54% in 2024 compared to 2023, attributed to a slight decline in demand from industrial enterprises in the region [5][15]. - Despite a decrease in revenue, the company experienced an increase in gross profit margin due to a reduction in coal procurement prices, which decreased by 12.88% [16][19]. Operational Highlights - The company has implemented high-parameter back-pressure units and new circulating fluidized bed boilers, achieving a comprehensive thermal efficiency exceeding 80% in 2024 [4][19]. - The newly added energy storage business has shown strong profitability, with a gross margin of 47.55% in its first year of operation [4][5]. Market Environment - The thermal power industry is characterized by high policy and capital barriers, with a natural monopoly in regions where early entrants have established their operations [10][11]. - The demand for centralized heating is growing, although the growth rate has slowed in recent years, with the total area of centralized heating reaching 11.549 billion square meters by the end of 2023 [12][13]. Future Outlook - The company is expected to continue benefiting from its stable customer relationships and the profitability of its energy storage and compressed air businesses [5][6]. - Ongoing capital expenditure pressures are anticipated due to several projects under construction, with a total investment of 2.57 billion planned [20].

浙江新中港热电股份有限公司相 关债券 2025 年跟踪评级报告 中鹏信评【2025】跟踪第【689】号 02 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人员已履行尽职调查义务，有充分理由保证所出具的评级报告遵循了真实、客观、 公正原则，但不对评级对象及其相关方提供或已正式对外公布信息的合法性、真实性、准确性和完整性 作任何保证。 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有，未经授 ...