证券代码：605368 证券简称：蓝天燃气 公告编号：2025-011 河南蓝天燃气股份有限公司 关于召开 2024 年年度股东大会的通知 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： 一、 召开会议的基本情况 (一) 股东大会类型和届次 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 15 日 至 2025 年 4 月 15 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 2024 年年度股东大会 召开的日期时间：2025 年 4 月 15 日 14 点 30 分 召开地点：河南省驻马店市解放路 68 号公司会议室 (五) 网络投票的系统、起止日期和投票时间。 股东大会召开日期：2025年4月15日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 ...

证券代码：605368 证券简称：蓝天燃气 公告编号：2025-010 债券代码：111017 债券简称：蓝天转债 河南蓝天燃气股份有限公司 第六届监事会第八次会议决议公告 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、会议召开和出席情况 河南蓝天燃气股份有限公司（以下简称"公司"）第六届监事会第八次会议 于 2025 年 3 月 25 日在公司会议室召开，会议通知于 2025 年 3 月 20 日通过通 讯等方式发出。公司现有监事 3 人，实际出席并表决的监事 3 人。 会议由公司监事会主席郑斌先生主持，本次会议的召集、召开符合相关法律、 法规及《公司章程》的有关规定。 邱巍回避表决。 二、会议议案审议情况 （一）审议通过《2024 年度监事会工作报告》，该议案需提交公司股东大会 审议； 同意票 3 票；反对票 0 票；弃权票 0 票。 （二）审议通过《关于公司 2024 年度监事薪酬的议案》，该议案需提交公 司股东大会审议； 1、监事会主席郑斌先生：不以其在公司的监事身份领取薪酬； 同意票 2 票；反对票 0 票；弃 ...

一、会议召开和出席情况 河南蓝天燃气股份有限公司（以下简称"公司"）第六届董事会第十次会议 于 2025 年 3 月 25 日在公司会议室召开，会议通知于 2025 年 3 月 20 日以通讯 等方式发出。公司现有董事 9 人，实际出席并表决的董事 9 人。 会议由公司董事长李新华先生主持，公司监事、高级管理人员列席了会议。 本次会议的召集、召开符合相关法律、法规及《公司章程》的有关规定。 证券代码：605368 证券简称：蓝天燃气 公告编号：2025-009 债券代码：111017 债券简称：蓝天转债 河南蓝天燃气股份有限公司 第六届董事会第十次会议决议公告 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。 二、会议议案审议情况 （一）审议通过《2024 年度总经理工作报告》 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 此议案无需提交股东大会审议。 （二）审议通过《2024 年度董事会工作报告》 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 此议案尚需提交股东大会审议。 （三）审议通过《关于 20 ...

证券代码：605368 证券简称：蓝天燃气 公告编号：2025-016 债券代码：111017 债券简称：蓝天转债 河南蓝天燃气股份有限公司 2024 年年度利润分配方案公告 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： 每股分配比例，每股转增比例 A 股每股派发现金红利 0.45 元 本次利润分配以实施权益分派股权登记日登记的总股本为 基数，具体日期将在权益分派实施公告中明确。在实施权益分派的股 权登记日前公司总股本发生变动的，拟维持每股分配比例不变，相应 调整分配总额，并将在相关公告中披露。 本次利润分配方案不存在触及《上海证券交易所股票上市规 则（2024 年 4 月修订）》（以下简称《股票上市规则》）第 9.8.1 条第 一款第（八）项规定的可能被实施其他风险警示的情形。 一、利润分配方案内容 （一）利润分配方案的具体内容 截至2024年12月31日，公司母公司报表中期末未分配利润为人民 币408,219,094.38元。经董事会决议，公司2024年年度拟以实施权益 分派股权登记日登记的总股本为基数 ...

Financial Performance - The company's operating revenue for 2024 was CNY 4,755,387,002.07, a decrease of 3.87% compared to CNY 4,946,802,882.22 in 2023 [26]. - The net profit attributable to shareholders for 2024 was CNY 503,382,062.55, down 16.98% from CNY 606,310,448.46 in 2023 [26]. - The basic earnings per share for 2024 was CNY 0.72, a decline of 18.18% from CNY 0.88 in 2023 [27]. - The total assets at the end of 2024 were CNY 6,215,960,463.99, representing a decrease of 7.47% from CNY 6,717,569,076.33 at the end of 2023 [26]. - The cash flow from operating activities for 2024 was CNY 597,075,099.54, down 12.25% from CNY 680,423,906.31 in 2023 [26]. - The weighted average return on equity for 2024 was 13.61%, a decrease of 2.97 percentage points from 16.58% in 2023 [27]. - The net assets attributable to shareholders at the end of 2024 were CNY 3,614,262,177.03, down 5.81% from CNY 3,837,305,517.27 at the end of 2023 [26]. - The company reported a quarterly revenue of CNY 1,581,736,259.77 in Q1 2024 [29]. - The net profit attributable to shareholders in Q4 2024 was CNY 51,822,007.38, showing a significant decline compared to previous quarters [29]. - The company recognized government subsidies amounting to CNY 7,557,369.17 in 2024, which were closely related to its normal business operations [31]. Dividend and Profit Distribution - The board of directors proposed a cash dividend of 4.5 RMB per 10 shares (including tax) for the 2024 fiscal year, with the remaining undistributed profits to be carried forward to the next year [7]. - The cash dividend for 2024 is proposed at 0.45 RMB per share, totaling approximately 321.59 million RMB, which represents 126.93% of the net profit attributable to shareholders [37]. - The board of directors approved a profit distribution plan, proposing a dividend payout of 0.5 CNY per share for 2023 [84]. - The total cash dividend for the fiscal year 2024, including the interim dividend, is projected to be approximately 638.96 million CNY [115]. - Over the last three fiscal years, the cumulative cash dividend paid by the company amounts to approximately 1.72 billion CNY, with a cash dividend payout ratio of 303.61% based on the average net profit [117]. Operational Strategy and Market Development - The company is focused on expanding its natural gas pipeline network, including the construction of new gas supply lines to enhance service delivery [16]. - The company aims to leverage its subsidiaries to improve operational efficiency and market reach in the natural gas sector [15]. - The company is committed to developing clean energy solutions, including the utilization of coalbed methane as a supplementary energy source [15]. - The company plans to enhance its market presence through strategic partnerships and potential acquisitions in the energy sector [15]. - The company is committed to enhancing its market development strategies amidst external pressures such as economic downturns and industry competition [36]. - The company has established gas supply agreements with multiple suppliers, ensuring a stable gas source [45]. - The company is actively expanding its gas supply services to urban and rural areas, increasing market coverage [43]. - The company has a strong regional first-mover advantage in the natural gas pipeline business, particularly in southern Henan province [44]. - The company plans to expand its market presence, targeting a 10% increase in market share within the next two years [85]. Risk Management and Compliance - The company has detailed the main operational risks in the report, advising investors to pay attention to investment risks [9]. - The company emphasizes the importance of adhering to regulatory frameworks and maintaining transparency in its operations [15]. - There are no non-operational fund occupations by controlling shareholders or related parties, and no violations in decision-making procedures for external guarantees [9]. - The company has established a governance structure to ensure compliance with laws and protect shareholder interests, with independent operations from its controlling shareholder [79]. - Risks associated with pipeline damage and safety incidents could lead to significant operational disruptions and financial losses [75]. - Changes in national energy policies could affect the company's competitive advantage and operational efficiency [74]. - The company is exposed to risks from a small operational area, which could be detrimental if the local economy slows down [75]. Corporate Governance and Management - The company has implemented measures to ensure independence from its controlling shareholders, maintaining operational autonomy [80]. - The company has a total of 1,667 employees, with 405 in the parent company and 1,262 in major subsidiaries [105]. - The company has implemented a salary policy that links employee compensation to local economic conditions, company performance, and individual performance evaluations, resulting in steady growth in employee salary and welfare levels during the reporting period [106]. - The company conducted 4 meetings of the Audit Committee during the reporting period, focusing on the 2023 annual audit report and related transactions [99]. - The company held 2 meetings of the Compensation and Assessment Committee, reviewing the annual assessment report and management personnel compensation proposals [101]. - The Strategic Committee convened 2 meetings, discussing the annual profit distribution plan and the "quality improvement and efficiency enhancement" action plan for 2024 [102]. - The company has a training plan that includes onboarding for new employees, skills training, and management training to enhance employee capabilities and align with strategic development needs [107]. Future Outlook and Projections - The company plans to achieve a sales revenue of ¥5.064 billion and a net profit of ¥550 million in 2025, although this is subject to various uncertainties [72]. - The company has provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion yuan [89]. - The management emphasized the importance of new technologies, with a goal to implement at least three innovative solutions in the next fiscal year [85]. - The company plans to establish a merger fund and conduct related transactions as approved in the eighth board meeting on December 27, 2024 [95]. Audit and Financial Reporting - The company received a standard unqualified audit report from Zhongxing Cai Guanghua Accounting Firm, ensuring the financial report's authenticity and completeness [6]. - The company's financial statements were audited and deemed to fairly reflect its financial position and operating results for the year [192]. - The audit aims to provide reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error [200]. - The audit procedures include identifying and assessing risks of material misstatement due to fraud or error [200]. Investments and Capital Management - Significant investments were made in project construction, including the completion of the Longyuan natural gas utilization project and upgrades to key gas stations [38]. - The total amount of raised funds is CNY 870 million, with a net amount of CNY 856.73 million, and the cumulative investment progress is 34.38% [153]. - The company has invested CNY 294.57 million from the raised funds as of the reporting period [153]. - The company plans to utilize the raised funds for specific projects, with detailed usage yet to be disclosed [154]. Shareholder Information - The largest shareholder, Henan Lantian Group Co., Ltd., holds 306,150,384 shares, representing 42.84% of the total shares, with 167,220,000 shares pledged [169]. - The second-largest shareholder, Li Xinhua, holds 46,760,000 shares, accounting for 6.54% of the total shares, all of which are pledged [169]. - The company has 444,548,076 restricted shares at the beginning of the year, which decreased by 399,532,000 shares, leaving 45,016,076 restricted shares at year-end [161]. - The total number of shares after the recent changes is 714,634,505, with 93.70% being unrestricted shares [161].

Summary of Conference Call Company and Industry - The conference call pertains to a natural gas supply company operating primarily in the Henan province of China, focusing on gas consumption, procurement costs, and market dynamics. Key Points and Arguments 1. **Gas Consumption Trends**: The company reported a slight increase in overall gas consumption in 2023, with an increase of approximately 10 million pounds compared to the previous year [1] 2. **Business Segments**: The company has two main business segments: value-added services and installation services. The value-added services segment grew by about 10% year-over-year, while the installation services segment saw a decline of approximately 10% in user numbers [1] 3. **Gas Source Structure**: The gas procurement structure is heavily reliant on major suppliers, with over 80% sourced from PetroChina, while Sinopec and coalbed methane account for the remaining share [2] 4. **Procurement Costs**: The procurement costs have slightly decreased compared to previous years, but the reduction is minimal. The company currently operates on a yearly contract basis for gas procurement [3] 5. **Pipeline Capacity**: The company’s pipeline capacity remains stable at around 1.5 billion cubic meters, with no significant changes in demand expected in the near future [4] 6. **Demand Fluctuations**: There has been a decline in gas demand from certain industries, such as ceramics and glass, which have not fully recovered post-pandemic. Overall gas demand has decreased from around 1.7 billion cubic meters pre-pandemic to approximately 1.5 billion cubic meters currently [5] 7. **Commercial User Connections**: The number of commercial user connections is projected to decline, with estimates of around 180,000 connections in 2024, down from nearly 200,000 in 2023 [6] 8. **Market Competition**: The company faces limited competition in its operating regions, as local governments regulate gas supply agreements, preventing other companies from easily entering the market [7][8] 9. **Regulatory Environment**: The company is navigating complex regulatory frameworks for pipeline construction, which require government approval and adherence to regional planning [8] 10. **Pricing Mechanism**: The pricing of gas is influenced by upstream costs from suppliers like PetroChina. The company has recently adjusted its pricing strategy to ensure profitability, especially in residential sales [10][11] 11. **Profitability Concerns**: The company reported losses in residential gas sales, with a loss of approximately 240 million yuan in the previous year. However, other segments remain profitable [11] 12. **Future Projections**: The company anticipates a slight increase in gas sales volume in 2024, with projections of around 270 to 280 million cubic meters, driven by steady demand from residential users [12] 13. **Wholesale Price Trends**: The wholesale price for pipeline gas has decreased by approximately 0.067 yuan per cubic meter compared to the previous year, reflecting broader market trends [13] 14. **Capital Expenditure**: The company maintains low capital expenditures, averaging around 70 to 80 million yuan annually, primarily for operational maintenance [17] 15. **Acquisition Considerations**: There are discussions regarding potential mergers and acquisitions, particularly in light of ongoing restructuring in state-owned enterprises [17] 16. **Impact of Pricing Adjustments**: The company estimates that upcoming pricing adjustments could yield an additional profit of approximately 70 to 80 million yuan, contingent on the completion of regulatory approvals [18] Other Important but Overlooked Content - The company is currently in a trial operation phase for a new supplier agreement, with further procurement of coalbed methane expected to be finalized in the coming months [19]

证券代码：605368 证券简称：蓝天燃气 公告编号：2025-008 债券代码：111017 债券简称：蓝天转债 河南蓝天燃气股份有限公司 关于参与设立并购基金暨关联交易的进展公告 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、设立并购基金及关联交易概述 河南蓝天燃气股份有限公司（以下简称"公司"）本次设立并购基金暨 关联交易事项已经公司第六届董事会独立董事 2024 年第二次专门会议、第六 届董事会第八次会议、第六届监事会第七次会议以及公司 2025 年第一次临时 股东大会审议通过，公司拟与河南汇融资产私募基金管理有限公司及河南燃 气集团有限公司共同成立河南汇融燃气并购产业投资基金合伙企业（有限合 伙）（暂定，以工商行政管理部门最终核定名称为准，以下简称"并购基金"）。 具体内容详见 公司于 2024 年 12 月 28 日在上海证券交易所网站 （www.sse.com.cn）披露的《蓝天燃气关于参与设立并购基金暨关联交易的公 告》（公告编号：2024-076）。 2025 年 1 月 14 日，公司与相关方正式签署 ...

北京市东城 区北三环东 路36号环球 贸易中心 B 座 11 层 电话（Tel）： 52213236/7 邮编（P.C）： 100013 北京市君致律师事务所 关于河南蓝天燃气股份有限公司 2025 年第一次临时股东大会的法律意见书 致：河南蓝天燃气股份有限公司 北京市君致律师事务所（以下简称"本所"）受河南蓝天燃气股份有限公司 （以下简称"公司"）的委托，指派律师出席 2025 年 1 月 13 日下午 2:30 召开的 公司 2025 年第一次临时股东大会（以下简称"本次股东大会"）；本所依据《中 华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以 下简称"《证券法》"）、《上市公司股东大会规则》（以下简称"《股东大会规则》"） 等现行法律、法规和其他规范性文件及《公司章程》的规定，特就公司本次股东 大会相关事宜，出具本法律意见书。 对本法律意见书的出具，本所特作如下声明： 1、本所及经办律师依据《证券法》、《律师事务所从事证券法律业务管理办 法》和《律师事务所证券法律业务执业规则》等规定及本法律意见书出具日以前 已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 ...

招商证券股份有限公司 关于河南蓝天燃气股份有限公司 （二）本次设立基金及关联交易的目的和原因 各合伙人本着资源共享、优势互补、合作共赢的原则，共同助力河南省打造 天然气全省一张网和城镇管道燃气"一城一企"整合工作，推动各方进一步发展， 共同成立并购基金。并购基金主要投资于燃气行业及相关上下游产业，项目类型 1 以城镇燃气行业为主，包括经营良好或具有盈利能力的燃气管道、储气设施、LNG 接收站/加注站等其他城燃上下游的非上市企业（包括未上市企业的股权或上市 企业非公开发行的股票或类似权益），从而实现有限合伙的资本增值。 参与设立并购基金暨关联交易的核查意见 招商证券股份有限公司（以下简称"招商证券"、"保荐人"）作为河南蓝 天燃气股份有限公司（以下简称"蓝天燃气"、"公司"）向不特定对象发行可 转换公司债券的保荐人，根据《上海证券交易所股票上市规则》《上海证券交易 所上市公司自律监管指引第 1 号—规范运作》《上海证券交易所上市公司自律监 管指引第 11 号——持续督导》等相关法规和规范性文件的要求，就蓝天燃气参 与设立并购基金暨关联交易事项进行了审慎核查，核查情况及核查意见如下： 一、设立基金及关联交易概述 ...

2025 年第一次临时股东大会决议公告 证券代码：605368 证券简称：蓝天燃气 公告编号：2025-004 债券代码：111017 债券简称：蓝天转债 河南蓝天燃气股份有限公司 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。 重要内容提示： (五) 公司董事、监事和董事会秘书的出席情况 1、公司在任董事 8 人，出席 8 人； 2、公司在任监事 3 人，出席 3 人； 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 534 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 398,536,468 | | 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（%） | 55.7678 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，公司董事长李新华先生主持，会议以现场会议和网 络投票相结合的方式召开并表决，会议的召集、召开及表决方式符合《公司法》 及《公司章程》 ...