青岛达能环保设备股份有限公司 控股股东和实际控制人行为规则 青岛达能环保设备股份有限公司 控股股东和实际控制人行为规则 二〇二五年十二月 1 青岛达能环保设备股份有限公司 控股股东和实际控制人行为规则 青岛达能环保设备股份有限公司 控股股东和实际控制人行为规则 第一章 总则 第一条 为贯彻证券市场公开、公平、公正原则，规范青岛达能环保设备股 份有限公司（以下简称"公司"）实际控制人行为，保证公司正常运作，促进公 司规范、健康发展，根据《中华人民共和国公司法》《中华人民共和国证券法》 《上海证券交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律 监管指引第 1 号——规范运作》及《青岛达能环保设备股份有限公司章程》（以 下简称"《公司章程》"）及其他有关法律、法规的规定，特制定本规则。 第二条 公司控股股东、实际控制人应当遵守有关法律法规及《公司章程》 的规定，促进公司规范运作，提高公司质量。 第三条 公司控股股东、实际控制人应当诚实守信，规范行使权利，严格履 行承诺，维护公司和全体股东的共同利益。 第四条 公司控股股东、实际控制人应当维护公司独立性，按照公司的决策 程序行使权利。 控股股东、实际控制 ...

青岛达能环保设备股份有限公司 累积投票制实施细则 二〇二五年十二月 1 青岛达能环保设备股份有限公司 累积投票制实施细则 青岛达能环保设备股份有限公司 累积投票制实施细则 青岛达能环保设备股份有限公司 第三条 股东会选举产生的董事人数及结构应符合《公司章程》的规定。 第四条 本实施细则所称"董事"包括独立董事和非独立董事。由职工代表 担任的董事由公司职工民主选举产生或更换，不适用于本实施细则的相关规定。 第五条 股东会对董事候选人进行表决前，会议主持人应明确告知与会股东 对候选董事实行累积投票方式，董事会必须置备适合实行累积投票方式的选票。 董事会秘书应对累积投票方式、选票填写方法作出说明和解释。 第六条 适用累积投票制选举公司董事的具体表决办法如下： （一）为确保独立董事当选人数符合《公司章程》的规定，独立董事与非独 立董事的选举实行分开投票方式。 具体操作如下： 选举独立董事时，每位股东有权取得的投票权数等于其所持有的股份乘以其 有权选出的独立董事人数的乘积，该票数只能投向独立董事候选人。 选举非独立董事时，每位股东有权取得的投票权数等于其所持有的股份数乘 以其有权选出的非独立董事人数的乘积，该票数只能投 ...

青岛达能环保设备股份有限公司 关联交易管理制度 青岛达能环保设备股份有限公司 关联交易管理制度 二〇二五年十二月 1 关联交易管理制度 第一章 总则 第一条 为规范青岛达能环保设备股份有限公司（以下简称"公司"）与关 联方之间的关联交易行为，保护公司及股东的合法权益，根据《中华人民共和国 公司法》《中华人民共和国证券法》等法律、法规以及《上海证券交易所科创板 股票上市规则》和《青岛达能环保设备股份有限公司章程》（以下简称"《公司 章程》"）的有关规定，制定本制度。 第二条 公司的关联交易应遵循公开、公平、公正和诚实信用的原则，不得 损害公司、全体股东特别是中小股东的权益。 第二章 关联交易和关联人 第三条 关联交易是指公司或者合并报表范围内的子公司等其他主体与公司 关联人之间发生的交易，包括： 第五条 具有以下情形之一的自然人、法人或其他组织，为公司的关联人： 青岛达能环保设备股份有限公司 关联交易管理制度 青岛达能环保设备股份有限公司 （一）直接或间接地控制公司的自然人、法人或其他组织； 2 （一）购买或者出售资产； （二）对外投资（购买低风险银行理财产品的除外）； （三）转让或者受让研究项目； （四）签订 ...

青岛达能环保设备股份有限公司 章程 青岛达能环保设备股份有限公司 章 程 2025 年 12 月 | | | | | | 第一章 总 则 2 | | | --- | --- | --- | --- | | | | 第二章 经营宗旨和范围 3 | | | | | 第三章 股 份 4 | | | 第一节 | 股份发行 | | 4 | | 第二节 | 股份增减和回购 | | 7 | | 第三节 | 股份转让 | | 8 | | | | 第四章 股东和股东会 8 | | | 第一节 | 股东的一般规定 | | 8 | | 第二节 | 控股股东和实际控制人 | | 11 | | 第三节 | 股东会的一般规定 | | 12 | | 第四节 | 股东会的召集 | | 14 | | 第五节 | 股东会的提案与通知 | | 15 | | 第六节 | 股东会的召开 | | 17 | | 第七节 | 股东会的表决和决议 | | 19 | | | | 第五章 董事和董事会 23 | | | 第一节 | 董事的一般规定 | | 23 | | 第二节 | 董事会 | | 26 | | 第三节 | 独立董事 | | 31 | | 第四节 ...

青岛达能环保设备股份有限公司 内部审计制度 青岛达能环保设备股份有限公司 内部审计制度 二〇二五年十二月 1 青岛达能环保设备股份有限公司 内部审计制度 青岛达能环保设备股份有限公司 内部审计制度 第一章 总则 第一条 为加强青岛达能环保设备股份有限公司（以下简称"公司"）内部审计 工作，强化监督和风险控制，保障公司财务管理、会计核算和生产经营活动符合国 家各项法律法规要求，维护股东的合法权益，根据《中华人民共和国审计法》《审 计署关于内部审计工作的规定》《上海证券交易所科创板股票上市规则》《上海证 券交易所科创板上市公司自律监管指引第1号——规范运作》等有关法律法规及《青 岛达能环保设备股份有限公司章程》（以下简称"《公司章程》"）的规定，结合 公司的实际情况，制定本制度。 第二条 本制度所称被审计对象，特指公司各内部机构、控股子公司及具有重大 影响的参股公司。 第三条 本制度所称内部审计，是指由公司内部机构或人员，对公司内部控制和 风险管理的有效性、财务信息的真实性和完整性以及经营活动的效率和效果等开展 的一种评价活动。 第四条 本制度所称内部控制，是指公司董事会、高级管理人员及其他有关人员 为实现下列目 ...

青达环保公告，公司拟将首次公开发行股票募集资金投资项目"蓄热器产品生产线建设项目""底渣处理 系统产品生产线技术改造项目"予以结项，并将截至2025年11月30日节余募集资金4125.38万元永久补充 流动资金。 ...

Investment Rating - The report maintains a rating of "Overweight" for the electricity industry [3] Core Views - The introduction of the 2026 electricity trading scheme in Jiangsu and Zhejiang provinces aims to deepen market reforms, enhance price predictability, and encourage the consumption of renewable energy [14][6] - The "computing power and electricity synergy" strategy is being promoted at the national level to meet the growing electricity demand from the AI industry, with a focus on using clean energy [6][15] - The report recommends focusing on flexible thermal power resources, energy storage, and virtual power plants as investment opportunities [7] Summary by Sections Industry Overview - The Shanghai Composite Index rose by 0.37% to 3902.81 points, while the CSI 300 Index increased by 1.28% to 4584.54 points during the week [62] - The CITIC Power and Utilities Index reported a slight increase of 0.01% to 3114.45 points, underperforming the CSI 300 Index by 1.26 percentage points [62] Key Developments - The 2026 electricity trading scheme in Zhejiang introduces a requirement that at least 70% of annual trading volume must be secured through long-term contracts, enhancing market stability [14] - In Jiangsu, the trading scheme allows for all renewable energy projects to enter the market, with a focus on signing long-term purchase agreements [14] - The report highlights a significant increase in computing power demand, with a 30% annual growth rate in total computing power scale in China [6] Investment Recommendations - The report suggests investing in thermal power companies such as Huaneng International, Guodian Power, and Datang Power, as well as in leading companies in flexible thermal power transformation [7] - It also recommends focusing on undervalued green energy companies, particularly in wind and solar power sectors, such as Xintian Green Energy and Longyuan Power [7] - For hydropower and nuclear power, companies like Yangtze Power and China Nuclear Power are highlighted as potential investments [7] Market Trends - The report notes that coal prices have decreased to 800 RMB per ton, which may positively impact thermal power generation costs [17] - The carbon market saw a price increase of 0.69% this week, with a closing price of 60.06 RMB per ton [57]

Market Overview - On December 2, the environmental equipment sector declined by 0.16% compared to the previous trading day, with Henghe Co., Ltd. leading the decline [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Notable gainers in the environmental equipment sector included: - Bixing Wulian (688671) with a closing price of 25.21, up 8.99% [1] - Meiai Technology (688376) with a closing price of 46.00, up 5.14% [1] - Chuangyuan Technology (000551) with a closing price of 10.92, up 1.30% [1] - Major decliners included: - Henghe Co., Ltd. (920145) with a closing price of 22.56, down 5.25% [2] - Jiuwu Gaoke (300631) with a closing price of 29.20, down 3.25% [2] - Huahong Technology (002645) with a closing price of 14.45, down 3.09% [2] Capital Flow - The environmental equipment sector experienced a net outflow of 59.37 million yuan from institutional investors, while retail investors saw a net inflow of 55.72 million yuan [2] - The overall capital flow for key stocks in the sector showed: - Bixing Wulian (688671) had a net inflow of 10.93 million yuan from institutional investors [3] - Chuangyuan Technology (000551) had a net inflow of 6.07 million yuan from institutional investors [3] - Meiai Technology (688376) had a net inflow of 4.14 million yuan from institutional investors [3]

Investment Rating - The report maintains an "Overweight" rating for the industry [4] Core Views - The National Development and Reform Commission has introduced new pricing regulations for power transmission and distribution, which will promote the development of green electricity. The new regulations focus on local consumption and cross-province transmission, facilitating the utilization of renewable energy and enhancing the efficiency of power grid companies [2][13] - The exploration of a two-part or capacity-based pricing system for cross-province and cross-region projects will stabilize the revenue from clean energy transmission and improve the utilization rate of high-voltage channels [3][14] - Multiple provinces are rolling out market-oriented trading plans for 2026, which will accelerate the transformation of the electricity market by mandating a high proportion of long-term contracts and ensuring that coal-fired power trading prices fluctuate within a specified range [8][10] Summary by Sections Industry Overview - The report highlights the positive impact of new transmission and distribution pricing regulations on renewable energy consumption and the introduction of market-oriented trading plans for 2026 [2][8] Market Performance - The Shanghai Composite Index closed at 3,888.6 points, up 1.4%, while the CSI 300 Index rose 1.64% to 4,526.66 points. The CITIC Power and Utilities Index increased by 0.88%, underperforming the CSI 300 by 0.76 percentage points [63][64] Key Investment Opportunities - The report recommends focusing on flexible resources such as thermal power and investment opportunities in energy storage and virtual power plants. Specific stocks highlighted include Huaneng International, Huadian International, and China Nuclear Power [8][9]

Investment Rating - The investment rating for the utility sector is "Positive" [2] Core Insights - The cumulative installed power generation capacity in China increased by 17.3% year-on-year as of October 2025, reaching 3.75 billion kilowatts [5] - The report highlights a significant increase in solar power generation capacity, which grew by 43.8% year-on-year, while wind power capacity increased by 21.4% [5] - The report indicates that the electricity market is expected to see a gradual increase in prices due to ongoing market reforms and supply-demand dynamics [5] Summary by Sections Market Performance - As of November 28, the utility sector rose by 0.9%, underperforming the broader market, which increased by 1.6% [12] - The electricity sector specifically saw a 0.65% increase, while the gas sector rose by 3.27% [16] Electricity Industry Data Tracking - The price of thermal coal at Qinhuangdao Port (Q5500) decreased by 9 CNY/ton week-on-week, settling at 818 CNY/ton [22] - Coal inventory at Qinhuangdao Port increased by 400,000 tons week-on-week, totaling 6 million tons [29] - Daily coal consumption in 17 inland provinces rose by 30,000 tons/day week-on-week, reaching 3.541 million tons [31] Natural Gas Industry Data Tracking - The LNG ex-factory price index in China was 4,312 CNY/ton as of November 28, down 3.88% year-on-year [56] - The U.S. HH spot price increased by 15.3% week-on-week, reaching 4.59 USD/MMBtu, while the European TTF price decreased by 5.6% [59] - The total natural gas supply in the EU for week 47 was 6.23 billion cubic meters, a year-on-year increase of 8.0% [64] Key Industry News - The National Energy Administration reported that the average utilization hours of power generation equipment decreased by 260 hours year-on-year, totaling 2,619 hours [5] - The cumulative geological reserves of coalbed methane in China exceeded 700 billion cubic meters as of October 2025 [5] Investment Recommendations - The report suggests focusing on leading coal power companies such as Guodian Power, Huaneng International, and Huadian International, as well as regional leaders in tight electricity supply areas [5] - For natural gas, companies with low-cost long-term gas sources and receiving station assets are recommended, including Xin'ao and Guanghui Energy [5]