Core Insights - The lithium mining stocks in the A-share market have seen significant gains, with several companies hitting their daily price limits and others experiencing substantial increases in share prices [1] - The futures contract for lithium carbonate has surged past 100,000 yuan, marking a nearly 6% increase and reaching the highest level since June 2024 [1] Company Performance - Rongjie Co., Ltd. (融力股份) experienced a 10% increase in stock price, with a total market capitalization of 16.4 billion yuan and a year-to-date increase of 99.38% [2] - Jinyuan Co., Ltd. (美圆股份) saw a 9.99% rise, with a market cap of 5.91 billion yuan and a year-to-date increase of 54.16% [2] - Dawi Co., Ltd. (大为股份) rose by 8.92%, with a market cap of 7.83 billion yuan and a year-to-date increase of 143.38% [2] - Tianqi Lithium (天齐锂业) increased by 7.67%, with a market cap of 105.9 billion yuan and a year-to-date increase of 95.58% [2] - Chuaneng Power (川能动力) rose by 7.66%, with a market cap of 26.2 billion yuan and a year-to-date increase of 35.10% [2] - Salt Lake Co., Ltd. (盐湖股份) saw a 7.48% increase, with a market cap of 149.9 billion yuan and a year-to-date increase of 72.05% [2] - Ganfeng Lithium (赣锋锂业) increased by 6.89%, with a market cap of 154 billion yuan and a year-to-date increase of 114.43% [2] - Dazhong Mining (大中矿业) rose by 5.45%, with a market cap of 49 billion yuan and a year-to-date increase of 283.10% [2] - Tibet Mining (西藏矿业) increased by 5.25%, with a market cap of 16.3 billion yuan and a year-to-date increase of 45.93% [2] - Jiangte Motor (江特电机) rose by 4.70%, with a market cap of 21.3 billion yuan and a year-to-date increase of 68.42% [2] - Yongxing Materials (永兴材料) increased by 4.46%, with a market cap of 30.3 billion yuan and a year-to-date increase of 52.51% [2] - Tibet Summit (西藏珠峰) rose by 4.33%, with a market cap of 15.4 billion yuan and a year-to-date increase of 58.53% [2] - Cangge Mining (藏格矿业) increased by 4.20%, with a market cap of 96.5 billion yuan and a year-to-date increase of 125.89% [2] - Yahua Group (雅化集团) rose by 4.16%, with a market cap of 29.4 billion yuan and a year-to-date increase of 119.15% [2] - Zhongkuang Resources (中矿资源) increased by 4.02%, with a market cap of 51.2 billion yuan and a year-to-date increase of 102.76% [2]

债券代码： 148936.SZ 债券简称： 24 川新能 GCV01 中信证券股份有限公司 关于 四川省新能源动力股份有限公司撤销监事会 之 临时受托管理事务报告 发行人 四川省成都市青白江区团结路 311 号 债券受托管理人 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 签署日期：2025 年 11 月 四川省新能源动力股份有限公司（以下简称"发行人"）于 2025 年 11 月 13 日披露了《四川省新能源动力股份有限公司 2025 年第 2 次临时股东会决议公 告》（公告编号：2025-066 号），审议通过了《关于撤销监事会暨修订<公司章程> 的议案》。中信证券股份有限公司（以下简称"中信证券"）作为四川省新能源 动力股份有限公司 2024 年面向专业投资者公开发行碳中和绿色乡村振兴公司债 券（第一期）（以下简称"24 川新能 GCV01"，债券代码：148936.SZ）的债券 受托管理人，持续密切关注对债券持有人权益有重大影响的事项。根据《公司债 券发行与交易管理办法（2023 年修订）》《深圳证券交易所公司债券上市规则 （2023 年修订）》《公司债券受托管理人执业行为准则》《深圳证 ...

Market Overview - The electricity sector experienced a decline of 0.65% on the previous trading day, with Zhaoxin Co., Ltd. leading the losses [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Top gainers in the electricity sector included: - Tuojixineng (002218) with a closing price of 5.06, up 10.00% and a trading volume of 3.2075 million shares, totaling 1.606 billion yuan [1] - Chuaneng Power (000155) closed at 13.33, up 5.63% with a trading volume of 859,500 shares, totaling 1.138 billion yuan [1] - Major losers included: - Zhaoxin Co., Ltd. (002256) with a closing price of 3.85, down 6.10% and a trading volume of 2.4187 million shares, totaling 926 million yuan [2] - Jinfang Energy (001210) closed at 17.58, down 5.74% with a trading volume of 40,800 shares, totaling 72.6635 million yuan [2] Capital Flow - The electricity sector saw a net outflow of 599 million yuan from institutional investors, while retail investors contributed a net inflow of 698 million yuan [2][3] - Notable capital flows included: - Tuojixineng (002218) had a net inflow of 206 million yuan from institutional investors, while retail investors saw a net outflow of 111 million yuan [3] - Chuaneng Power (000155) experienced a net inflow of 119 million yuan from institutional investors, with retail investors facing a net outflow of 90.942 million yuan [3]

Core Insights - The A-share market saw significant gains in lithium mining stocks, with several companies hitting their daily limit up, indicating strong investor interest and market momentum [1][2] - The price of lithium carbonate futures on the Shanghai Futures Exchange surged over 8%, approaching 95,000 yuan per ton, reflecting rising demand and market dynamics [1] Company Performance - Yahua Group experienced a limit-up increase of 10%, with a total market capitalization of 28.8 billion yuan and a year-to-date increase of 114.26% [2] - Shengxin Lithium Energy also saw a 10.01% rise, bringing its market cap to 32.9 billion yuan and a year-to-date increase of 160.74% [2] - Rongjie Co., Ltd. and Dazhong Mining both recorded a 10.01% increase, with market caps of 15.4 billion yuan and 46.6 billion yuan, respectively, and year-to-date increases of 87.06% and 264.12% [2] - Other notable performers included Zhongkuang Resources and Tianqi Lithium, which rose by 9.73% and 9.40%, with market caps of 49.7 billion yuan and 101.6 billion yuan, respectively [2] Market Trends - The overall trend in the lithium sector is positive, with multiple companies showing strong upward momentum, as indicated by the MACD golden cross signal formation [2] - The significant price increase in lithium carbonate futures suggests a bullish outlook for the lithium market, driven by demand from various industries [1]

Group 1 - The core viewpoint of the news is that Chuaneng Power has seen a significant increase in its stock price, rising by 5.13% to reach 12.90 CNY per share, with a trading volume of 356 million CNY and a market capitalization of 23.816 billion CNY [1] - Chuaneng Power, established on October 20, 1997, and listed on September 26, 2000, is primarily engaged in renewable energy generation, including wind power, solar power, and waste-to-energy, as well as lithium mining and processing, and environmental sanitation services [1] - The company's main revenue sources are wind power (50.70%), environmental services (34.63%), and lithium battery-related businesses (14.67%) [1] Group 2 - From the perspective of Chuaneng Power's top circulating shareholders, Southern Fund's Southern CSI 500 ETF (510500) reduced its holdings by 356,300 shares in the third quarter, now holding 16.0806 million shares, which accounts for 0.87% of the circulating shares [2] - The Southern CSI 500 ETF has a total scale of 140.098 billion CNY and has achieved a year-to-date return of 28.42%, ranking 1847 out of 4216 in its category [2] - The fund manager of Southern CSI 500 ETF, Luo Wenjie, has a tenure of 12 years and 209 days, with the fund's total asset scale at 170.445 billion CNY and a best return of 150.16% during his management [3]

| 证券代码：000155 | 证券简称：川能动力 | | 号 | 公告编号：2025-066 | | --- | --- | --- | --- | --- | | 债券代码：148936 | 债券简称：24 | 川新能 GCV01 | | | 四川省新能源动力股份有限公司 2025年第2次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏。 2、现场会议召开地点：四川省成都市武侯区剑南大道中段 716 号 2 号楼 16 楼 1622 会议室。 特别提示： 1、本次股东会没有出现否决提案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议的召开和出席情况 （一）会议召开情况 1、召开时间 （1）现场会议召开时间：2025 年 11 月 12 日 15:30。 （2）网络投票时间：通过深圳证券交易所互联网投票系统 （http://wltp.cninfo.com.cn）的投票时间为 2025 年 11 月 12 日 9:15— 15:00 之间的任意时间；通过深圳证券交易所交易系统进行网络投票的 投票时间为 2025 年 11 月 ...

國 浩律師(成都)事務所 GRANDALL LAW FIRM (CHENGDU) 为出具本法律意见书,国浩律师审阅了贵公司提供的如下文件(电子文档): 1. 《四川省新能源动力股份有限公司关于召开 2025年第２次临时股东会的 通知》； Tel: 86 28 86119970 Fax: 86 28 86119827 E-mail: grandallcd@grandall.com.cn http://www. grandall.com.cn 四川省成都市高新区天府二街 269 号 无国界商务中心 26 号楼 9 层 邮编： 610095 Floor 9,Building 26,Boundary-Free Land, 269 Tianfu 2Street,Hi-tech Zone,Chengdu,China 国浩律师(成都)事务所 关于四川省新能源动力股份有限公司 2025年第 2 次临时股东会之法律意见书 （2025）国浩（蓉）律见字第【29545】号 致:四川省新能源动力股份有限公司 四川省新能源动力股份有限公司（以下简称"贵公司"或"公司"）2025 年第２次临时股东会（以下简称"本次股东会"）现场会议定于 ...

Market Overview - The electricity sector experienced a slight decline of 0.04% on the previous trading day, with Leshan Electric Power leading the drop [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Stock Performance - Notable gainers in the electricity sector included: - Zhaoxin Co., Ltd. (002256) with a closing price of 3.39, up 3.99% on a trading volume of 2.02 million shares and a transaction value of 685 million yuan [1] - Luxiao Technology (002617) closed at 9.06, up 3.07% with a transaction value of 148.9 million yuan [1] - Chuaneng Power (000155) closed at 12.67, up 2.76% with a transaction value of 892 million yuan [1] - Conversely, Leshan Electric Power (600644) saw a significant decline of 5.20%, closing at 11.85 with a transaction value of 954 million yuan [2] - Other notable decliners included: - Huami Environmental Energy (600475) down 4.49% [2] - Haoling Power (600452) down 2.54% [2] Capital Flow - The electricity sector experienced a net outflow of 1.461 billion yuan from main funds, while retail investors contributed a net inflow of 1.5 billion yuan [2] - Key stocks with significant capital flow included: - Luxiao Technology (002617) with a net inflow of 77.42 million yuan from main funds [3] - Zhaoxin Co., Ltd. (002256) with a net inflow of 69.06 million yuan [3] - Jiaze New Energy (601619) with a net inflow of 57.21 million yuan [3]

Core Viewpoint - Chuaneng Power's stock price has shown a significant increase this year, with a 19.70% rise, reflecting positive market sentiment towards the company's operations in renewable energy and environmental services [1][2]. Financial Performance - For the period from January to September 2025, Chuaneng Power reported a revenue of 2.095 billion yuan, a year-on-year decrease of 7.98%, and a net profit attributable to shareholders of 347 million yuan, down 44.83% compared to the previous year [2]. - Cumulative cash dividends since the company's A-share listing amount to 1.153 billion yuan, with 609 million yuan distributed over the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Chuaneng Power was 111,500, a decrease of 6.34% from the previous period, while the average circulating shares per person increased by 6.77% to 16,554 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the ninth largest shareholder with 18.6421 million shares, marking a new entry, and Southern CSI 500 ETF as the tenth largest with 16.0806 million shares, which saw a reduction of 356,300 shares from the previous period [3]. Market Activity - On November 7, Chuaneng Power's stock rose by 2.03%, reaching 12.58 yuan per share, with a trading volume of 256 million yuan and a turnover rate of 1.12%, resulting in a total market capitalization of 23.225 billion yuan [1]. - The stock has experienced a 2.36% increase over the last five trading days, a 19.35% increase over the last 20 days, and a 26.94% increase over the last 60 days [1]. Business Overview - Chuaneng Power, established on October 20, 1997, and listed on September 26, 2000, operates primarily in renewable energy generation, including wind, solar, and waste-to-energy, as well as lithium mining and processing for energy storage [1]. - The company's main revenue sources are wind power (50.70%), environmental services (34.63%), and lithium battery-related businesses (14.67%) [1].

Core Insights - The A-share market has seen a strong performance in the power sector, with several stocks reaching their daily limit up, indicating positive investor sentiment and potential growth in this industry [1]. Company Performance - Meiyan Jixiang (600868) experienced a 10% increase, with a total market capitalization of 6.264 billion and a year-to-date increase of 33.06% [2]. - Mindong Electric Power (000993) rose by 9.97%, with a market cap of 6.466 billion and a year-to-date increase of 69.10% [2]. - Leshan Electric Power (600644) saw an 8.05% increase, with a market cap of 7.293 billion and a year-to-date increase of 106.05% [2]. - Huayin Electric Power (600744) increased by 5.07%, with a market cap of 14.3 billion and a year-to-date increase of 126.69% [2]. - Datang Power (601991) rose by 4.61%, with a market cap of 71.4 billion and a year-to-date increase of 37.83% [2]. - Shanghai Electric (600021) increased by 4.41%, with a market cap of 84.9 billion and a year-to-date increase of 238.53% [2]. - Guangzhou Development (600098) saw a 3.53% increase, with a market cap of 2.57 billion and a year-to-date increase of 19.05% [2]. - Chuaneng Power (000155) rose by 3.05%, with a market cap of 2.31 billion and a year-to-date increase of 18.83% [2].