Sichuan New Energy Power Co., Ltd. 2025 Semi-Annual Performance Forecast [Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company expects net profit attributable to shareholders for H1 2025 to significantly decline, forecasting a profit of RMB 280 million to RMB 330 million, a year-on-year decrease of 47.91% to 55.80%, with basic earnings per share also declining Key Financial Performance Indicators | Item | Current Period (H1 2025) | Prior Year Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: 280 - 330 RMB (Millions) | Profit: 633.5351 RMB (Millions) | Decrease: 47.91% - 55.80% | | **Net Profit Attributable to Shareholders (Excluding Non-Recurring Items)** | Profit: 275 - 320 RMB (Millions) | Profit: 629.2220 RMB (Millions) | Decrease: 49.14% - 56.30% | | **Basic Earnings Per Share** | Profit: 0.15 - 0.18 RMB/share | Profit: 0.41 RMB/share | - | [Communication with Accounting Firm](index=1&type=section&id=Communication%20with%20Accounting%20Firm) The financial data in this performance forecast represents preliminary estimates by the company's finance department and has not yet been audited by an accounting firm - The performance forecast data is a preliminary estimate by the company's finance department, unaudited by the accounting firm[3](index=3&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Explanation%20of%20Performance%20Changes) The performance decline is primarily due to reduced wind power settlement volume from grid upgrades and maintenance, and inventory impairment provisions due to falling lithium product prices - Reduced settlement electricity volume due to national grid upgrades and power outage maintenance led to a decline in both revenue and profit for the company's high-margin wind power business[4](index=4&type=chunk) - Falling lithium product market prices resulted in increased inventory and a corresponding provision for inventory impairment, negatively impacting profit[4](index=4&type=chunk)[5](index=5&type=chunk) [Risk Warning](index=2&type=section&id=Risk%20Warning) The company advises investors that this preliminary and unaudited performance forecast data will be finalized in the 2025 semi-annual report, urging caution regarding investment risks - This performance forecast is preliminary data; specific financial figures will be subject to the company's subsequent 2025 semi-annual report disclosure, advising investors to make cautious decisions[6](index=6&type=chunk)

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法定代表人变 更并完成工商变更登记 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 7 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 7 月 3 日披露《四川省新能源动力股份有限公司关于公司法定代表人变更并完成工商变 更登记的公告》（公告编号：2025-040 号），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》 《深圳证券交易所公司债券存续期监管业务指引 ...

证券代码：000155 证券简称：川能动力 公告编号：2025-040号 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 关于完成公司法定代表人工商变更登记的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 四川省新能源动力股份有限公司（以下简称"公司"）于2025年 5月28日召开第九届董事会第七次会议，会议选举张忠武先生为公司 董事长，详见公司于2025年5月29日披露的《第九届董事会第七次会 议决议公告》（公告编号：2025-037号）。根据《四川省新能源动力 股份有限公司章程（2024年修订）》的有关规定，董事长为公司的法 定代表人。 近日，公司完成了法定代表人的工商变更登记手续，公司法定代 表人已变更为张忠武先生，并取得成都市市场监督管理局颁发的新营 业执照。除上述事项外，公司营业执照其他登记事项不变。 特此公告。 四川省新能源动力股份有限公司董事会 2025 年 7 月 3 日 ...

Group 1: Company Overview - Sichuan New Energy Power Company Limited focuses on green energy, primarily engaging in renewable energy generation and lithium battery production [11][12] - The company operates wind power, photovoltaic power, waste incineration power generation, and lithium salt production [11][12] Group 2: Financial Performance - As of the end of 2024, the company reported a total installed capacity of 1.2977 million kW for photovoltaic projects and 1.2738 million kW for wind power projects, achieving a total electricity generation of 4.015 billion kWh, a year-on-year increase of 18.12% [14] - The company’s lithium salt production capacity reached 15,000 tons per year, with a total production of 11,300 tons in 2024 [15] - The company’s financial indicators showed a current ratio of 2.20 and a debt-to-asset ratio of 49.92% as of the end of 2024, indicating improved liquidity and financial stability [22] Group 3: Bond Issuance and Management - The company issued a bond named "24 Sichuan New Energy GCV01" with a total amount of 200 million yuan, which is fully allocated to green projects with carbon reduction benefits [18][20] - The bond has a fixed interest rate of 2.42% and is set to mature on November 4, 2027 [6][5] - The bond management is conducted by CITIC Securities, which has been actively monitoring the issuer's compliance with information disclosure and financial obligations [7][8] Group 4: Industry Outlook - The renewable energy sector, particularly wind and solar power, is expected to grow significantly due to China's commitment to carbon neutrality and the increasing demand for clean energy [12][13] - The lithium battery market is also projected to expand, driven by the global shift towards electric vehicles and renewable energy storage solutions [12][13]

（2024年度） 债券简称：24 川新能 GCV01 债券代码：148936.SZ 四川省新能源动力股份有限公司 公司债券受托管理事务报告 发行人 四川省新能源动力股份有限公司 （四川省成都市武侯区剑南大道中段 716 号 2 号楼 16 楼） 债券受托管理人 中信证券股份有限公司 （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） 2025 年 6 月 重要声明 中信证券股份有限公司（以下简称"中信证券"）编制本报告的内容及信息均 来源于四川省新能源动力股份有限公司（以下简称"川能动力"、"发行人"或"公 司"）对外披露的《四川省新能源动力股份有限公司 2024 年年度报告》等相关公开 信息披露文件、发行人提供的证明文件以及第三方中介机构出具的专业意见。本报 告中的"报告期"是指 2024 年 11 月 4 日至 2024 年 12 月 31 日。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为中信证券所作的承诺 或声明。 1 目录 | 第一节 | 公司债券概况······························· ...

证券代码：000155 证券简称：川能动力 公告编号：2025-039号 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 关于公司控股股东权益变动的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示： 本次控股股东权益变动系四川能源发展集团有限责任公司（以 下简称"四川能源发展集团")承继四川省能源投资集团有限责任公 司（以下简称"能投集团"）直接及间接持有的四川省新能源动力 股份有限公司（以下简称"公司"）股份从而成为公司控股股东， 公司实际控制人仍为四川省政府国有资产监督管理委员会（以下简 称"四川省国资委"）。 2025 年 3 月 1 日，公司发布了《四川省新能源动力股份有限公 司关于收购报告书摘要及股东权益变动的提示性公告》（公告编号 2025-008 号），公告了关于本次合并涉及的权益变动情况并披露了 《四川省新能源动力股份有限公司收购报告书摘要》《四川省新能 源动力股份有限公司简式权益变动报告书》等相关要件。 2025 年 3 月 6 日，公司披露了《四川省新能源动力股份有限公 司收购 ...

四川省新能源动力股份有限公司 2025 年度跟踪评级报告 声 明 中诚信国际信用评级有限责任公司 2025 年 6 月 26 日 * [16] A. A. K. 编号：信评委函字[2025]跟踪 1436 号 四川省新能源动力股份有限公司 2025 年度跟踪评级报告 本次评级为委托评级，中诚信国际及其评估人员与评级委托方、评级对象不存在任何其他影响本次评级行为独立、 客观、公正的关联关系。 本次评级依据评级对象提供或已经正式对外公布的信息，以及其他根据监管规定收集的信息，中诚信国际按照相关 性、及时性、可靠性的原则对评级信息进行审慎分析，但中诚信国际对于相关信息的合法性、真实性、完整性、准 确性不作任何保证。 中诚信国际及项目人员履行了尽职调查和诚信义务，有充分理由保证本次评级遵循了真实、客观、公正的原则。 评级报告的评级结论是中诚信国际依据合理的内部信用评级标准和方法、评级程序做出的独立判断，未受评级委托 方、评级对象和其他第三方的干预和影响。 本评级报告对评级对象信用状况的任何表述和判断仅作为相关决策参考之用，并不意味着中诚信国际实质性建议任 何使用人据此报告采取投资、借贷等交易行为，也不能作为任何人购买 ...

债券代码： 148936.SZ 债券简称： 24 川新能 GCV01 四川省新能源动力股份有限公司控股股东权益 变动的进展 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 中信证券股份有限公司 关于 发行人于 2024 年 11 月 30 日发布了《四川省新能源动力股份有限公司关于 控股股东四川省能源投资集团有限责任公司与四川省投资集团有限责任公司筹 划战略重组的提示性公告》（公告编号：2024-084 号），并分别于 2024 年 12 月 31 日、2025 年 1 月 15 日和 2025 年 2 月 28 日发布了《四川省新能源动力股份有限 公司关于控股股东四川省能源投资集团有限责任公司与四川省投资集团有限责 任公司战略重组的进展公告》（公告编号：2024-088 号、2025-003 号、2025-007 号），公告了关于发行人的控股股东能投集团与四川省投资集团有限责任公司实 施新设合并设立四川能源发展集团事宜（以下简称"本次合并"）。 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 6 月 四川省新能源动力股份有限公司（ ...

Group 1 - The core focus of Chuaneng Power is on green energy, with main businesses including renewable energy generation and lithium battery operations [1] - The company has a total installed capacity of approximately 1.45 million kilowatts and expects to generate 5.079 billion kilowatt-hours of electricity in 2024 [1] - Chuaneng Power controls the Lijiagou lithium mine, with an annual production of approximately 180,000 tons of concentrate, and the Ding Sheng Lithium project is expected to produce 11,300 tons of lithium salt products in 2024 [1] Group 2 - The company plans to add 2.0708 million kilowatts of wind and solar power capacity in 2025, with no current plans for upgrades to existing wind farms and solar power stations [1] - The settlement method with grid companies remains unchanged, but future electricity prices for renewable energy will undergo market-oriented reforms [1] - The policy environment for lithium mining is stable, but sales of lithium products are significantly affected by market prices [1] Group 3 - The Lijiagou lithium mine project is expected to begin trial operations in the fourth quarter of 2024, with specific production ramp-up timelines dependent on trial runs [1] - The company has encouraged its controlling shareholder to increase shareholdings and has implemented cash dividends, with plans to explore market value management measures in the future [1]

Group 1: Company Overview - The company focuses on green energy, with main businesses including renewable energy generation and lithium battery operations [2] - Total installed capacity for renewable energy is approximately 1.45 million kW, with wind and solar power accounting for 1.2977 million kW [3] - The company has a waste-to-energy capacity of 156,500 kW, processing over 6,800 tons daily, with an expected generation of 1.064 billion kWh in 2024 [3] Group 2: Lithium Operations - The company holds mining rights for the Li Jiagou lithium mine, with proven reserves of 38.812 million tons and an average grade of 1.30% [3] - Annual production capacity is projected at 1.05 million tons of raw ore and approximately 180,000 tons of concentrate [3] - The company aims to produce 11,300 tons of lithium salt in 2024 through a combination of processing and self-production [3] Group 3: Future Plans and Capacity Expansion - In 2025, the company plans to increase its installed capacity for wind and solar power to 2.0708 million kW, with seven projects already under construction [3] - There are no current upgrade plans for existing wind and solar facilities [3] Group 4: Market and Policy Environment - The settlement method with the grid company remains unchanged, with no immediate impact on sales revenue [4] - Future electricity prices for renewable energy will undergo market reforms as per the National Development and Reform Commission's 2025 guidelines [4] - The policy environment for lithium resource development is stable, but market prices significantly affect sales [5] Group 5: Financial Management - The company has previously facilitated a share buyback by the controlling shareholder amounting to approximately 300 million yuan [5] - A cash dividend of 295 million yuan was distributed to all shareholders in 2024 [5] - The company will continue to implement market value management measures in line with state-owned asset supervision policies [5]