本公司及董事会全体成员保证公告内容真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 动和信息披露等规定，实际出售时间、数量、价格及投资收益情况存 在不确定性。敬请广大投资者注意投资风险。 广州恒运企业集团股份有限公司 关于出售部分越秀资本股份事项获得 广州高新区现代能源集团有限公司批复的公告 广州恒运企业集团股份有限公司（以下简称"公司"）为盘活公 司资产，优化资产结构，提高资产流动性，更好地满足公司经营发展 需要，公司于 2025 年 9 月 26 日召开第十届董事会第十次会议，审议 通过了《关于出售部分越秀资本股份的议案》，同意授权经营管理层 通过集中竞价交易方式择机出售不超过广州越秀资本控股集团股份 有限公司（以下简称"越秀资本"）总股本 1%的股份。详情请见公 司 2025 年 9 月 27 日披露的《关于出售部分越秀资本股份的公告》（公 告编号：2025-039）。本次交易完成后，公司仍为越秀资本持股 5% 以上股东，依法享有越秀资本股东权利，并继续按照长期股权投资权 益法核算剩余持股的投资收益，不会影响公司对越秀资本长期以来的 战略投资。 近日，公司收到有权国资审批单位广州高新区现代能源 ...

Core Viewpoint - The stock of Suihengyun A has experienced fluctuations, with a current price of 6.95 CNY per share, reflecting a year-to-date increase of 22.34% and a recent decline of 2.11% on October 22 [1] Financial Performance - For the first half of 2025, Suihengyun A reported operating revenue of 2.07 billion CNY, a year-on-year decrease of 6.55%, while net profit attributable to shareholders increased by 135.99% to 217 million CNY [2] - Cumulative cash dividends since the company's listing amount to 2.2 billion CNY, with 244 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Suihengyun A is 25,200, a decrease of 0.50% from the previous period, with an average of 36,141 circulating shares per shareholder, an increase of 0.50% [2] - The ninth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 4.3347 million shares, down by 1.5349 million shares from the previous period [3] Market Activity - On October 22, 2023, Suihengyun A's trading volume reached 99.7131 million CNY, with a turnover rate of 1.56% and a total market capitalization of 7.238 billion CNY [1] - The stock has seen a net outflow of 15.7859 million CNY in principal funds, with significant selling pressure observed in large orders [1]

Group 1 - The A-share market saw a rise in power stocks, with Shanghai Electric hitting the daily limit, Hunan Development increasing over 6%, and Yunnan Energy Holdings rising over 4% [1] - Notable performers include Jiangxi Energy and Hubei Energy, both increasing over 3% [1] Group 2 - Shanghai Electric (code: 600021) rose by 9.99%, with a total market value of 68.6 billion and a year-to-date increase of 173.72% [2] - Hunan Development (code: 000722) increased by 6.64%, with a market value of 6.034 billion and a year-to-date increase of 38.09% [2] - Yunnan Energy Holdings (code: 001896) rose by 4.43%, with a market value of 9.353 billion and a year-to-date increase of 47.71% [2] - Jiangxi Energy (code: 000899) increased by 3.96%, with a market value of 10.5 billion and a year-to-date increase of 28.25% [2] - Hubei Energy (code: 000883) rose by 3.86%, with a market value of 31.4 billion and a year-to-date decrease of 0.63% [2] - Guiguan Electric (code: 600236) increased by 3.51%, with a market value of 58.1 billion and a year-to-date increase of 11.01% [2]

Core Viewpoint - Yancheng Hengzheng Comprehensive Energy Service Co., Ltd. has been established, focusing on various energy services including power generation and photovoltaic equipment manufacturing [1] Company Summary - The legal representative of the newly established company is Huang Qiyin [1] - The business scope includes power generation, transmission, distribution, and manufacturing and sales of photovoltaic equipment and components [1] - The company is jointly owned by Zhejiang Zhengtai New Energy Development Co., Ltd. and Guangzhou Hengyun New Energy Co., Ltd., a wholly-owned subsidiary of Suihengyun A [1]

Core Viewpoint - A significant number of A-share listed companies have released performance forecasts for the first three quarters of 2025, with most indicating an increase in net profit, and several companies are expected to see their net profits double year-on-year [1][2]. Group 1: Company Performance Highlights - Haiguang Information reported a revenue of 9.49 billion yuan for the first three quarters of 2025, a year-on-year increase of 54.65%, and a net profit of 1.961 billion yuan, up 28.56% [2][3]. - In Q3 alone, Haiguang Information achieved a revenue of 4.026 billion yuan, representing a 69.6% increase year-on-year, and a net profit of 760 million yuan, up 13.04% [3]. - Tai Ling Microelectronics expects a revenue of approximately 766 million yuan for the first three quarters of 2025, a 30% increase year-on-year, and a net profit of about 140 million yuan, reflecting a growth of 118% [3]. - ST Bailing anticipates a net profit of 85 million to 127 million yuan for the first three quarters, marking a growth of 66.23% to 148.37% year-on-year [5]. - Asia-Pacific Co. forecasts a net profit of 310 million to 335 million yuan, an increase of 97.38% to 113.30% compared to the previous year [6]. - Meinian Health expects a net profit of 42 million to 62 million yuan, representing a growth of 70.51% to 151.70% year-on-year [6]. Group 2: Market Reactions and Trends - The performance forecasts have led to a surge in stock prices for several companies, with notable increases observed after the announcements [8]. - On October 15, Suihengyun's stock price hit the upper limit after announcing a projected net profit of 345 million to 515 million yuan, a year-on-year increase of 87.83% to 180.38% [9]. - Tongda Co. also saw its stock price rise sharply after forecasting a net profit of 152 million to 180 million yuan, an increase of 50.01% to 111.12% year-on-year [10]. - Jiantou Energy's stock price increased by 5.12% following its forecast of a net profit of approximately 1.583 billion yuan, a year-on-year increase of about 231.75% [11]. Group 3: Industry Outlook - CITIC Securities projects a positive outlook for the electronics industry in the second half of the year and into next year, driven by the peak season for consumer electronics and the release of new AI products [4].

Market Overview - The electricity sector increased by 0.42% compared to the previous trading day, with Shanghai Electric leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Stock Performance - Shanghai Electric (600021) closed at 24.23, up 9.99% with a trading volume of 1.8894 million shares and a transaction value of 4.35 billion [1] - Other notable performers include: - Suihengyun A (000531) at 6.86, up 9.94% [1] - ST Yinda (300125) at 10.93, up 8.11% [1] - Shimao Energy (605028) at 27.43, up 6.90% [1] - Jiantou Energy (000600) at 8.83, up 5.12% [1] Fund Flow Analysis - The electricity sector saw a net inflow of 51.26 million from institutional investors, while retail investors contributed a net inflow of 101 million [2] - Notable net inflows from major stocks include: - Shanghai Electric with a net inflow of 441 million [3] - Huaneng International (600011) with a net inflow of 70.87 million [3] - Suihengyun A with a net inflow of 50.87 million [3] Declining Stocks - Some stocks in the electricity sector experienced declines, including: - Changqing Group (002616) down 3.99% to 6.25 [2] - Zhonglv Electric (000537) down 3.95% to 9.00 [2] - Huaguang Huaneng (600475) down 1.95% to 16.55 [2]

Group 1 - The A-share market showed strong performance, with the ChiNext Index rising over 2.00%, the Shanghai Composite Index increasing by 0.90%, and the Shenzhen Component Index up by 1.40% [1] - Sectors such as pharmaceuticals, robotics, electric power, and textiles led the gains, with nearly 3,900 stocks in the Shanghai, Shenzhen, and Beijing markets experiencing price increases [1] Group 2 - Notable stock performances included Shanghai Electric (code: 600021) with a rise of 9.99% and a total market capitalization of 68.4 billion, and Suihengda A (code: 000531) with a 9.94% increase and a market cap of 7.144 billion [2] - Other significant gainers included Shimao Energy (code: 605028) up by 7.44% with a market cap of 4.411 billion, and Jiantou Energy (code: 000600) which rose by 5.24% with a market cap of 16 billion [2] - Year-to-date performance showed Shanghai Electric with a 172.60% increase, while Jiantou Energy had a 58.93% rise [2]

Core Viewpoint - The A-share market has seen a significant rise in power stocks, with notable gains in companies such as Shanghai Electric and Suihengyun A, which hit the daily limit, indicating strong investor interest in the sector [1]. Group 1: Stock Performance - Shanghai Electric (600021) increased by 9.99%, with a total market capitalization of 68.4 billion and a year-to-date increase of 172.60% [2]. - Suihengyun A (000531) rose by 9.94%, with a market cap of 7.144 billion and a year-to-date increase of 20.71% [2]. - Shimao Energy (605028) saw a gain of 7.44%, with a market cap of 4.411 billion and a year-to-date increase of 70.48% [2]. - Jiantou Energy (000600) increased by 5.24%, with a market cap of 16 billion and a year-to-date increase of 58.93% [2]. - Ganeng Co. (000899) rose by 4.59%, with a market cap of 10.2 billion and a year-to-date increase of 24.92% [2]. - Jingneng Electric (600578) increased by 4.33%, with a market cap of 30.7 billion and a year-to-date increase of 33.44% [2].

Core Viewpoint - Suihengyun A (SZ000531) reached its daily limit of 6.86 yuan, with a 9.94% increase, driven by strategic transformation towards renewable energy, significant profit growth, and financial optimization [2]. Group 1: Company Developments - The company is undergoing a strategic transformation, with its renewable energy business becoming a new growth point. The Shantou 550MW fish-solar complementary photovoltaic project has been put into operation, adding 241MWh of energy storage. Additionally, the hydrogen energy industrial park is progressing, and the company has signed strategic cooperation agreements with Hyundai Motor's hydrogen fuel cell system and Guangzhou Wenyan Zhixing Technology [2]. - The net profit for the first three quarters of 2025 is expected to increase significantly by 87.83% to 180.38%, with the attributable net profit reaching between 345 million and 515 million yuan, indicating a substantial improvement in profitability [2]. Group 2: Industry Context - The renewable energy sector has garnered widespread market attention, with increasing policy support for clean energy development. Many stocks in the photovoltaic and hydrogen energy sectors have shown active performance recently, aligning Suihengyun A's transformation with industry trends, creating a sectoral synergy effect [2]. Group 3: Financial Performance - The company's financial structure has improved, with the debt ratio decreasing from 61.78% to 58.58%, and financial expenses dropping by 14.57%. This reflects positive outcomes in financial management, enhancing market confidence in the company [2]. - Although not detailed, the technical aspects suggest that the focus on the company's performance and transformation may have attracted significant capital inflow, leading to the stock price hitting the daily limit [2].

Core Viewpoint - The A-share market has seen a significant rise in power stocks, indicating positive investor sentiment in the energy sector [1] Group 1: Company Performance - Shanghai Electric and Suihengyun A stocks reached the daily limit up [1] - Shimao Energy increased by over 7% [1] - Jiantou Energy rose by over 5% [1] - Ganneng Co. and Jingneng Power both saw increases of over 4% [1]