Core Points - The company has successfully completed the issuance of its first medium-term notes for the year 2025, with a registered amount of 2.5 billion yuan [1][2] - The company is not listed as a dishonest entity according to the "Credit China" website [3] Group 1 - The company held a board meeting on November 25, 2022, and a shareholder meeting on December 12, 2022, to approve the proposal for issuing perpetual medium-term notes [1] - On May 25, 2023, the company completed the issuance of its first medium-term notes, which were registered with the China Interbank Market Dealers Association [2] - The registered amount for the medium-term notes is valid for two years from the date of the acceptance notice [1] Group 2 - The company held a board meeting on September 18, 2024, and a shareholder meeting on October 14, 2024, to approve the proposal for issuing ultra-short-term financing bonds [5] - On April 28, 2025, the company completed the issuance of its second ultra-short-term financing bonds for the year 2025, with a registered amount of 1.5 billion yuan [6] - The registered amount for the ultra-short-term financing bonds is also valid for two years from the date of the acceptance notice [6]

Group 1: Production and Financial Performance - In 2024, the company achieved a total electricity generation of 500.1 billion kWh, an increase of 27.5% year-on-year, with an average settlement price of 437.37 RMB/MWh (including tax), a decrease of 2.82% [1] - For the first quarter of 2025, the company reported a generation of 129.58 billion kWh, a decrease of 7.23% year-on-year, and a sales heat volume of 4,017.89 million GJ, down 3.48% [2] - The company’s total revenue for 2024 was 235.17 billion RMB, a year-on-year increase of 20.09%, with a net profit attributable to the parent company of 5.3 billion RMB, up 181.59% [2] Group 2: Cost Management and Coal Supply - In 2024, the company procured 34.01 million tons of electricity coal, with an average comprehensive benchmark price of 775.12 RMB/ton, a decrease of 10.07% year-on-year [1] - The company’s long-term coal supply agreements cover over 80% of its coal needs, with primary sources being Shanxi, Shaanxi, Inner Mongolia, and local Hebei [5] Group 3: Future Projects and Capacity Expansion - In 2025, the company plans to add a controlled installed capacity of 132,000 kW and an equity installed capacity of 119.5 million kW [8] - Ongoing projects include the construction of the Xibaipo Power Plant Phase IV (2×66,000 kW) and the Renqiu Thermal Power Plant Phase II (2×35,000 kW), both expected to be operational by 2026 [8] Group 4: Market Conditions and Trading - The company reported that approximately 80% of the electricity traded in 2025 was through bilateral negotiations [3] - The Hebei region's spot market began trial operations on March 1, 2025, with the company prepared for normal trading activities [4] Group 5: Dividend Policy and Investor Relations - The company has increased its cash dividend distribution from 30% to 50% of the distributable profits as part of its three-year shareholder return plan (2024-2026) [8]

河北建投能源投资股份有限公司（以下简称"公司"）于 2022 年 11 月 25 日召开的第九届董事会第十次临时会议以及 2022 年 12 月 12 日召 开的 2022 年第四次临时股东大会审议通过了《关于拟注册发行永续中期 票据的议案》。 2023 年 5 月 25 日，公司收到中国银行间市场交易商协会《接受注 册通知书》（中市协注〔2023〕MTN579 号）：中国银行间市场交易商协 会于 2023 年 5 月 10 日召开了 2023 年第 57 次注册会议，决定接受公司 中期票据注册，注册金额为 25 亿元，注册额度自通知书落款之日起 2 年 内有效，在注册有效期内可分期发行中期票据。 2025 年 4 月 29 日，公司完成了 2025 年度第一期中期票据（科创票 据）的发行，有关情况如下： | 债券全称 | 河北建投能源投资股份有限公司 | | | | | | --- | --- | --- | --- | --- | --- | | | 2025 年度第一期中期票据（科创票据） | | | | | | 债券简称 | 冀能投 25 （科创票据） | MTN001 | 债券代码 | 102581 ...

| 证券代码：000600 | 证券简称：建投能源 | 公告编号：2025-26 | | --- | --- | --- | | 证券代码：149516 | 证券简称：21建能01 | | | 证券代码：149743 | 证券简称：21建能02 | | 河北建投能源投资股份有限公司 关于公司 2025 年度第二期超短期融资券 发行完成的公告 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。 河北建投能源投资股份有限公司（以下简称"公司"）于 2024 年 9 月 18 日召开的第十届董事会第十三次临时会议以及 2024 年 10 月 14 日 召开的 2024 年第三次临时股东大会审议通过了《关于拟注册发行超短期 融资券的议案》。 2024 年 12 月 9 日，公司收到中国银行间市场交易商协会《接受注 册通知书》（中市协注〔2024〕SCP378 号）：中国银行间市场交易商协会 于 2024 年 12 月 3 日召开了 2024 年第 156 次注册会议，决定接受公司超 短期融资券注册，注册金额为 15 亿元，注册额度自通知书落款之日起 2 年内有效，在注册有效 ...

Group 1 - The supercritical power generation concept declined by 1.53%, ranking among the top declines in the concept sector, with companies like Guangxi Energy and Changyuan Power hitting the limit down [1][2] - Among the stocks in the supercritical power generation sector, 22 stocks saw price increases, with the top gainers being Guanlong Energy, Huayin Power, and Evergrande High-tech, which rose by 7.59%, 5.36%, and 4.24% respectively [1][2] Group 2 - The supercritical power generation sector experienced a net outflow of 1.123 billion yuan, with 48 stocks seeing net outflows, and five stocks having outflows exceeding 50 million yuan [2] - The stock with the highest net outflow was Huayin Power, which saw a net outflow of 387.43 million yuan, followed by Huadian Liaoning, Jidian Co., and Jiantou Energy with net outflows of 97.76 million yuan, 88.21 million yuan, and 82.41 million yuan respectively [2][3] Group 3 - The top stocks with net inflows in the supercritical power generation sector included Shanghai Electric, Jingneng Power, and Dalian Heavy Industry, with net inflows of 50.19 million yuan, 48.47 million yuan, and 33.65 million yuan respectively [2][3]

抽水蓄能概念资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 600905 | 三峡能源 | -1.15 | 0.41 | -9232.77 | | 000875 | 吉电股份 | -6.76 | 4.28 | -8821.35 | | 000600 | 建投能源 | -4.39 | 7.97 | -8240.78 | | 300040 | 九洲集团 | -4.81 | 24.61 | -6882.99 | | 000899 | 赣能股份 | -8.56 | 6.00 | -4946.42 | | 600795 | 国电电力 | -1.74 | 0.88 | -4860.93 | | 600886 | 国投电力 | -0.78 | 0.47 | -4695.00 | | 000543 | 皖能电力 | -2.37 | 2.35 | -4586.74 | | 002202 | 金风科技 | 0.00 | 1.45 | -4065.78 | | 001896 | 豫能控股 | -4.97 | ...

Core Insights - The company reported a significant increase in revenue and net profit for 2024, with total revenue reaching 23.517 billion yuan, up 20.09% year-on-year, and net profit attributable to shareholders increasing by 181.59% to 531 million yuan [1] - The company’s operational performance in the power generation sector showed a substantial increase in electricity output, with a total of 50.366 billion kWh generated, reflecting a year-on-year growth of 27.79% [2] - The company is actively advancing its construction projects, which are expected to ensure long-term growth in electricity generation capacity [3] Financial Performance - In 2024, the company achieved a total operating revenue of 23.517 billion yuan, a year-on-year increase of 20.09% [1] - The net profit attributable to shareholders reached 531 million yuan, marking a significant increase of 181.59% compared to the previous year [1] - The company’s net profit excluding non-recurring items was 399 million yuan, showing an extraordinary growth of 5401.22% year-on-year [1] Operational Highlights - The company’s controlled power generation companies completed a total electricity output of 50.366 billion kWh, an increase of 27.79% year-on-year, primarily due to acquisitions and expanded capacity [2] - The average on-grid electricity price decreased by over 0.1 yuan to 438.22 yuan per MWh (including tax), yet the revenue from thermal power generation still grew by 18.50% year-on-year [2] - The company’s coal procurement reached 34.01 million tons, with an average coal price of 822.02 yuan per ton, down 92.02 yuan per ton year-on-year, leading to a 4.28% reduction in fuel costs [2] Project Development - The company is progressing with several construction projects, including the Xibaipo Power Plant Phase IV and Renqiu Thermal Power Phase II, which are expected to be operational by 2026 [3] - There are ongoing projects in distributed energy storage, pumped storage, and offshore wind, which are anticipated to contribute to long-term electricity generation growth [3] Future Outlook - In Q1 2025, the company reported a slight decline in electricity output to 12.073 billion kWh, down 7.22% year-on-year, with heating output also decreasing by 2.94% [4] - Despite the decline in output, the company’s cost structure may improve due to continued decreases in coal prices, potentially enhancing profitability [4] - Profit forecasts for 2025-2027 indicate expected net profits of 1.031 billion yuan, 1.227 billion yuan, and 1.277 billion yuan, representing year-on-year growth rates of 94.02%, 19.10%, and 4.04% respectively [4]

Financial Performance - The company's operating revenue for Q1 2025 was ¥6,575,511,055.07, a decrease of 5.84% compared to the same period last year[4] - Net profit attributable to shareholders increased by 75.94% to ¥443,801,639.54, compared to ¥251,548,839.90 in the previous year[4] - Basic earnings per share rose to ¥0.248, up 75.89% from ¥0.140 in the same period last year[5] - Operating profit increased significantly to approximately $739 million, compared to $380 million in the previous period, reflecting an increase of 94.3%[27] - Net profit for the current period reached approximately $628 million, up 104.5% from $308 million in the previous period[28] Cash Flow - The net cash flow from operating activities reached ¥829,563,640.35, representing a significant increase of 128.00% year-on-year[5] - Cash flow from operating activities generated approximately $830 million, a substantial increase from $364 million in the previous period[30] - The net cash flow from investing activities was negative at ¥-1,148,137,810.72, indicating increased cash outflows for investments[14] - Cash and cash equivalents at the end of the period totaled approximately $2.54 billion, slightly down from $2.57 billion at the end of the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥47,110,009,108.71, a slight decrease of 0.06% from the previous year[5] - Total current assets decreased from 8.14 billion RMB to 7.73 billion RMB, a reduction of approximately 5.67%[21] - Total non-current assets increased from 39.00 billion RMB to 39.38 billion RMB, an increase of approximately 0.97%[22] - Total liabilities decreased from 29.56 billion RMB to 28.85 billion RMB, a reduction of approximately 2.40%[23] - The company's total assets slightly decreased from 47.14 billion RMB to 47.11 billion RMB, a reduction of approximately 0.06%[22] - The company's cash and cash equivalents increased from 1.97 billion RMB to 2.57 billion RMB, an increase of approximately 30.25%[21] Research and Development - Research and development expenses increased by 110.27% to ¥169,502,445.53, reflecting a rise in R&D projects[12] - Research and development expenses rose to approximately $170 million, up 109% from $81 million in the previous period, indicating a strong focus on innovation[26] Investment Income - Investment income grew by 54.66% to ¥83,573,869.93, attributed to increased profits from associated companies[12] - The company reported a significant increase in investment income to approximately $84 million, compared to $54 million in the previous period, marking a growth of 55.6%[27] Operational Metrics - In Q1 2025, the company's power generation reached 12.958 billion kWh, a decrease of 7.23% year-on-year[18] - The average on-grid electricity price was 433.65 RMB/MWh (including tax), down 1.39% year-on-year[19] - The average comprehensive standard coal price was 775.12 RMB/ton, a decrease of 11.43% year-on-year[19] - The average utilization hours of generating units decreased by 101 hours year-on-year to 1,059 hours[18] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]

Core Viewpoint - The company, Jiantou Energy, has demonstrated strong growth momentum as a regional energy leader, highlighted by its impressive 2024 annual report amid the dual backdrop of energy structure transformation and deepening electricity market reforms [1] Financial Performance - In 2024, the company achieved a record revenue of 23.517 billion yuan, a year-on-year increase of 20.09% [2] - The net profit attributable to shareholders reached 531 million yuan, a significant year-on-year growth of 181.59% [2] - The non-recurring net profit surged by 5401.22% to 399 million yuan, indicating a qualitative leap in core business profitability [2] - The proposed cash dividend is 1.30 yuan per 10 shares, totaling approximately 235 million yuan, which represents 44.28% of the net profit attributable to shareholders [3] Business Operations - The company focuses on traditional coal-fired power generation while actively expanding into renewable energy sectors such as solar and energy storage [4] - In 2024, the company operated 14 coal-fired power plants, generating 53.890 billion kWh, an increase of 116.24 billion kWh year-on-year [5] - The average on-grid electricity price was 438.22 yuan per MWh, a decrease of 12.57 yuan per MWh compared to the previous year [5] - Revenue from coal-fired power generation was 21.643 billion yuan, up 18.50% year-on-year, while solar power revenue exceeded 1.03 billion yuan, growing at 30.49% [5] Research and Development - The company increased its R&D investment to 1.152 billion yuan, a year-on-year growth of 34.13% [6] - It implemented 224 technology R&D projects and received 80 patent authorizations, including 27 invention patents [6] - The company has established several technology innovation centers and achieved international leading and advanced levels in various projects [7] Future Strategy - For 2025, the company aims to enhance its position as a leading comprehensive energy service provider, focusing on low-carbon, clean, and flexible development [8] - The strategy includes improving core competitiveness, expanding main business scale, ensuring safety and risk management, and leveraging the public listing for effective market value management [8][9] - The operational model will emphasize market-oriented and efficiency-centered approaches, enhancing asset performance and optimizing coal procurement [9]

4月24日，建投能源（000600）(000600.SZ)发布2024年度可持续发展报告，这是公司连续第二年披露 ESG实践成果。 国企高质量发展新范式经济效益与社会效益双提升 建投能源主营业务为投资、建设、运营管理以电力生产为主的能源项目，电力业务以燃煤火力发电和供 热为主，同时积极拓展光伏、储能等新能源板块，涉及核电、风电、水电等项目投资。数据显示，2024 年底，建投能源控股运营火电装机1,177万千瓦，新能源装机45.71万千瓦，供热覆盖面积2.85亿平方 米。全年实现火电发电量538.90亿千瓦时，光伏发电量3.65亿千瓦时，供热量7,166.60万吉焦。 报告显示，建投能源全年实现营业收入235.17亿元，同比增长20.09%；归母净利润5.31亿元，同比大幅 增长181.59%。报告期内，在火电行业盈利修复、新能源布局加速的背景下，公司通过深化ESG治理、 推动绿色低碳转型，实现了经济效益与社会价值的双赢，为国企高质量发展提供了新范式。 促进低碳转型共同迈向可持续未来 在全球能源转型加速与"双碳"目标深化的背景下，建投能源全面贯彻落实"源头治理、综合防治"的环保 方针，扎实开展环保监督、环境信息 ...