Group 1: Company Overview - The company operates a total of 6 controlling power plants and 8 joint venture power plants, with a total installed capacity of 5.68 million kilowatts and an equity installed capacity of 6.6585 million kilowatts [1] - There are currently 2 new thermal power projects under construction: Xingtai Thermal Power (2×350,000 kW) and Chengde Thermal Power (2×350,000 kW), both of which have entered the construction phase [1] Group 2: Shareholder and Asset Injection Plans - The controlling shareholder, JianTou Group, has committed to supporting the development of JianTou Energy in the thermal power sector and will prioritize new thermal power projects and related asset operations for JianTou Energy [2] - JianTou Group aims to inject profitable thermal power assets into JianTou Energy within three years after the completion of the current transaction, while assets with poor profitability will be improved to meet listing conditions within five years [2] Group 3: Impact of Power System Reform - The new round of power system reform initiated in March 2015 aims to establish a new profit model for grid companies and allows private capital to enter the distribution and sales sectors, which is expected to enhance the competitiveness of power generation companies [2] - JianTou Energy plans to actively study policy dynamics and seize opportunities for sustainable development in response to the reform [2] Group 4: Employee Stock Ownership Plan - Currently, there is no employee stock ownership plan in place at JianTou Energy [2]

1 证券代码： 000600 证券简称：建投能源 河北建投能源股份有限公司投资者关系活动记录表 编号：2015-02 | --- | --- | --- | |-----------------------------|------------------------------|---------------------------------------------------------------------------------------------------------| | | | | | | √ 特定对象调研 | □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 □其他 | | | 参与单位名称及 人员姓名 | 申万宏源 韩启明 | | | 时间 | 2015 年 6 月 30 日 | | | 地点 | 公司会议室 | | | 上市公司接待 人员姓名 | | 董事会秘书 谢少鹏 证券事务代表 郭嘉 | | 投资者关系活动 主要内容介绍 | | 问：公司控股股东建投集团最近是否有资产注入计划 ...

Group 1: Company Operations - The main source of coal for the company's power generation comes from Shanxi, Shenhua Group, Inner Mongolia, and local sources in Hebei [1] - The company’s heating prices vary significantly across different regions, determined by local pricing departments [1] - As of March 2015, the company is undergoing upgrades to meet ultra-low emission standards for coal-fired power plants, with SO2 emissions targeted at 35 mg/Nm3, NOX at 50 mg/Nm3, and particulate matter at 5 mg/Nm3 [2] Group 2: Future Development Strategy - The company aims to enhance its environmental investments in power generation and strategically manage technical upgrades to minimize impacts on electricity output [2] - Future development will focus on market-oriented, professional, and international strategies, leveraging the current favorable industry cycle to optimize energy asset structure [2] - The company is involved in a nuclear power project in Cangzhou, with investment proportions of 51% by China Nuclear Power, 39% by Huadian International, and 10% by the company [2] Group 3: Project Updates - The company has two ongoing power projects: Xingtai Thermal Power (2×350 MW) and Chengde Thermal Power (2×350 MW), both of which have entered the construction phase with an 18-month construction period [2] - The projects received approval on March 24, 2015, and December 24, 2014, respectively [2] Group 4: Regulatory Impact - The new electricity system reform initiated in March 2015 aims to establish a new profit model for grid companies, allowing private capital to enter the distribution and sales sectors [3] - This reform is expected to enhance the competitiveness of power generation companies by reducing production costs and improving efficiency [3] Group 5: Regional Development - The integration of the Beijing-Tianjin-Hebei region is anticipated to create new growth opportunities for the company, enhancing urban functions, industrial systems, and ecological environments [3] - This regional integration will lead to sustained growth in energy demand, providing further development space for the company [3]

1 证券代码： 000600 证券简称：建投能源 河北建投能源股份有限公司投资者关系活动记录表 编号：2015-05 | --- | --- | --- | |-----------------------------|--------------------------------------|--------------------------------------------------------------------------------------------------------| | | | | | | √ 特定对象调研 | □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 □其他 | | | 参与单位名称及 人员姓名 | 交银施罗德基金 黄鼎 | | | 时间 | 2015 年 9 月 16 日 | | | 地点 | 公司会议室 | | | 上市公司接待 人员姓名 | 董事会秘书 谢少鹏 证券事务代表 郭 嘉 | | | 投资者关系活动 主要内容介绍 | 答： 2015 | 问：公司两 ...

Financial Performance - The net profit for the first three quarters decreased by 6.25% year-on-year due to the rapid increase in coal prices, significantly impacting profitability [1] - Investment income reached 589 million CNY, accounting for 21.85% of total profit, indicating a substantial contribution to overall earnings [3] Business Strategy - To cope with rising coal prices, the company is expanding coal sources through stable partnerships and optimizing the procurement structure to control costs [3] - The company plans to increase investments in clean energy, including nuclear and wind power, with a focus on diversifying its energy portfolio [5] Market Position and Advantages - The company holds a high market share in the regional electricity market and has a strong project reserve, providing significant growth potential [4] - The company has fully implemented ultra-low emissions in its power generation units, enhancing its energy-saving and emission-reduction capabilities [4] Future Developments - The company is actively exploring clean energy projects, having invested 500 million CNY (45% of total investment) in offshore wind power projects [5] - Three cogeneration projects are under construction, with expected operational dates in 2016 and 2018, addressing the growing demand for heating in northern China [6]

证券代码： 000600 证券简称：建投能源 编号：2016-01 | --- | --- | --- | |-----------------------------|-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | √ 特定对象调研 | □分析师会议 | | 投资者关系活动 | □ 媒体采访 □业绩说明会 | | | 类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 □其他 | | | | | 申万宏源：刘晓宁 王璐 周泰 王丝语；广州证券：黄鼎； | | | | 东吴证券：王鑫；东北证券：张亮 刘原；东证资管：胡晓； | | 参与单位名称及 | | 国寿资产：段彦飞；平安人寿投资管理中心：姜文欣； | | 人员姓名 ...

1 证券代码： 000600 证券简称：建投能源 河北建投能源股份有限公司投资者关系活动记录表 编号：2017-01 | --- | --- | --- | |-----------------------------|-----------------------------|-------------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 □其他 | | | | | 华安证券 肖又通、中信证券 刘晓丹、国君资管 苏旺兴、宏道投 | | 参与单位名称及 | | 资 范凯、泰达宏利基金 张勋、招商基金 王丽娜、君子兰资管 马 | | 人员姓名 | | 婷、深圳新同方 刘迅、信诚基金 张伟、人寿资管 刘莉华、英大信 | | | | 托 马占根、弘毅资本 何帅、重阳投资 王祥、六禾投资 陈信余等 | | | | | | 时间 | 2017 年 2 月 9 日 | ...

Group 1: Power Generation Performance - In the first half of 2020, the company generated 175.52 billion kWh of electricity, with a grid-connected power generation of 163.44 billion kWh, achieving an average utilization of 2,124 hours, which is 130 hours higher than the national average for thermal power [1] - The company expects a further recovery in electricity demand in the second half of 2020 as the pandemic situation improves [1] Group 2: Pricing and Market Transactions - The electricity price mechanism in Hebei for 2020 follows a "base price + floating" model, with no upward adjustment for non-market traded electricity [2] - The expected market transaction volume for Hebei South Grid is 650 billion kWh and for Hebei North Grid is 300 billion kWh, with a total estimated market transaction volume of around 420 billion kWh for South Grid and 200 billion kWh for North Grid [2] Group 3: Coal Procurement and Cost Control - The company has increased its long-term coal procurement ratio to approximately 60%, primarily sourcing from Shanxi, Shenhua Group, and local suppliers [2] - The average standard coal price for the company's controlled power generation companies was 551.58 yuan/ton, with a reduction of 61.73 yuan/ton compared to previous periods [2] Group 4: Future Projects and Environmental Initiatives - The company has successfully launched the second unit of the Zunhua Thermal Power Project and is expanding its heating network business [3] - Significant investments have been made in environmental protection, including deep emission reductions and coal yard closures, with ongoing projects for comprehensive wastewater treatment [3] Group 5: Shareholder Returns - The company has maintained a cash dividend policy, with an average dividend payout ratio of 43.35% over the past three years (2017-2019) [4] - Future dividend plans will be based on profitability and development needs, with a commitment to continue cash dividends to shareholders [4]

1 证券代码： 000600 证券简称：建投能源 河北建投能源股份有限公司投资者关系活动记录表 编号：2018-01 | --- | --- | --- | |-------------------------|----------------------------------------|---------------------------------------------------------| | | | | | | √ 特定对象调研 □分析师会议 | | | 投资者关系活动 | □ 媒体采访 □业绩说明会 | | | 类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 □其他 | | | 参与单位名称及 人员姓名 | | 浙商证券 高志鹏、财达证券 钟丹心等 | | 时间 | 2018 年 4 月 26 日 | | | 地点 | 公司会议室 | | | 上市公司接待 | 董事会秘书 孙原 证券事务代表 郭嘉 | | | 人员姓名 投资者关系活动 | | | | 主要内容介绍 | 问：公司一季度总体经营情况？ 答： 2018 | 年一季度公司整体经营情况稳定，公司所属发电机组 | ...

证券代码： 000600 证券简称：建投能源 河北建投能源股份有限公司投资者关系活动记录表 编号：2018-03 | --- | --- | --- | |-----------------------------|-------------------------|---------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 □其他 | | | 参与单位名称及 人员姓名 | 光大证券：于鸿光 | | | 时间 | 2018 年 7 月 11 | 日 | | 地点 | 公司会议室 | | | 上市公司接待 人员姓名 | 证券事务代表 郭嘉 | | | 投资者关系活动 主要内容介绍 | | 问：公司所属发电机组区域分布情况？ | | | 答： | 公司所属运营发电机组均位于河北省境内，主要分布在河 | | | 建）。 | 北南网，河北北网有宣化热电、承德热电及遵化 ...