河北建投能源投资股份有限公司董事会 关于独立董事独立性评估的专项意见 6、为建投能源及其控股股东、实际控制人或者其各自附属企业提供 财务、法律、咨询、保荐等服务的人员，包括但不限于提供服务的中介 1 根据中国证监会《上市公司独立董事管理办法》《深圳证券交易所 上市公司自律监管指引第 1 号——主板上市公司规范运作》的规定，河 北建投能源投资股份有限公司（以下简称"公司"）在任独立董事赵丽 红女士、蔡宁生先生、孙正运先生就各自的独立性情况进行了自查，并 向公司董事会提交了《独立董事独立性年度自查情况报告》。公司董事 会对三名独立董事独立性情况进行了评估，并出具专项意见如下： 一、独立董事独立性自查情况 经自查，公司三名在任独立董事均不存在下列情形： 1、在建投能源或者其附属企业任职的人员及其配偶、父母、子女、 主要社会关系； 2、直接或者间接持有建投能源已发行股份百分之一以上或者是建 投能源前十名股东中的自然人股东及其配偶、父母、子女； 3、在直接或者间接持有建投能源已发行股份百分之五以上的股东 或者在建投能源前五名股东任职的人员及其配偶、父母、子女； 4、在建投能源控股股东、实际控制人的附属企业任职的人员及其 ...

河北建投能源投资股份有限公司 2024 年度独立董事述职报告 各位股东及股东代表： 本人作为河北建投能源投资股份有限公司（下称"公司"或"建投能 源"）第十届董事会的独立董事，按照《公司法》《上市公司治理准则》 《上市公司独立董事管理办法》《国务院办公厅关于上市公司独立董事制 度改革的意见》等法律法规、规范性文件以及建投能源《公司章程》《董 事会议事规则》《独立董事工作制度》等公司内部治理规范的要求，秉持 独立、客观、公正的原则，恪尽职守、勤勉尽责，积极参与公司治理和决 策活动，充分发挥独立董事参与决策、监督制衡、专业咨询职能，对维 护公司整体利益以及全体股东特别是中小股东的合法权益发挥了积极的 作用。现将 2024 年履行独立董事职责情况报告如下： 一、独立董事基本情况 本人赵丽红，女，1970 年 9 月生，中共党员，硕士，高级会计师， 中国注册会计师，中国注册资产评估师，国际注册特许财务策划师，现 任中兴财光华会计师事务所（特殊普通合伙）合伙人。曾任河北大众资 产评估有限公司副总经理；河北众泰会计师事务所有限公司主任会计师， 中审亚太会计师事务所有限公司副总经理。2020 年 9 月至今担任公司独 立董 ...

一、主要会计数据和财务指标 | 持有数量(万股) 名称 | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 河北建设投资集团有限责任公司 | 47441.03 | 43.52 | 不变 | | 中央汇金资产管理有限责任公司 | 2359.36 | 2.16 | 不变 | | 香港中央结算有限公司 | 1630.69 | 1.50 | -2508.61 | | 中国工商银行股份有限公司-交银施罗德趋势优先混合型 证券投资基金 | 610.51 | 0.56 | 新进 | | 招商银行股份有限公司-南方中证1000交易型开放式指数 | | | | | 证券投资基金 | 598.86 | 0.55 | 新进 | | 陈瑞钦 | 523.40 | 0.48 | 新进 | | 谢润芳 | 500.00 | 0.46 | 新进 | | 招商银行股份有限公司-华夏中证1000交易型开放式指数 | | | | | 证券投资基金 | 320.34 | 0.29 | 新进 | | 张学荣 | 300.00 | 0.28 | 新进 | | 张军庭 | ...

Financial Performance - The company's operating revenue for 2024 reached ¥23.52 billion, an increase of 20.09% compared to ¥18.95 billion in 2023[20]. - Net profit attributable to shareholders for 2024 was ¥531.16 million, a significant increase of 181.59% from ¥167.00 million in 2023[20]. - The net profit after deducting non-recurring gains and losses was ¥399.11 million, a dramatic increase of 5,401.22% compared to ¥7.25 million in 2023[20]. - The net cash flow from operating activities for 2024 was ¥3.77 billion, up 75.25% from ¥2.12 billion in 2023[21]. - Basic earnings per share for 2024 were ¥0.296, reflecting an increase of 181.90% from ¥0.093 in 2023[21]. - Total assets at the end of 2024 were ¥47.14 billion, representing a 9.45% increase from ¥38.49 billion at the end of 2023[21]. - The company reported a significant increase in government subsidies, totaling ¥70.74 million in 2024, compared to ¥52.92 million in 2023[27]. - The company achieved operating revenue of 23.517 billion yuan, a year-on-year increase of 20.09%[49]. - The net profit attributable to shareholders reached 531 million yuan, representing a year-on-year growth of 181.59%[49]. - The company completed a total power generation of 53.890 billion kWh, an increase of 11.624 billion kWh year-on-year[54]. Dividend Policy - The company plans to distribute a cash dividend of 1.3 CNY per 10 shares to all shareholders, with no bonus shares issued[5]. - The total cash dividend amount represents 100% of the distributable profit of 4,124,322,766.40 yuan for the reporting period[165]. - The profit distribution policy states that the company will distribute at least 30% of the available profit as cash dividends if there are profits and positive retained earnings[164]. - The company implemented the 2023 cash dividend plan in accordance with its profit distribution policy[164]. - The cash dividend distribution plan is compliant with the company's articles of association and shareholder resolutions[165]. Operational Efficiency - The company has experienced a substantial increase in cash flow from operating activities, indicating improved operational efficiency[21]. - The average utilization hours of power generation units were 4,579 hours, an increase of 103 hours year-on-year[54]. - The company completed 30 unit overhauls and implemented 135 technical renovation projects in 2024, enhancing operational efficiency and reducing energy consumption[56]. - The company achieved auxiliary service revenue of ¥61.46 million in 2024, indicating a focus on enhancing service offerings[56]. Market Expansion and Strategy - The company has a comprehensive strategy for market expansion and technological development in the energy sector[14]. - The company is focused on the energy sector, with a strategic shift from hotel commerce to energy project investment and management since 2004[19]. - The company plans to enhance its market presence through strategic expansions and technological advancements in clean energy[75]. - The company is actively expanding its renewable energy assets and developing flexible resources like pumped storage and new energy storage[106]. - The company is considering strategic acquisitions to enhance its portfolio, targeting firms with complementary technologies and services[139]. Technological Innovation - The company has obtained 80 patents in 2024 and has 19 subsidiaries certified as high-tech enterprises[47]. - A total of 224 technology research and development projects were implemented, resulting in 80 patent grants, including 27 invention patents[58]. - The company successfully launched the first grid-connected liquid air energy storage project in China, marking a significant technological advancement[59]. - The company is investing in new technologies, particularly in clean coal power generation and carbon capture, with an estimated budget of $50 million allocated for R&D[134]. Environmental Compliance - The company adheres to multiple environmental protection laws and standards relevant to its thermal power generation operations[179]. - The company achieved an average emission concentration for nitrogen oxides, sulfur dioxide, and particulate matter of 22.08 mg/Nm3, 14.37 mg/Nm3, and 1.91 mg/Nm3 respectively in 2024, which is better than the national ultra-low emission standards[182]. - The carbon emission intensity decreased by 3.09 grams/kWh year-on-year in 2024, reflecting the company's commitment to green and low-carbon development[186]. - The company has implemented an online monitoring system for air and wastewater emissions, ensuring real-time data transmission to environmental protection authorities[183]. Corporate Governance - The company emphasizes the importance of accurate and complete financial reporting, with key personnel affirming the integrity of the annual report[4]. - The company has established specialized committees within the board to enhance governance and oversight[119]. - The company maintains complete independence in personnel, assets, finance, and operations from its controlling shareholder, Hebei Construction Investment Group[121]. - The company has established a market value management system and disclosed a valuation enhancement plan[114]. - The company has a structured remuneration policy for its board members, ensuring transparency and compliance with regulations[145]. Human Resources - The company reported a total of 5,758 employees at the end of the reporting period, with 1,232 retirees[159]. - The company has established a comprehensive training system to ensure effective employee training[162]. - R&D personnel increased to 1,169 in 2024, a growth of 7.94% from 1,083 in 2023[76]. - The company has implemented stock incentive plans to align management interests with shareholder value[129]. Future Outlook - Future outlook indicates a projected revenue growth of 20% for the next fiscal year, driven by new project developments and market expansion strategies[135]. - The company anticipates a 6% growth in national electricity consumption in 2025, reaching 10.4 trillion kWh[103]. - By the end of 2025, the total installed power generation capacity is expected to exceed 3.8 billion kW, with non-fossil energy accounting for 60%[103]. - The company aims to become a leading comprehensive energy service and supply provider by 2025, focusing on low-carbon, clean, and flexible development[105].

Investment Rating - Maintain "Buy" rating for the electricity sector [3] Core Viewpoints - March electricity consumption growth was 4.8%, highlighting the importance of coal power upgrades and flexible regulation value [10][12] - The national electricity consumption in March reached 828.2 billion kWh, with a year-on-year growth of 4.8% [12] - The new three-year coal power upgrade plan emphasizes deep peak regulation and energy-saving carbon reduction [11][12] Summary by Sections Electricity Consumption - In March, the electricity consumption by industry was as follows: primary industry 10.6 billion kWh (9.9% growth), secondary industry 557.8 billion kWh (3.8% growth), tertiary industry 148.4 billion kWh (8.4% growth), and urban and rural residents 111.4 billion kWh (5.0% growth) [12][66] - Cumulative electricity consumption from January to March was 238.46 billion kWh, with a year-on-year growth of 2.5% [66] Power Generation - In March, industrial power generation was 778 billion kWh, with a year-on-year growth of 1.8% [12] - Coal power generation in March decreased by 2.3%, while hydroelectric and nuclear power generation increased by 9.5% and 23.0%, respectively [12][10] Coal Power Upgrade Plan - The new coal power upgrade plan (2025-2027) aims to enhance existing units and establish new ones with improved performance metrics [11][12] - Key upgrade indicators include minimum output levels, load change rates, and carbon emission reductions [11][12] Investment Recommendations - Focus on coal power sector opportunities, with coal prices dropping to 674 RMB/ton, supporting improved profitability [13] - Recommended stocks include Huadian International, Waneng Power, and Zhejiang Energy, among others [7]

Investment Rating - Maintain "Buy" rating for the electricity sector [3] Core Viewpoints - In March, national electricity consumption growth was 4.8%, with significant growth in the internet and automotive manufacturing sectors [10][12] - The future three-year coal power upgrade action plan emphasizes the importance of coal power upgrades and flexible adjustment capabilities [11][12] Summary by Sections Electricity Consumption - In March, total electricity consumption reached 828.2 billion kWh, a year-on-year increase of 4.8%. By sector, the first, second, and third industries, along with urban and rural residents, consumed 106, 557.8, 148.4, and 111.4 billion kWh respectively, with growth rates of 9.9%, 3.8%, 8.4%, and 5.0% [12][65] - Cumulative electricity consumption from January to March was 23,846 billion kWh, up 2.5% year-on-year [12][66] Power Generation - In March, industrial power generation was 778 billion kWh, a year-on-year increase of 1.8%, with a narrowing decline in thermal power generation [12][10] - Water and nuclear power generation increased by 9.5% and 23.0% respectively, while wind and solar power generation growth slowed [12][10] Coal Power Upgrade Plan - The National Development and Reform Commission and the National Energy Administration released a new coal power upgrade action plan for 2025-2027, focusing on enhancing existing units and developing new generation units with improved performance indicators [11][12] - Key upgrade requirements include deep peak regulation, load change rates, and clean carbon reduction measures [11][12] Investment Recommendations - Emphasize investment opportunities in the electricity sector, particularly in thermal power stocks such as Huadian International, Waneng Power, and Zhejiang Energy, as well as in leading companies in thermal power upgrade equipment like Qingda Environmental Protection [6][7] - Recommend focusing on undervalued green electricity sectors, including Hong Kong-listed green electricity and wind power operators [6][7]

事件：公司公布2025 年一季度业绩预告以及2024 年业绩快报。2025 年Q1公司实现归母净利润4.47 亿 元，同比+77.20%；实现扣非归母净利润4.37亿元，同比+78.83%，由于成本下降，公司业绩同比改善 超预期，其中Q1 对收购项目进行了追溯。此外公司2024 年实现归母净利5.31 亿元，同比+181.59%；实 现扣非归母净利3.99 亿元，同比+5401.22%。 一季度量价下跌，但煤价下跌仍拉动业绩大增。2024 年发电量上升、成本下降带动全年业绩增长，全 年上网电量同比+27.79%；平均标煤单价同比-10.07%。2025 年燃料煤成本下跌对业绩贡献更为明显， 2025Q1 秦港5500K均价721 元/吨，同比-20.0%，煤价进一步下跌；由于受到下游需求及新能源装机量 快速发展的影响，Q1 公司完成发电量129.58 亿千瓦时，同口径同比-7.23%，完成上网电量120.73 亿千 瓦时，同口径同比-7.22%。相比电量下降导致收入下降，煤价下跌带来的成本降低更为显著，致2025 年一季度公司业绩同比大幅增加。 Q2 煤价同比继续下跌，公司业绩有望继续释放。2025 年4 月 ...

Core Viewpoint - A-shares in the power sector have shown strong fluctuations, with notable stocks such as Jiantou Energy, Chenzhou Electric, and Leshan Electric hitting the daily limit, while Shaoneng Co., Xichang Electric, and Mingxing Electric also experienced gains [1] Group 1 - Jiantou Energy, Chenzhou Electric, and Leshan Electric reached the daily limit increase [1] - Other companies like Shaoneng Co., Xichang Electric, and Mingxing Electric also saw upward movement in their stock prices [1]

Group 1 - The US government has temporarily exempted certain electronic products from tariffs, but this exemption is not permanent and will last only until a new tariff plan for the semiconductor industry is established [2][21] - China's foreign trade in the first quarter of this year reached 10.3 trillion yuan, a year-on-year increase of 1.3%, with exports growing by 6.9% and imports declining by 6% [3] - The State Administration for Market Regulation in China has introduced 37 key measures to support the development of private enterprises, focusing on breaking down barriers and promoting fair competition [4][5] Group 2 - Hong Kong is preparing to attract Chinese concept stocks back to its market, emphasizing its stability and attractiveness amid global financial market volatility [6][7] - The China Securities Regulatory Commission has emphasized the importance of functionality in the fund industry, aiming for a balance between quality and scale [8] - Insurance funds are accelerating their entry into the stock market, with the scale of long-term stock investment trials increasing from 50 billion yuan to 162 billion yuan [9] Group 3 - The US is experiencing a significant drop in import orders, with a 64% decrease in overall import volume, indicating potential disruptions in trade due to tariff policies [10][11] - The total share of stock ETFs in A-shares has surpassed 2 trillion shares, marking a historical high, with substantial inflows of capital observed in April [12] - Global pension funds are pausing investments in US assets due to uncertainties stemming from aggressive tariff policies, indicating a shift in investment strategies [13] Group 4 - The AI industry is facing scrutiny over its energy consumption, with Elon Musk's AI company xAI being investigated for violating environmental regulations related to its power generation [14] - The UK government plans to take over the British Steel Company from a Chinese firm, raising concerns about foreign investments in critical industries [15] - The consumer electronics sector is seeing increased research interest, driven by strong domestic demand policies and a surge in M&A activities in the technology field [17]

河北建投能源投资股份有限公司 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。 根据河北建投能源投资股份有限公司（以下简称"公司"）初步统计， 2025 年第一季度公司完成发电量 129.58 亿千瓦时，同口径同比减少 7.23%，完成上网电量 120.73 亿千瓦时，同口径同比减少 7.22%。 根据初步统计，2025 年第一季度公司完成供热量 4,040.41 万吉焦， 同比降低 2.94%，其中居民供热量完成 3，883.18 万吉焦，同比降低 3.93%， 工业供热量完成 157.23 万吉焦，同比增长 30.16%。 特此公告 | 证券代码：000600 | 证券简称：建投能源 | | | 公告编号：2025-15 | | --- | --- | --- | --- | --- | | 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 2025 年一季度销售量完成情况公告 董 事 会 2025 年 4 月 14 日 1 ...