公司本次向特定对象发行股票事项尚需通过深交所审核，并获得中 国证券监督管理委员会（以下简称"中国证监会"）作出同意注册的决定 后方可实施。本次向特定对象发行股票事项最终能否通过深交所审核， 1 并获得中国证监会同意注册的批复及其时间尚存在不确定性。公司将根 据该事项的进展情况及时履行信息披露义务，敬请广大投资者谨慎决策， 注意投资风险。 | 证券代码：000600 | 证券简称：建投能源 | | | 公告编号：2026-05 | | --- | --- | --- | --- | --- | | 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 关于向特定对象发行股票的审核问询函回复（修订稿） 及募集说明书等申请文件更新的提示性公告 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。 河北建投能源投资股份有限公司（以下简称"公司"）于 2025 年 11 月 13 日收到深圳证券交易所（以下简称"深交所"）出具的《关于河北 建投能源投资股 ...

证券代码：000600 证券简称：建投能源 河北建投能源投资股份有限公司 与 中信建投证券股份有限公司 关于 河北建投能源投资股份有限公司申请向特定 对象发行股票的审核问询函之回复 （修订稿） 保荐人（主承销商） 二〇二六年一月 深圳证券交易所： 贵所于 2025 年 11 月 13 日出具的《关于河北建投能源投资股份有限公司申 请向特定对象发行股票的审核问询函》（审核函〔2025〕120053 号）（以下简 称"审核问询函"）已收悉。河北建投能源投资股份有限公司（以下简称"建投 能源""发行人""公司"或"上市公司"）会同中信建投证券股份有限公司（以 下简称"中信建投证券"或"保荐人"），发行人律师北京市中伦律师事务所（以 下简称"中伦律师""发行人律师"或"律师"）和申报会计师立信会计师事务 所（特殊普通合伙）（以下简称"立信会计师"或"会计师"）、利安达会计师 事务所（特殊普通合伙）（以下简称"利安达会计师"或"会计师"），本着勤 勉尽责、诚实守信的原则，就审核问询函所提问题逐项进行认真讨论、核查和落 实，现回复如下，请予审核。 如无特殊说明，本回复中使用的简称或名词释义与《河北建投能源投资股份 有限公 ...

| 证券代码：000600 | 证券简称：建投能源 | | | 公告编号：2026-06 | | --- | --- | --- | --- | --- | | 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 关于变更向特定对象发行股票保荐代表人的公告 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"）于近日收到中 信建投证券股份有限公司（以下简称"中信建投证券"）发来的《中信建 投证券股份有限公司关于变更保荐代表人的专项说明》。公司向特定对象 发行股票项目的保荐代表人之一毕厚厚因工作变动，不再担任本次向特 定对象发行股票项目的保荐代表人。为保证相关工作的有序开展，中信 建投证券现委派保荐代表人田文明（简历详见附件）接替毕厚厚继续担 任保荐代表人。 本次保荐代表人变更后，公司向特定对象发行股票项目的保荐代表 人为李祖业、田文明。 附件：田文明先生简历 田文明，保荐代表人，硕士学历，现任中信 ...

建投能源公告，预计2025年度净利润为18.77亿元，同比增长253.38%。公司精准把握燃煤价格阶段性下 行窗口，持续优化煤炭资源配置，并加强成本费用精细化管控，实现火电业务盈利同比增加；同时主动 推进多元化融资策略，优化资金结构，降低财务费用。 ...

| 证券代码：000600 | 证券简称：建投能源 | 公告编号：2026-03 | | --- | --- | --- | | 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 年度业绩预告 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。 一、本期业绩预计情况 1、业绩预告期间：2025 年 1 月 1 日-2025 年 12 月 31 日 2、预计的经营业绩：预计净利润为正值且属于同向上升50%以上情形 三、业绩变动原因说明 公司 2025 年度预计实现归属于上市公司股东的净利润约为 187,700.00 万元，同比增加约 253.38%，主要原因为公司精准把握燃煤价 格阶段性下行窗口，持续优化煤炭资源配置，并加强成本费用精细化管 控，实现火电业务盈利同比增加；同时主动推进多元化融资策略，优化 1 资金结构，降低财务费用。 四、其他相关说明 本业绩预告根据公司财务部门初步测算做出，公司 2025 年度业绩情 况请以 2025 年度报告披露的数据为 ...

Core Viewpoint - Jingtou Energy has shown a positive stock performance with a year-to-date increase of 9.96% and a significant rise in net profit for the first nine months of 2025, indicating strong operational growth and investor interest [1][2]. Financial Performance - For the period from January to September 2025, Jingtou Energy achieved a revenue of 16.482 billion yuan, representing a year-on-year growth of 4.51% [2]. - The net profit attributable to shareholders reached 1.583 billion yuan, marking a substantial increase of 262.86% compared to the previous year [2]. Stock Market Activity - As of January 20, Jingtou Energy's stock price was 9.27 yuan per share, with a market capitalization of 16.716 billion yuan [1]. - The stock experienced a trading volume of 1.89 billion yuan, with a turnover rate of 1.90% [1]. - The stock has seen a recent upward trend, with a 6.06% increase over the last five trading days and a 13.60% increase over the last 20 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 56,200, up by 1.34% from the previous period [2]. - The average number of circulating shares per shareholder decreased by 1.32% to 19,394 shares [2]. Dividend Distribution - Jingtou Energy has distributed a total of 4.084 billion yuan in dividends since its A-share listing, with 614 million yuan distributed over the last three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 17.0444 million shares, a decrease of 16.7346 million shares from the previous period [3]. - New institutional shareholders include招商量化精选股票发起式A and 华夏中证1000ETF, while several others have exited the top ten circulating shareholders list [3].

Investment Rating - The report maintains a "Positive" outlook for the utility sector, indicating a favorable investment environment [7][3]. Core Insights - December's electricity consumption growth was affected by temperature, but a stable growth rate is expected for 2026, with an anticipated growth rate of around 5% [7][10]. - The report highlights that the long-term electricity price reform is necessary to support the increasingly complex new energy system in China [7]. - The performance expectations for the utility sector have reached a low point, making low-priced utility assets worth considering for investment [7]. Summary by Sections Electricity Consumption - In 2025, the total electricity consumption in China increased by 5.0% year-on-year, with growth rates for different sectors being +9.9% for primary industry, +3.7% for secondary industry, +8.2% for tertiary industry, and +6.3% for residential use [10][9]. - The average national temperature in December 2025 was -1.1°C, which contributed to the decline in electricity consumption growth [7][10]. Coal Prices and Supply - Coal prices at ports and production sites have weakened slightly, aligning with previous expectations. The report anticipates that short-term coal prices will remain stable with limited upward potential [7][27]. - As of January 16, 2026, the price of Q5500 thermal coal at Qinhuangdao was 695 CNY/ton, showing a week-on-week decrease of 0.6% [27][30]. Performance of Utility Sector - The utility sector index rose by 0.1%, outperforming the CSI 300 index by 0.7 percentage points during the week of January 10-16, 2026 [53]. - The report suggests that the utility sector remains a quality dividend asset for long-term investment, especially under the current low-interest-rate environment [7][3]. Investment Recommendations - The report recommends focusing on utility stocks, particularly in thermal, hydropower, nuclear, and renewable energy sectors, with specific stocks highlighted for potential investment [7][3]. - Notable stocks include: - Thermal Power: Jiantou Energy, Huadian International, Guodian Power, Huaneng International, and Waneng Power [7]. - Hydropower: Yangtze Power, Guiguan Power, Chuanwei Energy, and Huaneng Hydropower [7]. - Nuclear Power: China General Nuclear Power [7]. - Wind and Solar: Longyuan Power [7].

Group 1 - The power sector experienced a slight decline of 0.06% on the previous trading day, with New Zhonggang leading the losses [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] - Notable gainers in the power sector included Tuo Ri Xin Neng, which rose by 10.02% to a closing price of 5.60, and Bai Tong Energy, which increased by 10.01% to 17.70 [1] Group 2 - The power sector saw a net outflow of 275 million yuan from institutional funds, while retail investors contributed a net inflow of 435 million yuan [2] - The top individual stock performers in terms of net inflow included Mei Yan Ji Xiang with a net inflow of 216 million yuan, representing 15.50% of its trading volume [3] - Conversely, Tuo Ri Xin Neng experienced a net outflow of 5831.41 million yuan from speculative funds, indicating a negative sentiment among traders [3]

Core Viewpoint - Jingtou Energy has shown a positive stock performance with a year-to-date increase of 5.69% and a recent 3.97% rise over the last five trading days, indicating investor confidence in the company's growth potential [1][2]. Financial Performance - For the period from January to September 2025, Jingtou Energy achieved a revenue of 16.482 billion yuan, reflecting a year-on-year growth of 4.51% [2]. - The net profit attributable to shareholders reached 1.583 billion yuan, marking a significant year-on-year increase of 262.86% [2]. Stock and Market Activity - As of January 15, Jingtou Energy's stock price was 8.91 yuan per share, with a market capitalization of 16.067 billion yuan [1]. - The stock experienced a net inflow of 16.3743 million yuan from major funds, with significant buying activity noted [1]. Shareholder Information - The number of shareholders increased to 56,200, up by 1.34% from the previous period, while the average number of circulating shares per person decreased by 1.32% to 19,394 shares [2]. - Notable changes in institutional holdings include a decrease in shares held by Hong Kong Central Clearing Limited and new entries from several funds, indicating a shift in investor interest [3]. Dividend History - Jingtou Energy has distributed a total of 4.084 billion yuan in dividends since its A-share listing, with 614 million yuan paid out over the last three years [3]. Business Overview - Jingtou Energy primarily engages in investment, construction, and management of energy projects, with a focus on power generation [1]. - The company's revenue composition includes 78.99% from thermal power generation, 12.00% from thermal heating, and smaller contributions from other services [1].

Summary of Key Points Core Viewpoint - The company reported a decline in both electricity generation and heating supply for the year 2025, indicating potential challenges in operational performance compared to the previous year [1][2]. Group 1: Electricity Generation - In Q4 2025, the company achieved an electricity generation of 13.287 billion kWh, a decrease of 3.96% year-on-year [1] - The total electricity generation for the year 2025 was 52.321 billion kWh, reflecting a decline of 3.56% compared to the previous year [1] - The on-grid electricity volume for Q4 2025 was 12.359 billion kWh, down 4.15% year-on-year [1] - The cumulative on-grid electricity volume for 2025 was 48.562 billion kWh, showing a decrease of 3.58% year-on-year [1] Group 2: Heating Supply - In Q4 2025, the company completed a heating supply of 27.3462 million GJ, a decrease of 0.82% year-on-year [1] - The residential heating supply for Q4 2025 was 25.5238 million GJ, down 1.50% year-on-year [1] - The industrial heating supply for Q4 2025 was 1.8224 million GJ, an increase of 9.74% year-on-year [1] - The total heating supply for 2025 was 70.7536 million GJ, a decrease of 1.27% year-on-year [2] - The residential heating supply for 2025 was 64.3586 million GJ, down 3.15% year-on-year [2] - The industrial heating supply for 2025 was 6.3950 million GJ, reflecting an increase of 22.58% year-on-year [2]