证券代码：000600 证券简称：建投能源 公告编号：2026-01 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 关于副总经理辞职的公告 特此公告 河北建投能源投资股份有限公司 董 事 会 2026年1月9日 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"）董事会于近日收到副总经理闫英辉先生的书面辞职 报告。闫英辉先生因工作调整，申请辞去公司副总经理职务，闫英辉先生的辞职报告自送达公司董事会 之日起生效。辞职后，闫英辉先生仍在公司担任党委副书记。 闫英辉先生的原定任期为自2023年9月28日起至2026年9月27日第十届董事会任期届满之日止。截至本公 告披露日，闫英辉先生通过股权激励计划持有公司股份66,000股。闫英辉先生将继续遵守中国证监会、 深圳证券交易所关于上市公司董事和高管人员持股变动管理的相关规定以及公司《2023年限制性股票激 励计划》，对其所持公司股份进行管理。闫英辉先生不存在应当履行而未履行的承诺事项。 闫英辉先生的 ...

证券日报网讯 1月9日，建投能源（000600）发布公告称，公司董事会于近日收到副总经理闫英辉先生 的书面辞职报告。闫英辉先生因工作调整，申请辞去公司副总经理职务，闫英辉先生的辞职报告自送达 公司董事会之日起生效。辞职后，闫英辉先生仍在公司担任党委副书记。 ...

21智讯1月9日电，建投能源公告，公司董事会于近日收到副总经理闫英辉先生的书面辞职报告。闫英辉 先生因工作调整，申请辞去公司副总经理职务，其辞职报告自送达公司董事会之日起生效。辞职后，闫 英辉先生仍在公司担任党委副书记。闫英辉先生的原定任期为自2023年9月28日起至2026年9月27日第十 届董事会任期届满之日止。截至本公告披露日，闫英辉先生通过股权激励计划持有公司股份66,000股， 将继续遵守有关持股变动管理的规定及公司激励计划对其所持公司股份进行管理。闫英辉先生不存在应 当履行而未履行的承诺事项。 ...

| 证券代码：000600 | 证券简称：建投能源 | 公告编号：2026-01 | | --- | --- | --- | | 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 关于副总经理辞职的公告 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。 闫英辉先生的辞职不会对公司日常生产经营产生影响。闫英辉先生 在担任公司副总经理期间勤勉尽责，公司董事会对闫英辉先生在任职期 间为公司发展所做出的贡献表示衷心的感谢。 特此公告 河北建投能源投资股份有限公司 董 事 会 2026 年 1 月 9 日 1 河北建投能源投资股份有限公司（以下简称"公司"）董事会于近日 收到副总经理闫英辉先生的书面辞职报告。闫英辉先生因工作调整，申 请辞去公司副总经理职务，闫英辉先生的辞职报告自送达公司董事会之 日起生效。辞职后，闫英辉先生仍在公司担任党委副书记。 闫英辉先生的原定任期为自 2023 年 9 月 28 日起至 2026 年 9 月 27 日第十届董事会任期届满之日止。截至 ...

12月31日，建投能源涨1.07%，截至发稿，报8.52元/股，成交4078.31万元，换手率0.44%，总市值 153.64亿元。 资料显示，河北建投能源投资股份有限公司位于河北省石家庄市裕华西路9号裕园广场A座17层，成立 日期1994年1月18日，上市日期1996年6月6日，公司主营业务涉及投资、建设、运营管理以电力生产为 主的能源项目。主营业务收入构成为：火力发电电量78.99%，火力发电热量12.00%，热力供应6.11%， 餐饮住宿服务1.33%，光伏发电0.86%，其他0.43%，能源服务0.27%。 从基金十大重仓股角度 数据显示，南华基金旗下1只基金重仓建投能源。南华丰睿量化选股混合A（021995）三季度持有股数 15.49万股，占基金净值比例为1.96%，位居第十大重仓股。根据测算，今日浮盈赚取约1.39万元。 南华丰睿量化选股混合A（021995）成立日期2024年11月5日，最新规模1202.47万。今年以来收益 20.36%，同类排名4392/8085；近一年收益19.93%，同类排名4246/8085；成立以来收益20.37%。 南华丰睿量化选股混合A（021995）基金经理为黄 ...

Core Viewpoint - The power sector experienced significant declines, particularly in thermal power stocks, due to downward pressure on long-term electricity prices for 2026, which fell short of market expectations [2][5]. Group 1: Stock Performance - Major thermal power stocks saw substantial declines, with Guodian Power down 7.96%, Anhui Energy down 6.46%, and Huaneng International down 5.07% [2][3]. - Other notable declines included Shanghai Electric and Inner Mongolia Huadian, both dropping over 5% [2]. Group 2: Electricity Price Trends - The long-term electricity price for Guangdong in 2026 was set at 372.14 cents/kWh, a decrease of 19.72 cents/kWh from the previous year, nearing the lower limit of the benchmark price [5]. - In Jiangsu, the average price for January 2026 was 324.71 yuan/MWh, down 19.9% year-on-year, reflecting significant downward pressure on electricity prices in economically developed regions [5]. Group 3: Market Analysis - Analysts suggest that the ongoing market reforms may lead to a gradual increase in electricity prices, with the introduction of capacity pricing mechanisms reinforcing the foundational role of coal power [4]. - Despite the current downward trend, some institutions believe that the electricity market may not be overly pessimistic for 2026, as the government is beginning to focus on stabilizing electricity prices [7]. Group 4: Competitive Landscape - The retail electricity market has seen irrational competition, with companies engaging in aggressive pricing strategies to capture market share, leading to a temporary failure in price discovery [6]. - The introduction of new policies may help mitigate the excessive price competition among retail electricity companies, potentially restoring order to the market [7]. Group 5: Future Outlook - The construction of a new power system under the "dual carbon" goals is expected to rely on enhanced system regulation and support from the government, which may improve the performance of power operators in the future [8].

Market Overview - The electricity sector experienced a decline of 1.61% on the previous trading day, with Hengsheng Energy leading the drop [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] Stock Performance - Notable gainers in the electricity sector included: - *ST Lingda (300125): Closed at 7.46, up 19.94% with a trading volume of 6412 lots [1] - Luxiao Technology (002617): Closed at 8.20, up 3.40% with a trading volume of 143.49 million [1] - Jiaze New Energy (619109): Closed at 4.66, up 2.64% with a trading volume of 88.00 million [1] - Major decliners included: - Hengsheng Energy (605580): Closed at 23.31, down 10.00% with a trading volume of 231,400 lots [2] - Guodian Power (600795): Closed at 5.32, down 7.96% with a trading volume of 3.1875 million [2] - Waneng Power (000543): Closed at 8.25, down 6.46% with a trading volume of 869,300 [2] Capital Flow - The electricity sector saw a net outflow of 2.016 billion yuan from main funds, while retail funds experienced a net inflow of 809 million yuan [2] - Key stocks with significant capital flow included: - Meiyuan Jixiang (600868): Main funds net inflow of 87.96 million yuan, retail net outflow of 86.09 million yuan [3] - Luxiao Technology (002617): Main funds net inflow of 82.38 million yuan, retail net outflow of 81.53 million yuan [3] - Xiexin Energy (002015): Main funds net inflow of 62.51 million yuan, retail net outflow of 47.88 million yuan [3]

12月29日，建投能源盘中下跌2.16%，截至09:35，报8.62元/股，成交3096.47万元，换手率0.33%，总市 值155.44亿元。 分红方面，建投能源A股上市后累计派现40.84亿元。近三年，累计派现6.14亿元。 机构持仓方面，截止2025年9月30日，建投能源十大流通股东中，香港中央结算有限公司位居第三大流 通股东，持股1704.44万股，相比上期减少1673.46万股。招商量化精选股票发起式A（001917）位居第 四大流通股东，持股790.00万股，为新进股东。南方中证1000ETF（512100）位居第五大流通股东，持 股662.36万股，相比上期减少5.13万股。汇添富品质价值混合（017043）位居第六大流通股东，持股 500.00万股，相比上期减少1100.00万股。华夏中证1000ETF（159845）位居第八大流通股东，持股 393.34万股，为新进股东。招商成长量化选股股票A（020901）位居第十大流通股东，持股333.04万 股，为新进股东。华安安信消费混合A（519002）、华安精致生活混合A（011128）、交银趋势混合A （519702）退出十大流通股东之列。 资 ...

Investment Rating - The report maintains a "Positive" investment rating for the utility sector [4] Core Views - Electricity consumption growth remains high, but there are signs of pressure on long-term contract electricity prices due to falling coal prices and high inventory levels [7] - The utility sector is viewed as a defensive asset, with low-priced utility assets worth attention [7] - The report suggests that the electricity market will gradually allow for better pricing of electricity attributes to support the complex new power system [7] Summary by Sections Electricity Consumption - In November 2025, total electricity consumption increased by 6.2% year-on-year, a recovery from October's 4.2 percentage point decline, with a cumulative growth of 1.0% for January to November 2025 [10] - The growth rates for different sectors in November 2025 were: primary industry +7.9%, secondary industry +4.4%, tertiary industry +10.3%, and residential consumption +9.8% [10] - The report anticipates that December 2025 will see electricity consumption growth maintain around 5-6% due to ongoing growth in sectors like charging services and information technology [10] Electricity Prices - From December 19 to December 26, 2025, the average clearing price in Guangdong's electricity market was 308 RMB/MWh, up by 3.9% year-on-year [21] - In contrast, Shanxi's average market price dropped to 179 RMB/MWh, down 54.9% year-on-year [21] Coal Prices - Port coal prices continue to decline, with the Qinhuangdao Q5500 coal price at 672 RMB/ton, down 4.4% week-on-week [24] - The report notes a divergence in pit coal prices, with Shanxi's Q5500 coal price stable at 550 RMB/ton, while Inner Mongolia's price fell by 1.7% [24] Hydrology - The Three Gorges Reservoir's water level was 171 meters, with a year-on-year increase of 3.1 meters, while inflow rates decreased by 13.7% year-on-year [31] Market Performance - The utility sector index rose by 0.8% but underperformed compared to the Shanghai and Shenzhen 300 index, which increased by 1.9% [40] - Among sub-sectors, gas showed the highest weekly increase at +2.6%, while hydropower decreased by 0.8% [42] Investment Recommendations - The report recommends focusing on utility stocks, particularly in thermal power, hydropower, and nuclear power, citing improved business models and growth potential [7]

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its stock performance in the near term [5]. Core Insights - The company, Jiantou Energy, is a leading thermal power operator in Hebei, emphasizing shareholder returns through a commitment to a 50% dividend payout ratio over the next three years [5][6]. - The company has a significant operational capacity with a total installed capacity of 12.2271 million kilowatts by the end of 2024, primarily from thermal power [6]. - The report forecasts substantial growth in net profit, projecting RMB 1.71 billion for 2025, with a remarkable year-on-year growth rate of 221.87% [5][6]. Financial Summary - Revenue projections for the company are as follows: RMB 18.946 billion in 2023, increasing to RMB 24.559 billion in 2025, reflecting a growth rate of 4.43% [5]. - The expected net profit for 2025 is RMB 1.71 billion, with a corresponding earnings per share (EPS) of RMB 0.95 [5][6]. - The company’s return on equity (ROE) is projected to reach 15.15% in 2025, indicating strong profitability [5][7]. - The price-to-earnings (P/E) ratio is expected to decline from 29.91 in 2024 to 9.29 in 2025, suggesting the stock may become more attractive to investors [5][7].