顺发恒能股份公司 关于万向财务有限公司的风险评估报告 按照深圳证券交易所《上市公司自律监管指引第 7 号——交易与关联交易 (2023 年修订)》的要求，公司通过查验万向财务有限公司（以下简称"财务公司"） 《金融许可证》、《企业法人营业执照》等证件资料，取得并审阅资产负债表、利 润表等财务报表（未经审计），对财务公司与财务报表相关的资金、信贷、投资、 稽核、信息管理等风险管理体系的制定及实施情况进行了评估，具体情况报告如 下： 一、财务公司基本情况 财务公司系经中国人民银行银复(2002)205 号文批准，于 2002 年 8 月 22 日 在浙江省市场监督管理局登记注册。现持有编码为 L0045H233010001 的金融许 可证和统一社会信用代码为 91330000742903006P 的营业执照。现有注册资本 185,000.00 万元（包括外汇资本金 500 万美元），其中：万向集团公司出资 122,254.17 万元，占 66.08%；万向钱潮股份公司出资 32,991.67 万元，占 17.83%； 万向三农集团有限公司出资 17,729.16 万元，占 9.59%；德农种业股份公司出资 12, ...

顺发恒能股份公司 SHUNFA HENGNENG CORPORATION 2025 年半年度财务报告 （未经审计） 证券简称：顺发恒业 证券代码：000631 披露日期：2025 年 8 月 财务报告 二、财务报表 财务附注中报表的单位为：元 1、合并资产负债表 编制单位：顺发恒能股份公司 一、审计报告 半年度报告是否经过审计 □是 否 公司半年度财务报告未经审计。 单位：元 2025 年 06 月 30 日 | 项目 | 期末余额 | 期初余额 | | --- | --- | --- | | 流动资产： | | | | 货币资金 | 5,041,188,396.36 | 5,132,545,670.64 | | 结算备付金 | | | | 拆出资金 | | | | 交易性金融资产 | | | | 衍生金融资产 | | | | 应收票据 | 2,542,894.12 | | | 应收账款 | 93,718,230.93 | 84,297,585.42 | | 应收款项融资 | | | | 预付款项 | 5,221,235.48 | 7,659,423.87 | | 应收保费 | | | | 应收分保账款 | ...

证券代码：000631 证券简称：顺发恒业 公告编号：2025-48 顺发恒能股份公司 关于同一控制下企业合并追溯调整财务数据的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 顺发恒能股份公司（以下简称"公司"）于 2025 年 8 月 27 日召开第十届董 事会第十二次会议和第十届监事会第七次会议，审议通过了《关于同一控制下企 业合并追溯调整财务数据的议案》。现将相关事项公告如下： 一、本次追溯调整的背景 公司于 2024 年 12 月 30 日召开第十届董事会第四次会议，审议通过了《关 于收购浙江普星德能然气发电有限公司 51%股权暨关联交易的议案》。同意公司 向普星能（香港）有限公司收购其持有浙江普星德能然气发电有限公司（现已更 名为：顺发德能（德清）电力有限公司，以下简称"顺发德能"）51%股权。2025 年 5 月 30 日，公司完成交割，顺发德能成为公司控股子公司，纳入公司合并报表 范围。具体内容详见公司于 2024 年 12 月 31 日、2025 年 2 月 18 日、2025 年 6 月 3 日在《证券时报》和巨潮资讯网（www.cni ...

证券代码：000631 证券简称：顺发恒业 公告编号：2025-46 顺发恒能股份公司 一、监事会会议召开情况 1、顺发恒能股份公司（以下简称"公司"）第十届监事会第七次会议（以下 简称"本次会议"）通知于 2025 年 8 月 18 日以电子邮件及电话方式向各位监事发 出。 2、本次会议于 2025 年 8 月 27 日以通讯表决方式召开。 3、本次会议应参与表决监事 3 人，实际参与表决监事 3 人。 4、本次会议的召集、召开及表决程序符合有关法律、法规和《公司章程》 的规定。 二、监事会会议审议情况 （一）审议通过公司《2025 年半年度报告全文及其摘要》 表决结果：同意票 3 张，反对票 0 张，弃权票 0 张，表决通过。 第十届监事会第七次会议决议公告 本公司及监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。 （二）审议通过公司《关于同一控制下企业合并追溯调整财务数据的议案》 表决结果：同意票 3 张，反对票 0 张，弃权票 0 张，表决通过。 具体内容请详见刊登于同日《证券时报》和巨潮资讯网上的《关于同一控 制下企业合并追溯调整财务数据的公告》。 （三）审议 ...

顺发恒能股份公司 第十届董事会第十二次会议决议公告 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。 一、董事会会议召开情况 1、顺发恒能股份公司（以下简称"公司"）第十届董事会第十二次会议（以 下简称"本次会议"）通知于 2025 年 8 月 18 日以电子邮件及电话方式向各位董事 发出。 2、本次会议于 2025 年 8 月 27 日以通讯表决方式召开。 3、本次会议应参与表决董事 9 人，实际参与表决董事 9 人。 证券代码：000631 证券简称：顺发恒业 公告编号：2025-45 1 4、本次会议的召集、召开及表决程序符合有关法律、法规和《公司章程》 的规定。 二、董事会会议审议情况 1、审议通过公司《2025 年半年度报告全文及摘要》 本议案已经公司董事会审计委员会 2025 年度第四次会议审议通过，并同意 提交本次董事会审议。 表决结果：同意票 9 张，反对票 0 张，弃权票 0 张，表决通过。 公司《2025 年半年度报告》和《2025 年半年度财务报告》内容请详见刊登 于同日巨潮资讯网上的公告；公司《2025 年半年度报告摘要》内容请详见刊登 ...

Core Insights - The company reported a revenue of 241 million yuan for the first half of 2025, representing a year-on-year decline of 13.43% [1] - The net profit for the same period was 50.37 million yuan, showing a year-on-year increase of 14.28% [1] Financial Performance - Revenue: 241 million yuan, down 13.43% year-on-year [1] - Net Profit: 50.37 million yuan, up 14.28% year-on-year [1]

Financial Performance - The company's operating revenue for the reporting period was ¥241,167,832.24, a decrease of 13.43% compared to the previous year's ¥278,584,230.41[21] - Net profit attributable to shareholders was ¥50,376,651.09, representing a 14.28% increase from ¥44,081,079.27 in the same period last year[21] - The net profit after deducting non-recurring gains and losses was ¥13,735,885.88, which is a 35.21% increase compared to ¥10,159,167.85 from the previous year[21] - The net cash flow from operating activities was ¥76,318,016.57, a significant improvement from a negative cash flow of ¥17,020,521.19 in the previous year, marking a 93.16% increase[21] - The basic earnings per share remained stable at ¥0.02, unchanged from the previous year[21] - The weighted average return on equity increased to 0.85%, up from 0.71% in the previous year[21] - The company reported a total of ¥36,640,765.21 in non-recurring gains and losses for the period[26] - The company achieved operating revenue of CNY 241.17 million, a decrease of 13.43% compared to the previous year[66] - The net profit attributable to the parent company was CNY 50.38 million, an increase of 14.28% year-on-year[66] - The company reported a total revenue of 135,000,000 for the first half of 2025, representing a 13.26% increase compared to the previous period[89] - The net profit for the same period was 48,649,170, showing a significant growth of 42.25% year-over-year[89] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,613,807,649.23, a decrease of 0.84% from ¥7,678,387,947.08 at the end of the previous year[21] - The net assets attributable to shareholders decreased by 1.44% to ¥5,811,559,779.79 from ¥5,896,252,969.13 at the end of the previous year[21] - Cash and cash equivalents at the end of the reporting period were ¥5,041,188,396.36, a decrease of 0.63% from the previous year[77] - Accounts receivable increased to ¥93,718,230.93, representing 1.23% of total assets[77] - Inventory decreased to ¥335,746,104.46, down 2.08% from the previous year[77] - The company's total current assets decreased from CNY 5,791,903,468.90 to CNY 5,551,653,802.76, a decline of approximately 4.15%[159] - The total non-current assets increased from CNY 1,886,484,478.18 to CNY 2,062,153,846.47, representing a growth of about 9.31%[160] - The total liabilities rose from CNY 1,572,345,695.72 to CNY 1,608,121,077.25, an increase of approximately 2.28%[161] - The company's total equity decreased from CNY 6,106,042,251.36 to CNY 6,005,686,571.98, a decline of about 1.64%[161] Revenue Sources - The company's main business revenue primarily comes from clean energy generation, integrated smart energy services, real estate, and property services[28] - Energy sector revenue was ¥150,329,506.60, reflecting a year-over-year increase of 23.49%[73] - Wind power revenue amounted to ¥28,477,219.15, with a year-over-year increase of 18.23%[73] - Natural gas power revenue was ¥121,852,287.45, showing a year-over-year increase of 24.79%[73] - The energy sector contributed CNY 158.05 million to the total revenue, representing a 25.26% increase from the previous year[71] Market and Industry Trends - In the first half of 2025, the national wind power installed capacity increased by 51.39 million kW, a year-on-year growth of approximately 99%[30] - By the end of June 2025, the cumulative installed capacity of wind power in the country reached 573 million kW, a year-on-year increase of 22.7%[30] - In the first half of 2025, the national photovoltaic power generation added grid-connected capacity of 21.2 million kW, a year-on-year increase of about 107%[32] - By the end of June 2025, the cumulative installed capacity of photovoltaic power generation reached approximately 110 million kW, a year-on-year increase of 54.1%[32] - In 2024, the newly added gas-fired power generation capacity was 18.99 million kW, a year-on-year increase of 85.2%[34] - As of the end of 2024, the cumulative installed capacity of gas-fired power generation reached 143.67 million kW, accounting for 4.3% of the national total installed capacity[34] Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6] - The company is focusing on the innovation of heavy-duty gas turbines to support the sustainable development of the gas power generation industry[35] - The company is actively exploring new business models in emerging commercial areas to strengthen its competitive edge[65] - The company plans to invest in research and development, allocating 5,045,319 for new technology initiatives in the upcoming year[90] - The company is enhancing its service portfolio by integrating smart technology solutions into its existing offerings, aiming for a competitive edge in the market[90] Risk Management - The company faces policy risks due to adjustments in national macro-control and industry policies, particularly in the wind power sector, which may impact new business expansion[96] - The company is exposed to natural condition risks, particularly in coastal areas vulnerable to typhoons and mountainous regions susceptible to extreme rainfall, which could affect project generation capacity and revenue[101] - The company has established a risk management system to enhance policy analysis and market forecasting capabilities, allowing for timely adjustments to investment strategies[99] Shareholder Information - The company plans to repurchase shares with a total fund of no less than RMB 250 million and no more than RMB 500 million, at a price not exceeding RMB 4.95 per share, within a 12-month period[146] - The total number of ordinary shareholders at the end of the reporting period was 26,453[148] - Wanxiang Group holds a 62.28% stake in the company, amounting to 1,491,831 shares, with no changes during the reporting period[148] - The employee stock ownership plan includes 79 employees holding a total of 150,000,072 shares, representing 6.26% of the company's total equity[107] Future Outlook - Future guidance indicates a projected revenue growth of approximately 10% for the next fiscal year, driven by increased demand in the energy sector[90] - The company anticipates continued growth in the upcoming quarters, driven by its strategic initiatives and market expansion efforts[94] - The company plans to continue expanding its market presence, focusing on new product development and technological advancements[183]

Group 1 - The company Shunfa Hengye (SZ 000631) held its 11th meeting of the 10th board of directors on August 20, 2025, via telecommunication voting, where it reviewed the proposal for appointing a securities affairs representative [1] - For the year 2024, Shunfa Hengye's revenue composition is as follows: property management services accounted for 26.42%, real estate development for 25.32%, other businesses for 23.61%, wind power business for 17.67%, and canteen catering services for 6.66% [1] - As of the report date, Shunfa Hengye has a market capitalization of 7.5 billion yuan [1]

Group 1 - The company, Shunfa Hengye, announced the appointment of Ms. Gong Hang as the securities affairs representative to assist the board secretary in fulfilling responsibilities [2] - For the fiscal year 2024, the revenue composition of Shunfa Hengye is as follows: property management services account for 26.42%, real estate development for 25.32%, other businesses for 23.61%, wind power business for 17.67%, and canteen catering services for 6.66% [2]

Core Points - The company Shunfa Hengye (000631.SZ) announced a draft employee stock ownership plan for 2025, which will utilize shares repurchased by the company [1] - The shares will be transferred from the company's repurchase special securities account at a price of 2.12 yuan per share [1] - The total fundraising cap for this employee stock ownership plan is set at 117 million yuan [1] Summary by Sections - **Stock Source and Pricing** - The stock for the employee stock ownership plan will come from shares already repurchased by the company [1] - The transfer price for the shares is established at 2.12 yuan per share [1] - **Funding and Participation** - The maximum total amount of funds that participating employees can contribute is based on a maximum of 55,311,694 shares, calculated at the price of 2.12 yuan per share [1] - The total number of employees participating in the plan will not exceed 200, including 7 directors (excluding independent directors) [1] - **Duration of the Plan** - The duration of the employee stock ownership plan is set for 66 months, starting from the date of the last stock transfer to the plan [1]