Core Viewpoint - The actual controller of Baoneng New Energy, Ye Huanneng, has been penalized by the China Securities Regulatory Commission (CSRC) for concealing shareholding and illegal cashing out over 100 million yuan, totaling fines and confiscation of 37.54 million yuan [1][2][4] Group 1: Regulatory Actions - Ye Huanneng received two administrative penalty notices from the Guangdong Regulatory Bureau of the CSRC on December 2 [1] - The penalties include a warning and a fine of 2 million yuan for failing to disclose the shareholding arrangement with Ning Yuanxi, who held 111 million shares on behalf of Ye Huanneng [2] - For illegal share reduction involving 1.1% of shares and an amount of 141 million yuan, Ye Huanneng faces a confiscation of illegal gains of 25.54 million yuan and a fine of 10 million yuan [4] Group 2: Company Performance - Baoneng New Energy reported a revenue of 6.754 billion yuan for the first three quarters of 2023, representing a year-on-year increase of 10.61% [4] - The net profit attributable to shareholders reached 821 million yuan, up 38.62% year-on-year, while the net profit excluding non-recurring items was 779 million yuan, reflecting a growth of 29.47% [4] - The basic earnings per share for the company stood at 0.38 yuan [4] Group 3: Company Background - Guangdong Baoneng New Energy Co., Ltd. is located in Meixian, Guangdong Province, and was established on January 20, 1997, with its listing date on January 28, 1997 [4] - The company primarily engages in the renewable energy power sector [4]

Core Viewpoint - The actual controller of Baoneng New Energy, Ye Huane, received two administrative penalty notices from the Guangdong Regulatory Bureau of the China Securities Regulatory Commission for failing to disclose shareholding arrangements and for illegal share reductions, resulting in a total penalty of 37.54 million yuan [1] Summary by Relevant Sections - **Administrative Penalties** - Ye Huane is to be warned and fined a total of 37.54 million yuan due to undisclosed shareholding arrangements and illegal share reductions [1] - **Details of Violations** - In January 2017, Ye Huane decided to transfer 111 million shares of Baoneng New Energy (5.11% of total shares) held by Baoliwa Group to Ningyuanxi for holding, without proper disclosure to the company, leading to a proposed fine of 2 million yuan [1] - Between December 20 and 27, 2021, a portion of the shares held in this manner was sold, constituting an illegal reduction of 1.1%, involving an amount of 141 million yuan. Ye Huane is proposed to be warned, have illegal gains of 25.54 million yuan confiscated, and fined 10 million yuan [1] - **Impact on the Company** - The penalties are stated to be unrelated to the company and its current directors and supervisors, and will not affect the normal production and operation of Baoneng New Energy, nor will it trigger any major illegal delisting scenarios [1]

Core Viewpoint - The actual controller of Baoneng New Energy, Ye Huanneng, received an administrative penalty notice from the Guangdong Securities Regulatory Bureau for failing to disclose shareholding arrangements, resulting in a warning and a fine of 2 million yuan. Additionally, he faces penalties related to illegal share reductions amounting to 25.54 million yuan in illegal gains and a fine of 10 million yuan [1]. Group 1 - Ye Huanneng was penalized for not truthfully disclosing the shareholding arrangement involving 111 million shares (5.11% of total shares) transferred to Ning Yuanxi for holding on behalf of Baoneng New Energy [1]. - The illegal reduction of shares involved a 1.1% reduction, amounting to 141 million yuan, which occurred between December 20 and December 27, 2021 [1]. - The company stated that these matters do not involve current directors or senior management and will not affect normal business operations [2]. Group 2 - In April of the previous year, Baoneng New Energy issued a correction and apology regarding Ye Huanneng's Hong Kong residency and shareholding arrangements [3]. - Ning Yuanxi, the former chairman of Baoneng New Energy, was previously convicted of embezzlement but is currently undergoing a retrial due to unclear facts in the original judgment [3]. - The trial of Ning Yuanxi and another individual lasted 46 days and has attracted significant media attention, with the deadline for the trial extended to December 11 [4].

Core Viewpoint - The actual controller of Baoneng New Energy, Ye Huanneng, faces administrative penalties from the China Securities Regulatory Commission (CSRC) for concealing shareholding arrangements and illegal share reductions, amounting to a total penalty of 37.54 million yuan [1][2]. Group 1: Regulatory Violations - Ye Huanneng's violations began in 2017 when he concealed shareholding arrangements to comply with regulatory requirements for establishing a private bank, transferring 111 million shares (5.11% of total shares) to the then-chairman Ning Yuanxi under a "nominal transfer" arrangement [2][4]. - The CSRC's notice indicated that Ye Huanneng failed to fulfill information disclosure obligations, violating the Securities Law, leading to a warning and a fine of 2 million yuan [4]. Group 2: Financial Implications - In December 2021, due to financial disputes arising from pledged shares, Ning Yuanxi sold 45.6881 million shares without the consent of Baoliwa Group, resulting in a violation involving a 1.1% reduction, with a transaction value of 141 million yuan [4]. - The total amount of illegal gains to be confiscated from Ye Huanneng is 25.5429 million yuan, along with a fine of 10 million yuan for the illegal reduction of shares [4]. Group 3: Company Governance Issues - The governance issues within Baoneng New Energy have been accumulating, with Ye Huanneng, Ning Yuanxi, and former general manager Wen Hui being seen as a governance "iron triangle" for over 20 years [5]. - The stock price decline during the shareholding arrangement led to Ning Yuanxi incurring over 70 million yuan in margin calls, which Ye Huanneng refused to cover, resulting in further disputes [5]. Group 4: Business Performance - Despite industry cycle impacts, Baoneng New Energy's revenue is projected to drop to 7.904 billion yuan in 2024, with a net profit of 706 million yuan [6]. - In the first three quarters of 2025, the company reported significant recovery, achieving revenue of 6.754 billion yuan, a year-on-year increase of 10.61%, and a net profit of 821 million yuan, with a growth rate of 38.62% [6].

Core Viewpoint - The core issue revolves around the administrative penalties imposed on the actual controller of Baoneng New Energy, Ye Huanneng, for failing to disclose shareholding arrangements and engaging in illegal share reductions, which has raised concerns about corporate governance and compliance within the company [1][2]. Group 1: Regulatory Actions - Ye Huanneng received a warning and a fine of 2 million yuan from the Guangdong Securities Regulatory Bureau for not disclosing the shareholding arrangement of Baoneng New Energy [1]. - The illegal share reduction involved a 1.1% reduction of shares, amounting to 141 million yuan, during the period from December 20 to December 27, 2021 [1]. - The regulatory body also plans to confiscate illegal gains of 25.5429 million yuan and impose an additional fine of 10 million yuan on Ye Huanneng [1]. Group 2: Company Operations - Baoneng New Energy stated that the regulatory issues do not involve current directors or senior management and will not affect the company's normal production and operational activities [2]. - The company’s operational status remains normal despite the ongoing regulatory scrutiny [2]. Group 3: Background Information - In April of the previous year, Baoneng New Energy issued a correction and apology regarding Ye Huanneng's acquisition of Hong Kong residency and the shareholding arrangement [3]. - The former chairman, Ning Yuanxi, along with the former general manager of Baoli Group, was previously convicted of embezzlement but is currently undergoing a retrial due to unclear facts in the original judgment [3][4]. - The retrial of Ning Yuanxi's case has drawn significant attention, with court proceedings lasting 46 days and extending the review period until December 11 [4].

Group 1 - The core issue involves the actual controller of Baoneng New Energy, Ye Huanneng, receiving an administrative penalty notice from the Guangdong Securities Regulatory Bureau for failing to disclose shareholding arrangements accurately, resulting in a warning and a fine of 2 million yuan [2] - The notice also indicates that Ye Huanneng is responsible for illegal share reductions related to the shareholding arrangement, with a total illegal reduction amounting to 141 million yuan and a penalty of 10 million yuan for this violation [2] - The company stated that these matters do not involve current directors or senior management and will not affect normal business operations, which remain stable [3] Group 2 - In March of this year, the China Securities Regulatory Commission initiated an investigation into Ye Huanneng for suspected violations of information disclosure regulations [2] - The shareholding arrangement involved 111 million shares, accounting for 5.11% of Baoneng New Energy's total share capital, transferred to Ning Yuanxi, the former chairman of the company, for holding [2] - The case involving Ning Yuanxi and another individual, Wen Hui, accused of embezzlement, has seen its initial judgment overturned, and the case is set for retrial, with the hearing period extended until December 11 [3]

Core Viewpoint - Guangdong Baoliwa New Energy Co., Ltd. announced that its actual controller, Ye Huanneng, received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) regarding undisclosed shareholding arrangements in 2017 and illegal share reductions in 2021, with a total penalty of 37.54 million yuan [2][8]. Group 1: Administrative Penalty Details - The penalty notice includes two main parts: - The first part (Notice No. 20) involves a shareholding arrangement where 111,188,325 shares were transferred to Ning Yuanxi for holding, which was not disclosed to the company, leading to a proposed fine of 2 million yuan [3][9]. - The second part (Notice No. 21) pertains to illegal share reductions from December 20 to December 27, 2021, involving a reduction of 1.1% of shares, amounting to approximately 141 million yuan, with a proposed fine of 10 million yuan and confiscation of illegal gains of about 25.54 million yuan [10]. Group 2: Company Operations and Financial Performance - The company stated that the matters in the penalty notice do not involve the listed company or its current directors and senior management, and will not affect its normal operations [4][10]. - For the first three quarters of the year, the company reported revenue of approximately 6.754 billion yuan, a year-on-year increase of 10.61%, and a net profit attributable to shareholders of 821 million yuan, up 38.62% year-on-year [5][11].

证券代码：000690 证券简称：宝新能源 公告编号：2025-044 广东宝丽华新能源股份有限公司（以下简称"公司"）于 2025 年 3 月 15 日披露了《关于实际控制人收到中国证券监督管 理委员会立案告知书的公告》（公告编号：2025-007），因公 司实际控制人叶华能先生涉嫌信息披露等违法违规，根据《中 华人民共和国证券法》《中华人民共和国行政处罚法》等法律 法规，中国证券监督管理委员会（以下简称"中国证监会"） 决定对叶华能先生立案。 2025 年 12 月 2 日，叶华能先生收到中国证监会广东监管局 （以下简称"广东证监局"）下发的《行政处罚事先告知书》 （广东证监处罚字〔2025〕20 号、广东证监处罚字〔2025〕21 号，以下简称"《告知书》第 20 号""《告知书》第 21 号"）， 现将相关内容公告如下： 第 1 页 共 3 页 一、《告知书》主要内容 （一）《告知书》第 20 号主要内容 2017 年 1 月，经叶华能决策、宁远喜同意，将由宝丽华集 团持有的 111,188,325 股宝新能源股权协议转让至宁远喜名下， 由宁远喜代持。叶华能未如实告知宝新能源股份代持情况，广 东证监局 ...

Group 1 - The company, Shenzhen Huabao New Energy Co., Ltd., has signed a partnership agreement with Shenzhen Panorama Blueprint Capital Co., Ltd. to establish the Xiamen Panorama Blueprint Venture Capital Fund, with an investment of 30 million RMB as a limited partner [1][2][29] - The fund will specifically invest in Guangdong Zhengyang Sensor Technology Co., Ltd., which specializes in automotive components and has a global presence [7][8][29] - This investment aims to leverage Zhengyang Technology's customer channels and technological expertise to penetrate the trillion-yuan new energy vehicle market, enhancing the company's growth potential and global supply chain collaboration [8][29] Group 2 - The partnership with professional investment institutions is intended to enhance the company's competitive edge and achieve long-term investment returns [1][29] - The fund is structured as a limited partnership, with the company assuming limited liability and not affecting its normal operational activities [29][32] - The investment aligns with the company's strategic development goals and is expected to open a second growth curve without adversely impacting its financial status [29][32]

Core Viewpoint - Baoneng New Energy's stock price has experienced fluctuations, with a recent decline of 2.16% and a year-to-date increase of 5.61%, indicating volatility in the market [1] Financial Performance - For the period from January to September 2025, Baoneng New Energy reported revenue of 6.754 billion yuan, reflecting a year-on-year growth of 10.61% [2] - The net profit attributable to shareholders for the same period was 821 million yuan, showing a significant increase of 38.62% year-on-year [2] Shareholder Information - As of October 31, 2025, the number of shareholders for Baoneng New Energy reached 81,800, an increase of 0.74% from the previous period [2] - The average number of tradable shares per shareholder decreased by 0.74% to 26,582 shares [2] Dividend Distribution - Since its A-share listing, Baoneng New Energy has distributed a total of 5.021 billion yuan in dividends, with 1.153 billion yuan distributed over the last three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the third-largest shareholder, holding 46.0429 million shares, an increase of 24.4833 million shares from the previous period [3] - Other notable institutional shareholders include Huatai-PineBridge Quality Value Mixed Fund and ICBC Dividend Enjoyment Mixed Fund, with varying changes in their holdings [3]