Company Performance - In the first three quarters of 2025, the company achieved a revenue of 6.754 billion yuan, a year-on-year increase of 10.61% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached 779 million yuan, an increase of 29.47% compared to the same period last year [1] - In the third quarter, the company reported a revenue of 2.396 billion yuan, slightly up year-on-year, while the net profit attributable to shareholders after deductions surged by 20.22% to 235 million yuan [1] Industry Context - The company's performance growth is attributed to the strong electricity demand in Guangdong province, driven by the economic recovery [1] - The continuous decline in coal prices during the third quarter significantly enhanced the company's cost optimization benefits, with the average port coal price at 673 yuan per ton, down 180 yuan per ton year-on-year [1] - The industry is entering a new cycle characterized by "loose electricity supply" and "regional/time-specific tightness," influenced by factors such as increased renewable energy installations and the introduction of new coal-fired power units [2] Future Outlook - Recent national policies emphasize both "stabilizing electricity prices" and "stabilizing coal prices," indicating a shift towards a more robust industry profitability environment [2] - The improvement in capacity pricing is expected to enhance the revenue structure for coal-fired power, providing better income security for power companies [2]

Core Insights - The company reported a revenue of 6.754 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 10.61% [1] - The net profit attributable to shareholders reached 0.821 billion yuan, marking a year-on-year increase of 38.62% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 0.779 billion yuan, reflecting a year-on-year increase of 29.47% [1] - The basic earnings per share stood at 0.38 yuan [1]

Core Viewpoint - Baoneng New Energy (000690) announced that it has no guarantees provided for entities outside the consolidated financial statements, no overdue debts related to guarantees, and no guarantees involving litigation or obligations arising from adverse judgments [1] Summary by Categories - **Company Guarantees** - The company confirmed that there are no guarantees provided to entities outside its consolidated financial statements [1] - There are no overdue debts corresponding to any guarantees [1] - **Litigation and Legal Obligations** - The company stated that it is not involved in any guarantees related to litigation [1] - There are no obligations arising from being adjudicated against in court [1]

Core Viewpoint - The company reported a slight increase in revenue and a significant rise in net profit for the third quarter of 2025 compared to the previous year [1] Financial Performance - In Q3 2025, the company achieved a revenue of 2.397 billion yuan, representing a year-on-year growth of 0.19% [1] - The net profit attributable to shareholders for Q3 2025 was 262 million yuan, showing a year-on-year increase of 15.98% [1] - Basic earnings per share for Q3 2025 stood at 0.12 yuan [1] Year-to-Date Performance - For the first three quarters of 2025, the company reported a total revenue of 6.754 billion yuan, which is a year-on-year growth of 10.61% [1] - The net profit attributable to shareholders for the first three quarters was 821 million yuan, reflecting a year-on-year increase of 38.62% [1] - Basic earnings per share for the first three quarters was 0.38 yuan [1]

Core Viewpoint - The company has officially released the revised Articles of Association, which clarifies its strategic positioning, governance structure, and operational norms, with a registered capital of 2.176 billion yuan and a total of 2.176 billion shares, all of which are ordinary shares [1] Strategic Positioning and Business Layout - The company aims to establish a "green rise pattern" by focusing on its core business in energy and electricity while expanding into financial investment, with main operations including clean coal combustion technology power generation, renewable energy generation, and diversified investments in infrastructure and new energy sectors [2] Share Capital Structure and Shareholder Rights - The current registered capital is 2.176 billion yuan, with a total of 2,175,887,862 shares, all ordinary shares. Since its establishment in 1996, the company has undergone multiple capital adjustments, increasing its total share capital from 50 million shares to 2.176 billion shares through various methods [3] Corporate Governance Structure Upgrade - The governance structure has been enhanced, with a board of directors consisting of 9 members, including a chairman and a representative from employees. The board has established specialized committees, including an audit committee responsible for financial information review and supervision of audits, ensuring risk control [4] Investor Return Mechanism Clarification - The profit distribution policy includes a differentiated cash dividend strategy, requiring a minimum of 30% of the average distributable profit for the last three years, and at least 80% during mature periods without major capital expenditures. The company can distribute dividends in cash or a combination of cash and stock, catering to different investor needs [5]

Core Insights - The company reported a revenue of 2.397 billion yuan for Q3, reflecting a year-on-year growth of 0.19% [1] - The net profit for Q3 reached 262 million yuan, showing a year-on-year increase of 15.98% [1] - For the first three quarters, the total revenue amounted to 6.754 billion yuan, which is a year-on-year growth of 10.61% [1] - The net profit for the first three quarters was 821 million yuan, representing a significant year-on-year increase of 38.62% [1]

广东宝丽华新能源股份有限公司董事、高级管理人员培训制度 经公司第十届董事会第六次会议董事会审议通过 广东宝丽华新能源股份有限公司 董事、高级管理人员培训制度 第一条 为规范广东宝丽华新能源股份有限公司（以下简 称"公司"）董事、高级管理人员培训工作，不断提高公司董 事、高级管理人员规范治理水平，依据《公司法》《证券法》 等法律法规及中国证监会、深圳证券交易所、《广东宝丽华新 能源股份有限公司章程》（以下简称《公司章程》）的有关规 定，制定本制度。 第 1 页 共 4 页 广东宝丽华新能源股份有限公司董事、高级管理人员培训制度 经公司第十届董事会第六次会议董事会审议通过 公司关联交易、收购兼并、再融资政策。培训要求为强化行为 规范，树立为投资者服务的理念。 第六条 公司独立董事培训内容主要包括境内外证券市场 最新法律法规及政策、最新会计准则、上市公司运作的法律框 架以及独立董事的权利、义务和法律责任。培训要求为系统了 解证券法律法规内容，熟悉证券市场知识，切实履行职责。 独立董事及拟担任独立董事的人士应当依照规定参加中国 证监会及其授权机构所组织的培训。独立董事在被提名前，原 则上应当取得中国证监会认可的独立董 ...

广东宝丽华新能源股份有限公司内部责任追究制度 经公司第十届董事会第六次会议审议通过 广东宝丽华新能源股份有限公司 内部责任追究制度 第一条 为进一步完善广东宝丽华新能源股份有限公司 （以下简称"公司"）法人治理，健全内部约束和责任追究机 制，使约束与激励并举，促进公司管理层恪尽职守，提高公司 决策与经营管理水平，建设廉洁、务实、高效的管理团队，根 据国家有关法律、法规并结合公司具体情况，制定本制度。 第二条 内部责任追究是指董事、高级管理人员以及实际 履行相关职责的人员在履行职责过程中由于个人原因发生失误、 失职、渎职而使公司利益造成损失的，必须追究其行政、经济 责任。 第三条 本制度除适用于公司董事和高级管理人员外，也 适用于公司各部门及各分子公司的负责人、项目负责人等。 第四条 内部责任追究坚持以下原则： （一）实事求是原则； （二）公平、公正、公开原则； （五）教育与惩处相结合原则。 第五条 公司董事、高级管理人员应养成严格的自我责任 意识，在工作中不断自我检讨，主动发现存在的问题并加以改 第 1 页 共 6 页 （四）决策失误造成公司生产经营、重大项目投资失败的； （五）造成公司财产被浪费、诈骗、盗窃 ...

广东宝丽华新能源股份有限公司重大信息内部报告制度 经公司第十届董事会第六次会议审议通过 广东宝丽华新能源股份有限公司 重大信息内部报告制度 第一章 总则 第一条 为规范广东宝丽华新能源股份有限公司（以下简称 公司或本公司）的重大信息内部报告制度，明确公司各部门和分 支机构的信息收集和管理办法，保证公司及时、准确、全面、完 整地披露信息，根据《中华人民共和国证券法》（以下简称《证 券法》）、《深圳证券交易所股票上市规则》（以下简称《上市 规则》）及其他有关法律、法规、规范性文件和《广东宝丽华新 能源股份有限公司章程》（以下简称"《公司章程》"）的规定， 结合本公司实际情况，特制定本制度。 第二条 公司应严格按照《证券法》《上市规则》及中国证 监会、深圳证券交易所、《公司章程》的有关规定和要求，做好 公司信息披露工作。 第三条 公司重大信息是指所有对公司股票及衍生品种交 易价格可能产生较大影响的信息。 第四条 公司可能发生、将要发生或正在发生本制度规定的 重大信息事项时，公司重大信息报告义务人应及时向公司董事会 秘书、董事长预报和报告。 第五条 公司重大信息报告义务人包括： 1、公司总经理、副总经理、各部门负责人 ...

广东宝丽华新能源股份有限公司投资管理制度 经公司第十届董事会第六次会议审议通过 广东宝丽华新能源股份有限公司 投资管理制度 第一条 为了规范广东宝丽华新能源股份有限公司（以下 简称"公司"）的投资行为，控制投资风险，提高投资效益， 实现投资决策的制度化、规范化、科学化，根据《公司法》等 法律、法规、规范性文件以及《广东宝丽华新能源股份有限公 司章程》（以下简称《公司章程》）的有关规定，结合公司的 实际情况，特制定本制度。 第二条 本制度所称投资包括固定资产投资、无形资产投 资、股权投资（包括新项目投资、股权收购）、证券投资（含 委托理财）、期货及衍生品交易等。 第三条 公司投资活动应遵循以下原则： （一）符合国家产业政策； （二）符合公司的发展战略与业务规划； （三）投资规模与资产结构相适应，规模适度，量力而行； 第六条 公司每年年初拟定公司年度投资计划。根据公司 发展需要，公司可于年度投资计划之外选择投资项目，拟订投 资方案。 年度投资计划或者年度投资计划之外的投资项目的投资方 案，须根据决策权限报公司董事会或者股东会审核批准。 第七条 公司发生的投资事项达到下列标准之一的，应经 董事会审议通过后及时披露： ...