Group 1 - The board meeting of Shandong Xineng Taishan Power Co., Ltd. was held on December 31, 2025, via communication methods, with all 10 directors present [1][2][3] - The meeting was chaired by Chairman Li Xiao, and senior management attended the meeting [3] - The meeting complied with relevant laws, regulations, and the company's articles of association [4] Group 2 - The board approved the proposal to revise the "Compensation Management Regulations for Management Members," with a unanimous vote of 10 in favor [5][6] - The board also approved the proposal for the performance assessment settlement for management members for the year 2024, also with a unanimous vote of 10 in favor [7][8][9] Group 3 - The meeting resolutions were signed by the attending directors and stamped with the board seal, along with other required documents as per the Shenzhen Stock Exchange [10]

山东新能泰山发电股份有限公司 1.公司于 2025 年 12 月 26 日以传真及电子邮件的方式发出了关 于召开公司 2025 年第三次临时董事会会议的通知。 2.会议于 2025 年 12 月 31 日以通讯方式召开。 3.应出席会议董事 10 人，实际出席会议董事 10 人。 4.会议由公司董事长李晓先生主持，公司高级管理人员列席了会 议。 5.本次会议的召开符合有关法律、行政法规、部门规章、规范性 文件和公司章程的规定。 证券代码：000720 证券简称：新能泰山 公告编号：2025-048 2025 年第三次临时董事会会议决议公告 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 二、董事会会议审议情况 （一）审议批准了《关于修订<经理层成员薪酬管理规定>的议案》； 表决情况：同意 10 票，反对 0 票，弃权 0 票，本议案获得通过。 本议案提交董事会审议前已经公司第十届董事会薪酬与考核委 员会 2025 年第一次会议审议通过。 （二）审议批准了《关于经理层成员 2024 年度绩效考核清算的 议案》。 表决情况：同意 10 票， ...

Core Insights - The communication cable industry in China is experiencing steady growth driven by the increasing demand for 5G networks, gigabit optical networks, and the development of the "dual-gigabit" network [1][12] - The market size of China's communication cable industry is projected to grow from 794.8 billion yuan in 2018 to 1200 billion yuan by 2025, with a compound annual growth rate (CAGR) of 5% [1][13] Industry Overview - Communication cables are essential for transmitting telecommunication signals and are categorized into various types based on their structure and application [4] - The industry is supported by government policies aimed at promoting the development of communication cables, including initiatives for advanced technology applications [4][5] Market Demand - As of October 2025, the total number of fixed internet broadband users in China is expected to reach 697 million, with a net increase of 27.01 million users from 2024 [1] - The number of mobile IoT terminal users is projected to reach 2.89 billion, reflecting a net increase of 23.4 million users from 2024 [1] Industry Growth Factors - The exponential growth in data traffic due to the increasing number of internet users and the proliferation of mobile internet is driving the demand for communication infrastructure and cables [1] - The large-scale commercialization of 5G technology requires a vast amount of communication cables to support dense base station construction and extensive network deployment [1] Application Areas - The traditional communication sector remains dominant, accounting for 58.5% of total revenue, while high-speed communication devices are expected to capture 14.8% of the market by 2024 [10] - Emerging applications in smart manufacturing, smart cities, and the Internet of Things (IoT) are expanding the use of communication cables in diverse scenarios [1][10] Industry Structure - The communication cable industry features a competitive landscape with a mix of leading national enterprises and numerous small to medium-sized companies focusing on niche markets [13] - Key players in the industry include companies like Walden Materials, Wanma Co., Hengtong Optic-electric, and Tongding Interconnection Information [2][13] Future Trends - The industry is expected to evolve towards higher speeds, integration of functionalities, and sustainability, with a focus on developing multi-functional cables that can handle data transmission, power supply, and sensing [15][16][18] - The shift towards green practices will involve the use of eco-friendly materials and the establishment of efficient recycling systems throughout the cable lifecycle [18]

Group 1 - The core viewpoint of the article is that the stock price fluctuations of Xineng Taishan (000720) in the secondary market are influenced by various factors including capital market conditions, industry development, and company performance [1] Group 2 - The company responded to investor inquiries on an interactive platform regarding the factors affecting its stock price [1] - The article highlights the importance of understanding the broader market and industry trends when evaluating stock performance [1] - It emphasizes that multiple elements contribute to the volatility of stock prices in the secondary market [1]

Group 1 - The core point of the article is that Xineng Taishan has provided an update on its shareholder information, indicating a total of 53,972 shareholders as of December 19, 2025 [1] Group 2 - The company responded to investor inquiries on its interactive platform regarding shareholder data [1] - The latest shareholder register was provided by China Securities Depository and Clearing Corporation Limited [1]

Group 1 - The core point of the article is that Xineng Taishan disclosed the total number of shareholders as of December 19, 2025, which stands at 53,972 households [2]

Group 1 - The core point of the article is that Xineng Taishan (000720) has reported its total number of shareholders as 53,972 based on the latest regular shareholder list provided by China Securities Depository and Clearing Corporation as of December 19, 2025 [1]

Group 1 - The core point of the article is that Xineng Taishan (000720) reported a total of 50,892 shareholders as of December 10, 2025 [1]

Group 1 - A total of 78 stocks in the Shanghai and Shenzhen markets have seen net inflows of main funds for five consecutive days or more as of December 12 [1] - Dongxing Medical leads with 16 consecutive days of net inflows, while Xineng Taishan follows with 9 days [1] - The largest net inflow amount is from Pudong Development Bank, with a cumulative net inflow of 739 million yuan over five days [1] Group 2 - The stock with the highest net inflow ratio is Fengfan Co., which has seen a 14.99% increase over the past six days [1] - The cumulative increase in stock prices varies, with Zaisheng Technology showing a significant rise of 65.94% over six days [1] - Other notable stocks include Xuguang Electronics and Huicheng Environmental, with cumulative increases of 19.07% and 13.54% respectively over six days [1]

| ズの目期 | 正分析 | 汇分间价 | (元) | (万股/万份) | 大门 高业司 (万元) | 第九届亚 | | --- | --- | --- | --- | --- | --- | --- | | 025-12-12 | 000720 | 新能泰山 | 3.74 | 100.00 | 374.00 国联民生证券股份 | 南京证券股份有限 | | | | | | | 有限公司无锡盛岸 | 公司深圳深南中路 | | | | | | | 西路证券营业部 | 证券营业部 | | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | | --- | --- | --- | --- | --- | --- | --- | | 权益类证券大宗交易 (协议交易) | | | (元) | (万股/万份) | (万元) | | 12月12日，新能泰山大宗交易成交100万股，成交额374万元，占当日总成交额的1.85%，成交价3.74 元，较市场收盘价3.74元持平。 ...