刘安仓任华能国际总经理 7月29日，华能国际电力股份有限公司（以下简称"华能国际"）发布《关于公司董事、高级管理人员调整的公告》。 根据公告，华能国际董事、总经理黄历新先生因工作调整，于近日依据有关规定向公司董事会提交了书面辞职报告，申请辞去公司董事、总经理以及董事 会战略委员会和提名委员会委员职务。 华能国际于7月29日召开第十一届董事会第十四次会议，审议通过《关于增补公司董事的议案》，同意提名刘安仓先生为公司第十一届董事会非独立董事 候选人，并提请公司股东大会审议。董事会同意刘安仓先生担任董事会战略委员会及提名委员会委员。本次董事会同时审议通过了《关于聘任公司总经理 的议案》，同意聘任刘安仓先生为公司总经理。 证券代码: 600011 证券简称:华能国际 公告编号:2025-046 华能国际电力股份有限公司 关于公司董事、高级管理人员调整的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏,并 对其内容的真实性、准确性和完整性承担法律责任。 一、 关于董事、总经理离任情况 (一) 离任的基本情况 华能国际电力股份有限公司("公司")董事、总经理黄历新先生因工作调整,于近 ...

Core Points - The company announced the resignation of its Vice President, Mr. Chen Xiqing, due to work-related changes [1] - Following his resignation, Mr. Chen will no longer hold any position within the company [1]

Group 1 - Anhui Construction won a joint bid for the Chongqing Rongchang to Sichuan Zigong expressway project, with a total estimated investment of 3.614 billion yuan and a construction period of 3 years [1] - Hongfa Co. reported a net profit of 964 million yuan for the first half of 2025, a year-on-year increase of 14.19%, with revenue of 8.347 billion yuan, up 15.43% [1][2] - Lujiazui's net profit for the first half of 2025 was 815 million yuan, a decrease of 7.87%, despite a revenue increase of 33.91% to 6.598 billion yuan [3] - Enhua Pharmaceutical achieved a net profit of 700 million yuan, up 11.38%, with revenue of 3.010 billion yuan, an increase of 8.93% [4][5] - China CNR signed several major contracts totaling approximately 32.92 billion yuan, covering various sectors including urban rail vehicles and wind power equipment [6] - WanTong Intelligent signed an exclusive sales and cooperation agreement in the embodied intelligence field, gaining global sales rights for specific chip-based products [7][8] Group 2 - Liansheng Technology's subsidiary received a government subsidy of 13.5 million yuan, accounting for 12.24% of the company's latest audited net profit [9] - Guobang Pharmaceutical reported a net profit of 456 million yuan, a year-on-year increase of 12.60%, with revenue of 3.026 billion yuan, up 4.63% [10] - Baotai expects a net loss of 110 to 140 million yuan for the first half of 2025, a reduction in loss compared to the previous year [11] - Sains expects a net profit decrease of 57.53% to 60.13%, with projected revenue growth of 15.17% to 23.59% [12] - Nanya New Materials anticipates a net profit of 80 to 95 million yuan for the first half of 2025, an increase compared to the previous year [13] - Tian Pharmaceutical's subsidiary passed the consistency evaluation for a peritoneal dialysis solution [14] Group 3 - Shede Liquor announced the resignation of director Ni Qiang due to work reasons [15] - Greentown Water plans to transfer assets and liabilities of its ASEAN subsidiary to improve resource allocation [16] - Beibu Gulf Port's subsidiary signed an associated transaction contract worth 11.199 million yuan [17] - Beibu Gulf Port announced multiple resignations of directors and executives [18] - Jidian Co. reported the resignation of its deputy general manager due to work changes [19] - Wanhua Chemical's industrial park in Fujian resumed production after maintenance [20] Group 4 - Shanghai Pharmaceuticals received approval for a clinical trial of a new indication for its B019 injection [21] - Jianbang Co. reported a net profit of 69.66 million yuan, a decrease of 27.72%, with revenue of 307 million yuan, down 15.37% [23] - Jianbang Co. plans to use up to 400 million yuan of idle funds for cash management [25] - Wanfu Bio's subsidiary obtained multiple medical device registrations [28] - Hunan Tianyan announced a change in its controlling shareholder to China Chang'an Automobile Group [29][30] - Xizhuang Co. plans to establish a joint venture for sustainable aviation fuel [32]

据了解，国家电投已与欧洲、日韩的多家企业签署销售协议，首批绿氨于投产之日正式发往下游应用市 场。 来源:新华社 国家电投集团大安吉电绿氢能源有限公司董事长宋树林表示："项目预计每年可减少碳排放约65万吨， 节约标煤23万吨，相当于可抵消近50万户普通家庭一年生活用电产生的碳排放。" 国家电投大安风光制绿氢合成氨一体化示范项目7月26日在吉林省大安市正式投产，项目装置可年产绿 氨18万吨，是全球最大单体绿氨装置。 作为国家清洁低碳氢能示范工程和战略性新兴产业百大工程，该项目创新使用直流微网、柔性控制、固 态储氢等技术，为新能源就地转化探索出可复制的工业化新模式。 合成氨产品广泛应用于化工、电力及交通等领域。该项目充分利用吉林西部风光"绿电"资源制氢、制 氮，继而合成为"绿氨"。 ...

吉林电力股份有限公司 关于公司副总经理辞职的公告 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。 吉林电力股份有限公司（以下简称"公司"）董事会于 2025 年 7 月 29 日收到公司副总经理陈喜庆先生提交的书面辞呈，因工作变 动原因，陈喜庆先生申请辞去公司副总经理职务。辞职后，陈喜庆先 生不再担任公司任何职务。陈喜庆先生不持有公司股份，亦不存在应 当履行而未履行的承诺事项。根据《公司法》及公司《章程》的有关 规定，辞职报告自董事会收到之日起生效。陈喜庆先生的辞职不影响 公司的正常生产运营。 证券代码：000875 证券简称：吉电股份 公告编号：2025-052 吉林电力股份有限公司董事会 二○二五年七月二十九日 1 公司董事会对陈喜庆先生在任职副总经理期间为公司经营发展 所作的贡献表示衷心感谢。 特此公告。 ...

Group 1: Tianli Composite Materials - Tianli Composite is a leading company in the domestic layered metal composite materials industry, established in 2003 and listed on the Beijing Stock Exchange in 2023. The company has developed over fifty types of layered metal composite materials, which have been certified by major domestic and international manufacturers [2][4]. - The company achieved a revenue of 135.02 million yuan in Q1 2025, a year-on-year decrease of 22.74%, and a net profit of 9.44 million yuan, down 47.08% year-on-year. This decline is attributed to structural overcapacity in downstream industries, leading to reduced project construction demand and fewer major project orders [3][5]. - The application areas for layered metal composite materials include petrochemical, power, metallurgy, new energy, marine engineering, environmental protection, and aerospace. The industry has significant growth potential as these materials gradually replace traditional materials due to their performance and cost advantages [4][5]. Group 2: Banking Sector - In Q2 2025, the total market value of public funds' holdings in the banking sector reached 63.51 billion yuan, an increase of 27.12% quarter-on-quarter, with a holding ratio of 4.85%, the highest since Q2 2021 [8][9]. - The net inflow of northbound funds into the banking sector was 254.2 billion yuan in Q2 2025, a quarter-on-quarter increase of 11.69%, with a net inflow of 26.596 billion yuan [10]. - The banking sector is benefiting from the expansion of passive index funds and the optimization of performance benchmarks, indicating a positive outlook for the sector's fundamentals and potential performance recovery [11]. Group 3: Photovoltaic Industry - The CPIA has raised its forecast for China's new photovoltaic installations in 2025 to between 270GW and 300GW, reflecting a year-on-year growth of 2.52% [15]. - The photovoltaic manufacturing sector experienced a significant decline in production growth in the first half of 2025, with upstream polysilicon production down 43.8% year-on-year [14][15]. - The industry is undergoing a "反内卷" (anti-involution) movement, focusing on eliminating low-cost sales practices to enhance product quality and promote orderly competition [17][19]. Group 4: Dongpeng Beverage - Dongpeng Beverage reported a revenue of 10.74 billion yuan in H1 2025, a year-on-year increase of 36.4%, with a net profit of 2.37 billion yuan, up 37.2% year-on-year [26][27]. - The company is transitioning towards a comprehensive beverage group, with significant growth in energy drinks and electrolyte beverages, and an increase in the number of distribution points [27][29]. - The company is expected to maintain high growth trends in Q3 2025 due to accelerated network development and the introduction of new products [29][30]. Group 5: Luolai Life - Luolai Life focuses on home textile products, with a revenue of 4.559 billion yuan in 2024, a year-on-year decrease of 14.22%, but showing signs of recovery with a revenue of 1.094 billion yuan in Q1 2025, up 0.57% year-on-year [32][33]. - The company employs a multi-channel sales strategy, integrating online and offline channels to enhance market penetration, particularly in lower-tier cities [33][34]. - The company is actively optimizing its supply chain and enhancing operational efficiency through smart manufacturing initiatives [34][35].

Investment Rating - The report maintains an "Outperform" rating for the industry [2] Core Insights - The wind power sector is experiencing significant advancements, particularly with the launch of Goldwind's 16+ MW floating wind turbine, which is expected to accelerate the development of floating offshore wind technology globally [6][11] - The European solar photovoltaic (PV) market is projected to see a decline in demand in 2025, with a forecasted installation of 64.2 GW, marking a 1.4% decrease year-on-year, potentially the first negative growth since 2015 [6][7] - The report highlights the increasing uncertainty in domestic solar demand, with a notable decline in new installations and exports, emphasizing the need for supply-side reforms and new technologies as key investment opportunities [7] Summary by Sections Wind Power - Goldwind's 16+ MW floating wind turbine has been successfully launched, featuring a fully integrated water cooling system and 100% domestically sourced key components, capable of withstanding extreme weather conditions [6][11] - The wind power index rose by 3.21% during the week, outperforming the CSI 300 index by 1.52 percentage points, with a current overall PE ratio of 20.93 [5][12] Solar Power - The European Solar Power Association predicts a decline in EU solar demand, particularly in residential rooftop installations, due to a recovery from the energy crisis and delayed demand in traditional markets [6][7] - Domestic solar module exports saw a decrease of approximately 4% in the first five months of 2025, with a significant drop in new installations in June [7] Energy Storage & Hydrogen - The inverter export value from China increased by 8% in the first half of 2025, with Europe, Asia, and Latin America being the top markets [7] - The report suggests that there are promising opportunities in the overseas energy storage market, particularly for companies with competitive advantages in emerging markets [7] Investment Recommendations - For wind power, the report recommends focusing on domestic demand growth, profitability recovery, and advancements in floating wind technology, highlighting companies like Mingyang Smart Energy and Goldwind [7] - In solar power, it suggests monitoring structural opportunities within the industry, recommending companies such as Longi Green Energy and Aiko Solar [7] - For energy storage, it emphasizes the potential in non-U.S. markets and suggests companies like Sungrow Power Supply [7]

吉林电力股份有限公司 大安风光制绿氢合成氨一体化示范项目 进展公告 本公司及董事会全体成员保证公告内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 目前，该项目各生产单元均调试成功，全系统流程已全线贯通， 项目于 7 月 26 日试运行投产。 证券代码：000875 证券简称：吉电股份 公告编号：2025-051 吉林电力股份有限公司（以下简称"公司"）于 2022 年 12 月 30 日、2023 年 1 月 18 日分别召开第九届董事会第五次会议、2023 年第一次临时股东大会，审议通过了《关于投资建设大安风光制绿 氢合成氨一体化示范项目的议案》，同意公司全资子公司——大安 吉电绿氢能源有限公司投资建设大安风光制绿氢合成氨一体化示范 项目，项目详情请见公司于 2022 年 12 月 31 日披露的《关于投资建 设大安风光制绿氢合成氨一体化示范项目的公告》（公告编号： 2022-106）。 吉林电力股份有限公司董事会 二〇二五年七月二十七日 2 由于项目从试运行投产到全面达产尚需一定时间，产能释放需 要过程，公司将持续关注项目进展，及时履行信息披露义务，敬请 广大投资者关注并注意投资风险。 特 ...

Core Insights - The Daan Project, a green hydrogen and ammonia integration demonstration project by State Power Investment Corporation, has been launched, marking a historic leap for China in the green hydrogen energy sector [1] - The project features four global firsts: large-scale green ammonia production, mixed hydrogen production, direct current microgrid, and solid-state hydrogen storage [1] - Jilin Electric Power Co., the only green hydrogen energy platform of State Power Investment Corporation, has signed sales agreements with multiple international companies, expanding green ammonia products to the international market [1] Company Developments - The Daan Project commenced production on July 26, showcasing China's advancements in green hydrogen technology [1] - Jilin Electric Power Co. has established partnerships with various domestic and international firms, including EDF China, China National Petroleum Corporation, Itochu Corporation of Japan, and Vopak of the Netherlands [1] - The first batch of green ammonia was officially dispatched to downstream markets on the day of production launch, indicating successful market entry [1]

Core Viewpoint - The launch of the Daan project marks a significant advancement in the green ammonia sector, showcasing a new model for local consumption of renewable energy through large-scale wind and solar projects [1][2]. Group 1: Project Overview - The Daan project is the world's largest single green ammonia project, with an annual production capacity of 180,000 tons of green ammonia and 32,000 tons of green hydrogen [1][3]. - The project utilizes a comprehensive design approach that integrates green hydrogen production, green ammonia synthesis, and renewable energy generation [1][2]. - The project is powered by 800 MW of renewable energy, consisting of 700 MW from wind and 100 MW from solar [4]. Group 2: Technological Innovations - The Daan project features four global firsts, including the largest single production of 180,000 tons/year of green ammonia, and the largest dual technology route for hydrogen production [3]. - It employs a proprietary "electric-hydrogen-chemical" flexible control system to address the challenges of renewable energy volatility and chemical production stability [3]. Group 3: Market and Sales Strategy - Prior to the project's launch, the company signed sales agreements with multiple international firms, including EDF China and Japan's Itochu Corporation, to ensure market absorption of the produced green ammonia [4]. - The project has received a pre-certification report from Bureau Veritas, confirming compliance with EU low-carbon fuel standards, facilitating international market expansion [5]. Group 4: Environmental Impact - The Daan project is expected to reduce carbon emissions by approximately 650,000 tons annually and save about 230,000 tons of standard coal, equivalent to the annual carbon emissions of nearly 500,000 average households [1].