Group 1 - The capital market's M&A activities in the Shenzhen market are experiencing significant growth, driven by policy benefits, precise regulatory support, and proactive market participants, leading to a dual increase in both quality and quantity of transactions [1] - Since 2025, there have been 1,104 newly disclosed M&A transactions in the Shenzhen market, totaling 553.7 billion yuan, representing a year-on-year increase of 54% and 55% respectively; major asset restructurings have exceeded 100, with a year-on-year growth rate of 60% [1] - In addition to major asset restructurings, there have been 995 cash acquisitions that did not meet the major asset restructuring standards, accounting for 90% of the total restructuring activities during the same period, indicating a trend towards smaller, embedded acquisitions that enhance company quality [1] Group 2 - Among the 109 major asset restructurings, 80% were industry mergers and acquisitions, and 70% involved new quality productivity targets, with strategic emerging industries such as semiconductors, information technology, and equipment manufacturing being the core focus [2] - Notable transactions include Electric Power Investment Corporation's acquisition of nuclear power assets worth 55.4 billion yuan, establishing a specialized nuclear power operation platform, and Huatian Technology's acquisition of semiconductor company Huayi Microelectronics, optimizing the company's industrial layout [2] Group 3 - The emergence of benchmark cases and diverse restructuring models is evident, with cross-industry mergers facilitating transformation, such as Huylin Ecological's acquisition of Junheng Technology to enter the high-end optical module sector [3] - Innovative transaction models are addressing industry challenges, exemplified by Hailianxun's absorption and merger of Hangqilun B, becoming the first "A absorbs B" case post-implementation of the "six merger rules" [3] - Various payment tools are being utilized, such as Guangku Technology's combination of share issuance, targeted convertible bonds, and cash for restructuring payments, enhancing transaction flexibility and reinforcing incentive constraints [3] Group 4 - Since 2025, the Shenzhen Stock Exchange has received 41 major asset restructuring applications, a year-on-year increase of 273%, with 15 approvals, marking a 114% increase; the average time from application to approval has been reduced by 22% [4] - TCL Technology's acquisition of a minority stake in Huaxing Semiconductor for 11.6 billion yuan serves as a typical example of efficient review services for the real economy, with the transaction taking only 61 days from application to approval [4] - The Shenzhen Stock Exchange plans to continue implementing the "six merger rules," enhancing regulatory service efficiency and supporting the successful execution of more benchmark restructuring projects [4]

电投产融回复：尊敬的投资者，您好！本次交易已通过深圳证券交易所并购重组审核委员会审议，具体 内容请参阅《关于公司重大资产置换及发行股份购买资产并募集配套资金暨关联交易获得深圳证券交易 所并购重组审核委员会审核通过的公告》，注册稿请参阅公司于12月9日发布的系列公告。根据相关监 管程序，本次重组项目后续还需获得中国证监会同意注册，取得相关法律法规要求的其他必要批准或核 准等环节。公司将依法合规推进相关工作，并严格按照相关规定履行信息披露义务，敬请关注公司后续 公告，感谢您的关注。 证券之星消息，电投产融(000958)12月17日在投资者关系平台上答复投资者关心的问题。 投资者提问：本次重组计划什么时候向证监会提交注册申请？ 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

（文章来源：证券日报） 证券日报网讯 12月17日，电投产融在互动平台回答投资者提问时表示，公司高度重视投资者关系管 理，重组完成后，公司将根据实际需要，在遵守信息披露规则的前提下，积极通过业绩说明会、路演等 多种合规形式，加强与资本市场的沟通。关于是否组织针对特定技术的专项路演，目前尚无既定计划， 后续安排请以公司公告为准。 ...

Core Viewpoint - The company is advancing its nuclear technology with the "Guohe No. 1" (CAP1400), which is a large advanced pressurized water reactor with a single unit power of 1.5 million kilowatts, representing China's largest self-designed nuclear power technology [1] Group 1: Technology and Innovation - The "Guohe No. 1" technology is based on the introduction and absorption of third-generation passive pressurized water reactor technology, featuring independent intellectual property rights [1] - The company emphasizes a "passive" safety design concept in its nuclear technology [1] Group 2: Comprehensive Utilization of Nuclear Energy - The Shandong Nuclear Power, part of the assets to be injected, is pioneering large pressurized water reactor heat and power generation research and practice, focusing on the utilization of residual heat from nuclear power plants and local clean heating needs [1] - The company has established an innovative brand for comprehensive nuclear energy utilization, including projects like "Warm Nuclear No. 1" [1] Group 3: Future Plans and Compliance - The company will conduct careful research and demonstration regarding the specific implementation plans and timelines for comprehensive utilization based on strategic development, technical economic feasibility, and local demand [1] - The company commits to advancing related work in compliance with laws and regulations, ensuring proper information disclosure [1]

证券日报网讯12月17日，电投产融（000958）在互动平台回答投资者提问时表示，电投核能及其控股子 公司计划建设核电项目包括一体化小型堆示范工程项目，该项目目前处于前期阶段，尚未获得核准。 ...

Core Viewpoint - The market review indicates that the CSI 300 index increased by 1.28% this week, while the public utility index rose by 0.12% and the environmental index fell by 0.15%, with relative weekly returns of -1.16% and -1.43% respectively [2] Market Performance - The public utility and environmental sectors ranked 17th and 19th among the 31 primary industry categories in terms of growth [2] - Within the electricity sector, thermal power decreased by 0.20%, hydropower increased by 0.66%, and renewable energy generation rose by 1.09% [2] - The water sector saw an increase of 0.59%, while the gas sector experienced a decline of 1.66% [2] Important Events - Guangdong's electricity market is set to conduct annual trading for 2026, with a market scale of approximately 680 billion kilowatt-hours and a trading cap of 420 billion kilowatt-hours [3] - The annual trading will be conducted in phases from December 5 to December 22, with various trading methods including bilateral negotiations and centralized competitive trading [3] Special Research - The major asset swap and issuance of shares for asset purchase by Electric Power Investment Corporation has been approved by the Shenzhen Stock Exchange, with a transaction value of 55.39 billion yuan for acquiring 100% of Electric Power Investment Nuclear [4] - The performance commitment for the acquired assets includes a net profit of no less than 3.37 billion yuan for 2025, 3 billion yuan for 2026, and 3.59 billion yuan for 2027 [4] Investment Strategy - In the public utility sector, coal and electricity prices are declining, which may maintain reasonable profitability for thermal power, recommending major thermal power companies [5] - Continuous government support for renewable energy development is expected to stabilize profitability, with recommendations for leading renewable energy firms [5] - The nuclear power sector is anticipated to maintain stable profitability, with recommendations for nuclear operation companies [5] - High-dividend hydropower stocks are highlighted for their defensive attributes in a global interest rate decline environment [5] - In the environmental sector, the water and waste incineration industries are entering a mature phase, with improved free cash flow [5]

国家电投集团产融控股股份有限公司 章 程 （2025 年 12 月修订） 2025 年 12 月 11 日 | 第一章 | 总则 | 1 | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 2 | | 第三章 | 股份 | 3 | | 第一节 | 股份发行 | 3 | | 第二节 | 股份增减和回购 | 4 | | 第三节 | 股份转让 | 5 | | 第四章 | 党委 | 6 | | 第五章 | 股东和股东大会 | 7 | | 第一节 | 股东 | 7 | | 第二节 | 股东大会的一般规定 | 10 | | 第三节 | 股东大会的召集 | 15 | | 第四节 | 股东大会的提案与通知 | 17 | | 第五节 | 股东大会的召开 | 19 | | 第六节 | 股东大会的表决和决议 | 22 | | 第六章 | 董事会 | 27 | | 第一节 | 董事 | 27 | | 第二节 | 董事会 | 31 | | 第三节 | 专门委员会 | 38 | | 第七章 | 总经理及其他高级管理人员 | 40 | | 第八章 | 财务会计制度、利润分配和审计 43 | | | 第一节 | ...

证券代码：000958 证券简称：电投产融 公告编号：2025-084 国家电投集团产融控股股份有限公司 关于聘请公司 2025-2026 年度 会计师事务所的公告 1.前任会计师事务所：立信会计师事务所（特殊普通合 伙） 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。 特别提示： 2.拟聘任会计师事务所：信永中和会计师事务所（特殊 普通合伙）（简称信永中和） 3.变更会计师事务所的原因：鉴于立信会计师事务所（特 殊普通合伙）聘期已满，且已连续多年为公司提供审计服务， 根据财政部、国资委及证监会联合印发的《国有企业、上市 公司选聘会计师事务所管理办法》的相关规定，综合考虑公 司未来发展规划及审计需要，经公司综合评估及审慎研究， 拟聘任信永中和为公司 2025-2026 年度财务决算审计机构。 4.公司董事会审计与风险管理委员会、董事会、监事会 对本次拟变更会计师事务所事项无异议。 5.本次聘任会计师事务所符合财政部、国务院国资委、 — 1 — 国家电投集团产融控股股份有限公司（简称公司）于 2025 年 12 月 11 日召开第七届董事会第三十一次会议、第七 ...

证券代码：000958 证券简称：电投产融 公告编号：2025-083 国家电投集团产融控股股份有限公司 关于修订公司《章程》的公告 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。 会《关于新<公司法>配套制度规则实施相关过渡期安排》要 求，确保公司治理结构符合上市公司监管规范，保障股东的 合法权益。 本次公司章程修订将原有的二百一十条删减至一百九 十六条，十三章删减至十二章，核心是由审计与风险管理委 员会承接原监事会法定职权；同时对照有关监管制度进行合 规性审查，确保修订后的章程条款符合监管要求。 除以上修订内容外，公司《章程》其他条款内容不变， 《章程》其他条款序号及援引条款序号将由于新增条款而相 应调整。 修订后的公司《章程》尚须提交股东大会以特别决议方 式审议批准，为保证后续工作的顺利开展，公司董事会提请 股东大会授权公司董事会及公司相关人员办理章程备案等 事项。 二、备查文件 1.第七届董事会第三十一次会议决议 2.第七届监事会第二十一次会议决议 3.公司《章程》（2025年12月修订稿） 根据《公司法》《上市公司章程指引》、国资委《中央 企业公司章 ...

证券代码：000958 证券简称：电投产融 公告编号：2025-085 国家电投集团产融控股股份有限公司 关于预计 2026 年度日常关联交易额度的 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、日常关联交易概述 2025 年 12 月 11 日，国家电投集团产融控股股份有限 公司（简称公司）召开第七届董事会第三十一次会议，审 议通过了《关于预计 2026 年度日常关联交易额度的议案》。 根据公司《章程》规定，公司 7 名董事中冯俊杰女士、王 浩先生、保姣女士属关联董事，回避表决。经审议，4 名非 关联董事一致同意该项议案。本议案已在会前提交独立董 事 2025 年第七次专门会议审议，全体独立董事一致通过该 议案。 根据《股票上市规则》和公司《章程》规定，本次关 联交易事项尚需提交股东大会审议，关联股东国家电力投 资集团有限公司、国家电投集团河北电力有限公司、云南 能投资本投资有限公司需回避表决。 — 1 — （一）2026 年度日常关联交易预计明细 — 2 — 单位：亿元，不含税 类别 关联人 关联交易内容 定价原则 2026年 预计额 度 截至 ...