关于国家能源集团长源电力股份有限公司 2024年度募集资金存放与使用情况的核查意见 中信建投证券股份有限公司 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为国家能源集团长源电力股份有限公司（以下简称"长源电力"或"公司"）向 特定对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《上市公 司监管指引第 2 号—上市公司募集资金管理和使用的监管要求》《深圳证券交 易所股票上市规则》《深圳证券交易所上市公司自律监管指引第1号—主板上市 公司规范运作》《深圳证券交易所上市公司自律监管指引第13号—保荐业务》等 有关法律法规和规范性文件的要求，对长源电力2024年度募集资金存放与使用情 况进行了审慎核查，具体核查情况如下： 一、募集资金基本情况 （一）募集资金到位情况 根据中国证券监督管理委员会《关于同意国家能源集团长源电力股份有限公 司向特定对象发行股票注册的批复》（证监许可（2024）1021 号）核准，公司本 次实际向特定对象发行普通股股票 731,707,317 股，共募集资金人民币 2,999,999,999.70 元，扣除保荐承销费用人民币 8,458,759.99 元（含 ...

Financial Performance - The company's operating revenue for 2024 reached ¥17,391,175,389.60, representing a 20.29% increase compared to ¥14,457,133,396.36 in 2023[20]. - The net profit attributable to shareholders for 2024 was ¥715,222,473.46, a significant increase of 104.90% from ¥349,062,023.56 in 2023[20]. - The net cash flow from operating activities for 2024 was ¥3,934,986,500.54, up 67.63% from ¥2,347,476,954.23 in 2023[20]. - The company's total assets at the end of 2024 were ¥40,362,468,434.35, reflecting a 7.34% increase from ¥37,601,830,440.61 at the end of 2023[20]. - The net assets attributable to shareholders increased by 36.69% to ¥13,607,442,805.32 at the end of 2024, compared to ¥9,954,786,999.91 at the end of 2023[20]. - The company reported a basic earnings per share of ¥0.2545 for 2024, doubling from ¥0.1270 in 2023[20]. - The total profit increased by 442.13 million yuan year-on-year, primarily due to an increase in power generation volume contributing 821.55 million yuan[43]. - The company's operating revenue was 1,739,117.54 thousand yuan, an increase of 293,404.20 thousand yuan year-on-year, with electricity sales revenue accounting for 90.72% of total revenue[42]. - The revenue from electricity generation accounted for 90.72% of total operating revenue, with a year-on-year increase of 21.46%[45]. - The company achieved a total revenue of 407,142.27 million CNY with a net profit of 36,708.18 million CNY, marking a year-on-year increase of 10,243.40 million CNY primarily due to increased power generation[100]. Dividend Distribution - The company plans to distribute a cash dividend of 0.72 RMB per 10 shares to all shareholders, based on a total of 3,481,035,016 shares[4]. - The company plans to distribute a cash dividend of 0.72 CNY per 10 shares, amounting to a total cash dividend of 250,634,521.20 CNY, which represents 35.04% of the distributable profit for 2024[175]. - The company achieved a net profit of 183.67 million CNY for the 2024 fiscal year, with a remaining distributable profit of 1,422.09 million CNY after accounting for reserves and previous dividends[175]. - There were no stock dividends or capital reserve transfers planned for this distribution[176]. Operational Efficiency - The average coal consumption per kilowatt-hour for thermal power generation is a key performance metric, reflecting operational efficiency[13]. - The average utilization hours of power generation equipment in the regulated power plants were 3,336 hours, a decrease of 66 hours year-on-year[31]. - The average utilization hours of power plants increased to 3,574 hours, up 454 hours year-on-year, with thermal power units averaging 4,306 hours[35]. - The company's controllable total installed capacity reached 10.9174 million kW by the end of June 2024, with thermal power accounting for 8.31 million kW, hydropower 581,000 kW, wind power 264,000 kW, solar power 1.7407 million kW, and biomass 21,600 kW, representing 9.36% of Hubei province's total installed capacity of 116.6508 million kW[126]. - The company achieved a total power generation of 40.1 billion kWh in 2024, a year-on-year increase of 22.46%, with thermal power generation up 24.07% and renewable energy generation up 53.22%[127]. Renewable Energy Initiatives - The company is focused on expanding its renewable energy projects, including solar power initiatives with planned capacities of 100 MW in various locations[12]. - The company added 1,115 MW of new energy project reserves, including 740 MW of wind power and 375 MW of solar power[39]. - The company is developing a 1,000 MW photovoltaic project in Hanchuan, with an investment of 1,269,591.40 million CNY, funded by self-owned capital and loans, representing a 41.69% increase in capacity[76]. - The company has initiated a 200 MW fishery photovoltaic project in Qianjiang, with an investment of 540,390.00 million CNY, also funded by self-owned capital and loans, showing a 50.31% increase in capacity[77]. - The company plans to expand its renewable energy portfolio with additional projects, including a 230 MW fishery photovoltaic project in Gucheng County, with an investment of 9,400.00 million CNY[78]. - The company is focusing on expanding its photovoltaic power generation capacity, with multiple projects in progress across different regions[86]. Risk Management and Compliance - The report emphasizes the importance of risk awareness regarding future plans and development strategies, indicating potential uncertainties for investors[4]. - The company emphasizes the importance of compliance risk management, particularly in areas such as related party transactions and information disclosure[121]. - The company will strengthen project investment analysis to mitigate investment risks and ensure compliance with local regulations[122]. - The company aims to enhance project management to prevent risks related to construction quality, safety, and cost control[123]. - The company's risk management system is functioning well, with major risks being effectively monitored and controlled[178]. Corporate Governance - The management discussion highlights the company's commitment to enhancing internal controls and financial reporting accuracy[4]. - The company has established a robust internal control system and governance structure in compliance with relevant laws and regulations[134]. - The board of directors has been strengthened with the completion of the re-election of 2 non-independent directors and the hiring of a new general manager and deputy general managers[134]. - Independent directors held 7 specialized meetings to ensure decision-making participation, supervision, and professional consultation, protecting the interests of minority shareholders[134]. - The company has maintained an A-level rating in information disclosure assessments from the Shenzhen Stock Exchange for three consecutive years from 2021 to 2023[130]. Environmental Responsibility - The company is committed to adhering to multiple environmental protection laws and standards, including the Environmental Protection Law of the People's Republic of China[185]. - The company’s power plants achieved ultra-low emissions for three major pollutants: particulate matter, sulfur dioxide, and nitrogen oxides, complying with the national standards[188]. - The company invested approximately 184 million yuan in environmental protection projects in 2024, with plans to invest 300 million yuan in 2025 for further improvements[191]. - The company reported emissions of 720 tons of sulfur dioxide, well below the permitted limit of 353 tons[186]. - The company has successfully implemented corrective measures for all identified governance issues, demonstrating a commitment to compliance and improvement[183].

Financial Performance - The company's operating revenue for Q1 2025 was ¥3,329,739,104.65, a decrease of 21.17% compared to ¥4,224,055,747.26 in the same period last year[4] - The net profit attributable to shareholders was -¥73,566,730.77, representing a decline of 129.40% from ¥250,185,633.66 year-on-year[4] - The net profit for the current period is -78,921,061.86, compared to a net profit of 256,785,915.99 in the previous period, indicating a significant decline[27] - The total profit for the current period is -51,791,686.40, down from 356,218,737.30 in the previous period[27] - The basic earnings per share for Q1 2025 was -¥0.0211, a decrease of 123.19% from ¥0.0910 in the same period last year[10] - The basic and diluted earnings per share for the current period are both -0.0211, compared to 0.0910 in the previous period[28] - The total comprehensive income attributable to the parent company is -73,566,730.77, compared to 250,185,633.66 in the previous period[28] Cash Flow - The net cash flow from operating activities was ¥890,644,163.93, down 8.15% from ¥969,645,088.54 in the previous year[4] - Cash flow from operating activities for the current period is 890,644,163.93, a decrease from 969,645,088.54 in the previous period[28] - Cash flow from investing activities shows a net outflow of -1,017,536,188.30, compared to -1,102,707,742.25 in the previous period[29] - The net cash flow generated from financing activities in the first quarter of 2025 was ¥252,910,062.23, an increase of ¥427,371,067.49 year-on-year[12] - Cash flow from financing activities results in a net inflow of 252,910,062.23, contrasting with a net outflow of -174,461,005.26 in the previous period[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥40,145,013,654.25, a decrease of 0.54% from ¥40,362,468,434.35 at the end of the previous year[4] - The company's total liabilities decreased by 31.39% in cash used for debt repayment, amounting to ¥2,821,963,597.76[11] - The company's total liabilities as of March 31, 2025, were 26.225 billion yuan, slightly down from 26.399 billion yuan at the beginning of the period[25] - The company's equity attributable to shareholders was 13.569 billion yuan, a decrease from 13.607 billion yuan at the beginning of the period[25] Research and Development - Research and development expenses increased by 446.94% to ¥12,181,464.84 compared to the same period last year[9] - Research and development expenses increased to 12.181 million yuan from 2.227 million yuan, reflecting a significant rise in investment in innovation[26] Operational Metrics - The company completed a total power generation of 8.461 billion kWh and on-grid electricity of 8.018 billion kWh in the reporting period, representing decreases of 11.72% and 12.02% year-on-year, respectively[16] Tax and Other Income - The cash received from tax refunds was ¥25,862,991.74, a decrease of 54.11% from the same period last year[11] - The company reported a tax expense of 27,129,375.46 for the current period, compared to 99,432,821.31 in the previous period[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,934, with the largest shareholder, State Energy Investment Group, holding 59.62%[13]

国家能源集团长源电力股份有限公司 独立董事2024年度述职报告 汤湘希 本人汤湘希作为公司的独立董事，在任职期间深入学习领会 习近平新时代中国特色社会主义思想、习近平法治思想，遵守《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司独 立董事管理办法》等法律、法规，依照《国家能源集团长源电力 股份有限公司章程》的要求与规定，认真履行独立董事应尽的各 项职责与义务，推动公司经营法治化建设，为企业合规建言献策， 力求提高企业治理水平，稳步推进企业转型升级。现将本人 2024 年度的履职情况报告如下。 一、2024 年出席董事会和股东大会情况 （一）总体情况 三、董事会专门委员会履职情况 （一）审计与风险管理委员会 报告期内，本人作为审计委员会召集人以及审计委员会委员 ，按照《公司董事会审计委员会工作细则》等规章制度的要求组 织开展审计委员会工作。2024年，主持并出席了公司召开的5次 2 董事会审计委员会会议（其中通讯会议1次），会前认真审阅议 案资料，深入了解议案相关情况，并与管理层进行沟通交流，在 表决过程中全部投了赞成票，没有投反对或弃权票的情况，并从 独立性的角度发表意见。参加审计与风险管理委员会 ...

国家能源集团长源电力股份有限公司 关于独立董事独立性评估的专项意见 根据中国证券监督管理委员会《上市公司独立董事管理 办法》《深圳证券交易所股票上市规则》《深圳证券交易所上 市公司自律监管指引第 1 号——主板上市公司规范运作》等 要求，国家能源集团长源电力股份有限公司（以下简称公司） 董事会，就公司在任独立董事汤湘希、王宗军、张红的独立 性情况进行评估并出具如下专项意见： 公司董事会对独立董事汤湘希、王宗军、张红的任职经 历以及签署的相关自查文件进行了详细核查。经核查，上述 人员未在公司担任除独立董事以外的任何职务，也未在公司 控股股东及控股子公司担任任何职务，与公司以及主要股东 之间不存在利害关系或其他可能妨碍其进行独立客观判断 的关系，不存在影响独立董事独立性的情况，符合上述证券 监管规定中对独立董事独立性的相关要求。任职期间，三位 独立董事严格遵守证券监管规定，忠实、勤勉、独立履职， 在董事会中充分发挥了参与决策、监督制衡、专业咨询作用， 有力维护了公司整体利益，保护了中小股东合法权益。 国家能源集团长源电力股份有限公司董事会 2025 年 4 月 24 日 ...

Market Overview - The A-share market experienced fluctuations with mixed performance among the three major indices, resulting in 71 stocks hitting the daily limit up and 64 stocks failing to do so, leading to an overall limit-up rate of 64.96% [1] Top Gainers - Huayin Power had the highest limit-up order volume at 710,700 hands, followed by Dongbei Group and Nanguo Real Estate with limit-up order volumes of 525,400 hands and 442,400 hands respectively [2] - In terms of limit-up order amounts, seven stocks exceeded 100 million yuan, with Tuo Wei Information, Dongbei Group, and Huayin Power leading at 503 million yuan, 357 million yuan, and 301 million yuan respectively [2] Electric Power Sector - The electric power sector saw a collective surge with several stocks hitting the limit up, including Huayin Power, Xichang Power, Huadian Liaoning Energy, Changyuan Power, Mingxing Power, and Shaoneng Co [3] - Huayin Power is noted as the only listed power generation financing platform in Hunan, primarily engaged in power production and sales, including wind power business [3] Electric Power Equipment Sector - The electric power equipment sector also had notable gainers, including Bofei Electric, Jiuzhou Group, Jixin Technology, and Zhongdian Xinlong [5] - Bofei Electric is recognized as a leading domestic provider of electrical insulation materials, capable of offering complete insulation system designs tailored to wind turbine specifications [5] Computing Power Sector - The computing power sector featured stocks such as Hongbo Co., Zhongdian Xinlong, Tianyu Digital Technology, ST Guangwang, and Tuo Wei Information hitting the limit up [6] - Hongbo Co. operates a subsidiary that is the sole designated operator of the AI Innovation Empowerment Center in Beijing, collaborating with Nvidia across various fields [6] Investment Trends - Tuo Wei Information recorded a net purchase of 729 million yuan on the day, leading the net buying list, followed by Satellite Chemistry and Jiuzhou Group with net purchases of 685 million yuan and 196 million yuan respectively [7] - Among institutional special seats, Tuo Wei Information, Satellite Chemistry, and Jiuzhou Group were the top three in net purchases, amounting to 139 million yuan, 95.9 million yuan, and 41.8 million yuan respectively [7]

Market Overview - The market experienced a dull and slight fluctuation, with the Shanghai Composite Index down 0.07%, while the Shenzhen Component and ChiNext Index rose by 0.39% and 0.59% respectively, indicating a mixed performance overall [4] Real Estate Sector - The real estate sector showed initial strength with stocks like Nanguo Real Estate and Yucheng Development hitting the limit up, but faced significant pullbacks in the afternoon [3] E-commerce Sector - The cross-border e-commerce sector saw localized surges, with companies like Shengyibao and Xunxing Co. experiencing notable gains [3] Power Sector - The power sector demonstrated consistent strength, with multiple companies such as Huayin Power and Xichang Power achieving consecutive limit up days, and the thermal and hydropower segments rising by 2.66% and 3.83% respectively [20][21] Home Appliance Sector - The home appliance sector showed localized strength, with companies like Dongbei Group and Whirlpool achieving limit up. Whirlpool reported a net profit of 116 million yuan for Q1, a year-on-year increase of over 1000% [9][10] - The overall home appliance sector rose nearly 1% by the end of the day, driven by strong Q1 reports from Whirlpool and Kangsheng Co. [8][10] Semiconductor Sector - The semiconductor sector experienced a slight uptick following reports of certain tax exemptions for semiconductor imports, although the overall market sentiment appeared chaotic [17][18] Company-Specific Highlights - Tuowei Information reported a significant Q1 profit increase of 979.75% despite a net loss of 100 million yuan for the previous year, leading to a strong market reaction with the stock hitting the limit up [14] - Companies like Ganli Pharmaceutical and Xingfu Blue Sea also showed strong performance, contributing to the overall market dynamics [13]

Core Insights - The pumped storage concept sector rose by 1.44%, ranking fourth among concept sectors, with 46 stocks increasing in value, including Jiuzhou Group which hit a 20% limit up [1] - Major gainers in the sector included Changyuan Electric and Shaoneng Co., both reaching their daily limit up, while Hubei Energy and other stocks experienced notable declines [1][2] Market Performance - The pumped storage concept sector saw a net inflow of 509 million yuan, with 28 stocks receiving net inflows, and six stocks exceeding 50 million yuan in net inflow [1] - Jiuzhou Group led the net inflow with 388 million yuan, followed by Changyuan Electric and Tianfu Energy with 192 million yuan and 107 million yuan respectively [1][2] Stock Performance - Jiuzhou Group had a daily increase of 19.97% with a turnover rate of 43.12% and a net inflow ratio of 25.28% [2] - Changyuan Electric and Tianfu Energy also showed strong performance with increases of 10% and 9.13% respectively, alongside significant net inflow ratios of 23.65% and 21.99% [2][3]

Core Viewpoint - The electricity sector has shown significant performance, with multiple companies experiencing substantial stock price increases, indicating a strong market interest and potential investment opportunities in this area [1][2]. Electricity Sector Performance - The electricity sector saw a notable surge, with companies like Jiuzhou Group, Huadian Energy, and Changyuan Electric reaching their daily price limits. Leshan Electric has nearly doubled in price over the last ten trading days [2][4]. - As of the end of the trading day, the cumulative installed capacity of wind and solar power in China reached 1.482 billion kilowatts, surpassing thermal power for the first time [4]. Market Trends - The overall market showed mixed results, with the Shanghai Composite Index slightly down by 0.07% and the ChiNext Index up by 0.59%. The total trading volume across the Shanghai and Shenzhen markets was approximately 1.137 trillion yuan, consistent with the previous day [1]. - The CPO (Chiplet Packaging and Optimization) concept gained traction, with companies like Zhishang Technology and Shijia Photon seeing significant stock price increases [5][7]. AI and Smart Medical Sector - The smart medical sector experienced a rise, with companies such as He Shi Eye Hospital and Saili Medical reaching their daily price limits. The sector is expected to benefit from the recent implementation plan for the digital transformation of the pharmaceutical industry [8][9]. - The integration of AI in the medical field is anticipated to accelerate, driven by recent policy developments and technological advancements [9].

长按即可参与 市场全天冲高回落 ， 三大指数涨跌不一 。 截至收盘 ， 沪指跌0.07% ， 深成指涨0.39% ， 创业板指涨0.59% 。 个股涨多跌少 ， 全市场超2800只个股上涨 。 沪深两市全天成交额1.11万亿 ， 较上个交易日放量45.5亿 。 多只高位股跌停 今天盘中，多只前期热炒的高位股跳水跌停，三胎概念牛股贝因美低开低走，最终跌停。 消费概念牛股国光连锁和国芳集团也跌停，其中国芳集团4月以来最大涨幅超200%。 | 軍第二章 | | | | | | --- | --- | --- | --- | --- | | 601086 已收盘04-25 15:00:00 北京 | | | | | | 12.53 -1.39 -9.99% | | | 2.54万人加自选【_2000 > | CN L1 | | 高 14.30 | 开 12.53 | 量 97.12万手 | | 总市值 83.45亿 | | 低 12.53 | 换 14.58% | 额 12.70亿 | | 市盈TTM 143.86 | | 股价异动 历史新高 +1.08% 现价14.07 | | | | 10:07 | | 分时 五 ...