Core Viewpoint - The company has been awarded a contract for an EPC project related to the deep treatment of desulfurization wastewater, with a bid amount of 36.700368 million yuan, through a public tender process, which constitutes a related party transaction due to the connection with its controlling shareholder [1][5]. Group 1: Related Transaction Overview - The project is awarded to Guoneng Water Environmental Protection Co., Ltd., a wholly-owned subsidiary of the company's controlling shareholder, National Energy Group [1][5]. - The transaction does not require board approval or shareholder approval as it is a result of a public tender [1]. - The transaction does not qualify as a major asset restructuring under relevant regulations [1]. Group 2: Related Party Information - Guoneng Water Environmental Protection Co., Ltd. is a specialized company in water treatment and noise control, with various environmental engineering qualifications [2][5]. - The company is fully owned by National Energy Group Technology and Environmental Protection Co., Ltd., which is controlled by National Energy Group [3][5]. Group 3: Financial Data - Guoneng Water has significant financial qualifications, including a registered capital of 150 million yuan and various environmental service capabilities [2][5]. - The financial data for the last three years shows a total asset increase from 192.22 billion yuan in 2022 to 287.19 billion yuan in 2024, with net profit rising from a loss of 36.37 million yuan in 2022 to a profit of 8.00 million yuan in 2024 [10]. Group 4: Project Impact - The project aims to achieve zero discharge of desulfurization wastewater, addressing environmental compliance for the urban power plant located in Wuhan [9]. - The implementation of this project is expected to enhance the company's clean production goals and align with green and low-carbon development strategies [9]. - The project will not have a significant impact on the company's current assets, liabilities, or profits [9].

Group 1 - The core point of the article is that Changyuan Power (000966.SZ) has been awarded a bid for an EPC project related to deep treatment of desulfurization wastewater at its subsidiary, Qingshan Company, with a bid amount of 36.700368 million yuan [1] - The winning bidder is Guoneng Water Environmental Protection Co., Ltd., which is a company indirectly controlled by the company's controlling shareholder, State Energy Investment Group Co., Ltd. [1] - This transaction is classified as a related party transaction due to the connection between Guoneng Water and the controlling shareholder [1]

证券代码：000966 证券简称：长源电力 公告编号：2026-003 国家能源集团长源电力股份有限公司 关于全资子公司长源电力青山热电脱硫废水 深度治理 EPC 项目关联交易的公告 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、关联交易情况概述 2026 年 1 月 12 日，公司收到招标代理机构国家能源集团国际工程咨询有限 公司发出的《中标通知书》（国际工程中[2026]00364 号），确定国能水务环保 有限公司（以下简称国能水务）为公司全资子公司国能长源武汉青山热电有限公 司（以下简称青山公司）长源电力青山热电脱硫废水深度治理 EPC 项目的中标 方，项目中标金额为 3,670.00368 万元。 二、关联方基本情况 1. 关联方工商信息 名称：国能水务环保有限公司 企业性质：有限责任公司（法人独资） 注册地：北京市海淀区西四环中路 16 号院 1 号楼 5 层 501、502 主要办公地：北京市海淀区西四环中路 16 号院 1 号楼 6 层 法定代表人：王晓岚 注册资本：150,000 万元人民币 由于国能水务是公司控股股东国家能源投资集团有限 ...

Core Viewpoint - The announcement indicates that Changyuan Power's wholly-owned subsidiary, Qingshan Company, has awarded the EPC project for deep treatment of desulfurization wastewater to Guoneng Water, with a bid amount of 36.700368 million yuan. This transaction is classified as a related party transaction and does not require board or shareholder approval, as it does not constitute a major asset restructuring [1] Group 1 - The core objective of the project is to achieve zero discharge of desulfurization wastewater for Qingshan Company [1] - Since the beginning of the year until the disclosure date, the company has engaged in related party transactions totaling approximately 362 million yuan [1] - In the past 12 months, the company has recorded related party transactions amounting to 60.3862 million yuan that did not meet the standards [1]

Core Viewpoint - The announcement highlights that Changyuan Power's wholly-owned subsidiary, Guoneng Changyuan Wuhan Qingshan Thermal Power Co., Ltd., has won a bid for an EPC project focused on deep treatment of desulfurization wastewater, amounting to 36.7 million yuan [1] Group 1: Project Details - The project aims to achieve zero discharge of desulfurization wastewater at Qingshan Company [1] - Guoneng Water Environmental Protection Co., Ltd., an affiliated party, is the winning bidder for this project, indicating it constitutes a related party transaction for the company [1] Group 2: Environmental Impact - The implementation of this project is expected to effectively address the negative impacts of desulfurization wastewater on the efficiency of the desulfurization system and the safe operation of equipment [1] - The project aligns with the company's goals for clean production and supports the transition towards a green and low-carbon development direction [1]

Group 1 - The core point of the article is that Changyuan Power (000966) reported a total of 99,284 shareholders as of January 9, 2026 [1]

Core Viewpoint - The company, Changyuan Electric Power, aims to enhance its core competitiveness and support national energy construction through sustainable development and capital market integration since its listing in 2000 [1] Group 1: Company Objectives - The company focuses on sustainable and healthy development, actively participating in the new energy system and power structure [1] - Future initiatives include upgrading traditional industries, prioritizing wind power development, and exploring new energy storage solutions [1] - The company is committed to improving shareholder returns and enhancing its market value management through better operational performance and increased dividend ratios [1] Group 2: Market Performance - As of January 9, 2026, the company's stock closed at 4.33 yuan, with a 0.23% increase, a turnover rate of 0.55%, and a trading volume of 178,800 shares, amounting to a transaction value of 77.42 million yuan [1] - On the same day, there was a net outflow of 16.96 million yuan from institutional investors, while retail investors saw a net inflow of 12.69 million yuan [1]

Core Viewpoint - The company emphasizes its commitment to sustainable development and enhancing core competitiveness through capital markets since its listing in 2000 [2] Group 1: Company Strategy - The company aims to integrate into the new energy system and new power system construction, focusing on the transformation and upgrading of traditional industries and the quality development of emerging industries [2] - The company plans to prioritize the development of wind power, selectively develop solar energy, and explore new energy storage solutions [2] - The company intends to consolidate and expand comprehensive energy services to enhance core competitiveness and promote sustainable high-quality development [2] Group 2: Value Management - The company will actively respond to the regulatory bodies' directives on market value management, focusing on improving operational performance, increasing dividend ratios, and enhancing the quality of information disclosure [2] - The company aims to improve ESG capabilities, investor relations management, and corporate governance to protect the rights and interests of investors and shareholders [2]

Core Viewpoint - Changyuan Power is accelerating its green transformation by investing in renewable energy projects, specifically a new 100MW wind power project in Hubei Province, which aligns with national policies for high-quality development of renewable energy [1][2]. Group 1: Project Details - Changyuan Power plans to establish a new project company in Songzi City to invest 572 million yuan in the construction of the 100MW wind power project [1]. - The project will install 16 wind turbines, each with a capacity of 6.25MW, and will include an 80MW/160MWh electrochemical energy storage station [1]. - The project is expected to have a static total investment of 562 million yuan and a dynamic total investment of 572 million yuan, with an expected internal rate of return on capital of 7.33% [1]. Group 2: Strategic Importance - The investment is part of a broader strategy to enhance the proportion of clean energy in the company's energy mix, optimize its power generation structure, and increase revenue and profit post-commissioning [2]. - The project aligns with national strategies for carbon neutrality and energy security, emphasizing the need for a new energy system and power structure [2]. Group 3: Performance Metrics - In 2025, Changyuan Power reported a total electricity generation of 23.80 billion kWh, a decrease of 40.54% year-on-year, with a 43.39% drop in thermal power generation and a 25.79% increase in hydropower generation [2]. - The cumulative electricity generation for the year was 344.40 billion kWh, reflecting a 14.12% year-on-year decline, with thermal power down 16.60% and hydropower up 19.18% [2]. - The company has been actively investing in renewable projects, with approximately 2.9 billion yuan raised for 10 solar projects, most of which are on track for completion by the end of 2025 [2].

Core Viewpoint - Changyuan Power (000966) emphasizes its commitment to a compensation management system that aligns with company performance and sustainable development, adhering to regulatory requirements [1] Group 1: Compensation Management - The company implements a salary management system that matches total wage expenses and employee salary growth with economic performance [1] - Annual performance is linked to the company's yearly operational results, ensuring that compensation reflects business success [1] - Specific details regarding employee compensation for the year 2025 will be disclosed in the company's designated media through the "2025 Annual Report" [1]