证券代码：001210 证券简称：金房能源 公告编号：2025-048 金房能源集团股份有限公司 2025 年第一次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东会未出现否决议案； 2.本次股东会不涉及变更前次股东会决议的情况 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间： 会议开始时间：2025 年 9 月 8 日下午 14:00 网络投票时间：2025 年 9 月 8 日，其中通过深圳证券交易所交 易 系 统 进 行 网 络 投 票 的 具 体 时 间 为 ： 2025 年 9 月 8 日 上 午 9:15-9:25,9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互 联网投票系统投票的具体时间为：2025 年 9 月 8 日上午 9:15 至下午 15:00 期间的任意时间； 2.会议召开地点：北京市海淀区马甸西路月季园 20 号楼公司会 议室。 3.会议召开方式：本次股东会采用现场方式召开，现场投票与网 络投票结合的方式进行投票。 （2）参加网络投票的股东共 67 名， ...

北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：(86-10) 85191300 传真：(86-10) 85191350 junhebj@junhe.com 致：金房能源集团股份有限公司 北京市君合律师事务所（以下简称"本所"）受金房能源集团股份有限公司 （以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简称"《公 司法》"）等法律、法规、规章及《金房能源集团股份有限公司章程》（以下简称 "《公司章程》"）、《金房能源集团股份有限公司股东大会议事规则》（以下简称 "《股东大会议事规则》"）的有关规定，就公司 2025 年第一次临时股东大会（以 下简称"本次股东会"）有关事宜出具本法律意见书。 本法律意见书仅就本次股东会的召集和召开程序、出席本次股东会人员的 资格、召集人资格、会议表决程序是否符合中国有关法律、法规及《公司章程》 的规定以及表决结果是否合法有效发表意见，并不对本次股东会所审议的议案内 容以及该等议案所表述的相关事实或数据的真实性、准确性或合法性发表意见。 为出具本法律意见书之目的，本所审查了公司提供的有关文件，并取得公司 向本所作出的如下保证：公司已向本所提供 ...

Core Viewpoint - Jin Fang Energy (001210) reported stable growth in its overall operations for the first half of 2025, with significant increases in both revenue and net profit [1] Financial Performance - The company's operating revenue increased by 11.06% compared to the same period last year [1] - The net profit attributable to the parent company rose by 36.09% year-on-year [1] Strategic Developments - Jin Fang Energy established a wholly-owned subsidiary, Jin Fang Xing Sheng Investment Company, to create an efficient and forward-looking capital operation platform leveraging policy, funding, and management advantages [1] - The company has set up two wholly-owned secondary subsidiaries: Jin Fang Heating (Hotan) Co., Ltd. and Jin Fang Thermal Energy (Luopu) Co., Ltd., to expand its heating market presence in the Xinjiang region [1] Market Positioning - The company aims to provide tailored, efficient, and environmentally friendly heating solutions based on its advanced technology and rich experience in the heating sector, while considering the local climate and energy structure in Hotan [1] - Jin Fang Energy is actively responding to national policies supporting Xinjiang, contributing to stable and efficient energy services in the region, thereby aiding local economic and social development [1]

Core Viewpoint - The company, Jin Fang Energy, reported stable growth in its overall operations for the first half of 2025, with significant increases in both revenue and net profit [2]. Financial Performance - The company's operating revenue increased by 11.06% compared to the same period last year [2]. - The net profit attributable to shareholders rose by 36.09% year-on-year [2]. Strategic Developments - Jin Fang Energy established a wholly-owned subsidiary, Jin Fang Xing Sheng Investment Company, to create an efficient and flexible capital operation platform leveraging policy, funding, and management advantages [2]. - The company has set up two secondary wholly-owned subsidiaries, Jin Fang Heating (Hotan) Co., Ltd. and Jin Fang Thermal Energy (Luopu) Co., Ltd., to expand its heating market presence in the Xinjiang region [2]. Market Positioning - The company aims to provide tailored, efficient, and environmentally friendly heating solutions based on its advanced technology and rich experience in the heating sector, while considering the local climate and energy structure in Hotan [2]. - Jin Fang Energy is actively responding to national policies supporting Xinjiang, contributing to stable and efficient energy services in the region, thereby aiding local economic and social development [2].

Market Overview - The Shanghai Composite Index closed at 3844.84 points, with a decline of 0.79% [1] - The total trading volume of A-shares reached 1,930.44 billion yuan [1] Stocks with Death Cross - A total of 43 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Zhongma Transmission (603767) with a distance of -3.93% [1] - Jifeng Technology (300022) with a distance of -1.30% [1] - Canqin Technology (688182) with a distance of -1.28% [1] Individual Stock Performance - Zhongma Transmission (603767) saw a decrease of 0.82% with a latest price of 29.01 yuan, which is 8.91% below the 10-day moving average [1] - Jifeng Technology (300022) decreased by 2.12%, latest price at 8.30 yuan, 4.39% below the 10-day moving average [1] - Canqin Technology (688182) dropped by 6.45%, latest price at 25.68 yuan, 7.56% below the 10-day moving average [1] - Other notable declines include: - Meiai Technology (688376) down 4.72% [1] - Jingxin Pharmaceutical (002020) down 2.82% [1] - Zhongyuan Media (000719) down 1.36% [1] Additional Stocks with Death Cross - Other stocks showing a death cross include: - Guomai Technology (002093) down 5.22% [2] - Nanfang Pump Industry (300145) down 5.30% [2] - ST Diweixun (300167) down 1.59% [2] - Aerospace Development (000547) down 3.00% [2] - The performance of these stocks indicates a broader trend of declining prices among companies experiencing a death cross [2]

Core Viewpoint - Jin Fang Energy (001210) reported a strong performance in its 2025 mid-year financial results, with significant increases in revenue and net profit compared to the previous year [1] Financial Performance - Total revenue reached 671 million yuan, an increase of 11.06% year-on-year [1] - Net profit attributable to shareholders was 120 million yuan, up 36.09% year-on-year [1] - In Q2, total revenue was 42.32 million yuan, a year-on-year increase of 7.11% [1] - Q2 net profit attributable to shareholders was -10.13 million yuan, showing a year-on-year improvement of 71.18% [1] - Gross margin increased by 11.83% to 29.62%, while net margin rose by 19.18% to 17.58% [1] Cost and Expenses - Total selling, administrative, and financial expenses amounted to 28.91 million yuan, accounting for 4.31% of revenue, an increase of 2.73% year-on-year [1] - Earnings per share were 0.76 yuan, reflecting a year-on-year increase of 35.71% [1] Cash Flow and Financial Position - Cash and cash equivalents decreased by 54.78% due to investments and higher operational expenditures [2] - Contract liabilities decreased by 86.81% as heating fee prepayments were recognized as revenue [3] - Net cash flow from investing activities decreased by 31.22% due to increased fixed asset purchases and investments [3] - Financing activities saw a significant increase of 967.52% in cash inflow due to new bank loans [3] Return on Investment - The company's return on invested capital (ROIC) was 3.53%, indicating weak capital returns [4] - Historical median ROIC since listing was 18.11%, with the lowest ROIC recorded in 2023 at 0.9% [4] - Accounts receivable have reached 782.48% of profit, suggesting potential concerns in receivables management [4]

Core Insights - Jin Fang Energy (001210.SZ) reported a total operating revenue of 671 million yuan for the first half of 2025, an increase of 66.85 million yuan compared to the same period last year, marking a 5-year consecutive growth and a year-on-year increase of 11.06% [1] - The company's net profit attributable to shareholders reached 120 million yuan, up by 31.78 million yuan from the same period last year, achieving a 3-year consecutive increase and a year-on-year growth of 36.09% [1] - The net cash flow from operating activities was -170 million yuan [1] Financial Ratios - The latest debt-to-asset ratio is 27.34%, a decrease of 1.47 percentage points from the previous quarter [3] - The latest gross profit margin is 29.62%, an increase of 3.13 percentage points compared to the same period last year [3] - The latest return on equity (ROE) is 8.82%, an increase of 2.07 percentage points year-on-year [3] Earnings Per Share - The diluted earnings per share (EPS) is 0.76 yuan, an increase of 0.20 yuan compared to the same period last year, reflecting a year-on-year growth of 35.71% [3] Asset Management - The latest total asset turnover ratio is 0.31 times [3] - The latest inventory turnover ratio is 10.75 times [3] Shareholder Structure - The number of shareholders is 12,400, with the top ten shareholders holding a total of 103 million shares, accounting for 65.69% of the total share capital [3] - The top shareholders include Yang Jianxun (26.3%), Wei Cheng (10.5%), and Fu Zhong (8.89%) among others [3]

Group 1 - The electric power concept stocks have shown localized strength, with Shimao Energy hitting the daily limit up [1] - Other companies such as Huaguang Huaneng, Shanghai Electric Power, Guang'an Aizhong, Jinfang Energy, Lianmei Holdings, and Jinko Technology also experienced gains [1]

Core Viewpoint - Jin Fang Energy reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong financial performance and growth potential in the energy sector [2] Financial Performance - The company's revenue for the first half of 2025 was approximately 671 million yuan, representing a year-on-year increase of 11.06% [2] - The net profit attributable to shareholders was around 120 million yuan, showing a year-on-year increase of 36.09% [2] - Basic earnings per share reached 0.76 yuan, which is a 35.71% increase compared to the previous year [2]

Company Overview - Jin Fang Energy announced a semi-annual distribution plan for 2025, proposing a cash dividend of 2 yuan per 10 shares (including tax), with a total cash payout of 31.36 million yuan [2] - The cash payout represents 26.17% of the company's net profit, marking the sixth cumulative cash distribution since its listing [2] Financial Performance - For the first half of 2025, Jin Fang Energy reported revenue of 671 million yuan, reflecting a year-on-year growth of 11.06% [2] - The net profit for the same period reached 120 million yuan, showing a year-on-year increase of 36.09% [2] - The basic earnings per share (EPS) stood at 0.76 yuan [2] Industry Context - Within the public utility sector, 10 companies have announced their semi-annual distribution plans for 2025, with Guodian Power leading with a cash payout of 1.784 billion yuan [3] - Jin Fang Energy's cash distribution ranks among the lower end of the spectrum in the industry, with a total payout of 31.36 million yuan [4]