北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONGKONG·广州 GUANGZHOU·西安 XI'AN·武汉 WUHAN·长沙 CHANGSHA 致：龙源电力集团股份有限公司 北京市嘉源律师事务所 关于龙源电力集团股份有限公司 向特定对象发行 A 股股票的 补充法律意见书（一） 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 根据龙源电力与本所签署的《律师服务协议》，本所担任公司本次发行的专 项法律顾问。本所已为龙源电力本次发行出具了"嘉源（2025）-01-659"号《北 京市嘉源律师事务所关于龙源电力集团股份有限公司向特定对象发行 A 股股票 的律师工作报告》、"嘉源（2025）-01-658"号《北京市嘉源律师事务所关于龙 源电力集团股份有限公司向特定对象发行 A 股股票的法律意见书》（以下合称"原 法律意见书"）。现根据深交所出具的《关于龙源电力集团股份有限公司申请向特 定对象发行股票的审核问询函》（以下简称"《审核问询函》"），本所对《审核问 询函》的有关法律问题进行核查，并出具本补充法律意见书。 本所仅就与本次发行有关的法律问题发表意见，并不对有关审计 ...

龙源电力集团股份有限公司（以下简称"公司"）于近日收到深圳证券交 易所（以下简称"深交所"）上市审核中心出具的《关于龙源电力集团股份有 限公司申请向特定对象发行股票的审核问询函》（审核函〔2026〕120005 号） （以下简称"《问询函》"）。深交所上市审核中心对公司向特定对象发行股 票申请文件进行了审核，并形成了问询问题。 龙源电力集团股份有限公司 关于向特定对象发行 A 股股票的审核问询函回复及募集说明书等 公司已会同相关中介机构对《问询函》所列问题进行了逐项说明和回复， 同时对募集说明书等申请文件的内容进行了更新，具体内容详见公司同日在巨 潮资讯网披露的相关公告文件。 证券代码：001289 证券简称：龙源电力 公告编号：2026-008 公司本次向特定对象发行股票事项尚需深交所审核通过，并获得中国证券 监督管理委员会（以下简称"中国证监会"）同意注册后方可实施，最终能否 通过深交所审核，并获得中国证监会作出同意注册的决定及其时间尚存在不确 定性。公司将根据上述事项进展情况，严格按照有关法律法规的规定和要求及 时履行信息披露义务，敬请广大投资者注意投资风险。 申请文件更新的提示性公告 本公司及董事会全 ...

关于龙源电力集团股份有限公司向特定对象发行股票的审核问询函的回复 关于龙源电力集团股份有限公司 向特定对象发行股票的审核问询函的回复 众环专字(2026)0200316 号 深圳证券交易所： 根据贵所于 2026 年 1 月 22 日出具的《关于龙源电力集团股份有限公司申请 向特定对象发行股票的审核问询函》（审核函〔2026〕120005 号） （以下称"问 询函"）相关问题的要求，中审众环会计师事务所（特殊普通合伙）（以下简称 "申报会计师"、"本所"或"我们"）作为龙源电力集团股份有限公司（以下 简称"龙源电力"、"发行人"或"公司"）向特定对象发行股票的申报会计师， 对审核问询函中需要申报会计师说明或发表意见的问题进行了认真的核查，现将 有关问题的核查情况和核查意见回复如下： 注 1：本所对发行人 2023 年度及 2024 年度财务报表进行审计并分别出具了 标准无保留意见的审计报告[众环审字(2024)0200896 号、众环审字(2025)0201249 号]。 注 2：本所未对发行人 2025 年 1-9 月、2022 年期间的财务报表出具审计或 审阅报告，仅针对本次问询函中需要申报会计师说明或发 ...

来源：新浪证券-红岸工作室 2月9日，龙源电力涨0.45%，成交额5821.02万元。两融数据显示，当日龙源电力获融资买入额285.12万 元，融资偿还282.52万元，融资净买入2.60万元。截至2月9日，龙源电力融资融券余额合计8522.00万 元。 融资方面，龙源电力当日融资买入285.12万元。当前融资余额8517.33万元，占流通市值的0.11%，融资 余额超过近一年50%分位水平，处于较高位。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不构成个人投资建议。如有出入请以实际公告为准。如有疑问，请联系 biz@staff.sina.com.cn。 资料显示，龙源电力集团股份有限公司位于北京市西城区阜成门北大街6号(c幢)20层2006室,香港铜锣湾 希慎道33号利园1期19楼1917室，成立日期1993年1月27日，上市日期2022年1月24日，公司主营业务涉 及电力系统及电气设备的技术改造、技术服务和生产维修;与电力相关的新技术、新设备、新材料、新 工艺的研制、开发、生产、成果转让;电站污染物治理;风力发电、节能技术及其他新能 ...

Investment Rating - The report maintains a positive outlook on the carbon trading market and related sectors, indicating a favorable investment environment for companies involved in power generation and environmental protection [2][9]. Core Insights - The carbon market in China is expanding, with a cumulative trading volume of 865 million tons and a total transaction value of 57.663 billion yuan as of December 31, 2025. The trading volume for the year increased by approximately 24% year-on-year, although the average transaction price fell by 19.23% to 62.36 yuan per ton [2][6]. - The report highlights the government's commitment to carbon reduction, transitioning from energy control to carbon control, which is expected to create investment opportunities in the environmental sector [9]. - Natural gas prices have decreased due to a combination of supply-demand dynamics and seasonal factors, with significant price drops observed in various markets, including a 39.20% decrease in the Henry Hub spot price [2][12]. Summary by Sections 1. Power Sector - The carbon trading market is projected to continue expanding, with key emission units increasing awareness of carbon reduction. The number of units under management reached 3,378, with significant representation from the power, steel, cement, and aluminum industries [2][6]. - Recommendations for investment include companies with stable revenue sources such as Guodian Power, Inner Mongolia Huadian, and China Huaneng, which benefit from diversified income streams [9][11]. 2. Natural Gas Sector - Natural gas prices have seen a significant decline, with the Henry Hub spot price at $4.37/mmBtu, reflecting a 39.20% week-on-week drop. The report notes that the supply-demand balance is improving, contributing to this price decrease [2][12]. - Investment recommendations include companies like Kunlun Energy and New Hope Energy, which are expected to benefit from lower upstream resource costs and improved sales volumes [34][35]. 3. Market Performance Review - The report indicates that the power equipment and gas sectors outperformed the broader market during the review period from February 2 to February 6, 2026 [37]. 4. Company and Industry Dynamics - Recent regulatory updates include the National Development and Reform Commission's notification on improving the capacity pricing mechanism for coal and gas power generation, which aims to enhance revenue recovery for power plants [39][40]. - Key company announcements include performance forecasts from major players like Datang Power and Shanghai Electric, indicating significant year-on-year profit growth [41]. 5. Valuation Tables - The report provides valuation metrics for key companies in the utility sector, with several companies rated as "Buy," indicating strong growth potential and favorable market conditions [43][44].

截至9月30日，龙源电力股东户数3.42万，较上期减少16.42%；人均流通股0股，较上期增加0.00%。 2025年1月-9月，龙源电力实现营业收入222.21亿元，同比减少15.67%；归母净利润43.93亿元，同比减 少19.76%。 分红方面，龙源电力A股上市后累计派现68.14亿元。近三年，累计派现55.82亿元。 机构持仓方面，截止2025年9月30日，龙源电力十大流通股东中，香港中央结算有限公司位居第五大流 通股东，持股305.39万股，相比上期减少81.99万股。华泰柏瑞沪深300ETF（510300）位居第七大流通 股东，持股269.01万股，持股数量较上期不变。易方达沪深300ETF（510310）位居第九大流通股东， 持股186.07万股，相比上期减少7.82万股。华夏沪深300ETF（510330）位居第十大流通股东，持股 138.91万股，相比上期减少2.35万股。交银国企改革灵活配置混合A（519756）、嘉实沪深300ETF （159919）退出十大流通股东之列。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考， ...

Investment Rating - The report maintains a "Positive" investment rating for the utility sector, indicating a favorable outlook for investment opportunities in this industry [7]. Core Insights - Electricity demand is expected to grow steadily, while the growth rate of new energy installations is anticipated to slow down. The China Electricity Council predicts that the national electricity consumption for 2026 will be between 10.9 to 11.0 trillion kilowatt-hours, representing a year-on-year increase of 5% to 6% [7]. - The report highlights that the overall balance of electricity supply and demand in 2026 is expected to improve, with a reduction in the risk of electricity shortages. The growth rate of new energy installations is projected to decelerate [7]. - The report suggests that the performance expectations for the utility sector have reached a low point, making low-priced utility assets worth considering for investment [7]. Summary by Sections Electricity Demand and Supply - The report forecasts that the total installed power generation capacity will exceed 400 million kilowatts in 2026, with new energy installations expected to surpass 300 million kilowatts [7]. - The electricity supply-demand situation is projected to be generally balanced, with some regions experiencing tighter balances during peak summer and winter periods [7]. Coal Prices and Inventory - Port coal prices have seen a slight increase, while inventory levels have decreased. The report notes that the port coal price for Q5500 grade coal was 695 RMB/ton, reflecting a week-on-week increase of 0.4% [19]. - The report indicates that coal inventory at major ports has decreased by 5.5% week-on-week, with power plant coal consumption also declining by 12% [28]. Performance of Utility Sector - The utility sector index outperformed the broader market indices, with a 0.2% increase compared to a 1.3% decline in the CSI 300 index [38]. - The report identifies specific stocks within the utility sector that are recommended for investment, including JianTou Energy and Huadian International, among others [7]. Water Resource Management - The report notes a slight decrease in the outflow from the Three Gorges Reservoir, with the average outflow for the week being 8,091 cubic meters per second, which is a 9.8% decrease week-on-week [31].

来源：金综科技 特别声明：以上内容仅代表作者本人的观点或立场，不代表新浪财经头条的观点或立场。如因作品内 容、版权或其他问题需要与新浪财经头条联系的，请于上述内容发布后的30天内进行。 2月6日，龙源电力公告，2026年1月按合并报表口径完成发电量716.27万兆瓦时，较2025年同期同比增 长12.05%。 本月风电发电量同比增长8.11%，太阳能发电量同比增长42.25%。 ...

Group 1 - The core point of the article is that Longyuan Power (001289.SZ) reported a significant increase in power generation, achieving 7.16 million MWh in January 2026, which represents a year-on-year growth of 12.05% compared to January 2025 [1] - In January 2026, the wind power generation increased by 8.11% year-on-year [1] - Solar power generation saw a substantial increase of 42.25% year-on-year in January 2026 [1]

智通财经APP讯，龙源电力(001289.SZ)披露2026年1月发电量数据，公司2026年1月按合并报表口径完成 发电量7,162,732兆瓦时，较2025年同期同比增长12.05%。本月风电发电量同比增长8.11%，太阳能发电 量同比增长42.25%。 ...