证券代码：001896 证券简称：豫能控股 公告编号：临 2025-61 河南豫能控股股份有限公司 关于收到超短期融资券、中期票据《接受注册通知书》 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。 2025 年 11 月 7 日，公司收到交易商协会核发的中市协注〔2025〕SCP327 号 《接受注册通知书》、中市协注〔2025〕MTN1068 号《接受注册通知书》，协 会接受公司超短期融资券注册金额为人民币 15 亿元、中期票据注册金额为人民 币 15 亿元，注册额度自通知书落款之日起 2 年内有效。由上海浦东发展银行股 份有限公司、招商银行股份有限公司、兴业银行股份有限公司、中国光大银行股 份有限公司、中信证券股份有限公司、国泰海通证券股份有限公司、中信建投证 券股份有限公司、中国民生银行股份有限公司、光大证券股份有限公司、中信银 行股份有限公司、中国国际金融股份有限公司、郑州银行股份有限公司、中国建 设银行股份有限公司、中国银河证券股份有限公司、交通银行股份有限公司、浙 商银行股份有限公司、华夏银行股份有限公司、国家开发银行和中原银行股份有 限公 ...

Core Viewpoint - YN Holdings experienced a 5.18% increase in stock price, reaching 6.29 CNY per share, with a trading volume of 196 million CNY and a turnover rate of 2.11%, resulting in a total market capitalization of 9.597 billion CNY [1] Company Overview - YN Holdings, established on November 25, 1997, and listed on January 22, 1998, is located in Zhengzhou, Henan Province, China [1] - The company's main business involves power generation, with revenue composition as follows: thermal power and heating 90.26%, coal sales and transportation 3.60%, wind power 2.51%, other sources 2.43%, and solar power 1.19% [1] Shareholder Information - Among the top ten circulating shareholders of YN Holdings, a fund under GF Fund ranks first, specifically the GF CSI All Share Power ETF (159611), which increased its holdings by 174,900 shares in the third quarter, totaling 2.7207 million shares, representing 0.18% of circulating shares [2] - The GF CSI All Share Power ETF was established on December 29, 2021, with a current scale of 3.627 billion CNY and has achieved a year-to-date return of 8.03%, ranking 3722 out of 4216 in its category [2] Fund Management - The fund manager of GF CSI All Share Power ETF is Lu Zhiming, who has a cumulative tenure of 14 years and 160 days, managing total assets of 24.063 billion CNY [3] - During his tenure, the best fund return was 119.61%, while the worst was -63.28% [3]

Market Performance - The Henan state-owned enterprise reform sector rose by 3.16% compared to the previous trading day, with Rongke Technology leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Individual Stock Performance - Rongke Technology (300290) closed at 29.69, with a significant increase of 12.04%, trading volume of 709,800 shares, and a transaction value of 2.072 billion [1] - Other notable performers included: - Biaojian Co. (002431) with a closing price of 2.76, up 9.96% [1] - Ankai High-Tech (600207) at 6.07, up 5.75% [1] - Shenhuo Co. (000933) at 26.14, up 5.70% [1] Capital Flow Analysis - The Henan state-owned enterprise reform sector experienced a net outflow of 104 million from institutional investors, while retail investors saw a net inflow of 87.89 million [2] - The sector's overall capital flow indicates a mixed sentiment among different investor types [2] Detailed Capital Flow for Selected Stocks - Biaojian Co. (002431) had a net inflow of 86.30 million from institutional investors, but a net outflow of 45.69 million from speculative funds [3] - Sichuan Jinding (600678) saw a net inflow of 41.59 million from institutional investors, with a net outflow of 8.52 million from speculative funds [3] - Other stocks like New乡化纤 (000949) and 合众思壮 (002383) also showed varied capital flows, indicating differing investor confidence [3]

Core Insights - The launch of the container service by YN Energy Holdings marks the official opening of the "Yulu Convenient Sea Passage" intermodal logistics project, enhancing logistics connectivity between Henan and the eastern coastal regions [1][2] - The project is expected to significantly improve the logistics landscape in the region, reducing overall logistics costs and transportation time for exports [2] Group 1: Logistics Development - A container train carrying 3,100 tons of chemical coal has departed from the Henan Coal Storage and Distribution Trading Center, establishing a new logistics link [1] - The intermodal operation at Shandong Port has seen a 53.3% year-on-year increase, with 114,000 TEUs handled in the first three quarters of 2025 [1] - The logistics channel focuses on iron ore transportation between Rizhao Port and Hebi Shifeng Station, with an expected annual shipment volume of 360,000 tons [1] Group 2: Infrastructure and Capacity - The Henan Coal Storage and Distribution Trading Center has established two coal storage bases with a static storage capacity of 2.25 million tons and an annual dispatch capacity of 20 million tons [1] - The integration of the Wazhi Railway and Jingguang Railway enhances the logistics capabilities, creating a new "inland storage—railway direct—port export" logistics channel [2] - The container business will focus on heavy goods such as premium coal, minerals, steel, cement clinker, and high-value-added chemical products, promoting versatile logistics solutions [2]

Core Viewpoint - YN Holdings reported a decline in revenue for the first three quarters of 2025, but showed growth in the third quarter, indicating a potential recovery trend in the energy sector [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved operating revenue of 8.666 billion yuan, a year-on-year decrease of 7.71% [1]. - The net profit attributable to shareholders for the same period was 288 million yuan [1]. - In the third quarter, the company recorded operating revenue of 3.382 billion yuan, reflecting a year-on-year increase of 3.98%, with a net profit of 185 million yuan [1]. Business Development - YN Holdings is focused on the energy sector, integrating thermal power generation, renewable energy, pumped storage, coal trading logistics, and comprehensive energy services [1]. - The company has a high capacity ratio of 600MW large-capacity, high-efficiency, environmentally friendly units, exceeding national and provincial averages [1]. Renewable Energy Initiatives - The company is actively working towards the "30.60" carbon peak and carbon neutrality goals by increasing its renewable energy generation capacity [2]. - As of the reporting period, the company had 730.09MW of operational renewable energy capacity, including 366MW from wind, 30MW from biomass, and 334.09MW from solar [2]. - Several projects, including a 400MW wind project and a 1300MW pumped storage project, are under construction [2]. Project Adjustments - On October 27, 2025, the company decided to terminate the investment in 17 distributed photovoltaic projects due to various factors affecting their feasibility [2][3]. - The terminated projects include the liquefied natural gas emergency reserve center and several rooftop solar projects, which were not initiated by the announcement date [2]. - The decision to terminate these projects aligns with the company's focus on large-scale renewable energy development and is not expected to significantly impact its financial status or operational results [3].

Group 1 - The core point of the article is that YN Holding reported its Q3 2025 financial results, showing a revenue increase and a significant rise in net profit [2] - The company achieved a revenue of 3,382,178,735.08 yuan in Q3 2025, representing a year-on-year growth of 3.98% [2] - The net profit attributable to shareholders of the listed company was 184,527,493.67 yuan, reflecting a substantial year-on-year increase of 497.28% [2]

Major Events - *ST Zhengping's stock will be suspended for investigation starting October 29, 2025, due to a significant price increase of 152.42% from September 1 to October 28, 2025, with 21 days of trading halts and 5 instances of abnormal trading fluctuations [2] - Gongjin Co. announced that its major shareholder is planning a share transfer that may lead to a change in control, resulting in the stock being suspended from October 27, 2025, for up to 3 trading days [2] - Jiuquan Technology's wholly-owned subsidiary plans to invest 150 million yuan in establishing an industrial fund focused on chips and integrated circuits [2] Company Announcements - YN Holdings decided to terminate investment in 17 distributed photovoltaic projects originally planned for a total investment of 1.197 billion yuan due to changes in market conditions [3] - Awan New Materials announced a one-day stock suspension on October 29, 2025, due to a tender offer from Shanghai Zhiyuan Hengyue Technology Partnership, aiming to acquire 149,243,840 shares at 7.78 yuan per share [4] - Dahua Intelligent clarified that it currently has no business related to quantum technology despite market speculation [5] Financial Performance - Ganfeng Lithium reported a net profit of 557 million yuan for Q3 2025, a year-on-year increase of 364.02%, with revenues of 6.249 billion yuan, up 44.10% [6] - Light Media's net profit for Q3 2025 reached 1.06 billion yuan, a 993.71% increase, with revenues of 374 million yuan, up 247.54% [6] - Hainan Airport reported a net profit of 64.35 million yuan for the first three quarters of 2025, a decline of 69.77% [7] - Su Li Co. achieved a net profit of 59.42 million yuan in Q3 2025, a 2750% increase, with revenues of 762 million yuan, up 26% [7] - Yutong Bus reported a net profit of 1.357 billion yuan for Q3 2025, a 78.98% increase, with revenues of 10.237 billion yuan, up 32.27% [9] Share Buybacks - Haida Group plans to repurchase shares worth between 1 billion to 1.6 billion yuan for capital reduction and employee stock ownership plans, with a maximum price of 62 yuan per share [20] - Liyuan Information intends to repurchase shares totaling 20 million to 30 million yuan, with a maximum price of 15 yuan per share [21] Major Contracts - Baiao Intelligent won a project worth 97.22 million yuan from a large state-owned company [22] - Guangdong Construction signed a construction contract worth 1.924 billion yuan for a project in Guangzhou, which will enhance its business scale and profitability [22] - Guangqi Technology's subsidiary signed contracts for mass production of metamaterials worth a total of 215 million yuan [23]

Core Insights - The company reported a revenue of 8.666 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 7.71% [1] - The net profit attributable to shareholders of the listed company was 288 million yuan, showing a significant year-on-year increase of 422.12% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 281 million yuan, reflecting a year-on-year growth of 333.57% [1]

Core Viewpoint - The news summarizes important announcements from various companies, highlighting stock suspensions, significant profit growth, and major contracts signed, which may present investment opportunities and insights into market trends [1][2]. Stock Suspensions - *ST Zhengping announced that its stock will be suspended from trading starting October 29, 2025, due to a significant price increase of 152.42% from September 1 to October 28, 2025, and abnormal trading fluctuations [3]. - Gongjin Co. announced a stock suspension starting October 27, 2025, due to the major shareholder planning a share transfer that may lead to a change in control [4]. Investment Activities - Juyuan Technology's subsidiary plans to invest 150 million yuan in establishing an industrial fund focused on chips, integrated circuits, and other high-growth sectors [5]. - YN Holdings decided to terminate investments in 17 distributed photovoltaic projects, originally planned to cost 1.197 billion yuan, due to changes in market conditions [6]. Earnings Reports - Suliy Co. reported a 2750% increase in net profit for Q3 2025, with revenue of 762 million yuan, up 26% year-on-year [8]. - Xianda Co. reported a net profit of 59.85 million yuan for Q3 2025, a 5447% increase, despite a 5.59% decline in revenue [9]. - Yutong Bus reported a net profit of 1.357 billion yuan for Q3 2025, a 78.98% increase, with revenue of 10.237 billion yuan, up 32.27% [10]. - Juxin Technology reported a net profit of 60.27 million yuan for Q3 2025, a 101.09% increase, with revenue of 273 million yuan, up 46.64% [11]. - Guanghong Technology reported a net profit of 99.61 million yuan for Q3 2025, a 99.68% increase, with revenue of 2.937 billion yuan, up 57.46% [12]. - Mingzhi Electric reported a net profit of 22.88 million yuan for Q3 2025, a 215.97% increase, with revenue of 729 million yuan, up 28.98% [13]. - Zhongwei Semiconductor reported a net profit of 65.82 million yuan for Q3 2025, a 3.66% decrease, with revenue of 269 million yuan, up 21.88% [14]. - Yiming Pharmaceutical reported a net profit of 44.21 million yuan for Q3 2025, a 1934.12% increase, with revenue of 178 million yuan, up 10.37% [15]. - Weilan Bio reported a net profit of 35.06 million yuan for Q3 2025, a 205.02% increase, with revenue of 364 million yuan, up 8.09% [16]. - Baiyunshan reported a net profit of 794 million yuan for Q3 2025, a 30.28% increase, with revenue of 19.771 billion yuan, up 9.74% [17]. - Giant Network reported a net profit of 640 million yuan for Q3 2025, an 81.19% increase, with revenue of 1.706 billion yuan, up 115.63% [18]. Share Buybacks - Haida Group announced a plan to repurchase shares worth between 1 billion and 1.6 billion yuan, aimed at reducing registered capital and implementing employee stock ownership plans [20]. Major Contracts - Bai'ao Intelligent announced it won a project worth 97.22 million yuan from a large state-owned company [22]. - Guangdong Construction signed a construction contract worth 1.924 billion yuan for a project in Guangzhou, with a duration of 1365 days [23][24].

关于计提和转回资产减值准备及核销资产的公告 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。 河南豫能控股股份有限公司（以下简称"公司"）于 2025 年 10 月 27 日先后 召开董事会审计委员会会议、第九届董事会第二十九次会议，审议通过了《关于 计提和转回资产减值准备及核销资产的议案》。现将具体内容公告如下： 证券代码：001896 证券简称：豫能控股 公告编号：临 2025-58 河南豫能控股股份有限公司 四、董事会审计委员会意见 1 本次计提和转回资产减值准备及核销资产符合《企业会计准则》等相关规 定和公司资产实际情况，具有合理性，不存在损害公司及全体股东特别是中小股 东利益的情况，同意本次计提和转回资产减值准备及核销资产，并提交董事会审 议批准。 五、董事会意见 一、计提和转回资产减值准备情况 为真实反映公司的财务状况、资产价值及经营成果，基于谨慎性原则，根据 《企业会计准则》《深圳证券交易所股票上市规则》及公司会计政策、会计估计 等相关规定，公司对截至 2025 年 9 月 30 日合并报表范围内存在减值迹象的资产 进行了减值测试。 结合款项实际回 ...