黔源电力公告，预计2025年前三季度净利润为4.51亿元，比上年同期的2.65亿元增长70%-100%。公司 2025年前三季度来水较上年同期偏多23.6%，发电量为79.24亿千瓦时，同比上升50.09%，使发电收入及 利润增加。 ...

Core Viewpoint - Qianyuan Power's shareholder count has decreased for the fifth consecutive period, indicating a potential trend in investor sentiment and ownership dynamics [2] Group 1: Shareholder Information - As of September 30, the number of shareholders for Qianyuan Power was 14,654, a decrease of 871 from the previous period (September 20), representing a decline of 5.61% [2] - This marks the fifth consecutive decline in the number of shareholders for the company [2] Group 2: Stock Performance - Qianyuan Power's closing price was 17.20 yuan, reflecting an increase of 2.20%, with a cumulative increase of 5.37% since the concentration of shares began [2] - The stock experienced six days of increases and two days of decreases during the reporting period [2] Group 3: Financial Performance - For the first half of the year, Qianyuan Power reported total revenue of 883 million yuan, representing a year-on-year growth of 1.23% [2] - The net profit for the same period was 127 million yuan, showing a year-on-year decline of 4.54% [2] - The basic earnings per share were 0.2974 yuan, with a weighted average return on equity of 3.20% [2]

Group 1 - The core viewpoint of the news is that Qianyuan Power's stock has shown positive performance, with a year-to-date increase of 14.64% and a recent rise of 6.07% over the last five trading days [1] - As of September 26, Qianyuan Power's stock price reached 17.31 CNY per share, with a market capitalization of 7.401 billion CNY [1] - The company primarily engages in hydropower generation, accounting for 87.60% of its revenue, followed by photovoltaic power generation at 12.01% [1] Group 2 - As of September 19, the number of Qianyuan Power shareholders decreased by 3.64% to 15,500, while the average circulating shares per person increased by 3.78% to 27,539 shares [2] - For the first half of 2025, Qianyuan Power reported a revenue of 883 million CNY, reflecting a year-on-year growth of 1.23%, while the net profit attributable to shareholders decreased by 4.54% to 127 million CNY [2] - Since its A-share listing, Qianyuan Power has distributed a total of 1.317 billion CNY in dividends, with 321 million CNY distributed over the past three years [2]

证券日报网讯黔源电力（002039）9月22日在互动平台回答投资者提问时表示，截至2025年9月19日，公 司股东户数为15，525户。 ...

Group 1 - The core viewpoint of the news is the performance and financial status of Qianyuan Power, highlighting its stock price movements and financial results [1][2] - As of September 23, Qianyuan Power's stock price increased by 2.30% to 16.91 CNY per share, with a market capitalization of 7.23 billion CNY [1] - The company has seen a year-to-date stock price increase of 11.25%, with recent trading days showing gains of 3.87% over the last 5 days, 4.90% over the last 20 days, and 4.45% over the last 60 days [1] Group 2 - Qianyuan Power's main business involves electricity supply, with revenue composition being 87.60% from hydropower generation, 12.01% from photovoltaic power generation, and 0.39% from other sources [1] - As of September 19, the number of shareholders for Qianyuan Power was 15,500, a decrease of 3.64% from the previous period, while the average circulating shares per person increased by 3.78% to 27,539 shares [2] - For the first half of 2025, Qianyuan Power reported operating revenue of 883 million CNY, a year-on-year increase of 1.23%, while net profit attributable to shareholders decreased by 4.54% to 127 million CNY [2]

Group 1 - The company Qianyuan Electric Power announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 1.00 yuan (including tax) for every 10 shares held [1] - The total share capital used as the basis for the distribution is 427,558,126 shares [1] - The record date for shareholders to receive the dividend is set for September 25, 2025, with the ex-dividend date on September 26, 2025 [1]

1.公司于2025年5月9日召开2024年度股东大会，审议通过了《关于2024年度 利润分配预案及2025年中期现金分红规划的议案》，授权董事会在公司满足现金 分红条件，且不影响公司正常经营和持续发展的情况下，结合未分配利润与当期 业绩等因素综合考虑，制定2025年具体的中期分红方案。 2.公司于2025年8月27日召开第十届董事会第二十六次会议、第十届监事会 第十五次会议，审议通过了《关于2025年半年度利润分配方案的议案》，具体方 案为：以2025年6月30日总股本427,558,126股为基数，向全体股东每10股派发现 金红利1.00元（含税），共计派发现金红利42,755,812.60元（含税），不送红 股，不以资本公积金转增股本。如权益分派股权登记日前公司股本发生变动的， 将按照分配总额不变的原则对分配比例进行调整。 3.自分配方案披露至实施期间，公司总股本未发生变化。 4.本次实施的利润分配方案符合2024年度股东大会授权要求，且与董事会审 议通过的分配方案一致。 证券代码：002039 证券简称：黔源电力 公告编号：2025-044 贵州黔源电力股份有限公司 2025 年半年度权益分派实施公告 ...

Core Viewpoint - Guizhou Qianyuan Power Co., Ltd. announced the implementation of the 2025 interim dividend distribution plan, which includes a cash dividend of 1 yuan per 10 shares for shareholders [1] Summary by Relevant Sections - **Dividend Distribution Details** - The total share capital as of June 30 is 427,558,126 shares, resulting in a total cash dividend payout of 42,755,812.6 yuan [1] - The dividend will be distributed without any stock bonus or capital increase [1] - **Key Dates** - The record date for shareholders is September 25, and the ex-dividend date is September 26 [1] - Cash dividends for A-share shareholders will be credited to their accounts on September 26 [1]

Group 1: Report Overview - Report research company: Qianyuan Power [16] - Industry: Power industry [2] - Research date: September 12, 2025 [16] Group 2: Research Details 1. Research Basic Information - Research object: Qianyuan Power [16] - Industry: Power industry [16] - Reception time: September 12, 2025 [16] - Reception personnel: Host, Yang Yan (Chairman), Dai Jianwei (General Manager), Jin Dong (Financial Officer), Wang Bo (Secretary of the Board), Wang Guan (Independent Director) [16] 2. Detailed Research Institutions - Reception object: All investors [19] - Reception object type: Others [19] - Reception method: Network remote [19] 3. Main Content - **Investment in photovoltaic power stations**: The company focuses on the "One Profit and Five Ratios" target, aiming to increase power generation, improve defect elimination efficiency, reduce light abandonment rate, and enhance project benefits [23] - **Financing cost**: The company's financing cost difference is related to debt term structure, financing timing, and funds usage. Measures are being taken to reduce costs, and new financing rates decreased significantly in 2024 [23] - **Employee salary**: The company's salary level is determined by considering business structure, industry attributes, and regional development [25] - **Hydropower station dispatch and power generation**: Information on the third - quarter production and operation will be disclosed in the 2025 Q3 report [25]

Group 1: Financial Performance - The company's financing interest rate has decreased from over 5% to around 3%, indicating a positive trend in cost reduction [3] - However, the company's current financing rate is significantly higher than industry peers, with a 2024 rate projected to be above 3.5%, compared to competitors' rates below 3% [3] - The company is implementing measures such as debt replacement and optimizing financing terms to reduce costs and improve funding efficiency [3] Group 2: Operational Efficiency - The company focuses on the "one benefit, five rates" strategy to enhance project efficiency by increasing electricity generation and reducing abandonment rates [3] - The production and operational information for Q3 will be disclosed in the company's Q3 2025 report [4] Group 3: Employee Compensation - Employee salaries have been consistently rising, surpassing the growth rate of the broader society; the company considers various factors in determining compensation levels [3]