证券日报网讯云南能投（002053）11月14日在互动平台回答投资者提问时表示，公司2025年第五次临时 股东会将于2025年11月14日以现场表决与网络投票相结合的方式召开，现场会议地点为云南省昆明市春 城路276号公司四楼会议室，于股权登记日(2025年11月11日)下午收市时在结算公司登记在册的公司全 体股东均有权出席股东会。符合条件的个人股东持股东账户卡、身份证办理登记手续。 ...

Core Viewpoint - Yunnan Energy Investment Co., Ltd. has shown a significant increase in stock price and trading activity, indicating potential investor interest despite a decline in revenue and net profit for the year [1][2]. Group 1: Stock Performance - As of November 12, Yunnan Energy's stock price increased by 2.66% to 13.90 CNY per share, with a trading volume of 1.91 billion CNY and a turnover rate of 1.52%, resulting in a total market capitalization of 12.798 billion CNY [1]. - Year-to-date, the stock price has risen by 25.56%, with a 13.28% increase over the last five trading days, a 10.67% increase over the last 20 days, and a 28.94% increase over the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Yunnan Energy reported a revenue of 1.923 billion CNY, a year-on-year decrease of 25.54%, and a net profit attributable to shareholders of 227 million CNY, down 60.12% year-on-year [2]. - The company has distributed a total of 909 million CNY in dividends since its A-share listing, with 497 million CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of October 20, the number of shareholders for Yunnan Energy increased to 25,400, a rise of 0.92%, while the average circulating shares per person decreased by 0.92% to 36,214 shares [2]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the sixth-largest circulating shareholder, holding 6.598 million shares, an increase of 2.0369 million shares from the previous period [3]. Group 4: Business Overview - Yunnan Energy's main business activities include the production and sale of salt and related products, natural gas project development, construction, sales, and wind power generation [1]. - The revenue composition of the company is as follows: wind power 37.91%, salt and nitrate products 31.62%, natural gas 25.57%, photovoltaic power generation 2.85%, and others 2.05% [1].

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。 云南能源投资股份有限公司（以下简称"公司"）董事会 2025 年第十次临时会议决定于 2025 年 11 月 14 日召开公司 2025 年第五次临时股东会，公司于 2025 年 10 月 29 日在《证券时报》《中国证券报》 和巨潮资讯网（http://www.cninfo.com.cn）上刊登了《关于召开 2025 年第五次临时股东会的通知》（公 告编号：2025-137）。本次股东会以现场表决与网络投票相结合的方式召开，现将有关事项提示如下： 一、召开会议的基本情况 1、股东会届次：2025 年第五次临时股东会 2、股东会的召集人：董事会 证券代码：002053 证券简称：云南能投 公告编号：2025-141 云南能源投资股份有限公司 关于召开 2025 年第五次临时股东会的提示性公告 2025 年 10 月 27 日，公司董事会 2025 年第十次临时会议以 9 票同意，0 票反对，0 票弃权，通过了 《关于召开公司 2025 年第五次临时股东会的议案》，决定于 2025 年 11 月 14 日以现场表决 ...

Market Overview - The electricity sector experienced a slight increase of 0.02% on the trading day, with TuoRi New Energy leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down by 0.39%, while the Shenzhen Component Index closed at 13289.0, down by 1.03% [1] Top Gainers in the Electricity Sector - TuoRi New Energy (002218) closed at 4.35, up by 10.13% with a trading volume of 501,400 shares and a transaction value of 215 million [1] - Hengsheng Energy (605580) closed at 44.72, up by 10.01% with a trading volume of 157,700 shares and a transaction value of 671 million [1] - Huami Environmental Energy (600475) closed at 19.15, up by 9.99% with a trading volume of 357,800 shares and a transaction value of 662 million [1] - Yunnan Energy Investment (002053) closed at 13.54, up by 9.99% with a trading volume of 290,700 shares and a transaction value of 381 million [1] Top Losers in the Electricity Sector - Mindong Electric Power (000993) closed at 14.48, down by 5.30% with a trading volume of 1,052,300 shares and a transaction value of 1.621 billion [2] - Zhaoxin Co., Ltd. (002256) closed at 3.61, down by 3.22% with a trading volume of 3,035,200 shares and a transaction value of 1.102 billion [2] - Xinzhu Co., Ltd. (002480) closed at 6.84, down by 2.98% with a trading volume of 331,900 shares and a transaction value of 229 million [2] Capital Flow Analysis - The electricity sector saw a net outflow of 1.044 billion from institutional investors, while retail investors contributed a net inflow of 1.17 billion [2] - The capital flow for individual stocks indicates varying levels of institutional and retail participation, with some stocks experiencing significant net inflows from retail investors [3]

Group 1 - The core viewpoint of the news is the significant rise in power equipment stocks, indicating a positive trend in the sector [1] Group 2 - Zhonglai Co., Ltd. experienced a 20% limit-up increase in stock price [1] - Haibo Sichuang's stock rose over 11% [1] - Jixin Technology's stock increased by more than 7% [1] - Yunnan Energy Investment, Yijing Photovoltaic, and Kuake Electronics all saw stock price increases of over 6% [1] - Yema Battery, Shangen Electric, and Penghui Energy experienced stock price rises of over 5% [1]

Core Viewpoint - The A-share market for power equipment stocks has seen a collective surge, driven by new government guidelines aimed at promoting renewable energy consumption and regulation, with significant price increases observed in various companies [1] Group 1: Market Performance - Zhonglai Co., Ltd. reached a 20% limit up, while Haibo Technology surged over 11% [1] - Other notable performers include Tuori New Energy, GCL-Poly Energy, and Jincheng Co., Ltd., all hitting the 10% limit up [1] - Yunnan Energy Investment, Yijing Optoelectronics, and Kuaike Electronics saw increases of over 6% [1] Group 2: Government Guidelines - The National Development and Reform Commission and the National Energy Administration released guidelines to enhance renewable energy consumption and regulation [1] - By 2030, a multi-level renewable energy consumption regulation system is expected to be established, ensuring smooth grid connection and efficient operation of renewable energy [1] - The guidelines aim to meet an annual demand for 200 million kilowatts of new renewable energy consumption, supporting carbon peak goals [1] - By 2035, a new power system compatible with high proportions of renewable energy is anticipated to be in place [1]

Core Viewpoint - Compressed air energy storage (CAES) is experiencing a new wave of investment and development, driven by increasing demand for long-duration energy storage solutions and supportive government policies [6][14][20]. Investment Projects - Yunnan Energy Investment announced an investment of 1.872 billion yuan to build a 350MW CAES demonstration project in Kunming, which is expected to have a post-tax internal rate of return of 5.5% and a payback period of 17.91 years [6][10][20]. - The project will utilize retired salt caverns for energy storage and is expected to enhance grid stability and accommodate large-scale renewable energy integration in Yunnan [10][12]. National Trends - There is a nationwide trend of increasing CAES projects, with several large-scale projects entering implementation phases in October alone, indicating a growing interest in this technology [8][12]. - By the end of 2024, the newly signed CAES projects in China are expected to reach a scale of 6.8GW, representing a year-on-year growth of 21% [12]. Market Demand - The demand for long-duration energy storage is rising, as evidenced by the average storage duration of new energy storage projects increasing from 2.3 hours to 2.6 hours [14][16]. - The National Energy Administration's "Blue Book" outlines a strategic focus on long-duration storage technologies, including CAES, to meet future energy system balancing needs [14][16]. Economic Viability - The economic viability of CAES has improved significantly, with Yunnan Energy Investment's project demonstrating commercial investment potential [19][20]. - Comparatively, the internal rate of return for CAES projects is becoming competitive with other storage technologies, such as pumped hydro storage [19][20]. Geographical Considerations - The geographical limitations for CAES development, primarily the need for suitable storage sites, are being addressed through technological advancements [21]. - Recent innovations include the use of abandoned oil and gas fields for CAES, which could further enhance the commercial viability of this technology [21].

Overview - Yunnan Energy Investment Co., Ltd. has approved the acquisition of 100% equity in several wholly-owned subsidiaries, including Huaping Yuneng New Energy Co., Ltd., Yongsheng Yuneng New Energy Co., Ltd., Fuyuan Yuneng New Energy Co., Ltd., Yunnan Salt Industry Yanshan Co., Ltd., and Huize Yuneng Clean Energy Co., Ltd. [2] Progress - Huaping Yuneng New Energy Co., Ltd. has completed the industrial and commercial registration change and is now a wholly-owned subsidiary of the company, with a registered capital of 1 million yuan and established on September 13, 2018 [3] - Yongsheng Yuneng New Energy Co., Ltd. has also completed its registration change, becoming a wholly-owned subsidiary with a registered capital of 1 million yuan, established on September 19, 2018 [4] - Fuyuan Yuneng New Energy Co., Ltd. has completed its registration change, now a wholly-owned subsidiary with a registered capital of 1 million yuan, established on September 14, 2018 [4] - Yunnan Salt Industry Yanshan Co., Ltd. has changed its name to Changning Yuneng New Energy Co., Ltd. and is now a wholly-owned subsidiary, with a registered capital of 1 million yuan, established on September 13, 2018 [6] - Huize Yuneng Clean Energy Co., Ltd. has completed its registration change, becoming a wholly-owned subsidiary with a registered capital of 1 million yuan, established on September 14, 2018 [6] Documentation - The company has made available various registration documents and updated business licenses for the newly acquired subsidiaries [7]

Core Insights - Yunnan Energy Investment has officially commenced the construction of a 350MW salt cavern compressed air energy storage demonstration project in Anning City, marking the first high-altitude mountain salt cavern compressed air energy storage project in Southwest China [1][2] - The project aims to support the national "dual carbon" goals and establish a new power system in Yunnan, filling the gap in long-duration physical energy storage technology within the province [1][2] Project Overview - The project will have a single storage capacity of 1.75 million kilowatt-hours, with an energy storage duration of 8 hours, an annual turnover of 300 cycles, and a minimum utilization of 1,500 hours, leading to an annual power generation capacity of 525 million kilowatt-hours [1] - Total investment for the project is 1.872 billion yuan, utilizing retired salt caverns as storage mediums and designed to operate at pressures between 7MPa and 9MPa [1][2] Technical Features - The project includes an air compression system, turbine generator system, heat exchange system, and a 220kV booster station, integrating into the Yunnan power grid with a 42-kilometer connection to the Kunming Pujie substation [2] - It is expected to be completed and operational by the first half of 2027, serving multiple functions such as peak shaving, frequency regulation, and black start capabilities, thus acting as a "stabilizer" for grid safety [2] Strategic Importance - This project is a key component of Yunnan Energy Investment Group's "8+X" large energy industry system, promoting the integration of green electricity and energy storage [2] - The initiative addresses technical challenges in high-altitude environments by collaborating with universities and research institutions to develop a specialized energy storage system, enhancing overall energy utilization efficiency to over 70% [2]

云南能源投资股份有限公司 关于全资子公司完成工商登记变更的公告 证券代码：002053 证券简称：云南能投 公告编号：2025-140 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、概述 2025年8月13日、10月15日，云南能源投资股份有限公司（以下简称"公司"）董事会2025 年第六次临时会议、2025年第八次临时会议分别审议通过了《关于收购全资孙公司华坪云能 新能源有限公司100%股权的议案》《关于收购全资孙公司永胜云能新能源有限公司100%股 权的议案》《关于收购全资孙公司富源云能新能源有限公司100%股权的议案》《关于收购全 资孙公司云南省盐业砚山有限公司100%股权的议案》《关于收购全资孙公司会泽云能清洁能 源有限公司100%股权并向其增资的议案》。具体情况详见公司于2025年8月15日、10月17日 在《证券时报》《中国证券报》及巨潮资讯网（http://www.cninfo.com.cn）所披露的相关公告。 二、进展情况 （一）华坪云能新能源有限公司完成工商登记变更情况 华坪云能新能源有限公司于日前完成了相关工商登记变更手续，并领取了华 ...