Core Viewpoint - The company, Dongfang Xinneng, forecasts a net loss of 55 million to 75 million yuan for the year 2025, with a net profit excluding non-recurring losses expected to be a loss of 45 million to 60 million yuan due to restructuring and a focus on new energy business [1] Group 1: Financial Performance - The company has completed its restructuring plan as of December 30, 2024, leading to a significant reduction in the number of subsidiaries within the consolidated financial statements [1] - The restructuring has resulted in a fundamental improvement in the financial structure, with a substantial decrease in operating income, operating costs, asset impairment losses, and various period expenses compared to the previous year [1] - The overall loss for the company is expected to narrow significantly compared to the same period last year, despite the new business asset scale being relatively small [1] Group 2: Business Strategy - Post-restructuring, the company is fully focused on new energy businesses such as wind, solar, and energy storage, achieving preliminary results in its industrial transformation [1] - The company has completed the acquisition and consolidation of 433 MW of distributed photovoltaic assets, which have contributed stable revenue during the reporting period [1] - The company plans to deepen its new energy business layout by accelerating high-quality asset acquisitions, improving operational efficiency, and optimizing its debt structure to expand asset scale and profitability [1] Group 3: Future Outlook - The company has disclosed a major asset purchase plan, with related procedures progressing as scheduled, although the targeted assets are not expected to contribute to the company's 2025 performance [1] - If the transaction is successfully completed, the long-term value of the targeted assets is anticipated to have a positive impact on the company's revenue and profitability in the current and future years [1]

Financial Performance - The company expects a net loss of between 55 million and 75 million yuan for the fiscal year 2025, compared to a net loss of 360.35 million yuan in the same period last year [2]. - Operating revenue is projected to be between 350 million and 410 million yuan, significantly down from 876.89 million yuan in the previous year [2]. - The projected net profit remains negative, indicating ongoing challenges despite improvements in operational metrics [2]. - The overall loss margin has significantly narrowed compared to the previous year, indicating progress in financial recovery [5]. Asset Acquisition and Restructuring - The company has completed the acquisition of 433 MW of distributed photovoltaic assets, which contributed stable revenue during the reporting period [5]. - The restructuring plan was confirmed completed on December 30, 2024, leading to a significant reduction in the number of subsidiaries and improvements in financial structure [4]. - A major asset purchase plan has been disclosed, with ongoing procedures expected to positively impact future revenue and profitability [5]. Strategic Focus - The company is focusing on the renewable energy sector, particularly wind and solar power, and aims to expand its asset scale and profitability through acquisitions and operational efficiency [5]. Audit and Financial Data - The company has communicated with its auditors regarding the earnings forecast, with no discrepancies reported [3]. - The financial data presented is preliminary and subject to final audit confirmation, highlighting the need for investor caution [6].

Group 1 - The company has completed a major asset restructuring, changing its name from "Oriental Landscape" to "Oriental New Energy" effective January 14, 2026, while retaining its stock code [1][3] - The restructuring involves cash acquisitions of equity in two renewable energy companies, marking a strategic shift from traditional ecological and environmental business to the renewable energy sector [3][4] - Despite the restructuring, the company is still facing legal challenges due to past financial fraud, which has led to investor lawsuits and claims for compensation [1][4] Group 2 - The financial fraud scandal has been ongoing for four years, with the company being penalized for misreporting financial data related to a public-private partnership (PPP) project [4] - In December 2019, the company adjusted project-related costs by 22.32 million yuan but failed to adjust corresponding revenue by 35.42 million yuan until 2022, leading to misstatements in financial reports from 2019 to 2022 [2][4] - Following the penalties, many affected investors have actively joined legal actions to protect their rights and seek compensation [2][4]

Core Viewpoint - The company, Beijing Oriental Ecological New Energy Co., Ltd., has approved several resolutions regarding the provision of guarantees for its wholly-owned subsidiaries to enhance operational efficiency and support business development [2][4][14]. Group 1: Guarantee Proposals - The company plans to provide a total guarantee amount of up to 415 million yuan for its subsidiaries, with specific allocations of 200 million yuan for Beijing Fuhua Hengyu New Energy Technology Co., Ltd., 200 million yuan for Tianjin Dongfang Tiantai Construction Engineering Co., Ltd., and 15 million yuan for Oriental New Energy (Beijing) Enterprise Management Center [7][14]. - The guarantees are intended to improve financing efficiency and reduce costs, ensuring the normal operation of the subsidiaries [2][14]. - The board has deemed the risks associated with these guarantees to be controllable, as the subsidiaries have stable operations and good creditworthiness [2][14]. Group 2: External Guarantees - The company has also approved a resolution to provide a joint liability guarantee of up to 285 million yuan for Haicheng Ruihai New Energy Wind Power Co., Ltd. to facilitate financing for the replacement of existing financing [4][29]. - This external guarantee is supported by a counter-guarantee from Huari Wind Power Technology (Group) Co., Ltd., ensuring compliance with regulatory requirements [4][29]. - The board believes that the overall risk of this external guarantee is manageable and aligns with the company's strategic development [4][29]. Group 3: Shareholder Meeting - The company has scheduled its second extraordinary general meeting for February 13, 2026, to review the aforementioned guarantee proposals [6][34]. - The meeting will allow shareholders to vote on the resolutions that have been approved by the board [6][34]. - The company will provide a platform for both on-site and online voting to facilitate shareholder participation [35][38]. Group 4: Financial Overview - As of the latest reporting, the company has a total guarantee amount of 2.215 billion yuan for its subsidiaries, with an actual guarantee balance of 1.154 billion yuan, representing 75.01% of the company's latest audited net assets [15][30]. - The company has no overdue debts related to guarantees and is not involved in any litigation concerning guarantees [15][30].

Group 1 - The company Dongfang Xinneng held its 13th meeting of the 9th board of directors on January 28, 2026, via communication voting [1] - The meeting reviewed documents including a proposal regarding the guarantee limit for wholly-owned subsidiaries and affiliated enterprises [1] Group 2 - The industry is witnessing a significant shift in battery technology, with semi-solid state batteries expected to be equipped in multiple new vehicles this year [1] - Major manufacturers are preparing for advancements in power battery technology, marking this year as a pivotal moment for innovation in the sector [1]

证券代码：002310 证券简称：东方新能 公告编号：2026-006 北京东方生态新能源股份有限公司 关于对全资子公司及下属企业提供担保额度的公告 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、误导性陈述或者重大遗漏。 重要提示： 被担保方天津东方天泰建设工程有限公司为公司全资子公司，资产负债率 超过 70%，敬请投资者注意相关风险。 一、担保情况概述 为推进北京东方生态新能源股份有限公司（以下简称"公司"或"东方新 能"）全资子公司北京福华恒裕新能源科技有限公司（以下简称"福华恒 裕"）、天津东方天泰建设工程有限公司（以下简称"东方天泰"）、全资下 属企业东方新能（北京）企业管理中心（有限合伙）（以下简称"新能企管中 心"）相关业务顺利开展并落地实施，公司于 2026 年 1 月 28 日召开第九届董 事会第十三次会议，审议通过了《关于为全资子公司及下属企业提供担保额度 的议案》。董事会同意为福华恒裕和东方天泰分别提供 2 亿元担保额度、为新 能企管中心提供 1,500 万元担保额度，额度可在有效期内滚动使用，有效期为自 股东会审议通过起 12 个月。 公司董事会提请股东会授权 ...

证券代码：002310 证券简称：东方新能 公告编号：2026-007 关于拟签署保证合同暨对外担保的公告 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、误导性陈述或者重大遗漏。 重要提示： 被担保方海城锐海新能风力发电有限公司为公司及公司全资子公司合计持 有全部出资份额的合伙企业东方新能（北京）企业管理中心（有限合伙）通过 天津交易集团有限公司（原名天津产权交易中心）公开挂牌方式竞得的标的公 司，交易完成后将持有其 100%股权，其资产负债率超过 70%，敬请投资者注意 相关风险。 一、担保情况概述 北京东方生态新能源股份有限公司（以下简称"公司"或"东方新能"） 于 2025 年 12 月 15 日召开第九届董事会第十二次会议审议通过了《关于参与竞 买海城锐海新能风力发电有限公司 100%股权的议案》，同意公司及公司全资子 公司合计持有全部出资份额的合伙企业东方新能（北京）企业管理中心（有限 合伙）（以下简称"新能企管中心"）通过参与公开挂牌转让的方式竞购锐电 投资有限公司持有的海城锐海新能风力发电有限公司（以下简称"海城锐海"） 100%股权。 根据董事会的决议及授权，新能企 ...

证券代码：002310 证券简称：东方新能 公告编号：2026-008 北京东方生态新能源股份有限公司 关于召开 2026 年第二次临时股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2026 年第二次临时股东会 2、股东会的召集人：董事会 3、本次会议的召开经公司第九届董事会第十三次会议审议通过，召集本次股 东会符合《公司法》《深圳证券交易所股票上市规则》等有关法律、规范性文件 以及《公司章程》的规定。 4、会议时间： （1）现场会议时间：2026 年 2 月 13 日 15:00 （2）网络投票时间： 通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 2 月 13 日 9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为2026 年2 月13日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2026年2月6日 8、会议地点：北京市朝阳区建国门外大街 6 号楼 22F ...

北京东方生态新能源股份有限公司 第九届董事会第十三次会议决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 北京东方生态新能源股份有限公司（以下简称"公司"）第九届董事会第十 三次会议通知于 2026 年 1 月 23 日以电子邮件的形式发出，会议于 2026 年 1 月 28 日以通讯表决的形式召开。会议应参会董事 9 人，实际参会董事 9 人，公司 高级管理人员列席了会议，会议的召集、召开及表决程序符合《公司法》和《公 司章程》的有关规定。 会议由公司董事长张浩楠先生主持，审议通过如下议案： 证券代码：002310 证券简称：东方新能 公告编号：2026-005 公司为全资子公司/企业提供担保有利于提高融资效率、降低融资成本，可 有力保证子公司的正常生产经营以及相关业务顺利落地。被担保方经营情况稳定， 具备良好的偿债能力及信用情况，本次担保风险可控。公司为全资子公司/企业 提供担保符合公司发展战略、商业惯例以及相关监管规定。因此，董事会同意为 子公司/企业提供担保额度并同意将本议案提交股东会审议。 表决结果：表决票 9 票，赞成票 9 票，反对票 0 票， ...

Core Viewpoint - The AI Fund Dongfang New Energy Vehicle Theme Mixed Fund (400015) reported a profit of 85.87 million yuan for Q4 2025, with a weighted average profit per fund share of 0.0279 yuan. The fund's net value growth rate was 1.19%, and its total scale reached 9.019 billion yuan by the end of Q4 2025 [2][14]. Fund Performance - As of January 22, the fund's unit net value was 3.256 yuan. The fund manager, Li Rui, oversees four funds, with the Dongfang New Energy Vehicle Theme Mixed Fund achieving the highest one-year return of 68.08%, while the Dongfang High-end Manufacturing Mixed A had the lowest at 30.96% [2]. - The fund's one-year return ranked 13 out of 92 comparable funds, while its three-month return was 13.09%, ranking 42 out of 100. The six-month return was 53.75%, ranking 7 out of 100, and the three-year return was 2.70%, ranking 39 out of 68 [2]. Investment Strategy - The fund management indicated a focus on the new energy vehicle industry, employing a top-down selection of sub-industries and a bottom-up in-depth research approach. The management is optimistic about segments of the industry where unit profitability is beginning to stabilize and new technological directions are entering the industrialization phase [2]. Risk and Volatility - The fund's three-year Sharpe ratio was 0.4692, ranking 27 out of 66 comparable funds. The maximum drawdown over three years was 56.28%, with a ranking of 58 out of 66. The largest single-quarter drawdown occurred in Q1 2020, at 30.87% [7][9]. Portfolio Composition - The fund maintained a high stock position, averaging 93.19% over the past three years, compared to a peer average of 87.15%. The highest stock position reached 94.04% at the end of H1 2023, while the lowest was 76.96% at the end of Q3 2019 [12]. - The fund has a high concentration of holdings, with the top ten stocks consistently exceeding 60% over the past two years. As of Q4 2025, the top ten holdings included Tianqi Lithium, BYD, and CATL, among others [17].