| 证券代码：002534 | 证券简称：西子洁能 | 编号：2025－076 | | --- | --- | --- | | 债券代码：127052 | 债券简称：西子转债 | | 西子清洁能源装备制造股份有限公司 关于西子转债预计触发赎回条件的提示性公告 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。 特别提示：自 2025 年 7 月 23 日至 2025 年 8 月 20 日，西子清洁能源装备制 造股份有限公司（以下简称"公司"）股票已有 9 个交易日的收盘价不低于"西 子转债"当期转股价格（即 10.99 元/股）的 130%（即 14.29 元/股），预计后续 可能触发"西子转债"有条件赎回条款。根据《公司公开发行可转换公司债券 募集说明书》（以下简称《募集说明书》）中有条件赎回条款的相关规定，届时 公司董事会有权决定是否按照债券面值加当期应计利息的价格赎回全部或部分 未转股的"西子转债"。敬请广大投资者详细了解可转换公司债券相关规定，并 及时关注公司后续公告，注意投资风险。 一、可转债发行上市的基本情况 （一）可转换公司债券发行情况 经中国证券监 ...

Group 1: Traditional Energy Business - The company achieved revenue of 2.228 billion in the waste heat boiler business in 2024, establishing itself as the largest and most comprehensive research, development, design, and manufacturing base for waste heat boilers in China [1] - In response to slowing domestic market growth, the company has partnered with international firms such as N/E, GE, FW, and ALSTOM to expand its overseas market presence, with products exported to over 100 countries and regions [1] - The company has successfully completed several overseas projects, including the first 9H level gas turbine waste heat boiler in Asia, built in Pakistan, thereby continuously broadening its international business scope [1] Group 2: New Energy Business - The company is diversifying into solar thermal, energy storage, and flexible transformation of thermal power, leveraging its experience in traditional energy and molten salt energy storage [2] - The Chinese solar thermal power market is projected to reach 29 GW by 2030, 88 GW by 2040, and 118 GW by 2050, highlighting the potential for solar thermal power as a safe and clean energy source with dual functions of peak shaving and energy storage [2] - The company has developed a large-capacity molten salt heat absorber and steam generation system, recognized by the National Energy Administration as a significant technological equipment project in 2021 [2] Group 3: Nuclear Power - The approval of nuclear power projects has accelerated, with 10 to 11 nuclear power units approved annually over the past three years, indicating a growing market demand [3] - The company has over 20 years of experience in the nuclear power sector and has obtained manufacturing licenses for civil nuclear equipment, actively participating in the supply of various nuclear power station equipment [3] - Profit forecasts estimate the company's net profit attributable to shareholders to be 423 million, 506 million, and 608 million for 2025-2027, corresponding to PE ratios of 26x, 22x, and 18x, respectively [3]

Group 1 - The latest LPR values for 1-year and 5-year loans will be announced on August 20, with the current rates at 3.0% and 3.5% respectively, unchanged from June [2] - A total of 711.8 billion yuan in reverse repos will mature next week, with specific maturities scheduled from Monday to Friday [3] - The Hang Seng Index Company will announce the results of the second quarter index review on August 22, with changes effective from September 8, 2025 [4] Group 2 - The Jackson Hole Global Central Bank Conference will take place from August 21 to 23, featuring a speech by Federal Reserve Chairman Jerome Powell on August 22 [5] - The Federal Reserve will release the minutes of its monetary policy meeting on August 21, amid a pause in interest rate cuts since early this year, with current rates between 4.25% and 4.5% [6] - Nearly 100 billion yuan in market value of restricted stocks will be unlocked next week, with 35 stocks facing unlocks, including 29.54 billion yuan from United Imaging Healthcare [7][8] Group 3 - One new stock, Balanshi, is set to be issued next week on August 19, with approximately 19 million shares expected to raise nearly 300 million yuan [11]

股票代码：002534 股票简称：西子洁能 债券代码：127052 债券简称：西子转债 二〇二五年八月 重要声明 浙商证券股份有限公司 关于 西子清洁能源装备制造股份有限公司 可转换公司债券下修转股价 的临时受托管理事务报告 债券受托管理人 （住所：浙江省杭州市上城区五星路 201 号） 本报告依据《可转换公司债券管理办法》、 《公司债券发行与交易管理办法》 （以下简称《管理办法》）、《公司债券受托管理人执业行为准则》（以下简称 《执业行为准则》）、《西子清洁能源装备制造股份有限公司可转换公司债券之 受托管理协议》（以下简称"《受托管理协议》"）等相关规定及其它相关信息披 露文件以及西子清洁能源装备制造股份有限公司（以下简称"西子洁能"、"发 行人"或"公司"）出具的相关说明文件以及提供的相关资料等，由受托管理人 浙商证券股份有限公司（以下简称"浙商证券"）编制。浙商证券编制本报告的 内容及信息均来源于西子洁能提供的资料或说明。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为浙商证券所做承诺或 声明。 一、受托管理债券的基本情况 发行人 ...

股票代码：002534 股票简称：西子洁能 债券代码：127052 债券简称：西子转债 浙商证券股份有限公司 关于 西子清洁能源装备制造股份有限公司 可转换公司债券下修转股价 的临时受托管理事务报告 债券受托管理人 （住所：浙江省杭州市上城区五星路 201 号） 二〇二五年八月 重要声明 本报告依据《可转换公司债券管理办法》、《公司债券发行与交易管理办法》 （以下简称《管理办法》）、《公司债券受托管理人执业行为准则》（以下简称 《执业行为准则》）、《西子清洁能源装备制造股份有限公司可转换公司债券之 受托管理协议》（以下简称"《受托管理协议》"）等相关规定及其它相关信息披 露文件以及西子清洁能源装备制造股份有限公司（以下简称"西子洁能"、"发 行人"或"公司"）出具的相关说明文件以及提供的相关资料等，由受托管理人 浙商证券股份有限公司（以下简称"浙商证券"）编制。浙商证券编制本报告的 内容及信息均来源于西子洁能提供的资料或说明。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为浙商证券所做承诺或 声明。 1 一、受托管理债券的基本情况 | ...

Group 1: Industry Overview - China Energy Construction (601868) has won bids for two significant solar thermal power projects in Qinghai, which are among the first 350MW demonstration projects in the country, with the Golmud project being the largest in the world and the Delingha project setting new national records for capacity and storage [1] - The projects are expected to generate nearly 1 billion kWh of green electricity annually and save 296,000 tons of standard coal while reducing carbon dioxide emissions by approximately 1.53 million tons, significantly promoting the commercialization and scaling of solar thermal power [1] - The on-grid electricity price for these projects is set at 0.55 yuan per kWh, indicating market competitiveness and potential for further cost optimization as scale effects are realized [1] Group 2: Company Insights - Xizi Clean Energy (002534) has established itself as a leader in the solar thermal power industry due to its early investments and technological advancements, participating in 17 demonstration projects since 2010 [2] - The company has transitioned from a product manufacturer to a provider of comprehensive energy solutions, leveraging its technological expertise in clean energy and storage equipment [3] - Xizi Clean Energy's proprietary technologies, such as molten salt heat exchangers and steam generation systems, have received national recognition and are applicable in various energy sectors, showcasing their adaptability [3][4] Group 3: Project Highlights - Xizi Clean Energy has played a crucial role in the Delingha project, providing essential equipment that has set industry benchmarks, with the 50MW project achieving a cumulative generation of 439 million kWh since its grid connection in 2022 [4] - The company is also involved in the Xinjiang Huadian Tianshan project, supplying steam generators that support grid peak regulation and green electricity consumption [4] - In the Yumen project, the largest molten salt linear Fresnel solar thermal power station under construction globally, Xizi Clean Energy is providing key components that enable the integration of solar thermal, photovoltaic, and wind energy [5] Group 4: Policy and Market Trends - The solar thermal power sector is experiencing rapid growth driven by policy support, with a target of adding 3GW of new capacity annually during the 14th Five-Year Plan [6] - The industry is witnessing significant cost reductions due to technological innovations and increased domestic production, with over 90% of equipment now sourced locally [7] - Xizi Clean Energy is expected to benefit from its technological advantages and market position, with projections indicating a substantial increase in net profit and a rise in the share of molten salt storage orders [7]

Group 1 - A new company, Hangzhou Xizi Nuclear Technology Co., Ltd., has been established with a registered capital of 2 million yuan [1] - The legal representative of the company is Wang Kefi, and its business scope includes research and development of nuclear power equipment and engineering technology [1] - The company is co-owned by Xizi Clean Energy, Hangzhou Xizhi Junlian Technology Partnership, and Hangzhou Xizi Silian Technology Partnership [1] Group 2 - The company is involved in various technical services, including technology development, consulting, and transfer related to nuclear energy [1] - It is authorized to install and design civil nuclear safety equipment, subject to approval from relevant authorities [1] - The company also engages in the sale of special equipment and new energy power equipment [1]

Group 1: Industry Perspective on Institutional Research - The overall number of institutional research engagements in the A-share market has decreased, with a total of 118 engagements last week, lower than 163 engagements in the same week of 2024, indicating a cooling interest in research activities [3][13][21] - Among the primary industries, the highest levels of attention were observed in electronics, power equipment, pharmaceuticals, machinery, computers, and automobiles, with power equipment, non-bank financials, and public utilities showing a year-on-year increase in attention [3][12][19] - In July, the total number of institutional research engagements in the A-share market was 1,345, down from 1,505 in the same month of 2024, with machinery, electronics, pharmaceuticals, automobiles, and power equipment receiving the most attention [21][22][26] Group 2: Individual Company Perspective on Institutional Research - Companies such as Huaming Equipment, Tapai Group, BOE Technology Group, and Jereh Group received significant market attention, with high numbers of research engagements and institutional participation [4][28][32] - Huaming Equipment was frequently researched, with 9 engagements last week, focusing on its role in the power equipment sector and its connections to traditional high-energy-consuming industries [30][31] - Jereh Group has been actively expanding its international strategy, particularly in the Middle East, and was also frequently researched, with 2 engagements last week [30][31]

债券代码：127052 债券简称：西子转债 西子清洁能源装备制造股份有限公司 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。 特别提示： 调整前"西子转债"转股价格为：11.00 元/股 调整后"西子转债"转股价格为：10.99 元/股 转股价格调整生效日期：2025 年 8 月 12 日 一、 关于"西子转债"转股价格调整的相关规定 证券代码：002534 证券简称：西子洁能 编号：2025－075 其中：P1 为调整后转股价；P0 为调整前转股价；n 为派送股票股利或转增 股本率；A 为增发新股价或配股价；k 为增发新股或配股率；D 为每股派送现金 股利。 当公司出现上述股份和/或股东权益变化情况时，将依次进行转股价格调整， 并在中国证券监督管理委员会指定的上市公司信息披露媒体上刊登转股价格调 整的公告，并于公告中载明转股价格调整日、调整办法及暂停转股时期(如需)。 当转股价格调整日为本次发行的可转债持有人转股申请日或之后，转换股份登记 日之前，则该持有人的转股申请按公司调整后的转股价格执行。 当公司可能发生股份回购、合并、分立或任何其他情形使公司股份类别 ...

证券代码：002534 证券简称：西子洁能 编号：2025－074 债券代码：127052 债券简称：西子转债 西子清洁能源装备制造股份有限公司 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。 西子清洁能源装备制造股份有限公司（以下简称"公司"或"西子洁能"） 因实施注销回购专用证券账户股份导致公司总股本、无限售条件流通股数量发生 变化，根据《公司法》 《上海证券报》 《中国证券报》和《证券 日报》以及巨潮资讯网（http://www.cninfo.com.cn）披露的《公司关于回购公司 股份的进展公告》。 《证券法》 《上市公司股份回购规则》 （以下简称"《回购规 则》"）《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相关规 定，现就回购股份注销完成暨股份变动情况披露如下： 一、公司回购股份注销事项履行的相关审批程序 西子清洁能源装备制造股份有限公司（以下简称"公司"或"西子洁能"） 于 2024 年 10 月 9 日召开第六届董事会第十五次临时会议，于 2024 年 10 月 25 日召开 2024 年第四次临时股东大会，审议通过了《关于回 ...