证券代码：002608 证券简称：江苏国信 公告编号：2025-008 江苏国信股份有限公司 第六届董事会第二十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 江苏国信股份有限公司（以下简称"公司"或"本公司"）第六届董 事会第二十五次会议通知于 2025 年 3 月 26 日，以书面、通讯方式发 给公司董事，会议于 2025 年 4 月 8 日以通讯方式召开。本次会议应 出席董事六名，实际出席董事六名。公司监事、高级管理人员列席了 会议。本次会议的召开符合《公司法》和《公司章程》的规定。本次 会议由董事长徐文进先生召集，与会董事经过认真审议，做出如下决 议： 一、审议通过《关于提名公司第六届董事会非独立董事候选人的 议案》 根据公司持股 5%以上股东苏州苏新聚力科技发展有限公司的推 荐，董事会拟提名宋才俊先生为公司第六届董事会非独立董事候选人， 任期自股东大会审议通过之日起至本届董事会任期届满止。宋才俊先 生的简历详见附件。 第 1 页 共 3 页 本次董事变更后，董事会中兼任公司高级管理人员以及由职工代 表担任的董事人数总计未超过公司董事 ...

证券代码：002608 证券简称：江苏国信 公告编号：2025-006 江苏国信股份有限公司 关于持股 5%以上股东转让公司部分股份 完成过户登记的公告 | 本公司及董事会全体成员保证信息披露内容的真实、准确和完 | | --- | | 整，没有虚假记载、误导性陈述或重大遗漏。 | 权益变动的提示性公告》（公告编号：2024-059），于 2025 年 1 月 8 日披露了《关于持股 5%以上股东协议转让公司部分股份的进展公告》 （公告编号：2025-001）及相关信息披露义务人出具的简式权益变动 报告书。 华侨城资本与苏新聚力签署《股份转让协议》，华侨城资本以人 民币7.63元/股的价格将其持有的公司278,066,700股股份协议转让给 苏新聚力。双方各自履行了协议生效的必要程序后，办理股份过户及 交割手续。 二、股份转让过户情况 本次股份转让于 2025 年 3 月 21 日办理完成股份过户登记手续， 并于 3 月 24 日取得中国证券登记结算有限责任公司出具的《证券过 户登记确认书》。本次协议转让股份过户登记前后，转让各方持有公 司股份情况如下： | 股东名称 | 本次股份过户前 | | 本次股份过户 ...

江苏国信股份有限公司董事会 2025 年 3 月 26 日 第 1 页 共 1 页 证券代码：002608 证券简称：江苏国信 公告编号：2025-007 江苏国信股份有限公司 关于公司董事辞职的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 江苏国信股份有限公司（以下简称"公司"或"江苏国信"）董事 会于 2025 年 3 月 24 日收到公司董事梁兴超先生的书面辞职报告。鉴 于深圳华侨城资本投资有限公司与苏州苏新聚力科技发展有限公司 股份转让已完成变更登记，为完善公司治理结构，梁兴超先生提请辞 去江苏国信董事会董事、董事会薪酬与考核委员会委员职务。辞职后， 梁兴超先生将不在江苏国信担任任何职务。截至本公告日，梁兴超先 生未持有本公司股票。 根据《公司法》《公司章程》的规定，梁兴超先生的辞职不会导 致公司董事会成员低于法定最低人数，其辞职自辞职报告送达董事会 之日起生效。公司将尽快按照法定程序，完成补选董事的工作。公司 董事会对梁兴超先生在担任公司董事期间为公司发展所做出的贡献 表示衷心感谢。 特此公告。 ...

全面加快建设电力现货市场，疆电外送促绿电消纳 2025 年 03 月 16 日 ➢ 本周（20250310-20250314）电力板块行情：本周电力板块走势优于大盘。 截至 2025 年 03 月 14 日，本周公用事业板块收于 2287.91 点，上涨 49.11 点， 涨幅 2.19%；电力子板块收于 3042.41 点，上涨 65.87 点，上涨 2.21%，沪深 300 本周上涨 1.59%，公用事业走势优于大盘。公用事业（电力）板块涨跌幅在 申万 31 个一级板块中排第 21 位。从电力子板块来看：本周光伏发电上涨 4.68%， 热力服务上涨 3.80%，电能综合服务上涨 3.57%，火力发电上涨 3.39%，风力 发电上涨 2.09%，水力发电上涨 0.88%。 ➢ 本周专题：各大电力央企，也是"沙戈荒"大基地的投资主力，其中华电集 团规划超 80GW，华能集团规划 28.5GW，国家能源集团规划超 31GW，三峡 集团规划超 35GW。2025 年《政府工作报告》中提到：推进"疆电外送"第三、 第四通道、"西气东输"四线等跨区域能源调配工程，提升能源供应保障能力。加 快建设"沙戈荒"新能源基地和 ...

Core Viewpoint - Jiangsu Guoxin (002608) reported a significant increase in both revenue and net profit for the year 2024, indicating strong operational performance and effective cost management [1] Financial Performance - The company's operating revenue for 2024 reached 36.933 billion yuan, representing a year-on-year growth of 6.83% [1] - The net profit attributable to shareholders was 3.227 billion yuan, showing a substantial year-on-year increase of 72.55% [1] - Basic earnings per share were reported at 0.85 yuan [1] Business Segments - In the energy sector, the company benefited from the commissioning of new units, leading to increased electricity generation; a decline in coal market prices also contributed to revenue enhancement [1] - The company maintained strict cost control and continued to improve efficiency, resulting in significant performance growth [1] - In the financial sector, the company's operations remained stable, with an increased stake in Jiangsu Bank further enhancing profit contributions during the reporting period [1]

Financial Performance - Total operating revenue for 2024 reached CNY 3,693,262.09 million, an increase of 6.83% compared to CNY 3,457,218.60 million in the previous year[5] - Operating profit rose to CNY 492,562.81 million, marking a significant increase of 38.78% from CNY 354,924.52 million year-on-year[5] - Net profit attributable to shareholders was CNY 322,740.79 million, reflecting a substantial growth of 72.55% compared to CNY 187,036.85 million in the prior year[5] - Basic earnings per share increased to CNY 0.8542, up 72.53% from CNY 0.4951 in the previous year[5] - The weighted average return on equity improved to 10.61%, an increase of 3.97 percentage points from 6.64% year-on-year[5] - Shareholders' equity attributable to the parent company increased to CNY 3,258,135.87 million, a rise of 13.82% from CNY 2,862,625.55 million[5] Asset Management - Total assets at the end of the reporting period were CNY 9,636,032.17 million, an 8.43% increase from CNY 8,887,235.16 million at the beginning of the period[5] Sector Performance - The energy sector's performance improved due to new units coming online and increased electricity generation, alongside a decline in coal market prices[6] - The financial sector remained stable, with increased holdings in Jiangsu Bank contributing positively to profits during the reporting period[6] Forecast Accuracy - The company’s performance results are within the previously disclosed forecast range, indicating no discrepancies[7]

1. 案件所处的诉讼阶段：一审判决 2. 上市公司所处的当事人地位：原告 3. 涉案金额：受特定机构投资者委托设立的信托计划项下信托 贷款本金 2,500,000,000元及相应利息、逾期付款违约金和其他费用。 4. 对上市公司损益产生的影响：本次公告诉讼涉及的贷款事项， 为江苏信托受特定机构投资者委托设立的信托计划项下信托贷款，该 信托贷款的风险由委托人交付资金形成的信托财产承担。诉讼结果预 计不会对公司本期及期后利润产生影响。 证券代码：002608 证券简称：江苏国信 公告编号：2025-004 江苏国信股份有限公司 关于子公司诉讼事项的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 近日，公司收到南京市中级人民法院于 2025 年 2 月 7 日出具的 （2024）苏 01 民初 1710 号《民事判决书》。判决如下： （一）佳穗置业于本判决生效之日起十日内返还江苏信托借款本 金 25 亿元并支付截至 2024 年 3 月 29 日的利息 75,900 万元、逾期利 息（以本金 25 亿元为基数，自 2024 年 3 月 30 日 ...

Summary of Jiangsu Guoxin Conference Call Company and Industry Overview - The conference call pertains to Jiangsu Guoxin, a company operating in the power generation sector, particularly focusing on thermal and renewable energy in Jiangsu Province, China. Key Points and Arguments - **Electricity Price Negotiation**: The electricity price for 2025 in Jiangsu has decreased compared to the previous year, raising concerns about its impact on the profitability of the thermal power sector. However, the relationship between electricity prices and profits is complex, influenced by regional differences and coal prices, which account for 60% to 70% of costs [3][4][5]. - **Coal Price Influence**: The anticipated decline in coal prices may offset the profit reduction caused by lower electricity prices. The company has implemented new technologies that significantly reduce coal consumption, enhancing its competitive edge [3][4][5]. - **Long-term Pricing Contracts**: A lack of long-term pricing contracts may lead to more electricity entering the spot market, potentially causing annual electricity prices to decline. Companies need to optimize management and technology to maintain profitability [4][6]. - **New Thermal Power Projects**: Jiangsu's new thermal power projects are expected to alleviate supply constraints and improve energy supply stability while phasing out high-energy-consuming small units [4][8]. - **Renewable Energy Competition**: The trend towards marketization of renewable energy may intensify competition with thermal power, leading to lower overall electricity prices. However, renewable energy's contribution to total electricity supply remains limited due to regional and weather-related factors [4][9][13]. - **Electricity Pricing Forecast**: The actual settlement price for electricity in Jiangsu is projected to be around 0.417 yuan per kWh in 2025, a decrease of approximately 0.03 yuan from the previous year [4][14]. - **Future Expansion Plans**: The company plans to expand into the renewable energy sector, including energy storage technologies, aiming to become a comprehensive energy service provider. It anticipates commissioning 7 to 8 new million-kilowatt power generation units between 2023 and 2025 [4][22][34]. - **Financial Stability and Dividends**: The company has shown a commitment to dividends since 2020, with expectations for future distributions if profitability remains strong. The financial segment has provided stability during periods of high coal prices [4][23][29]. Additional Important Insights - **Impact of Coal Price Decline**: A significant decline in coal prices could create profit opportunities, but regional supply and demand dynamics and increased environmental costs must be considered [4][12]. - **External Electricity Supply**: The proportion of external electricity supply in Jiangsu is expected to remain stable at around 20%, with limited impact on local companies [4][18]. - **Small Unit Energy Consumption**: High energy consumption from small units may lead to impairment issues, but the company has managed to mitigate these risks through strategic capacity management [4][19]. - **Market Valuation Concerns**: The market's perception of the company's valuation is low, typically ranging from 0.05 to 0.7, which the company aims to improve through better communication with investors [4][33]. This summary encapsulates the critical insights from the conference call, highlighting the company's strategic positioning and market dynamics in the energy sector.

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative price increase of over 20% compared to the market benchmark within the next six months [16]. Core Insights - The company forecasts a significant increase in net profit for 2024, with an expected growth of approximately 63.07% to 76.44%, resulting in a projected net profit of 30.5 to 33.0 billion yuan [2][3]. - The anticipated growth in profit is attributed to the commissioning of new power generation units, a decrease in fuel costs, increased holdings in Jiangsu Bank, and ongoing efficiency improvements [3]. - The company's financial performance is expected to remain stable, with a projected revenue of 349.89 billion yuan for 2024, increasing to 432.48 billion yuan by 2026 [4]. Financial Performance Summary - The projected revenue for 2024 is 34,989 million yuan, with a growth rate of 4% compared to 2023 [6]. - The net profit for 2024 is estimated at 3,109 million yuan, reflecting a growth rate of 66% from the previous year [6]. - Earnings per share (EPS) is expected to be 0.82 yuan in 2024, with a price-to-earnings (P/E) ratio of 9.1 [6]. Operational Highlights - The commissioning of a new 1GW supercritical coal-fired power generation unit is expected to enhance operational capacity and profitability [3]. - The average coal price at Qinhuangdao Port is projected to decrease by 11.4% to 854.92 yuan per ton in 2024, contributing to lower fuel costs for the company [3]. - The company’s subsidiary, Jiangsu Trust, has increased its stake in Jiangsu Bank, which is expected to contribute an additional investment income of approximately 140 million yuan [4].

Core Viewpoint - Jiangsu Guoxin (002608) expects a significant increase in net profit for 2024, projecting a range of 3.05 billion to 3.3 billion yuan, representing a year-on-year growth of 63.07% to 76.44% [1] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders of 3.05 billion to 3.3 billion yuan for 2024, indicating a strong growth trajectory [1] - The increase in profit is attributed to the commissioning of new units in the thermal power sector, leading to higher electricity generation, alongside a decrease in fuel costs [1] Group 2: Business Segments - The financial segment of the company has shown stable operational development, with continued growth in earnings from increased holdings in Jiangsu Bank [1] - The company has implemented strict cost control measures and is striving to enhance auxiliary service revenues, contributing to overall efficiency improvements [1]