中国广核电力股份有限公司副总裁秦余新表示，这是中广核首个深度研学示范班，更是探索核电科普教 育新范式、构建开放合作新机制的重要一步，我们倾力打造了为期五天四晚的沉浸式课程体系，涵盖核 能原理、安全文化、绿色实践、前沿科技等核心内容，力求形成可复制推广的研学精品标杆。 1987年8月7日，我国首座大型商业核电站大亚湾核电站开工建设，2013年中广核将8月7日确定为"公众 开放体验日"，每年举办特色鲜明的公众体验活动，到今年已经连续举办十三届，开展了"最美核电婚纱 照""核电基地种珊瑚""工业旅游"等一系列活动。生态环境部华南核与辐射安全监督站主任扈黎光表 示，"公众开放体验日"活动已成为中广核的一张亮丽名片，也成为我国核能事业公众宣传的一项重要内 容。 中广核发布的《中广核工业研学白皮书》显示，除了五天四晚的深度研学，还有半天、一天、三天两晚 共四种"套餐"可供选择。精品半日游，将以大亚湾核能科技馆为主进行参观学习，并安排了DIY"我心 中未来的核电站"手工体验环节；品牌一日游，将配套《生态共生》课程，增加核电防护趣味学习，以 及与科学家面对面环节；三天两晚研学，进一步增加了核电基地生态体验、安全体验及实操、学 ...

Market Overview - On August 6, the Shanghai Composite Index rose by 0.45%, with the total margin trading balance reaching 2009.41 billion yuan, an increase of 9.155 billion yuan compared to the previous trading day [1] - The margin trading balance in the Shanghai market was 1023.066 billion yuan, up by 3.839 billion yuan; in the Shenzhen market, it was 979.971 billion yuan, up by 5.161 billion yuan; and in the Beijing Stock Exchange, it was 6.377 billion yuan, up by 0.155 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 21 industries saw an increase in margin trading balances, with the mechanical equipment industry leading with an increase of 2.043 billion yuan, followed by the electronics and defense industries with increases of 1.395 billion yuan and 1.338 billion yuan, respectively [1] Stock Performance - A total of 2104 stocks experienced an increase in margin trading balances, accounting for 56.70% of the total, with 523 stocks seeing an increase of over 5% [1] - Tianming Technology had the largest increase in margin trading balance, reaching 16.6608 million yuan, a rise of 111.76% from the previous trading day, and its stock price increased by 5.09% [1] - Other notable stocks with significant increases in margin trading balances included Yuanhang Precision and LIGONG Navigation, with increases of 86.49% and 65.40%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increases in margin trading balances, the average increase in stock prices was 6.11%, with Huami New Materials, Riyue Ming, and Yuanhang Precision leading with increases of 29.96%, 19.99%, and 11.99%, respectively [2] - Conversely, stocks with the largest declines in margin trading balances included Baolijie, with a decrease of 34.99%, followed by Feng'an Co. and Anke Innovation, with declines of 33.76% and 25.58%, respectively [4][5]

从中证全指公用事业指数持仓的市场板块来看，上海证券交易所占比81.21%、深圳证券交易所占比 18.79%。 数据统计显示，中证全指公用事业指数近一个月下跌1.81%，近三个月上涨0.92%，年至今下跌3.37%。 据了解，中证全指行业优选指数系列从中证全指行业中选取符合一定流动性与市值筛选条件的上市公司 作为指数样本，以反映各个行业内较具代表性与可投资性的上市公司证券的整体表现。该指数以2004年 12月31日为基日，以1000.0点为基点。 从指数持仓来看，中证全指公用事业指数十大权重分别为：长江电力（14.08%）、中国核电 （8.94%）、三峡能源（7.3%）、国电电力（4.83%）、国投电力（4.43%）、华能国际（3.95%）、永 泰能源（3.81%）、川投能源（3.59%）、中国广核（3.43%）、浙能电力（2.49%）。 金融界8月6日消息，上证指数低开高走，中证全指公用事业指数 (全指公用，000995)平盘报收，报 2560.34点，成交额129.94亿元。 从中证全指公用事业指数持仓样本的行业来看，公用事业占比100.00%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年 ...

中国广核最新股价报3.70元，较前一交易日上涨0.01元，涨幅0.27%。盘中最高触及3.71元，最低下探 3.68元，成交额2.88亿元。 中国广核是电力行业上市公司，主要从事核电站的建设和运营。公司业务覆盖核电项目开发、建设、运 营及管理，电力销售及相关技术服务等。 消息面上，吉林省白城的中广核吉西基地鲁固直流10万千瓦光热项目预计将于今年下半年投产。该项目 采用"光热+新能源"的创新模式，是东北地区首座光热电站，建成后预计年均可提供1.8亿千瓦时清洁电 能。 资金流向方面，8月5日中国广核主力资金净流入592.36万元，近五日主力资金累计净流入3252.37万元。 风险提示：以上内容仅供参考，不构成投资建议。市场有风险，投资需谨慎。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for China General Nuclear Power Corporation (CGN Power) [2][8] Core Views - CGN Power is the sole operating platform for nuclear power generation under China General Nuclear Group, showing stable profit growth in recent years. The company was established in March 2014 and listed on the Hong Kong Stock Exchange and Shenzhen Stock Exchange in December 2014 and August 2019, respectively. The controlling shareholder is China General Nuclear Group, which held a combined stake of 58.89% in A-shares and H-shares by the end of 2024 [7][23]. - Nuclear power is crucial for achieving carbon neutrality goals, with China accelerating its nuclear power development. The company has seen a compound annual growth rate (CAGR) of 7.4% in revenue and 2.7% in net profit from 2019 to 2024 [7][24]. - The company is entering a phase of intensive construction and commissioning of nuclear power units, with 20 units under management as of June 2025, representing a potential increase of approximately 76% over the current operational capacity of 31.80 GW [7][33]. - Financial costs have been decreasing due to lower domestic interest rates, and the company has a robust cash flow to support capital expenditures and dividends. The operating cash flow net amount for 2024 is projected to be 38 billion yuan, a year-on-year increase of 14.8%, fully covering investment expenditures and dividends [7][8]. - The report forecasts earnings per share (EPS) of 0.21, 0.23, and 0.24 yuan for 2025-2027, with corresponding price-to-earnings (PE) ratios of 13, 12, and 11 times. The estimated reasonable market value for the H-shares is 186.6 billion HKD, indicating a potential upside of 25.2% [8][24]. Financial Data and Profit Forecast - Revenue (in million yuan) is projected to be 82,549 in 2023, 86,804 in 2024, and 87,245 in 2025, with growth rates of 0%, 5%, and 1% respectively. Net profit attributable to shareholders is expected to be 10,725 million in 2023, 10,814 million in 2024, and 10,753 million in 2025, with growth rates of 8%, 1%, and -1% respectively [6]. - The company’s dividend per share has increased from 0.0578 HKD in 2016 to 0.1032 HKD in 2024, with a dividend payout ratio consistently above 40% for six consecutive years [7][8]. Key Assumptions - Installed capacity is expected to reach 32.92 million kW, 35.24 million kW, and 37.64 million kW for 2025-2027. The on-grid electricity volume is projected to be 234.8 billion kWh, 243.9 billion kWh, and 255.5 billion kWh for the same period [9]. - The on-grid electricity price is anticipated to be 0.401, 0.3994, and 0.3987 yuan per kWh for 2025-2027 [9].

Market Overview - In July, the Shanghai and Shenzhen 300 Index increased by 3.54%, while the public utility index decreased by 0.77% and the environmental index increased by 2.10%. The relative returns for public utilities and environmental sectors were -4.32% and -1.94%, respectively [1][15][23]. - Among the sub-sectors, the environmental sector rose by 1.60%, with thermal power increasing by 1.21%, hydropower decreasing by 4.35%, and new energy generation rising by 0.80% [1][15][24]. Important Policies and Events - The Guangdong Provincial Development and Reform Commission announced adjustments to the capacity pricing for coal and gas power plants, effective from January 1, 2026, with coal power set at 165 yuan per kilowatt per year and gas power varying from 165 to 396 yuan depending on the type of gas used [2][16][17]. - The Ningxia Hui Autonomous Region proposed a market-oriented reform plan for new energy pricing, setting a benchmark price for coal-fired power at 0.2595 yuan per kilowatt-hour [2][17]. Sector Research - The National Development and Reform Commission and the National Energy Administration issued guidelines to improve the pricing mechanism for domestic natural gas pipeline transportation, aiming for a unified pricing model and a permitted return rate of approximately 5.7%, down from 8% [3][18][20]. - This new regulation is expected to lower transportation costs for natural gas, benefiting urban gas companies [3][20]. Investment Strategy - Public Utilities: Recommendations include large thermal power companies like Huadian International and Shanghai Electric, as coal and electricity prices are expected to decline [4][21]. - New Energy: Continued government support for new energy development is anticipated to stabilize profitability, with recommendations for leading companies such as Longyuan Power and Three Gorges Energy [4][21]. - Nuclear Power: Expected stable profitability due to growth in installed capacity and generation, with recommendations for China Nuclear Power and China General Nuclear Power [4][21]. - Hydropower: High-dividend hydropower stocks are highlighted for their defensive attributes, with Longjiang Power recommended [4][21]. - Gas: Recommendations include China Resources Gas and Jiufeng Energy, which have strong pricing power and strategic advantages [4][21]. Sector Performance - In July, the public utility sector ranked 30th among 31 sectors, while the environmental sector ranked 22nd [1][15][23]. - The performance of various sub-sectors showed mixed results, with water utilities and gas sectors generally performing better than thermal and hydropower sectors [1][15][24]. Key Company Earnings Forecasts - Huadian International (600027.SH): EPS forecast for 2024A at 0.46 yuan, PE ratio at 11.5 [9]. - Longyuan Power (001289.SZ): EPS forecast for 2024A at 0.75 yuan, PE ratio at 21.8 [9]. - China Nuclear Power (601985.SH): EPS forecast for 2024A at 0.46 yuan, PE ratio at 19.9 [9]. - Longjiang Power (600900.SH): EPS forecast for 2024A at 1.33 yuan, PE ratio at 21.0 [9].

证券日报网讯 中国广核8月4日在互动平台回答投资者提问时表示，公司始终保持在运机组安全稳定运 行，在建项目高质量建设，坚持稳健经营。本次A股可转债扣除发行费用后的募集资金净额用于陆丰 5、6号机组建设，详见公司于7月21日发布的有关公告。公司将继续按计划推进项目建设，确保项目按 期投产发电。公司2025年上半年实现上网电量约1133.6亿千瓦时，同比增长6.93%，为所在省区电力保 供作出贡献。 （编辑 袁冠琳） ...

证券之星消息，8月4日电力板块较上一交易日上涨0.31%，新筑股份领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。电力板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300125 | *ST吟达 | 6.95 | -2.25% | 5.77万 | 1 4017.94万 | | 000803 | 山高环能 | 6.68 | -2.05% | 21.21万 | 1.42亿 | | 601778 | 晶科科技 | 3.11 | -1.89% | 97.34万 | 3.03亿 | | 600930 | 华电新能 | 6.47 | -1.22% | 127.60万 | 8.25亿 | | 002015 | 办整能科 | 11.55 | -1.11% | 38.11万 | 4.39 Z | | 002060 | 广东建工 | 3.65 | -0.82% | 16.04万 | 5842.81万 | | 002616 | 长青集团 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the power and gas sectors, including China Power, Huaneng International, and Kunlun Energy, among others [49][51]. Core Insights - The adjustment of capacity prices for coal and gas power plants in Guangdong is expected to improve profitability for gas power plants significantly, with capacity prices increasing by 65% to 296% depending on the type of gas plant [4][10]. - The rapid development of renewable energy installations in Guangdong has increased the reliance on coal power for flexible peak regulation, with renewable energy capacity reaching 59.13 million kW by the end of 2024, accounting for 26.6% of the total installed capacity [9][10]. - The report highlights the geopolitical factors affecting natural gas prices, with European gas prices experiencing a slight increase due to renewed geopolitical tensions, while U.S. gas prices remain stable [13][20]. Summary by Sections 1. Power Sector - Guangdong has raised the capacity price for coal power plants to 165 RMB per kW per year starting January 1, 2026, and for gas power plants, prices will range from 165 to 396 RMB per kW per year starting August 1, 2025 [8][10]. - The increase in capacity prices is expected to provide annual revenue boosts of 1.72 billion RMB for Guangdong Power A and 350 million RMB for Guangzhou Development [11]. 2. Gas Sector - As of August 1, 2025, the Henry Hub spot price is $3.00/mmBtu, while the TTF spot price in Europe is €32.95/MWh, reflecting a week-on-week increase of 2.74% [13][14]. - The report notes that the domestic LNG price is 4388 RMB per ton, showing a week-on-week decrease of 1.06% [32]. 3. Market Review - The gas sector outperformed the Shanghai and Shenzhen 300 index, while the public utility, power, and environmental sectors lagged behind [39]. 4. Company and Industry Dynamics - The National Energy Administration has released guidelines to enhance the management of natural gas pipeline transportation prices, promoting transparency and optimizing resource allocation [37]. - The report discusses the performance of key companies, including Huaneng International and Inner Mongolia Huadian, with varying revenue and profit trends [44].

金融界8月4日消息，有投资者在互动平台向中国广核提问：尊敬的董秘，您好！请问贵公司最近有没有 资产重组计划在进行，公司效益前景如何？ 公司回答表示：您好！公司管理的20台在建机组中，有8台为控股股东委托管理。根据控股股东的承 诺，委托管理的核电项目将在正式开工建设后六年内并在满足一定注入条件情况下注入上市公司，详见 公司于2024年11月8日及12月23日发布的有关公告。公司正在推动有关核电资产在符合注入条件后注入 公司。如有最新进展，公司将按相关要求进行披露。谢谢关注。 ...