中广核湛江核电有限公司 审计报告及财务报表 2024 年度及 2025 年 1-6 月 信会师报字[2025]第 ZI22273 号 中广核湛江核电有限公司 审计报告及财务报表 (2024 年 01 月 01 日至 2025 年 6 月 30 日止) | | | 目录 | 页次 | | --- | --- | --- | --- | | 1 | 审计报告 | | 1-3 | | i í | 财务报表 | | | | | 资产负债表 | | 1-2 | | | 利润表 | | ო | | | 现金流量表 | | ব | | | 所有者权益变动表 | | 5-6 | | | 财务报表附注 | | 1-24 | 事务所及注册会计师执业资质证明 iii 立信会计师事务所(特殊普通合伙) BDO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 审计报告 信会师报字[2025]第 ZI22273 号 中国广核集团有限公司: 一、审计意见 我们审计了中广核湛江核电有限公司(以下简称湛江核电公司) 财务报表，包括 2024 年 12 月 31 日及 2025 年 6 月 ...

审计报告及财务报表 中广核惠州第二核电有限公司 审计报告及财务报表 2024 年度及 2025 年 1-6 月 信会师报字[2025]第 ZI22275 号 中广核惠州第二核电有限公司 (2024 年 01 月 01 日至 2025 年 6 月 30 日止) | | 目录 | 页次 | | --- | --- | --- | | 审计报告 | | 1-3 | | 财务报表 | | | | 资产负债表 | | 1-2 | | 利润表 | | 3 | | 现金流量表 | | 4 | | 所有者权益变动表 | | 5-6 | | 财务报表附注 | | 1-35 | i í 事务所及注册会计师执业资质证明 立信会计师事务所(特殊普通合伙) DO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTAN 审计报告 信会师报字[2025]第 ZI22275 号 中国广核集团有限公司: 一、审计意见 我们审计了中广核惠州第二核电有限公司(以下简称惠州第二核 电公司)财务报表,包括 2024年 12 月 31 日及 2025 年 6 月 30 日的 资产负债表,2024年度及 2025年1-6 ...

| 证券代码：003816 | 证券简称：中国广核 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：127110 | 债券简称：广核转债 | | 中国广核电力股份有限公司 关于收购惠州核电等四家公司股权暨关联交易的进展公告 二、关联交易进展情况 鉴于本次交易标的公司惠州核电、惠州第二核电、惠州第三核电及湛江核电 原经审计的财务数据基准日为 2025 年 2 月 28 日，根据《深圳证券交易所股票上 市规则》等相关规定，审计基准日距审议本次交易的股东大会召开日不得超过六 个月，为确保股东大会审议期间财务数据处于有效期内，公司聘请立信会计师事 务所（特殊普通合伙）对上述标的公司进行了加期审计，加期后的审计基准日为 2025 年 6 月 30 日。 根据立信会计师事务所（特殊普通合伙）出具的标准无保留意见的《中广核 惠州核电有限公司审计报告及财务报表 2024 年度及 2025 年 1-6 月》（信会师报 字[2025]第 ZI22276 号）、《中广核惠州第二核电有限公司审计报告及财务报表 2024 年度及 2025 年 1-6 月》（信会师报字[2025]第 ZI222 ...

AI基金泓德新能源产业混合发起式A（018029）披露2025年半年报，上半年基金利润46.87万元，加权平均基金份额本期利润0.0444元。报告期内，基金净值 增长率为6.4%，截至上半年末，基金规模为775.64万元。 该基金属于偏股混合型基金，长期投资于先进制造股票。截至9月3日，单位净值为0.858元。基金经理是孙泽宇，目前管理4只基金。其中，截至9月3日，泓 德新能源产业混合发起式A近一年复权单位净值增长率最高，达50.93%；泓德泓益量化混合A最低，为33.99%。 基金管理人在中期报告中表示，上半年经济运行总体平稳，在以旧换新政策带动消费、专项债靠前发力带动投资、抢出口和抢转口带动出口的支撑下，GDP 实现了5.3%的同比增速，在复杂的外部环境下展现较强韧性，高质量发展取得积极进展，为完成全年目标打下了较好的基础。但是出口和消费作为上半年 经济较强表现的主要拉动因素，其在下半年面临一定的不确定性，政策端是否择机进行有效刺激以应对下半年经济动能不足，有待跟踪。 截至9月3日，泓德新能源产业混合发起式A近三个月复权单位净值增长率为27.97%，位于同类可比基金39/171；近半年复权单位净值增长率为 ...

Investment Rating - The report maintains an "Outperform" rating for the public utilities and environmental protection sectors [1][5][20]. Core Views - The construction of the national carbon market is progressing, promoting urban green and low-carbon transformation [1][13]. - The "14th Five-Year Plan" is concluding, while the "15th Five-Year Plan" is in the drafting stage, focusing on energy and electricity policy directions [2][15]. - The report emphasizes the importance of energy security, technological innovation, and green low-carbon development in future policies [16][19]. Summary by Sections Market Review - In August, the CSI 300 index rose by 10.33%, while the public utilities index increased by 2.53% and the environmental index by 5.28% [1][21]. - The environmental sector saw a 5.28% increase, with sub-sectors like thermal power up by 4.69% and new energy generation up by 2.26% [1][22]. Important Events - The Central Committee and State Council issued opinions on advancing green low-carbon transformation and strengthening the national carbon market, aiming for comprehensive coverage of major industrial emissions by 2027 [13][14]. - Policies to promote high-quality urban development include energy conservation and carbon reduction in production sectors [14]. Investment Strategy - Recommendations include major thermal power companies like Huadian International and Shanghai Electric, as well as leading new energy firms such as Longyuan Power and Three Gorges Energy [3][20]. - The report suggests that nuclear power companies like China Nuclear Power and China General Nuclear Power will maintain stable profitability [3][20]. - High-dividend hydropower stocks like Yangtze Power are highlighted for their defensive attributes [3][20]. - In the environmental sector, companies like China Everbright Environment and Zhongshan Public Utilities are recommended due to improving cash flows [3][20]. Key Company Earnings Forecasts and Investment Ratings - Huadian International: Outperform, EPS 0.49 in 2024, PE 10.8 [7]. - Longyuan Power: Outperform, EPS 0.76 in 2024, PE 22.0 [7]. - China Nuclear Power: Outperform, EPS 0.43 in 2024, PE 20.9 [7]. - China Everbright Environment: Outperform, EPS 0.55 in 2024, PE 8.0 [7]. Industry Dynamics - The report notes that the renewable energy sector is expected to grow, with cumulative installed capacity reaching 1.41 billion kilowatts by the end of 2024, a 33.9% year-on-year increase [18]. - The transition to a market-oriented mechanism for renewable energy is highlighted, indicating a shift from guaranteed purchase to market trading [19].

Summary of Key Points Core Viewpoint - On September 2, a total of 33 target price adjustments were made by brokerages for listed companies, with notable increases in target prices for Zhongcai International, Zhucheng Technology, and Guangyun Technology, reflecting significant potential upside in their respective sectors [1][2]. Group 1: Target Price Increases - Zhongcai International received a target price increase of 43.65%, with a new target price of 13.00 yuan [2]. - Zhucheng Technology's target price was raised by 41.51%, now set at 75.00 yuan [2]. - Guangyun Technology saw a target price increase of 35.72%, with a new target price of 22.00 yuan [2]. Group 2: Brokerage Recommendations - A total of 35 listed companies received brokerage recommendations on September 2, with notable mentions including Datang Power and China General Nuclear Power, each receiving one recommendation [3]. - Guangyun Technology's rating was upgraded from "Hold" to "Increase" by CITIC Securities [5]. Group 3: Rating Adjustments - One company, Yihua Tong, had its rating downgraded from "Buy" to "Hold" by Changjiang Securities [6]. - The only company receiving a new coverage rating was Chifeng Gold, which was rated "Buy" by CITIC Securities [7].

东吴证券研报指出，中国广核上半年实现归母净利润59.52亿元，同减16.3%；工程板块毛利较大提升， 核电毛利下滑。2025H1上网电量+8.84%，防城港+大亚湾贡献明显。公司拟收购惠州核电82%、惠州二 核100%、惠州三核100%及湛江核电100%股权，交易对价合计93.75亿元，其中惠州核电/惠州二核交易 价格约为80.23/13.53亿元。截至评估基准日，惠州核电/二核评估净资产为97.84/13.53亿元，对应增值率 17.91%/10.27%，PB约1.18/1.10。交易完成后，公司将新增多个在建及储备核电项目，盈利增长确定性 增强。考虑25年新FCD和核准，2030年前投产规模有望更多。截至2024/12/31，惠州核电、苍南核电仍 在集团体内，随着2025年惠州1号投运，2026年惠州2号和苍南1号投运，集团资产加速注入。维持"买 入"评级。 ...

Market Overview - The Shanghai Composite Index closed at 3858.13 points, slightly down by 0.45%, with a total trading volume of 29,124.23 billion yuan [1]. Stocks Breaking Through Annual Line - A total of 17 A-shares have surpassed their annual line, with notable stocks including: - Sanwei Co., Ltd. (603033) with a deviation rate of 6.83% - Jing Shan Light Machinery (000821) at 4.52% - Jidian Co., Ltd. (000875) at 4.45% [1]. Deviation Rate Rankings - The following stocks have the highest deviation rates from their annual lines: - Sanwei Co., Ltd. (603033): Today's price increased by 10.02% with a turnover rate of 3.44%, latest price at 12.96 yuan [1]. - Jing Shan Light Machinery (000821): Increased by 5.32%, turnover rate of 14.82%, latest price at 12.68 yuan [1]. - Jidian Co., Ltd. (000875): Increased by 6.18%, turnover rate of 7.79%, latest price at 5.50 yuan [1]. Other Stocks with Minor Deviations - Stocks with smaller deviation rates include: - Xiangjiang Holdings (600162) with a minor increase of 1.52% [2]. - Lihu Co., Ltd. (300694) with a deviation rate of 0.07% [1].

Group 1 - The China Securities Index for Public Utilities (000995) increased by 0.89% as of September 2, 2025, with notable gains from Shanghai Electric (600021) up 9.98%, Jilin Electric Power (000875) up 5.98%, and Huaneng Hydropower (600025) up 2.32% [1] - In July, the total electricity consumption in China reached 10,226 billion kilowatt-hours, marking an 8.6% year-on-year increase, with monthly consumption surpassing 1 trillion kilowatt-hours for the first time, indicating strong demand [1] - Dongguan Securities highlighted that the first and third industries, along with urban and rural residential electricity consumption, experienced rapid growth, while the average price of thermal coal decreased year-on-year, benefiting the profitability of thermal power companies [1] Group 2 - As of August 29, 2025, the top ten weighted stocks in the China Securities Index for Public Utilities (000995) include Yangtze Power (600900), China Nuclear Power (601985), and Three Gorges Energy (600905), collectively accounting for 56.01% of the index [2]

证券时报·数据宝统计，截至今日上午收盘，上证综指3844.84点，收于年线之上，涨跌幅为-0.79%，A 股总成交额为19304.44亿元。到目前为止，今日有16只A股价格突破了年线，其中乖离率较大的个股有 吉电股份、中瑞股份、京山轻机等，乖离率分别为5.58%、4.63%、4.52%；长江电力、香江控股、中国 广核等个股乖离率较小，刚刚站上年线。 （文章来源：证券时报网） | 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 000875 | 吉电股 份 | 7.34 | 6.58 | 5.27 | 5.56 | 5.58 | | 301587 | 中瑞股 份 | 6.28 | 12.19 | 23.30 | 24.38 | 4.63 | | 000821 | 京山轻 机 | 5.32 | 12.35 | 12.13 | 12.68 | 4.52 | | 000564 | 供销大 集 | 9.84 ...