Financial Performance - The total operating revenue for Q1 2025 was approximately RMB 20.03 billion, representing a 4.41% increase compared to RMB 19.18 billion in the same period last year[10]. - The net profit attributable to shareholders for Q1 2025 was approximately RMB 3.03 billion, a decrease of 16.07% from RMB 3.60 billion in the previous year[10]. - The total profit for Q1 2025 was approximately RMB 5.86 billion, a decrease of 7.63% compared to the previous year[14]. - The basic earnings per share for Q1 2025 were RMB 0.060, down 15.49% from RMB 0.071 in the same period last year[10]. - The company reported a total comprehensive income of ¥4,663,375,614.92, down from ¥5,374,564,650.25, a decrease of 13.19%[31]. Cash Flow - The net cash flow from operating activities decreased by 64.88% to approximately RMB 1.96 billion, down from RMB 5.58 billion in the same period last year[10]. - Cash flow from operating activities decreased by 64.88% to RMB 196,115.71 million, primarily due to reduced cash income from construction and installation business[21]. - Cash inflow from operating activities totaled 21,817,562,078.72, down 8.0% from 23,686,960,843.42[33]. - Cash outflow from operating activities increased to 19,856,404,996.80, up 9.7% from 18,102,845,195.82[33]. - Net cash flow from financing activities was 5,059,168,081.68, an increase of 239.5% compared to 1,487,886,096.98[34]. Assets and Liabilities - The total assets at the end of Q1 2025 were approximately RMB 432.40 billion, a 1.32% increase from RMB 425.40 billion at the end of the previous year[10]. - Total liabilities rose to ¥258,072,117,186.71, up from ¥253,240,175,036.67, indicating an increase of 1.54%[29]. - The total equity attributable to the parent company increased to ¥122,490,498,850.18, compared to ¥120,639,390,965.89, reflecting a growth of 1.54%[29]. Research and Development - Research and development expenses surged by 158.45% to RMB 29,248.89 million, mainly due to differences in R&D progress[18]. - Research and development expenses for the current period were ¥292,488,890.41, significantly higher than ¥113,170,439.66 in the previous period, representing an increase of 158.96%[30]. Investments and Financing - Investment income received increased significantly to RMB 29,543.75 million, reflecting dividends declared by associates[21]. - The company reported a cash dividend of RMB 0.95 per share, subject to shareholder approval, expected to be distributed around July 3, 2025[25]. - The company received approval for the issuance of convertible bonds to unspecified investors, enhancing its capital structure[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 239,940, with 58.89% of shares held by China General Nuclear Power Corporation[22]. - The company has not identified any participation of the top ten shareholders in margin financing and securities lending activities[23].

Financial Performance - The company's operating revenue for Q1 2025 was approximately RMB 20.03 billion, representing a 4.41% increase compared to RMB 19.18 billion in the same period last year[5]. - The net profit attributable to shareholders for Q1 2025 was approximately RMB 3.03 billion, a decrease of 16.07% from RMB 3.60 billion in the previous year[5]. - The company reported a total profit of approximately RMB 5.86 billion for Q1 2025, a decrease of 7.63% from the previous year[9]. - The company's operating profit decreased to ¥5,856,509,510.14 from ¥6,334,361,764.36, representing a decline of approximately 7.5% year-over-year[26]. - Net profit attributable to the parent company was ¥3,025,561,686.06, down from ¥3,604,826,497.60, reflecting a decrease of about 16%[26]. - The total comprehensive income for the period was ¥4,663,375,614.92, compared to ¥5,374,564,650.25 in the previous period, indicating a decline of approximately 13.2%[26]. - The basic and diluted earnings per share decreased to ¥0.060 from ¥0.071, reflecting a decline of approximately 15.5%[26]. - The company reported a decrease in sales revenue from cash received for goods sold and services provided, totaling ¥20,931,365,623.20, down from ¥22,841,771,292.00, a decline of about 8.4%[28]. Cash Flow and Investments - The cash flow from operating activities for Q1 2025 was approximately RMB 1.96 billion, down 64.88% from RMB 5.58 billion in the same period last year[5]. - Operating cash flow decreased by 64.88% to CNY 196,115.71 million compared to CNY 558,411.56 million in the same period last year, primarily due to reduced cash income from construction and installation business[16]. - Cash flow from operating activities generated a net amount of ¥1,961,157,081.92, significantly lower than ¥5,584,115,647.60 from the previous year, a decrease of about 64.8%[28]. - Cash flow from investing activities resulted in a net outflow of ¥4,887,166,265.63, worsening from a net outflow of ¥2,495,523,735.14 in the prior period[28]. - Cash flow from financing activities showed a net inflow of ¥5,059,168,081.68, an increase from ¥1,487,886,096.98 year-over-year[29]. - The company’s short-term borrowings increased by 54.80% to RMB 26.73 billion, primarily due to operational and investment needs[11]. - Cash received from obtaining loans increased by 71.40% to CNY 3,597,251.31 million, compared to CNY 2,098,691.70 million, driven by the need for additional borrowing for operations and investments[16]. - Cash paid for fixed assets and other long-term assets increased by 53.15% to CNY 510,925.25 million, compared to CNY 333,621.32 million, mainly due to increased investment in ongoing nuclear power projects[16]. - Cash paid for investment activities decreased by 100% to CNY 0.00 million, reflecting a reduction in cash payments for investment projects[16]. Research and Development - Research and development expenses increased by 158.45% to RMB 292.49 million, primarily due to differences in R&D progress[13]. - Research and development expenses increased significantly to ¥292,488,890.41, compared to ¥113,170,439.66 in the previous period, reflecting a focus on innovation[25]. Assets and Liabilities - The company's total assets at the end of Q1 2025 were approximately RMB 432.40 billion, reflecting a 1.32% increase from RMB 425.40 billion at the end of the previous year[5]. - The total assets increased to ¥432,399,845,774.38 from ¥426,754,513,641.82, showing a growth of approximately 1.52%[24]. - The total liabilities increased to ¥258,072,117,186.71 from ¥253,240,175,036.67, reflecting a rise of about 1.54%[24]. - The equity attributable to shareholders of the parent company rose to ¥122,490,498,850.18 from ¥120,639,390,965.89, indicating a growth of 1.53%[24]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 239,940, with 58.89% held by China General Nuclear Power Corporation[17]. - The top ten shareholders collectively hold 99.09% of the shares, with the largest shareholder owning 29,736,876,375 shares[18]. - The board proposed a cash dividend of CNY 0.95 per 10 shares, pending approval at the 2024 annual general meeting, with expected distribution around July 3, 2025[20]. Operational Metrics - The total electricity generated by the company's nuclear power units was approximately 56.69 billion kWh, an increase of 9.41% year-on-year[9].

中国广核（003816）公告，2025年第一季度营业收入为200.28亿元，同比增长4.41%；净利润为30.26亿 元，同比下降16.07%。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 中国广核电力股份有限公司（以下简称"公司"）向不特定对象发行A股可转换公司债券事项已于2025年 2月13日获得深圳证券交易所上市审核委员会审核通过，并于2025年3月19日收到中国证券监督管理委员 会出具的《关于同意中国广核电力股份有限公司向不特定对象发行可转换公司债券注册的批复》（证监 许可〔2025〕479号）。 鉴于公司已于2025年3月26日披露了《2024年年度报告》，根据有关审核要求和本次发行进展实际情 况，公司会同相关中介机构对募集说明书等文件中涉及的财务数据及其他变动事项进行了同步更新，具 体内容详见公司于2025年4月22日在巨潮资讯网（www.cninfo.com.cn）披露的相关文件。 关于向不特定对象发行可转换公司债券募集说明书等文件更新的提示性公告 中国广核电力股份有限公司董事会 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、误导性陈述或者重大遗 漏。 公司将根据本次向不特定对象发行可转换公司债券事项的进展情况，严格按照有关法律法规的规定和要 求及时履行信息披露义务，敬请广大投资者注意投资风险。 证券代码：0 ...

中国广核（003816）电力股份有限公司（以下简称"中国广核"）依托"华龙一号"技术矩阵，推动"华龙 一号"实现核电整机设备100%国产化；中航成飞（302132）股份有限公司（以下简称"中航成飞"）通 过"百团大战"创新模式，实现歼-20、无人机等尖端装备的迭代突破；广西柳工（000528）机械股份有 限公司（以下简称"柳工"）从965EHD的省油革命到990F的跨级配置创新，以硬核实力诠释中国智造， 逐梦科技星辰。 上述中国广核相关负责人对《证券日报》记者表示："核电作为技术密集型、资金密集型产业，可持续 的高质量发展离不开科技创新和资本市场的支撑。" 2025年《政府工作报告》明确提出，因地制宜发展新质生产力，加快建设现代化产业体系。推动科技创 新和产业创新融合发展，大力推进新型工业化，做大做强先进制造业，积极发展现代服务业，促进新动 能积厚成势、传统动能焕新升级。 正是在此背景下，以中国广核为代表的深市企业，正努力将"关键核心技术自主可控"的理念转化为生动 实践。 中航成飞相关负责人对《证券日报》记者表示，作为航空制造领军企业，公司始终锚定高水平科技自立 自强，始终坚持市场化导向，充分发挥企业创新主体 ...

拥有自主核电技术，是我国从核电大国迈向核电强国的前提。基于此前数十年核电建设积累的经验、人 才和资源，中国广核及合作伙伴积极推进我国自主三代核电技术的研发，以"十年磨一剑"的坚定执着， 成功推出与国际三代核电技术同台竞技的大国重器"华龙一号"。"华龙一号"也成为了与高铁齐名的"国 家名片"。 中国广核（003816）依托"华龙一号"技术矩阵，带动5400多家上下游企业实现400多项关键设备国产 化，推动"华龙一号"实现核电整机设备100%国产化。 中航成飞（302132）通过"百团大战"创新模式，打破研发壁垒，实现歼-20、无人机等尖端装备的迭代 突破，推动我国空军现代化加速前行。 柳工（000528）则在工程机械领域一骑绝尘，从965EHD的省油革命，到990F的跨级配置创新，连续三 年荣膺"金口碑奖"，以硬核实力诠释中国智造巅峰。 在科技与产业深度融合的新时代浪潮中，中国广核、中航成飞、柳工等作为深市"大国重器"的标杆企 业，正以硬核创新驱动产业链升级，逐梦科技星辰，共同演绎着中国智造从跟跑到领跑的创新范式。 据介绍，"十四五"规划以来，中航成飞持续加大研发经费投入，推动关键核心技术自主攻关，通过多年 创 ...

中国广核电力股份有限公司 关于向不特定对象发行可转换公司债券募集说明书等文件 更新的提示性公告 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、误导性陈述或者重大遗漏。 中国广核电力股份有限公司（以下简称"公司"）向不特定对象发行 A 股可 转换公司债券事项已于 2025 年 2 月 13 日获得深圳证券交易所上市审核委员会 审核通过，并于 2025 年 3 月 19 日收到中国证券监督管理委员会出具的《关于同 意中国广核电力股份有限公司向不特定对象发行可转换公司债券注册的批复》 （证监许可〔2025〕479 号）。 证券代码：003816 证券简称：中国广核 公告编号：2025-032 公司将根据本次向不特定对象发行可转换公司债券事项的进展情况，严格按 照有关法律法规的规定和要求及时履行信息披露义务，敬请广大投资者注意投资 风险。 特此公告。 中国广核电力股份有限公司董事会 2025 年 4 月 22 日 鉴于公司已于 2025 年 3 月 26 日披露了《2024 年年度报告》，根据有关审核 要求和本次发行进展实际情况，公司会同相关中介机构对募集说明书等文件中涉 及的财务数据及其他 ...

股票简称：中国广核 股票代码：003816 中国广核电力股份有限公司 （CGN Power Co., Ltd.） （中国广东省深圳市福田区深南大道 2002 号中广核大厦南楼 18 楼） 向不特定对象发行 A 股可转换公司债券 并在主板上市 募集说明书 （注册稿） 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金小镇 B7 栋 401） 公告日期：2025 年 4 月 中国广核电力股份有限公司 向不特定对象发行 A 股可转换公司债券并在主板上市募集说明书 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申请 文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反 的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发 行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承 担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资风险。 1-1-1 中国广核电力股份有限公司 向不特定对象发行 A 股可转换公司 ...

关于中国广核电力股份有限公司 向不特定对象发行 A 股可转换公司债券 并在主板上市之 发行保荐书 保荐人（主承销商） （深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金小镇 B7 栋 401） 发行保荐书 华泰联合证券有限责任公司 关于中国广核电力股份有限公司 向不特定对象发行 A 股可转换公司债券 并在主板上市之发行保荐书 中国广核电力股份有限公司（以下简称"发行人"、"公司"、"上市公司"） 申请向不特定对象发行 A 股可转换公司债券并在主板上市（以下简称"本次发 行"、"本次可转债"），依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司证券发行注册管 理办法》（以下简称"《注册管理办法》"）等相关的法律、法规的有关规定，提交 发行申请文件。华泰联合证券有限责任公司（以下简称"华泰联合证券"、"保荐 人"）作为其本次发行的保荐人，吉余道和吴昊作为具体负责推荐的保荐代表人， 特为其出具本发行保荐书。 保荐人华泰联合证券、保荐代表人吉余道和吴昊承诺：本保荐人和保荐代表 人根据《公司法》《证券法》等有关法律、法规和中国证券监督管理 ...

要点 可再生能源的快速发展暴露了电网瓶颈。通过核能提升基荷电力、利用煤炭增强灵活性，对中国的能源转型至关重要。 我们预计在可预见的未来，由于人工智能的普及和电气化进程，中国的电力需求增长将超过 GDP 增长。 我们首次覆盖中国核能行业的四只股票：中国核能电力股份有限公司(买入评级)、东方电气（600875）股份有限公司(买入评级)、中广核 矿业有限公司(买入评级)、中国广核（003816）电力股份有限公司(中性评级)。 快速发展的可再生能源暴露电网基础设施瓶颈 在过去十年间，中国可再生能源迅速扩张，太阳能和风能发电量增长了五倍，单位 GDP 能耗下降了 26%。然而，这种快速增长也暴露 了中国电网基础设施和运营灵活性方面的关键瓶颈。可再生能源发电能力与电网吸纳能力之间的不匹配，导致电力限发问题持续存在， 并威胁到电网的稳定性。 人工智能和电气化推动中国电力需求增长 自 2018 年以来，中国的电力需求增长一直超过 GDP 增长。展望未来，我们认为尽管经济转型和全球贸易动荡可能会减缓电力需求，但 电气化程度的提高(电动汽车的持续普及)和人工智能的进步(如悟道大模型的出现)将从结构上推动中国电力需求的增长。 首次 ...