Financial Performance - In 2023, the company's power generation revenue was 654 million, with a gross margin of nearly 40% [2] - In 2024, power generation revenue is projected to be 787 million, but the gross margin is expected to drop to 30% due to an increase in lower-margin biomass power generation projects [2] - The company aims to achieve a turnaround in non-recurring profit in 2024 after a loss in 2023 [1] Business Development - The company has a target of adding 100-200 MW of new energy station projects in 2025 [6] - As of the end of 2024, the company has over 2,500 MW of renewable energy stations under construction or operation [20] - The company’s smart distribution network business achieved a revenue of 486 million in 2024, a year-on-year increase of 20.26% [54] Market Position and Strategy - The company has established partnerships with numerous state-owned enterprises for wind and solar power projects [3] - The company’s asset-liability ratio for 2024 is 65.72%, which is considered reasonable [7] - The company plans to enhance investor relations management and aims to conduct at least five investor engagement activities in 2025 [18] Challenges and Risks - The company faced a net loss of 604 million in 2024, primarily due to industry policy changes, raw material price fluctuations, and goodwill impairment [39] - The company has nearly 1 billion in receivables from renewable energy subsidies as of the end of 2024 [54] - The biomass power generation sector is experiencing challenges, including fuel shortages and price volatility, impacting profitability [39] Future Outlook - The company is focusing on integrating its supply chain and enhancing digital capabilities to drive innovation and growth [12] - In 2025, the company aims to improve operational efficiency and profitability through strategic adjustments in its biomass projects [43] - The company is committed to developing a "zero-carbon" model for towns and industrial parks by the end of the 14th Five-Year Plan [74]

哈尔滨九洲集团股份有限公司 关于参加黑龙江辖区上市公司 2025 年投 | 证券代码：300040 | 证券简称：九洲集团 公告编号：2025-052 | | --- | --- | | 债券代码：123089 | 债券简称：九洲转2 | 哈尔滨九洲集团股份有限公司 2025年05月12日 5 资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，哈尔滨九洲集团股份有限公司（以 下简称"公司"）将参加由黑龙江省上市公司协会与深圳市全景网络有限公司 联合举办的"2025 年黑龙江辖区上市公司投资者集体接待日活动"，现将相 关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）；或关注微信公众号（名称：全景财经）；或下载全景 路演APP,参与本次互动交流。活动时间为2025年5月14日（周三）14:00-16:30。 届时公司高管将在线就公司 2024 年度业绩、公司治理、发展战略、 经营状况、 融资计划、股权激励和可持续发展等投资者关心的问题 ...

持有公司股份251,980股(占本公司总股本比例0.0418%)的股东卢志国计划在公告披露之日起15个交易日 后的3个月内(即2025年6月3日至2025年9月2日)以集中竞价方式减持公司股份62,995股(占公司总股本比 例0.0104%)。 | 股东类别 | 股东名称 | 持股数量 | 占公司总股本 比例 (%) | | --- | --- | --- | --- | | 实际控制人的一致行动人 | 上海牧鑫私募基金管理有限公司一牧 鑫天泽汇 3 号私募证券投资基金 | 10,639,181 | 1.7644 | | 董事、高级管理人员 | 李斌 | 251,980 | 0.0418 | | 高级管理人员 | 卢志国 | 251,980 | 0.0418 | 中国经济网北京5月12日讯九洲集团（300040）(300040.SZ)近日披露了关于股东减持计划的预披露公 告。 据九洲集团公告，持有公司股份10,639,181股(占公司总股本比例1.7644%)的实际控制人的一致行动人上 海牧鑫私募基金管理有限公司-牧鑫天泽汇3号私募证券投资基金计划在公告披露之日起15个交易日后的 3个月内(即2025年6月3 ...

Market Performance - The ChiNext Index fell by 0.87%, closing at 2011.77 points, with a total trading volume of 336.03 billion yuan, a decrease of 39.79 billion yuan from the previous trading day [1] - Among the tradable ChiNext stocks, 190 stocks closed higher, with 5 stocks hitting the daily limit up, while 1164 stocks closed lower, with 2 stocks declining over 10% [1] Turnover Rate - The average turnover rate for the ChiNext today was 3.72%, with 26 stocks having a turnover rate exceeding 20% [1] - The stock with the highest turnover rate was Xinlei Co., which closed up by 19.82% with a turnover rate of 65.89% and a trading volume of 0.941 billion yuan [1] Sector Analysis - In terms of sector performance, the mechanical equipment sector had the most stocks with a turnover rate exceeding 20%, followed by the defense and military industry and basic chemicals, each with 4 stocks [2] Institutional Activity - Among the high turnover stocks, 5 were listed on the Dragon and Tiger List, with institutional participation noted in 4 of them [2] - Jiuzhou Group saw a net institutional buy of 3.7684 million yuan, while Huawu Co. experienced a net institutional sell of 12.621 million yuan [2] Capital Flow - In the high turnover stocks, 9 experienced net inflows of main funds, with the highest inflows seen in Kela Software, Shuo Bei De, and Shaanxi Huada, amounting to 513 million yuan, 86.83 million yuan, and 60.29 million yuan respectively [3] - Conversely, Tianyuan Dike, Huawu Co., and Jinlong Electromechanical had the largest net outflows, totaling 297 million yuan, 282 million yuan, and 115 million yuan respectively [3] Earnings Forecast - Among the high turnover stocks, only one stock announced a performance forecast for the first half of the year, with a projected net profit increase of 4.72% for Zhongjie Automobile [3]

九洲集团（300040）公告，实际控制人的一致行动人上海牧鑫私募基金管理有限公司-牧鑫天泽汇3号私 募证券投资基金计划在2025年6月3日至2025年9月2日期间，以集中竞价或大宗交易方式减持不超过 1063.92万股，占公司总股本的1.7644%。此外，股东李斌和卢志国分别计划减持62995股，各占公司总 股本的0.0104%。减持原因系股东自身资金需求。 ...

1、持有哈尔滨九洲集团股份有限公司（以下简称"公司"或"本公司"）股 份 10,639,181 股（占本公司总股本比例 1.7644%）的实际控制人的一致行动人上 海牧鑫私募基金管理有限公司－牧鑫天泽汇 3 号私募证券投资基金计划在本公 告披露之日起 15 个交易日后的 3 个月内（即 2025 年 6 月 3 日至 2025 年 9 月 2 日）以集中竞价方式，或者在本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 6 月 3 日至 2025 年 9 月 2 日）以大宗交易方式减持本公司股份 10,639,181 股（占本公司总股本比例 1.7644%）。 2、持有本公司股份 251,980 股（占本公司总股本比例 0.0418%）的股东李斌 先生计划在本公告披露之日起 15 个交易日后的 3 个月内（即 2025 年 6 月 3 日至 2025 年 9 月 2 日）以集中竞价方式减持本公司股份 62,995 股（占本公司总股本 比例 0.0104%）。 3、持有本公司股份 251,980 股（占本公司总股本比例 0.0418%）的股东卢志 国先生计划在本公告披露之日起 15 个交易日后的 ...

Group 1: Company Overview - Jiuzhou Group was founded in 1993, focusing on smart distribution networks and energy sectors, and is a leading provider of new power and energy infrastructure [2] - The company is a national key high-tech enterprise and was successfully listed on the ChiNext in 2010 (stock code: 300040) [2] - Jiuzhou Group has established three core business segments: smart distribution networks, new energy, and comprehensive energy services, managed by three business groups with over 40 subsidiaries across multiple provinces [3] Group 2: Business Performance - As of December 2024, the company has constructed, controlled, and held renewable energy power station capacity exceeding 2.7 GW, with projects under construction and approved capacity of 1 GW, and developing projects with rights capacity exceeding 2 GW [4] - The order amount for smart distribution network equipment in 2024 exceeded 800 million yuan, a year-on-year increase of over 30% [5] - By the first quarter of 2025, the company had won bids amounting to over 260 million yuan, setting a historical record for the same period [5] Group 3: Future Growth and Strategy - The company aims to enhance the performance of its smart equipment manufacturing segment, focusing on increasing capacity utilization and gross margins through market expansion and R&D investment [4] - Management is optimistic about future growth due to the recovery of the power distribution industry and the transition of many clean energy projects from development to construction phases [6] - The company plans to build an overseas sales team and direct export capabilities starting in the third quarter of 2024, targeting markets in the Far East, ASEAN countries, and BRICS nations [7] Group 4: Renewable Energy Projects - The company holds wind power assets with an installed capacity of 246 MW, an increase of 100 MW compared to the previous year, and photovoltaic power assets with a capacity of 298.6 MW, remaining unchanged [8] - The company has over 300 MW of distributed wind power indicators and has secured assets for heating projects in four towns and two distributed wind projects [13] - The company has ongoing and reserved projects with a total capacity of over 1 GW, with an additional 2 GW to 3 GW in the development phase, ensuring sustained growth for the renewable energy business over the next 3 to 5 years [14] Group 5: Financial Considerations - The company requires a minimum project return rate of 8% when making investment decisions [11] - In 2024, the company recorded a fixed asset impairment loss of 422 million yuan and an investment income loss of 68 million yuan related to biomass power generation due to various operational challenges [13]

Core Viewpoint - The A-share power sector experienced significant upward movement, with Jin控电力 hitting the daily limit, followed by previous gains from 淮河能源 and other companies in the sector [1] Company Summary - Jin控电力 reached the daily limit on its stock price, indicating strong investor interest and confidence in the company [1] - 淮河能源 also previously hit the daily limit, showcasing its robust performance in the market [1] - Other companies such as 华电辽能, 九洲集团, 大唐发电, and 豫能控股 also saw increases in their stock prices, reflecting a broader positive trend in the power sector [1]

Group 1 - The company, Jiuzhou Group, has recently won a bid for a project with Keke Dala Jinhai Biotechnology Co., Ltd. [1] - The project involves the procurement of low-voltage cabinets and auxiliary equipment for a 600,000-ton corn deep processing facility, specifically for amino acid fermentation and starch sugar workshops [1] - The total bid amount for this project is 12.7929 million yuan [1]

| 300611 | 美力科技 | 29.32 | 22.48 | 3.68 | | --- | --- | --- | --- | --- | | 300040 | 九洲集团 | 7.51 | 22.42 | 5.92 | | 002860 | 星帅尔 | 13.04 | 22.39 | 10.04 | | 301479 | 弘景光电 | 141.43 | 22.37 | 1.51 | | 300994 | 久祺股份 | 17.10 | 22.24 | 9.27 | | 002261 | 拓维信息 | 35.18 | 22.12 | 5.65 | | 603120 | 肯特催化 | 36.53 | 21.98 | 3.16 | | 002278 | 神开股份 | 8.33 | 21.80 | 5.04 | | 831856 | 浩淼科技 | 28.89 | 21.78 | 11.80 | | 832876 | 慧为智能 | 36.40 | 21.68 | 30.00 | | 001256 | 炜冈科技 | 23.74 | 21.63 | 3.40 | | 301277 | 新天地 | 12.18 | 21. ...