关于终止重大资产重组的提示性公告 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。 一、本次筹划的重大资产重组基本情况 证券代码：300062 证券简称：中能电气 公告编号：2025-092 中能电气股份有限公司 中能电气股份有限公司（以下简称"公司"或"上市公司"）分别于 2025 年 12 月 5 日、2025 年 12 月 23 日召开第六届董事会第三十次会议及 2025 年第 一次临时股东大会，审议通过《关于参与竞拍山东达驰电气有限公司、山东达驰 高压开关有限公司、水发驰翔电气（山东）有限公司 65%股权及转让方对标的企 业享有的债权的议案》。为深度契合公司产品由中压向高压领域延伸的战略布局， 突破高压核心技术与市场资源壁垒，提升公司综合竞争水平，公司拟通过在山东 产权交易中心摘牌并支付现金的方式收购山东达驰电气有限公司、山东达驰高压 开关有限公司、水发驰翔电气（山东）有限公司 65%股权及转让方对标的企业享 有的债权。交易对方为山东城翔产业投资合伙企业（有限合伙）、山东水发电力 集团有限公司。股东大会同意授权董事会或经营层按相关规则及程序，根据交易 实 ...

证券代码：300062 证券简称：中能电气 公告编号：2025-091 中能电气股份有限公司 第七届董事会第二次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、董事会会议召开情况 中能电气股份有限公司（以下简称"公司"、"本公司"）第七届董事会第 二次会议于2025年12月30日11:00于福州市仓山区金山工业区金洲北路20号公司 会议室以现场结合通讯的方式召开。根据《公司章程》规定，全体董事一致同意 豁免本次会议通知时限，同时召集人在会上作出了说明。本次会议应出席董事7 人，实际出席董事7人。公司高级管理人员列席了本次会议。会议由董事长陈添 旭先生召集并主持，本次会议的召集、召开和表决程序符合《中华人民共和国公 司法》《深圳证券交易所创业板股票上市规则》及本公司《章程》等有关规定， 会议合法、有效。 二、董事会会议审议情况 审议通过《关于终止重大资产重组的议案》 合格竞买方摘牌受让，据此，公司决定终止筹划本次交易事项。 表决结果：同意 7 票，反对 0 票，弃权 0 票。 具体内容详见公司同日披露在中国证监会指定的创业板信息披露网站巨潮 资讯 ...

Group 1 - The core viewpoint of the news is that Zhongneng Electric's stock has experienced fluctuations, with a notable decline of 2.02% on December 30, 2023, and a year-to-date increase of 56.63% [1] - As of December 30, 2023, Zhongneng Electric's stock price is reported at 9.21 yuan per share, with a total market capitalization of 5.802 billion yuan [1] - The company has seen significant trading activity, with a net outflow of 5.4517 million yuan in principal funds and a total trading volume of 126 million yuan on the same day [1] Group 2 - Zhongneng Electric, established on December 2, 2002, and listed on March 19, 2010, specializes in the development, manufacturing, and sales of power cable distribution systems for voltage levels of 35kV and below [2] - The company's main business revenue composition includes 87.99% from smart grid products, 8.41% from power construction services, 2.18% from photovoltaic power generation services, and 1.42% from other services [2] - As of September 30, 2025, Zhongneng Electric reported a revenue of 957 million yuan, a year-on-year decrease of 4.30%, while the net profit attributable to shareholders increased by 223.05% to 5.1124 million yuan [2] Group 3 - Zhongneng Electric has distributed a total of 130 million yuan in dividends since its A-share listing, with 16.7273 million yuan distributed over the past three years [3] - As of September 30, 2025, the company had 28,200 shareholders, a decrease of 9.22% from the previous period, with an average of 13,692 circulating shares per shareholder, an increase of 10.15% [2][3] - Notable institutional holdings include Huaxia CSI 500 Index Enhanced A as the eighth largest shareholder with 2.7408 million shares, and Jinyuan Shun'an Yuanqi Flexible Allocation Mixed Fund as the ninth largest shareholder with 2.2950 million shares, which increased by 157,400 shares from the previous period [3]

Group 1 - The core point of the article is that Zhongneng Electric (300062) has announced the early redemption of its 400 million yuan convertible bonds, with only 6.35% of the raised funds allocated to new energy storage and research center projects [1] - The company plans to change the use of the remaining raised funds, totaling 254 million yuan, to permanently supplement its working capital, pending approval from the shareholders' meeting [1] - The projects that the company intends to terminate are related to popular concepts this year, such as new energy storage and charging piles [1] Group 2 - The storage index from Tonghuashun (300033) has seen a significant increase since April, rising from a low of 1489.71 points to a high of 2502.54 points in August, marking a maximum increase of 68% [1] - The charging pile index from Tonghuashun also experienced growth, increasing from 3859.06 points in April to 6451.82 points in November, with a maximum increase of 67.2% [1] - The company's stock price surged by 78.09% over four trading days from November 4 to November 7, triggering the conditional redemption clause of the convertible bonds [1]

Core Viewpoint - Zhongneng Electric has announced the early redemption of its 400 million yuan convertible bonds issued in 2023, with only 6.35% of the raised funds allocated to the new energy storage and charging projects, despite the market's enthusiasm for these sectors [1][3]. Fundraising and Investment Allocation - The company issued 4 million convertible bonds at a face value of 100 yuan each, raising a total of 400 million yuan, with a net amount of 395 million yuan after deducting issuance costs [1]. - The initial fundraising plan included three projects: 200 million yuan for the new energy storage project, 80 million yuan for the R&D center, and 120 million yuan for working capital [2]. - As of December 15, only 18.61 million yuan and 6.78 million yuan were invested in the new energy storage and R&D center projects, respectively, while the working capital was fully utilized [3]. Market Trends and Company Strategy - The new energy storage sector has seen significant growth, with the storage index rising 68% from April to August, and the charging pile index increasing by 67.2% in the same period [3][4]. - Despite the positive market outlook, Zhongneng Electric plans to terminate the new energy storage project due to emerging challenges in the macroeconomic environment and the renewable energy sector [5]. - The company reported a net profit of -77.52 million yuan in 2024, a decline of 248.51% from 2023, prompting a shift in strategy from expansion to a more cautious approach [5]. Stock Performance and Convertible Bonds - The company's stock price surged by 78.09% from November 4 to November 7, triggering the conditional redemption clause for the convertible bonds, leading to the conversion of most bonds into shares [6][7]. - As of December 15, 19,978 bonds remained unconverted, which were redeemed at 100.01 yuan each, totaling approximately 199,780 yuan [7]. Company Overview - Zhongneng Electric specializes in smart grid equipment manufacturing and new energy operations, offering products such as smart grid solutions, photovoltaic services, energy storage, and charging services [8].

Market Overview - The grid equipment sector increased by 1.12% compared to the previous trading day, with HeShun Electric leading the gains [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] Stock Performance - HeShun Electric (300141) closed at 12.75, up 10.39% with a trading volume of 222,300 shares and a transaction value of 272 million yuan [1] - Changjiang Cable (001208) closed at 23.16, up 10.02% with a trading volume of 1,327,800 shares and a transaction value of 2.915 billion yuan [1] - Tongda Co. (002560) closed at 10.67, up 10.00% with a trading volume of 387,300 shares and a transaction value of 401 million yuan [1] - Jingda Co. (600577) closed at 12.21, up 10.00% with a trading volume of 2,068,600 shares and a transaction value of 2.477 billion yuan [1] - Zhezhong Co. (002346) closed at 19.62, up 9.98% with a trading volume of 103,500 shares [1] Capital Flow - The grid equipment sector experienced a net outflow of 634 million yuan from institutional investors and a net outflow of 171 million yuan from speculative funds, while retail investors saw a net inflow of 805 million yuan [2] - The capital flow for key stocks in the grid equipment sector indicates varying levels of institutional and retail investor activity [3]

Core Viewpoint - Zhongneng Electric plans to acquire 65% stakes and corresponding debts in three companies for a total consideration of 857 million yuan, despite facing significant financial challenges and a recent history of losses [1][2]. Financial Performance - In 2024, Zhongneng Electric reported a revenue of 1.148 billion yuan, a sharp decline of 30.85% year-on-year, with a net loss of 77.5264 million yuan [1]. - The company's performance ranked 112th in net profit among its peers, indicating a weak position in the industry [1]. - In 2025, the company showed slight improvement with a revenue of 957 million yuan in the first three quarters, down 4.30% year-on-year, and a net profit of 5.1124 million yuan, largely due to a strong third quarter [1]. - Despite the profit in the third quarter, the net cash flow from operating activities was -156 million yuan, indicating weak cash generation capabilities [1]. Acquisition Details - The acquisition involves three companies primarily engaged in the research, production, and sales of high-voltage transformers and switches, with a combined revenue of 1.154 billion yuan in 2024 [2]. - Two of the target companies reported losses in the first ten months of the year, raising concerns about the viability of the acquisition [2]. - The company has a cash reserve of 661 million yuan as of September 30, 2025, which is insufficient to cover the acquisition cost without considering potential premiums [2]. Market Context - The high-voltage equipment market is becoming increasingly competitive, with other companies like Huaming Equipment achieving over 30% of their revenue from overseas [3]. - Zhongneng Electric's target companies have a concentrated customer base primarily consisting of State Grid and major industry clients, which may limit their risk resilience [3]. Strategic Implications - The acquisition is seen as a potential way to fill gaps in Zhongneng Electric's high-voltage segment and enhance market share through synergies [3]. - However, the decision to invest all cash reserves in acquiring loss-making assets raises questions about the company's risk management strategy [4].

Group 1 - The core viewpoint of the news is that Zhongneng Electric's stock has experienced significant fluctuations, with a year-to-date increase of 71.26% and a recent decline of 2.04% on December 25 [1] - As of December 25, Zhongneng Electric's stock price is reported at 10.07 yuan per share, with a total market capitalization of 6.343 billion yuan [1] - The company has seen a net outflow of main funds amounting to 20.10 million yuan, with large orders showing a buy of 62.04 million yuan and a sell of 82.45 million yuan [1] Group 2 - Zhongneng Electric, established on December 2, 2002, and listed on March 19, 2010, specializes in the development, manufacturing, and sales of power cable distribution systems for voltage levels of 35kV and below [2] - The company's main business revenue composition includes 87.99% from smart grid products, 8.41% from power construction services, 2.18% from photovoltaic power generation services, and 1.42% from other services [2] - As of September 30, 2025, Zhongneng Electric reported a revenue of 957 million yuan, a year-on-year decrease of 4.30%, while the net profit attributable to shareholders increased by 223.05% to 5.1124 million yuan [2] Group 3 - Zhongneng Electric has distributed a total of 130 million yuan in dividends since its A-share listing, with 16.7273 million yuan distributed over the past three years [3] - As of September 30, 2025, the top ten circulating shareholders include new shareholder Huaxia CSI 500 Index Enhanced A, holding 2.7408 million shares, and Jinyuan Shun'an Yuanqi Flexible Allocation Mixed Fund, which increased its holdings by 157,400 shares to 2.295 million shares [3]

Market Overview - As of December 24, the Shanghai Composite Index closed at 3940.95 points, up by 20.97 points, representing a 0.53% increase [1] - The Shenzhen Component Index closed at 13486.42 points, up by 117.43 points, with a 0.88% increase [1] - The ChiNext Index closed at 3229.58 points, up by 24.57 points, reflecting a 0.77% increase [1] Stock Performance - A total of 89 A-shares had a turnover rate exceeding 20%, with six stocks, including C Jianxin and C Nabai Chuan, having turnover rates above 50% [1] - C Jianxin (688805) had a closing price of 58.12 yuan and a turnover rate of 77.25%, with a significant increase of 212.81% [1] - C Nabai Chuan (301667) closed at 82.73 yuan, with a turnover rate of 67.98%, but experienced a decline of 28.06% [1] - C Xihua (603248) closed at 26.01 yuan, with a turnover rate of 57.63%, and a decrease of 29.34% [1] - C Tiansu (301449) closed at 75.83 yuan, with a turnover rate of 54.69%, down by 24.93% [1] - Other notable stocks include C Youxun (688807) with a closing price of 231.60 yuan and a turnover rate of 50.23%, up by 14.03% [1] Additional Notable Stocks - Huazhong Cable (001208) closed at 21.05 yuan with a turnover rate of 49.18%, up by 6.10% [1] - Guangdao Tui (920680) closed at 1.32 yuan, with a turnover rate of 46.41%, and an increase of 29.41% [1] - Tongyu Communication (002792) closed at 34.71 yuan, with a turnover rate of 42.86%, up by 6.31% [1] - Shennong Agriculture (300189) closed at 7.90 yuan, with a turnover rate of 41.35%, up by 1.41% [1]

| 证券代码：300062 | 证券简称：中能电气 | 公告编号：2025-089 | | --- | --- | --- | | 债券代码：123234 | 债券简称：中能转债 | | 中能电气股份有限公司 关于中能转债赎回结果的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 一、可转换公司债券发行上市情况 （一）可转换公司债券发行情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意中能电 气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〔2023〕 2507 号）同意注册，中能电气股份有限公司（以下简称"公司"）向不特定对象 发行可转换公司债券（以下简称"可转债"）4,000,000 张，每张面值为人民币 100 元/张，募集资金总额为人民币 400,000,000.00 元，扣除发行费用（不含税）人民 币 5,158,636.85 元后，实际募集资金为人民币 394,841,363.15 元。立信中联会计 师事务所(特殊普通合伙)对本次发行的资金到位情况进行了审验，并于 2023 年 12 月 16 日出具了《验资报告 ...