本次提供担保后，公司及控股子公司的担保额度总金额为8亿元，公司及控股子公司对外担保总余额6亿 元，约占公司2024年末经审计净资产的30.18%，均为公司或子公司对合并报表范围内单位提供的担 保。 每经头条（nbdtoutiao）——年产量是传统大田120倍以上，1个人管理1栋楼！实探中国"植物工厂"：水 稻生产期从120天减到60天，没有虫害不用打农药 （记者 王晓波） 每经AI快讯，首华燃气1月12日晚间发布公告称，公司控股子公司北京中海沃邦能源投资有限公司（以 下简称"中海沃邦"）拟通过额度授信的方式向兴业银行股份有限公司（简称"兴业银行"）申请授信。授 信总金额不超过人民币捌亿元整（小写：800,000,000元），其中：贰亿元用于中、短期流动资金贷款 （中期流贷敞口不超过壹亿元，期限不超过3年）、开立银行承兑汇票、商票贴现、国内反向保理，担 保方式为首华燃气科技（上海）股份有限公司提供连带责任保证担保。 公司于2026年1月12日召开第六届董事会第十五次会议，审议通过了《关于为控股子公司提供担保的议 案》，同意公司为上述用于中、短期流动资金贷款、开立银行承兑汇票、商票贴现、国内反向保理的贰 亿元授信 ...

首华燃气科技（上海）股份有限公司 互动易平台信息发布及回复内部审核制度 第一章 总则 第一条 为规范首华燃气科技（上海）股份有限公司（以下简称"公司"）在 互动易平台的信息发布和提问回复的管理，建立公司与投资者良好沟通机制，提 升公司治理水平，根据《上市公司投资者关系管理工作指引》《深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》《深圳证券交易所 创业板上市公司自律监管指南第 1 号——业务办理》等法律法规、规范性文件及 《首华燃气科技（上海）股份有限公司章程》（以下简称《公司章程》）的有关规 定，结合公司实际情况，制定本制度。 第二条 本制度所称"互动易平台"是指深圳证券交易所为上市公司与投资 者之间搭建的自愿性、交互式信息发布和进行投资者关系管理的综合性网络平台， 是上市公司法定信息披露的有益补充。具体网址为：https://irm.cninfo.com.cn。 第二章 总体要求 第三条 互动易平台管理是公司投资者关系管理的重要组成部分，公司在互 动易平台发布信息及回复投资者提问，应当注重诚信，尊重并平等对待所有投资 者，主动加强与投资者的沟通，增进投资者对公司的了解和认同，营造 ...

首华燃气科技（上海）股份有限公司 控股股东、实际控制人、董事、高级管理人员 对外发布信息行为规范制度 第一章 总则 第一条 为规范首华燃气科技（上海）股份有限公司（以下简称"公司"）控 股股东、实际控制人、董事、高级管理人员对外发布信息行为，加强信息披露事 务管理，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司信 息披露管理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市 公司自律监管指引第 2 号——创业板上市公司规范运作》等法律法规、规范性文 件、证券交易所业务规则及《首华燃气科技（上海）股份有限公司章程》（以下 简称《公司章程》）的有关规定，结合公司实际情况，制定本制度。 第二条 本制度适用于公司控股股东、实际控制人、董事及高级管理人员。 第三条 本制度所指信息，指所有对公司股票及其衍生品种的交易价格可能 产生重大影响的、准备公开但尚未公开的信息，包括但不限于定期报告、临时公 告、财务快报、统计数据、需报批的重大事项等所涉及的信息。尚未公开是指公 司尚未在公司指定的符合中国证券监督管理委员会规定条件的上市公司信息披 露刊物或网站上正式公开。 第四条 公司信息披露工作由董事会 ...

首华燃气公告称，公司控股子公司中海沃邦拟向兴业银行申请不超8亿元授信，其中2亿元用于中、短期 流动资金贷款等，公司拟为此提供连带责任保证担保。公司合计持有中海沃邦67.50%股权。2025年1 - 9 月，中海沃邦营收14.00亿元，净利润6693.72万元。本次担保事项已通过董事会审议，尚需股东会审 议。提供担保后，公司及控股子公司担保额度达8亿元，对外担保余额6亿元，占2024年末净资产约 30.18%，无逾期担保。 ...

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2026-003 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 根据《深圳证券交易所创业板股票上市规则》《首华燃气科技（上海）股份 有限公司章程》《首华燃气科技（上海）股份有限公司对外担保管理制度》等相 关规定，本次担保事项已经董事会审议通过，尚需提交股东会审议。 二、被担保人基本信息 1、公司名称：北京中海沃邦能源投资有限公司 2、成立日期：2007 年 6 月 7 日 首华燃气科技（上海）股份有限公司 关于为控股子公司提供担保的公告 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。 一、担保情况概述 首华燃气科技（上海）股份有限公司（以下简称"公司"）控股子公司北京 中海沃邦能源投资有限公司（以下简称"中海沃邦"）拟通过额度授信的方式向 兴业银行股份有限公司（以下简称"兴业银行"）申请授信。授信总金额不超过 人民币捌亿元整（小写：800,000,000 元），其中：贰亿元用于中、短期流动资 金贷款（中期流贷敞口不超过壹亿元，期限不超过 ...

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2026-004 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 首华燃气科技（上海）股份有限公司 关于召开 2026 年第一次临时股东会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 首华燃气科技（上海）股份有限公司（以下简称"公司"）第六届董事会第十 五次会议决定于 2026 年 1 月28 日（星期三）下午 14:00 在公司会议室召开 2026 年 第一次临时股东会，会议召开情况如下： 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、会议召集人：公司董事会 3、会议召开的合法、合规性：本次股东会的召开符合《中华人民共和国公司法》 《中华人民共和国证券法》《深圳证券交易所创业板股票上市规则》等有关法律、行 政法规、部门规章、规范性文件和公司章程等的规定。 4、会议召开时间： 现场会议召开时间：2026 年 1 月 28 日（星期三）下午 14:00 网络投票时间： （1）通过深圳证券交易所交易系统进行 ...

| 证券代码：300483 | 证券简称：首华燃气 | 公告编号：2026-002 | | --- | --- | --- | | 债券代码：123128 | 债券简称：首华转债 | | 首华燃气科技（上海）股份有限公司 第六届董事会第十五次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 首华燃气科技（上海）股份有限公司（以下简称"公司"）第六届董事会第 十五次会议于 2026 年 1 月 12 日在公司会议室以现场结合通讯方式召开，会议通 知已于 2026 年 1 月 6 日以通讯方式（电话及电子邮件）送达全体董事。本次会 议由董事长王志红先生召集并主持，应出席董事 7 名，实际出席董事 7 名（其中： 以通讯表决方式出席会议董事 4 名，分别为吴海江、周展、项思英、葛艾继）， 公司高级管理人员列席本次会议，本次董事会会议的召开符合《中华人民共和国 公司法》（以下简称《公司法》）等相关法律法规和《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议，并以记名投票方式表决，形成以下决议： 本次议案尚需提交股东 ...

Investment Rating - The report maintains an "Accumulate" rating for the gas industry [1] Core Viewpoints - The temperature is expected to rise to normal levels, leading to a decrease in gas prices in Europe and the US [4][9] - The overall supply of gas is sufficient, with domestic gas prices showing a week-on-week decrease of 1.4% [21] - The report emphasizes the importance of optimizing costs for city gas companies and the ongoing adjustment of pricing mechanisms [50] Price Tracking - As of January 9, 2026, the week-on-week changes in gas prices are as follows: US HH -27.5%, European TTF -5.7%, East Asia JKM -1.4%, China LNG ex-factory -1.4%, and China LNG CIF -4.8% [4][10] - The average daily gas generation in Europe increased by 26.8% week-on-week and 109.7% year-on-year to 1635.8 GWh [16] Supply and Demand Analysis - The US natural gas market price decreased by 27.5% week-on-week due to rising temperatures, with storage levels down by 1190 billion cubic feet to 32560 billion cubic feet [14] - European gas consumption from January to September 2025 was 313.8 billion cubic meters, a year-on-year increase of 4.1% [16] - Domestic gas consumption from January to November 2025 increased by 1.5% year-on-year to 392 billion cubic meters [21] Pricing Progress - Nationwide pricing adjustments are gradually being implemented, with 67% of cities having executed residential pricing adjustments, averaging an increase of 0.22 yuan per cubic meter [34] - The report indicates that there is still a 10% room for price adjustment in city gas companies [34] Investment Recommendations - The report recommends focusing on companies that can optimize costs and benefit from the ongoing pricing adjustments, such as Xin'ao Energy, China Resources Gas, and Kunlun Energy, all with dividend yields around 4.8% [51] - It also highlights the importance of companies with quality long-term contracts and flexible scheduling, such as Jiufeng Energy and Xin'ao Shares [51] - The report suggests paying attention to companies with gas production capabilities, such as Shouhua Gas and New Natural Gas, due to the increasing uncertainty in US gas imports [51]

Summary of Shouhua Gas Conference Call Company Overview - **Company**: Shouhua Gas - **Industry**: Natural Gas Production Key Points and Arguments 2025 Performance and 2026 Outlook - Shouhua Gas significantly improved its performance in 2025, reversing the substantial losses of 2024, with natural gas production achieving a historic breakthrough of over 900 million cubic meters, and a daily output exceeding 3 million cubic meters for the first time since its establishment 17 years ago [2][3] - The company anticipates annual production capacity to exceed 1 billion cubic meters in 2026, with a target of around 1.2 billion cubic meters [2][3] Future Production Goals - The company aims for natural gas production to reach 1.4 to 1.5 billion cubic meters by 2027, with long-term goals of 2 to 2.5 billion cubic meters by 2031-2033, contingent on capital expenditure levels [2][4][5] - Resource reserves include 88.7 billion cubic meters of coalbed methane and 120 billion cubic meters of tight gas, indicating substantial growth potential [2][5] Cost Management and Efficiency - The company plans to reduce natural gas production costs by approximately 10% in the new accounting year, targeting costs between 1.2 to 1.0 yuan per cubic meter [2][12] - Cost reductions are attributed to technological advancements, contract optimization, and increased production leading to a dilution effect [2][12] Impact of Tax Policies - The cancellation of the coalbed methane VAT rebate has no significant impact on the company due to high unclaimed VAT credits from previous capital expenditures [2][13] Market Conditions and Pricing - Domestic natural gas prices are expected to remain stable, supported by the import LNG landing price, with limited downside potential [2][14][15] - The company maintains a competitive edge with its wellhead prices compared to the expected costs in eastern coastal regions [14][15] Supply Chain and Partnerships - The primary suppliers include PetroChina Coalbed Methane Company and drilling companies, with revenues already accounting for the share owed to PetroChina [2][10][11] Asset Impairment and Financial Health - The significant losses in 2023 and 2024 were primarily due to asset impairments, including goodwill and contract rights, linked to declining natural gas prices [2][17] - The company expects a stabilization in natural gas prices in 2025, which should reduce future impairment risks [4][17] Future Expansion and Strategic Direction - Shouhua Gas is exploring external growth opportunities in the natural gas and other resource sectors, having previously abandoned an alumina project due to high costs [2][16] - There are potential plans for equity changes to increase control, depending on shareholder agreements [4][18] Production Challenges and Historical Context - The decline in natural gas production from 2019 to 2022 was influenced by risk control measures and underperformance in tight gas development [2][19] - Recent breakthroughs in deep coalbed gas production have led to a doubling of output from late 2024 to early 2025 [19] Long-term Outlook - The company is optimistic about its long-term development, anticipating a combination of production increases, cost reductions, and potential equity enhancements to drive profitability [2][20]

Core Viewpoint - The report highlights the growth of China's natural gas production, indicating a positive trend in the industry with a year-on-year increase in output and a significant cumulative production figure for 2025 [1] Group 1: Industry Overview - In November 2025, China's natural gas production reached 21.9 billion cubic meters, reflecting a year-on-year growth of 5.7% [1] - From January to November 2025, the cumulative natural gas production in China was 238.93 billion cubic meters, showing a cumulative increase of 6.3% [1] Group 2: Companies Involved - Listed companies in the natural gas sector include China Petroleum (601857), China Petrochemical (600028), Guanghui Energy (600256), Xintian Gas (603393), Shouhua Gas (300483), Lanyan Holdings (000968), and Xinchao Energy (600777) [1] Group 3: Research and Analysis - The report titled "China Natural Gas Market Operation Status and Development Potential Analysis Report (2026 Edition)" was published by Zhiyan Consulting, a leading industry consulting firm in China [1] - Zhiyan Consulting has over a decade of experience in industry research, providing in-depth reports, business plans, feasibility studies, and customized services [1]