Financial Performance - The total revenue for 2024 reached ¥1,161.86 billion, representing a year-on-year increase of 1.2%[8] - The net profit attributable to shareholders for 2024 was ¥7.52 billion, with a basic earnings per share of ¥0.048[8] - In 2023, the company's revenue was RMB 114,797 million, a decrease of 2.4% compared to 2022's RMB 117,623 million[40] - The pre-tax profit for 2023 was RMB 3,813 million, a significant recovery from a loss of RMB 1,711 million in 2022[40] - The net profit attributable to shareholders in 2023 was RMB 803 million, compared to a loss of RMB 3,302 million in 2022[40] - The gross profit margin for 2024 was reported at 18.6%[8] - Net profit attributable to shareholders decreased by 6.3% to 752.48 million from 803.35 million[42] - Revenue grew by 1.2% to 116.19 billion compared to 114.80 billion in the prior year[42] - Operating cash flow increased significantly by 127.3% to 17.64 billion from 7.76 billion[42] Market and Orders - New orders for the company amounted to ¥1,536.0 billion, an increase of 11.9% year-on-year[11] - In the energy equipment sector, new orders totaled ¥891.0 billion, including ¥326.2 billion for coal-fired power equipment and ¥78.9 billion for nuclear power equipment[11] - The company has expanded its market presence in various sectors, including aerospace, high-speed rail, and medical equipment[18] - The company is actively participating in national key projects, focusing on core technologies to support national strategic needs[12] Research and Development - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency and sustainability[5] - Research and development expenses increased by 5.51% to RMB 5.665 billion compared to the previous year[129] - The company’s subsidiary won the second prize in the National Science and Technology Progress Award for its core technology in large-capacity lithium-ion battery manufacturing[22] - The company achieved a 25 g/kWh reduction in coal consumption for its coal-fired units through the implementation of advanced heating and efficiency improvement technologies[139] Corporate Governance - The company is focused on maintaining compliance with regulatory requirements during the transition of its board and management[51] - The company has a strong emphasis on governance and oversight, as evidenced by the roles of independent directors and the supervisory board[56] - The company is committed to enhancing its corporate governance structure to align with best practices in the industry[57] - The board consists of eight directors, including three executive directors and three independent non-executive directors, with a third of the board being independent[89][90] Sustainability and Environmental Initiatives - The company is committed to implementing a carbon management service platform to systematically promote green and low-carbon management practices[30] - The company is committed to green and low-carbon development, aligning with national carbon neutrality goals[87] - The company emphasizes sustainable development as a key strategic focus, promoting circular economy and resource efficiency[195] - The company is actively developing clean energy and green technologies, focusing on ultra-low and near-zero emissions[195] Strategic Plans and Future Outlook - The company aims to enhance its core competitiveness and achieve high-quality development by focusing on national strategic needs and advancing new productive forces by 2025[31] - The company plans to continue optimizing its supply chain management platform to improve procurement efficiency and coverage[30] - The company intends to pursue mergers and acquisitions, research and development, and joint ventures to expand its core business areas and explore new markets[172] - Future outlook remains positive, with a projected annual growth rate of 15% over the next three years[10] Employee and Management Information - The total remuneration paid to all directors, supervisors, and senior management at the end of the reporting period amounted to RMB 16.79818 million[74] - The number of employees in the parent company is 152, while the total number of employees in major subsidiaries is 40,108, resulting in a combined total of 40,260 employees[77] - The company has focused on training core employees, especially leadership and strategically critical talent, to enhance business development and human capital[79] - The company has established a salary growth mechanism linked to business performance and labor productivity, emphasizing performance-based pay adjustments[78] Financial Position and Debt - As of December 31, 2024, the total bank and other borrowings and bonds amounted to RMB 46.786 billion, an increase of RMB 739 million from the beginning of the year[180] - The company's debt ratio was 41.97%, up from 40.67% at the beginning of the year, representing an increase of 1.30 percentage points[184] - The total amount of non-collateral loans as of December 31, 2024, was USD 70 million, EUR 221.714 million, and HKD 815 million, with significant reductions in previous year amounts[180] Acquisitions and Investments - The company completed the acquisition of 100% equity in Ning Sheng Industrial for a cash consideration of RMB 308,242.11 million on October 18, 2024[159] - The company holds various equity stakes in listed companies, with a total investment value of RMB 1,125,900 thousand, reflecting a diverse investment portfolio[162] Customer and Supplier Relations - The company’s top five customers contributed RMB 7.44 billion, accounting for 6.40% of total annual sales, with related party sales amounting to RMB 1.74 billion[134] - The company’s top five suppliers accounted for RMB 4.78 billion in procurement, representing 4.91% of total annual procurement, with related party procurement at RMB 1.69 billion[135]

Financial Performance - The company reported a total of 2,505.35 MW in new orders during the reporting period, representing an increase of 461.55% compared to the same period last year [4] - Cumulative orders on hand reached 18,101.65 MW, up 98.79% year-on-year, with 4,494.40 MW of these being awarded but not yet contracted [4] Asset Impairment - The company has decided to recognize an asset impairment provision totaling 12,237.38 million RMB for the first quarter of 2025, which will reduce the operating profit by 7,743.63 million RMB after considering reversals [13] - Specific provisions include 753.57 million RMB for inventory impairment due to a decline in product sales prices and fluctuations in raw material costs [9] - The company plans to add a provision of 292.27 million RMB for contract asset impairment, which will increase operating profit by 1,216.73 million RMB after considering reversals [11] Governance and Insurance - The company is proposing to purchase liability insurance for its directors, supervisors, and senior management for the period from July 1, 2025, to June 30, 2026, with a compensation limit of up to 200 million RMB [17] - The insurance premium is expected to be no more than 900,000 RMB, including VAT [17] Shareholder Meeting - The annual shareholder meeting is scheduled for May 23, 2025, with both on-site and online voting options available [23][24] - The meeting will discuss various matters, including the independent director's annual report [25]

上海亚化咨询有限公司创始合伙人郑春临表示，绿色甲醇市场是政策驱动的市场，国际和各国政策对绿色甲醇的需求将起到决定性作用，在"双碳"目标指引 下，绿色甲醇产业发展长期向好。 相关数据显示，当前全球范围内已有的绿色甲醇年产能约50万吨，我国绿色甲醇规划产能已超过1000万吨，产业发展势头强劲。 "当前船用绿色燃料生产项目需同时满足通过绿色认证、有竞争力的成本两大目标，对项目地点和项目资源，包括生物质资源、风光绿电资源、运输条件等 有很高的要求。因此，具备竞争力的绿色甲醇产能未来是有限的。"郑春临说。 新华财经长春4月22日电（记者王晓林）国际海事组织4月11日宣布，批准《国际防止船舶造成污染公约》附件六修正案草案，强制实施国际海事组织净零排 放框架。这是世界上首个将整个行业领域的强制性排放限制和温室气体定价相结合的框架。 近年来，使用以绿色甲醇等为代表的绿色燃料逐渐成为国际航运业响应国际海事组织要求、实现碳减排的主要手段。在此背景下，上海电气集团于2024年开 始在吉林省洮南市建设风电耦合生物质绿色甲醇一体化示范项目。依托当地新能源资源密集、土地与水资源充沛、区位交通便利等自然地理条件，以及自主 研发的核心技术， ...

记者日前从上海电气获悉，作为上海国资国企中的重要一员，上海电气近年来陆续通过完成整体上市、入主赢合科技、分拆电气风电上市、收购上海发那科机器人等实际行动诠释了市值管理的深 上海市国资委提出推动监管企业将市值管理融入国资国企改革，健全常态化市值维护机制，推动股票回购增持作为基础性制度安排，建立股价异常波动快速响应机制，严格规范股份减持行为。上 在投资者关系管理方面，上海电气积极利用业绩路演、投资者沟通会等多种形式，与投资者建立起了高效、顺畅的沟通渠道。据统计，上海电气坚持办高质量的投资者沟通会，去年组织境内投资 上海电气在市值管理过程中，始终将ESG（环境、社会责任和公司治理）理念融入其中。自2016年以来，公司已连续8年披露ESG报告，并获得较高国际评级。通过业务驱动和内在驱动双引擎， 上海电气相关负责人表示，未来将紧紧围绕"深化国有企业改革，持续优化国有经济布局"的战略部署，在上海国资委指导下，以"形成核心竞争力"为目标，不断巩固发展优势、培育新增长极， ...

近日，上海市闵行区江川路街道办事处、上海市闵行第一房屋征 收事务所有限公司已与公司就本次收储签订《非居住房屋拆迁补偿协 议》。 证券代码：601727 证券简称：上海电气 编号：临 2025-026 上海电气集团股份有限公司 关于土地收储的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、交易概述 2024 年 12 月 30 日，上海电气集团股份有限公司（以下简称"公 司"）董事会五届一百零四次会议审议通过《关于上海市沪闵路 1111 号土地收储的议案》，同意公司将持有的上海市沪闵路 1111 号土地使 用权由上海市闵行区江川路街道办事处实施收储，收储总价为人民币 39,561.57 万元。 关于上述土地收储事项的具体情况，详见公司于 2024 年 12 月 31 日在上海证券交易所网站（www.sse.com.cn）披露的相关公告。 二、交易进展情况 由于签约时间的变化，公司已披露的拟签订协议中，"除上述补 偿外，若公司在 2025 年 2 月 28 日前签订《非居住房屋拆迁补偿协 议》，且公司妥善处理好租赁户 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-025 上海电气集团股份有限公司 2、"持股比例"，按公司截至本公告日的总股本 15,579,809,092 股 计算。"股份种类"中，A 股指人民币普通股，H 股指境外上市外资 股。 根据《上市公司股份回购规则》、《上海证券交易所上市公司自律 监管指引第 7 号——回购股份》等相关规定，现将公司董事会披露回 购股份决议前一个交易日（即 2025 年 4 月 10 日）登记在册的前十大 股东和前十大无限售条件股东的名称、持股数量及持股比例公告如下： | 序号 | 股东名称 | 持股数量（股） | 持股比例 | 股份种类 | | --- | --- | --- | --- | --- | | 1 | 上海电气控股集团有限公司 | 6,400,435,385 | 41.08% | 股 A | | 2 | 香港中央结算（代理人）有 | 2,920,048,970 | 18.74% | H 股 | | | 限公司 | | | | | 3 | 上海国有资本投资有限公司 | 707,399,555 | 4.54% | A 股 | | 4 | 申能（集团）有限 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-022 上海电气集团股份有限公司 关于以集中竞价方式回购 A 股股份方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 1、上海电气集团股份有限公司（以下简称"公司"）拟以集中竞价 交易方式回购公司 A 股股份，用于减少公司注册资本。预计回购金额 不低于人民币 1.5 亿元（含）且不超过人民币 3 亿元（含），回购价格 不高于公司董事会审议通过回购决议前 30 个交易日公司股票交易均 价的 150%，即不超过人民币 12.29 元/股（含）。 2、本次回购方案尚需提交股东大会、A 股类别股东会议及 H 股 类别股东会议审议，回购期限为自公司股东大会、A 股类别股东会议 及 H 股类别股东会议审议通过本次回购方案之日起三个月内。 3、回购股份资金来源为公司自有资金及股票回购专项贷款。 4、经问询，公司董监高、控股股东未来 6 个月内均没有减持股 份的计划。若相关主体未来有增减持计划，将严格按照有关法律、法 规及公司股票上市地证券监督管理机构的 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-023 上海电气集团股份有限公司 关于召开2024年年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 上海电气集团股份有限公司（以下简称"公司"）已于2025年3 月29日披露公司2024年年度报告，为便于广大投资者更全面深入地了 解公司2024年度的经营成果、财务状况，公司计划于2025年4月21日 举行2024年年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2024年度经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息 披露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025年4月21日（星期一）15:00至16:00 会议召开时间：2025年4月21日（星期一）15:00至16:00 会议召开地 ...

证券代码：601727 证券简称：上海电气 编号：临 2025-024 上海电气集团股份有限公司 关于委托理财暨关联交易的补充公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次委托理财不得投资股权类资产及挂钩股票的相关目标。 2025 年 3 月 28 日，上海电气集团股份有限公司（以下简称"公 司"或"本公司"）董事会五届一百零八次会议审议通过《关于使用暂 时闲置资金进行有价证券投资暨关联交易的议案》，同意公司使用暂 时闲置资金投资建元信托股份有限公司（以下简称"建元信托"）发 行的 R3 及以下风险的固定收益类信托计划，投资金额为单日最高余 额不超过人民币 20 亿元（含收益金额，在该额度内可循环使用），投 资期限自 2025 年 4 月 1 日起至 2026 年 3 月 31 日止。公司已于 2025 年 3 月 29 日在上海证券交易所网站（www.sse.com.cn）披露《关于委 托理财暨关联交易的公告》。现对公告进一步补充披露如下情况： 一、建元信托基本情况 于本公告日期，建元信托是一家国 ...

上海电气集团股份有限公司 证券代码：601727 证券简称：上海电气 编号：临 2025-021 董事会五届一百零九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海电气集团股份有限公司（以下简称"公司"）于 2025 年 4 月 9 日以通讯方式召开了公司董事会五届一百零九次会议。应参加本次 会议的董事 9 人，实际参加会议的董事 9 人。会议符合《公司法》和 《公司章程》的有关规定。会议审议并通过以下决议： 一、关于豁免公司董事会五届一百零九次会议通知时限的议案 本次参会的所有董事在充分了解《中华人民共和国公司法》、《公 司章程》中关于公司召开董事会临时会议的通知要求以及董事权利的 内容基础上，同意根据公司实际情况需要，豁免公司董事会五届一百 零九次会议不少于五日提前发出通知的要求。 表决结果：9 票同意，0 票反对，0 票弃权。 二、关于公司以集中竞价方式回购 A 股股份方案的议案 1、同意公司以集中竞价交易方式回购公司 A 股股份，用于减少 公司注册资本。预计回购金额不低于人民币 1.5 亿元（含）且 ...