特变电工股份有限公司 2025 年半年度发电量完成情况公告 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。 特变电工股份有限公司（以下简称公司）主营业务涉及煤电、风电及光伏发 电业务，根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露 第三号电力》《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露 第九号光伏》的要求，现将公司 2025 年半年度发电量完成情况披露如下： 1、2025 年半年度装机容量情况 截至 2025 年 6 月末，公司电站装机容量为 9,286.45 MW，其中：煤电 5,040.00 MW（含自备电厂装机 1,000MW），占比 54.27%，风电自营电站 2,881.00MW，占比 31.03%，光伏发电自营电站 1,365.45MW，占比 14.70%。 2、2025 年半年度发电量完成情况 证券代码：600089 证券简称：特变电工 公告编号：临 2025-058 特变电工股份有限公司 特变电工股份有限公司 | 电源 | | 装机容 | 2025 年半年度 | | 20 ...

特变电工股份有限公司于 2025 年 8 月 19 日以电子邮件、送达方式发出召开 公司十一届三次董事会会议的通知，2025 年 8 月 29 日以通讯表决方式召开了公 司十一届三次董事会会议，应当参会董事 11 人，实际收到有效表决票 11 份。会 议召集召开程序符合有关法律法规和《公司章程》的规定，会议所做决议合法有 效。会议审议通过了以下议案： 特变电工股份有限公司 证券代码：600089 证券简称：特变电工 公告编号：临 2025-055 特变电工股份有限公司 十一届三次董事会会议决议公告 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。 三、审议通过了公司控股公司开展套期保值业务的议案。 该项议案同意票 11 票，反对票 0 票，弃权票 0 票。 该议案已经公司董事会审计委员会 2025 年第四次会议审议通过。 详见临 2025-056 号《特变电工股份有限公司关于公司控股公司开展套期保 一、审议通过了公司 2025 年半年度报告及半年度报告摘要。（详见上海证 券交易所网站 www.sse.com.cn） 该项议案同意 ...

特变电工股份有限公司2025 年半年度报告 公司代码：600089 公司简称：特变电工 特变电工股份有限公司 2025 年半年度报告 1 / 308 特变电工股份有限公司2025 年半年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告 内容的真实性、准确性、完整性，不存在虚假记载、误导性陈述或重大遗漏， 并承担个别和连带的法律责任。 二、公司全体董事出席董事会会议。 三、本半年度报告未经审计。 四、公司负责人张新、主管会计工作负责人白云罡及会计机构负责人（会 计主管人员）李爱华声明：保证半年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的公司未来计划、发展战略等前瞻性陈述，不构成公司对投资 者的实质承诺，请投资者注意投资风险。 七、是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、是否存在违反规定决策程序对外提供担保的情况 否 九、是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准 确性和完整性 否 十、重大风险提示 无 十一、其他 □适用 √ ...

Core Insights - Company reported a revenue of 3.83 billion yuan and a net profit of 354 million yuan for the first half of 2025, indicating a focus on emerging businesses like industrial AI and robotics [1] - The company is advancing its "All in AI" strategy, integrating AI capabilities into its product and technology systems, and has made significant progress in the development and application of its TPT model [2] - The launch of TPT2, a platform for generating industrial agents, marks a significant upgrade, enhancing the efficiency of developing and implementing intelligent applications [3] - The robotics segment is also showing positive growth, with successful deployments of new inspection robots and significant project wins in the industrial robotics market [3] - The company is actively expanding its international presence, securing key projects in various global markets, which supports its long-term growth strategy [4] - The company has built a competitive edge through extensive data assets and industry knowledge accumulated over 30 years, which is crucial for the development of industrial AI models [5] - The company maintains the top market share in the domestic distributed control system (DCS) sector for 14 consecutive years, with a broad customer base and significant data resources supporting its AI initiatives [6] Group 1 - Company achieved a revenue of 3.83 billion yuan and a net profit of 354 million yuan for H1 2025, focusing on industrial AI and robotics [1] - The "All in AI" strategy is being deepened, with advancements in the TPT model for industrial applications [2] - TPT2 platform enhances the development and implementation of industrial solutions through natural language commands [3] Group 2 - Robotics business is expanding with successful deployments and project wins, enhancing market competitiveness [3] - International expansion is underway, with significant projects secured in various regions, supporting long-term growth [4] - The company has a competitive advantage due to extensive data assets and industry experience, essential for AI model development [5] Group 3 - The company holds the top market share in DCS for 14 years, with a wide customer base and substantial data resources for AI applications [6]

Core Insights - The 2025 China Private Enterprises Top 500 list was released, showcasing the achievements of the private economy and indicating an enhancement in quality, efficiency, and core competitiveness of Chinese private enterprises [1] Group 1: Entry Criteria and Performance - The threshold for entry into the Top 500 has increased to an annual revenue of 1 billion yuan (approximately 10 million USD), up from 500 million yuan in the previous year, reflecting the overall improvement in the Chinese economy [2] - The total revenue of the Top 500 private enterprises reached 43.05 trillion yuan (approximately 6.6 trillion USD), with 105 companies exceeding 100 billion yuan in revenue, an increase of 8 from the previous year [2] - The total assets of the Top 500 private enterprises amounted to 51.15 trillion yuan (approximately 7.7 trillion USD), with 97 companies having assets exceeding 100 billion yuan, also an increase of 8 from the previous year [2] Group 2: Employment and Social Contribution - The total tax contribution of the Top 500 private enterprises reached 1.27 trillion yuan (approximately 190 billion USD), with total employment at 11.09 million, averaging 22,200 employees per company [3] - The automotive manufacturing sector employed the most individuals, totaling 1.43 million, accounting for 12.93% of the total employment in the Top 500 [3] - A significant 72.80% of the Top 500 enterprises are actively involved in rural revitalization, and 79.00% participate in social charity donations, contributing a total of 10.48 billion yuan (approximately 1.57 billion USD) [3] Group 3: Digital Transformation and Innovation - A notable 64.20% of the Top 500 private enterprises have developed digital transformation strategic plans, while 60.20% have initiated digital transformation at the management level [4] - The total R&D expenditure of the Top 500 private enterprises reached 1.13 trillion yuan (approximately 170 billion USD), with 171 companies spending over 1 billion yuan on R&D [6] - The export total of the actual reporting enterprises in the Top 500 reached 1.77 trillion yuan (approximately 260 billion USD), marking a growth of 5.17% [6] Group 4: Strategic Development and Future Outlook - The ongoing digital transformation and the embrace of new technologies such as big data, 5G, and artificial intelligence are reshaping the development methods of enterprises [4][5] - The focus on strategic emerging industries is seen as a strong driver for high-quality development among enterprises [7] - The need for continuous improvement in management, technological innovation, and talent reserves is emphasized for private enterprises to grow and potentially enter the global top rankings [7][8]

Core Viewpoint - The carbon neutrality ETF (159790) has shown strong performance, with a recent increase of 3.34%, reflecting a growing interest in low-carbon economy investments [3][4]. Performance Summary - As of August 28, 2025, the carbon neutrality ETF has achieved a net value increase of 23.43% over the past year [4]. - The ETF's highest single-month return since inception was 20.08%, with an average monthly return of 5.76% [4]. - The ETF has outperformed its benchmark with an annualized return of 7.54% over the last three months [4]. Liquidity and Trading Activity - The carbon neutrality ETF recorded a turnover rate of 3.94% during trading, with a total transaction volume of 80.84 million yuan [3]. - The average daily trading volume over the past week was 50.77 million yuan, ranking first among comparable funds [3]. Fund Size and Growth - The carbon neutrality ETF experienced a significant size increase of 19.79 million yuan over the past week, placing it in the top fifth of comparable funds [3]. - The latest margin buying amount reached 4.73 million yuan, with a margin balance of 15.46 million yuan [3]. Tracking and Fees - The management fee for the carbon neutrality ETF is 0.50%, and the custody fee is 0.10% [4]. - The ETF has the highest tracking accuracy among comparable funds, with a tracking error of 0.019% over the past month [4]. Top Holdings Performance - Notable stocks in the carbon neutrality ETF include: - Contemporary Amperex Technology Co., Ltd. (宁德时代) with a rise of 10.21% and a weight of 14.94% [6] - Yangguang Electric (阳光电源) with a rise of 0.44% and a weight of 5.72% [6] - China Nuclear Power (中国核电) with a decline of 1.22% and a weight of 4.47% [6]

Core Viewpoint - Company released its 2025 mid-year report, achieving total revenue of 278 million yuan, a year-on-year increase of 8.41%, and a net profit attributable to shareholders of 28.98 million yuan, a year-on-year decrease of 4.58% [1] Financial Performance - In the first half of the year, the company’s revenue growth was modest, with a first-quarter revenue of 125 million yuan (up 7.11% year-on-year) and a second-quarter revenue of 153 million yuan (up 9.50% year-on-year) [1] - Operating costs increased, with first-quarter costs at 113 million yuan (up 12.92% year-on-year) and second-quarter costs at 133 million yuan (up 7.64% year-on-year) [1] - The overall profit growth was hindered by rising operating costs, leading to a decline in gross profit margin [1] Order and Market Expansion - The company experienced stable revenue growth due to an increase in orders, with a backlog of orders amounting to 577 million yuan, a 28.79% increase from 448 million yuan in the same period last year [2] - The company is actively expanding into the power transmission and transformation industry, successfully obtaining product supply qualifications from major companies [2] - The company’s developed marine fans have passed rigorous performance and noise vibration tests, meeting design requirements [2] Industry Outlook - The wind turbine industry is expected to continue growing, with applications in various sectors such as rail transportation, energy, and marine engineering [2] - As the industry moves towards high-end equipment, demand for wind turbines is anticipated to increase, benefiting the company as a specialized player in the market [2] Investment Forecast - The company’s revenue projections for 2025-2027 are 577 million yuan, 603 million yuan, and 612 million yuan, with year-on-year growth rates of 9.04%, 4.51%, and 1.54% respectively [3] - Net profit forecasts for the same period are 65 million yuan, 67 million yuan, and 68 million yuan, with growth rates of 18.31%, 3.76%, and 0.95% respectively [3] - The estimated earnings per share (EPS) for 2025-2027 are 0.88 yuan, 0.91 yuan, and 0.92 yuan, with corresponding price-to-earnings ratios of 48.47, 46.71, and 46.28 [3]

Group 1 - The 2025 China Private Enterprises Top 500 list was released, showcasing the achievements of the private economy and indicating an enhancement in quality, efficiency, and core competitiveness of private enterprises [1][2] - The entry threshold for the Top 500 list has increased to an annual revenue of 1.27 billion USD (270.23 billion CNY), reflecting the overall improvement in the Chinese economy [1] - In 2024, the total revenue of the Top 500 private enterprises reached 6.14 trillion USD (43.05 trillion CNY), with 105 companies exceeding 1 billion USD (1,000 million CNY) in revenue, an increase of 8 from the previous year [2] Group 2 - The total assets of the Top 500 private enterprises amounted to 7.36 trillion USD (51.15 trillion CNY), with 97 companies having assets exceeding 1 billion USD (1,000 million CNY), also an increase of 8 from the previous year [2] - The total tax contribution of the Top 500 private enterprises reached 1.77 trillion USD (1.27 trillion CNY), and the total employment was 11.09 million, averaging 22,200 employees per company [2] - 72.80% of the Top 500 private enterprises are actively involved in rural revitalization, and 79.00% participate in social charity donations, contributing a total of 15.1 million USD (1.0476 billion CNY) [2] Group 3 - A significant transformation in development methods is occurring among enterprises, driven by advancements in information technology such as big data, 5G, and artificial intelligence [3][4] - By 2024, 64.20% of the Top 500 private enterprises have developed digital transformation strategies, and 66.80% have achieved cost reduction and efficiency improvement through digital transformation [3][5] Group 4 - The total R&D expenditure of private enterprises reached 1.13 trillion USD (1.13 trillion CNY), with 171 companies spending over 1.43 million USD (10 million CNY) on R&D [5] - Private enterprises contributed over 70% of technological innovation results in China, with 90% of national high-tech enterprises being private [5][6] - The Top 500 private enterprises are increasingly focusing on strategic emerging industries, having invested in 627 projects across various sectors [5][6] Group 5 - The ongoing competition in the market necessitates that private enterprises focus on core technologies and maintain a long-term commitment to innovation and development [6][7] - The private enterprises in the Top 500 list serve as a benchmark for many small and medium-sized enterprises, inspiring them to strive for growth and excellence [7]

特变电工股份有限公司 会议召开时间：2025 年 9 月 5 日（星期五）13:00-14:30 会议召开地点：上海证券交易所上证路演中心 （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播结合网络互动 投资者可于 2025 年 8 月 29 日（星期五）至 9 月 4 日（星期四）16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 tbeazqb@tbea.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 特变电工股份有限公司（以下简称"公司"）将于 2025 年 8 月 30 日发布公 司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营成果、财务状况，公司计划于 2025 年 9 月 5 日（星期五）13:00-14:30 举 行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 证券代码：600089 证券简称：特变电工 公告编号：临 2025-054 特变电工股份有限公司 关于召开 2025 年半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 ...

特变电工股份有限公司 2025 年第三次临时股东大会会议资料 新疆·昌吉 2025 年 9 月 3 日 特变电工股份有限公司 （二）审议议案： 特变电工股份有限公司 目 录 | 1、特变电工股份有限公司 2025 年第三次临时股东大会议程 1 | | | --- | --- | | 2、公司符合向不特定对象发行可转换公司债券条件的议案 2 | | | 3、公司向不特定对象发行可转换公司债券的方案 3 | | | 4、公司向不特定对象发行可转换公司债券预案 | 12 | | 5、公司向不特定对象发行可转换公司债券方案的论证分析报告 | 13 | | 6、公司向不特定对象发行可转换公司债券募集资金使用可行性分析报告 ... | 14 | | 7、公司向不特定对象发行可转换公司债券摊薄即期回报与填补措施及相关主体 | | | 承诺的议案 | 15 | | 8、公司未来三年股东回报规划（2025 年-2027 年） | 16 | | 9、公司可转换公司债券持有人会议规则 | 17 | | 10、公司无需编制前次募集资金使用情况报告的议案 | 18 | | 11、提请股东大会授权董事会或董事会授权人士全权办理本次向不特 ...