陕西能源投资股份有限公司 SHAANXI ENERGY INVESTMENT CO.,LTD. （陕西省榆林市高新技术产业园区沙河路 152 号盛高时代写字楼） 首次公开发行股票并在主板上市 招股说明书 （注册稿） 联合保荐人（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 陕西省西安市新城区东新街 319 号 8 幢 10000 室 陕西能源投资股份有限公司 招股说明书（注册稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈 利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均 属虚假不实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发行人自行 负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行 后因发行人经营与收益变化或者股票价格变动引致的投资风险。 | 发行股票类型： | 股） 人民币普通股（A | | --- | --- | | 发行股数： | 不超过 万股（新股） 75,000.00 | | ...

陕西能源投资股份有限公司 SHAANXI ENERGY INVESTMENT CO.,LTD. （陕西省榆林市高新技术产业园区沙河路 152 号盛高时代写字楼） 首次公开发行股票并在主板上市 招股说明书 （上会稿） 联合保荐机构（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 陕西省西安市新城区东新街 319 号 8 幢 10000 室 二○二三年二月 陕西能源投资股份有限公司 招股说明书（上会稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈 利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均 属虚假不实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发行人自行 负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行 后因发行人经营与收益变化或者股票价格变动引致的投资风险。 | 发行股票类型： | 人民币普通股（A 股） | | --- | --- | | 发行股数： | 不超过 75,000.00 万 ...

陕西能源投资股份有限公司 SHAANXI ENERGY INVESTMENT CO.,LTD. 首次公开发行股票并在主板上市 招股说明书 联合保荐机构（主承销商） （陕西省榆林市高新技术产业园区沙河路 152 号盛高时代写字楼） （申报稿） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 陕西省西安市新城区东新街 319 号 8 幢 10000 室 二○二三年二月 陕西能源投资股份有限公司 招股说明书（申报稿） 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发行人注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈 利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均 属虚假不实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发行人自行 负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行 后因发行人经营与收益变化或者股票价格变动引致的投资风险。 | 发行股票类型： | 人民币普通股（A 股） | | --- | --- | | 发行股数： | 不超过 75,000.00 万 ...

i 本次发行股票拟在科创板上市，科创板公司具有研发投入大、经营风险高、业绩不稳 定、退市风险高等特点,投资者面临较大的市场风险。投资者应充分了解科创板的投 资风险及本公司所披露的风险因素，审慎作出投资决定。 湖南华曙高科技股份有限公司 Farsoon Technologies Co., Ltd. （长沙高新开发区林语路181号） 首次公开发行股票并在科创板上市 招股说明书 （注册稿） 免责声明：本公司的发行申请尚需经上海证券交易所和中国证监会履行相应程序。本 招股说明书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式 公告的招股说明书作为投资决定的依据。 保荐机构（主承销商）：西部证券股份有限公司 （陕西省西安市新城区东新街 319 号 8 幢 10000 室） 湖南华曙高科技股份有限公司 招股说明书（注册稿） 发行人声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行 人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之 相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发 ...

[Key Financial Data](index=1&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) [Key Accounting Data and Financial Indicators](index=1&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In the first three quarters of 2022, total operating revenue decreased while net profit attributable to the parent company declined significantly Core Income Statement Indicators for Q1-Q3 and Q3 2022 | Indicator | Year-to-Date (CNY) | YoY Change | Current Reporting Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | :--- | | Total Operating Revenue | 4,365,097,635.03 | -8.92% | 1,624,009,658.46 | 3.10% | | Net Profit Attributable to Shareholders of the Parent Company | 497,348,244.32 | -49.78% | 138,078,645.05 | -49.81% | | Net Profit Attributable to Shareholders of the Parent Company after Deducting Non-recurring Gains and Losses | 484,470,399.05 | -50.70% | 128,347,367.16 | -53.23% | Key Financial Ratios and Balance Sheet Indicators for Q1-Q3 2022 | Indicator | Year-to-Date | YoY Change / Change from Prior Year-end | | :--- | :--- | :--- | | Basic Earnings Per Share (CNY/Share) | 0.1113 | -49.41% | | Weighted Average Return on Equity | 1.83% | Decreased by 1.93 percentage points | | Total Assets (CNY) | 95,877,164,374.46 | 12.64% | | Equity Attributable to Shareholders of the Parent Company (CNY) | 27,086,669,599.74 | -0.06% | | Net Cash Flow from Operating Activities (CNY) | -4,174,674,009.61 | Not Applicable | [Non-recurring Profit and Loss Items and Amounts](index=2&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) The company's non-recurring profit and loss for the year-to-date period totaled CNY 12,877,845.27, primarily derived from government grants Non-recurring Profit and Loss Items from the Beginning of the Year to the Reporting Period End | Item | Amount (CNY) | | :--- | :--- | | Government Grants | 18,918,942.34 | | Other profit and loss items meeting the definition of non-recurring | 3,668,625.10 | | Minority Interest Impact (After Tax) | -3,839,216.02 | | Income Tax Impact | -5,572,353.76 | | **Total** | **12,877,845.27** | - The company classifies gains from fair value changes of trading financial instruments and investment income as recurring items as they fall within the scope of its normal business operations[8](index=8&type=chunk) [Analysis of Changes in Key Financial Indicators and Reasons](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Multiple financial indicators experienced significant volatility, with net profit declining due to losses from fair value changes and increased interest expenses Key Balance Sheet Item Changes (Period-end vs Prior Year-end) | Item | Change | Primary Reason | | :--- | :--- | :--- | | Derivative Financial Assets | 385.54% | Scale and fair value changes of derivative financial instruments | | Financial Assets Sold Under Repurchase Agreements | 30.36% | Increased scale of repurchase business | | Bonds Payable | 193.12% | Increased scale of corporate bond issuance | | Trading Financial Liabilities | -88.68% | Deconsolidation of structured entities | Key Income Statement Item Changes (Current Period vs Prior Period) | Item | Change | Primary Reason | | :--- | :--- | :--- | | Net Interest Income | Not Applicable | Interest expense increased by 64.17% YoY | | Net Fee and Commission Income from Asset Management Business | 163.68% | Increased income from collective asset management business | | Gains from Changes in Fair Value | Not Applicable | Fair value changes of financial instruments due to stock market volatility | | Credit Impairment Losses | Not Applicable | Increased credit impairment provisions for reverse repurchase agreements and margin financing | Key Cash Flow Statement Item Changes (Current Period vs Prior Period) | Item | Change | Primary Reason | | :--- | :--- | :--- | | Cash Received from Issuing Bonds | 210.62% | Increased scale of corporate bond issuance in the current period | | Cash Paid for Repayment of Debts | 7672.57% | Increased principal repayment of matured debt financing in the current period | [Shareholder Information](index=5&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) [Shareholding of Common Stock Shareholders](index=5&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had 171,585 common stock shareholders, with a relatively stable structure dominated by state-owned legal entities - At the end of the reporting period, the total number of common stock shareholders was **171,585**[13](index=13&type=chunk) Top Five Shareholders | Shareholder Name | Shareholder Type | Shareholding Ratio | Number of Shares | | :--- | :--- | :--- | :--- | | Shaanxi Investment Group Co, Ltd | State-owned Legal Entity | 35.32% | 1,578,533,859 | | Shanghai Chengtou Holding Co, Ltd | State-owned Legal Entity | 10.26% | 458,496,467 | | Chang'an Huitong Investment Management Co, Ltd | State-owned Legal Entity | 2.89% | 129,032,258 | | Beijing Yuanda Huachuang Investment Co, Ltd | Domestic Non-state-owned Legal Entity | 2.64% | 117,894,200 | | Western Trust Co, Ltd | State-owned Legal Entity | 1.92% | 86,000,000 | - The controlling shareholder, Shaanxi Investment Group Co, Ltd, also holds a **57.78% stake** in the fifth-largest shareholder, Western Trust Co, Ltd, establishing a related-party relationship[14](index=14&type=chunk) [Other Significant Matters](index=6&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) The company actively engaged in financing, with new borrowings exceeding 40% of prior year-end net assets, and also obtained ETF option market maker qualifications - In the third quarter, the company conducted multiple issuances and redemptions of short-term financing bills and completed interest payments and redemptions for some corporate bonds[15](index=15&type=chunk) - As of August 31, 2022, the company's cumulative new borrowings reached **41.02%** of the prior year-end net assets, exceeding the 40% disclosure threshold[16](index=16&type=chunk) - Effective September 19, 2022, the company obtained qualifications as a primary market maker for ChiNext ETF options and a general market maker for CSI 500 ETF options on the Shenzhen Stock Exchange, as well as a general market maker for CSI 500 ETF options on the Shanghai Stock Exchange[16](index=16&type=chunk) - The company, as a manager, has filed for arbitration regarding a defaulted asset management plan involving approximately **CNY 2.355 billion**, but expects no impact on its profits or solvency[16](index=16&type=chunk) [Quarterly Financial Statements](index=7&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) [Consolidated Balance Sheet](index=7&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2022, total assets reached CNY 95.88 billion, a 12.64% increase from the beginning of the year, driven by growth in financial assets Key Consolidated Balance Sheet Items (September 30, 2022) | Item | Period-end Balance (CNY) | Change from Beginning of Year | | :--- | :--- | :--- | | **Total Assets** | **95,877,164,374.46** | **12.64%** | | Trading Financial Assets | 61,034,965,187.67 | 18.81% | | Financial Assets Sold Under Repurchase Agreements | 26,927,368,319.56 | 30.36% | | **Total Liabilities** | **68,648,380,131.09** | **18.55%** | | Bonds Payable | 12,439,580,047.94 | 193.12% | | **Total Equity Attributable to Shareholders of the Parent Company** | **27,086,669,599.74** | **-0.06%** | [Consolidated Income Statement](index=8&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) For the first three quarters of 2022, operating revenue was CNY 4.37 billion, down 8.92% YoY, while net profit attributable to the parent company fell sharply by 49.78% Key Consolidated Income Statement Items (January-September 2022) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | **Operating Revenue** | **4,365,097,635.03** | **4,792,626,721.29** | **-8.92%** | | Net Fee and Commission Income | 1,312,694,273.12 | 1,402,997,753.55 | -6.44% | | Net Interest Income | -144,118,433.32 | 204,921,425.37 | Not Applicable | | Investment Income | 1,348,568,202.90 | 1,322,024,818.70 | 2.01% | | Gains from Changes in Fair Value | -170,939,030.93 | -10,170,375.17 | Not Applicable | | **Operating Profit** | **696,295,072.46** | **1,339,745,912.77** | **-47.95%** | | **Net Profit Attributable to Shareholders of the Parent Company** | **497,348,244.32** | **990,435,769.91** | **-49.78%** | [Consolidated Cash Flow Statement](index=9&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) Net cash outflow from operating activities was CNY 4.17 billion in the first three quarters, with financing activities being the main source of cash inflow Key Consolidated Cash Flow Statement Items (January-September 2022) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -4,174,674,009.61 | -12,960,125,962.98 | | Net Cash Flow from Investing Activities | -123,244,844.31 | -163,308,826.20 | | Net Cash Flow from Financing Activities | 5,209,757,805.25 | 7,225,578,869.48 | | Net Increase in Cash and Cash Equivalents | 915,171,286.29 | -5,898,012,868.63 |