独立董事候选人声明与承诺 本人何曙光，已充分了解并同意由提名人乐山电力股份有限 公司董事会提名为乐山电力股份有限公司第十一届董事会独立 董事候选人。本人公开声明，本人具备独立董事任职资格，保证 不存在任何影响本人担任乐山电力股份有限公司独立董事独立 性的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已经参加培训并取得资格。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董事任职资格和 条件的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； （五）中共中央组织部《关于进一步规范党政领导干部在企 ...

有限公司第十一届董事会独立董事候选人（参见该独立董事候选 人声明）。提名人认为，被提名人具备独立董事任职资格，与乐 山电力股份有限公司之间不存在任何影响其独立性的关系，具体 声明并承诺如下： 独立董事提名人声明与承诺 提名人乐山电力股份有限公司董事会，现提名周凯为乐山电 力股份有限公司第十一届董事会独立董事候选人，并已充分了解 被提名人职业、学历、职称、详细的工作经历、全部兼职、有无 重大失信等不良记录等情况。被提名人已同意出任乐山电力股份 一、被提名人具备上市公司运作的基本知识，熟悉相关法律、 行政法规、规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 被提名人已参加培训并取得资格。 二、被提名人任职资格符合下列法律、行政法规和部门规章 的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董事任职资格和 反腐倡廉建设的意见》的相关规定（如适用）； 条件的相关规定； （四 ...

独立董事候选人声明与承诺 本人周凯，已充分了解并同意由提名人乐山电力股份有限公 司董事会提名为乐山电力股份有限公司第十一届董事会独立董 事候选人。本人公开声明，本人具备独立董事任职资格，保证不 存在任何影响本人担任乐山电力股份有限公司独立董事独立性 的关系，具体声明并承诺如下： 一、本人具备上市公司运作的基本知识，熟悉相关法律、行 政法规、部门规章及其他规范性文件，具有 5 年以上法律、经济、 会计、财务、管理或者其他履行独立董事职责所必需的工作经验。 本人已经参加培训并取得资格。 二、本人任职资格符合下列法律、行政法规和部门规章以及 公司规章的要求： （一）《中华人民共和国公司法》关于董事任职资格的规定； （二）《中华人民共和国公务员法》关于公务员兼任职务的 规定（如适用）； （三）中国证监会《上市公司独立董事管理办法》、上海证 券交易所自律监管规则以及公司章程有关独立董事任职资格和 条件的相关规定； （四）中共中央纪委、中共中央组织部《关于规范中管干部 辞去公职或者退（离）休后担任上市公司、基金管理公司独立董 事、独立监事的通知》的规定（如适用）； （五）中共中央组织部《关于进一步规范党政领导干部在企 业 ...

证券代码：600644 证券简称：乐山电力 公告编号：2026-004 乐山电力股份有限公司 关于召开2026年第一次临时股东会的通知 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 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： 股东会召开日期：2026 年 2 月 5 日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 2026年1月20日，乐山电力股份有限公司（简称"公司"）第十届董事会第二十三 次临时会议以12名董事全票审议通过了《关于召开2026年第一次临时股东会的议案》。 现将具体情况公告如下： 一、 召开会议的基本情况 (一) 股东会类型和届次 2026年第一次临时股东会 召开的日期时间：2026 年 2 月 5 日 9 点 00 分 召开地点：乐山市市中区金海棠大酒店会议室 1 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方式 (四) 现场会议召开的日期、时间和地点 网络投票起 ...

证券代码：600644 证券简称：乐山电力 公告编号：2026-001 乐山电力股份有限公司 第十届董事会第二十三次临时会议决议公告 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。 重要内容提示： 一、董事会会议召开情况 乐山电力股份有限公司（简称"公司"）于 2026 年 1 月 15 日以电 子邮件方式向董事和高级管理人员发出召开公司第十届董事会第二十 三次临时会议的通知和会议资料。公司第十届董事会第二十三次临时会 议于 2026 年 1 月 20 日以通讯表决的方式召开，会议应参与表决董事 12 名，实际参与表决董事 12 名。会议的召开符合《中华人民共和国公 司法》和《公司章程》的规定。 二、董事会会议审议情况 （一）审议通过《关于修订<公司章程>的议案》 表决结果：同意 12 票，反对 0 票，弃权 0 票。 本议案在提交董事会审议前，已经 2026 年 1 月 19 日召开的公司第 十届董事会审计与风险管理委员会第二十七次会议审议通过。 本议案尚需提交公司股东会审议。 详见公司同日发布于《中国证券报》《上海证券报》 ...

Group 1 - Leshan Electric Power Co., Ltd. experienced a stock price increase of 5.83%, reaching 12.16 CNY per share, with a trading volume of 4.57 billion CNY and a turnover rate of 6.86%, resulting in a total market capitalization of 70.32 billion CNY [1] - The company, established on May 17, 1988, and listed on April 26, 1993, operates in various sectors including electricity, natural gas, tap water, and hospitality. The revenue composition is as follows: electricity segment 71.45%, gas segment 14.85%, water segment 4.78%, other businesses 4.46%, emerging businesses 3.07%, hospitality 1.23%, and health and wellness 0.17% [1] Group 2 - According to data from the top ten holdings of funds, one fund under Huaxia Fund has a significant position in Leshan Electric Power. The Huaxia Panrun Two-Year Open Mixed A Fund (015697) reduced its holdings by 798,400 shares in the third quarter, maintaining 798,400 shares, which represents 3.38% of the fund's net value, ranking as the eighth largest holding [2] - The Huaxia Panrun Two-Year Open Mixed A Fund, established on August 24, 2022, has a current size of 180 million CNY. Year-to-date returns are 10.31%, ranking 1171 out of 8848 in its category; the one-year return is 59.16%, ranking 1382 out of 8093; and since inception, the return is 44.36% [2] Group 3 - The fund manager of Huaxia Panrun Two-Year Open Mixed A Fund is Zhang Chengyuan, who has a tenure of 9 years and 28 days. The total asset size of the fund is 5.194 billion CNY, with the best return during his tenure being 128.83% and the worst return being -7.26% [3]

Core Viewpoint - A lesser-known Sichuan company, Leshan Electric Power, with a market value of approximately 6.4 billion yuan, has attracted attention from four major international investment banks, indicating potential growth and investment interest in the company [1][3]. Group 1: Company Overview - Leshan Electric Power operates an independent power grid in Sichuan, covering the cities of Leshan and Meishan, and has a monopoly in its operational area [3]. - The company has 148 hydropower stations with a total installed capacity of 382,500 kilowatts as of the end of 2023 [3]. - Besides electricity, the company also provides natural gas and water supply services, operating under an integrated model known as "electricity, water, and gas" [3]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported revenue of 2.399 billion yuan, a year-on-year increase of 3.27%, and a net profit of 72.832 million yuan, up 6.22% year-on-year [3]. - The company's stock price experienced significant volatility in 2025, starting around 6 yuan and peaking at approximately 18 yuan, reflecting a nearly 200% increase before stabilizing around 11 yuan [3][9]. - The company's asset-liability ratio is at a moderate level compared to industry peers, and its cash flow from operating activities was positive in the third quarter of 2025 [6]. Group 3: Market Position and Investment Interest - The company is seen as a small giant in the electric power sector, with a market capitalization significantly lower than larger firms like Yangtze Power and Huaneng Hydropower [6]. - Foreign investment institutions, including Goldman Sachs, UBS, Morgan Stanley, and JPMorgan Chase, have increased their holdings in the company, indicating confidence in its future prospects [1][4]. - The stock's trading volume has shown signs of fluctuation, with a consolidation pattern forming as the stock price stabilizes [8][11]. Group 4: Strategic Focus and Future Outlook - Leshan Electric Power is focusing on energy storage, being one of the largest operators in Sichuan, and is involved in projects that provide integrated solutions for commercial enterprises [6]. - The company is transitioning from a traditional utility provider to a comprehensive energy service provider, supported by provincial energy policies favoring new energy storage and green power consumption [6]. - The company has increased its R&D investments in smart grids, energy management, and energy storage technology integration [8].

Group 1 - Huayin Power reached the daily limit increase, indicating strong market interest [1] - Leshan Power rose over 8%, reflecting positive investor sentiment in the sector [1] - Other companies such as Shaoneng Co., Hengsheng Energy, Jiuzhou Group, Mingxing Power, and Xichang Power also experienced gains, suggesting a broader rally in the power industry [1]

Core Viewpoint - The A-share market has seen a strong performance in the power sector, with several companies experiencing significant stock price increases, indicating positive market sentiment towards the industry [1]. Group 1: Stock Performance - Huayin Power (600744) reached a limit-up with a rise of 9.93%, bringing its total market capitalization to 13.7 billion [2]. - Leshan Power (600644) increased by 6.75%, with a market cap of 6.766 billion [2]. - Shaoneng Co. (000601) saw a rise of 5.62%, with a market cap of 5.598 billion [2]. - Mingxing Power (600101) rose by 5.38%, with a market cap of 5.687 billion [2]. - Mindong Power (000993) increased by 4.13%, with a market cap of 6.008 billion [2]. - Xichang Power (600505) rose by 3.96%, with a market cap of 5.261 billion [2]. - Changyuan Power (000966) increased by 3.63%, with a market cap of 15.9 billion [2]. - YN Energy Holdings (001896) rose by 3.50%, with a market cap of 9.918 billion [2]. - Linyang Energy (601222) increased by 3.29%, with a market cap of 12.3 billion [2]. - Datang Power (601991) rose by 3.27%, with a market cap of 70.1 billion [2]. Group 2: Year-to-Date Performance - Huayin Power has a year-to-date increase of 14.80% [2]. - Leshan Power has a year-to-date increase of 20.00% [2]. - Shaoneng Co. has a year-to-date increase of 11.91% [2]. - Mingxing Power has a year-to-date increase of 12.22% [2]. - Mindong Power has a year-to-date increase of 9.52% [2]. - Xichang Power has a year-to-date increase of 10.41% [2]. - Changyuan Power has a year-to-date increase of 7.03% [2]. - YN Energy Holdings has a year-to-date increase of 25.00% [2]. - Linyang Energy has a year-to-date increase of 9.14% [2]. - Datang Power has a year-to-date increase of 8.60% [2].

Market Overview - A-shares opened higher on January 16, with the three major indices initially rising but later experiencing fluctuations and declines, particularly the ChiNext index which turned negative after a 1% increase [1] - The Hang Seng Index also opened higher but subsequently turned negative, with declines in the Hang Seng Index and Hang Seng Tech Index [2][3] - The bond market saw a collective decline in government bond futures, with the 30-year main contract down by 0.35% [3][4] Sector Performance - In the A-share market, the Shanghai Composite Index fell by 0.16%, the Shenzhen Component Index by 0.05%, and the ChiNext Index by 0.01% [1] - The domestic commodity futures market showed mixed results, with polysilicon and platinum both rising by 3% [4] - Electric power stocks showed strength, with notable gains in companies like Huayin Power and Leshan Power, which rose by 9.93% and 7.66% respectively [9][10] Technology Sector - Chip stocks continued to perform well, with Tianyue Advanced rising over 12% and several other companies in the semiconductor sector also seeing gains of over 7% [10][11] - TSMC announced a projected capital expenditure of $52 billion to $56 billion for 2026, indicating strong future investment in the semiconductor industry [11] Investment Highlights - The electric power sector is experiencing significant investment, with the State Grid Corporation of China projecting fixed asset investments of 4 trillion yuan during the 14th Five-Year Plan, a 40% increase from the previous plan [16] - The bond market is under pressure, with declines across various maturities, indicating potential shifts in investor sentiment [3][4]