人民财讯12月15日电，东方园林（002310）12月15日公告，东方新能(上市公司及全资子公司合计持有 全部出资份额的合伙企业)拟以现金支付方式购买海城锐海100%股权和电投瑞享80%股权。其中，海城 锐海100%股权拟通过在天津产权交易中心摘牌方式购买。海城锐海100%股权在天津产权交易所的挂牌 转让底价为1410万元。通过本次交易，上市公司新增光伏电站、风电场的投资、开发、建设和运营等新 能源业务。 ...

韶能股份公告称，为拓展新业务、降低资产负债率，公司决定对控股子公司宏大公司增资1.87亿元（其 中注册资本6222.452万元）。目前宏大公司注册资本1.18亿元，本次增资后将增至1.8亿元，公司出资 1.73亿元、持股96.36%。该增资已获董事会通过，不构成重大资产重组及关联交易。宏大公司近年新能 源业务发展良好，2024-2025年前三季度营收分别为6.78亿元、5.80亿元。 ...

Core Viewpoint - The company reported its third-quarter financial results, highlighting significant revenue from mixed tower, new energy, and engineering contracting businesses, while also detailing project progress and future expectations [5][11]. Financial Performance - The company achieved operating revenue of 102.69 million yuan, primarily from mixed tower, new energy, and engineering contracting businesses [5]. - The engineering contracting business generated revenue of 14.22 million yuan, with an expected total of approximately 68 million yuan for 2025 [11]. Project Updates - Mixed Tower Business: - The company is working on multiple projects, including: - The Mingyang Zhangjiakou Chabei project, with a total contract value of 109.2 million yuan, has delivered 10 out of 28 sets of steel mixed towers as of September 30, 2025, with full delivery expected by December 2025 [5]. - The China Electric Power Construction Group Daxing'anling project, valued at 27.6 million yuan, has completed all deliveries of 8 sets of steel mixed towers [6]. - The Mudanjiang Linkou project, with a contract value of 177.12 million yuan, is expected to complete the delivery of 54 sets of steel mixed towers by the end of 2026 [6]. - The Changtu Runrong project has completed production of 17 sets of steel mixed towers, with 3 already delivered [6]. - The Tieling Diaobingshan project is pending contract signing, expected by December 2025 [7]. - New Energy Business: - The Henan 50MW integrated project has been delayed to February 2026 due to procedural issues [9]. - The Handan Yongnian 50MW wind power acquisition project has generated revenue of 5.17 million yuan, with an expected annual revenue of approximately 32 million yuan [9]. - The Kulunqi 300,000 kW integrated project is in the planning stages, with an investment of 1.3 billion yuan and expected to commence production by the end of 2026 [9]. - The acquisition of a 51% stake in Alashan Liyuan New Materials is expected to generate approximately 28 million yuan in revenue for 2025 [10][11]. Corporate Governance - The board of directors confirmed the authenticity and completeness of the quarterly report, with all members present during the meeting [14]. - The third-quarter financial report has not been audited [13].

Core Viewpoint - The company emphasizes that renewable energy remains a priority direction for its business development, focusing on hydrogen energy, solar thermal storage, and air storage [1] Group 1: Business Development - The company is leveraging its existing technological reserves to explore various projects in the fields of hydrogen energy, solar thermal storage, and air storage [1] - The company has undertaken several design and general contracting tasks for projects in these areas [1] Group 2: Project Involvement - In the solar thermal storage sector, the company has secured the general contracting project for the thermal transmission and storage system of the 50MW solar thermal power station by China General Nuclear Power Group in Delingha [1] - In the hydrogen and air storage sectors, the company is involved in projects such as the Qingdao Hydrogen Energy Resource Base project by Sinopec and the national demonstration project for compressed air energy storage in Jintan [1] Group 3: Future Opportunities - The company plans to actively monitor business opportunities in related fields, considering factors such as policy guidance, project demonstration effects, and profitability [1]

Core Viewpoint - The company is advancing its green energy business through significant investments in hydroelectric and integrated energy storage projects in Congo and Tibet, which are expected to enhance profitability and operational efficiency [1][2][3]. Investment Highlights - The company’s subsidiary, Zijin Longjin, has acquired an 80% stake in GML in Congo, securing the development rights for a 140MW hydroelectric project with a total investment of approximately $399 million [2]. - The company plans to invest in the Mali Cuo integrated energy storage project in Tibet, with a total investment of about 2.391 billion yuan [2]. Project Details - The Congo hydroelectric project will operate under a BOT model for 30 years, with a construction period of 3.5 years, and is expected to generate 714 million kWh annually, with 90% of the electricity supplied to Zijin Mining at a price of $0.16 per kWh [3]. - The Mali Cuo project will provide power for lithium-boron mining operations, utilizing a BOO model, and is expected to be operational by Q2 2026, with a competitive electricity price of 0.7 yuan per kWh [4]. Business Performance - The green energy segment is contributing positively to the company's performance, with ongoing projects and stable operations in the Lagocuo phase one [4]. - The company has secured a substantial order backlog in the environmental sector, with new contracts worth 5.37 billion yuan and a total of 19.971 billion yuan in hand [4].

Core Viewpoint - The article highlights the positive market sentiment and strategic expansion of Ningde Times in the new energy sector, indicating a strong growth potential and investor confidence in the company's future performance [6][12][18]. Group 1: Company Developments - Ningde Times established three new subsidiaries in August 2025, expanding its footprint in the new energy sector with a registered capital of 20 million yuan for the Beijing subsidiary and 5 million yuan for the Zhangjiakou subsidiary [7]. - The company’s stock experienced a slight decline of 0.95% on August 15, closing at 415.80, with a trading volume of 1.35 million shares [5]. Group 2: Market Sentiment Analysis - The overall sentiment regarding the establishment of new subsidiaries is predominantly positive, with 68.3% of the 10,790 total online mentions being positive, while only 2.9% were negative [8]. - The primary channel for information dissemination was WeChat, accounting for 12.56% of the total mentions [10]. Group 3: Strategic Implications - The establishment of subsidiaries in various regions allows Ningde Times to leverage local resources and market demands, potentially increasing revenue and profit sources [12]. - The company's aggressive expansion strategy reinforces its leading position in the new energy sector, enhancing its competitive edge and market share [12][13]. - The financial backing for these new subsidiaries indicates Ningde Times' strong capital position, which is crucial for sustaining growth and attracting investor confidence [13]. Group 4: Stock Price Impact - The positive developments and market sentiment are expected to attract more investors, potentially leading to an increase in stock price in the short term [12]. - Long-term performance is anticipated to improve as the new subsidiaries begin operations and contribute to overall company earnings, supporting a stable upward trend in stock price [12].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告乃由天臣控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」） 自願作出，以便本公司股東（「股東」）及潛在投資者知悉本集團最新業務發展。 框架協議 本公司董事會（「董事會」）謹此公告，本公司於二零二五年七月二十八日與深圳 市深電供電新能源有限公司（「合作方」）訂立一份框架合作協議（「框架協議」）。 根據框架協議，本公司與合作方擬成立合資公司，初步命名為「深圳市天臣深電 新能源有限公司」，註冊資本擬定為人民幣 3,000 萬元，其股權將由本公司及合 作方分別持有 66% 及 34%。 合資公司預計在中國深圳及周邊地區投資、成立及營運新能源重型貨車充電站項 目（「項目」）。 除保密性規定外，框架協議不具法律約束力。若框架協議項下擬進行的交易得以 實現，本公司與合作方（或其各自的子公司）將簽訂包含具體條款的正式協議。 TESSON HOLDINGS LIMITED 天臣控股有限公司 ( 於百慕達註冊 ...

Core Insights - Qinghai Oilfield aims to achieve its annual production targets by enhancing efficiency and output, with oil and gas equivalent production exceeding half of the target in the first half of the year, and renewable energy production reaching 53% of its annual plan [1] Group 1: Oil Production - The company focuses on stabilizing oil production in mature areas, maintaining a daily crude oil output above 6,600 tons, with a natural decline rate of 5.78%, down by 0.83 percentage points year-on-year [2] - Measures to enhance production include maintaining and upgrading old wells, with 498 wells treated in the first half, resulting in an average daily increase of 1.4 tons per well, up by 0.3 tons year-on-year [2] - New well production saw 150 new wells brought online, achieving a project compliance rate of 105.7%, an increase of 15.4 percentage points year-on-year [2] Group 2: Natural Gas Production - The company has improved natural gas production despite challenges such as deteriorating reservoir conditions and equipment failures, increasing daily production capacity from 15.5 million cubic meters to 16.2 million cubic meters [3] - A total of 859 well interventions were completed, restoring daily gas production by 346.2 million cubic meters, with an increase in well opening rates by 2.6 percentage points year-on-year [3] - The gas production compliance rate reached 113.5%, up by 4.2 percentage points year-on-year, contributing to stable production [3] Group 3: Renewable Energy Development - Qinghai Oilfield is actively expanding its renewable energy business, achieving a total of 19.3 million kilowatt-hours of clean energy generation, replacing 237,000 cubic meters of natural gas and reducing carbon emissions by 24,000 tons [4] - The company successfully connected the second unit of the Golmud gas turbine power station to the grid, generating 160 million kilowatt-hours [4] - The company achieved early full-capacity grid connection for its 1 million kilowatt photovoltaic power station, generating 345 million kilowatt-hours of green electricity [4]

Core Viewpoint - Bull Group is expanding its new energy business, including charging piles and energy storage, amid slowing growth in its core businesses of electrical connections and smart electrical lighting [2][3]. Group 1: Business Performance - In 2024, Bull Group achieved operating revenue of 16.831 billion yuan, a year-on-year increase of 7.24%, and a net profit attributable to shareholders of 4.272 billion yuan, up 10.39% [3]. - The growth rates for both operating revenue and net profit in 2024 are the lowest in four years, with revenue growth rates from 2021 to 2024 being 23.22%, 13.70%, 11.46%, and 7.24% respectively [3][5]. - The electrical connection business generated revenue of 7.683 billion yuan in 2024, growing by 4.01% [4]. Group 2: Core Business Challenges - The revenue growth of the electrical connection business has slowed, with growth rates dropping from 15.58% in 2021 to 4.22% in 2022 and 4.77% in 2023 [5]. - The smart electrical lighting business has also seen a significant decline in revenue growth, from 36.90% in 2021 to 5.42% in 2024 [5]. Group 3: New Energy Business Expansion - The new energy business achieved revenue of 777 million yuan in 2024, a remarkable increase of 104.75%, becoming a new growth driver for the company [6]. - Bull Group is focusing on fast-charging products and aims to enhance its market position in personal charging piles through increased brand and marketing efforts [6][7]. Group 4: Internationalization Strategy - In 2024, Bull Group's overseas revenue reached 239 million yuan, growing by 36.75%, although the gross margin decreased by 10.80 percentage points [6][7]. - The company is expanding its business into emerging markets and Europe, developing a diverse product line that includes wall switches, lighting, and energy storage solutions [7].

Core Viewpoint - Zhejiang Chenfeng Technology Co., Ltd. plans to acquire 94.2752% equity of Liaoning Shengfan New Energy Engineering Co., Ltd. for a cash consideration of 32,845,423.04 yuan, which will make Shengfan a subsidiary of the company and included in its consolidated financial statements [1][2][3] Summary by Sections 1. Transaction Overview - The acquisition involves the company's wholly-owned subsidiary, Liaoning Shenfu North Power Grid Technology Co., Ltd., purchasing shares from related parties, including Mr. Ding Min, Ms. Zhang Rui, and Shanghai Huano Equity Investment Fund Management Co., Ltd. [1][2] - The transaction does not constitute a major asset restructuring as defined by relevant regulations [2][3] 2. Financial Details - As of April 30, 2025, the net asset value of Liaoning Shengfan is 34,839,939.92 yuan, with cash and structured deposits totaling 35,099,837.88 yuan [3][10][18] - The acquisition price reflects the assessed value of the shares based on an evaluation conducted by Kunyuan Asset Appraisal Co., Ltd. [3][12] 3. Related Parties - Mr. Ding Min is the controlling shareholder and actual controller of the company, holding 20% of its shares, while Ms. Zhang Rui is the vice president and his spouse [4][5] - Shanghai Huano is a related legal entity established by Mr. Ding and Ms. Zhang, with Mr. Ding holding 80% of its shares [5][6] 4. Strategic Rationale - The acquisition aims to reduce related party transactions and enhance the independence of the company's new energy business, thereby improving overall competitiveness [2][17] - By acquiring Liaoning Shengfan, the company can leverage its existing qualifications and capabilities in the new energy sector, facilitating project execution and cost control [18][19] 5. Governance and Approval - The transaction was approved by the company's board of directors and independent directors, with no objections raised during the voting process [20][20] - The company has committed to ensuring that the transaction adheres to principles of fairness and transparency [19][20]