湖南百利工程科技股份有限公司 会议资料 湖南百利工程科技股份有限公司 2024 年年度股东大会 湖南百利工程科技股份有限公司 二〇二五年五月二十日 湖南百利工程科技股份有限公 司 2024 年年度股东大会 目 录 为了维护全体股东的合法权益，确保现场股东大会的正常秩序和议事效率， 保证现场会议的顺利进行，根据《公司法》、 《上市公司股东大会规则》等有关法 律法规和《公司章程》的规定，现就湖南百利工程科技股份有限公司 2024 年年 度股东大会会议规则明确如下： 一、为确认出席大会的股东及股东代表或其他出席者的出席资格，会议工作 人员将对出席会议者的身份进行必要的核对工作，请被核对者给予配合。 二、股东及股东代表应于会议开始前入场；中途入场者，应经过会议工作人 员的许可。 三、会议按照召集通知及公告上所列顺序审议、表决议案。 四、股东及股东代表参加股东大会依法享有发言权、质询权、表决权等权利。 股东及股东代表参加股东大会应认真履行其法定义务，不得侵犯公司和其他股东 及股东代表的合法权益，不得扰乱股东大会的正常秩序。 五、要求发言的股东及股东代表，应当按照会议的议程，经会议主持人许可 方可发言。有多名股东及股东代 ...

Core Viewpoint - The company is preparing for its 2024 Annual General Meeting, scheduled for May 22, 2025, focusing on various proposals including financial institution credit applications and executive compensation plans [1][2]. Group 1: Meeting Details - The Annual General Meeting will be held on May 22, 2025, with a registration date of May 16, 2025 [1]. - The meeting will utilize the Shanghai Stock Exchange's online voting system, with specific voting times outlined [1]. - The agenda includes the announcement of the meeting's start, review of various proposals, and voting on key issues [1]. Group 2: Financial Performance - The company achieved a net profit of 212.36 million yuan in 2024, representing a year-on-year growth of 4.89% [2]. - The total equity attributable to shareholders increased by 4.41% to 4.16 billion yuan compared to the beginning of the year [2]. Group 3: Strategic Initiatives - The company is implementing a "one vertical, one horizontal" development strategy, focusing on providing low-carbon energy solutions and enhancing brand presence [8][9]. - The company aims to become a leading provider of low-carbon energy systems for industrial and commercial sectors while also promoting low-carbon living solutions for consumers [8][9]. Group 4: Market and Brand Development - The company has invested in brand building through high-profile advertising campaigns and participation in major events, enhancing brand visibility [10][11]. - The company has received multiple awards and recognitions, solidifying its position as a leader in the clean energy and kitchen appliance sectors [10][11]. Group 5: Research and Development - The company is focused on continuous innovation in air-source heat pump technology and has made significant advancements in energy efficiency and product performance [13][15]. - The establishment of a zero-carbon experimental building marks a milestone in the company's commitment to technological innovation and sustainable development [12][13]. Group 6: Production and Operations - The company has expanded its production capacity with new assembly lines and facilities, enhancing its operational efficiency [16][17]. - The company is adopting smart manufacturing practices to improve production automation and management digitalization [17]. Group 7: Human Resources and Talent Development - The company is actively building a talent pipeline and fostering a culture of continuous learning and development among its workforce [17]. - Initiatives include training programs and a structured career development path for employees [17]. Group 8: Industry Trends and Future Outlook - The solar thermal utilization industry is expected to grow, driven by technological advancements and increased government support for clean energy [26][27]. - The air-source heat pump market is projected to expand significantly, with a focus on meeting global energy transition goals [27][28]. - The kitchen appliance sector is recovering, supported by policies promoting the replacement of old appliances and increasing consumer demand for high-quality, smart products [29].

Company Overview - Zhejiang Yongtai Technology Co., Ltd. was established in 1999 and listed in 2009, headquartered in Taizhou, Zhejiang Province. It is a global leader in fluorine fine chemicals manufacturing, covering both inorganic and organic fluorochemical industries [2]. - The company has multiple production bases in Zhejiang, Inner Mongolia, Fujian, and Guangdong, with sufficient existing, under-construction, and planned capacity to support future core business growth [2]. Financial Performance - In 2024, the company achieved operating revenue of CNY 458,939.78 million, a year-on-year increase of 11.18%. Although the net profit after deducting non-recurring items remains in a loss position, the loss narrowed by 36.26% year-on-year, indicating improved operational quality [3]. - The lithium battery materials segment showed significant performance improvement, with a gross margin increase of 23.07 percentage points year-on-year. The plant protection segment's revenue grew by 91.79%, enhancing market competitiveness [3]. - In Q1 2024, the company reported operating revenue of CNY 105,995.92 million and a net profit attributable to shareholders of CNY 1,057.75 million [3]. Business Development and Future Prospects - The fluorinated liquid project is progressing well, with the company actively developing products, verifying processes, and promoting the market to ensure rapid response to customer needs once market conditions are favorable [4]. - The demand for fluorinated liquids is expected to grow rapidly due to advancements in artificial intelligence, high-performance computing, and semiconductor processes. The company's electronic fluorinated liquids offer advantages such as environmental friendliness, energy efficiency, and high thermal stability [5]. - The collaboration with Fudan University on the development of long-life lithium battery technology aims to enhance battery lifespan and reduce energy consumption, aligning with national carbon neutrality goals [7]. Segment-Specific Insights Lithium Battery Materials - The company has established a vertically integrated supply chain in lithium battery materials, from lithium salt raw materials to electrolytes. The new technology project aims to significantly enhance the cycle life of lithium-ion batteries [8]. - Future price trends for lithium battery materials are uncertain due to various factors, including market supply and demand, raw material costs, and industry policies [9]. Plant Protection - The significant revenue growth in the plant protection segment in 2024 is attributed to the successful production launch of new products and increased market share due to improved market conditions [10]. Pharmaceutical Sector - The decline in revenue and gross margin in the pharmaceutical segment is primarily due to the expiration of original drug patents, leading to increased market supply and price drops [11]. - The company plans to enhance profitability in the pharmaceutical sector by focusing on high-value-added formulation products and expanding its sales network across 26 provinces [11]. Risk Management and Strategic Focus - The company has a diversified business layout and strong risk resistance, with minimal impact from tariff policies on overall revenue [12]. - Future profit growth will be driven by the expansion of lithium battery materials, stable growth in pharmaceuticals, market expansion in plant protection, and the potential of new businesses like fluorinated liquids [14].

《电动汽车车载动力电池耐久性要求及试验方法 第1部分：轻型汽车》（征求意见稿）的主要内容除 前言外包括：范围、规范性引用文件、术语和定义、总体要求、SOCE 精度验证试验、虚拟里程精度验证 试验、在用车符合性，共七章，以及附录A（规范性）电动汽车车载动力电池老化衰减方法；附录B（规 关于征求《电动汽车车载动力电池耐久性要求及试验方法 第1部分：轻型汽车》推荐性国家标准意见的 函 关于进一步优化机动车环境监管的意见 点 击 蓝 字 关 注 我 们 本文全文共 4741 字，阅读全文约 15 分钟 关于征求《电动汽车车载动力电池耐久性要求及试验方法 第1部分：轻型汽车》推荐性国家标准意 见的函 5月9日，全国汽车标准化技术委员会电动车辆分会公布"关于征求《电动汽车车载动力电池耐久性要 求及试验方法 第1部分：轻型汽车》推荐性国家标准意见的函"。 函告称，由全国汽车标准化技术委员会电动车辆分技术委员会组织起草的《电动汽车车载动力电池耐 久性要求及试验方法 第1部分：轻型汽车》推荐性国家标准已形成征求意见稿。现提交公示，广泛征求意 见。征求意见截止日期：2025年7月8日。 范性）OBD 接口传输数据清单；附录C（规 ...

Core Viewpoint - The company is set to implement a large-scale coal conversion project in Xinjiang, utilizing a new technology called coal hydrogenation pyrolysis to achieve clean and efficient utilization of abundant coal resources in the region [2][3]. Group 1: Technology Overview - The coal hydrogenation pyrolysis technology integrates the advantages of coal-to-gas and coal-to-oil processes, producing high-value light aromatics and methane as by-products [2]. - The process operates under medium temperature (800℃~1000℃) and high pressure (5~10 MPa), involving rapid hydrogenation pyrolysis reactions and secondary cracking of volatile components [2][3]. - The technology is suitable for high-volatile coal, producing high-quality aromatics with benzene and naphthalene accounting for up to 80% of the aromatic products [2][3]. Group 2: Project Development - The company has established a 400 tons/day industrial demonstration unit in Inner Mongolia and plans to optimize it in 2024, upgrading core systems [3]. - Multiple million-ton-level coal conversion projects are planned in Xinjiang, aiming to create a closed-loop industry of "clean coal conversion—high-end material manufacturing" [3][4]. - The projects have passed feasibility assessments and are currently advancing through environmental impact report approvals [3]. Group 3: Industry Impact - The technology is expected to facilitate the transformation and upgrading of coal resources, aligning with the national "dual carbon" strategy goals [4]. - By integrating with green electricity, green hydrogen, and steel metallurgy industries, the technology aims to enhance resource efficiency and sustainability in traditional energy sectors [4].

Core Viewpoint - The Chinese steel industry is experiencing stable production and operational performance in the first quarter of the year, with significant year-on-year growth in steel output, laying a solid foundation for positive development throughout the year [1]. Group 1: Production and Performance - In the first quarter, China's steel production exceeded 350 million tons, marking a year-on-year increase of 6.1% [1]. - The crude steel production reached 259 million tons, with a growth of 0.6%, while pig iron production was 216 million tons, up by 0.8% [1]. - The China Iron and Steel Association indicated that the industry's operational performance has improved compared to the previous year [1]. Group 2: Industry Transformation and Environmental Initiatives - The steel industry is currently in a critical period of transformation and upgrading, focusing on green and low-carbon development [1]. - As of April 20, 2025, 141 steel enterprises have completed ultra-low emission transformations, covering crude steel capacity of approximately 591 million tons [3]. - The industry is shifting from a linear "resource-product" model to a closed-loop model of "resource-product-recycled resource" [3]. Group 3: Future Goals and Achievements - By the end of this year, key regional steel enterprises are expected to complete their ultra-low emission transformations, establishing the world's largest clean steel production system [4]. - Over the past year, China has eliminated 300 million tons of outdated steel production capacity, with over 45% of crude steel capacity undergoing ultra-low emission transformations, significantly reducing major pollutants by over 75% [4]. - The goal is for over 80% of steel production capacity to complete the transformation by the end of 2025 [4].

Core Insights - The hydrogen fuel cell combined heat and power (HFC-CHP) system is a crucial development in clean energy technology, achieving over 90% overall energy utilization efficiency, significantly outperforming traditional energy systems [1][10][6] - The industry is in its early stages of commercialization, but driven by policy support and technological advancements, market applications are accelerating [15][10] - Notable projects have been launched in 2024, including the first 2MW hydrogen fuel cell CHP demonstration project in China, showcasing significant breakthroughs in the efficient utilization of industrial by-product hydrogen [15][1] Industry Overview - The HFC-CHP system integrates hydrogen fuel cell technology to simultaneously generate electricity and heat through electrochemical reactions, with various types categorized by electrolyte types, including PEMFC, SOFC, and MCFC [8][4] - The system consists of four main components: hydrogen source generator, power generation device, power electronics, and waste heat storage system [4] Market Dynamics - The Chinese hydrogen fuel cell CHP industry has developed a comprehensive ecosystem, focusing on domestic production of key materials and components, system integration, and diverse applications across industrial parks, commercial buildings, and residential communities [8][10] - The market size of China's hydrogen fuel cell industry grew from 1.63 billion yuan in 2019 to 3.93 billion yuan in 2023, with a compound annual growth rate of 24.61% [13] Competitive Landscape - The domestic market is characterized by a tiered competition structure, with leading companies like Qingneng Co. and Jie Hydrogen Technology dominating industrial applications, while others focus on commercial scenarios [17] Development Trends - The hydrogen fuel cell CHP technology is expected to become a vital part of China's energy system, supporting carbon peak and carbon neutrality goals [19] - There is a trend towards diversified applications, with innovations like "hydrogen communities" and "zero-carbon buildings" emerging in the residential sector [21][22] - Industry consolidation is accelerating, with major energy companies pursuing mergers and partnerships to enhance capital and technological synergies, leading to a shift from fragmented competition to a more integrated market [23]

Core Viewpoint - The Southern Power Grid Shenzhen Power Supply Bureau has released its first sustainable development report, marking its 14th consecutive year of social responsibility reporting, and has received the highest "five-star" rating for the second consecutive year, demonstrating its leadership in social responsibility disclosure within the industry [1]. Group 1: Sustainable Development and Innovation - The report focuses on stakeholder needs and highlights the bureau's efforts in environmental, social, and corporate governance, as well as its management practices in implementing the "dual carbon" strategy, enhancing the business environment for electricity, ensuring safe and stable power supply, customer service, employee care, and community service [1]. - In 2024, the bureau aims to establish itself as a benchmark for virtual power plant management, technology, and application, launching the Shenzhen Virtual Power Plant Management Cloud Platform 3.0, which is the largest in the country [1]. Group 2: Achievements and Recognition - The bureau has facilitated the trading of over 17 million green certificates, leading in transaction volume among cities in the Southern Power Grid region, and has invested in the construction of 21 ultra-fast charging stations as part of Shenzhen's "supercharging city" initiative [1]. - In 2024, the bureau has built 11 high-quality power supply leading areas, achieving world-leading average customer outage times and maintaining high customer satisfaction ratings, while successfully responding to significant rainfall challenges [2]. - The bureau has been recognized as a "benchmark enterprise" in the national state-owned enterprise reform "Double Hundred Action" for three consecutive years and has been rated as a comprehensive benchmark enterprise by Southern Power Grid in 2024 [2].

内容概要：储能升压站作为构建新型电力系统的关键枢纽设备，正在经历从单一并网功能向"多能协同 +智能调控+电网支撑"的多元化价值跃升。在"双碳"战略目标的强力驱动下，随着《新型电力系统发展 蓝皮书》等顶层设计文件的落地实施，储能升压站已发展成为解决可再生能源高比例消纳难题、增强电 网灵活调节能力的战略性基础设施。在政策红利释放和技术迭代加速的双重推动下，中国储能升压站市 场规模呈现指数级增长态势，预计2025年将突破500亿元大关，年复合增长率有望保持在40%以上。 上市企业：中国能建（601868.SH）、阳光电源（300274.SZ）、许继电气（000400.SZ）、科华数据 （002335.SZ）、海博思创（688411.SH）、中天科技（600522.SH）、特变电工（600089.SH） 相关企业：中国能源建设集团有限公司、南京南瑞继保电气有限公司、深圳三晖能源科技有限公司、华 为数字能源技术有限公司、明光鸿远新能源科技有限公司 关键词：储能升压站、储能升压站产业链、储能升压站行业政策、储能升压站发展现状、储能升压站市 场格局、储能升压站发展趋势 一、储能升压站行业相关概述 储能升压站是将储能系统与升 ...

Core Viewpoint - GCL-Poly Energy achieved significant growth in Q1 2025, driven by rapid advancements in distributed photovoltaic and energy storage projects, alongside effective cost management strategies [1][2]. Financial Performance - In Q1 2025, the company reported revenue of 2.933 billion yuan, a year-on-year increase of 21.49% - Net profit attributable to shareholders reached 254 million yuan, up 35.15% year-on-year - Non-recurring net profit surged to 193 million yuan, reflecting a substantial year-on-year growth of 176.61% [1]. Strategic Layout - The company has established a dual-driven development model focusing on "energy assets + energy services" - The goal for the next five years is to have energy service revenue exceed 50% of total revenue - In energy asset management, the company is exploring value-added operational scenarios such as load forecasting and price arbitrage, aiming for a dual revenue structure of guaranteed returns from physical assets and flexible returns from market services - The company is expanding its comprehensive energy services, including virtual power plants, energy trading, and energy-saving renovations, with a current adjustable load capacity of 550 MW in Jiangsu Province, representing 30% of the province's actual adjustable load [2]. Technological Innovation - The company partnered with Ant Group to launch the "EnergyTS Energy Power Time Series Model Integration Machine," which significantly outperformed international mainstream products in photovoltaic scenario evaluations - The partnership also led to the issuance of China's first photovoltaic green asset RWA (Real World Asset), creating a new financing model that transforms "green production" into "green finance" [2]. Investor Returns - The company plans to distribute a cash dividend of 1 yuan per 10 shares (tax included), totaling approximately 158 million yuan, which accounts for 32.34% of the net profit attributable to shareholders for 2024 - The management emphasizes the importance of value-based market capitalization management and aims to enhance core competitiveness through continuous technological innovation and operational quality improvements [3]. Future Outlook - GCL-Poly Energy aims to align with the "dual carbon" strategic goals and accelerate business transformation and upgrades through the dual-driven approach of energy assets and services - The company anticipates establishing a differentiated competitive advantage in the evolving new energy system, creating sustained value for investors [3].