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的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致 的任何損失承擔任何責任。 中 國 電 力 國 際 發 展 有 限 公 司 China Power International Development Limited 附註： 本公告所載數據僅基於內部管理紀錄，尚未經外部核數師審計或審閱。投資者於買 賣本公司股份時務請審慎行事。 承董事局命 中國電力國際發展有限公司 主席 賀徙 二零二五年八月售電量 中國電力國際發展有限公司（「本公司」）宣佈，根據本公司的初步統計，本公司及 其附屬公司（統稱「本集團」）於二零二五年八月的合併總售電量為 11,721,471 兆瓦 時，較去年同月增加 4.78%，而二零二五年首八個月的合併總售電量為 86,801,266兆瓦 時，較去年同期減少 1.11%。 本集團於二零二五年八月及截至二零二五年八月三十一日止八個月的總售電量，按發 電廠類型列示如下： | 全資擁有或 | | | 售電量（兆瓦時） | | | | | --- | --- | --- ...

港股點評 2025年9月22日9:30 a.m 恒指升 1 點，滬指跌 11 點，標普 500 升 32 點 市場觀望中美元首通話。港股反覆上落，恒指高開 38 點，初段曾跌 130 點一度 低見 26,414 點，其後曾升 92 點一度高見 26,637 點，全日升不足 1 點，收 26,545 點；國指升 15 點或 0.17%，收 9,472 點；恒生科技指數升 23 點或 0.4%，收 6,294 點。大市全日成交總額 3,768.12 億元。 人民銀行 19 日公開市場開展 3,543 億元人民幣七天期逆回購操作，操作利率持 平於 1.4%。有 2,300 億元逆回購到期，單日淨投放 1,243 億元。人民幣兌美元中 間價下調 43 點至 7.1128。A 股三大指數牛皮偏軟。滬指全日收報 3,820 點，跌 11 點或 0.3%，成交額逾 1.02 萬億元；深證成指收報 13,070 點，跌 4 點或 0.04%， 成交額逾 1.3 萬億元；創業板指收報 3,091 點，跌 4 或 0.2%，成交額 5,994 億 元。 美股三大股指於周四齊創新高後，周五再度破頂。道指收高 172 點，漲幅 0. ...

Report Summary Market Performance - The Hang Seng Index opened 104 points higher and then widened its gains, rising 262 points or 1% to close at 26,200 points. The China Enterprises Index rose 85 points or 0.93% to close at 9,328 points, and the Hang Seng Tech Index rose 73 points or 1.3% to close at 5,902 points. The total turnover of the market was HK$288.209 billion [1]. - The three major A-share indexes fluctuated and stabilized. The Shanghai Composite Index rose 4 points or 0.1% to close at 3,812 points, with a turnover of RMB821.1 billion. The Shenzhen Component Index rose 47 points or 0.4% to close at 12,557 points, with a turnover of nearly RMB1.2 trillion. The ChiNext Index rose 36 points or 1.3% to close at 2,904 points, with a turnover of RMB563.1 billion [1]. - The S&P 500 index and the Nasdaq Composite Index both hit record highs, but the Dow Jones Industrial Average fell 220 points or 0.5% to close at 45,490 points, dragged down by Apple and Amazon. The S&P 500 index rose 19 points or 0.3% to 6,532 points, and the Nasdaq rose 6 points to 21,886 points [2]. Macroeconomic Data - The People's Bank of China conducted RMB304 billion of seven-day reverse repurchase operations on the 10th, with the operating rate remaining flat at 1.4%. There were RMB229.1 billion of reverse repurchases due, resulting in a net injection of RMB74.9 billion. The central parity rate of the RMB against the US dollar was lowered by 54 points to 7.1062 [1]. - China's CPI fell 0.4% year-on-year last month, worse than expected, and the PPI fell 2.9%, in line with expectations [1]. - The US wholesale price index (PPI) unexpectedly fell in August, fueling market expectations that the Federal Reserve will cut interest rates again next week [2]. Corporate News - China Pacific Insurance (02601.HK) announced the issuance of RMB15.556 billion of zero-coupon convertible bonds due in 2030, with an initial conversion price of RMB39.04 per share, a premium of about 21.24% over the closing price of RMB32.2 on the 10th. The bonds can be fully converted into about 398 million shares, accounting for 12.55% of the enlarged H shares and 3.98% of the issued share capital [3]. - China Resources Power (00836.HK) announced its latest operating data. The electricity sales of its subsidiary power plants reached 20.7334 million megawatt-hours in August, a year-on-year increase of 8.9%. Among them, the electricity sales of its subsidiary wind farms were 2.9779 million megawatt-hours, an increase of 19.4%, and the electricity sales of its subsidiary photovoltaic power plants reached 1.0022 million megawatt-hours, an increase of 30.1% [3]. Policy News - The National Development and Reform Commission stated that it is necessary to implement a special action to boost consumption, clean up restrictive measures, and introduce several measures to expand service consumption [2].

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的內容概不負責，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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （根據公司條例在香港註冊成立的有限責任公司） （股份代號：836） 2025年8月電廠售電量數據 所附的新聞稿載列華潤電力控股有限公司（「本公司」）及其附屬公司2025年8月 電廠售電量數據。新聞稿載列的資料可能為股價敏感資料。因此，本公告所附 的新聞稿乃按《證券及期貨條例》第XIVA部發出。新聞稿載列的資料根據內部 管理記錄編製，未經外聘核數師審核或審閱。 本公告乃本公司根據《證券及期貨條例》第XIVA部發出。 本公告載列的資料根據內部管理記錄編製，未經外聘核數師審核或審閱，因此該 等數據僅供投資者參考。 投資者在買賣本公司股份時務必審慎行事。 承董事會命 華潤電力控股有限公司 主席 史寶峰 香港，2025年9月10日 於本公告日期，董事會包括三名執行董事，即史寶峰先生（主席）、王波先生及宋 葵先生；三名非執行董事，即周波先生、李傳吉先生及曾俊先生；及六名獨立非 執行董事，即梁愛詩女士、錢果豐博士、蘇 ...

Report Summary Global Market Performance - The Hang Seng Index opened 164 points higher but closed 153 points or 0.6% lower at 25,343 points. The China Enterprises Index fell 58 points or 0.6% to 9,050 points, and the Hang Seng Tech Index dropped 44 points or 0.8% to 5,683 points. The total turnover of the market was HK$267.647 billion [1]. - The Shanghai Composite Index lost 44 points or 1.16% to close at 3,813 points, while the Shenzhen Component Index declined 81 points or 0.65% to 12,472 points. The ChiNext Index rose 27 points or 0.95% to 2,899 points [1]. - The Nasdaq Composite Index gained 218 points or 1% to 21,497 points, the Dow Jones Industrial Average fell 24 points to 45,271 points, and the S&P 500 Index rose 32 points or 0.5% to 6,448 points [2]. Central Bank Operations - The People's Bank of China conducted 229.1 billion yuan of seven - day reverse repurchase operations at an unchanged rate of 1.4%. With 379.9 billion yuan of reverse repurchases maturing, there was a net withdrawal of 150.8 billion yuan [1]. Index Changes - FTSE Russell announced the quarterly review results of the FTSE China Index Series for September. The changes will take effect on September 22. The FTSE China A50 Index will include BeiGene (688235.SH), New Fiber Optic Network (300502.SZ), WuXi AppTec (603259.SH), and Zhongji Innolight (300308.SZ), while removing China National Nuclear Power (601985.SH), China Unicom (600050.SH), Guodian NARI (600406.SH), and Wanhua Chemical (600309.SH) [2]. Economic Conditions - The Fed's Beige Book survey showed that economic activity in most parts of the US has remained little changed in recent weeks. Consumer spending was flat or down as wage growth for many households did not keep up with price increases [2][3]. Company Performance - Country Garden (02007.HK) reported that in August, the contract sales attributable to shareholders' equity were about 2.96 billion yuan, down 13.7% year - on - year, and the contract sales area was about 350,000 square meters, unchanged from the previous year [3].

Group 1: Investment Recommendation - Constellation Energy (CEG.US) is recommended for purchase at a price of 325.00 HKD, with a target price of 360.00 HKD and a stop-loss at 300.00 HKD[2][4] Group 2: Market Trends and Demand - The demand for electricity is expected to increase significantly due to the rapid development of the AI industry, which relies heavily on power supply for data centers[2] - Traditional energy sources may struggle to meet this growing demand, leading to a surge in the clean energy market[2] Group 3: Company Performance - Constellation Energy reported Q2 revenue of 6.101 billion USD, an increase of 11.43% year-on-year, exceeding market expectations by 25.09%[3] - Earnings per share (EPS) for the same period was 2.67 USD, up 3.49% year-on-year, and surpassing market expectations by 41.81%[3] Group 4: Financial Strategy - The company has a strong cash position and is expected to increase dividends by 10% in 2025 while continuing share buybacks, highlighting its investment value[3]

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的內容概不 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 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Hebei Yichen Industrial Group Corporation Limited* 河北翼辰實業集團股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） 諒解備忘錄並不構成訂約方就建議交易事項或其條款或安排或訂立任何正式 協 議 之 具 法 律 約 束 力 協 議。除 上 文 所 述 者 外，諒 解 備 忘 錄 的 其 他 條 文（如 有 關 盡 職 審 查 權 利、保 密、費 用 及 諒 解 備 忘 錄 期 限 之 條 文）對訂約各方均具法律約 束 力。 – 1 – （股 份 代 號：1596） 自願性公告 有關可能收購電力業務權益之 諒解備忘錄 本自願性公告由河北翼辰實業集團股份有限公司（「本公司」）作 出，旨 在 向 本 公 司股東（「股 東」）及 潛 在 投 資 者 提 供 有 關 ...

Market Performance - The Hang Seng Index dropped 37 points or 0.1% to close at 25,524 points, the China Enterprises Index fell 31 points or 0.3% to end at 9,145 points, and the Hang Seng Tech Index declined 19 points or 0.3% to finish at 5,644 points. The total turnover of the market was HK$267.01 billion [1]. - The Shanghai Composite Index rose 11 points or 0.3% to close at 3,609 points, with a turnover of RMB793.6 billion; the Shenzhen Component Index increased 71 points or 0.6% to end at 11,289 points, with a turnover of nearly RMB1.01 trillion; the ChiNext Index climbed 44 points or 1.9% to finish at 2,406 points, with a turnover of RMB492.2 billion [1]. - The S&P 500 Index slightly closed lower by 18 points or 0.3% at 6,370 points, the Nasdaq Composite Index ended down 80 points or 0.4% at 21,098 points, and the Dow Jones Industrial Average closed 204 points or 0.5% lower at 44,632 points [2]. Macroeconomic News - The People's Bank of China conducted RMB449.2 billion of seven - day reverse repurchase operations on the 29th, with an operating rate unchanged at 1.4%. There were RMB214.8 billion of reverse repurchases due, resulting in a net injection of RMB234.4 billion. The central parity rate of the RMB against the US dollar was reported at 7.1511, down 44 points [1]. - The Monetary Authority of Singapore maintained its monetary policy unchanged, expecting economic growth to slow in the second half of the year, with the output level slightly below the economic potential, but core and overall inflation to remain between 0.5% - 1.5% [2]. - China and the US held a new round of economic and trade talks in Stockholm on the 29th. According to the consensus, both sides will continue to promote the extension of the suspended 24% US reciprocal tariffs and China's counter - measures [3]. - In the first half of this year, the total profit of national state - owned enterprises was RMB2.18 trillion, down 3.1% year - on - year; the total operating income was RMB40.75 trillion, down 0.2% year - on - year; and the tax payable was about RMB3 trillion, down 0.8% year - on - year [3]. - In June 2025, the import of passenger cars in the Chinese mainland was 41,000 units (including chassis), down 30.3% year - on - year and 9.1% month - on - month. In the first half of the year, the cumulative import of passenger cars was 221,000 units, down 32.1% year - on - year [3]. Company News - China Ruyi (00136.HK) issued a profit warning, expecting to turn losses into profits in the six - month period ended June 30, 2025, with an unaudited after - tax comprehensive net profit of about RMB1 - 1.2 billion, compared with a net loss of about RMB123 million in the same period last year. Revenue is expected to be between about RMB2.1 - 2.3 billion, up 14% - 25% from about RMB1.84 billion in 2024 [4]. - Huaneng Power International (00902.HK) announced its interim results for the six months ended June. Operating income was RMB112.032 billion, down 5.7% year - on - year. Net profit was RMB9.578 billion, up 23.2%, with earnings per share of 52 cents. No interim dividend was declared [4]. - Shanghai Fudan (01385.HK) issued a profit warning, expecting net profit for the six months ended June to be between RMB180 - 210 million, down 39.7% - 48.3% year - on - year; revenue to be between RMB1.82 - 1.85 billion, up 1.4% - 3.1% [4]. - Baosheng International (03813.HK) announced that it expects to record operating income of about RMB9.159 billion and profit attributable to the company's owners of about RMB188 million for the six months ended June 30, 2025, down about 8.3% and 44.1% respectively from the same period last year [4]. Trade - related News - US President Trump announced that India may face a 20% - 25% tariff if a trade agreement cannot be reached [2].

開展基礎設施公募REITs申報工作及建議分拆 本 公 告 乃 華 能 國 際 電 力 股 份 有 限 公 司（「公 司」，連 同 其 附 屬 公 司 統 稱 為「集 團」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上市規則」）第13.09(2) 條和香港法例第571章證券及期貨條例第XIVA部 的 內 幕 消 息 條 文（定 義 見 上 市 規 則）而 作 出。 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的內 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的 任 何 損 失 承 擔 任 何 責 任。 公 司 董 事 會（「董事會」）欣 然 宣 佈，於 二 零 二 五 年 五 月 二十七 日，董 事 會 決 議，以 公 司 全 資 附 屬 公 司 華 能 青 島 熱 電 有 限 公 司（「青島公司」）擁 有 的 位於青島西海岸新區泊裡鎮董家口港區的華能董家口2×35萬千瓦熱電 聯 產 項 目（2台35萬 千 瓦 熱 電 聯 產 機 組 及 ...

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的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 中 國 電 力 國 際 發 展 有 限 公 司 本集團於二零二五年四月及截至二零二五年四月三十日止四個月的總售電量，按發電廠類 型列示如下： | 全資擁有或控制 的發電廠 | 2025 年 | 2024 年 | 售電量（兆瓦時） 同比變化 | 2025 年 | 2024 年 | 同比變化 | | --- | --- | --- | --- | --- | --- | --- | | | 4 月 | 4 月 | 首四個月 | | | | | 水力發電 | 976,780 | 2,093,095 | -53.33% | 4,457,129 | 5,376,512 | -17.10% | | 風力發電(1) | 3,101,167 | 2,255,658 | 37.48% | 11,484,319 | 8,691,801 | 32.13% | | 光伏發電 | 2,233,480 | 2,031,260 | ...