格隆汇9月5日丨华银电力(600744.SH)公布，湖南能源拟通过集中竞价方式减持所持有的公司股份合计 不超过20,311,242股,不超过公司总股本的1%，即在任意连续90个日内，通过集中竞价交易方式减持股 份不超过公司总股本的1%。 ...

一、双碳要闻 A. 政策发布 1.国家发展改革委就《电力中长期市场基本规则（征求意见稿）》公开征求意见 据国家发展改革委网站9月2日消息，为规范电力中长期市场，维护电力市场秩序和各类经营主体合法权 益，国家发展改革委组织修订了《电力中长期市场基本规则（征求意见稿）》，向社会公开征求意见。 8月29日，国家能源局发布《中国天然气发展报告（2025）》。报告显示2024年国民经济回升向好，能 源转型加快推进，天然气利用管理持续优化，天然气消费呈现较快增长势头。全年天然气消费量同比增 长7.3%；天然气在一次能源消费总量中占比8.8%，较上年提高0.3个百分点。从消费结构看，城市燃气 消费同比增长11.1%，占比34%，居民生活、采暖用气自然增长，公福商业消费提速，LNG重卡销量再 创历史新高，交通物流消费增长显著。工业燃料消费同比增长6.1%，占比41%，主要受大规模设备更新 和消费品以旧换新政策拉动的双重驱动，传统制造业升级改造与战略性新兴产业产能扩张形成协同效 应。 零碳解读：气电对能源转型的支撑作用凸显，在亚洲发展中国家，天然气成为替代煤炭发电的最优能 源。2024年我国发电用气同比增长 9.5%，占比 1 ...

Core Viewpoint - The AI Fund ICBC Dividend Mixed Fund (481006) reported a profit of 12.44 million yuan for the first half of 2025, with a net asset value growth rate of 4.13% [2]. Fund Performance - As of September 3, the fund's unit net value was 0.82 yuan, and it had a fund size of 312 million yuan [2][31]. - The fund's performance over various periods includes a three-month net value growth rate of 12.45%, a six-month growth rate of 15.69%, a one-year growth rate of 27.35%, and a three-year growth rate of -4.28% [6]. Investment Strategy - The fund manager indicated a high position operation despite market shocks from U.S. tariff policies, focusing on quality growth dividends as the basis for investment opportunities [2]. - The investment selection criteria include profitability stability, improvement in profitability, and dividends [2]. Sector Allocation - The fund's allocation includes a focus on the financial sector, particularly favoring brokerage firms over banks since the second quarter [3]. - In the resource sector, the fund is primarily invested in gold and other non-ferrous metals [3]. - The infrastructure sector allocation is concentrated on electricity and telecommunications operators, with a reduction in telecom operators since the second quarter [3]. - The consumer and technology sectors maintain investments in white goods, consumer electronics, and non-brewed food and beverage, with an increased allocation in pharmaceuticals [3]. Valuation Metrics - As of June 30, 2025, the fund's weighted average price-to-earnings (P/E) ratio was approximately 13.69 times, significantly lower than the industry average of 33.74 times [11]. - The weighted average price-to-book (P/B) ratio was about 1.77 times, compared to the industry average of 2.47 times [11]. - The weighted average price-to-sales (P/S) ratio was approximately 2.58 times, slightly higher than the industry average of 2.07 times [11]. Growth Metrics - For the first half of 2025, the fund's weighted average revenue growth rate was 0.13%, and the weighted average net profit growth rate was 0.21% [18]. Fund Holder Information - As of June 30, 2025, the fund had 18,600 holders, with individual investors holding 99.98% of the shares [34]. Turnover and Concentration - The fund's turnover rate for the last six months was approximately 109.26%, which has been below the industry average for two consecutive years [37]. - The fund has a high concentration in its top ten holdings, which include major companies like China Merchants Bank and Midea Group [40].

人民财讯9月5日电，华银电力(600744)9月5日晚间公告，持股8.34%的股东湖南能源集团有限公司（简 称"湖南能源"）拟通过集中竞价方式，减持公司股份合计不超过2031.12万股，不超过公司总股本的 1%。 （原标题：华银电力：湖南能源拟减持公司不超1%股份） ...

华银电力（600744）(600744.SH)发布公告，湖南能源拟通过集中竞价方式减持所持有的公司股份合计 不超过2031.12万股,不超过公司总股本的1%，即在任意连续90个日内，通过集中竞价交易方式减持股份 不超过公司总股本的1%。 ...

★ 跟踪：中证绿色电力指数 证券代码：600023 证券简称：浙能电力 公告编号：2025-032 浙江浙能电力股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 浙江浙能电力股份有限公司（以下简称"公司"）于 2025 年 9 月 5 日 一、本次业绩说明会召开情况 关于本次业绩说明会的召开事项，公司已于 2025 年 8 月 29 日在上海证券交 易所网站（www.sse.com.cn）披露了《关于召开 2025 年半年度业绩说明会的公 告》（公告编号：2025-028）。2025 年 9 月 5 日 15:00-16:00，公司在上海证券 交易所上证路演中心召开了 2025 年半年度业绩说明会。公司董事长刘为民，董 事会秘书魏峥，独立董事程金华、王智化和倪晨凯参会，在信息披露允许的范围 内就投资者普遍关注的问题进行互动交流。 二、本次业绩说明会投资者提出的问题及公司回复情况 问题 1：请问公司今年有扩展其他业务的打算吗？ 公司答复：投资者您好，公司将坚持主责主业 ...

Core Viewpoint - China Three Gorges Corporation plans to increase its stake in China Yangtze Power Co., Ltd. by investing between RMB 4 billion and RMB 8 billion over the next 12 months, reflecting confidence in the company's future development [1] Group 1: Shareholding Information - The controlling shareholder, China Three Gorges Corporation, holds 10,474,432,302 shares, representing 42.81% of the total share capital before the planned increase [1] - The total shareholding of China Three Gorges Corporation and its concerted actions amounts to 12,864,812,941 shares, or 52.58% of the total share capital [1] Group 2: Implementation Progress - As of September 4, 2025, China Three Gorges Corporation has acquired a total of 41,147,100 shares through centralized bidding, with an investment amounting to RMB 1,164.4978 million [1] - The planned period for the share increase is from August 23, 2025, to August 21, 2026 [1] Group 3: Risks Related to the Increase Plan - The implementation of the increase plan may face risks due to changes in capital market conditions or other unpredictable factors [1] - The announcement does not indicate any changes in the controlling shareholder or actual controller as a result of this increase [2]

智通财经APP讯，华银电力(600744.SH)发布公告，湖南能源拟通过集中竞价方式减持所持有的公司股 份合计不超过2031.12万股,不超过公司总股本的1%，即在任意连续90个日内，通过集中竞价交易方式减 持股份不超过公司总股本的1%。 ...

证券研究报告 公用事业 | 电力 非金融|公司点评报告 hyzqdatemark 2025 年 09 月 05 日 投资要点： 查浩 SAC：S1350524060004 zhahao@huayuanstock.com 刘晓宁 SAC：S1350523120003 liuxiaoning@huayuanstock.com 邹佩轩 SAC：S1350524070004 zoupeixuan01@huayuanstock.com 戴映炘 SAC：S1350524080002 daiyingxin@huayuanstock.com 蔡思 SAC：S1350524070005 caisi@huayuanstock.com 市场表现： | 基本数据 | | | 2025 | 年 | 09 | 月 04 日 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | | | | 5.25 | | | | | 年 内 高 低 | 最 | 最 | | | | 6.60/4.19 | / | | 一 | | （元） | ...

证券之星消息，9月5日电力板块较上一交易日上涨0.91%，露笑科技领涨。当日上证指数报收于 3812.51，上涨1.24%。深证成指报收于12590.56，上涨3.89%。电力板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002617 | 露笑科技 | 9.09 | 10.05% | 317.34万 | | 27.97亿 | | 600021 | 上海电力 | 20.77 | 10.01% | 157.13万 | | 30.59亿 | | 600509 | 天富能源 | 7.32 | 7.17% | 144.11万 | | 10.39 乙 | | 001289 | 龙源电力 | 17.82 | 6.07% | - 15.47万 | | 2.70亿 | | 601908 | 京运通 | 4.34 | 5.60% | 230.28万 | | 9.92亿 | | 619109 | 嘉泽新能 | 4.07 | 5.17% | 61.59万 | | 2.46亿 | ...