Meeting Overview - The company will hold its fourth extraordinary general meeting on September 8, 2025, at 15:00 in Beijing [1] - The meeting will utilize a combination of on-site and online voting methods [1][3] - The online voting will be conducted through the Shanghai Stock Exchange's system, available from 9:15 to 15:00 on the same day [1][4] Voting Procedures - Shareholders can vote via the Shanghai Stock Exchange's network voting system or the internet voting platform [2][4] - The company will provide a reminder service for small and medium investors to ensure participation [4] - Duplicate votes through different methods will be counted based on the first submission [4] Attendance and Registration - Only shareholders registered by the close of business on September 1, 2025, are eligible to attend [5] - Registration for the meeting must be completed by September 5, 2025, with specific documentation required [5][6] - The meeting will last half a day, with attendees responsible for their own travel and accommodation costs [7] Contact Information - The company has provided contact details for inquiries related to the meeting [8]

Group 1 - The core viewpoint of the article is that Shandong Shanda Electric Power Co., Ltd. held its 16th meeting of the third board of directors on August 20, 2025, to review the semi-annual report for 2025 [1] - For the first half of 2025, the company's revenue composition was as follows: intelligent monitoring of the power grid accounted for 83.95%, the renewable energy sector accounted for 15.53%, and other businesses accounted for 0.52% [1] - As of the report date, the market capitalization of Shandong Shanda Electric Power is 8.1 billion yuan [1]

Core Insights - The company reported a revenue of 362.34 million yuan, representing a year-on-year increase of 1.48% [1][3] - The net profit attributable to shareholders reached 28.28 million yuan, a significant increase of 135.60% compared to the previous year [1][3] - The net profit after deducting non-recurring gains and losses was 26.92 million yuan, showing a remarkable growth of 272.32% [3][4] Financial Performance - Total assets at the end of the reporting period were 2.64 billion yuan, down 3.69% from the previous year [2] - Net assets attributable to shareholders decreased slightly by 0.59% to 1.92 billion yuan [2] - Basic earnings per share increased by 145.74% to 0.0548 yuan [1][3] Operational Highlights - The company maintained a strong safety record, with no major safety or environmental incidents reported during the period [3][4] - Quality control measures were enhanced, resulting in a 40% decrease in quality issues [4] - Project management practices were improved through dynamic tracking and lean management techniques, leading to better project profitability [4] Strategic Initiatives - The company is focusing on clean coal utilization and has made significant progress in low-carbon transformation projects [4][5] - It is actively pursuing new technologies in renewable energy sectors, including wind, solar, and hydrogen [4][5] - The company has 40 ongoing research projects, including three national-level projects, and has been recognized for its technological advancements [5]

Core Viewpoint - The legal opinion letter issued by Shanghai Tongli Law Firm confirms that Shandong Shanda Electric Technology Co., Ltd. has obtained all necessary approvals and qualifications for its initial public offering (IPO) and listing on the Shenzhen Stock Exchange's Growth Enterprise Market (GEM) [1][10]. Group 1: Approval and Authorization for Listing - The company held a temporary shareholders' meeting on July 22, 2022, where it approved the proposal for the IPO and listing on GEM [2]. - On May 6, 2023, the company further revised its proposals and authorized the board to handle the IPO matters [2]. - The Shenzhen Stock Exchange's Listing Review Committee approved the company's IPO application on April 10, 2025 [3]. - The China Securities Regulatory Commission granted approval for the company's IPO registration on May 5, 2025 [4]. - The Shenzhen Stock Exchange issued a notice on July 21, 2025, confirming the listing of the company's ordinary shares on GEM, with the stock name "Shanda Electric" and stock code "301609" [6]. Group 2: Company's Qualifications - The company is a legally established joint-stock limited company, having been in continuous operation since its establishment on April 12, 2001 [7]. - The company holds a valid business license issued by the Shandong Provincial Administration for Industry and Commerce [8]. Group 3: Substantive Conditions for Listing - The company has a total share capital of RMB 122.16 million before the IPO, with 40.72 million shares to be issued, resulting in a post-IPO share capital of RMB 162.88 million, exceeding the required RMB 30 million [9]. - The company reported net profits of RMB 100.51 million and RMB 121.99 million for the years 2023 and 2024, respectively, meeting the profitability requirements for listing [9]. - The company's controlling shareholder and actual controller have committed to not transferring or managing their shares for 36 months post-listing [9]. Group 4: Sponsorship and Commitment - The IPO is sponsored by Industrial Securities Co., Ltd., which is registered with the China Securities Regulatory Commission and meets the requirements of the listing rules [12]. - The company has signed a sponsorship agreement with Industrial Securities, outlining the rights and obligations during the IPO and ongoing supervision [12].

Core Viewpoint - Shandong Shanda Electric Technology Co., Ltd. has successfully completed its initial public offering (IPO) and is set to be listed on the ChiNext board, with the approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [1][2]. Summary by Sections IPO Details - The total number of shares for the IPO is 40.72 million, priced at RMB 14.66 per share [2]. - The initial strategic placement consists of 6.108 million shares, accounting for 15% of the total issuance [2]. - The final strategic placement for employee asset management plans is 4.072 million shares, representing 10% of the total issuance [2]. Issuance Mechanism - The issuance combines strategic placement, offline inquiry placement, and online public offering [1]. - The initial offline issuance is 26.2645 million shares (71.67% of the remaining shares), while the online issuance is 10.3835 million shares (28.33%) [3]. Subscription and Allocation - The effective number of subscription accounts for the online issuance is 12,493,731, with a total of 96,348,870,500 shares applied for [6]. - The subscription multiple for online investors is 9,279.03602 times, leading to the activation of the allocation mechanism [6]. Lock-up Periods - For offline investors, 90% of the shares will have no lock-up period, while 10% will be locked for 6 months [5]. - Shares allocated to the employee asset management plan will have a lock-up period of 12 months [5]. Compliance and Payment - Investors must ensure timely and full payment of subscription funds; failure to do so will result in invalidation of the allocation [4][6]. - The underwriting firm will underwrite any shares that are forfeited due to non-compliance [5].

Group 1 - The company, Shandong Shanda Electric Power Technology Co., Ltd., has received approval for its initial public offering (IPO) of RMB ordinary shares (A-shares) and listing on the Growth Enterprise Market [1] - The total number of shares to be publicly issued is 40.72 million, accounting for 25% of the total share capital after the issuance [1] - The issuance will involve a combination of strategic placement, offline inquiry placement, and online issuance to public investors [1] Group 2 - Before the adjustment mechanism is activated, the initial offline issuance quantity is 24.23 million shares, representing 70% of the issuance quantity after deducting the initial strategic placement [2] - The initial online issuance quantity is 10.38 million shares, accounting for 30% of the issuance quantity after deducting the initial strategic placement [2] - The final issuance quantities for both offline and online will be determined based on the adjustment situation and will be disclosed in the preliminary placement results announcement on July 16, 2025 [2] Group 3 - The company and its sponsor will hold an online roadshow to provide investors with information about the company and the issuance arrangements [2] - The online roadshow is scheduled for July 11, 2025, from 14:00 to 17:00 [2] - Participants in the roadshow will include key members of the company's management and relevant personnel from the sponsor [2]

Group 1 - The company has established and improved the system for the shareholders' meeting, board of directors, supervisory board, independent directors, and board secretary, ensuring compliance with relevant laws and regulations [1][2][3][4][5][6] - The company has held a total of 38 shareholders' meetings since its establishment, adhering to legal requirements and internal regulations [1] - The board of directors consists of 9 members, including 3 independent directors, and has held 58 board meetings, all in compliance with legal and regulatory standards [2][3] - The supervisory board is composed of 3 members, including 2 shareholder representatives and 1 employee representative, and has conducted 30 meetings since the company's establishment [3] - The independent directors play a significant role in enhancing the corporate governance structure and ensuring the protection of minority shareholders' rights [5] - The board secretary has been actively involved in organizing meetings and ensuring compliance with legal and regulatory requirements, contributing to the company's governance structure [6]

Group 1: Investor Relations Management - The company has established an information disclosure management system to ensure that disclosures are true, accurate, complete, and timely, in accordance with relevant laws and regulations [2][3] - The company has set up various communication channels for investors, including phone, website, fax, and email, to enhance communication and understanding between the company and its investors [2][3] - The company plans to actively manage investor relations post-IPO, ensuring fair treatment of all investors and compliance with legal requirements [2][3] Group 2: Dividend Distribution Decision Process - The board of directors will carefully consider the timing, conditions, and minimum ratio for cash dividends, with proposals requiring approval from more than half of the board members before being submitted to the shareholders' meeting [3][4] - The supervisory board will oversee the execution of the cash dividend policy and ensure compliance with decision-making procedures and information disclosure [3][4] - Shareholder meetings will actively communicate with minority shareholders to gather their opinions and address their concerns regarding dividend proposals [3][4] Group 3: Shareholder Voting Mechanism - The company has established a shareholder voting mechanism in accordance with regulatory requirements, including provisions for cumulative voting for the election of directors and the collection of voting rights [4][5] - A separate counting mechanism for minority investors will be implemented for significant matters affecting their interests, with results disclosed promptly [4][5] - The company will facilitate participation in shareholder meetings through both in-person and online voting options, ensuring transparency in the voting process [4][5]

Core Viewpoint - The company has established a public opinion management system to enhance its ability to respond to various public opinions, ensuring timely and effective handling of issues that may impact its stock prices, reputation, and normal operations [2][3]. Group 1: General Principles - The public opinion management system aims to protect investors' rights and interests by addressing negative or misleading media reports, rumors, and information that could affect the company's stock and derivatives [2]. - Public opinion is categorized into major public opinion, which significantly impacts the company's image or operations, and general public opinion, which is less severe [2]. Group 2: Organizational Structure and Responsibilities - The company has formed a public opinion management working group led by the chairman, with the board secretary as the deputy leader, to coordinate responses to public opinion crises [3]. - Subsidiary heads are responsible for managing public opinion related to their units and must report issues through established channels [3]. Group 3: Information Handling Principles and Measures - The company emphasizes quick response and coordinated communication during public opinion crises, ensuring consistent messaging and transparency to avoid speculation [5][6]. - Major public opinion incidents require the working group to convene and decide on appropriate measures, including investigations, communication with media, and investor engagement [6][7]. Group 4: Confidentiality Obligations and Accountability - All internal personnel and external consultants must maintain confidentiality regarding public opinion issues and their handling, with potential legal consequences for breaches that harm the company's reputation or stock prices [7]. - The company reserves the right to pursue legal action against external parties that disseminate false or misleading information affecting its public image [7].

Core Points - The company, Beijing Yubang Electric Technology Co., Ltd., has maintained its credit rating at "A" with a stable outlook for both its corporate entity and its convertible bonds [1][2]. Group 1 - Previous credit rating for the company was "A" with a stable outlook, and the same rating applies to the Yubang convertible bonds [1][2]. - The recent credit rating report was issued by Zhongzheng Pengyuan Credit Rating Co., Ltd. on June 20, 2025, confirming the ratings [1]. - The report is publicly available on the Shanghai Stock Exchange website [1].