Core Viewpoint - Wolong Real Estate is undergoing a significant transformation by divesting its mining business and shifting focus towards the renewable energy sector, aiming to establish a dual business model of "real estate + renewable energy" [1][10]. Group 1: Divestment of Mining Business - On May 10, Wolong Real Estate announced plans to sell 90% of its stake in Shanghai Mining to its indirect controlling shareholder, Wolong Holdings, marking a complete exit from the mining trade [3][4]. - In 2024, Wolong Real Estate's total revenue was reported at 3.611 billion yuan, with the mining business contributing 2.477 billion yuan, accounting for 68.6% of total revenue [3][4]. - The decision to divest comes amid a decline in the revenue of the mining business, which fell from 3.599 billion yuan in 2022 to 2.477 billion yuan in 2024 [4][6]. Group 2: Shift to Renewable Energy - Concurrently, Wolong Real Estate has acquired several companies in the renewable energy sector, including Zhejiang Long Energy and Zhejiang Wolong Energy Storage, and will change its name to "Wolong New Energy" on May 15 [10][12]. - The acquired companies include one profitable entity, Long Energy, which reported a net profit of approximately 105 million yuan in 2024, while the others reported losses [12]. - The strategic shift towards renewable energy is seen as a proactive response to industry cycles and aims to capture growth opportunities in the context of global energy transition and carbon neutrality goals [12][13]. Group 3: Industry Context and Challenges - The renewable energy sector is experiencing high growth, with global photovoltaic installations increasing by over 30% in 2024, and battery shipments growing by 25% [13]. - However, the industry is also facing challenges, with some companies experiencing profit declines, highlighting the competitive landscape and the need for effective resource integration and management [13][16]. - The trend of real estate companies diversifying into other sectors, such as renewable energy, is becoming more common as firms seek to mitigate risks associated with the traditional real estate market [14][15].

华夏时报（www.chinatimes.net.cn）记者 张智 北京报道 从环比看，CPI由降转升，涨幅高于季节性水平0.2个百分点，主要是食品、出行服务回升带动。 5月10日，国家统计局发布的物价数据显示，4月份，全国居民消费价格指数（CPI）环比由上月下降0.4%转为上 涨0.1%，同比下降0.1%，降幅与上月相同；扣除食品和能源价格的核心CPI同比上涨0.5%。 "4月CPI同比增速大致符合市场预期，环比增速由降转升至0.1%，涨幅高于季节性水平0.2个百分点，主要是食 品、出行服务回升带动。4月PPI同比增速录得-2.7%，略好于市场预期，环比下降0.4%，主要受4月国际定价的大 宗商品价格下行等输入性因素影响，关税等国际经贸环境变化对PPI的影响暂未充分显现。"浙商证券首席经济学 家李超对《华夏时报》记者分析表示。 "虽然国际输入性因素对部分行业价格产生一定下拉影响，但我国经济基础稳、韧性强，各项宏观政策协同发力， 高质量发展扎实推进，部分领域价格呈现积极变化。"国家统计局城市司首席统计师董莉娟解读数据时表示。 按照预测，二季度经济相较一季度将有所回落，全年可能呈现前高中低后稳的U型走势，物价回升 ...

近年来，北京市外调绿电规模持续扩大，绿电供应更加充足。数据显示，从2016年到2024年，北京市外 调绿电消纳量由98亿千瓦时提升至350亿千瓦时，全市绿电量占全社会用电量比重由12%提升至29%。 2025年，预计北京外调绿电规模将超过400亿千瓦时。 （文章来源：人民日报） 北京与新疆有着至少2个小时的光照时差，每年4月份，新疆光伏发电出力最高峰为每天15时，而北京用 电晚高峰从17时开始。两地以错峰交易巧解绿电供需"时空锁"，这不仅让新能源企业更准确预测发电能 力，也以小时级交易曲线充分挖掘绿电潜力，让新疆午后光伏发电高峰与北京傍晚用电高峰精准衔接， 形成能源时空互补格局。 首都电力交易中心交易员崔东君介绍，绿电错峰交易的新模式由北京电力交易中心与首都电力交易中 心、新疆电力交易中心联合实施，在扩大绿电进京规模的同时，也有效促进了新疆光照充足时段的光伏 消纳。 新疆风、光资源丰富，新能源装机规模已突破1亿千瓦。2025年以来，首都电力交易中心通过平台聚合 等方式，创新开展省份间绿电集中竞价交易，截至5月初，新疆送北京绿电交易达成电量已经超过3200 万千瓦时。 傍晚的首都北京，华灯初上。国家大剧院内，舞 ...

输/售气量 证券代码：600956 证券简称：新天绿能 公告编号：2025-025 新天绿色能源股份有限公司 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。 根据公司初步统计，2025年4月，本公司及子公司按合并报表口径完成发电 量1,477,832.60兆瓦时，同比增加16.91%。截至2025年4月30日，累计完成发电量 发电量 地区 2025 年 4 月 同比变动 2025 年 1-4 月 同比变动 （兆瓦时） （%） （兆瓦时） （%） 风电业务 1,448,098.38 16.01 5,911,582.04 10.98 河北 1,040,486.76 20.19 4,341,569.16 13.91 山西 49,591.32 76.58 210,571.92 29.91 新疆 29,009.36 -30.29 95,661.69 -21.78 云南 59,548.95 -25.58 238,910.67 -19.45 山东 10,332.64 62.27 32,696.04 -1.00 内蒙古 75,063.98 4 ...

新天绿能（600956）公告，2025年4月公司及子公司按合并报表口径完成发电量147.78万兆瓦时，同比 增加16.91%。截至2025年4月30日，累计完成发电量602.2万兆瓦时，同比增加11.91%。风电业务2025年 4月发电量144.81万兆瓦时，同比增加16.01%；太阳能业务2025年4月发电量29734.22兆瓦时，同比增加 89.04%。 ...

证券代码：000537 证券简称：中绿电 天津中绿电投资股份有限公司 投资者关系活动记录表 编号：2025-01 | | 特定对象调研 □分析师会议  | | --- | --- | | 投资者关系活 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | 动类别 | □现场参观 | | | □其他 | | 活动参与人员 | 华泰证券（黄波） | | 时间 | 2025 年 5 月 8 日 15:00-15:40 | | 地点 | 公司会议室 | | 上市公司接待 | 总经理助理、董事会秘书伊成儒 | | 人员姓名 | 证券事务部（董事会办公室）副经理芈斐斐 | | | 证券事务部（董事会办公室）投资者关系管理马啸 | | 形式 | 现场会议 | | | 问题1.2025年一季报归母净利润增速（52.18%）远超营收增速 | | | （19.81%）的原因是什么？是否因成本控制（如"提质增效"措施 | | | ）或非经营性因素（如补贴、税收优惠）？ | | | 答：主要原因有三：一是2024年及2025年一季度新增项目并网 | | | 投运，导致2025年一季度发电量及营业收入同比增加。 ...

5月7日，山东省发展和改革委员会近日印发《山东省新能源上网电价市场化改革实施方案 (征求意见稿)》、《山东省新能源机制电价竞价实施细则(征求意见稿)》。 山东，成为国内首个公开1 3 6号实施细则文件的省份。 《实施方案》指出， 2 0 25年5月3 1日前投产的存量新能源项目 全电量参与市场交易后,机制电价水平按国家政 策上限执行， 统一明确为每千瓦时 0.3949 元(含税) ;单个项目机制电量上限参考外省新 能源非市场化率，适度优化;执行期限按照全生命周期合理利用小时数剩余小时数执行。 2 0 25年6月1日起投产的增量新能源项目 ，由省发展改革委会同有关单位明确机制电量规 模、执行期限，通过价格竞争方式确定机制电价水平。 设置申报充足率下限，引导新能 源充分竞争，降低全社会用能成本，2025 年竞价申报充足率不低于1 2 5%。 竞价时按申 报价格从低到高确定入选项目，机制电价原则上按入选项目最高报价确定(不高于竞价上 限)。 纳入机制的电量受机制电价保障，相应电量不再参与绿电交易，不重复获得绿证收益。 山东省发展和改革委员会 征求意见函 山东能源监管办、省能源局,国网山东省电力公司,相关发电企 业: ...

Core Viewpoint - The recent announcement by Inner Mongolia Power Investment Energy Co., Ltd. regarding a significant asset restructuring process with its controlling shareholder, State Power Investment Corporation, highlights the company's strategic move to enhance its operational efficiency and market competitiveness through the acquisition of Baiyin Hwa Coal Power Co., Ltd. [1][3][10] Company Overview - Inner Mongolia Power Investment Energy Co., Ltd. was established in 2001 and listed on the Shenzhen Stock Exchange in April 2007. The company operates in coal, aluminum, thermal power, and new energy sectors, creating a "coal-new energy-electricity-aluminum" circular economy model [5]. - As of April 30, the company's stock price was 17.85 yuan, with a market capitalization of approximately 40 billion yuan [6]. Financial Performance - The company has experienced continuous growth in revenue and net profit for four consecutive years from 2021 to 2024. In 2024, the company achieved a net profit attributable to shareholders of 5.34 billion yuan, a 17.15% increase year-on-year, driven by higher sales prices and volumes of coal and aluminum products, as well as significant growth in solar and wind energy sales [8][9]. - Key financial metrics for 2024 include: - Revenue: 29.86 billion yuan, up 11.23% from 2023 - Net profit: 5.34 billion yuan, up 17.15% from 2023 - Basic earnings per share: 2.38 yuan, up 12.80% from 2023 [9]. Strategic Asset Restructuring - The proposed acquisition of 100% equity in Baiyin Hwa Coal Power is currently in the planning stage, with discussions ongoing and no formal agreements signed yet. The transaction is expected to enhance the company's operational capabilities and align with its strategic goals [3][10]. - Baiyin Hwa Coal Power, established in 2003, has a registered capital of 3.86 billion yuan and operates in coal production, coal chemical processing, and comprehensive utilization of coal ash, which complements the existing business of Inner Mongolia Power Investment Energy [10]. Industry Context - The energy sector is undergoing significant transformation, with increasing demand for clean energy and pressure on traditional thermal power companies to transition to greener, low-carbon operations. The asset restructuring is seen as a critical step for Inner Mongolia Power Investment Energy to adapt to these industry changes [10]. - The integration of Baiyin Hwa Coal Power is expected to create a full supply chain from coal mining to thermal power and green aluminum production, enhancing the company's cost competitiveness and operational efficiency [10]. Future Outlook - The completion of the restructuring is anticipated to optimize the company's industrial structure, improve profitability, and strengthen market competitiveness. The company aims to leverage this opportunity to achieve sustainable growth amid industry changes [11].

Financial Performance - In 2024, the company achieved operating revenue of 29.86 billion yuan, an increase of 11.2% year-on-year [2][3] - The net profit attributable to shareholders reached 5.34 billion yuan, reflecting a growth of 17.1% compared to the previous year [2][3] - The net profit after deducting non-recurring gains and losses was 5.10 billion yuan, with a year-on-year increase of 17.5% [2][3] - The net cash flow from operating activities was 7.95 billion yuan, up 15.7% year-on-year [2][3] - Total assets at the end of Q4 2024 amounted to 516.34 billion yuan, a 6.5% increase year-on-year [2] - The net assets attributable to shareholders were 346.03 billion yuan, showing a growth of 12.0% [2] Business Segments - The company has a diversified business layout, including coal, thermal power, aluminum, and renewable energy sectors [3] - In the coal sector, national self-owned coal supply is expected to reach 4.82 billion tons by 2025, an increase of approximately 6 million tons year-on-year [3] - The thermal power business faces pressure on market position and profitability due to the continuous growth of renewable energy generation capacity [3] - In the aluminum sector, the direct alloying ratio of aluminum water is projected to increase to over 90% by 2025, amid ongoing cost pressures [3] - The company plans to enhance competitiveness through optimized procurement, transportation strategies, and refined production management [3] Renewable Energy Growth - The renewable energy sector has emerged as a significant highlight for the company, with revenue from this segment increasing by 71.02% year-on-year in 2024 [4] - Despite uncertainties in electricity demand growth, the overall market outlook for renewable energy remains broad [4] Research and Development - The company significantly increased its R&D investment in 2024, with an amount of 130 million yuan, representing a growth of 301.42% compared to 2023 [5] - The proportion of R&D investment to operating revenue rose from 0.12% to 0.44% [5] - Capitalized R&D investment accounted for 39.70% of total R&D expenditure, a substantial increase from 2.16% in 2023 [5]

Core Viewpoint - A new company, Baotou Bobo New Energy Technology Co., Ltd., has been established, focusing on renewable energy services such as power generation, wind power, solar power, and energy storage [1] Company Summary - The legal representative of the newly established company is Huang Zifeng [1] - The registered capital of the company is 1 million yuan [1] - The company is wholly owned by Haibo Sichuang through indirect shareholding [1] Industry Summary - The company's business scope includes services related to power generation technology, wind power technology, solar power technology, and energy storage technology, indicating a focus on the renewable energy sector [1]