Group 1 - The core focus of the 31st Lanzhou Investment and Trade Fair is on attracting investment in various sectors, particularly in new energy projects, which account for over 60% of the total investment amount [1][3] - A total of 122 projects were signed during the event, with a total investment amount of 46.421 billion yuan [1][3] - The signing of strategic cooperation agreements with Wuxi City and Envision Energy highlights the commitment to developing a zero-carbon industrial park and promoting economic collaboration [1][3] Group 2 - The new energy projects include a 3 million kilowatt photovoltaic project in Liuzhou District, which will feature solar power arrays and supporting substations, along with ecological restoration efforts [3] - Innovative projects in the new materials sector include a 200,000-ton annual production capacity for nano-calcium-based materials and a lithium-ion battery anode material project with an annual output of 60,000 tons [3] - The focus on agricultural products and food processing emphasizes the integration of technology to enhance industry value, as seen in the smart mushroom industry park and modern potato industry park [3] Group 3 - The region is recognized for its diverse agricultural products and has established a complete industrial chain from grain to food, including significant capacities for wind power generation [5] - Wu Wei is developing a first-class development ecosystem driven by leading enterprises, supported by favorable policies and efficient services, aiming for breakthroughs in new industrialization and productivity [5]

公用事业 超配（维持） 公用事业行业双周报（2025/6/20-2025/7/3） 南方区域电力市场启动连续结算试运行 投资要点： 本报告的风险等级为中风险。 本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 请务必阅读末页声明。 行 业 周 报 分析师：苏治彬 SAC 执业证书编号： S0340523080001 电话：0769-22110925 邮箱： suzhibin@dgzq.com.cn 分析师：刘兴文 SAC 执业证书编号： S0340522050001 电话：0769-22119416 邮箱： liuxingwen@dgzq.com.cn 行业指数走势 资料来源：iFinD，东莞证券研究所 相关报告 证 券 研 究 报 告 行 业 研 2025 年 7 月 4 日 究 ◼ 行情回顾：截至7月3日，近两周申万公用事业指数上涨1.0%，跑输沪深 300指数2.2个百分点，在31个申万行业中排第28名；年初至今，申万公 用事业指数下跌0.02%，跑输沪深300指数0.9个百分点，在31个申万行 业中排第23名。 ◼ 分板块来看，近两周申万公用事业指数的子 ...

Group 1 - Brother Technology expects a net profit of 60 million to 75 million yuan for the first half of 2025, representing a year-on-year increase of 325% to 431.25% [1] - Zhonggang Luonai's shareholder plans to reduce its stake by 0.5%, amounting to no more than 562,500 shares [1] - Hesheng Silicon Industry's controlling shareholder intends to exchange up to 1% of its shares for ETF units, totaling no more than 11,822,100 shares [1][2] Group 2 - Suotong Development's actual controller plans to reduce its stake by up to 2.21%, equating to no more than 1,098,720 shares [2] - Funeng Technology's shareholder plans to reduce its stake by no more than 1%, totaling up to 12,221,000 shares [2][3] - Yuhua Development expects a net profit of 175 million to 225 million yuan for the first half of 2025, a year-on-year increase of 632% to 784% [4][5] Group 3 - Dingsheng Co. plans to reduce its stake by no more than 1.71%, equating to up to 726,430 shares [5] - Renle's stock has been terminated from listing, officially delisted on July 4, 2025 [6] - Weitang Industrial's controlling shareholder plans to reduce its stake by no more than 1.95%, totaling up to 340,000 shares [7] Group 4 - Yingfeng Environment's convertible bond may trigger a downward adjustment of the conversion price due to stock prices falling below 85% of the conversion price [8] - Jingye Da's actual controller plans to reduce its stake by no more than 3%, equating to up to 694,150 shares [10] - Yongtai Technology and its subsidiary are suing for 57.5193 million yuan in damages [11] Group 5 - *ST Meigu's subsidiary has been applied for bankruptcy liquidation [12] - Daoshi Technology plans to invest up to 165 million USD in a copper wet smelting project in the Democratic Republic of Congo [13] - Xinbo Co.'s actual controller plans to reduce its stake by no more than 1.54%, totaling up to 372,440 shares [14] Group 6 - Yunnan Energy Investment has obtained the development rights for a photovoltaic power generation project with a capacity of 20 MW [15] - Qinglong Pipe Industry's controlling shareholder plans to reduce its stake by no more than 3%, equating to up to 990,970 shares [15] - Yangjie Technology has terminated the share issuance and cash acquisition of Beite Electronics, opting for cash acquisition instead [16] Group 7 - Taijia Co.'s controlling shareholder plans to reduce its stake by no more than 3%, totaling up to 755,210 shares [17] - Songyang Resources has terminated the planning of a control change and will resume trading on July 4, 2025 [19]

Group 1 - MSCI Nordic Countries Index increased by 0.3%, reaching 353.33 points, with the financial sector leading the gains [1] - Vestas Wind Systems saw a significant rise of 6.9%, continuing its strong performance from Wednesday where it surged by 10.10% [1]

Group 1 - The company has approved a plan to repurchase A-shares through a centralized bidding process, with the proposal passed in multiple meetings [1][2] - The total amount allocated for the repurchase is between RMB 300 million and RMB 500 million, with a maximum repurchase price set at RMB 13.28 per share [2] - The estimated total number of shares to be repurchased ranges from approximately 22.59 million shares (0.53% of total shares) to 37.65 million shares (0.89% of total shares) [2] Group 2 - The company has also received authorization to repurchase H-shares, with the total number of shares to be repurchased not exceeding 10% of the total issued H-shares [3] - The repurchase price for H-shares cannot exceed 105% of the average closing price over the previous five trading days [3] - As of June 30, 2025, the company has not yet repurchased any H-shares [4]

Group 1 - The company announced a share repurchase plan with a total expected amount between 100 million and 200 million RMB [1][2] - The repurchase period is set from May 23, 2025, to May 22, 2026 [1] - The maximum repurchase price was adjusted to 4.37 RMB per share due to the implementation of the 2024 annual equity distribution [2] Group 2 - As of June 30, 2025, the company has not yet conducted any share repurchases [3] - The company will comply with relevant regulations and disclose the progress of the share repurchase in a timely manner [3]

Summary of Key Points Core Viewpoint - The announcement provides an update on the conversion of convertible bonds issued by China Energy Conservation Wind Power Co., Ltd., highlighting the low conversion rate and the remaining unconverted bonds. Group 1: Convertible Bond Issuance Overview - The company issued 30 million convertible bonds with a total value of RMB 3 billion, with a maturity of 6 years and a tiered interest rate structure starting from 0.2% in the first year to 2.0% in the sixth year [2][3]. - The convertible bonds, known as "节能转债," began trading on December 27, 2021, with an initial conversion price of RMB 4.05 per share, which has since been adjusted to RMB 3.37 per share [3][4]. Group 2: Conversion Status - As of June 30, 2025, only 0.006884% of the total convertible bonds have been converted into shares, amounting to RMB 1,359,000 and 345,077 shares [1][5]. - The total amount of unconverted "节能转债" as of the same date is RMB 2,998,641,000, representing 99.9547% of the total issuance [1][5]. Group 3: Share Capital Changes - The total share capital increased from 6,473,389,180 shares to 6,473,390,050 shares due to the conversion of 870 shares from the convertible bonds [6]. - The number of shares with unlimited sale conditions increased from 5,966,842,861 to 5,966,843,731 shares following the conversion [6].

金十数据6月30日讯，2025年6月28日，土耳其贸易部发布第2025/14号公告称，应土耳其生产商申请， 对原产于中国的风力发电机叶片（土耳其语：rüzgar türbini kanadı）启动反倾销调查。本案倾销调查期 为2023年10月1日~2024年9月30日，损害调查期为2021年1月1日~2024年9月30日。涉案产品的土耳其税 号为8503.00.98.90.19、84.12和85.02。公告自发布之日起生效。 （中国贸易救济信息网） 土耳其对华风力发电机叶片启动反倾销调查 ...

欧盟近期对华上演的"三连击"堪称国际外交舞台的荒诞剧——G7峰会上与特朗普唱双簧渲染"稀土威胁论"，驻华大使同步打出"企业恐慌"苦情牌，北约秘书 长吕特更在台湾问题上玩火挑衅。三路并进的强硬姿态看似来势汹汹，实则如泥牛入海，连个政策涟漪都未激起。这种精妙算计却打在空气里的尴尬，恰似 挥舞三板斧的莽夫撞上了铜墙铁壁，徒留国际社会看客般的哂笑。 欧盟三板斧砍在棉花上：当对华施压沦为战略自嗨 施压戏码背后的致命软肋 冯德莱恩在G7会场将中国稀土政策扣上"武器化"帽子的表演堪称拙劣。当她声嘶力竭指控中国"不公平竞争"时，欧洲工业界早已在稀土断供的寒风中瑟瑟发 抖。从新能源车的电机到风力发电的磁铁，中国掌控着全球90%稀土永磁材料的命脉，这让欧盟的指控如同乞丐抱怨富翁不肯施舍金条——既荒谬又虚伪。 更讽刺的是，这位欧盟掌门人前脚在国际场合抹黑中国，后脚就急不可耐安排访华行程，这种"先泼脏水再求合作"的套路，活脱脱是市井无赖的现代翻版。 双面戏法难掩战略焦虑 驻华大使豪尔赫·托莱多的"恐惧论"表演更具黑色幽默。他一面强调稀土短缺"非常非常严重"，一面又寄望中国在冯德莱恩到访前主动让步。这种"既要施压 又要让利"的精分逻辑 ...

中国北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮政编码 100025 电话: (86-10) 5809-1000 传真: (86-10) 5809-1100 北京市竞天公诚律师事务所 关于金风科技股份有限公司 年第二次 H 股类别股东会议 之 法律意见书 致：金风科技股份有限公司 北京市竞天公诚律师事务所（以下简称"本所"）接受金风科技股份有限公 司（以下简称"公司"）的委托，委派本所律师出席公司 2024 年年度股东会及 "本次股东会"），根据《中华人民共和国公司法》 （以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规 则》（以下简称"《股东会规则》"）和《金风科技股份有限公司章程》（以下 简称"《公司章程》"）的有关规定，出具本法律意见书。 本所律师按照《股东会规则》的要求对本次股东会的合法、合规、真实、有 效进行了充分的核查验证，保证本法律意见书不存在虚假、误导性陈述及重大遗 漏，并对本法律意见书的真实性、准确性、完整性承担相应的法律责任。 本法律意见书仅供公司为本次股东会之目的而使用，不得被任何人用于其他 任何目的。本所律师同意本法 ...