这一步,前进暗前的创新者走出来持续研发加快创新对的路不怕远以千万次的推敲展起能源事业的新鲜之火为今天高质量发展注入笔记与信心 投资者朋友大家上午好欢迎大家参加新天绿色能源股份有限公司2024年度业绩说明会我是公司副总裁董事会秘书班泽峰本次会议采取现场直播加现场嘉宾互动加网络文字互动的形式和大家进行沟通交流首先非常感谢上海证券交易所上证录影中心 为公司搭建这样一个与投资者交流的平台增加公司向资本市场展示的机会增进广大投资者对公司的了解及时传递公司的投资价值今天出席本次会议的嘉宾有党委书记执行董事总裁谭建新先生独立董事郭英军先生 总会计师刘涛先生为了让各位投资者更加直观全面的了解公司下面请各位投资者观看公司宣传片世界上 路有千万种纵横南北横贯东西星天在万千道路中布一条向上的征程路有人说路途遥远山峭路远但总有这样一群人执念挑战书写星天征程路上的每一步 这一步打破边界的探索者走出来夯实基础开拓业务去到从未踏及过的版图创出一番新天地找能望向星辰大海的方向 这一步公司入局的奋斗者走出来落实责任强化执行全力推进各板块项目落地用行动代替言语让项目跑名实践积蓄出跨越四季的赛道 这一步心怀理想的普通人走出来心有所信行有所为为其艰 ...

证券代码：001258 证券简称：立新能源 新疆立新能源股份有限公司 投资者关系活动记录表 公司 2025 年续建项目主要是达坂城 50 万千瓦风电项目、奇 台县 30 万千瓦风光同场项目、三塘湖 80 万千瓦风储项目，上述 项目预计总投资额 68.78 亿元，截止到 2024 年末累计已投入金 额 35.26 亿元，后续投入金额预计 33.52 亿元。 公司2025年1月新取得了两个构网型独立储能项目备案证， 分别是和田县 300 兆瓦/1200 兆瓦时构网型独立储能项目和皮山 县 200 兆瓦/800 兆瓦时构网型独立储能项目，这两个项目的预 计投资总额是 17.77 亿元。 资金来源方面，公司项目投资资金来源，通常是 20%的自有 资金和 80%的金融机构贷款。作为上市公司，公司目前可选择融 资工具较多，公司通过合理的采用不同的融资方式，来补充资本 编号：2025-003 投资者关系活动 类别 特定对象调研 分析师会议 媒体采访 业绩交流会 新闻发布会 路演活动 现场参观 其他 参与单位名称及 人员姓名 会议由招商证券组织，共 11 名机构投资者参与，具体名单详见 附件（排名不分先后） 时间 2025 ...

中广核新能源公告，根据初步统计，2025年3月公司及其附属公司按合并报表口径完成发电量1765.1吉 瓦时，较2024年同比减少4.7%。其中，中国风电项目增加2.2%，中国太阳能项目减少7.1%，中国热电 联产及燃气项目减少37.3%，中国水电项目增加9.2%及韩国项目减少15.9%。截至2025年3月31日止三个 月，本集团今年累计完成发电量4771吉瓦时，较2024年同比减少3.7%。其中，中国风电项目减少 1.1%，中国太阳能项目增加8.2%，中国热电联产及燃气项目减少22.1%，中国水电项目增加0.9%及韩国 项目减少11.0%。 ...

二 〇 二 五 年 度 2025 年 4 月 6 日 全国碳市场：CEA 延续弱势，CCER 市场活跃 度下滑 唐惠珽 投资咨询从业资格号：Z0021216 tanghuiting029999@gtjas.com 报告导读： ◼ 本周价格走势：CEA 延续弱势，CCER 市场活跃度下滑 本周，全国碳市场综合价格偏弱运行，收盘价 85.4 元/吨，周环比-0.84%。年同比-2.59%。分年份 看，碳配额 21、22 暂无成交，碳配额 19-20、23 环比上周分别下跌 2.34%、1.08%。全国温室气体自愿 减排交易市场最新单日成交均价 93 元/吨，周环比-1.80%。 全国碳市场周度总成交量约 174 万吨，环比上周增加 40%，符合团队前期"强制流通配额加速释放" 的观点；其中，挂牌协议成交约 17 万吨，在周度总成交量中所占比例为 9.9%。分年份看，碳配额 23 成 交热度仍然最高，约占周总成交量比例降至 96%（下滑 3 个百分点）。全国温室气体自愿减排交易市场周 度总成交量约 1 万吨，环比下滑 79%。 全国碳市场周度成交均价 76.76 元/吨，周环比下滑 10.28%，主要受大宗协议成交 ...

Core Viewpoint - China Nuclear Power Co., Ltd. reported a total installed capacity of 44.39 million kilowatts, with 17 units under construction and a capacity of 19.43 million kilowatts as of March 31, 2025. The company achieved a total power generation of 59.74 billion kilowatt-hours in the first quarter of 2025, reflecting a year-on-year increase of 16.93% [1][2]. Summary by Category Power Generation and Capacity - The total power generation for Q1 2025 was 59.74 billion kilowatt-hours, up 16.93% from 51.09 billion kilowatt-hours in the same period last year [1]. - The total grid-connected power generation was 56.45 billion kilowatt-hours, representing a year-on-year increase of 17.17% [1]. - The nuclear power generation reached 49.48 billion kilowatt-hours, a 13.30% increase compared to 43.67 billion kilowatt-hours in Q1 2024 [1]. - The company has a total installed capacity of 44.39 million kilowatts, with 3.07 million kilowatts in renewable energy, including 1.00 million kilowatts from wind power and 2.07 million kilowatts from solar power [1]. Performance of Nuclear Power Stations - The Qinshan Nuclear Power Unit 1 generated 25.28 billion kilowatt-hours, a decrease of 11.85% year-on-year [1]. - Jiangsu Nuclear Power saw a 1.97% increase in generation, totaling 6.61 billion kilowatt-hours [1]. - Hainan Nuclear Power experienced a decrease of 1.18%, generating 2.12 billion kilowatt-hours [1]. - Fuzhou Nuclear Power reported a significant increase of 32.49%, generating 6.67 billion kilowatt-hours [1]. Renewable Energy Performance - The total power generation from renewable energy sources was 10.26 billion kilowatt-hours, with wind power contributing 5.10 billion kilowatt-hours, marking a 39.50% increase year-on-year [1][2]. - Solar power generation reached 2.07 billion kilowatt-hours, reflecting a 37.20% increase compared to the previous year [1][2]. - The total grid-connected renewable energy generation was 10.08 billion kilowatt-hours, up 38.28% year-on-year [1]. Future Outlook - The company has 17 units under construction, with a total capacity of 19.43 million kilowatts, indicating a strong pipeline for future growth in nuclear energy [1].

New IPOs - In March 2025, 14 new stocks were issued in the A-share market, raising a total of 7.9 billion yuan, a month-on-month increase of 104.6%[6] - The average fundraising rate for new stocks was 85%, up 6 percentage points from the previous month[7] - The average first-day increase for new stocks was 227%, with a 2 billion yuan allocation yielding a profit of 1.468 million yuan[45] REITs - In March 2025, there were 2 REITs issued, with an average of 93 institutions participating in the offline inquiry, resulting in an average subscription multiple of 128.8 times, a record high since 2024[2] - The average pricing level for REITs rose to the 78th percentile of the inquiry range, an increase of 14 percentage points month-on-month[2] - The first-day average increase for REITs was 27.3% in the first quarter of 2025, with no instances of "zero break" on the first day of listing[2] Market Trends - The average initial PE ratio for new stocks in March 2025 was 21 times, a month-on-month increase of 22%, with a 46% discount compared to comparable companies[16] - The number of offline inquiry participants increased, with the average number of participants for the Sci-Tech Innovation Board and the Growth Enterprise Market reaching 5,767 and 6,530, respectively, both hitting new highs for the year[21] Risk Factors - Potential risks include changes in the pace of IPO reviews, adjustments to issuance systems, fluctuations in investor participation, and the quality and quantity of declared projects[2]

新材料与智能制造领域进展缓慢 在新材料领域，悦达投资领投的珩创纳米磷酸锰铁锂项目在2024年5月正式投产，形成1.5万吨的综合产 能，产品出货量较上一年度实现4倍以上的增长。然而，尽管新材料业务取得一定进展，但其对公司整 体业绩的贡献仍然有限。 3月28日，悦达投资发布2024年年报，公司全年实现营业收入30.33亿元，同比下降3.03%；归属净利润 为0.27亿元，同比下降28.92%。尽管公司在新能源领域取得显著进展，但净利润的持续下滑暴露出其转 型过程中的盈利能力不足问题。 然而，尽管新能源项目进展顺利，公司的盈利能力并未显著提升。2024年归属净利润同比下降 28.92%，扣非净利润更是亏损7266万元。这表明，尽管新能源项目为公司带来了新的增长点，但其对 整体盈利的贡献尚未显现，短期内仍面临较大的盈利压力。 传统业务收缩，资产优化效果有限 为聚焦新能源业务，悦达投资在2024年转让了悦达智行公司100%股权，进一步优化资产结构。这一举 措虽然有助于公司集中资源发展新能源，但也导致营业收入减少，2024年营业收入同比下降3.03%。 新能源布局加速，但盈利能力承压 此外，公司在传统业务领域的收缩并未带 ...

Core Viewpoint - The performance report of Shango New Energy for 2024 reveals surprising results, with revenue reaching 4.423 billion RMB and net profit at 463 million RMB, reflecting a year-on-year growth of approximately 32% [1] Group 1: Performance Highlights - Shango New Energy's revenue and net profit exceeded market expectations, with previous forecasts estimating revenue at around 4.4 billion RMB and net profit at approximately 410 million RMB [1] - The company demonstrated strong resilience despite challenges such as wind and solar power curtailment and fluctuating electricity prices, achieving steady revenue growth and rapid profit increase [1] Group 2: Business Structure and Strategy - The structural adjustment of the business layout was key to stabilizing revenue, with wind power business achieving significant growth, offsetting a decline in solar power revenue [3] - Wind power revenue reached 1.187 billion RMB, a year-on-year increase of 24.2%, accounting for 26.8% of total revenue, up 5.5 percentage points from the previous year [3] - The company strategically shifted focus to wind power projects, successfully bidding for multiple wind power projects, laying a foundation for future growth [3] Group 3: Financial Strategy - Shango New Energy's innovative financial strategies contributed to the increase in net profit, with financial expenses decreasing by 16% to 1.147 billion RMB and the financial expense ratio dropping from 30.6% to 25.9% [4] - The company utilized innovative financing tools and optimized debt structure to reduce costs, maintaining stable growth despite subsidy reductions in the industry [4] Group 4: Operational Efficiency - The implementation of an AIoT-based smart operation and maintenance platform enhanced operational efficiency, leading to cost reduction and improved power generation efficiency [5] Group 5: Strategic Ecosystem Development - Shango New Energy is transitioning from a single power generation competition to a comprehensive energy service model, focusing on the entire lifecycle value creation [6] - The company is building an energy service ecosystem covering "source-network-load-storage" through technology collaboration and application scenario expansion [7][8][9] Group 6: ESG Performance and Global Expansion - The company has integrated ESG principles into its core strategy, achieving significant results, including a total operational power generation of approximately 6.52 billion kWh, a year-on-year increase of 4.6% [10] - Shango New Energy is expanding its global footprint, particularly in Southeast Asia, South Asia, and the Middle East, leveraging its strong ESG performance to enhance international business opportunities [11][12] Group 7: Market Valuation and Investment Potential - As of December 31, 2024, Shango New Energy had cash and cash equivalents of approximately 3.646 billion RMB, with a current ratio of 1.87, while its market capitalization was around 3.5 billion RMB [13] - The significant discrepancy between market valuation and actual cash reserves indicates a potential undervaluation, suggesting an opportunity for investors [13][14]

立新能源: 新疆立新能源股份有限公司2023年度向 特定对象发行A股股票募集资金使用可行性分析报 告（第三次修订稿） 新疆立新能源股份有限公司 Xinjiang Lixin Energy Co., Ltd. 新疆立新能源股份有限公司向特定对象发行 A 股股票 募集资金使用可行性分析报告（第三次修订稿） 新疆立新能源股份有限公司（以下简称"公司"）为贯彻实施公司整体发展 战略，顺应国家政策趋势，大力发展和利用可再生能源，进一步提升公司核心竞 争力，公司拟实施向特定对象发行 A 股股票，并对本次向特定对象发行股票募 集资金的使用可行性分析如下： 一、本次募集资金使用计划 公司本次向特定对象发行股票拟募集资金总额（含发行费用）为 19.80 亿元， 扣除发行费用后的募集资金净额将用于以下项目： 单位：万元 序号 项目名称 投资总额 拟投入募集资金 立新能源三塘湖 20 万千瓦/80 万千瓦时储能规模+80 万千瓦风电 项目 合计 371,082.86 198,000.00 本次向特定对象发行股票募集资金到位之前，公司将根据募集资金投资项目 进度的实际情况以自筹资金先行投入，并在募集资金到位后按照相关法定程序予 以置 ...

Capital Market News - The March LPR remains unchanged, with a potential interest rate cut window opening in the second quarter. The one-year LPR is at 3.1% and the five-year LPR is at 3.6%, both unchanged from the previous month. This stability aligns with market expectations, as banks face net interest margin pressures and lack motivation to lower LPR quotes [10][11] - The central bank has conducted a series of reverse repos totaling 2,685 billion yuan, signaling a commitment to support liquidity in the market. This week, the net injection reached 4,055 billion yuan, indicating a marginal improvement in liquidity expectations [11] Industry News - The first batch of leveraged and inverse products for individual stocks in Asia will be launched in Hong Kong on March 24, 2025. These products will track the daily performance of selected stocks, including Nvidia and Tesla, with a leverage of two times. This marks Hong Kong as the first Asian market to offer such products, providing local investors with easier access to U.S. stocks without the need for overnight trading [12] - The Ministry of Science and Technology announced that the 2025 Zhongguancun Forum will focus on cutting-edge technologies and open cooperation, featuring discussions on AI, quantum technology, and more. The event aims to foster collaboration among government, industry, academia, and research institutions [13][15] - The National Energy Administration reported that the cumulative installed power generation capacity in China reached 3.4 billion kilowatts, a year-on-year increase of 14.5%. Solar power capacity grew by 42.9% to 930 million kilowatts, while wind power capacity increased by 17.6% to 530 million kilowatts [14][15] Market Performance - On March 20, 2025, the Shanghai Composite Index fell by 0.51%, while the ChiNext Index dropped by 1.00%. The North Exchange A-share sector had a total of 264 constituent stocks with an average market capitalization of 2.818 billion yuan. The trading volume for the sector reached 35.313 billion yuan, down 13.16% from the previous trading day [16] - In the North Exchange, 31 companies saw their stock prices rise, with notable increases from Lifan Holdings (up 17.26%), Dayu Biology (up 9.50%), and Wantong Hydraulic (up 8.63%). Conversely, companies like Kunlun Technology and New Weiling experienced significant declines [17]