Core Viewpoint - Lianmei Holdings disclosed that its subsidiary, Shandong Heze Fulin Thermal Technology Co., Ltd. (Fulin Thermal), is involved in two coal procurement lawsuits, resulting in the freezing of part of its bank account funds totaling 6.38 million yuan [2][3]. Group 1: Lawsuit Details - The first lawsuit involves Xiamen Baimei Energy Co., Ltd., which claims Fulin Thermal owes 1.88 million yuan for 2,999.46 tons of coal supplied between February 28 and March 15, 2025 [3][4]. - The second lawsuit is from Yan'an Changli Energy Co., Ltd., which demands payment of 4.09 million yuan for 4,981.5 tons of coal supplied in September 2024, along with additional penalties and fees [4][5]. Group 2: Financial Impact - The total amount frozen from Fulin Thermal's fundraising account is 6.38 million yuan, leaving only 2.37 million yuan available in the account as of September 25, 2025 [5][6]. - The frozen funds are linked to a completed fundraising project for acquiring a 66% stake in Fulin Thermal, which was finalized in April 2025 [6]. Group 3: Company Position - Lianmei Holdings asserts that the lawsuits stem from normal business operations and have not significantly impacted Fulin Thermal's production activities [6]. - As of June 30, 2025, Lianmei Holdings reported total assets of 16.49 billion yuan and a net profit of 524 million yuan for the first half of 2025, indicating that the disputed amounts are relatively minor compared to the company's overall financials [6].

Core Points - Beijing Jingneng Thermal Power Co., Ltd. has completed the registration change of its business address [1] - The company will hold a meeting in 2025 to review and approve the change of registered address and related proposals [1] - The new registered address is "No. 1, Fengti South Road, Fengtai District, Beijing" [1] - The company's legal representative is Fu Qiang, with a registered capital of 263.64 million RMB [1] - The business scope includes technology development and thermal supply [1] - Relevant details have been disclosed in information disclosure media and on the Giant Tide Information Network [1]

Group 1 - The company held its tenth temporary board meeting on September 19, 2025, where all nine directors were present and the meeting was chaired by the chairman Zheng Yun [2][3][4] - The board approved the proposal regarding the heat purchase related party transaction with a unanimous vote of 9 in favor [4][5] - The independent directors held a special meeting on the same day and unanimously approved the related party transaction proposal [6][22] Group 2 - The company plans to purchase heat from China Resources Power (Shenyang) Co., Ltd. for the 2025-2026 heating season, with a maximum purchase price of 48 yuan per gigajoule and an estimated total transaction amount not exceeding 500 million yuan [11][16] - This transaction constitutes a related party transaction, accounting for 272.46% of the company's latest audited net assets [11][12] - The independent directors believe that the pricing of the transaction is fair and reasonable, based on market prices and production costs [22] Group 3 - The company received a proposal from its controlling shareholder to add a temporary proposal regarding the heat purchase transaction to the upcoming sixth temporary shareholders' meeting scheduled for September 29, 2025 [28][33] - The controlling shareholder holds 29.99% of the company's total shares, qualifying them to propose the addition of the temporary proposal [29] - The board agreed to submit the proposal to the shareholders' meeting for approval [33] Group 4 - The company is involved in a new lawsuit where its subsidiary, Shenyang Second Heating Supply Co., Ltd., is the second defendant in a contract dispute, with the amount in question being 39.15 million yuan [59][60] - The court has accepted the case, and the hearing is scheduled for October 16, 2025 [62] - The lawsuit is not expected to have a significant impact on the company's current or future profits [61][67]

Core Viewpoint - The company, Huitian Thermal Power, announced its plan to continue purchasing heat from Huaren Power (Shenyang) Company for the 2025-2026 heating season to ensure stable heating supply and operation of the Shenhail Heat Network [1] Group 1 - The company's subsidiary, Shenyang Second Thermal Supply Company, primarily relies on the Shenhail Heat Network for winter heating services [1] - The Shenhail Heat Network is a combined heat and power (CHP) system that has been in operation since its establishment, sourcing heat from the associated power plant [1] - The company plans to purchase heat at a price not exceeding 48 yuan per gigajoule, with an estimated procurement volume of approximately 9.5 million gigajoules, resulting in a total transaction amount not exceeding 500 million yuan [1]

Group 1: Company Strategy and Future Plans - The company will continue to focus on real estate as its main business while actively exploring diversified layouts to create new growth points [2][10] - In 2025, the company aims to enhance its urban operations, centralized heating, commodity trade, cultural tourism, and industrial investment sectors [2][10] Group 2: Financial Performance - For the first half of 2025, the company achieved a revenue of CNY 598.05 million, representing a year-on-year growth of 9.85% [7] - The real estate revenue was CNY 337.59 million, while heating supply revenue was CNY 117.23 million [7] - The net profit attributable to shareholders was CNY 15.29 million, a decrease of 44.35% compared to the previous year [7] - As of June 30, 2025, the total assets amounted to CNY 7.31 billion, with equity attributable to shareholders totaling CNY 4.80 billion [7] Group 3: Legal Matters - The company is currently involved in an overseas lawsuit where a judgment has ordered a compensation of approximately CNY 2.2 billion [9][10] - The outcome of the lawsuit remains uncertain, and the company advises caution regarding investment risks [9][11] Group 4: Technological Development - The company is actively researching the application of cloud computing and big data in the construction industry, having obtained 3 invention patents and 42 utility model patents [6] - The company is committed to integrating technology into its operations to support the development of smart cities and communities [10]

Core Viewpoint - The heating supply preparation for the winter has officially commenced with the initiation of water injection and pressure testing by Heze Minsheng Thermal Power Group on September 15, marking the countdown to the winter heating season [1][7]. Group 1: Water Injection and Pressure Testing - The water injection and pressure testing began on September 15, targeting various residential areas including Wuzhuangbu Family Compound, He Shui Jia Yuan, Wenxin Garden, and others, with completion expected by the end of October [3][8]. - The process is crucial for identifying potential issues in the heating system before the official heating period starts, allowing for timely repairs and adjustments [7][9]. Group 2: Community Engagement and Notifications - Residents are informed about the pressure testing schedule through notices posted five days in advance at community bulletin boards, and additional notifications are provided to property management [5][9]. - Residents are advised to monitor their heating facilities during the pressure testing to detect any abnormalities, ensuring a smooth transition into the heating season [9]. Group 3: Technical Preparations - Technical staff are performing essential checks on heating equipment, such as ensuring the smooth operation of circulation pumps and inspecting in-home heating interfaces [5][7]. - The heating system will remain under pressure until the official heating period begins, ensuring readiness for winter [9].

Core Viewpoint - Beijing Jingneng Thermal Power Co., Ltd. announced that major shareholder Zhao Yibo has recently engaged in the release and pledge of part of his shares [1] Group 1 - Zhao Yibo released a pledge of 2.35 million shares on September 12, 2025, which accounts for 6.57% of his holdings and 0.89% of the company's total share capital [1] - On September 15, Zhao Yibo pledged the same amount of 2.35 million shares, with the same percentage, and the pledge is set to expire on September 4, 2028, for the purpose of collateral [1] - As of the announcement date, Zhao Yibo has pledged a total of 31.6291 million shares, which represents 88.48% of his holdings, indicating that the pledge risk is manageable [1]

Core Viewpoint - The announcement from the Qingdao Housing and Urban-Rural Development Bureau highlights that the only non-compliant project in the fire safety registration inspection for August 2025 is the second phase of the CRRC Sifang Intelligent Port project [1] Group 1: Project Details - The CRRC Sifang Intelligent Port Phase II project (109a plot - Phase 2) is the only project that failed the fire safety inspection among the nine projects registered for August 2025 [1] - Other projects included in the inspection are the Vanke Future City parking lot project, China Steel Research "One Institute One Park" building upgrade project, and the Tai Neng Thermal Power Station project (Phase II) [1] Group 2: Inspection Results - The inspection covered two projects: Qingdao No. 7 Middle School North Building reconstruction and the CRRC Sifang Intelligent Port Phase II project, with the latter being the only one that did not pass [1]

Group 1 - The case involved a long-standing economic dispute between a heating company and a construction group, dating back over twenty years, which was resolved through court mediation, enhancing the legal business environment [1] - The heating company had a frozen bank account that was incorrectly identified as a special account for heating projects, which hindered its ability to pay another company's contract, risking jobs [1] - The judge facilitated a repayment plan where the heating company would pay the construction group in installments, leading to the withdrawal of the execution objection and the unfreezing of the account [2] Group 2 - The resolution of the case involved collaboration between the judge, both parties, and government departments to reach an amicable agreement [2] - The mediation process highlighted the importance of balancing legal procedures with the operational realities faced by businesses and their employees [1][2]

Group 1 - The company, Jingneng Thermal, reported that as of August 29, 2025, the number of shareholders is 23,225 [1]