Core Viewpoint - A new company named Guoneng Daduhe (Danba) Hydropower Development Co., Ltd. has been established with a registered capital of 3.6 billion yuan, focusing on hydropower and related services [1]. Group 1: Company Formation - The new company was established on November 21, with a registered capital of 3.6 billion yuan and is represented by Zhu Yongguo [1]. - The company's business scope includes hydropower generation, transmission, distribution, and construction services, as well as solar and wind power technology services [1]. Group 2: Shareholders and Investment - The shareholders of the new company include Guodian Power, Sichuan Tieneng Power Development Co., Ltd., and Contemporary Amperex Technology Co., Ltd. (CATL) [1]. - The company will engage in investment activities using its own funds [1].

华能水电 20251126 摘要 Q&A 请简要介绍一下华能水电近期的经营情况和未来发展规划。 华能水电作为华能集团水电资产的唯一整合平台，始终立足双碳战略目标，深 耕水电和新能源领域。过去五年是公司高质量发展的黄金期，以水电与新能源 并重为战略核心，实现了规模和效益的双重跃升。截至 2025 年 10 月底，总 装机规模达到 3,414 万千瓦，其中水电 2,811 万千瓦，新能源 603 万千瓦。 十四五期间新增装机 1,096 万千瓦，资产总额达到 2,251 亿元。公司营业收入 与净利润稳步提升，每股分红不断增强，自上市以来累计派发现金红利 223 亿 元，市值最高突破 2,250 亿元。 未来，公司将继续发挥资源禀赋优势、调节能 力优势和技术创新优势。在资源方面，公司作为澜沧江干流唯一开发主体，流 域可开发规模达 3,200 万千瓦，目前已建成 2,275 万千瓦，并在建设配套新能 今年（2025 年）机组折旧到期释放的利润相对较少，大约在几千万元 左右。主要集中在后年（2026 年），届时会有大批量机组折旧到期， 带来显著利润释放。公司财务成本逐步下降，高息贷款逐步替换。 未来五年，华能水电将维持 ...

电力行业 2026 年度投资策略 证 券 研 究 报 告 推荐（维持） 看好海风成长潜力，火水核价值回归可期 华创证券研究所 证券分析师：吴一凡 邮箱：wuyifan@hcyjs.com 执业编号：S0360516090002 证券分析师：霍鹏浩 邮箱：huopenghao@hcyjs.com 执业编号：S0360524030001 证券分析师：吴晨玥 行业研究 电力及公用事业 2025 年 11 月 26 日 邮箱：wuchenyue@hcyjs.com 执业编号：S0360523070001 证券分析师：梁婉怡 邮箱：liangwanyi@hcyjs.com 执业编号：S0360523080001 证券分析师：卢浩敏 邮箱：luhaomin@hcyjs.com 执业编号：S0360524090001 证券分析师：李清影 邮箱：liqingying@hcyjs.com 执业编号：S0360525080004 联系人：刘邢雨 邮箱：liuxingyu@hcyjs.com 行业基本数据 | | | 占比% | | --- | --- | --- | | 股票家数(只) | 226 | 0.03 | | 总市值( ...

国家企业信用信息公示系统显示，11月21日，国能大渡河（丹巴）水电开发有限公司成立，注册资本36亿元，法定代表人朱永国。 该公司经营范围包含许可项目：水力发电；发电业务、输电业务、供（配）电业务；建设工程施工；输电、供电、受电电力设施的安装、维修和试验。一 般项目：太阳能发电技术服务；风力发电技术服务；工程管理服务；工程技术服务（规划管理、勘察、设计、监理除外）；通用设备修理；电气设备修 理；以自有资金从事投资活动。 股东及出资信息显示，该公司由国电电力旗下国能大渡河流域水电开发有限公司、四川铁能电力开发有限公司、宁德时代新能源科技股份有限公司共同持 股。 来源：国家企业信用信息公示系统 索比光伏网 https://news.solarbe.com/202511/26/50013464.html ...

Core Insights - The construction of the Gessibo-Boboli Hydropower Station in Côte d'Ivoire by China Power Construction Group is a significant step towards meeting the local electricity demand and promoting green transformation [2][3] - The project is part of a larger initiative to develop the Sassandra River basin, which has been a long-standing goal for the Ivorian government since the 1970s [3] - The hydropower station is expected to add approximately 550 million kilowatt-hours of clean electricity annually, increasing the share of hydropower in the energy mix to 33% [3] Energy Demand and Structure - The Gessibo-Boboli Hydropower Station is the second hydropower project constructed by Chinese enterprises in the Sassandra River basin, following the successful commissioning of the Soubré Hydropower Station in 2017 [3] - The Soubré Hydropower Station has generated over 11 billion kilowatt-hours of electricity, providing stable and green power for Côte d'Ivoire's economic development [3] - The new hydropower station will help balance the country's energy structure, which has been predominantly reliant on thermal power [3] Employment and Local Development - The construction of the Gessibo-Boboli Hydropower Station has created approximately 2,000 direct jobs, with around 1,300 jobs in the core construction phase and nearly 1,000 indirect jobs [5] - Local workers have been trained and promoted to various technical positions, contributing to the high-quality completion of the project [5] - The project aims to provide a growth platform for local workers, fostering the development of qualified technical talent [5] Training and Capacity Building - The collaboration between China Power Construction Group and the Ivorian Energy Company has focused on training local operation and maintenance personnel [6] - Local teams have gained proficiency in operating digital monitoring systems for the hydropower stations, enhancing their technical capabilities [6] - The successful operation of the Soubré Hydropower Station has provided valuable experience for the ongoing and future projects in the Sassandra River basin [6] Future Prospects - The Ivorian government has entrusted additional hydropower projects in the Sassandra River basin to China Power Construction Group, indicating confidence in their capabilities [6] - The ongoing collaboration is expected to yield further economic growth and energy transformation in Côte d'Ivoire [6]

在科特迪瓦西南部的萨桑德拉河上，一道绵延4.2公里的水坝横亘在河面上。水坝中央坐落着一栋灰白 色调的发电厂房，伴随发电机组的轰鸣声，清洁电力源源不断地被送出。这座崭新的水电站是由中国电 力建设集团（以下简称"中国电建"）承建的格西波—波波里水电站（以下简称"波波里水电站"）。 近年来，中国电建积极参与萨桑德拉河流域梯级开发，建造多个水电站项目，不仅满足当地日益增长的 电力需求，推动绿色转型，还培养了一批优秀的水电技术人才，为当地经济社会发展提供助力。 满足电力需求，改善能源结构 萨桑德拉河流域的梯级开发承载着科特迪瓦民众近半个世纪的期盼。 早在上世纪70年代，科特迪瓦政府就提出在萨桑德拉河流域开发水电的构想，但种种原因导致这一规划 迟迟未能付诸实践。中国电建的到来改变了这一局面。2017年11月，总装机容量达275兆瓦的苏布雷水 电站建成投运，实现了科特迪瓦人民长久以来的梦想。2018年，中国与科特迪瓦建交35周年之际，苏布 雷水电站作为中科务实合作的标志性工程，被印到科特迪瓦的纪念邮票上。票面上，苏布雷水电站大坝 巍然耸立，湍急的水流从闸口倾泻而出。截至目前，该水电站已累计发电超110亿千瓦时，为科特迪瓦 ...

Group 1 - The company announced that its wholly-owned subsidiary, Meiyuan Mining Co., Ltd., received a notice of acceptance from the Ministry of Natural Resources regarding the application for the review and filing of mineral resource reserves [1][2] - The submitted report on the verification of antimony-silver mineral resource reserves in the Songxi mining area of Meizhou City is under review by the Ministry's Mineral Resource Reserve Review Center, with uncertainty regarding approval and timeline [2] Group 2 - The company disclosed a guarantee provided by its subsidiary, Shanghai Xinjiyu Information Technology Service Co., Ltd., for its wholly-owned subsidiary, Baoding Xinjiyu Information Technology Service Co., Ltd., to secure credit from financial institutions [3][6] - The total guarantee amount is capped at RMB 11 million, with a validity period of 12 months from the date of approval by Baoding Xinjiyu's shareholders [6][7] - As of the announcement date, the total amount of guarantees among the company's subsidiaries is RMB 22 million, with no overdue guarantees reported [8]

Group 1 - The company is responding to investor concerns regarding water management during the dry season, emphasizing the importance of maintaining water levels for future operations [1] - The company plans to conduct continuous maintenance work to prevent flooding at the power stations, indicating a proactive approach to operational management [1] - The company acknowledges the need for careful decision-making in light of the current hydrological conditions, highlighting the balance between immediate power generation and long-term resource management [1]

（编辑 郭之宸） 本报讯 （记者袁传玺）天眼查工商信息显示，近日，国能大渡河（丹巴）水电开发有限公司成立，注册资本36亿元，经营 范围含水力发电，发电业务、输电业务，建设工程施工等。股东信息显示，该公司由国电电力旗下国能大渡河流域水电开发有 限公司、四川铁能电力开发有限公司、宁德时代共同持股。 ...

人民财讯11月24日电，企查查APP显示，近日，国能大渡河(丹巴)水电开发有限公司成立，法定代表人 为朱永国，注册资本36亿元人民币，经营范围含水力发电，发电业务、输电业务、供(配)电业务等。企 查查股权穿透显示，该公司由国电电力（600795）旗下国能大渡河流域水电开发有限公司、四川铁能电 力开发有限公司、宁德时代（300750）共同持股。 ...