天保能源(01671)发布公告，2025年12月，天津电力交易中心公布最新售电公司信用评价结果，公司凭 借卓越的综合实力、完善的合规管理体系以及良好的市场声誉，成功获评AAA级最高信用等级。 面向未来，公司将继续秉持"诚信为本、服务至上"的理念，依托在新能源开发、合同能源管理、智能电 网建设、源网荷储一体化等方面的综合优势，致力于打造全国知名的综合能源服务商。 该评级为天津电力市场权威性最强、覆盖面最广的信用评价活动，从财务状况、社会信用、市场化交易 能力、合同履约、信息披露、合规管理等多个维度进行全面评估。公司最终脱颖而出，成为天津市获评 AAA级的13家售电公司之一，充分体现了公司稳健的经营风格与扎实的综合实力，也标誌着其在市场 化交易、合同履约及风险管理等核心领域的表现获得行业高度认可。 近年来，公司持续加强信用体系建设，不断提升市场公信力，积极拓展新能源售电业务，深化绿色能源 战略布局，为客户提供了多项具有竞争力的低碳能源解决方案。 ...

近年来，公司持续加强信用体系建设，不断提升市场公信力，积极拓展新能源售电业务，深化绿色能源 战略布局，为客户提供了多项具有竞争力的低碳能源解决方案。 智通财经APP讯，天保能源(01671)发布公告，2025年12月，天津电力交易中心公布最新售电公司信用评 价结果，公司凭借卓越的综合实力、完善的合规管理体系以及良好的市场声誉，成功获评AAA级最高 信用等级。 面向未来，公司将继续秉持"诚信为本、服务至上"的理念，依托在新能源开发、合同能源管理、智能电 网建设、源网荷储一体化等方面的综合优势，致力于打造全国知名的综合能源服务商。 该评级为天津电力市场权威性最强、覆盖面最广的信用评价活动，从财务状况、社会信用、市场化交易 能力、合同履约、信息披露、合规管理等多个维度进行全面评估。公司最终脱颖而出，成为天津市获评 AAA级的13家售电公司之一，充分体现了公司稳健的经营风格与扎实的综合实力，也标誌着其在市场 化交易、合同履约及风险管理等核心领域的表现获得行业高度认可。 ...

近年来，公司持续加强信用体系建设，不断提升市场公信力，积极拓展新能源售电业务，深化绿色能源 战略布局，为客户提供了多项具有竞争力的低碳能源解决方案。 该评级为天津电力市场权威性最强、覆盖面最广的信用评价活动，从财务状况、社会信用、市场化交易 能力、合同履约、信息披露、合规管理等多个维度进行全面评估。公司最终脱颖而出，成为天津市获评 AAA级的13家售电公司之一，充分体现了公司稳健的经营风格与紮实的综合实力，也标志着其在市场 化交易、合同履约及风险管理等核心领域的表现获得行业高度认可。 格隆汇1月5日丨天保能源(01671.HK)宣布，2025年12月，天津电力交易中心公布最新售电公司信用评价 结果，公司凭藉卓越的综合实力、完善的合规管理体系以及良好的市场声誉，成功获评AAA级最高信 用等级。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 自願性公告 本公司獲評天津售電行業AAA級最高信用評級 本公告乃由天津天保能源股份有限公司（「本公司」，連同其附屬公司統稱「本 集團」）自願作出，旨在知會本公司之股東及潛在投資者有關本集團的最新業 務發展。 Tianjin Tianbao Energy Co., Ltd.* 天 津 天 保 能 源 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：1671） 面向未來，本公司將繼續秉持「誠信為本、服務至上」的理念，依託在新能源開 發、合同能源管理、智能電網建設、源網荷儲一體化等方面的綜合優勢，致力 於打造全國知名的綜合能源服務商。 承董事會命 天津天保能源股份有限公司 董事長 周善忠 中華人民共和國，天津，2026年1月5日 本公司欣然宣佈，二零二五年十二月，天津電力交易中心公佈最新售電公司信 用評價結果，本公司憑藉卓越的綜合實力、完善的合規管理體系以及良好的市 場聲譽，成 ...

齐鲁晚报.齐鲁壹点通讯员王庆龙 全域布局"10分钟响应"储能矩阵，规划投资10亿元在罗庄区建设100kW/256kWh储能柜5000台，覆盖村庄、机关、企业、社区、医院等 十大场景，总占地4.5万平方米。项目采用本地化服务器部署，数据存储与运算效率提升10%，响应速度优于常规虚拟电厂，为电网安全 提供"毫秒级"保障。技术赋能：数字化驱动能源管理革新 近日，国信(山东)售电有限公司罗庄区虚拟电厂项目正式签约启动。作为临沂市首个虚拟电厂示范项目，该项目总投资10.38亿元，涵盖 虚拟电厂系统建设与全域储能网络布局，旨在通过数字化技术整合分布式能源资源，提升电网灵活性与新能源消纳能力，为山东能源绿 色转型注入新动能。 项目集成智能监控平台，联动省级电力交易平台与负荷管理系统，实现负荷预测、策略执行、实时调度全链条自动化。作为临沂市首家 服务器本地化部署的虚拟电厂，数据直连罗庄区新型电力负荷管理系统，规避传输风险，支撑电网精细化调控。政企联动：政策护航与 多维效益并行 项目获《山东省电力现货市场规则》背书，明确虚拟电厂参与中长期、现货及辅助服务市场的主体地位，可获取电能量收益、容量补偿 及调节量电费等多重收益。在迎峰 ...

Group 1 - The Ministry of Commerce of China has expressed strong opposition to the U.S. decision to impose 301 tariffs on certain Chinese semiconductor products, stating that it does not recognize the conclusions of the U.S. 301 investigation and has lodged formal representations through the China-U.S. economic and trade consultation mechanism [2] - The Ministry of Commerce emphasized its commitment to maintaining the security and stability of global supply chains and facilitating compliant trade, particularly regarding rare earth magnet exports to the U.S. [2] - The Shanghai Stock Exchange has announced the scheduled disclosure dates for 2025 annual reports, with Chipway Technology set to disclose on February 3, 2026, followed by *ST Huawang and Shangwei Co. on February 13 and 14, 2026, respectively [2] Group 2 - The State Administration for Market Regulation has identified issues related to the "Antarctic Krill Oil" incident, highlighting non-compliance in the production and processing behaviors of some enterprises, and plans to implement new regulations to enhance supervision over food entrusted production [3] - The National Development and Reform Commission will hold a press conference on December 26 to discuss the work related to the National Venture Capital Guidance Fund [4] - The National Press and Publication Administration has approved 144 domestic online games for December 2025 [5] Group 3 - The Shanghai Municipal Government has issued an implementation plan to strengthen the open-source system, aiming to build a competitive open-source innovation hub by 2027, with goals including the establishment of 1-2 internationally influential open-source communities and the cultivation of 100 commercial open-source enterprises [5] - The Guangzhou Municipal Government has introduced 18 measures to support the development of the gaming and e-sports industry, encouraging technological innovation and collaboration with national-level projects [6] - A team from the National University of Defense Technology has set a new global record in magnetic levitation experiments, accelerating a test vehicle weighing tons to 700 km/h in just two seconds [6] Group 4 - Major silicon wafer companies have significantly raised their prices, with 183N silicon wafers priced at 1.4 yuan per piece, 210RN at 1.5 yuan, and 210N at 1.7 yuan, reflecting an average increase of 12%, attributed to rising upstream silicon material costs [6] Group 5 - Shanghai Port Bay reported that its commercial aerospace and perovskite solar business will account for less than 1% of the company's revenue in 2024 [8] - Huadian Technology has signed a contract worth 265 million yuan for six major pipelines for a supercritical power plant [8] - Yichang Technology will see the Chuzhou State-owned Assets Supervision and Administration Commission become its actual controller, with shares resuming trading on the 26th [8] Group 6 - Unisoc Microelectronics plans to establish a new company with a subsidiary of CATL to engage in automotive domain control chip business [9] - Baina Qiancheng intends to acquire 100% of Zhonglian Century's shares, with trading resuming on the 26th [9] - Zhongding Holdings plans to set up a joint venture to manufacture humanoid robots [9] Group 7 - Guangju Energy intends to collaborate with China General Nuclear Power Corporation in areas such as electricity sales and virtual power plants [10] - Zhongwei Co. has signed a strategic cooperation framework agreement with Xinwanda for solid-state batteries [10]

河南、山东电力交易中心公示20家售电公司欠费3717万元，单家最高欠费1487万元，履约担保即将被执 行。行业风险集中暴露，市场加速洗牌，部分企业通过金融创新寻找出路。 电力交易市场近日掀起波澜。 近日，河南与山东两地电力交易中心相继发布公告，对20家欠费售电公司进行公示，总欠费金额达3717 万元，其中单家最高欠费金额已达1487万元。这不是孤例，广东两家售电公司因提交伪造履约保函被强 制退出市场。 售电行业正经历着残酷的洗牌。 随着"136号文"发布，新能源上网电量全面进入电力市场，上网电价全面由市场形成。我国多层次统一 电力市场加快构建，省间、区域、省内中长期交易常态开展。 这些变化对电力交易从业者的岗位能力要求日益提高。 20家售电公司的集体欠费 2025年11月，河南与山东两地电力交易中心相继发布公告，17家河南售电公司和3家山东售电公司因未 按时支付相关结算费用，面临履约担保被执行的局面。 这不是简单的资金周转问题，而是售电行业风险集中暴露的阴影。 根据公告，若这些售电公司在公示期内仍未完成欠费缴纳，国网河南省电力公司和国网山东省电力公司 将启动履约保障凭证支付流程。 单家售电公司最高欠费金额已达 ...

Core Viewpoint - The Shanxi Electric Power Trading Center has announced the initiation of a forced exit procedure for 27 electricity sales companies that failed to meet registration conditions and did not rectify issues within the specified timeframe [1]. Group 1: Announcement Details - The announcement was made on November 19, 2025, and the public notice period for the forced exit is from November 19, 2025, to December 2, 2025 [1]. - The decision was made with the consent of the Shanxi Provincial Energy Bureau and the National Energy Administration's Shanxi Regulatory Office [1]. Group 2: List of Companies - A total of 27 companies are listed for forced exit, including: 1. Shanxi Xinhengyuan Energy Technology Co., Ltd. [6] 2. Shanxi Kaixin Electric Power Development Co., Ltd. [6] 3. Shanxi Boan New Energy Co., Ltd. [6] 4. Shanxi Yuanjiu Comprehensive Energy Technology Co., Ltd. [6] 5. Shanxi Taixin Tiancai Technology Co., Ltd. [6] 6. Shanxi Ziyang Technology Co., Ltd. [6] 7. Shanxi Yifeng Chuangxin Coal Industry Energy Co., Ltd. [6] 8. Shanxi Zhaoshen New Energy Technology Co., Ltd. [6] 9. Shanxi Jinkun Energy Technology Co., Ltd. [6] 10. Changzhi Yinyao Industrial and Trade Co., Ltd. [6] 11. Shanxi Junrun Energy Management Co., Ltd. [6] 12. Shanxi Qingxin Technology Co., Ltd. [6] 13. Shanxi Ruiyuantong Technology Co., Ltd. [6] 14. Shanxi Shengyuanhui Electric Technology Co., Ltd. [6] 15. Shanxi Xinhua Kechuang Electric Power Co., Ltd. [6] 16. Shanxi Zhongjieneng Lu'an Electric Power Energy Saving Service Co., Ltd. [6] 17. Shanxi Junengliang Electricity Sales Co., Ltd. [6] 18. Shanxi Ruitang Electricity Sales Co., Ltd. [6] 19. Shanxi Antan Electric Power Energy Technology Service Co., Ltd. [6] 20. Shanxi Shengzong Energy Service Co., Ltd. [6] 21. Shanxi Shenrun Energy Technology Co., Ltd. [6] 22. Shanxi Zhiling Energy Technology Co., Ltd. [6] 23. Shanxi Huayu Energy Investment Co., Ltd. [6] 24. Shanxi Guoke Energy Saving Co., Ltd. [6] 25. Zhongshu Guozhi (Shanxi) New Energy Technology Co., Ltd. [6] 26. Xingcheng Energy Technology (Shanxi) Co., Ltd. [6] 27. Shuding Energy Technology (Shanxi) Co., Ltd. [6]

Core Viewpoint - The electricity sales market is entering a phase of strict regulation, with numerous companies facing penalties and operational challenges as the industry transitions from chaotic growth to refined oversight [2][3][4][6]. Regulatory Environment - The regulatory framework for the electricity sales market is becoming increasingly stringent, with 21 companies in Zhejiang suspended from participating in all medium and long-term trading due to compliance issues [2][3]. - In total, 233 electricity sales companies in Zhejiang were required to conduct self-inspections, resulting in 38 companies being identified with problems that must be rectified by September 30 [3]. - Companies in Shanxi faced suspensions for issues such as falsified qualifications and repeated insurance coverage for employees, leading to loss of trading privileges [3]. Industry Challenges - Electricity sales companies are encountering unprecedented challenges, including issues with entry conditions, trading behaviors, and internal management [4]. - In Zhejiang, 21 companies were penalized, with 7 refusing to submit self-inspection materials and 14 failing to meet basic operational standards [4]. - Abnormal trading practices have been identified, with some companies allegedly manipulating prices through off-market agreements, violating regulatory guidelines [4]. Market Restructuring - The restructuring of the electricity sales market is a necessary phase in the establishment of a unified national electricity market, leading to a significant reshaping of the industry [6]. - The market is evolving into a more complex environment with increased competition and higher entry barriers, requiring companies to adapt quickly [6][8]. - Companies that cannot upgrade their systems within 1 to 2 years may be forced to retreat to regional retail roles or shift to service providers [6]. Future Outlook - The future electricity sales market will favor companies that can manage trading rhythms, optimize user-side resources, and embrace risk management and technological innovation [8][9]. - The era of chaotic growth in the industry has ended, giving way to a period focused on meticulous management and operational excellence [9].

Core Viewpoint - The establishment of Shaanxi Silk Road Green Energy Sales Company indicates a strategic move in the energy sector, focusing on various services related to energy management and environmental consulting [1] Company Summary - Shaanxi Silk Road Green Energy Sales Company has been established with a registered capital of 20 million yuan [1] - The legal representative of the company is Chen Jiahao [1] - The company’s business scope includes sales of power facility equipment, energy management services, project management services, environmental consulting services, and contract energy management [1] - The company is wholly owned by Tuori New Energy (002218) through indirect holdings [1]