Group 1 - The company held its eighth temporary board meeting on August 12, 2025, with all nine directors present [1][2][3] - The board approved the proposal to lease gas station assets for an annual rent of 4.2 million yuan, totaling 21 million yuan over five years [4][11] - The board also approved a related party transaction for coal sales, with a total transaction amount of approximately 190 million yuan, which constitutes 103.53% of the company's latest audited net assets [4][26] Group 2 - The gas station to be leased is located at No. 1 Feixing Road, Tiexi District, Shenyang, and includes various facilities [11][17] - The lessee, Eji Guna (Inner Mongolia) Commercial Management Co., Ltd., has a registered capital of 1 million yuan and is not an associated party of the company [12][13] - The coal sales will be conducted through the company's wholly-owned subsidiary, Shenyang Jiahui Material Trading Co., Ltd., to several related parties, ensuring stable coal supply for winter heating [26][44] Group 3 - The company plans to hold its fifth temporary shareholders' meeting on August 28, 2025, to discuss the approved proposals [49][50] - The meeting will allow both on-site and online voting, ensuring shareholder participation [53][68] - The company emphasizes compliance with legal and regulatory requirements for the meeting [51][56]

Group 1 - The company plans to sell approximately 9,000 tons of coal and 4,000 tons of coal powder to Shenyang Huiyong Supply Heat Co., Ltd., and 3,500 tons of coal powder to Shenyang Shengda Heating Co., Ltd., as well as 4,000 tons of coal powder to Shenyang Shendong Thermal Power Co., Ltd. during the 2025-2026 heating season [1][2] - The total estimated transaction amount for 13,000 tons of coal and 7,500 tons of coal powder is approximately 190 million yuan, which accounts for 103.53% of the company's latest audited net assets for the 2024 fiscal year [2][3] - The company aims to enhance operational efficiency and resource management through centralized coal procurement, ensuring stable heating supply for winter and reducing costs for itself and its affiliated companies [2][3] Group 2 - The company's main business is providing heating and engineering services, with heating revenue accounting for about 90% of its main business income, and it holds a dominant market position in the Shenyang heating market [3] - The company expects a net loss of 120 million to 160 million yuan for the first half of 2025, an improvement from a loss of 294 million yuan in the same period last year, while fuel costs have decreased by approximately 17% compared to the previous year [3] - The company plans to lease its gas station asset in Shenyang for an annual rent of 4.2 million yuan, with a total rental income of 21 million yuan over five years, which is expected to positively impact its financial situation [4]

Core Viewpoint - The company, Huitian Thermal Power (000692.SZ), plans to lease its gas station asset located at No. 1 Feixiang Road, Tiexi District, Shenyang City, to Eji Guna (Inner Mongolia) Commercial Management Co., Ltd. for an annual rent of 4.2 million yuan over a 5-year period, totaling 21 million yuan (including tax) [1] Summary by Relevant Sections - **Lease Agreement Details** - The gas station will be leased to Eji Guna Company with an annual rent of 4.2 million yuan [1] - The total rental amount over the 5-year lease period is 21 million yuan (including tax) [1] - **Financial Impact** - The transaction amount represents 11.44% of the company's latest audited net assets as of the end of 2024 [1] - **Approval Process** - The lease agreement will be submitted to the company's board of directors for review and approval before implementation [1]

Core Viewpoint - The company, Huitian Thermal Power (000692.SZ), plans to lease its gas station asset located at No. 1 Feixiang Road, Tiexi District, Shenyang City, to Eji Guna (Inner Mongolia) Commercial Management Co., Ltd. for an annual rent of 4.2 million yuan over a period of 5 years, totaling 21 million yuan (including tax) [1] Summary by Relevant Sections - **Lease Agreement Details** - The gas station will be leased to Eji Guna Company with an annual rent of 4.2 million yuan [1] - The total rental amount over the 5-year lease period is 21 million yuan (including tax) [1] - **Financial Impact** - The transaction amount represents 11.44% of the company's latest audited net assets as of the end of 2024 [1] - **Approval Process** - The lease agreement will be submitted to the company's board of directors for review and approval before implementation [1]

Core Viewpoint - Guangju Energy (000096.SZ) aims to enhance its industrial layout and solidify its position as a comprehensive energy operator by participating in the auction of two state-owned construction land use rights in Longgang District, Shenzhen [1] Group 1: Company Actions - The board of Guangju Energy approved its wholly-owned subsidiary, Shenzhen Nanshan Petroleum Co., Ltd. (referred to as "Nanshan Petroleum"), to bid for two plots of land (plot numbers: G10501-0440 and G10501-0441) entrusted by the Shenzhen Planning and Natural Resources Bureau [1] - Nanshan Petroleum has paid a bidding deposit of RMB 5.36 million, which will be converted into part of the land price [1] - The company successfully won the two plots for a total of RMB 165 million and signed a "Confirmation of Transaction" with the Shenzhen Trading Group [1]

Group 1 - The company held its ninth board meeting on August 11, 2025, with 10 out of 11 directors present, and the meeting was conducted in accordance with legal and regulatory requirements [1] - The board approved a proposal for the company's wholly-owned subsidiary, Shenzhen Nanshan Petroleum Co., Ltd., to participate in the bidding for two gas station land use rights at the Shenzhen Outer Ring Highway [2] - The total area of the land to be bid on is 536 million yuan, with the land use rights being offered by the Longgang Management Bureau of the Shenzhen Planning and Natural Resources Bureau [2] Group 2 - The board authorized the management of the company and Nanshan Petroleum to handle the bidding and subsequent matters related to the land use rights, including signing agreements and registration procedures [2] - Nanshan Petroleum has paid a bidding deposit of 5.36 million yuan, which will be part of the land price, and successfully won the two plots for a total of 165 million yuan [2] - The company plans to proceed with the construction of gas stations following the successful bidding [2]

Transaction Overview - Shenzhen Guangju Energy Co., Ltd. has successfully bid for the state-owned land use rights for two gas station sites, with a total bid amount of RMB 165 million [1][2] - The bidding was conducted by its wholly-owned subsidiary, Shenzhen Nanshan Petroleum Co., Ltd., which paid a deposit of RMB 5.36 million [2][3] Land Use Rights Details - The two plots of land are designated as G10501-0440 and G10501-0441, each with a canopy area of 900 square meters and a station building and auxiliary building area of 180 square meters [3][4] Company and Subsidiary Information - Shenzhen Nanshan Petroleum Co., Ltd. is a wholly-owned subsidiary of the company, established on December 30, 1992, with a registered capital of RMB 130 million [4][5] - The subsidiary has a good credit status and is not a dishonest executor [4][5] Financial Performance - The audited total assets of Nanshan Petroleum are RMB 810.41 million, with total liabilities of RMB 71.60 million, resulting in net assets of RMB 738.82 million [5] - The subsidiary reported a revenue of RMB 1.52 billion and a net profit of RMB 53.11 million for the last audited year [5] Project Investment Details - The project involves the construction of gas stations at the acquired plots, with a maximum investment of RMB 16 million, funded by the company's own and self-raised funds [6] - The project is strategically positioned at a key traffic node on the Shenzhen Outer Ring Expressway, enhancing the company's operational advantages in the refined oil sector [6] Strategic Implications - This acquisition aligns with the company's strategy to enhance its presence in the refined oil industry and improve brand influence, while also preparing for a transition to a comprehensive energy operator [6] - The project is expected to strengthen the company's market position and profitability, leveraging the scarcity of gas station land in the Shenzhen area [6]