登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：601619 证券简称：嘉泽新能 公告编号：2025-109 债券代码：113039 债券简称：嘉泽转债 嘉泽新能源股份有限公司 2025年中期利润分配方案公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示 ●每股分配比例：每10股派发现金股利0.60元（含税）,每股派发现金红利0.06元（含税）。 ●本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日期将在权益分派实施公告中明 确。 ●在实施权益分派的股权登记日前公司总股本发生变动的，维持每股分配比例不变，相应调整分配总 额，并将另行公告具体调整情况。 一、利润分配方案内容 2025年4月15日，公司2024年度股东大会审议通过了《关于2025年中期分红安排的议案》。为简化分红 程序，股东大会批准授权董事会根据股东大会决议，在符合利润分配的条件下制订具体的中期分红方 案。 根据公司2025年半年度财务报告（未经审计），公司2025年半年度实现归属于母公司股东的净利润为 459,746,45 ...

对此，《指导意见》首次以分类引导方式统筹新能源开发与消纳利用。国家能源局有关负责人介 绍，长期以来，新能源消纳工作主要聚焦于省内集中式新能源，随着新能源开发模式日益多元，《指导 意见》将新能源开发消纳划分为五类，进一步明确分类施策要求，将有效提升新能源开发利用精细度。 国家电投经济技术研究院总经理李鹏认为，通过不断完善适应新能源的市场体系、交易机制和价格 机制，逐步改善新能源企业"增发不增收""增收不增利"的困境，有利于保障新能源企业在市场环境下， 与其他企业同台竞争并获得合理市场收益。 在"双碳"目标引领下，新模式新业态不断涌现，对统筹促进新能源消纳和绿电消费作用日益显现。 《指导意见》对促进新能源消纳的新模式新业态进行了梳理归纳，创新新能源集成发展模式，推动新能 源与产业融合发展，支持源网荷储一体化、绿电直连、智能微电网和新能源接入增量配电网四类新能源 就近消纳新业态发展，进一步指明发展方向和要求。 面对新政策，企业应做好哪些准备？刘志强认为，推动新能源高水平消纳和调控，将增强各类企业 发展新能源的信心和底气。在建设统一电力市场背景下，在中长期、现货、容量、辅助服务、绿证、碳 市场等多市场协同下，企业应结 ...

中国发展网讯 记者于水报道 近日，在内蒙古自治区政府新闻办举行的专场新闻发布会上，自治区能源 局副局长陈铮在答记者问时介绍，"十四五"以来，内蒙古紧紧围绕"国家重要能源和战略资源基地"战略 定位，在能源保供、绿色转型、产业创新等领域实现突破性进展。煤炭产量、新能源装机、新型储能装 机等多项指标跃居全国第一，有力夯实国家能源安全根基。 五年奋进：能源基地迈入全域焕新之路 "内蒙古全力做好现代能源经济这篇文章，做大做强国家重要能源基地。"陈铮从五个方面详细阐述了发 展成效： 三维布局：内消外送破解消纳难题 在新形势下做好新能源消纳工作，是规划建设新型能源体系、构建新型电力系统的关键环节，也是内蒙 古能源工作的重点。 面对新能源快速发展带来的消纳挑战，陈铮介绍了内蒙古的系统性解决方案。一是外送扩容。在全国率 先开展跨省域特高压绿电交易，已与北京、天津等8个省份建立合作关系。今年前10个月，新能源外送 电量近800亿千瓦时，同比增长超60%，占全国1/3 以上；二是抓绿电本地消纳，打造绿能非电利用"试 验田"。创新推出源网荷储一体化等6类市场化消纳场景，招引绿色高载能产业，试点建设零碳和低碳园 区。今年1至10月，全 ...

新华社南宁11月19日电（记者王楚然）记者从南方电网广西电网公司获悉，日前，随着北海35千伏 珠光光伏电站等7个新能源场站开展报量报价，广西成为南方区域电力现货市场首个新能源报量报价地 市全覆盖的省区。 要实现新能源大规模入市并非易事。"比如，110千伏及以下低电压等级电站入市存在技术瓶颈，我 们通过简化模型让小电站快速接入，再逐步升级为完整物理模型，采用虚拟挂接方式，解决了按节点申 报及结算的难题，最终实现全电压等级新能源场站顺利入市。"南方电网广西电网公司电力调控中心现 货市场科高级经理郑文彬介绍。 据统计，广西全区竞价入市的新能源场站达294个，装机占比超九成，涵盖各电压等级集中式新能 源。广西参与电力市场的新能源场站数量、装机容量、规模占比三项数据均居南方区域第一，新能源市 场活跃度较高。 【纠错】 【责任编辑:刘子丫】 新能源报量报价是指新能源发电主体在参与电力现货市场时，同时申报发电量和电价的交易方式。 这种方式要求新能源场站根据预测的发电能力和成本参与市场出清，以实现更灵活的电力调度和价格竞 争。 "十四五"以来，广西新能源发展按下"加速键"，成为广西第一大电源。截至2025年10月，全区新能 ...

Core Insights - The recent implementation of the market-oriented pricing reform for renewable energy in Zhejiang marks a significant shift from subsidy-based and price parity systems to a market-driven approach [1][2][3] Summary by Sections Policy Changes - The reform eliminates the previous financial subsidies for renewable energy stations, transitioning to a model where electricity prices are determined by market supply and demand [2][3] - The core elements of the reform include the full integration of renewable energy into the electricity market, the establishment of a "price settlement mechanism" for sustainable development, and a clear timeline for existing and new projects [3][4] Market Structure - The electricity market in Zhejiang is divided into three categories: spot market, medium to long-term market, and ancillary services market [5][6] - Renewable energy stations will participate in the spot market with a simplified entry process, while also engaging in green electricity trading and ancillary services to diversify revenue streams [5][6] Impact on Investment and Operations - The reform necessitates a shift in investment strategies for renewable energy companies, moving from a focus on capacity expansion to optimizing the entire lifecycle of energy stations [6][7] - Companies must now consider market dynamics, cost management, and risk control in their operational strategies, as the previous guaranteed purchase policies are no longer in place [7] Future Outlook - The market-driven pricing mechanism is expected to reflect actual supply and demand, optimizing resource allocation and potentially lowering operational costs for businesses [7] - The demand for electricity in Zhejiang, combined with an active trading market, continues to present attractive investment opportunities for renewable energy projects [7]

每经AI快讯，天亿马（SZ 301178，收盘价：62.3元）11月18日晚间发布公告称，公司第四届第三次董 事会会议于2025年11月18日在深圳市南山区侨城一号广场大厦27层公司办公室召开。会议审议了《关于 续聘2025年度审计机构的议案》等文件。 （记者 曾健辉） 2025年1至6月份，天亿马的营业收入构成为：智慧企业占比29.84%，算力服务占比20.65%，智慧政务 占比19.13%，智慧教育占比14.28%，新能源电力占比6.0%，轨道交通占比5.31%。 每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 截至发稿，天亿马市值为42亿元。 ...

Core Viewpoint - The company has experienced fluctuations in coal prices due to changes in supply and demand in the coal market, impacting its coal business, but has seen improvements in revenue and net profit in the third quarter as market conditions improved [1] Group 1: Coal Business - The coal market has shown volatility this year, affecting the company's coal operations [1] - In the third quarter, the company reported a quarter-on-quarter improvement in both revenue and net profit due to better supply and demand conditions in the coal market [1] Group 2: Power Business - The company is actively advancing its power business, with significant growth in both thermal power and renewable energy revenue [1]

Group 1 - The core viewpoint of the news is that Tianyi Ma has shown significant financial performance with a notable increase in revenue and net profit, alongside high financing and margin trading activity [1][2]. Group 2 - As of November 12, Tianyi Ma's stock price increased by 1.29%, with a trading volume of 95.72 million yuan. The financing buy-in amount was 9.20 million yuan, while the financing repayment was 10.67 million yuan, resulting in a net financing buy of -1.47 million yuan [1]. - The total financing and margin trading balance for Tianyi Ma reached 252 million yuan, which accounts for 6.37% of its market capitalization, indicating a high level of financing activity compared to the past year [1]. - The company has not engaged in any short selling activities on November 12, with no shares sold or repaid, and the short selling balance remains at zero [1]. Group 3 - As of September 30, the number of shareholders for Tianyi Ma was 9,434, a decrease of 6.52% from the previous period, while the average circulating shares per person increased by 6.97% to 5,244 shares [2]. - For the period from January to September 2025, Tianyi Ma reported a revenue of 22.8 million yuan, representing a year-on-year growth of 46.62%, and a net profit attributable to shareholders of 4.19 million yuan, which is a 119.80% increase year-on-year [2]. Group 4 - Since its A-share listing, Tianyi Ma has distributed a total of 30.74 million yuan in dividends, with 11.89 million yuan distributed over the past three years [3].

Core Viewpoint - The article discusses the transition from scale expansion to value enhancement in the power sector during the "15th Five-Year Plan" period, emphasizing the importance of high-quality development and the establishment of a diversified pricing system for electricity [1][8]. Group 1: New Energy Development - The new energy installed capacity is expected to reach 1.444 billion kilowatts by the end of 2024, achieving 76% of the total new installed capacity in the country during the "14th Five-Year Plan" [2][9]. - The profitability of different power sources varies significantly, with coal power being sensitive to coal prices, while new energy sources are transitioning to a subsidy-free era, leading to overall declining profitability [2][8]. - The article highlights the need for addressing the consumption issues of new energy, with a focus on improving the electricity pricing system as a key policy tool [10][15]. Group 2: Power Market Reform - The power market reform is advancing, enhancing the commodity attributes of electricity, which will better reflect supply and demand dynamics across different regions and time periods [9][10]. - The introduction of capacity pricing mechanisms is expected to stabilize the profitability of thermal power plants, which are transitioning to peak-shaving roles [10][14]. - The development of new energy storage systems is crucial, with a target of reaching 180 million kilowatts of new storage capacity by 2027 [11][21]. Group 3: Wind Power Industry - The wind power sector is projected to maintain steady growth, with a target of adding no less than 12 million kilowatts of new capacity during the "15th Five-Year Plan" [26][29]. - The profitability of the wind power industry is expected to improve as the price of wind turbines rises, reversing the previous downward trend [27][28]. - The article notes that the offshore wind power market is poised for significant growth, with many projects nearing the start of construction [29][30]. Group 4: Solar Power Industry - The solar power industry is anticipated to face short-term challenges due to supply-demand mismatches, but is expected to recover as consumption capacity improves [16][22]. - The article emphasizes the importance of integrating solar power with energy storage solutions to enhance the stability and reliability of power supply [20][22]. - The solar industry is also expected to benefit from international demand, particularly in regions like Europe and Australia, where storage needs are rising [20][21].

Core Insights - Guangzhou Development reported a revenue of 37.934 billion yuan for the first nine months of 2025, representing a year-on-year growth of 5.46%, and a net profit attributable to shareholders of 2.159 billion yuan, up 36.05% year-on-year [1] Group 1: Business Strategy and Operations - The company aims to build a leading green and low-carbon comprehensive smart energy enterprise group, with a full energy industry chain covering power, energy logistics, gas, new energy, energy storage, and energy finance, expanding its business to 26 provinces and 11 countries [1] - In the coal and natural gas sectors, the company is enhancing market analysis and management of upstream and downstream sales, optimizing inventory, and improving turnover efficiency to mitigate price volatility risks [1] - The company is actively adapting to new power market reforms and leveraging its integrated coal-gas-electricity industry chain to enhance competitiveness in coal and gas power generation [1] Group 2: Renewable Energy and Investment - The company's investment in the new energy business grew by 105.60% year-on-year in the third quarter [2] - The company is focusing on the construction of a new energy system and new power system, prioritizing efficiency and risk control in investments in new energy and energy storage [2] - The company is planning to issue public REITs based on three wind power projects in Shandong, with a total scale of 250 MW, to support sustainable equity funding [2] Group 3: Financial Health and Shareholder Returns - The company's asset-liability ratio is at a relatively low level within the industry, with controllable financial leverage and over 70% of installed capacity being green and low-carbon [3] - The company has maintained a cash dividend for 26 consecutive years, with an average dividend payout ratio exceeding 40% of net profit attributable to shareholders [3] - The company plans to increase the cash dividend ratio in its future three-year shareholder return plan, with a profit distribution ratio exceeding 50% for 2025 and plans for mid-term dividends [3] Group 4: Energy Storage Initiatives - The company's subsidiary, Guangzhou Energy Storage Group, is the first mixed-ownership enterprise in the domestic energy storage industry, contributing to the development of a new energy storage industry cluster in Guangzhou [3] - As of October 2025, the company has a total operational and under-construction project scale of approximately 579 MW/1244 MWh, covering key areas in Guangdong, Jiangsu, and Hebei [3] - The largest independent energy storage project in the province, the Foshan Gaoming project (208 MW/416 MWh), is set to commence operations soon [3]