每经记者｜赵李南 每经编辑｜陈俊杰 上交所在今年6月底向福能股份发出《审核中心意见落实函》。 据福能股份2024年年报，截至去年底，公司货币资金约56亿元，短期借款约7亿元，长期借款约143亿 元。 上交所关注到福能股份上述"大存大贷"的现象，要求福能股份结合报告期（2022年—2024年）各期末货 币资金余额、有息负债规模、在集团财务公司的存贷款余额、期限、利率情况、与业务需求的匹配性 等，进一步说明公司在集团财务公司保有大额存款的同时进行大规模借款的原因及合理性、是否损害发 行人利益。 《每日经济新闻》记者注意到，福能股份计划发行可转换公司债券，上交所要求福能股份："说明公司 在集团财务公司保有大额存款的同时进行大规模借款的原因及合理性、是否损害发行人利益。" 福能股份称，货币资金余额较高的同时有息负债规模较大符合行业特点。 在集团财务公司存了57亿元 福建供电巨头福能股份以风电占比高为特色。在2024年年报的核心竞争力分析中，福能股份把"风电项 目位于风资源较优的地区"列为其第一条核心竞争力。 7月10日，福能股份（SH600483，股价9.9元，市值275.23亿元）回复了上交所的《审核中心意见落实 ...

Summary of Changqing Group's Conference Call Industry and Company Overview - Changqing Group has transitioned from die-casting to biomass power generation, becoming a significant player in China's biomass power sector [2][5] - The company divested its gas appliance business in 2021 to focus on downstream energy operations [2] Core Points and Arguments - **Financial Performance**: The company faces challenges from rising fuel costs and difficulties in renewable energy fund disbursement, leading to flat revenue and costs. However, recent declines in coal prices are expected to benefit its thermal power business, potentially improving profitability [2][6] - **Thermal Power Business**: The thermal power segment, particularly the cogeneration units, has shown strong performance, providing stable heating services to industrial parks and paper mills. The "Mancheng Project" is projected to contribute 130 million yuan in net profit in 2024, accounting for over half of the company's total profit [2][10] - **Biomass Business**: While biomass power generation is the main source of installed capacity, it has been impacted by rising coal prices. Future catalysts in the industry could enhance profitability in this segment [2][11] - **Future Profitability**: Despite challenges, the company shows signs of revenue and profit recovery even during coal price downturns. Large units (500,000 kW) are currently at breakeven but have significant potential for profit improvement with better fuel costs [2][13] Additional Important Insights - **Asset Composition**: As of the end of 2024, the company has a total installed capacity of approximately 700,000 kW, with biomass power accounting for about 500,000 kW [3] - **Industry Challenges**: The company has faced multiple challenges, including rising fuel costs and issues with renewable energy fund payments, which have led to a significant amount of accounts receivable [6][14] - **Catalysts for Growth**: Key future catalysts include market expectations for the thermal power business, potential recovery in biomass profitability due to falling coal prices, and collaborations with the Chinese Academy of Sciences for technological advancements [7][15] - **Profit Forecast**: Future profit projections are 330 million yuan, 350 million yuan, and 390 million yuan over the next three years, with a potential profit elasticity of over 50% in 2025 [16] Conclusion Changqing Group is positioned to benefit from recent coal price declines and has a clear strategy for growth through its thermal and biomass power segments. The company's collaborations and market positioning suggest a favorable outlook for future profitability and valuation.

7月7日，新中港今日收盘9.39元，上涨9.95%，滚动市盈率PE（当前股价与前四季度每股收益总和的比 值）达到27.54倍，创270天以来新低，总市值37.61亿元。 序号股票简称PE(TTM)PE(静)市净率总市值(元)11新中港27.5425.662.9037.61亿行业平均 26.7726.341.7682.97亿行业中值27.5428.921.4352.56亿1首创环保6.376.431.07226.82亿2中原环保 8.317.840.9380.90亿3中山公用10.0311.010.77132.02亿4洪城环境10.0610.131.25120.58亿5兴蓉环境 10.8911.171.19222.94亿6海天股份12.2813.121.4339.99亿7江南水务12.7213.071.1752.56亿8联美控股 19.0820.641.19136.00亿9钱江水利24.1726.811.8557.71亿10重庆水务27.0828.921.31227.04亿12百通能源 29.7129.895.0157.15亿 本文源自：金融界 作者：行情君 浙江新中港热电股份有限公司的主营业务是采用热电联产的 ...

证 券 研 究 报 告 长青集团（002616）深度研究报告 推荐（首次） 火电项目存预期差，生物质项目或迎扭亏机 遇，与中科系合作打开未来成长空间 公司研究 [ReportFinancialIndex] 主要财务指标 | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 3,786 | 3,815 | 3,954 | 4,055 | | 同比增速(%) | -4.6% | 0.8% | 3.6% | 2.6% | | 归母净利润(百万) | 217 | 330 | 352 | 395 | | 同比增速(%) | 36.3% | 52.4% | 6.6% | 12.1% | | 每股盈利(元) | 0.29 | 0.44 | 0.47 | 0.53 | | 市盈率(倍) | 21 | 14 | 13 | 11 | | 市净率(倍) | 1.6 | 1.4 | 1.3 | 1.2 | 资料来源：公司公告，华创证券预测 注：股价为 2025 年 7 月 4 日收盘价 供热或其他 2025 年 07 月 0 ...

转自：新华财经 从"煤改气"的转型蓝图到双机组比翼齐飞的现实画卷，中国能建的建设者们以智慧和汗水，书写了粤港澳大湾区绿色发展的新篇章。 流沙之上筑起"绿电明珠" 作为广东省"十四五"能源规划重点项目，东莞高埗燃气项目采用行业领先的F级燃气—蒸汽联合循环机组，年发电量逾33亿千瓦时，可满足百万家庭用电 需求。尤为瞩目的是，其同步建设的热网系统每小时可输送200吨工业蒸汽，能源梯级利用率达70%以上，为周边产业园注入"绿色脉动"。 漫步厂区，岭南园林式的布局掩映在绿树之间，扬尘在线监测系统与智能喷淋装置无声运转，诠释着"绿色工地"的现代内涵。"守护大湾区碧水蓝天，我 们要让每一度电都带着生态温度。"项目经理秦文说。 自项目启动以来，该工程已持续保持安全生产记录1000余天，期间累计开展全方位安全检查248次，创新性成立八个专项小组，建立三级配电系统，实现 临时用电标准化管理，推行＂日巡查、周验收＂制度。项目荣获中国能建2023年度"十化"管理示范项目。 项目团队突破传统，两台"高位收水型冷却塔"采用行业领先的设计方案，将循环水泵和循环水加药设备有机整合，其中循环水泵布置在冷却塔底部，消除 了大部分淋水噪声；在燃机 ...

其中，开源证券西安西大街买入2388.98万元，国泰海通证券上海浦东新区福山路买入399.31万元，开源 证券浙江分公司买入350.40万元。 高盛（中国）证券上海浦东新区世纪大道卖出183.03万元、海通证券嵊州高杨路卖出173.93万元、南京 证券江阴人民中路卖出170.88万元。 买入前5的营业部买入额（万）卖出额（万）净额（万）开源证券西安西大街2388.980.002388.98国泰海 通证券上海浦东新区福山路399.310.00399.31开源证券浙江分公司350.400.00350.40华鑫证券上海陆家嘴 319.570.00319.57信达证券厦门高林中路203.590.00203.59 卖出前5的营业部买入额（万）卖出额（万）净额（万）高盛（中国）证券上海浦东新区世纪大道 0.00183.03-183.03海通证券嵊州高杨路0.00173.93-173.93南京证券江阴人民中路0.00170.88-170.88国泰海 通证券福州华林路0.00119.56-119.56中信证券嵊州兴盛街0.0098.56-98.56 今年以来新中港已经4次登上龙虎榜，上一次登上龙虎榜为1月27日。 7月4日， ...

Group 1 - The core viewpoint of the conference is that traditional coal power will transition to new smart coal power, regional energy service centers, and new virtual power plants, emphasizing the importance of flexibility and energy-saving modifications in thermal power units [1][8] - The conference theme focuses on exploring new energy supply forms through "flexible conversion of thermal power and multi-energy complementary systems" [1] - Experts highlight that coal power still plays a crucial role in ensuring grid safety and heating supply during the current energy transition in China [1][2] Group 2 - The heat and power industry faces three major challenges under the "dual carbon" goals: the need to reposition coal power from a base load to a peak load resource, balancing renewable energy consumption with stable heating supply, and integrating digital technologies for intelligent upgrades of traditional units [2][3] - Current coal-fired power plants in northern China have a significant amount of excess heat potential, which can meet the heating needs of approximately 10 billion square meters of buildings [2][3] Group 3 - The "three reform linkage" approach is essential for the coal power industry to enhance efficiency while maintaining its role as a safety net [4][5] - Innovations in low-pressure cylinder technology have improved heating steam extraction while reducing coal consumption per kilowatt-hour [4] - The coal power sector is encouraged to adopt biomass co-firing, green ammonia co-firing, and carbon capture technologies to promote low-carbon transformation [5] Group 4 - The development of a new power system characterized by cleanliness, low carbon, safety, and flexibility is crucial, leveraging China's rich coal resources and optimizing regional energy distribution [6] - The transition of traditional coal power to new smart coal power and regional energy service centers is emphasized, with a focus on integrating various energy sources [6][8] Group 5 - Solutions for existing challenges in heat exchangers and other equipment have been proposed, including green efficient descaling and optimization techniques [7] - The need to enhance the low-carbon level of thermal power units and expand their heating market is highlighted, with a focus on year-round utilization of waste heat [7] Group 6 - The coal power sector is viewed as an irreplaceable stabilizer in the energy system, with ongoing transformations and upgrades necessary for its future [8] - The conference aims to foster high-level dialogue and collaboration to address the challenges of thermal power transformation and cultivate new productive forces in the industry [8]

7月1日，新中港今日收盘7.61元，上涨1.33%，滚动市盈率PE（当前股价与前四季度每股收益总和的比 值）达到22.32倍，创15天以来新低，总市值30.48亿元。 从行业市盈率排名来看，公司所处的公用事业行业市盈率平均26.08倍，行业中值26.80倍，新中港排名 第11位。 截至2025年一季报，共有4家机构持仓新中港，其中QFII2家、其他1家、基金1家，合计持股数30021.59 万股，持股市值22.76亿元。 浙江新中港热电股份有限公司的主营业务是采用热电联产的方式进行热力产品、电力产品和压缩空气的 生产及供应。公司的主要产品是蒸汽、电力（热电联产）、电力（储能电力）、压缩空气、煤炭。电力 产品出售给国家电网公司供应终端电力用户。公司是浙江省首个全厂通过超低排放验收的热电厂。 作者：行情君 最新一期业绩显示，2025年一季报，公司实现营业收入1.74亿元，同比-20.46%；净利润1545.37万元， 同比-39.20%，销售毛利率24.54%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)9新中港22.3220.802.3530.48亿行业平均 26.0825.621.7080.86亿 ...

项目团队突破传统思维，针对场区地下2米遍布流沙，创新采用"底板预制+吊装"方案，将80吨的油池底板整体吊装，化解塌方风险；两台"高位收水型冷却 塔"采用行业领先的设计方案，将循环水泵和循环水加药设备有机整合，其中循环水泵布置在冷却塔底部，消除了大部分淋水噪声；在燃机润滑油系统施工 中，创新采用"爆破吹扫"新工艺，确保了油质清洁度，提高了施工效率。 据悉，该项目位于高埗镇塘厦村唯美陶瓷工业园，占地面积11.47公顷，是广东省"十四五"期间能源发展规划保供电的重点项目，扩建2台470兆瓦级燃气-蒸 汽联合循环热电联产机组。项目全部建成后，两套机组年发电量约33亿千瓦时，年供热量583万吉焦，将进一步提高东莞市电力自给率，夯实区域绿色低碳 发展基础，助力粤港澳大湾区实现"双碳"目标。（张旖曦） 编辑：吴郑思 该项目工程建设过程中，安徽电建二公司项目团队充分发挥专业优势，统筹规划，科学管理，精益施工，不断提高安全质量管控能力。创新性成立八个专项 小组，建立三级配电系统，实现临时用电标准化管理；累计开展全方位安全检查248次，并推行"日巡查、周验收"制度，持续保持安全生产记录1000余天， 项目荣获中国能建 "十化"管 ...

证券代码：605011 证券简称：杭州热电 公告编号：2025-025 杭州热电集团股份有限公司 关于控股子公司签订热电联产项目（一期）工程总承包（EPC）总承包合同 暨项目投资建设的进展公告 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： ● 合同类型及金额：工程总承包，合同金额人民币49,100万元（含税）。 ● 对上市公司当年业绩的影响：由于合同履行期较长，该合同履行对公司本年度的资产总额、净资产和 净利润等不构成重大影响。该合同实施不影响公司的独立性，公司主要业务不会因该项目而与相关方形 成依赖。 2025年4月17日，公司第三届董事会第七次会议审议通过了《关于湖北滨江热电联产项目（一期）工程 项目投资建设暨总承包（EPC）招标的议案》，公司控股子公司湖北滨江能源有限公司（以下简称"湖 北滨江"）拟投资建设"湖北滨江热电联产项目（一期）工程"（以下简称（一期）工程项目或本项目） 并进行工程总承包（EPC）招标工作。公司董事会同意湖北滨江开展热电联产（一期）工程项目开展投 资建设事宜，包括但不限于项目公开 ...