| 证券代码：600483 | 证券简称：福能股份 | 公告编号：2026-003 | | --- | --- | --- | | 转债代码：110099 | 转债简称：福能转债 | | 福建福能股份有限公司 关于使用闲置募集资金进行现金管理的公告 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： 投资种类：大额存单、结构性存款等安全性高及流动性好的保本型银行理财产 品。 投资金额：福建福能股份有限公司（以下简称公司）拟使用不超过人民币 18.5 亿元的闲置募集资金进行现金管理，使用期限自公司董事会审议通过之日起 12 个月内， 在上述额度及期限内，可循环滚动使用。 已履行及拟履行的审议程序：本事项已经公司第十一届董事会第四次临时会议 审议通过，无需提交股东会审议。 特别风险提示：尽管公司选择投资安全性高、流动性好的保本型产品，但金融 市场受宏观经济影响较大，不排除该项投资受到市场波动影响的风险。 一、现金管理情况概述 （一）现金管理目的 为提高募集资金使用效率，合理利用闲置募集资金，在确保募集资金安全且不影 响 ...

证券日报网讯1月29日，福能股份（600483）在互动平台回答投资者提问时表示，公司高度重视股东回 报，将结合发展阶段、经营情况、现金流等因素，研究股东提出的利润分配意见建议，制订利润分配方 案。 ...

证券日报网讯1月27日，福能股份（600483）在互动平台回答投资者提问时表示，公司不生产电网设 备；目前未收到集团资产注入公司的相关文件，后续如涉及公司被注入资产或重组，公司将严格按照信 息披露监管规定及时公告。 ...

Investment Rating - The report maintains a positive outlook on the power and gas sectors, indicating a favorable investment environment for renewable energy and gas companies [2][3]. Core Insights - The report highlights a slight increase in overall power generation in 2025, primarily driven by wind and solar energy contributions, while traditional coal power generation shows a decline [8][9]. - The extreme cold weather in the U.S. has led to a significant spike in natural gas prices due to increased demand and supply constraints [18][22]. - The report suggests various investment opportunities across different segments of the energy sector, including coal power, hydropower, nuclear power, renewable energy, and gas companies [18][43]. Summary by Sections 1. Power Generation - In December 2025, total power generation was 858.6 billion kWh, a year-on-year increase of 0.1%. Coal power generation decreased by 3.2%, while renewable sources like wind and solar saw significant growth [10][11]. - For the entire year of 2025, total power generation reached 9715.9 billion kWh, up 2.2% from the previous year, with coal power down by 1.0% and solar power up by 24.4% [15][19]. 2. Natural Gas - As of January 23, 2026, the Henry Hub spot price surged to $30.72/mmBtu, reflecting a week-on-week increase of 903.53%. European gas prices also rose significantly due to low inventory levels and increased demand [20][28]. - The report notes that the extreme cold weather has tightened supply and demand dynamics, leading to higher global gas prices, particularly in Europe and Northeast Asia [22][37]. 3. Investment Recommendations - For coal power, companies like Guodian Power and Inner Mongolia Huadian are recommended due to their integrated coal and power operations [18]. - Hydropower companies such as Yangtze Power and State Power Investment Corporation are favored due to favorable conditions for energy storage and reduced capital expenditures [19]. - Nuclear power companies like China National Nuclear Power and China General Nuclear Power are highlighted for their stable cost structures and growth potential [18]. - Renewable energy operators such as Xinte Energy and Longyuan Power are recommended as new market rules enhance the stability of returns [18]. - Gas companies like Kunlun Energy and New Hope Liuhe are suggested for their potential recovery in profitability due to cost reductions and improved pricing mechanisms [43].

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The transition towards cleaner electricity generation is accelerating, highlighting the value of sector dividends [1] - The overall electricity consumption in 2025 is projected to grow by 5.0%, with significant contributions from the tertiary sector and urban-rural residents [3][15] - The generation capacity is shifting towards wind and solar, with these sources contributing 90.1% of the total generation increase in 2025 [3][15] - The annual long-term electricity prices are stabilizing, with expectations for improved pricing dynamics in 2026 [3][15] - Investment opportunities are emerging in thermal and hydropower sectors, emphasizing the defensive attributes of the sector [3][15] Summary by Sections Electricity Consumption - In 2025, total electricity consumption is expected to reach 10.37 trillion kWh, reflecting a year-on-year increase of 5.0% [15] - The contribution from the tertiary sector and urban-rural residents is projected to rise, accounting for 50.2% of the total increase in electricity consumption by 2025 [3][15] - The growth rates for different sectors in 2025 are as follows: primary industry +9.9%, secondary industry +3.7%, tertiary industry +8.2%, and urban-rural residents +6.3% [15][27] Generation Capacity - The total installed capacity of wind and solar is expected to increase by 360 GW, while the share of thermal power is projected to decrease to 40% [3][15] - In 2025, the generation increase from wind and solar is expected to dominate, with a significant contribution to the overall power generation structure [3][15] Electricity Pricing - The report indicates a downward trend in electricity prices in several provinces, with expectations for stabilization as the market matures [3][15] - The market share of electricity traded through market mechanisms is projected to reach 64.0% in 2025, with a notable increase in green electricity transactions [3][15] Investment Opportunities - The report highlights several companies with strong dividend yields and market management strategies, including Huaneng International Power and Huadian International Power [3][15] - There are also opportunities in hydropower, particularly for companies like Yangtze Power and Guigang Power, which are expected to see profit growth in the coming quarters [3][15]

证券日报网讯1月23日，福能股份（600483）在互动平台回答投资者提问时表示，公司严格遵守信息披 露相关规定，依法依规履行信息披露义务。 ...

证券日报网讯1月23日，福能股份（600483）在互动平台回答投资者提问时表示，电力市场化改革是国 家通过市场机制优化电力资源配置，发电企业可能会产生电量、电价波动等风险，进而会影响经营业 绩。公司将加强电力市场研究和电力市场营销工作，积极推进相关机组灵活性改造，努力降本增效，争 取较好生产效益。 ...

证券日报网讯1月23日，福能股份（600483）在互动平台回答投资者提问时表示，公司经营正常。公司 严格遵守信息披露相关规定，依法依规履行信息披露义务。 ...

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。 根据中国证券监督管理委员会《上市公司监管指引第3号——上市公司现金分红》 及福建福能股份有限公司（以下简称公司）《章程》等相关规定，为做好公司2025年度 利润分配工作，增强公司利润分配方案决策的透明度，保护广大投资者尤其是中小投资 者的利益，公司决定就2025年度利润分配事项公开征求投资者意见。 | 证券代码：600483 | 证券简称：福能股份 | 公告编号：2026-002 | | --- | --- | --- | | 转债代码：110099 | 转债简称：福能转债 | | 福建福能股份有限公司 关于 2025 年度利润分配事项征求投资者意见的公告 本次征求意见截止时间为2026年2月6日，公司股东可以通过电子邮件方式，将意见 和建议反馈至公司董事会办公室，并请同时提供相关身份及持股证明等材料。 特此公告。 福建福能股份有限公司董事会 2026 年 1 月 24 日 电子邮箱：caiw@fjec.com.cn ...

| 证券代码：600483 | 证券简称：福能股份 公告编号：2026-001 | | --- | --- | | 转债代码：110099 | 转债简称：福能转债 | | 电源类别 | | 发电量（亿千瓦时） | | | | 上网电量（亿千瓦时） | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 10-12 | 月 | 1-12 | 月 | 10-12 | 月 | 1-12 | 月 | | | 完成值 | 同比% | 完成值 | 同比% | 完成值 | 同比% | 完成值 | 同比% | | 1.风电 | 20.73 | -11.80 | 59.95 | -0.29 | 20.32 | -11.59 | 58.60 | -0.20 | | 其中：海上风电 | 12.50 | -11.19 | 35.69 | 0.91 | 12.23 | -10.83 | 34.85 | 1.10 | | 陆上风电 | 8.23 | -12.71 | 24.26 | -2.02 | 8.09 | -12.70 | 23.75 | -2.05 | ...