四川西昌电力股份有限公司 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。 根据四川西昌电力股份有限公司（以下简称"公司"）章程，公司于2025年10月 15日收到工会委员会《关于公司第八届董事会职工董事选举结果的通知》，会议选举 杨鹏先生为公司职工董事，经2025年10月16日向股东会报告，杨鹏先生职工董事身份 生效，任期与公司第八届董事会任期一致。杨鹏先生简历附后。 证券代码：600505 证券简称：西昌电力 公告编号：2025-056 关于选举产生职工董事的公告 2025 年10月17日 附件：杨鹏先生简历 特此公告。 四川西昌电力股份有限公司董事会 杨鹏，男，汉族，1973 年 9 月出生，中共党员，硕士学历，高级工程师，2015 年 被评为凉山州国资系统 2014 年度优秀共产党员，2015 年获得四川省五一劳动奖章， 历任供电公司变电处继保班副班长、副处长、处长，电网运检部变电科科长、生技部 副主任、新能源部主任、盐源丰光公司总经理、基建部主任、副总工程师、总经理助 理等职务；现任电网运检部党总支书记、总经理助理兼电 ...

四川元航律师事务所 四川元航律师事务所 四川西昌电力股份有限公司 2025 年第三次临时股东会法律意见书 (一)经本所律师审查,本次股东会由公司董事会召集。公司董 事会依照《股东会规则》及《公司章程》的规定提前通知了公司各股 东,决定于 2025年10月16日召开本次股东会。公司董事会于 2025 年 09 月 17 日披露了《四川西昌电力股份有限公司关于召开 2025 年 第三次临时股东会的通知》(以下简称:《通知》,将本次股东会的会 议时间、会议地点、召开方式、审议事项、会议出席对象等内容通知 了各股东。 (二)经本所律师见证,本次股东会召开的实际时间、地点、方 式等与《通知》中所告知的一致。 致:四川西昌电力股份有限公司 四川元航律师事务所(以下简称:本所)受四川西昌电力股份有 限公司(以下简称:公司)的委托,指派马奇律师、吴星宇律师列席 了公司于 2025 年 10 月 16 日召开的 2025 年 第三次临时股东会（以下 简称:本次股东会),并依据《中华人民共和国公司法》(以下简称: 《公司法》)、《中华人民共和国证券法》(以下简称:《证券法》)、中 国证券监督管理委员会《上市公司股东会规则》(以下 ...

证券代码：600505 证券简称：西昌电力 公告编号：2025-055 四川西昌电力股份有限公司 2025年第三次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 10 月 16 日 (二)股东会召开的地点：四川省西昌市胜利路 66 号办公大楼 6 楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 2、 议案名称：关于取消公司监事会及废止《公司监事会议事规则》的议案 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东会的召集、召开形式和程序符合《公司法》《证券法》《四川西昌 电力股份有限公司章程》的有关规定，会议决议合法有效。本次会议由张劲董事 长主持。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 (一)非累积投票议案 1、 议案名称：关于修订《公司章程》的议案 审议结果：通过 表决情况： | 股东类型 | 同意 | | 反 ...

Group 1: Company Performance - Qin Chuan IoT reported a revenue of 219 million yuan for the first three quarters of 2025, a year-on-year decrease of 16.24%, and a net profit attributable to shareholders of -69.9 million yuan, down 66.72% [1] - Shenghe Resources expects a net profit attributable to shareholders for the first three quarters of 2025 to be between 740 million and 820 million yuan, representing an increase of 696.82% to 782.96% year-on-year [2] - Yahua Group anticipates a net profit attributable to shareholders of 320 million to 360 million yuan for the first three quarters of 2025, a year-on-year increase of 106.97% to 132.84% [4] - Xichang Electric Power expects a net profit of approximately 12.4 million yuan for the first three quarters, a growth of about 150.51% compared to the previous year [5] - Saintno Bio forecasts a net profit attributable to shareholders of 114 million to 140 million yuan for the first three quarters, an increase of 100.53% to 145.10% year-on-year [6] Group 2: Business Operations and Market Conditions - Qin Chuan IoT's decline in net profit is attributed to lower sales volume and price of domestic gas meters, leading to increased fixed costs and reduced gross margin [1] - Shenghe Resources' significant profit increase is driven by improved market demand and product prices for rare earth products, alongside optimized production and marketing strategies [2] - Yahua Group's profit growth is supported by stable orders from key customers and increased sales of lithium salt products due to favorable market feedback [4] - Xichang Electric Power's performance improvement is linked to enhanced service quality, increased sales volume, and effective cost management [5] - Saintno Bio's growth is attributed to stable development in its main business and increased demand for peptide raw materials, bolstering its market competitiveness [6] Group 3: Strategic Developments - Shenghe Resources completed the acquisition of 100% equity in Australian company Peak, enhancing its global business layout with the acquisition of the Ngualla rare earth mine project [3]

Core Viewpoint - Sichuan Xichang Electric Power Co., Ltd. reported its operational data for the first three quarters of 2025, highlighting significant growth in net profit and operational efficiency due to increased sales and effective cost management [4][5][12]. Group 1: Operational Data - The company operates seven hydropower stations with an equity installed capacity of 122.9 MW, selling generated electricity within Liangshan Prefecture [1]. - The company holds a 90% stake in Yanyuan Fengguang New Energy Co., Ltd., which operates the Tangniwan photovoltaic power station with an installed capacity of 40 MW (company's equity capacity: 36 MW), selling electricity to State Grid Sichuan Electric Power Company [1][2]. - The company also holds a 71.27% stake in Muli County Guzeng Hydropower Development Co., Ltd., which operates the Kangwu Hydropower Station with an installed capacity of 172 MW (company's equity capacity: approximately 122.6 MW), selling electricity to State Grid Sichuan Electric Power Company and State Grid Liangshan Power Supply Company [2][3]. Group 2: Financial Performance - The company expects a net profit attributable to shareholders of approximately 12.4 million yuan for the first three quarters of 2025, a 150.51% increase from 4.95 million yuan in the same period last year [5][7][10]. - The net profit after deducting non-recurring gains and losses is estimated to be around 11.2 million yuan [8]. - The increase in profit is attributed to a 9.93% year-on-year growth in electricity sales volume and a 6.53% increase in operating revenue, alongside a 33.28% reduction in financial expenses [12].

Core Viewpoint - Sichuan Xichang Electric Power Co., Ltd. expects a significant increase in net profit for the first three quarters of 2025, projecting approximately 12.4 million yuan, which represents a growth of about 150.51% compared to the same period last year [2][5]. Financial Performance Summary - The company anticipates a net profit attributable to shareholders of approximately 12.4 million yuan for the first three quarters of 2025, compared to 4.95 million yuan in the same period last year [2][5]. - The expected net profit after deducting non-recurring gains and losses is about 11.2 million yuan [3][6]. - The earnings per share for the previous year was 0.0136 yuan [9]. Operational Highlights - The company has seven self-owned and controlled hydropower stations with a total installed capacity of 122.9 MW, all of which sell electricity within the Liangshan Prefecture [15]. - The company holds a 90% stake in Yanyuan Fengguang New Energy Co., Ltd., which operates the Tangniwan photovoltaic power station with an installed capacity of 40 MW [16]. - The company also has a 71.27% stake in Muli County Guzeng Hydropower Development Co., Ltd., which operates the Kangwu Hydropower Station with an installed capacity of 172 MW [17]. Reasons for Performance Change - The increase in performance is attributed to enhanced service quality leading to a 9.93% year-on-year increase in electricity sales volume and a 6.53% increase in revenue [10]. - Implementation of lean management practices has effectively reduced non-production expenses, resulting in a 33.28% decrease in financial costs [10]. - Favorable hydrological conditions in the river basin and a decrease of 2.63% in the average purchase price of electricity contributed positively to the performance [10].

Core Viewpoint - Xichang Electric Power (600505) announced a significant increase in net profit for the first three quarters, projecting a net profit of 12.40 million yuan, representing a year-on-year growth of 150.51% [2] Financial Performance - The company expects to achieve a net profit of 12.40 million yuan for the first three quarters [2] - The projected net profit reflects a substantial year-on-year increase of 150.51% [2] Stock Market Reaction - Xichang Electric Power's stock closed at 13.78 yuan, down 0.58% on the announcement day, with a trading volume of 149 million yuan and a turnover rate of 2.99% [2] - Over the past five days, the stock has increased by 5.03% [2] - Historical data shows that 76.92% of stocks with a profit forecast increase of over 50% saw their prices rise on the announcement day, with 6 stocks hitting the daily limit [2] - In the five days following the announcement, 80.77% of these stocks experienced price increases [2] Capital Flow - The stock experienced a net outflow of 8.25 million yuan in principal funds on the announcement day, but had a net inflow of 11.77 million yuan over the past five days [2] - As of October 10, the margin balance was 64.39 million yuan, with a financing balance of 64.39 million yuan, reflecting a decrease of 2.88% from the previous trading day [2] - The financing balance has increased by 5.12% over the past five days [2]

Core Viewpoint - Xichang Electric Power (600505.SH) forecasts a net profit attributable to shareholders of approximately 12.4 million yuan for the first three quarters of 2025, with a net profit of about 11.2 million yuan after deducting non-recurring gains and losses [1] Group 1: Performance Drivers - The company has significantly enhanced its service quality, leading to a 9.93% year-on-year increase in electricity sales volume and a 6.53% rise in operating revenue [1] - Implementation of lean management practices has effectively reduced non-production expenses, resulting in a 33.28% decrease in financial costs year-on-year [1] - The hydrological conditions in the river basin of the connected power stations were more favorable compared to the previous year, contributing to a 2.63% year-on-year decline in the average purchase price of electricity [1]

Core Viewpoint - Xichang Electric Power (600505.SH) expects a net profit attributable to shareholders of approximately 12.4 million yuan for the first three quarters of 2025, driven by increased sales and improved cost management [1] Group 1: Performance Drivers - The company achieved a year-on-year increase of 9.93% in electricity sales volume, contributing to a revenue growth of 6.53% [1] - Implementation of lean management practices led to a significant reduction in non-production expenses, with financial costs decreasing by 33.28% year-on-year [1] - Favorable hydrological conditions in the river basin of the connected power stations resulted in a 2.63% decrease in the average purchase price of electricity [1]

Group 1 - Multiple listed companies, including Chenguang Biological and Shengnuo Biological, expect net profit to double in the first three quarters of 2025 [1] - Chenguang Biological forecasts a net profit of 278 million to 314 million yuan, representing a year-on-year growth of 344.05% to 401.55% [1] - Chenguang Biological attributes its performance improvement to increased revenue and gross profit from plant extraction products and a recovery in cottonseed business [1] Group 2 - Shengnuo Biological anticipates a net profit of 114 million to 140 million yuan, an increase of 100.53% to 145.1% year-on-year [2] - Shengnuo Biological cites stable development in its main business and growing demand for peptide raw materials as key factors for its performance [2] - Sanmei Co. expects a net profit of 1.524 billion to 1.646 billion yuan, with a year-on-year increase of 171.73% to 193.46% due to reduced production quotas and rising downstream demand [2] Group 3 - Yuegui Co. predicts a net profit of 420 million to 470 million yuan, reflecting a year-on-year growth of 86.87% to 109.11% [2] - Yuegui Co. attributes its performance to cost reduction efforts and rising prices of major mineral products [2] - Xichang Electric forecasts a net profit of approximately 12.4 million yuan, a growth of about 150.51% compared to the previous year [3] Group 4 - Xichang Electric's performance is driven by increased sales volume, effective cost management, and favorable water conditions for power generation [3] - Tian'ao Electronics expects a third-quarter net profit of 6.683 million to 7.623 million yuan, a year-on-year increase of 1281.13% to 1475.39% [3] - Tian'ao Electronics indicates that its overall performance for the first nine months of 2025 is expected to decline due to market competition and project progress [3]