Core Viewpoint - The company is revising its governance structure by canceling the supervisory board and amending its articles of association, which will be subject to approval at the upcoming extraordinary general meeting of shareholders [1][25][30]. Group 1: Governance Revisions - The company plans to revise several governance systems to enhance operational standards and align with regulatory requirements, including the rules for shareholder meetings, board meetings, and various committee guidelines [2][3][28]. - A total of 26 governance documents are being revised, with 6 requiring shareholder approval at the upcoming meeting, while the remaining 20 will take effect immediately upon board approval [3][28][30]. Group 2: Extraordinary General Meeting - The extraordinary general meeting is scheduled for September 16, 2025, and will utilize both on-site and online voting methods [4][5]. - Shareholders must register to attend the meeting, with specific registration procedures outlined for both individual and corporate shareholders [11][13][15]. - The meeting will address the approval of the revised governance documents and the cancellation of the supervisory board [7][30].

Group 1 - The company, Huaihe Energy, reported a revenue of approximately 13.737 billion yuan for the first half of 2025, representing a year-on-year decrease of 13.18% [1] - The net profit attributable to shareholders of the listed company was about 448 million yuan, down 22.15% year-on-year [1] - The basic earnings per share were 0.12 yuan, reflecting a decrease of 20% compared to the previous year [1]

Core Viewpoint - Huaihe Energy (600575.SH) reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Financial Performance - The company achieved total operating revenue of 13.737 billion yuan, a year-on-year decrease of 13.18% [1] - The net profit attributable to shareholders was 448 million yuan, reflecting a year-on-year decline of 22.15% [1] - Basic earnings per share were reported at 0.12 yuan [1]

Group 1 - The company, Huaihe Energy, announced that it will hold its second extraordinary general meeting of shareholders on September 16, 2025 [1] - The agenda for the meeting includes the review of multiple proposals, including the revision of certain corporate governance systems [1]

Group 1 - The core viewpoint of the article is that Huaihe Energy has reported a decline in both revenue and net profit for the first half of the year [1] - The company's operating revenue for the first half of the year is 13,737,080,276.36 yuan, which represents a year-on-year decrease of 13.18% [1] - The net profit attributable to shareholders of the listed company is 447,712,120.07 yuan, reflecting a year-on-year decrease of 22.15% [1] Group 2 - The announcement indicates that there are new circulating shareholders among the top ten, including China Construction Bank Co., Ltd. - Wanjia Selected Mixed Securities Investment Fund and Guoyuan Securities - Huai Bei Wan Huai Investment Co., Ltd. - Guoyuan Securities Wan Huai No. 3 Single Asset Management Plan [1] - Other new circulating shareholders include Yu Xiuping and China Merchants Bank Co., Ltd. - Huaxia CSI 1000 Exchange-Traded Open-End Index Securities Investment Fund [1]

证券代码：600575 证券简称：淮河能源 公告编号：临 2025-041 淮河能源（集团）股份有限公司 关于召开2025年第二次临时股东大会的通知 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： 一、 召开会议的基本情况 (一)股东大会类型和届次 2025年第二次临时股东大会 (二)股东大会召集人：董事会 (三)投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合的 方式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 9 月 16 日 09 点 00 分 召开地点：安徽省淮南市大通区大通街道居仁村 E 组团商业及服务楼公司二 楼会议室 (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 9 月 16 日 至2025 年 9 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2025年9月16日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络 ...

本公司监事会及全体监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。 淮河能源（集团）股份有限公司（以下简称"公司"）第八届监事会第十二次会 议于 2025 年 8 月 29 日在公司二楼二号会议室召开，会议通知于 2025 年 8 月 19 日以 电子邮件的形式向全体监事发出。会议应出席监事 4 人，实际出席 4 人，公司董事长 周涛（代行董事会秘书职责）列席了会议。会议由监事会主席王小波主持，会议的召 开符合《公司法》和《公司章程》的规定。会议逐项审议，并以书面记名表决的方式 通过了如下决议： 一、审议通过了《淮河能源（集团）股份有限公司 2025 年半年度报告》全文及 其摘要 根据《证券法》等相关规定，公司监事会对董事会编制的 2025 年半年度报告发 表如下审核意见： 1、半年报的编制和审议程序符合法律、法规、《公司章程》和公司内部管理制 度的各项规定； 2、半年报的内容和格式符合中国证监会和上海证券交易所的各项规定，所包含 的信息能够从各个方面真实地反映出公司半年度的经营管理和财务状况等事项； 3、在提出本意见前，没有发现参与半年报编制和 ...

一、审议通过了《淮河能源（集团）股份有限公司 2025 年半年度报告》全文及其 摘要 2025 年半年度报告全文详见上海证券交易所网站（http://www.sse.com.cn）。 2025 年半年度报告摘要详见上海证券交易所网站（http://www.sse.com.cn）及公 司指定信息披露媒体《上海证券报》、《中国证券报》、《证券时报》。 证券代码：600575 证券简称：淮河能源 公告编号：临 2025-038 淮河能源（集团）股份有限公司 第八届董事会第十五次会议决议公告 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。 淮河能源（集团）股份有限公司（以下简称"公司"）第八届董事会第十五次会议 于 2025 年 8 月 29 日在公司二楼二号会议室召开，会议通知于 2025 年 8 月 19 日以电 子邮件的形式向全体董事发出。会议应出席董事 8 人，实际出席 8 人。公司监事和高 级管理人员列席了会议。会议由周涛董事长主持，会议的召开符合《公司法》和《公 司章程》的规定。会议逐项审议，并以书面记名表决的方式通过了如 ...

Core Points - The report indicates a decrease in revenue and profit for Huaihe Energy in the first half of 2025 compared to the same period in 2024, with operating income dropping by 13.18% to CNY 13.74 billion and net profit attributable to shareholders decreasing by 22.15% to CNY 447.71 million [1][2] - Total assets increased by 2.98% to CNY 23.83 billion, while net assets attributable to shareholders rose by 4.46% to CNY 11.97 billion [1][2] - The company experienced a significant decline in cash flow from operating activities, which fell by 41.90% to CNY 736.74 million [1][2] Financial Summary - Total assets at the end of the reporting period were CNY 23,826,955,500.39, up from CNY 23,136,972,920.37 [1] - Net profit attributable to shareholders was CNY 447,712,120.07, down from CNY 575,115,602.87, reflecting a decrease of 22.15% [1] - The weighted average return on net assets decreased by 1.28 percentage points to 3.82% [1] Shareholder Information - The largest shareholder, Huainan Mining (Group) Co., Ltd., holds a significant stake, with other notable shareholders including Shanghai Huai Mining Asset Management Co., Ltd. at 6.66% [2] - The total number of shareholders at the end of the reporting period was 81,813 [1][2]

Core Viewpoint - Huaihe Energy (Group) Co., Ltd. reported a decline in key financial metrics for the first half of 2025, primarily due to reduced coal trading revenue and increased competition in the energy market [2][18]. Company Overview and Financial Indicators - The company’s total revenue for the first half of 2025 was approximately CNY 13.74 billion, a decrease of 13.18% compared to the same period last year [2]. - The total profit for the period was about CNY 577.68 million, down 20.82% year-on-year [2]. - The net profit attributable to shareholders was CNY 447.71 million, reflecting a 22.15% decline from the previous year [2]. - The net cash flow from operating activities was CNY 736.74 million, a significant drop of 41.90% compared to the same period last year [2]. - The company’s total assets increased by 2.98% to CNY 23.83 billion, while net assets rose by 4.46% to CNY 11.97 billion [2]. Industry and Main Business Analysis - The company operates primarily in the thermal power generation sector, which is the largest segment of its business [3]. - As of June 2025, the total installed power generation capacity in China reached 3.648 billion kilowatts, with thermal power accounting for 1.474 billion kilowatts, a 4.7% increase year-on-year [3]. - The average utilization hours of power generation equipment decreased by 162 hours compared to the previous year, indicating a contraction in thermal power's market share due to the rise of renewable energy sources [3][4]. - The coal production in China for the first half of 2025 was 2.4 billion tons, showing a year-on-year increase of 5.4%, while coal consumption decreased by 2.8% due to the expansion of renewable energy installations [6][7]. Business Segments - The company’s main business segments include thermal power generation, electricity sales, railway transportation, and coal blending [8]. - The thermal power generation segment is supported by fully owned power plants and joint ventures, with a focus on maximizing efficiency and profitability [8][9]. - The electricity sales segment has been actively engaging in bilateral trading and expanding into energy management and carbon asset management [9][10]. - The railway transportation segment has a design capacity of 70 million tons per year, primarily serving coal transportation needs [10]. - The coal blending business focuses on coal processing and sales, aiming to enhance market presence and profitability [10][11]. Operational Performance - The company maintained stable operations in its main business areas, with a focus on safety and efficiency [11]. - The company achieved a total electricity trading volume of 5.988 billion kilowatt-hours in the first half of 2025 [13]. - The coal transportation volume was approximately 21.49 million tons, reflecting a decrease of about 3.48 million tons compared to the previous year due to reduced market demand [13]. - The company’s coal blending operations completed a total of 16.59 million tons, slightly exceeding budget expectations [14].