本次注销控股子公司及不再参与高邮整市屋顶分布式光伏项目开发建设事项有利于公司进一步优化资源 配置、降低管理成本、提升经营质效。注销完成后，新能昊邮将不再纳入公司合并财务报表范围，不会 对公司财务状况和经营成果产生重大不利影响，不存在损害公司及公司股东、特别是中小股东利益的情 况。 格隆汇2月27日丨江苏新能(603693.SH)公布，公司拟注销控股子公司江苏新能昊邮新能源发展有限公 司。江苏国信高邮热电有限责任公司和博腾国际投资贸易有限公司为公司关联法人，分别持有新能昊邮 28%和20%股权，根据《上海证券交易所股票上市规则》等相关法律法规的规定，本次交易构成关联交 易。 ...

证券代码：603693 证券简称：江苏新能 公告编号：2026-008 江苏省新能源开发股份有限公司 关于拟注销控股子公司暨关联交易的公告 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： 江苏省新能源开发股份有限公司（以下简称"公司"）拟注销控股子公 司江苏新能昊邮新能源发展有限公司（以下简称"新能昊邮"）。 江苏国信高邮热电有限责任公司（以下简称"高邮热电"）和博腾国际 投资贸易有限公司（以下简称"博腾公司"）为公司关联法人，分别持有新能昊 邮 28%和 20%股权，根据《上海证券交易所股票上市规则》等相关法律法规的规 定，本次交易构成关联交易。 本次交易不构成重大资产重组。 前期经公司第三届董事会第二十三次会议审议通过，公司与高邮热电、博腾 公司共同出资成立新能昊邮，其中，公司出资 4,269.2 万元，占注册资本的 52%， 1 高邮热电出资 2,298.8 万元，占注册资本的 28%，博腾公司出资 1,642 万元，占 注册资本的 20%。 基于行业政策、市场环境、项目条件及区域资源等多方面因素影响，公 ...

Market Overview - On February 13, the Jiangsu state-owned enterprise reform sector fell by 1.12% compared to the previous trading day, with Jiang Tian Chemical leading the decline [1] - The Shanghai Composite Index closed at 4082.07, down 1.26%, while the Shenzhen Component Index closed at 14100.19, down 1.28% [1] Stock Performance - Notable gainers in the Jiangsu state-owned enterprise reform sector included: - Shifujian Shen (300528) with a closing price of 24.59, up 3.80% on a trading volume of 530,200 shares and a transaction value of 1.297 billion [1] - Jinling Hotel (601007) closed at 8.27, up 2.48% with a trading volume of 133,600 shares and a transaction value of 110 million [1] - Major decliners included: - Jiang Tian Chemical (300927) which closed at 31.82, down 6.30% with a trading volume of 135,300 shares and a transaction value of 436 million [2] - Xugong Machinery (000425) closed at 11.79, down 3.12% with a trading volume of 836,400 shares and a transaction value of 991 million [2] Capital Flow - The Jiangsu state-owned enterprise reform sector experienced a net outflow of 420 million from main funds, while retail funds saw a net inflow of 130 million [2] - The following stocks had significant capital flows: - Taiji Industry (600667) had a net inflow of 16.97 million from main funds, while retail funds saw a net outflow of 81.12 million [3] - Jinling Hotel (601007) had a net inflow of 11.40 million from main funds, but a net outflow of 13.69 million from retail funds [3]

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。 近日，东台项目的项目公司收到江苏省发展和改革委员会于 2026 年 2 月 12 日出具的《省发展改革委关于江苏国信东台 H4#/H6#海上风电项目核准的批复》 （苏发改能源发〔2026〕148 号），主要内容如下： 江苏省新能源开发股份有限公司 关于控股股东先行投资东台 H4#/H6#海上风电项目获 得核准批复的公告 一、事项概述 为了支持江苏省新能源开发股份有限公司（以下简称"公司"）争取海上风 电资源，公司控股股东江苏省国信集团有限公司（以下简称"国信集团"）牵头 组建联合体参与了江苏省 2024 年度海上风电项目竞争性配置申报，中选并获得 合计约 155 万千瓦海上风电项目的开发权，前述中选项目按开发节奏分段推进。 为了有效避免同业竞争，同时，充分利用控股股东在资金、资源等方面的优 势，控制公司投资风险，最大限度保护公司及全体股东的利益，2025 年 10 月 22 日，公司召开第四届董事会第十四次会议，逐项审议通过《关于大丰 H19#、东 台 H4#/H6#海上风电项目 ...

依据《行政许可法》《江苏省企业投资项目核准和备案管理办法》等有关规定，同意建设东台H4#/H6# 海上风电项目。项目法人为江苏国信润东海上风力发电有限公司。项目建设场址位于盐城市东台市近海 海域，总装机规模30.8万千瓦。项目总投资约为33.5亿元。 格隆汇2月13日丨江苏新能(603693.SH)公布，近日，东台项目的项目公司收到江苏省发展和改革委员会 于2026年2月12日出具的《省发展改革委关于江苏国信东台H4#/H6#海上风电项目核准的批复》（苏发 改能源发〔2026〕148号），主要内容如下： ...

Core Viewpoint - The new refinancing policies introduced by the Shanghai, Shenzhen, and Beijing stock exchanges aim to enhance the flexibility and convenience of refinancing for listed companies, leading to a surge in refinancing proposals from these companies [1][2]. Group 1: Refinancing Policy Changes - The new refinancing regulations focus on supporting high-quality listed companies, optimizing review efficiency, adapting to the needs of innovative enterprises, simplifying application processes, and strengthening overall supervision [2]. - The exchanges have clarified that they will optimize refinancing reviews for companies with good governance and information disclosure, thereby improving refinancing efficiency [2]. - A new standard for "light asset, high R&D investment" recognition for main board listed companies is being researched to better accommodate technology innovation enterprises [2]. Group 2: Company Responses and Proposals - From February 10 to February 12, 18 listed companies disclosed refinancing proposals, including four companies planning to issue convertible bonds and 14 companies planning to conduct targeted placements [1]. - Zhongke Shuguang plans to raise up to 8 billion yuan through convertible bonds to invest in AI-related projects [3]. - Jiangsu New Energy plans to raise up to 1.24 billion yuan for a power generation project and working capital [4]. - Xinhang New Materials intends to raise up to 1 billion yuan for various production projects [4]. - Unisplendour plans to raise up to 5.57 billion yuan for acquisitions and R&D equipment [4]. Group 3: Market Sentiment and Future Outlook - The concentration of refinancing proposals indicates a positive market sentiment regarding the optimization of the financing environment, with companies eager to accelerate development through refinancing [4]. - Experts suggest that the new regulations will facilitate targeted funding for high-quality technology innovation enterprises, encouraging a focus on R&D and core business development [4][5].

Core Viewpoint - Jiangsu New Energy (603693.SH) plans to issue convertible bonds to raise up to RMB 124 million for specific projects and working capital [1] Group 1: Convertible Bond Issuance - The company intends to issue convertible bonds convertible into A-shares, with a total amount not exceeding RMB 124 million [1] - The issuance will consist of no more than 12.4 million bonds, with the final amount to be determined by the board of directors [1] - The bonds will be listed on the Shanghai Stock Exchange and have a face value of RMB 100 each, with a term of six years [3] Group 2: Use of Proceeds - The net proceeds after deducting issuance costs will be allocated to the Lianyungang Qingkou Salt Field Integrated Fishing and Power Generation Project and to supplement working capital [1][3] - The total investment for the Lianyungang project is RMB 111.61 million, with RMB 87 million expected to be funded from the bond issuance [3] - The working capital will receive RMB 37 million from the total raised amount [3] Group 3: Financial Background - Jiangsu New Energy was listed on the Shanghai Stock Exchange on July 3, 2018, raising RMB 106.2 million, with a net amount of RMB 99.14 million after costs [4] - The company previously issued shares to acquire a 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. for RMB 75 million [5]

Core Viewpoint - Jiangsu New Energy (603693.SH) plans to issue convertible bonds to raise up to 1.24 billion yuan for investment in a power generation project and to supplement working capital [1] Group 1: Fundraising and Project Investment - The company intends to raise a total of 1.24 billion yuan through the issuance of convertible bonds, with a net amount after expenses allocated for the "Lianyungang Qingkou Salt Field Integrated Fishing and Power Generation Project" and working capital [1] - The project will receive an investment of 870 million yuan, with a total project investment of 1.116 billion yuan, while 370 million yuan will be used to supplement working capital [1] Group 2: Financial Performance - From 2022 to the first nine months of 2025, the company reported revenues of 1.971 billion yuan, 1.946 billion yuan, 2.099 billion yuan, and 1.526 billion yuan, indicating stable revenue performance [1] - The net profit attributable to shareholders for the same period was 476 million yuan, 472 million yuan, 417 million yuan, and 390 million yuan, showing a consistent profit level [1] - As of September 30, 2025, the company had total assets of 17.87 billion yuan and a consolidated asset-liability ratio of 53.69% [1] Group 3: Acquisition and Performance Commitments - In 2021, the company acquired a 40% stake in Datang Guoxin Binhai Offshore Wind Power Co., Ltd. for 750 million yuan, with the acquisition funds fully utilized and the asset transfer completed [1] - The performance commitments for Datang Binhai from 2021 to 2023 were met, with net profits (excluding non-recurring gains and losses) of 399 million yuan, 288 million yuan, and 287 million yuan, all exceeding 100% completion rate [1] - For the first nine months of 2025, Datang Binhai reported revenues of 438 million yuan and a net profit of 173 million yuan [1]

Core Viewpoint - The refinancing market is undergoing targeted adjustments with the introduction of new policies aimed at supporting high-quality and innovative companies, simplifying processes, and preventing risks [1] Group 1: Refinancing Policy Adjustments - The new refinancing policy reduces the interval for companies that are unprofitable and meet specific criteria from 18 months to 6 months, allowing them to initiate new rounds of refinancing more quickly [2] - Companies in the high-tech sector express that the new policy will facilitate continuous funding for product development and commercialization, thus supporting their growth [2] Group 2: Support for Underperforming Companies - The new policy allows companies that have experienced stock price declines to engage in refinancing through methods such as private placements and convertible bonds, provided the funds are directed towards their main business [4] - As of February 10, there are 553 companies listed on the exchanges that are currently underperforming, indicating a significant potential for these companies to leverage the new refinancing options [4] Group 3: Expansion of Fund Utilization - The new policy encourages high-quality companies to allocate funds towards new industries, business models, and technologies that align with their main operations, thus promoting a second growth curve [6] - This shift from strict limitations on fund allocation to a more flexible approach is expected to enhance capital flow into high-tech industries and improve resource allocation efficiency [6]

Group 1: Company Announcements - Changfei Fiber currently does not engage in CPO-related business [1] - GCL-Poly Energy lacks production capacity for "space photovoltaic" products [1] - Zhongke High-tech plans to invest 145 million yuan in a new PCB drill pin project with an annual capacity of 30 million units [1] - Samsung Medical's wholly-owned subsidiary is expected to win a bid for a 321 million yuan project from Southern Power Grid [1] - Solar Energy's subsidiary intends to acquire 100% equity of Jinhua Windling [1] - SMIC expects a net profit of 1.223 billion yuan for Q4 2025, a year-on-year increase of 23.2% [2] - Kying Network has conducted its first buyback of 2.061 million shares [1] - Runbei Aerospace's controlling shareholder plans to reduce its stake by up to 3% [1] - Zhen'an Technology plans to raise no more than 740 million yuan through a private placement [1] - Jiangsu New Energy intends to issue convertible bonds to raise no more than 1.24 billion yuan [1] Group 2: Investment Projects - Kangda New Materials' subsidiary plans to invest in a project with an annual output of 30,000 tons of polyarylether [1] - China Shipbuilding Industry Corporation plans to build a comprehensive materials park [1] - Dong'a Ejiao intends to invest 1.485 billion yuan in a health consumer goods industrial park [1] - Hongda Co., Ltd. plans to invest approximately 71.43 million yuan in a 110kV power transmission and transformation project [1] Group 3: Share Buybacks and Reductions - Kying Network has executed its first buyback of 2.061 million shares [3] - Huasen Pharmaceutical's Liu Xiaoying plans to reduce her stake by up to 3% [3] - Wushang Group's Dazi Yintai plans to reduce its stake by up to 3% [3] - Runbei Aerospace's controlling shareholder plans to reduce its stake by up to 3% [3]