四川能投发展股份有限公司2025年度报告

25791025466372778082848689919395 5711.00H202522520252272024112920241230202511420252272008122462215% 2025 49.683.451.50 9192025(ESG)28202497 104916AAA 11.65%2.87.9 2025203.8983.16%19.0382.27%16.0481.02%15.9680.67%10.785.63%2201103510 2026ESG 2026330 3. 1. Sichuan Energy Investment Development Co., Ltd.* 4. 789 789 5. 24840 6.2025116 http://www.scntgf.com +86 (28) 86299666 +86 (28) 86299666 db@scntgf.com 7. 2. H 8. H H 9. * 16. 10. 11. 12. 20263102026310 13. H 1617 14. 18 15. 153232033209 158OCGB15 1. 2025103,6825.0%1,4949.9%66,3663.7%19,9428.2%15,8806.3%27824.4% —— 2. 2.1 (i)(ii) 20254,968.14.0%344.526.2%287.728.3%286.328.4% 2025(i)2025627[2025]285(ii)2025731[2025]3692370.1750.2535(iii)[2022]902025318 20256127,03032201,080,000281101,992,0005935637,200 2.2 202420251231 (1)2025123116.5 2.2.1 202512314,193.784.7% 2.2.2 20251231328.66.6% 2.2.3 20251231426.98.6% 2.3 1049AAA1624+AI2 11059714728321,075kW/2,257kWhV2G 100%2025(ESG)30829,250A 202511.65%324 3,0002,9982 • 87 • 9 01713— 3. (1)2025123116.5 202412314,755.44.1%202512314,949.2 202412313,985.15.2%202512314,193.72024202520242025123183.8%84.7% 20241231354.27.2%20251231328.6 20241231416.02.6%20251231426.9 202412313,970.58.2%202512314,295.3 202412313,287.210.1%202512313,619.220242025123182.8%84.3% 20241231334.07.9%20251231307.8 20241231349.45.4%20251231368.4 20241231784.816.7%20251231653.920242025123116.5%13.2% 20241231698.017.7%20251231574.62024123117.5%2025123113.7% 2024123120.23.1%2025123120.8 2024123166.612.2%2025123158.5 2024123116.82025123126.0 2024123115.32025123123.4 202412311.9202512311.2 202412315.42025123114.3 20242025123165.556.814.0%16.5%2024 20241231401.220251231287.7 202412314,721.1202512315,428.3 20241231210.720251231222.9 202420251231887.6770.6 20242025123167.669.4 20241231020251231150.0 2024202512311,131.4973.0 2024123186.82025123188.1 20251231432.120241231553.9253.3 20251231897.520241231692.6 20251231 2025123132.9%2024123118.8% 4. 2026629202512310.12128,922,924.002026720 5. 201812281.77268,800,0001.00H380.520251231376.14.4 2025123140%202521920252192025425 (1)4.420301231 (2) 6. 7. 20251231202512315% 8. 2025123120241231 9. H 10. 2025123120241231 11. 20262026202620261289.10(i)434.69282.84156.03136.8315.02(ii)233.67(iii)193.96(iv)253.93(v)63.54(vi)52.12(vii)57.2 202611.0030%20% 12. 202512312,669202412312,68620251231546.4 13. 1231 14. (1) (2) 110220———2026 (3) ——ESG (4) 20252025 (i)(ii) • •10%• 10%50% 2026629202512310.12128,922,924.002026720 H H10% HHH 10%H10% 10%H10%H 10%20%H 20%20% HH H 202661020266162026616202669430H1617H789 20266242026629202662920266292026623430H1617H789 20251231 20251231 123128 20251231293031 202512311,327.0 123110 20251231 202561820256182025618202561820256182025618202511620251017 2 20251231 20251231 20251231 2025116 2025 2 20251231135553 6242025116 23 20251231 20251231XVXV7878352 20251231XV23336 20251231286,960,942H787,396,7581,074,357,700 2.20251231286,960,942107,437,458H77.75%50.054%45.333%4.613%XV286,960,942107,437,458H286,960,942107,437,458H24,937,600H286,960,942132,375,058H 3.2025123198,039,200H90%XV98,039,200H 4.20251231Jinneng Holding (Hong Kong) Limited62,570,000HJinneng Holding (Hong Kong) Limited70%30%XVJinneng Holding (Hong Kong) Limited62,570,000H62,570,000H 20251231XV23336 2025 1.2025101720251017 2.202510172025101720251163.20251164.202585.2026392025 13.51(2)(a)(e)(g)13.51B(1) 2025123114A (1)49.0% 202522749.0%12,020,572.6349.0%30%14A2025227 (2) 202532611,873,557(i)76,741.00(ii)11,304,631.00(iii)492,185.0020%14A.0714A2025326 (3) 20254163,381,544.52(i)(ii)(iii)(iv)(v)84.2%14A.0714A2025416 (4)EPC 2025124(ii)(i)EPC7,820,750(i)455,455(ii)7,365,29592.0%14A.0714AEPC2025124 (5) 20251245,147,575.9414772,136.3915%65%10%7%3%154,427.281414A2025124 (6) 20259164,436,243.0214A.072025916 (1) 2024516(i)(ii)20261231 202412312025123120261231128,830,000137,660,000133,250,000 20251231120,929,700 66.67%69.39%30.61%20245162024920 (2)2025–2026 202412242025–20262025–202620251120261231 20251231202612312025–202620,500,00020,500,000 1231202512,520,188 2025-202620241224 (3)2025 20231228202420242024123120241224202520251120251231 2025202511202512315,900,000202512 2025 2025202511202512315,859,815 14A202520241224 (4)2026 202512420252025202512312025124202620261120261231 2026202611202612315,900,000202612 2026 14A20262025124 (5)20242024 2025318(i) 2024202415.013.32024(ii)2024202434.930.92024[2022]90202420242025318202548 20241231 2024123130,892,159 (6)2025–2027 20253182025–202720259252025–202720251120271231 =xx 2025–202767.070.072.0 2025–2027(i)20271231240,565,300254,990,200268,524,8002024(ii)(iii)202420271231(iv) 2025123146,283,5422025–202720253182025925 (7)2025–2027 20211228202220241231202412242025112027123158.0% 202520262027123112,500,0000.32(i)(ii)(iii)(a)20240.3683(b)20240.373920241224 202512315,094,705.74 20251231 (i)(ii)(ii