水发兴业能源2025年报

CONTENTS目錄 2671132586596108110112114116 CORPORATE INFORMATION公司資料 BOARD OF DIRECTORS Executive Directors Mr. Zhou Guangyan(Vice-chairman and assuming the duties of the Chairman)Mr. Guo Peidong(President)(appointed on 21 March 2025)Mr. Chen FushanMr. Wang Jian(Chairman)(resigned on 21 March 2025) Non-executive Directors Ms. Wang SuhuiMr. Hu Xiao Independent Non-executive Directors Mr. Jimmy Sun(appointed on 23 September 2025)Mr. Wang Jin(appointed on 23 September 2025)Dr. Tan HongweiMr. Xiao Chuangying(resigned on 23 September 2025)Mr. Yick Wing Fat, Simon(stepped down and retired on 23 September 2025) COMPANY SECRETARY Ms. Wong Wan Ching AUTHORIZED REPRESENTATIVES Mr. Zhou GuangyanMs. Wong Wan Ching CORPORATE INFORMATION公司資料 AUDIT COMMITTEE Mr. Jimmy Sun(Chairman)(appointed on 23 September 2025) Dr. Tan HongweiMr. Wang Jin (appointed on 23 September 2025)Mr. Xiao Chuangying (stepped down and retired on 23 September 2025) REMUNERATION COMMITTEE Dr. Tan Hongwei(Chairman)Mr. Zhou GuangyanMr. Guo PeidongMr. Jimmy Sun (appointed on 23 September 2025) Mr. Wang Jin (appointed on 23 September 2025)Mr. Xiao Chuangying (stepped down and retired on 23 September 2025) Mr. Yick Wing Fat, Simon (stepped down and retired on 23 September 2025) NOMINATION COMMITTEE Mr. Zhou Guangyan(Chairman)Mr. Guo Peidong (resigned as a member of the Nomination Committeeon 23 September 2025)Ms. Wang Suhui (appointed as a member of the Nomination Committeeon 23 September 2025)Mr. Jimmy Sun (appointed on 23 September 2025) Dr. Tan HongweiMr. Wang Jin (appointed on 23 September 2025)Mr. Xiao Chuangying (stepped down and retired on 23 September 2025) Mr. Yick Wing Fat, Simon (stepped down and retired on 23 September 2025) CORPORATE INFORMATION公司資料 LEGAL ADVISOR 891424201 Jeffrey Mak Law Firm4201, 42nd Floor, Tower 1Lippo Centre, 89 QueenswayHong Kong AUDITOR 2323203A–05 Rongcheng (Hong Kong) CPA LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor3203A-05 Tower 2,LIPPO Centre, Admiralty, Hong Kong PRINCIPAL BANKERS Agricultural Bank of China, Zhuhai Jinding BranchNanyang Commercial Bank, LimitedThe Hongkong and Shanghai Banking Corporation LimitedZhuhai Rural Commercial Bank Company LimitedBank of China Limited, Zhuhai Gaoxin BranchChina Construction Bank Corporation, Hengqin Guangdong-MacaoIn-Depth Cooperation Zone BranchGuangdong Huaxing Bank Co., Ltd., Zhuhai BranchIndustrial and Commercial Bank of China Limited, Zhuhai Gongbei Brand REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM11Bermuda Clarendon House2 Church StreetHamilton HM11Bermuda HEADQUARTERS IN THE PRC 9 9 Jinzhu Road, Gaoxin District, Zhuhai CityGuangdong Province, the PRC CORPORATE INFORMATION公司資料 PRINCIPAL PLACE OF BUSINESS IN HONG KONG 168–200313108 Unit 3108, 31/FChina Merchants TowerShun Tak Centre168-200 Connaught Road CentralHong Kong PRINCIPAL SHARE REGISTRAR Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM11Bermuda Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM11Bermuda HONG KONG SHARE REGISTRAR Tricor Investor Services Limited17/F, Far East Finance Centre,16 Harcourt RoadHong Kong 1617 www.sfsyenergy.com CORPORATE WEBSITE www.sfsyenergy.com STOCK CODE 750750 FIVE-YEAR FINANCIAL SUMMARY五年財務摘要 (For the year ended 31 December) CHAIRMAN’S STATEMENT主席報告 Dear Shareholders, On behalf of the board of directors, I am pleased to present the annual resultsof China Shuifa Singyes Energy Holdings Limited (the “Company”) and itssubsidiaries (collectively, the “Group”) for the year ended 31 December 2025(the “Year” or the “reporting period”). 39.2512.5%28.1455.14 As of 31 December 2025, Group recorded operating revenue ofapproximately RMB3.925 billion, representing a year-on-year decrease ofapproximately 12.5%. Profit attributable to owners of the Company amountedto approximately RMB28.14 million, compared to a loss attributable toowners of the Company of approximately RMB55.14 million in the sameperiod last year, marking a turnaround from loss to profit. Such results havedemonstrated the Group’s operational resilience and ability to adapt flexibly. PROACTIVELY OPTIMIZE STRATEGIES AND FOCUS ONOPERATIONAL QUALITY AI The year 2025 marked not only the final year of the 14th Five-Year Planbut also a pivotal milestone in the development of China’s energy sector.The new energy sector is shifting from rapid “scale expansion” to “steadydevelopment”, and the focus has shifted from merely pursuing installedcapacity to improving power generation efficiency, optimizing the powerstructure, ensuring system security and enhancing energy integration andutilization, with greater emphasis on coordinated development with the powergrid, electricity demand and energy storage. At the same time, new energypower generation has entered a phase of full-scale market competition,driving dual transformations in electricity pricing mechan