Summary of the Semi-Annual Report 2025 of Shenzhen Nanshan Power Co. Ltd.Stock code: 000037 200037

Stock abbreviation: Shenzhen Nanshan Power A Shenzhen Nanshan Power B

Announcement No.: 2025-035

Summary of the Semi-Annual Report 2025 of

Shenzhen Nanshan Power Co. Ltd.

1Summary of the Semi-Annual Report 2025 of Shenzhen Nanshan Power Co. Ltd.

I. Important Notes

This semi-annual report summary is extracted from the full text of the semi-annual report. In order to

fully understand the Company's operating results financial condition and future development plans

investors should carefully read the complete semi-annual report through media designated by the China

Securities Regulatory Commission.All directors attended the meeting of Board of Directors at which the report was reviewed.Prompt of non-standard audit opinion

□Applicable □Not applicable

Proposed profit distribution plan for the reporting period or the plan for converting capital reserves into

share capital reviewed by the Board of Directors

□Applicable □Not applicable

The Company has planned not to distribute cash dividends give away bonus shares or increase share

capital by capital reserves.Proposed profit distribution plan for preferred shares approved by the Board of Directors for the

reporting period

□Applicable □Not applicable

II. Basic Information of the Company

1. Company profile

Shenzhen Nanshan

Stock name Power A Shenzhen Ticker 000037、200037

Nanshan Power B

Stock exchange Shenzhen Stock Exchange

Contact person and contact details Secretary of the Board of Directors securities representative

Name Zou Yi

16/F-17/F Hantang Building OCT

Office address Nanshan District Shenzhen

Guangdong Province

Tel. 0755-26003611

E-mail investor@nspower.com.cn

2. Key accounting data and financial indicators

Whether the Company need to retroactively adjust or restate the previous accounting data

□Yes □No

The reporting period Same period last year Changes YoY

Operating revenue (RMB) 166389954.25 187904264.71 -11.45%

Net profit attributable to shareholders of listed

companies (RMB) -21739509.64 -37851109.90 42.57%

Net profit attributable to shareholders of listed

companies after deducting non-recurring profit -28327017.35 -44760057.08 36.71%

or loss (RMB)

Net cash flows from operating activities (RMB) -62253765.51 -52996491.43 -17.47%

Basic earnings per share (RMB/share) -0.0361 -0.0628 42.52%

Diluted earnings per share (RMB/share) -0.0361 -0.0628 42.52%

Weighted average rate of return on net assets -1.47% -2.63% Increased by 1.16percentage points

At the end of the At the end of the Change compared to

reporting period previous year the end of theprevious year.Total assets (RMB) 1982671774.99 2012736635.59 -1.49%

2Summary of the Semi-Annual Report 2025 of Shenzhen Nanshan Power Co. Ltd.

Net assets attributable to shareholders of

listed companies (RMB) 1467668154.94 1485380575.08 -1.19%

3. Number of shareholders and shareholding ratios

Unit: share

Total number of ordinary Total number of preferred shareholders

shareholders at the end of 43890 whose voting rights have been restored at 0

the reporting period the end of the reporting period (if any)

Shareholdings of the top 10 shareholders (excluding shares lent through refinancing)

Number of Pledge marking or

Name Nature of Shareholding Number of

shares freezing

shareholder ratio shares held held withselling Share

restrictions status

Quantity

HONG KONG NAM HOI Overseas legal Not

(INTERNATIONAL) LTD person 15.28% 92123248 0 applicable 0

Shenzhen Guangju State-owned Not

Industrial Co. Ltd. legal person 12.22% 73666824 0 applicable 0

Shenzhen Energy State-owned Not

Corporation legal person 10.80% 65106130 0 applicable 0

Zeng Ying Domesticnatural person 1.19% 7159600 0

Not

applicable 0

GUOTAI JUNANSECURITIES （ HONG Overseas legalperson 1.05% 6326859 0Not

KONG LIMITED applicable

0

）

China Merchants

Securities (Hong Kong) Overseas legal Not

Co. Ltd. person

0.90% 5399654 0 applicable 0

BOCI SECURITIES Overseas legal Not

LIMITED person 0.72% 4310566 0 applicable 0

LISHERYNZHANMING Overseas 0.69% 4149400 0 Notnatural person applicable 0

Haitong International

Securities Company Overseas legal 0.65% 3908357 0 Not 0

Limited-Account Client person applicable

Huang Yilong Domestic Notnatural person 0.64% 3866500 0 applicable 0

Explanation of the above- 1. Shenzhen Energy Corporation holds 100% equity in HONG KONG NAM HOI

mentioned shareholders' (INTERNATIONAL) LTD

relationship or concerted 2. The Company is unaware of whether the above-mentioned other public shareholders

actions have any relationship or are persons acting in concert.Description of shareholders

involved in margin trading

and securities lending None

business (if any)

Participation of shareholders holding more than 5% of the shares the top 10 shareholders and the top

10 shareholders of unrestricted tradable shares in refinancing business and lending shares

□Applicable □Not applicable

Changes of the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares

compared with the previous period due to refinancing lending/repayment

□Applicable □Not applicable

4. Changes in the controlling shareholder or actual controller

Changes in controlling shareholders during the reporting period

□Applicable □Not applicable

3Summary of the Semi-Annual Report 2025 of Shenzhen Nanshan Power Co. Ltd.

The Company's controlling shareholder did not change during the reporting period.Changes in actual controller during the reporting period

□Applicable □Not applicable

The Company's actual controller did not change during the reporting period.

5. Total number of preferred shareholders of the Company and shares held by top

10 preferred shareholders

□Applicable □Not applicable

The Company had no preferred shareholders during the reporting period.

6. Bonds as of the approval date of the semi-annual report

□Applicable □Not applicable

III. Important Matters

During the reporting period there was no significant change in the Company's operation. For other

important matters please refer to the full text of the Company's semi-annual report.

4