北京市京都律师事务所 关于大唐国际发电股份有限公司 2023 年第三次临时股东大会 N 法律意见书 京都津师事务所 King & Capital Law Firm 电话:010-58173701 传真:010-8525 1268 地址：北京市朝阳区景华南街 5 号远洋光华国际 C 座 22-23 层 1 关于大唐国际发电股份有限公司 2023年第三次临时股东大会之法律意见书 北京市京都律师事务所 关于大唐国际发电股份有限公司 2023 年第三次临时股东大会之 法律意见书 京都 20231412 号-内核文 02 北京市京都律师事务所(简称"本所")接受大唐国际发电股份有限公司(简 称"公司")委托,指派樊利涛律师、于亚敏律师(简称"本所律师")出席公 司 2023 年第三次临时股东大会(简称"本次股东大会"),并对本次股东大会 的合法性进行见证及出具本法律意见。 本法律意见书系根据现行《中华人民共和国公司法》(简称"《公司法》")、 《中华人民共和国证券法》(简称"《证券法》")《上市公司股东大会规则》 (简称"《股东大会规则》")等有关法律、法规和规范性文件以及《大唐国际 发电股份有限公司公司章程》(简称" ...

证券代码：601991 证券简称：大唐发电 公告编号：2023-050 大唐国际发电股份有限公司 2023 年第三次临时股东大会决议公告 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。 重要内容提示： 1、 公司在任董事 15 人，出席 12 人，董事李景峰先生、曹欣先生、司风琪先生 由于公务原因不能出席会议； 2、 公司在任监事 4 人，出席 3 人，监事张晓旭先生由于公务原因不能出席会议； 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 30 | | --- | --- | | 其中：A 股股东人数 | 28 | | 境外上市外资股股东人数（H 股） | 2 | | 2、出席会议的股东所持有表决权的股份总数（股） | 13,146,476,034 | | 其中：A 股股东持有股份总数 | 9,691,015,093 | | 境外上市外资股股东持有股份总数（H 股） | 3,455,460,941 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 71.03 | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本 公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 大唐國際發電股份有限公司 （於中華人民共和國註冊成立的中外合資股份有限公司） （股份代號：00991） 海外監管及內幕消息公告 2023 第 一 季 度 報 告 根 據 中 國 證 券 監 督 管 理 委 員 會 的 規 定，大 唐 國 際 發 電 股 份 有 限 公 司（「本 公 司」或「 公 司」）需 於 第 一 季 度 和 第 三 季 度 刊 發 季 度 報 告。本 季 度 報 告 內 所載的財務數據均未經審計，並根據中國企業會計準則而編製。本公告乃 為本公司根據證券及期貨條例（香港法例第571 章）第XIVA部下之內幕消息 條 文（ 根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上 市 規 則」）下 所 定 義）及上市規則第13.09(2)(a)及 13.10B條的規定所發出。 重要內容提示： 公司董事會 、監事會及董事 、監事 、高級管理人員保證季度報告內容的 ...

Financial Performance - The operating revenue for 2022 was RMB 116.828 billion, representing an increase from RMB 103.610 billion in 2021[15]. - The pre-tax profit for 2022 was RMB 77 million, a significant recovery from a loss of RMB 11.077 billion in 2021[15]. - In 2022, the company achieved a net profit attributable to ordinary shareholders of RMB 1,707 million, a significant decrease from a profit of RMB 1,830 million in 2020 and a loss of RMB 10,540 million in 2021[18]. - The total loss before tax from continuing operations was approximately RMB 77 million, a year-on-year increase of about 100.70%, while the net loss attributable to equity holders was approximately RMB 330 million, significantly reduced from RMB 9.10 billion in 2021[35]. - The company reported a total revenue of 23 billion RMB for the fiscal year 2022, reflecting a year-on-year growth of 10%[53]. - The company reported a total revenue of 29 billion RMB for the fiscal year 2022, reflecting a year-on-year increase of 10%[70]. - The company’s operating revenue for the year was approximately RMB 116.83 billion, an increase of about 12.76% compared to the previous year[153]. - The pre-tax profit was approximately RMB 0.77 billion, representing an increase of about 100.70% year-on-year[153]. - The net loss attributable to shareholders was approximately RMB 3.30 billion, a significant reduction from a net loss of RMB 9.10 billion in the previous year[153]. Asset and Liability Overview - As of December 31, 2022, the total assets of Datang International Power Generation Co., Ltd. amounted to approximately RMB 305.105 billion, with total liabilities of RMB 228.773 billion[16]. - The total assets of the company increased to RMB 305,105 million in 2022, up from RMB 296,650 million in 2021, representing a growth of approximately 2.4%[19]. - Total liabilities reached approximately RMB 228.77 billion, an increase of about RMB 8.67 billion, primarily due to an increase in loan principal[37]. - The company had a debt ratio of approximately 74.98% and a net debt-to-equity ratio of approximately 219.66% as of December 31, 2022[38]. Installed Capacity and Energy Production - The installed capacity reached 71,024.37 MW, with a net increase of 2,699.4 MW in 2022, including 1,477.8 MW from thermal power, 338 MW from wind power, and 883.6 MW from solar power[8]. - The total installed capacity increased to 71,024 MW in 2022, up from 68,770 MW in 2021, reflecting a growth of approximately 3.6%[20]. - The total power generation for 2022 was 261.90 billion kWh, a decrease from 272.93 billion kWh in 2021, indicating a decline of about 4.1%[21]. - The installed capacity structure includes 47,514 MW from coal-fired power, 6,100.18 MW from gas-fired power, 9,204.73 MW from hydro power, 5,416.95 MW from wind power, and 2,788.51 MW from solar power[9]. - The company approved a capacity of 10.47 million kW and had 7.39 million kW under construction, with renewable energy projects accounting for 6.98 million kW of the approved capacity[24]. Clean Energy Initiatives - The proportion of low-carbon clean energy increased to 33.10%, up by 2.83 percentage points compared to the end of the previous year[8]. - The company reported a clean energy installed capacity ratio of 33.10% by the end of 2022, an increase of 2.83 percentage points compared to the previous year[24]. - Datang International aims to achieve a green and low-carbon transformation, focusing on multi-energy complementarity and efficient collaboration[8]. - The company is committed to expanding its clean energy portfolio and enhancing its operational efficiency in line with national carbon reduction goals[8]. - The company is actively pursuing green and low-carbon transformation, focusing on wind, solar, and hydropower development, and aims to enhance investment capabilities through its financing platform[84]. Market and Competitive Position - The company operates across 19 provinces in China, with a concentration of thermal power installations in the Beijing-Tianjin-Hebei and southeastern coastal regions[27]. - The company aims to enhance its market competitiveness by optimizing cost control and improving the debt structure to maximize overall efficiency[44]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by 2025[57]. - A strategic acquisition of a local competitor is expected to be finalized by Q2 2023, which will enhance the company's operational capabilities[58]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the energy sector[76]. Governance and Management - The company has strengthened its governance and compliance, enhancing information disclosure quality and risk management capabilities[44]. - The company has a strong emphasis on research and development, with several executives holding advanced degrees and significant experience in the energy sector[78][79]. - The company is committed to maintaining high standards of governance and oversight with the appointment of qualified individuals to its board and supervisory roles[76]. - The board of directors includes experienced professionals with extensive backgrounds in the energy sector, ensuring strong leadership[62]. - The company has established a governance framework to continuously improve corporate governance requirements in a changing business environment[135]. Employee and Training Initiatives - The company has a total workforce of 31,227 employees, with 82.7% being male and 17.3% female[45]. - The company has implemented a comprehensive training plan, focusing on developing management and technical talent, with a notable individual selected for the national "Great Craftsman" support program[48]. - The employee training system has been improved with a focus on online training, enhancing training effectiveness[49]. - The company’s independent directors participated in various training types, including regulatory and legal training, forums, and site visits[112]. Financial Management and Investments - The company has invested 500 million RMB in R&D for new technologies aimed at improving energy efficiency[59]. - The company plans to enhance its digital infrastructure, allocating 300 million RMB for technology upgrades in 2023[61]. - The company has undergone a management reshuffle, with several key executives stepping down, including independent non-executive director Mr. Kou Baoquan and supervisor Mr. Wang Tongliang, effective June 29, 2022[76]. - The company is reviewing its financing plans for 2023, including budget proposals for entrusted loans and guarantees[100]. - The company has established a dedicated investor relations management system, engaging with 334 investors and analysts through various communication channels in 2022[83]. Related Party Transactions and Compliance - The company has established a framework agreement with Datang Group for comprehensive products and services, effective from January 1, 2022, to December 31, 2024[189]. - The total transaction amount for related party transactions in 2022 did not exceed the agreed limits, with significant transactions including coal supply amounting to RMB 485 million and procurement services totaling RMB 170 million[188]. - The company confirmed compliance with the standard code of conduct for securities trading by all directors during the year[181]. - The company had no significant transactions or arrangements with directors or supervisors that could create conflicts of interest during the year[183]. Future Outlook - The company plans to focus on high-quality development in 2023, balancing safety, efficiency, and innovation to achieve expected goals[25]. - The company expects a revenue growth of 12% for the next fiscal year, projecting a total revenue of approximately 25.76 billion RMB[55]. - New product launches are anticipated to contribute an additional 2 billion RMB in revenue in the upcoming year[56]. - The company plans to reduce operational costs by 5% through improved efficiency measures in the upcoming year[78].

证券代码：601991 证券简称：大唐发电 公告编号：2023-026 大唐国际发电股份有限公司 关于召开 2023 年第一季度业绩说明会的公告 特别提示 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个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 4 月 27 日(星期四)至 5 月 8 日(星期一)16:00 前登录上证 路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 dtpower@dtpower.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 大唐国际发电股份有限公司（以下简称"公司"）将于 2023 年 4 月 28 日发 布公司 2023 年一季度报告，为便于广大投资者更全面深入地了解公司 2023 年一 季度经营成果、财务状况，公司计划于 2023 年 5 月 9 日上午 9:00-10:00 举行 2023 年第一季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次业绩说 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本 公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔 任何責任。 大唐國際發電股份有限公司 （於中華人民共和國註冊成立的中外合資股份有限公司） （股份代號：00991） 2022 年 度 業 績 公 告 經營及財務摘要： 截至12 月31日止年度 2022年 2021年 變動 人民幣億元 人民幣億元 % （經重列） （除另有 （除另有 說明外） 說明外） 經營收入 1,168.28 1,036.10 12.76 稅前利潤╱（虧損） 0.77 (110.77) 100.70 歸屬於本公司權益 ...

证券代码：601991 证券简称：大唐发电 公告编号： 2023-016 2023 年 3 月 30 日(星期四)上午 10 点至 11 点 三、 公司参加人员 董事长、总经理：梁永磐先生 大唐国际发电股份有限公司 关于召开 2022 年度业绩说明会的公告 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个别及连带责任。 重要内容提示： 大唐国际发电股份有限公司（以下简称"公司"）将于 2023 年 3 月 28 日发 布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况，公司计划于 2023 年 3 月 30 日(星期四)上午 10 点至 11 点举 行 2022 年度业绩说明会电话会议，就投资者关心的问题进行交流。 一、 说明会内容 本次投资者说明会以电话会议形式召开，公司将针对 2022 年度经营成果及 财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就 投资者普遍关注的问题进行回答。 二、 说明会召开的时间 董事会秘书、总会计师：孙延文先生 副总经理：路平先生 ...

Financial Performance - The company's operating revenue for the third quarter reached RMB 31,651.5 million, an increase of 27.84% compared to RMB 24,758.2 million in the same period last year[4]. - The net profit attributable to shareholders of the listed company was a loss of RMB 635.6 million, improving by 60.78% from a loss of RMB 1,620.4 million year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 842.0 million, a decrease of 49.61% compared to a loss of RMB 1,671.0 million in the previous year[4]. - The basic earnings per share were RMB -0.0509, an improvement of 52.37% from RMB -0.1070 in the same period last year[4]. - The total operating profit for the first three quarters of 2022 was RMB 1,283,006 thousand, compared to RMB 632,225 thousand in the same period of 2021, representing a 103% increase[25]. - Net profit for the first three quarters of 2022 reached RMB 574,272 thousand, a significant increase from RMB 32,316 thousand in 2021, marking a growth of 1,679%[25]. - The total comprehensive income attributable to the parent company for the first three quarters of 2022 was RMB 753,353 thousand, compared to RMB 33,551 thousand in 2021, indicating a substantial increase[26]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 294,854.0 million, a decrease of 0.56% from RMB 296,517.7 million at the end of the previous year[5]. - The equity attributable to shareholders of the listed company decreased by 4.88% to RMB 59,358.0 million from RMB 62,406.0 million at the end of the previous year[5]. - Total liabilities increased to CNY 222,073,839 as of September 30, 2022, compared to CNY 220,079,044 at the end of 2021, marking an increase of about 0.9%[21]. - The company’s total equity decreased to CNY 72,780,152 as of September 30, 2022, from CNY 76,438,609 at the end of 2021, indicating a decline of approximately 4.3%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 18,905.4 million, an increase of 16.74% compared to RMB 16,195.1 million in the previous year[4]. - Cash flow from investing activities decreased by 46.40% mainly due to increased capital expenditures for fixed asset construction[11]. - Cash flow from financing activities decreased by 40.37% primarily due to an increase in debt repayment amounts during the period[11]. - The company reported a net cash outflow from investing activities of RMB 10,829,744 thousand in the first three quarters of 2022, compared to RMB 7,397,367 thousand in 2021, indicating an increase in investment expenditures[70]. - The cash inflow from financing activities for the first three quarters of 2022 was RMB 124,897,695 thousand, significantly higher than RMB 82,039,259 thousand in 2021, reflecting a growth of approximately 52.4%[70]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 165,428[11]. - The largest shareholder, China Datang Corporation, holds 6,540,706,520 shares, accounting for 35.34% of total shares[12]. - The second largest shareholder, HKSCC NOMINEES LIMITED, holds 6,084,988,247 shares, representing 32.88% of total shares[12]. Non-Recurring Gains and Adjustments - The company reported non-recurring gains of RMB 206.4 million for the year-to-date, with significant contributions from asset disposals and government subsidies[7]. - The company has made adjustments to its financial statements in accordance with new accounting standards, impacting the reported figures for revenue recognition[6]. - The company reported a significant reduction in credit impairment losses by 99.89% compared to the previous period[10]. Strategic Acquisitions and Investments - The company completed the acquisition of 100% equity in two solar energy subsidiaries under the same controlling group, enhancing its market position[41]. - The company aims to expand its market presence through strategic acquisitions and investments in renewable energy sectors[41].

Financial Performance - The company's operating revenue was approximately RMB 55.598 billion, an increase of about 9.99% compared to the first half of 2021[7]. - The total profit before tax was approximately RMB 2.024 billion, a decrease of about 37.43% compared to the first half of 2021[8]. - The net profit attributable to equity holders of the company was approximately RMB 1.440 billion, a decrease of about 19.22% compared to the first half of 2021[8]. - Basic earnings per share attributable to shareholders was approximately RMB 0.0382, a decrease of RMB 0.0197 per share compared to the first half of 2021[7]. - Operating profit decreased to RMB 4,119,011 thousand, down 19.7% from RMB 5,133,045 thousand year-over-year[37]. - Net profit for the period was RMB 1,368,530 thousand, a decline of 44% compared to RMB 2,440,478 thousand in the previous year[38]. - Total comprehensive income for the period was RMB 1,575,485 thousand, compared to RMB 2,415,910 thousand in the prior year, reflecting a decrease of 34.8%[38]. - The company reported a total profit of RMB 2,023,648 thousand under International Financial Reporting Standards for the six months ended June 30, 2022, down from RMB 3,234,277 thousand in the previous year[64]. - The company's profit for the six months ended June 30, 2022, was RMB 707,821,000, a decrease of 34% compared to RMB 1,070,629,000 for the same period in 2021[75]. Revenue and Sales - Operating revenue for the six months ended June 30, 2022, was RMB 55,597,855 thousand, an increase of 10.1% from RMB 50,549,185 thousand in the same period of 2021[37]. - The revenue from electricity and heat sales was RMB 52,072,169,000, compared to RMB 47,837,081,000 in the previous year, reflecting a growth of 4.9%[57]. - The total revenue for the first half of 2022 was RMB 18,506,711 thousand, compared to RMB 14,338,410 thousand in the same period last year[149]. - The total revenue from coal sales and transportation by Datang (Beijing) Coal Sales Co., Ltd. was RMB 229,231,000 for the six months ended June 30, 2022, compared to RMB 37,980,000 in the same period of 2021, representing a significant increase of 503.5%[98]. - The company reported a total inter-segment revenue of RMB 4,736,213 thousand for the six months ended June 30, 2022, compared to RMB 3,388,207 thousand in the same period of 2021, indicating an increase of approximately 39.9%[169]. Operating Costs and Expenses - The total operating costs amounted to approximately RMB 51.479 billion, an increase of about RMB 6.063 billion or 13.35% compared to the same period last year[12]. - The company reported a decrease in total operating costs to RMB 51,478,844 thousand from RMB 45,416,140 thousand year-over-year, reflecting a rise in fuel costs[145]. - The total cost of property, plant, and equipment purchased in the six months ended June 30, 2022, was RMB 4,116,150,000, an increase from RMB 3,436,471,000 in the same period of 2021[76]. - The company's environmental protection costs were RMB 1,316,813,000 for the six months ended June 30, 2022, compared to RMB 1,418,477,000 in the previous year[73]. Assets and Liabilities - As of June 30, 2022, the company's total assets were approximately RMB 293.315 billion, a decrease of about RMB 3.334 billion compared to the end of 2021[12]. - The company's debt-to-asset ratio was 72.56% as of June 30, 2022[12]. - The total liabilities as of June 30, 2022, were RMB 212,807,304 thousand, down from RMB 220,079,044 thousand at the end of 2021, representing a decrease of approximately 3.3%[171]. - The company's total liabilities decreased to RMB 26,768,512,000 as of June 30, 2022, from RMB 30,878,506,000 at the end of 2021, a reduction of approximately 13%[190]. - The company's net current liabilities were approximately RMB 50,969,193 thousand, with available bank financing exceeding RMB 150 billion, ensuring sufficient liquidity for operational needs[154]. Financing and Capital Structure - The company has raised approximately HKD 62.22 billion from the issuance of 2,794,943,820 H shares, with funds primarily allocated for general corporate purposes[21]. - The company issued a total of RMB 9.55 billion in ultra-short-term financing bonds during the reporting period[26]. - The company issued RMB 13.29 billion in medium-term notes, including RMB 290 million in the first batch of transformation bonds[26]. - The company redeemed a perpetual bond, paying a total of RMB 4.1884 billion in principal and interest[26]. - The company continues to pledge its H-shares to Wing Lung Bank, with the pledge period extended until March 17, 2025[6]. - The company issued perpetual bonds totaling RMB 7,000,000,000 with a coupon rate ranging from 2.97% to 3.18%, netting RMB 6,997,776,000 after issuance costs[85]. Governance and Compliance - The board of directors recommended not to declare an interim dividend for 2022[15]. - The company confirmed that its public float of H-shares and A-shares complies with listing rules as of June 30, 2022[33]. - The audit committee reviewed the interim results and confirmed compliance with applicable accounting standards[35]. - The company has maintained compliance with the Corporate Governance Code during the reporting period, with no significant deviations noted[30]. - The company has not engaged in the purchase, sale, or redemption of its listed securities during the reporting period[29]. Employee and Management - As of June 30, 2022, the total number of employees in the group was 32,641, with a focus on performance-oriented salary management[13]. - The board of directors has undergone changes, with new appointments including Jin Rifeng as deputy general manager and Sun Yanwen as chief accountant[26][28]. Strategic Initiatives - The company aims to maximize efficiency by implementing lean management principles across all operational processes, including safety production and investment development[14]. - The company is focused on enhancing profitability by optimizing asset structure and controlling costs while exploring new financing categories[14]. - The company plans to continue expanding its new energy resources and improve project implementation capabilities[14]. - The company continues to focus on resource allocation and performance evaluation based on pre-tax profits under Chinese accounting standards[62]. - The company plans to continue expanding its power generation capacity and coal trading operations to enhance revenue streams in the upcoming periods[153].

Financial Performance - The company's operating revenue for the first quarter reached RMB 29,799,681, an increase of 18.12% compared to RMB 25,094,878 in the same period last year[4]. - The net profit attributable to shareholders of the listed company was -RMB 409,163, representing a decrease of 144.32% from RMB 808,543 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -RMB 489,203, down 155.47% from RMB 767,168 in the same period last year[4]. - Basic earnings per share were -RMB 0.0415, a decrease of 236.63% from RMB 0.0242 in the previous year[4]. - The comprehensive income total for Q1 2022 was a loss of RMB 312,446 thousand, contrasting with a total of RMB 1,117,806 thousand in Q1 2021[32]. - The company experienced a significant increase in operating costs due to rising coal prices, impacting net profit and earnings per share[51]. Cash Flow - The net cash flow from operating activities was RMB 5,519,401, an increase of 7.78% compared to RMB 5,121,003 in the previous year[4]. - Operating cash inflow for Q1 2022 was $33,397,234, an increase of 26.5% compared to $26,472,180 in Q1 2021[35]. - Total cash outflow for operating activities in Q1 2022 was $27,877,833, compared to $21,351,177 in Q1 2021, indicating a 30.5% increase[36]. - Cash inflow from financing activities in Q1 2022 totaled $27,198,333, significantly higher than $13,421,518 in Q1 2021, driven by increased borrowings[38]. - The company reported a net cash flow from financing activities of -$3,635,388 in Q1 2022, compared to -$2,757,268 in Q1 2021, indicating increased financial strain[38]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 291,668,995, a decrease of 1.51% from RMB 295,967,700 at the end of the previous year[4]. - The total liabilities as of March 31, 2022, were RMB 215,609,534 thousand, a decrease from RMB 219,800,661 thousand as of December 31, 2021[22]. - Current liabilities total 94,882,477,000 RMB, slightly down from 96,022,088,000 RMB at the end of 2021[21]. - Cash and cash equivalents stand at 10,579,749,000 RMB, down from 11,258,406,000 RMB[19]. - The company reported a retained earnings deficit of -11,812,179 as of January 1, 2022, showing an improvement from -11,979,188 the previous year[44]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 209,921[9]. - The largest shareholder, China Datang Corporation, holds 6,540,706,520 shares, representing 35.34% of the total shares[10]. - HKSCC NOMINEES LIMITED holds 6,083,954,247 shares, accounting for 32.87% of the total shares, with a pledge of 3,275,623,820 shares[10]. - The top ten shareholders held a total of 82.42% of the shares, with China Datang Corporation holding 35.34%[55]. Research and Development - The company's research and development expenses increased by 36.83%, reflecting a commitment to enhance R&D investment[8]. - Research and development expenses for Q1 2022 amounted to RMB 1,122 thousand, an increase from RMB 820 thousand in Q1 2021[27]. Investment Income - The investment income decreased by 190.32% due to a decline in the performance of joint ventures[8]. - The company experienced a decline in investment income from joint ventures, reporting a loss of RMB 243,240 thousand in Q1 2022, compared to a gain of RMB 260,245 thousand in Q1 2021[28].