Financial Performance - For the year ending December 31, 2023, the total revenue was RMB 44,261,767, an increase of 1.31% compared to RMB 43,689,129 in 2022[2]. - Annual profit reached RMB 4,533,955, representing a significant increase of 68.84% from RMB 2,685,338 in the previous year[2]. - The profit attributable to equity holders of the company was RMB 3,084,469, up by 16.48% from RMB 2,648,051 in 2022[2]. - The operating profit for the year was RMB 8,715,187, compared to RMB 7,604,262 in 2022[4]. - The total comprehensive income for the year was RMB 4,121,211, significantly higher than RMB 1,916,634 in the previous year[6]. - The company reported a net income of RMB 2,319,566,000 for the year 2023, compared to RMB 747,050,000 in 2022, reflecting a significant growth[31]. - The operating profit for 2023 was RMB 2,660,322,000, an increase from RMB 2,480,840,000 in 2022, reflecting a growth of approximately 7.3%[39]. - The company’s net profit was RMB 4,533,955,000, an increase of RMB 1,848,617,000 or 68.84% compared to the previous year[97]. Revenue Breakdown - Revenue from electricity sales to regional and provincial power companies was 41,637,383 thousand RMB, compared to 42,582,596 thousand RMB last year, indicating a decline of about 2.2%[19]. - Energy storage revenue amounted to 2,548,183 thousand RMB, significantly up from 896,260 thousand RMB, reflecting an increase of approximately 184.5%[19]. - The company’s total operating income from various energy sources includes 23,923,362 thousand RMB from thermal power, 3,052,804 thousand RMB from hydropower, and 8,715,553 thousand RMB from wind power[24]. - The company’s income from energy storage increased by RMB 1,651,923,000, driven by rapid market growth[98]. Assets and Liabilities - Total assets increased to RMB 305.81 billion in 2023, up from RMB 211.40 billion in 2022, representing a growth of 44.5%[7]. - Total liabilities amounted to RMB 210.79 billion in 2023, compared to RMB 142.81 billion in 2022, indicating a rise of 47.5%[9]. - The company’s equity attributable to ordinary shareholders was RMB 38.47 billion in 2023, slightly up from RMB 38.33 billion in 2022, showing a growth of 0.4%[7]. - The company reported a total of RMB 292,416,995 thousand in equity, reflecting strong performance across various segments[26]. - The company has a total debt of RMB 197,162,393 thousand, highlighting a substantial leverage position[26]. Cash Flow and Investments - Cash and cash equivalents rose to RMB 5.74 billion in 2023, compared to RMB 4.23 billion in 2022, marking an increase of 35.7%[10]. - Net cash generated from operating activities was RMB 9.90 billion in 2023, up from RMB 5.73 billion in 2022, reflecting a growth of 72.5%[10]. - The company reported a net cash outflow from investing activities of RMB 26.84 billion in 2023, compared to RMB 20.08 billion in 2022, indicating an increase in investment expenditures[10]. - The company issued perpetual bonds worth RMB 5,008,740 thousand in 2023, slightly down from RMB 5,608,720 thousand in 2022[11]. Dividends and Shareholder Returns - The company proposed a final dividend of RMB 0.132 per share, a 20.00% increase from RMB 0.11 in the previous year[2]. - The company paid dividends amounting to RMB 1,384,828 thousand in 2023, compared to RMB 556,576 thousand in 2022, which is an increase of 148.5%[11]. Operational Highlights - The total electricity generation for the year was 107,582,860 MWh, a decrease of 4.75% from 112,942,437 MWh in 2022[2]. - The clean energy segment's profit increased by approximately RMB 1.89 billion, driven by wind and solar power generation[2]. - The installed capacity of the clean energy segment reached 33,938.8 GW, accounting for about 75.4% of the total installed capacity[3]. - The company successfully turned around its thermal power segment, achieving a profit increase of approximately RMB 2.71 billion[2]. Market and Industry Trends - In 2023, the national electricity consumption increased by 6.7% year-on-year, with total electricity generation rising by 5.2%[65]. - The company aims to promote the development of "salt-solar," "fishing-solar," and "agriculture-solar" projects in Shandong Province, enhancing land value and contributing to rural revitalization[78]. - The group plans to accelerate the establishment of overseas marketing teams and actively expand marketing channels in the international energy storage market[96]. Research and Development - The company’s research and development expenses increased to RMB 306,351,000 in 2023 from RMB 228,469,000 in 2022, indicating a focus on innovation[33]. - The company is focusing on technological innovation and increasing R&D investment to enhance its position in the new energy market[69]. Corporate Governance - The audit committee, composed of three independent non-executive directors, reviewed the annual performance and consolidated financial statements for the year ending December 31, 2023[137]. - The company is committed to enhancing its corporate governance as a part of value creation, ensuring compliance with governance standards and maintaining transparency and accountability[139].

Core Insights - In 2023, China's power storage system (AC side) shipment reached 73 GWh, with domestic market shipments at 64 GWh, reflecting a year-on-year increase of over 200% [1] Group 1: Market Trends - The bidding scale for source network-side energy storage systems reached a record high in 2023, with a cumulative bid of 88.01 GWh, up 148.9% year-on-year, and November marked the highest monthly bid at 16.67 GWh [1] - The average bidding price for 2-hour energy storage systems dropped from 1.5 yuan/Wh at the beginning of the year to 0.85 yuan/Wh by year-end, a decrease of approximately 45% [1] - The competition intensified, with over 50 and 40 companies participating in the first batch of lithium iron phosphate energy storage system procurement by Huadian Group for different segments [1] - There has been an increase in bidding for grid-structured energy storage projects in the northwest regions, with policies supporting such projects in Xinjiang, Tibet, and Fujian [1] Group 2: Industry Participation - Central state-owned enterprises are actively investing in the energy storage industry, with over 180 enterprises involved in various aspects of the energy storage supply chain by the end of 2023 [1] - These enterprises are expanding their focus from EPC to upstream battery, PACK, and integration segments, covering various technologies including lithium, lead-carbon, flow, and sodium batteries [1] Group 3: Technological Developments - The 1500V high-voltage energy storage system has become mainstream, facilitating larger capacity developments in centralized wind and solar power plants [1] - The introduction of 300Ah+ 5MWh container products is expected to replace existing 3MWh+ products in 2024 [1] Group 4: Competitive Landscape - The competitive landscape has shifted significantly in 2023, with CRRC Zhuzhou Institute and Haibosi leading in shipment volumes, while BYD and Envision Energy have improved their rankings [1] - New entrants to the top shipment list include Ruiyuan Electric, Haide New Energy, and Yunda Co., Ltd. [1] - The market share of pure integration companies is declining due to the entry of central state-owned enterprises and component suppliers, with integrated companies possessing core component technology expected to gain an advantage in 2024 [3]

Core Viewpoint - The approval of the Shaanxi-Nanjing ±800 kV UHVDC transmission project marks a significant advancement in Anhui's energy supply strategy, facilitating the import of electricity from over 1,000 kilometers away, which is crucial for meeting the growing energy demands in the region [1][2]. Group 1: Project Significance - The project is a key initiative under the national strategy for building a new energy system and is one of the major cross-regional transmission channels planned for the 14th Five-Year Plan [2][3]. - It will serve as Anhui's first high-capacity UHVDC transmission channel that fully utilizes renewable energy, with at least 50% of the transmitted electricity coming from renewable sources [3][4]. Group 2: Energy Demand and Supply Analysis - Despite having coal resources, Anhui faces limitations in coal production capacity and struggles with the coordination of external coal purchases, necessitating the import of electricity [1][2]. - The province's electricity consumption reached 321.4 billion kWh in 2023, with a year-on-year growth of 7.4%, indicating a strong upward trend in energy demand [1][4]. Group 3: Project Details - The project will connect Yan'an in Shaanxi to Lujiang in Hefei, with a transmission capacity of 8 million kW over a distance of approximately 1,070 kilometers, involving an investment of around 200 billion yuan [3][4]. - It is expected to enhance Anhui's power supply capacity by 6.2 to 8 million kW and deliver over 36 billion kWh of electricity annually, significantly reducing coal consumption by approximately 14 million tons [4][5]. Group 4: Regional Cooperation - The project exemplifies mutual benefits between Shaanxi and Anhui, leveraging Shaanxi's rich energy resources to meet Anhui's growing electricity needs while promoting ecological restoration in mining areas [4][5]. - This inter-provincial energy collaboration is positioned as a win-win scenario, supporting both economic development and the transition to green energy [4][5].

转自：中国电力新闻网 为深入贯彻落实党中央国务院关于深化政务公开、强化数字政府建设的决策部署，进一步提升政务服务管理水平，国家能源局有序推进政府网站集约化改革，目前已实现各派出机构互联网门户网站集约化管理。国家能源局东北监管局已按要求完成互联网门户网站的迁移工作。 为了确保新旧门户网站转换过程中数据的安全性、准确性和完整性，东北能源监管局多措并举：一是加强原网站数据校验和备份，严防数据丢失；二是认真落实新网站平台相关要求，包括对数据库类型、栏目代码ID表和导入数据库的软件版本等信息分析，确保新旧门户网站的数据和栏目完整统一；三是周密部署积极配合制定详细导入方案，严格校核协助搭建新网站。 新网站实现了国家能源局统一部署、集中运维、统一安全防护、统一提升服务和集约化管理，提升了网站的界面设计、内容管理的水平，更加高效惠民。下一步，东北能源监管局将继续按照国家能源局的统一部署，加强新门户网站的管理，不断提升政务服务水平，充分发挥其政策宣传、在线服务的窗口作用。（陈叶） 责任编辑：闫弘旭 海量资讯、精准解读，尽在新浪财经APP ...

Core Viewpoint - The recent policy changes and market dynamics are expected to enhance the profitability and operational stability of power companies, particularly in the thermal power sector, as the auxiliary service market evolves and renewable energy continues to grow in importance [1][2]. Group 1: Policy and Market Developments - The National Development and Reform Commission and the National Energy Administration issued a notice to improve the pricing mechanism for auxiliary power services, emphasizing a principle of "who serves, who profits" [1]. - In the first half of 2023, the total auxiliary service fees reached 27.8 billion yuan, a significant increase from 13 billion yuan in the same period of 2019, indicating a growing market for auxiliary services [1]. - The share of thermal power companies in providing auxiliary services is substantial, with compensation reaching 25.4 billion yuan, accounting for 91.4% of the total [1]. Group 2: Company Performance and Projections - The total installed power capacity in China reached 2.9 billion kilowatts in 2023, with a year-on-year growth of 12.9%, driven by the rapid expansion of renewable energy sources [2]. - Many power companies are expected to report increased earnings in 2023 due to internal reforms and external market demand, particularly in wind and solar energy [2]. - The coal price is anticipated to remain low in 2024, which will further improve the profitability of thermal power companies [2]. Group 3: Company-Specific Updates - China Resources Power reported a 4.7% increase in electricity sales in 2023, with significant growth in both wind and solar energy sales [3]. - Huadian International's earnings per share estimates for 2023-2025 have been revised upward, reflecting stable coal power operations and expected growth in equity capacity [4]. - Huaneng International achieved a total electricity generation of 447.86 billion kilowatt-hours in 2023, with a slight decrease in average settlement price [4].

转自：中国电力新闻网 国家统计局发布消息，据对全国流通领域9大类50种重要生产资料市场价格的监测显示，2024年2月上旬与1月下旬相比，20种产品价格上涨，25种下降，5种持平。 附注 1.指标解释 流通领域重要生产资料市场价格，是指重要生产资料经营企业的批发和销售价格。与出厂价格不同，生产资料市场价格既包含出厂价格，也包含有经营企业的流通费用、利润和税费等。出厂价格与市场价格互相影响，存在时滞，两者的变动趋势在某一时间段内有可能会出现不完全一致的情况。 2.监测内容 流通领域重要生产资料市场价格监测内容包括9大类50种产品的价格。类别与产品规格说明详见附表。 3.监测范围 监测范围涵盖全国31个省（区、市）300多个交易市场的近2000家批发商、代理商、经销商等经营企业。 4.监测方法 价格监测方法包括信息员现场采价，电话、即时通讯工具和电子邮件询价等。 5.涨跌个数的统计 产品价格上涨、下降、持平个数按照涨跌幅（%）进行统计。 海量资讯、精准解读，尽在新浪财经APP ...

转自：中国电力新闻网 1月28日，由张北艾郎风电科技发展有限公司生产的首支108米长的风电叶片成功下线，标志着该县陆上风电叶片制造进入“百米级”。 据介绍，张北艾郎风电科技发展有限公司专注于研发生产大型风电机组叶片，为国内外兆瓦级海上和陆地风电机组装机配套设备。该公司于2018年初建成投产，现有大型风电叶片生产线4条，年生产能力300套，自投产以来，已累计生产兆瓦级风电叶片近千套。 近年来，张北县以建设国家可再生能源示范区的核心区为引领，全县新能源装机总规模突破1000万千瓦。作为该县成熟的装备制造企业，艾郎风电叶片的扩模提质，将为全县高端装备制造业发展增添新动力、积蓄新动能。目前，张北已经拥有较为完善的风电装备制造产业链，一个集发、储、输、用、检测、制造于一体的新能源全产业链条已逐步形成。（翁晓静李艳红） 责任编辑：杨娜 海量资讯、精准解读，尽在新浪财经APP ...

Financial Performance - For the six months ended June 30, 2023, the net profit attributable to equity holders of the company was RMB 1,849,653,000, a significant increase of 117.64% compared to RMB 849,881,000 in 2022[16]. - The revenue for the first half of 2023 was RMB 21,317,030,000, compared to RMB 20,305,157,000 in the same period of 2022, reflecting a growth of 4.98%[12]. - The group’s operating profit for the first half of 2023 was RMB 4,478,416,000, compared to RMB 4,016,650,000 in the same period of 2022, marking an increase of 11.50%[12]. - The basic earnings per share for the first half of 2023 were approximately RMB 0.14, compared to RMB 0.07 in the same period of 2022, indicating a 100% increase[16]. - The company reported a total comprehensive income of RMB 2,740,005 for the six months, compared to RMB 748,539 in 2022, marking an increase of 265.45%[145]. - The company reported a net profit of RMB 2,549,571 thousand for the six months, with a notable profit from wind power generation at RMB 1,453,360 thousand[167]. - The company’s financial income increased to RMB 175,497 from RMB 90,833, marking a growth of 93.52%[144]. Clean Energy Development - The total installed capacity of the group as of June 30, 2023, was 32,941.2 MW, representing an increase of 801.2 MW year-on-year, with clean energy accounting for 66.36% of the total capacity, up by approximately 15.6 percentage points[17]. - The group reported a significant increase in clean energy sales and profits, with wind and solar power sales and profits rising by approximately 50% year-on-year[15]. - The company has 7,391.2 MW of clean energy projects under construction as of June 30, 2023, including large-scale wind and photovoltaic projects across multiple provinces[33]. - The company plans to enhance its asset structure through the acquisition of quality clean energy assets, which is expected to increase the proportion of clean energy installed capacity by approximately 6.9 percentage points[118]. - The company is focused on developing new energy storage projects and integrating energy solutions to meet growing demand in the market[161]. Cash and Liquidity - The cash and cash equivalents as of June 30, 2023, were RMB 8,122,121,000, representing a substantial increase of 92.10% from RMB 4,228,099,000 at the end of 2022[13]. - The net cash inflow from operating activities for the first half of 2023 was RMB 3,248,977,000, a decrease from RMB 6,625,423,000 in the same period of 2022[90]. - The company recorded a net increase in cash and cash equivalents of RMB 3,905,160,000 during the reporting period, compared to RMB 6,810,225,000 in 2022[86]. - The group’s current ratio improved to 0.78 as of June 30, 2023, from 0.67 as of December 31, 2022[83]. - The company has secured available undrawn financing of RMB 24,937,615,000 as of June 30, 2023, to mitigate funding risks[100]. Operational Highlights - The total electricity sales volume for the first half of 2023 was 48,259,373 MWh, a decrease of 9.02% from 53,045,286 MWh in 2022[9]. - The company has launched a smart operation and maintenance platform for a 100 MW energy storage power station, marking a breakthrough in core energy storage technology[30]. - The company is actively expanding its energy storage business, benefiting from the continuous optimization of domestic energy storage policies[102]. - The company has initiated a 55 MW rooftop photovoltaic and 5 MW energy storage project in Bangladesh, addressing local frequent power outages and promoting zero carbon emissions in industrial parks[27]. Investments and Acquisitions - The company has conditionally agreed to acquire equity stakes in four major clean energy generation companies from State Power Investment Corporation for RMB 8,811,044,100, to be settled in cash[82]. - The company has secured construction indicators for several new projects, including a 1,000 MW wind-solar-storage integrated project and a 2,480 MW wind-solar-storage base project in Shandong[36]. - The company made significant investments in property, plant, and equipment, with payments totaling RMB 9,021,161,000 for the first half of 2023[155]. Environmental, Social, and Governance (ESG) - The company has established a strategic and sustainable development committee to optimize its ESG management structure and integrate ESG into its corporate culture[111]. - The company has been recognized as a leader in ESG development and was listed among the "Top 100 ESG Listed Companies in China" during the review period[111]. - The company published its latest sustainability report in April 2023, identifying and analyzing climate-related risks and opportunities[112]. - The company aims for a "zero serious injury" target in its safety production management, enhancing safety training and monitoring[105]. Debt and Liabilities - The group's total debt as of June 30, 2023, was RMB 121,859,338,000, up from RMB 116,606,464,000 as of December 31, 2022[87]. - The total liabilities increased to RMB 147,774,037 from RMB 142,814,859, reflecting a rise of 3.36%[149]. - The company’s borrowings amounted to RMB 118,440,877 thousand, reflecting a high leverage position[168]. Employee and Governance - The company employed a total of 10,636 full-time employees as of June 30, 2023, a decrease from 10,928 in the previous year[108]. - The company has adopted a code of conduct for directors' securities trading, confirming full compliance during the six months ending June 30, 2023[125]. - The audit committee reviewed the accounting standards and the unaudited interim consolidated financial statements for the six months ending June 30, 2023[126].

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，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 中 國 電 力 國 際 發 展 有 限 公 司 China Power International Development Limited （在香港註冊成立的有限責任公司） （股份代號：2380） 二零二三年中期業績公告 中國電力國際發展有限公司（「本公司」）董事局（「董事局」）欣然公佈，本公司及 其附屬公司（統稱「本集團」或「我們」）截至二零二三年六月三十日止六個月的未經 審核中期業績。此等財務報表乃根據香港會計準則第34號「中期財務報告」所編製，已 獲本公司審核委員會（「審核委員會」）及本公司核數師安永會計師事務所審閱。 財務摘要 截至六月三十日止六個月 二零二三年 二零二二年 變動 人民幣千元 人民幣千元 % 收入 21,317,030 20,305,157 4.98 當期利潤 2,549,571 1,430,427 78.24 本集團權益持有人應佔利潤 1,849,653 849,881 117 ...

Financial Performance - In 2022, the total electricity generation reached approximately 7,310,757 MWh, with a net profit attributable to shareholders of RMB 2,648,051 thousand, compared to a loss of RMB 256,257 thousand in 2021[4]. - The company's revenue for 2022 was RMB 43,689,129 thousand, representing a 48.93% increase from RMB 35,476,703 thousand in 2021[7]. - The operating profit for 2022 was RMB 7,604,262 thousand, up from RMB 5,105,944 thousand in 2021[9]. - The basic earnings per share for 2022 was RMB 0.22, compared to a loss of RMB 0.04 in 2021[8]. - The company's total assets increased by 20.63% to RMB 211,404,964 thousand in 2022, up from RMB 175,245,988 thousand in 2021[12]. - The company's net profit increased to RMB 2,685,338,000, representing a growth of 297.07% compared to the previous year[110]. - The company's total revenue for 2022 was RMB 43,689,129,000, a 23.15% increase from RMB 35,476,703,000 in the previous year[112]. - Operating costs for 2022 were RMB 39,347,562,000, up 23.58% from RMB 31,838,603,000 in the previous year[114]. - Financial expenses increased to RMB 4,260,961,000, a rise of 10.34% from RMB 3,861,500,000 in the previous year[122]. Clean Energy Capacity and Development - The total installed capacity of the company reached 31,599.2 MW in 2022, an increase from 28,931.9 MW in 2021, marking a growth of 9.22%[13]. - The company aims to expand its clean energy capacity, with approximately 65% of its installed capacity coming from renewable sources[2]. - As of December 31, 2022, the total installed capacity of the group is 31,599.2 MW, with clean energy capacity accounting for 20,519.2 MW, representing 64.94% of the total[22]. - The group has a total of 11,080 MW of coal power capacity, with 7,554 MW being equity capacity[28]. - The company achieved a clean energy installed capacity increase of 5.9 GW in 2022, with clean energy accounting for approximately 65% of total installed capacity[47]. - The company is focused on expanding its clean energy portfolio, with 64.94% of its total capacity being clean energy[22]. - The company has a total of 7,592.4 MW of installed capacity under construction, with 5,847.7 MW attributable capacity[30]. - New projects under preliminary work have a total installed capacity of approximately 9,400 MW, with 8,940 MW from renewable energy (wind and solar) sources[31]. Strategic Investments and Acquisitions - The company holds a 51% stake in XinYuan ZhiChu and XinYuan JingWu, indicating ongoing strategic investments in renewable energy sectors[17]. - The company completed the acquisition of 23 renewable energy project companies for a total consideration of RMB 7.453 billion, adding approximately 2.16 GW of quality assets to its portfolio[53]. - The company agreed to acquire equity interests in 16 target companies from China Power New Energy for a total adjusted consideration of RMB 5,790,593,419.82, with RMB 5,782,593,419.82 settled through the issuance of shares[129]. - The company also agreed to acquire equity interests in 10 target companies from China Power International New Energy for a cash consideration of RMB 1,670,098,862.61[129]. Market Expansion and Internationalization - The company signed a cooperation agreement for a 120 MW solar project in Mexico, marking its first step towards internationalization in the energy storage sector[36]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[73]. - A strategic acquisition of a local competitor is anticipated to enhance operational efficiency and increase market penetration[68]. Technological Innovation and R&D - The company is investing 1 billion RMB in R&D for new technologies aimed at improving energy efficiency[67]. - The company is developing the first domestic pure battery-swapping container ship, contributing to China's "dual carbon" goals[33]. - The group is advancing research in integrated photovoltaic, energy storage, and distribution systems to align with low-carbon development strategies[83]. - The group has made progress in the development of colored photovoltaic technology, with the production line design and core equipment customization for a demonstration project in Tongzhou, Beijing completed[80]. Environmental, Social, and Governance (ESG) Initiatives - The company received recognition as one of the "Outstanding ESG Enterprises" for its performance in environmental, social, and governance aspects[44]. - The company has made significant progress in its strategic transformation, successfully navigating challenges posed by fluctuating resource prices and the COVID-19 pandemic[46]. - The company is committed to enhancing its ESG governance framework and aligning with domestic and international ESG standards[58]. - The company has received the 2022 Best ESG Report Award from BDO and was recognized as one of the Outstanding ESG Enterprises for 2021-2022 by the Hong Kong Economic Journal[56]. Operational Efficiency and Cost Management - The company reduced its financing costs, achieving a comprehensive financing interest rate of 3.34%, down 0.69 percentage points from the beginning of the year[55]. - The average unit fuel cost for coal power operations rose to RMB 326.16 per MWh, an increase of 17.41% from RMB 277.79 per MWh in the previous year[116]. - The company plans to enhance its digital infrastructure, allocating 500 million RMB for technology upgrades in the upcoming year[65]. - The company will optimize its employee performance reward mechanism to enhance labor productivity in new industries and projects[58]. Risk Management and Corporate Governance - The group has established a comprehensive risk management mechanism, including a risk management committee responsible for overseeing overall risk management strategies[148]. - The board consists of seven directors, including three executive directors, three non-executive directors, and one independent non-executive director[178]. - The company strictly adheres to the revised Corporate Governance Code and related listing rules effective from January 1, 2022[175]. - The board oversees the group’s risk management and internal control systems[184]. Future Outlook and Goals - The company anticipates a dual growth in energy investment and consumption due to supportive policies for green transformation and innovation[57]. - The strategic goal is to become a world-class green low-carbon energy supplier by 2035, with a focus on sustainable development in clean energy sectors[172]. - By 2025, the company aims to be a leading green low-carbon energy supplier in China, progressing towards global leadership by 2030[172].