年度報告 2020 （ 於中華人民共和國註冊成立的股份有限公司 ） 000 000 NO NEW OFF OF OF ELE F -60 )) WWW.SHANGHAI-ELECTRIC.COM 二零二零年度報告 fy 業績摘要 (M 億元 公司總收入為 ¥ 1,372.85 同比上升 7.67% 公司每股基本收益為 ¥ 25 分 同比上升 8.70% 公司實現歸屬於本公司所有者利潤達 ¥ ¥ 37.58 億元 同比上升 7.34% ¥ 1,855.5 公司新增訂單 億元 同比上升 8.70% 自 董事會建議派發 2020年度末期股息每股人民幣 ¥ 7.178 分 二零二零年度報告 上海電氣集團股份有限公司 02 03 / 董事長致辭 42 / 董事會報告 64 / 重大事項 08 / 公司基本情況 77 / 獨立核數師報告 10 / 五年財務概要 92 / 合併及公司資產負債表 11 / 主要財務數據和指標 96 / 合併及公司利潤表 12 / 股本結構 98 / 合併及公司現金流量表 13 / 權益披露 99 / 合併股東權益變動表 16 / 董事、監事、高級管理人員和員工情況 101 / 公司股東權益變 ...

Financial Performance - Total revenue for the first half of 2020 reached RMB 53.237 billion, an increase of 0.53% compared to the same period last year[11]. - Profit attributable to shareholders for the first half of 2020 was RMB 1.522 billion, a decrease of 17.57% year-on-year[11]. - The company did not propose an interim dividend during the reporting period[11]. - Basic earnings per share were RMB 0.10, down 16.67% from the previous year[176]. - The company achieved total operating revenue of RMB 53.24 billion, an increase of 0.53% compared to the same period last year[191]. - Net profit attributable to shareholders was RMB 1.52 billion, a decrease of 17.57% year-on-year[191]. - The energy equipment segment reported operating revenue of RMB 19.29 billion, up 2.3% year-on-year, with a gross margin of 18.1%, an increase of 2.1 percentage points[193]. - The industrial equipment segment's operating revenue was RMB 20.46 billion, down 0.8% year-on-year, with a gross margin of 16.2%, a decrease of 2.2 percentage points[194]. - The integrated services segment achieved operating revenue of RMB 17.86 billion, an increase of 9.7% year-on-year, with a gross margin of 20.4%, down 1.6 percentage points[195]. Order and Backlog - New orders amounted to RMB 108.84 billion, representing a growth of 40.8% compared to the previous year[11]. - The backlog of orders at the end of the reporting period was RMB 294.37 billion, an increase of 20.5% from the end of the previous year[11]. - Energy equipment accounted for 48.3% of new orders, industrial equipment for 25.1%, and integrated services for 26.6%[11]. Strategic Initiatives - The company is focusing on the development of its "Xingyun Zhihui" industrial internet platform, integrating AI, big data, and cloud computing technologies[13]. - The company aims to enhance its digital ecosystem through a combination of hardware, industrial internet services, and e-commerce[13]. - The company is actively exploring new business models in the era of industrial internet[13]. - The company is focusing on the energy storage industry, leveraging opportunities from new energy consumption and infrastructure development[14]. - The company is advancing its research in lithium battery technology and vanadium flow batteries through its subsidiaries[14]. - The company is focusing on four transformations: digital transformation, product structure transformation, industrial form transformation, and business model transformation, to strengthen its strategic emerging industries in energy storage, new energy, and intelligent manufacturing[189]. Market and Economic Conditions - The impact of COVID-19 has led to significant economic uncertainty, but the company is adjusting its strategies to meet these challenges[13]. - Revenue from mainland China decreased by 2.47% to RMB 43.94 billion, while revenue from other countries and regions increased by 17.64% to RMB 9.30 billion[198]. Research and Development - The company has integrated its smart manufacturing solutions across nearly 100,000 devices, including electric equipment and elevators[14]. - The gas turbine intelligent service system has connected to 8 power plants and 14 units, accumulating a total of 100,000 operational hours[14]. - The company is advancing its research in lithium iron phosphate batteries and all-vanadium flow batteries through its Central Research Institute[179]. International Strategy - The company is advancing its international strategy by winning multiple overseas orders to mitigate the impact of declining domestic thermal power market demand[16]. - The company is committed to expanding its presence in overseas markets and along the "Belt and Road" initiative, positioning itself as a leading global energy engineering contractor[186]. Environmental and Smart Technology Initiatives - The company has secured contracts for smart ammonia optimization projects at the Shaanxi Guohua Jinjie Power Plant, marking its first order in the intelligent ammonia technology sector[14]. - Shanghai Electric has undertaken multiple smart energy demonstration projects, including the "Internet + Smart Energy" project in Chongming, Shanghai[14]. - The company is actively promoting the application of internet technology in distributed energy and new energy sectors[14]. Employee and Governance - As of June 30, 2020, the company employed approximately 34,078 people, an increase from 33,720 people a year earlier[49]. - The company has implemented various employee incentive plans and training programs to enhance performance and development[49]. - The board of directors confirmed compliance with the corporate governance policies and regulations during the reporting period[60]. Financial Position - Total assets as of June 30, 2020, were RMB 289.05 billion, an increase of 3.04% from the end of the previous year[32]. - Total liabilities increased to RMB 192.57 billion, a growth of 1.93% compared to the end of the previous year[36]. - The company's cash flow from operating activities was negative RMB 16.03 billion, compared to negative RMB 10.22 billion in the same period last year[32].