证券代码：600310 证券简称：桂东电力 公告编号：临2023-036 债券代码：151517 债券简称：19 桂东 01 广西桂东电力股份有限公司 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法律责任。 重要内容提示： 会议召开时间：2023 年 04 月 27 日(星期四) 下午 15:00-16:30 会议召开地点：现场会议地点—上海证券大厦（上海市浦东新区浦 东南路 528 号）；视频会议链接—上海证券交易所上证路演中心（网 址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 04 月 20 日(星期四) 至 04 月 26 日(星期 三)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 600310@sina.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。 广西桂东电力股份有限公司（以下简称"公司"）已于 2023 年 3 月 24 日发布公司 20 ...

Financial Performance - The net profit attributable to the listed company for 2022 was -223,021,349.12 CNY, indicating a loss for the year[6]. - The company's operating revenue for 2022 was approximately ¥17.43 billion, representing a year-on-year increase of 1.73% compared to ¥17.14 billion in 2021[23]. - The net profit attributable to shareholders of the listed company for 2022 was a loss of approximately ¥223 million, a decrease of 386.24% compared to a profit of ¥78 million in 2021[23]. - The basic earnings per share for 2022 was -¥0.1522, a decrease of 311.39% from ¥0.0720 in 2021[24]. - The weighted average return on equity for 2022 was -7.15%, down 10.33 percentage points from 3.18% in 2021[24]. - The company reported a net profit of CNY -150.68 million, a decrease of 252.99% year-on-year[47]. - The company reported a significant increase in thermal power generation by 17.20% year-on-year, reaching 2,799,246 MWh[80]. - The company reported a total revenue of 679.47 million, reflecting a significant performance in the fiscal year[150]. Dividends and Profit Distribution - The board of directors proposed not to implement cash dividends or capital reserve transfers for the year 2022[6]. - The company’s board of directors has not adjusted the cash dividend policy for 2022, maintaining compliance with company regulations and protecting minority shareholders' rights[178]. - The company implemented a profit distribution plan for 2021, distributing cash dividends of CNY 0.02 per share and transferring 0.2 shares from capital reserves, totaling CNY 24,428,512.04 in cash dividends and 244,285,120 shares transferred[177]. Audit and Compliance - The company has received an unqualified audit report with emphasis on matters related to going concern uncertainties[5]. - The company confirmed that its internal control over financial reporting was effective and compliant with relevant regulations[165]. - The internal control audit report issued by DaXin Accounting Firm confirmed that the company maintained effective internal controls over financial reporting[185]. - The audit committee held ten meetings during the reporting period, reviewing the 2021 financial statements and confirming compliance with accounting standards[164]. Risk Management - The company has detailed risk descriptions in the management discussion and analysis section of the report[9]. - The company faces operational risks due to reliance on hydropower, which is significantly affected by weather conditions and water inflow, potentially leading to increased costs from purchasing electricity if generation is insufficient[136]. - Industry competition risks are heightened by ongoing reforms in the electricity market, leading to uncertainties in sales volume and pricing, with the company under pressure from competitors with established advantages[137]. - The company plans to enhance investment project supervision and risk management to ensure external investments yield expected benefits[139]. Operational Highlights - The company’s hydropower plants achieved a total electricity generation of 6.691 billion kWh in 2022, representing a year-on-year increase of 14.78%[34]. - The company completed the construction of four hydropower stations, enhancing remote control capabilities and significantly improving generation efficiency[37]. - The company has initiated the construction of several 110kV substations to improve power supply capacity[35]. - The company has made progress in digital transformation, enhancing the automation and intelligence of its power grid operations[37]. Environmental and Social Responsibility - The company invested 4.6392 million yuan in environmental protection during the reporting period[188]. - The company reduced carbon emissions by 104,603 tons through energy-saving measures and ongoing projects[198]. - The company’s fish breeding station has released approximately 6.5 million fish, contributing to ecological restoration[197]. - The total investment in rural revitalization projects for 2022 amounted to 24.345 million yuan[200]. Governance and Management - The company has established a governance structure that protects the rights of all shareholders, particularly minority shareholders, ensuring transparency in decision-making processes[141]. - The board of directors has held 10 meetings during the reporting period, adhering to legal requirements and maintaining independent operations[142]. - The company is committed to improving performance evaluation and incentive mechanisms to enhance effectiveness and motivation[142]. - The company has established a compliance committee within the board of directors[160]. Future Outlook - The planned power generation for 2023 is 74.44 billion kWh, with a projected increase of 10.75% in financial sales volume compared to 2022[135]. - The planned operating revenue for 2023 is 163.32 billion yuan, a decrease of 6.33% compared to the previous year[135]. - The company aims to focus on the electricity main business and multi-energy complementary strategies to enhance operational efficiency and asset quality[131]. - Future guidance indicates a projected revenue growth of approximately 15% for the next fiscal year, driven by new project developments and technological advancements[153].

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 8,063,367,836.54, representing a 4.20% increase compared to CNY 7,724,724,060.32 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was a loss of CNY 54,611,905.96, a decrease of 133.99% from a profit of CNY 160,677,683.06 in the previous year[23]. - The net cash flow from operating activities was a negative CNY 459,031,875.10, a significant decline from CNY 5,023,237.95 in the same period last year, representing a decrease of 9,238.17%[23]. - Basic earnings per share for the first half of 2020 were -CNY 0.0660, a decrease of 134.00% compared to CNY 0.1941 in the same period last year[24]. - The diluted earnings per share were also -CNY 0.0660, reflecting the same decline as basic earnings per share[24]. - The weighted average return on net assets was -2.72%, a decrease of 10.90 percentage points from 8.18% in the previous year[24]. - The net profit after deducting non-recurring gains and losses was CNY 31,463,470.88, down 28.77% from CNY 44,170,140.34 in the same period last year[23]. - The company reported a net profit of 1,936.59 million RMB for Guangxi Guoneng Electric Power Co., Ltd., a decrease of 29.15% compared to the previous year[64]. - Net profit for the first half of 2020 was -56.71 million yuan, a decline of 130.51% compared to the previous year, with earnings per share dropping to -0.0660 yuan[40]. Revenue and Sales - Total revenue for the first half of 2020 was 8,063.37 million yuan, a year-on-year increase of 4.20%, while electricity sales revenue decreased by 1.54% to 826.54 million yuan[40]. - The company achieved a 20.25% increase in oil product sales revenue, totaling 10,509.31 million yuan, despite challenges from the pandemic and international oil price fluctuations[40]. - The company's electricity sales volume was 1.875 billion kWh, down 6.70% compared to the same period last year[31]. - The company completed a power generation of 944 million kWh in the first half of 2020, a decrease of 23.62% year-on-year[31]. - Operating revenue increased primarily due to the growth in revenue from Guangxi Yongsheng's oil products business[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 19,128,446,888.03, an increase of 19.59% from CNY 15,995,375,483.38 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company decreased to CNY 1,936,183,620.57, down 4.98% from CNY 2,037,675,831.62 at the end of the previous year[23]. - Total liabilities increased, with accounts payable rising by 42.10% to 677,206,193.80, attributed to Guangxi Yongsheng and the controlling subsidiary Hengrun Zhuban[52]. - The company's total liabilities increased to RMB 12.05 billion from RMB 9.05 billion, indicating a rise in financial obligations[151]. - The total equity attributable to shareholders decreased to CNY 1,895,051,627.62 from CNY 2,010,240,174.30, a decline of about 5.7%[156]. Cash Flow - The net cash flow from investment activities was -331,809,158.73, worsening from -190,510,612.11 year-over-year[46]. - The net cash flow from financing activities improved to 1,371,884,236.34, compared to -164,251,319.35 in the same period last year[46]. - The company's cash and cash equivalents increased to 3,376,927,193.42, representing a 79.96% rise from 1,876,538,937.04 year-over-year[50]. - Total operating cash inflow for the first half of 2020 was CNY 13,289,572,903.26, an increase of 43.3% compared to CNY 9,276,652,759.77 in the same period of 2019[164]. - Total operating cash outflow for the first half of 2020 was CNY 13,748,604,778.36, up from CNY 9,271,629,521.82 in the previous year, resulting in a net cash flow from operating activities of CNY -459,031,875.10[165]. Investments and Acquisitions - The company plans to enhance its asset and installed capacity through the acquisition of 100% equity in Guangxi Guangtou Qiaogong Energy Development Co., Ltd., which has been approved by the board and shareholders[43]. - The company plans to invest 1,037.07 million RMB to acquire 90% equity in Shaanxi Changxing Photovoltaic Technology Co., Ltd., with the investment completed during the reporting period[57]. - The company has invested a total of 30,750 million RMB in Guangxi Minshang Stone Industry Development Co., Ltd., holding 41.5807% equity, with the capital contribution completed[58]. - The company’s subsidiary Sichuan Xidian Power Design Co., Ltd. acquired 40% equity in Iraya Energy Corporation for 2,831.80 million RMB, with 1,984.68 million RMB paid by the end of the reporting period[58]. - The company completed the full subscription of 52,099,670 shares of Guohai Securities, increasing its total holdings to 225,765,238 shares, representing 4.146% of Guohai Securities' total share capital post-issue of 5,444,525,514 shares[121]. Strategic Initiatives and Future Outlook - The company plans to gradually expand its electricity supply area to eastern Guangxi and other regions in the long term[33]. - The company is actively managing its finances, raising 1 billion yuan through asset-backed securities and optimizing its debt structure[43]. - The company has ongoing work related to the acquisition and financing of Guangxi Guangtou Energy Co., Ltd.[103]. - The company has initiated the process to reduce its stake in Chongqing Tongyuan and Shaanxi Shangxin, and plans to dissolve its holding subsidiary Guangdong Guidong Electric Power[123]. - Future outlook and strategic initiatives were not explicitly mentioned in the provided content, suggesting a focus on recovery and stabilization[175]. Social Responsibility - The company donated 2 million yuan to support COVID-19 relief efforts, demonstrating its commitment to social responsibility[44]. - The company has made significant progress in its poverty alleviation efforts, with all supported households achieving basic living standards[113]. - The company is committed to ongoing support for impoverished households in accordance with national and local policies[114]. Legal and Compliance - The company has ongoing litigation involving its wholly-owned subsidiary Guangxi Yongsheng, which won a first-instance judgment in a contract dispute case[99]. - Guangxi Yongsheng is appealing a ruling from the Nanning City Xixiangtang District People's Court regarding a contract dispute with CNOOC Guangxi Energy Co., Ltd.[99]. - The company has reported no significant litigation or arbitration matters that are not disclosed in temporary announcements[100]. - The financial statements were approved by the board on August 20, 2020, ensuring compliance with regulatory requirements[184]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 37,605[128]. - The largest shareholder, Guangxi Zhengrun Development Group Co., Ltd., held 414,147,990 shares, accounting for 50.03% of total shares[130]. - The second largest shareholder, Guangxi Hezhou Guangze Capital Investment Co., Ltd., held 10,663,536 shares, representing 1.29%[130].

Financial Performance - The net profit for the parent company in 2019 was CNY 28,502,392.28, with a total distributable profit of CNY 539,524,446.91 after accounting for retained earnings and previous dividends[4]. - The proposed dividend distribution is CNY 0.6 per 10 shares, totaling CNY 49,666,500, with the remaining CNY 489,857,946.91 carried forward to the next year[4]. - The company's operating revenue for 2019 was approximately ¥22.92 billion, representing a year-over-year increase of 92.06% compared to ¥11.93 billion in 2018[23]. - Net profit attributable to shareholders was approximately ¥151.79 million, a significant increase of 121.60% from ¥68.50 million in 2018[23]. - The basic earnings per share for 2019 was ¥0.1834, up 121.77% from ¥0.0827 in 2018[25]. - The weighted average return on equity increased to 7.74%, up 4.27 percentage points from 3.47% in 2018[25]. - The net cash flow from operating activities reached approximately ¥475.60 million, a substantial increase of 622.93% compared to ¥65.79 million in 2018[23]. - The company reported a net loss of approximately ¥36.95 million attributable to shareholders after deducting non-recurring gains and losses, compared to a loss of ¥67.19 million in 2018[23]. - The company reported a significant increase in profits in 2019, attributed to better-than-expected hydropower generation and effective receivables management[120]. Audit and Compliance - The audit report issued by Da Xin Accounting Firm confirmed the financial statements as true, accurate, and complete[6]. - The company’s financial report has been audited without any reservations, ensuring the reliability of the financial data presented[6]. - The company has committed to maintaining transparency and accuracy in its financial reporting, as stated by its management[6]. - The company has not reported any significant litigation or arbitration matters for the year[135]. - The company has not made any adjustments to its profit distribution policy during the reporting period, ensuring the protection of minority investors' rights[130]. Operational Highlights - The company's total assets at the end of 2019 were approximately ¥2.04 billion, an increase of 8.20% from ¥1.88 billion at the end of 2018[23]. - The total electricity sales volume for the year was 4.351 billion kWh, representing an increase of 11.6% compared to the previous year[39]. - The company completed power generation of 1.961 billion kWh for the year, with the Xiaofeng Power Plant generating 427 million kWh, an increase of 43.24% year-on-year[39]. - The company achieved a total electricity generation of 19.61 billion kWh, an increase of 20.01% year-on-year[42]. - The company is actively promoting the construction of new power grid projects, with most 220 kV power transmission and transformation projects completed and accepted[40]. Investment and Financing - The company plans to issue up to RMB 1.5 billion in corporate bonds in 2019 to support funding needs[41]. - The company has completed the first and second phases of a private bond issuance, raising RMB 850 million[41]. - The company is actively expanding its financing channels to ensure adequate funding for operations[41]. - The company plans to publicly issue bonds not exceeding 1 billion RMB[157]. - The company has successfully issued two phases of non-public corporate bonds totaling 850 million RMB[157]. Risks and Challenges - The company has outlined potential risks in its future development, which are detailed in the operational discussion section of the report[7]. - The company's future plans and projections are subject to risks, and investors are advised to consider these risks when making investment decisions[5]. - The company faces operational risks due to reliance on hydropower, which is affected by weather conditions, potentially increasing costs if external power purchases are needed[124]. - The company anticipates challenges from market competition and regulatory changes that could impact electricity pricing and demand[125]. - The company has identified external investment risks due to uncertainties in domestic and international political and economic conditions, which may affect expected returns[126]. Corporate Governance - The company has a structured management team with a mix of engineering and business backgrounds, which supports its operational and strategic goals[194]. - The independent directors bring expertise in finance and law, which is crucial for corporate governance and compliance[192]. - The company has not reported any changes in shareholding for its executives during the reporting period, indicating stability in management[190]. - The total remuneration for all directors, supervisors, and senior management was 6.3162 million yuan[198]. - The company has a diverse board with members holding significant experience in energy and finance sectors, enhancing strategic decision-making capabilities[192]. Shareholder Information - The largest shareholder, Guangxi Zhengrun Development Group, holds 414,147,990 shares, representing 50.03% of the total shares[176]. - The total number of ordinary shareholders at the end of the reporting period was 41,277, an increase from 40,461 at the end of the previous month[174]. - The company has no other significant shareholders holding more than 10% of the shares[186]. - The controlling shareholder of the company is Guangxi Zhengrun Development Group Co., Ltd., holding 50.03% of the shares[179]. Legal Matters - The company’s subsidiary Guangxi Yongsheng won a lawsuit against CNOOC Guangxi Energy Co., Ltd., with the court ruling in favor of Guangxi Yongsheng during the reporting period[136]. - Guangxi Yongsheng also won a lawsuit against Cangzhou Jingtou Modern Logistics Co., Ltd., with the court upholding the original judgment in favor of Guangxi Yongsheng[136]. - The company has established a long-term relationship with its controlling shareholder for power supply and rental agreements, ensuring operational continuity[141]. - The company is actively involved in litigation but has maintained a favorable outcome in most cases, reflecting its legal strategy's effectiveness[136].

2022 年第三季度报告 证券代码：600310 证券简称：桂东电力 广西桂东电力股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 审计师发表非标意见的事项 □适用 √不适用 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 18 单位：元 币种：人民币 项目 本报告期 本报告期 比上年同 期增减变 动幅度(%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 6,630,427,286.12 37.59 14,299,046,431.05 -15.43 归属于上市公司股东的 -99,177,891.32 -154.24 -138,918,844 ...

2022 年半年度报告 公司代码：600310 公司简称：桂东电力 广西桂东电力股份有限公司 2022 年半年度报告 1 / 190 2022 年半年度报告 重要提示 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意投资 风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅"第三节 管理层讨论与分析"其 他披露事项中可能面对的风险部分内容。 十一、 其他 □适用 √不适用 2 / 190 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人姚若军、主管会 ...

2022 年第一季度报告 证券代码：600310 证券简称：桂东电力 广西桂东电力股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人姚若军、主管会计工作负责人庞厚生及会计机构负责人（会计主管人员）傅洪湖保证 季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 1 / 14 2022 年第一季度报告 | 稀释每股收益（元/股） | | -0.0754 | 不适用 | | --- | --- | --- | --- | | 加权平均净资产收益率（%） | | -2.98 | 不适用 | | | 本报告期末 | 上年度末 | 本报告期末比上年度 末增减变动幅度(%) | | 总资产 | 22,163,998,122.28 | 21,789,411,124.98 | 1.72 | | 归属于上市公司股东 ...

2021 年年度报告 公司代码：600310 公司简称：桂东电力 广西桂东电力股份有限公司 2021 年年度报告 1 / 262 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 大信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人姚若军、主管会计工作负责人庞厚生及会计机构负责人（会计主管人员）傅洪湖 声明：保证年度报告中财务报告的真实、准确、完整。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经公司审计机构大信会计师事务所（特殊普通合伙）审计（大信审字【2022】第5-00049号）， 广西桂东电力股份有限公司母公司2021年度实现净利润为-139,066,894.94元，加上期初留存的未 分配利润680,089,852.36元，减去提取2021年法定盈余公积0元，减去2021年已分配2020年现金红 利77, ...

2021 年第三季度报告 证券代码：600310 证券简称：桂东电力 广西桂东电力股份有限公司 2021 年第三季度报告 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： 2021 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | 637,154,835.27 | | 不适用 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | 0.1762 | -29.28 | 0.0553 | | -76.95 | | 稀释每股收益（元/股） | 0.1762 | -29.28 | 0.0553 | | -76.95 | | 加权平均净资产收益率 | | 增加 1.54 | | 减少 | 4.96 个 | | （%） | 8.45 | 个百分点 | 2.65 | | 百分点 | | | | | | 本报告期末比 | | | | 本报告期末 | | 上年度末 | 上年度末增减 | | | | | | | 变动 ...

2021 年半年度报告 公司代码：600310 公司简称：桂东电力 广西桂东电力股份有限公司 2021 年半年度报告 1 / 175 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人姚若军、主管会计工作负责人李均毅及会计机构负责人（会计主管人员）秦恒声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意投资 风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅"第三节 管理层 ...