根据《证券法》和《上海证券交易所股票上市规则》的相关规定，公 司监事会对董事会编制的 2023 年半年度报告发表审核意见如下： 1.公司 2023 年半年度报告的编制和审议程序符合法律、法规、规章、 公司《章程》和公司内部相关管理制度的规定； 证券代码：600644 证券简称：乐山电力 公告编号：临 2023-018 乐山电力股份有限公司 第十届监事会第三次会议决议公告 本公司监事会及全体监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。 乐山电力股份有限公司（简称"公司"）于 2023 年 8 月 11 日以电子 邮件方式向各位监事发出召开第十届监事会第三次会议的通知和会议资 料。公司第十届监事会第三次会议于 2023 年 8 月 23 日在乐山市金海棠大 酒店会议中心 302 会议室以现场与视频会议系统相结合方式召开，应出席 会议监事 5 名，现场出席会议监事 3 名，通过视频会议系统出席会议监事 2 名，监事会主席王丹丹、监事凌先富通过视频会议系统出席会议。会议 的召集、召开符合《公司法》和公司《章程》的相关规定。会议由监事会 主席王丹丹女士 ...

乐山电力股份有限公司董事会 2023 年 8 月 25 日 1 一、以 11 票赞成，0 票反对，0 票弃权审议通过了《关于公司 2023 年半年度报告全文及其摘要的议案》； 具 体 内 容 详 见 公 司 同 日 在 上 海 证 券 交 易 所 网 站 ： http ： //www.sse.com.cn 披露的 2023 年半年度报告全文和摘要以及在《中国证 券报》、《上海证券报》、《证券时报》和《证券日报》披露的 2023 年半年 度报告摘要。 二、以 11 票赞成，0 票反对，0 票弃权，审议通过了《关于董事会 战略委员会更名为董事会战略与 ESG 委员会的议案》。 特此公告。 证券代码：600644 证券简称：乐山电力 公告编号：临 2023-017 乐山电力股份有限公司 第十届董事会第三次会议决议公告 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。 乐山电力股份有限公司（简称"公司"）于 2023 年 8 月 11 日以电子 邮件方式向董事、监事和高级管理人员发出召开第十届董事会第三次会议 的通知和会议资料。公司第十 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 761,277,555.67, representing a year-on-year increase of 1.13%[5] - The net profit attributable to shareholders was a loss of CNY 9,973,303.01, with a net profit excluding non-recurring gains and losses of CNY 10,941,749.98[5] - The net loss attributable to shareholders for Q1 2023 was CNY -253,704,988.90, compared to CNY -243,731,685.89 in Q1 2022, indicating a worsening of approximately 4.2%[15] - In Q1 2023, the company reported a net loss of CNY 10,023,755.47, compared to a net profit of CNY 30,172,249.44 in Q1 2022, representing a significant decline[17] - The total operating profit for Q1 2023 was CNY -8,931,296.69, down from CNY 32,740,531.50 in the same period last year[17] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.0185, compared to CNY 0.0497 in Q1 2022, reflecting a negative shift in profitability[17] - The company reported a total profit of CNY -8,983,914.68 in Q1 2023, a stark contrast to CNY 33,529,437.54 in Q1 2022[17] - The company’s total comprehensive income for Q1 2023 was CNY -10,023,755.47, compared to CNY 30,172,249.44 in the same quarter of the previous year[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY 111,815,664.80[5] - Cash flow from operating activities showed a net outflow of CNY -111,815,664.80, slightly improved from CNY -114,052,766.60 in Q1 2022[20] - Cash flow from investing activities resulted in a net outflow of CNY -6,799,705.96, compared to CNY -59,352,540.83 in the previous year, showing a significant reduction in cash outflow[21] - Cash flow from financing activities yielded a net inflow of CNY 231,909,199.51, slightly down from CNY 234,972,662.80 in Q1 2022[21] - The company’s cash and cash equivalents at the end of Q1 2023 totaled CNY 228,761,095.46, down from CNY 257,160,501.59 at the end of Q1 2022[21] - The company's cash and cash equivalents increased to CNY 228,761,095.46 as of March 31, 2023, from CNY 115,467,266.71 at the end of 2022, representing a growth of about 97.8%[12] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 4,136,152,344.92, an increase of 1.71% compared to the end of the previous year[6] - The total current assets as of March 31, 2023, amounted to CNY 640,539,964.66, compared to CNY 536,051,524.45 as of December 31, 2022, showing an increase of approximately 19.5%[13] - Total liabilities as of March 31, 2023, were CNY 2,119,094,274.04, compared to CNY 2,041,036,541.47 as of December 31, 2022, representing an increase of about 3.83%[14] - Long-term borrowings increased significantly from CNY 340,290,000.00 at the end of 2022 to CNY 628,090,000.00 by March 31, 2023, marking an increase of about 84.5%[14] - The company's total assets reached CNY 4,136,152,344.92 as of March 31, 2023, up from CNY 4,066,477,066.14 at the end of 2022, indicating a growth of approximately 1.71%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,703[9] - The largest shareholder, Leshan State-owned Assets Investment and Operation Group Co., Ltd., held 19.24% of the shares[9] Operational Highlights - The company did not report any new product developments or market expansion strategies during this quarter[11] - Total operating costs for Q1 2023 were CNY 773,094,980.04, up from CNY 725,425,189.07 in Q1 2022, indicating an increase of about 6.54%[16] - The gross profit margin decreased from 3.6% in Q1 2022 to -1.07% in Q1 2023, reflecting a decline in profitability[16] - The inventory level rose to CNY 52,417,033.29 in Q1 2023, compared to CNY 44,193,493.06 in Q1 2022, reflecting an increase of approximately 18.6%[13] - Investment income rose by 33.66%, mainly due to increased returns from associated companies[7] - The company reported a significant increase in cash reserves by 98.12%, attributed to funds allocated for market expansion[7]

乐山电力股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的 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： 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 05 月 11 日(星期四)至 05 月 17 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 600644@vip.163.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。 乐山电力股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日发布公司 2022 年年度报告，4 月 28 日发布公司 2023 年第一季 度报告，为便于广大投资者更全面深入地了解公司 2022 年度及 2023 年第一季度经营成果、财务状况，公司计划于 2023 年 05 月 18 日上 午 10:00-11:00 举行 2022 年度暨 2023 年第一季度业绩说明会，就投 资者关心的问题进行交流 ...

Financial Performance - In 2022, the company's operating revenue reached ¥2,872,491,915.46, an increase of 11.72% compared to ¥2,571,148,042.20 in 2021[27] - The net profit attributable to shareholders of the listed company was ¥70,581,335.76, a decrease of 39.99% from ¥117,613,621.56 in the previous year[27] - The net profit after deducting non-recurring gains and losses was ¥12,056,006.92, down 88.79% from ¥107,561,593.52 in 2021[27] - The net cash flow from operating activities was ¥136,202,403.00, a decline of 71.42% compared to ¥476,572,365.25 in the previous year[27] - As of the end of 2022, the net assets attributable to shareholders of the listed company were ¥1,790,441,106.94, an increase of 4.10% from ¥1,719,859,771.18 at the end of 2021[27] - Total assets at the end of 2022 amounted to ¥4,066,477,066.14, reflecting a 1.68% increase from ¥3,999,155,370.93 in 2021[27] - The company reported a cumulative undistributed profit of -¥243,731,685.89 at the end of 2022, indicating ongoing financial challenges[7] - The company did not propose any profit distribution or capital reserve transfer to shareholders for the year 2022 due to insufficient surplus reserves to cover losses[7] - Basic earnings per share decreased by 39.99% to CNY 0.1311 in 2022 compared to CNY 0.2184 in 2021[28] - The weighted average return on equity dropped by 3.10 percentage points to 4.02% in 2022 from 7.12% in 2021[28] Revenue and Sales - Total operating revenue for Q4 2022 was CNY 756,672,444.86, with a net profit attributable to shareholders of CNY -40,361,472.03[29] - The total electricity sales volume reached 5.10771 billion kWh, an increase of 33.05% year-on-year[33] - The company achieved a sales volume of 402,492 million kWh, an increase of 7.14% from 375,669 million kWh last year[48] - The company recorded a gas sales volume of 17,613 million cubic meters, up 6.02% from 16,614 million cubic meters last year[48] - The company reported a water sales volume of 6,026 million cubic meters, an increase of 10.48% compared to 5,454 million cubic meters last year[48] - The total electricity traded in the market increased to 2,452,497,151 kWh, representing a year-on-year growth of 401.92% compared to 488,621,053 kWh in the previous year[76] Operating Costs and Expenses - Operating costs rose by 17.84% to CNY 2,322,767,488.78, primarily due to increased electricity purchase costs[56] - Net cash flow from operating activities decreased by 71.42% to CNY 136,202,403.00, attributed to higher electricity purchase expenses[49] - The gross profit margin for the electricity business decreased by 6.99 percentage points to 14.57%[58] Investments and Assets - The company completed land transactions resulting in receivables of 68,194,900 RMB, contributing 45,625,792.96 RMB to the net profit for 2022[82] - The company invested a total of 4.02 million RMB in significant equity investments, with the largest being 3.48 million RMB in Sichuan Shengtian New Energy Development Co., holding a 21.60% stake[80] - The company has a total installed capacity of 715,940 kW, with 567,920 kW from hydropower, accounting for 56.92% of the total capacity[45] - The company has a water supply capacity of 240,000 cubic meters per day, with a pipeline network of 722.96 kilometers[46] Safety and Compliance - The company conducted 13 safety inspections, eliminating 1,169 safety hazards in key areas[34] - There are no violations of decision-making procedures regarding external guarantees[11] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[10] Governance and Management - The board of directors remains stable with 11 members, including 4 independent directors, ensuring compliance with governance standards[113] - The company has established a performance evaluation and incentive mechanism for senior management, linking compensation to operational performance metrics[116] - The company has implemented a transparent information disclosure system, ensuring timely and accurate communication with stakeholders[116] - The company has established strict management systems for insider information and external information users, ensuring compliance during the reporting period[117] Environmental and Social Responsibility - The company invested 3.2891 million yuan in environmental protection during the reporting period[164] - The company reduced carbon emissions by 5,746 tons through the use of clean energy generation and other carbon reduction measures[167] - The company has invested 600,000 yuan in poverty alleviation and rural revitalization projects, benefiting 500 people in the Xinxing Village[171] - The company has implemented a rural revitalization work plan, contributing 600,000 yuan to support industrial development and cultural initiatives in Xinxing Village[172] Future Plans and Projections - The company aims to achieve a power generation of 51,500 million kWh and a sales volume of 432,000 million kWh in 2023[102] - The budgeted operating revenue for 2023 is set at 314,616 million yuan, with total operating costs of 313,732 million yuan, resulting in a profit of 3,826 million yuan[102] - The company plans to maintain a power loss rate of 5.30%, a water leakage rate of 12.70%, and a gas transmission loss rate of 2.50%[102] - The company is focusing on digital transformation and enhancing its data value through a digital system centered on a data platform[100] Market and Competition - The company is facing risks from market competition in its electricity, natural gas, and water supply businesses, which may impact growth[106] - The company is expanding its market presence by enhancing cooperation and increasing its coverage in the electricity sales sector[104] Employee and Training - The total number of employees in the parent company is 1,051, while the total number of employees in major subsidiaries is 1,943, resulting in a combined total of 2,994 employees[146] - The company conducted over 6,162 training sessions throughout the year, utilizing more than 2.71 million yuan for training expenses[149] - The company emphasizes a performance-based salary system, linking total salary expenses to annual economic performance[147]

乐山电力股份有限公司 投资者关系活动记录表 | --- | --- | |---------------|-------------------------------------------------------------------------------------------------| | | 特定对象调研 分析师会议 媒体采访 | | 投资者 | 新闻发布会 现场参观 √业绩说明会 | | 关系活 动类别 | 现金分红说明会 业绩暨现金分红说明会 | | | 其他 | | 活动 名称 | 2021 年度业绩说明会 | | 活动 方式 | 网络互动 | | 参与单 位名称 | | | 及人员 | | | 时间 | 2022 年 5 月 25 日 15:00-16:00 | | | | | | | | 地点 | 上海证券交易所上证路演中心（ http://roadshow.sseinfo.com ） | | | | | | 董事长：林双庆先生 | | 公司接 待人员 | 独立董事：姜希猛先生 副总经理、董事会秘书：王迅先生 | | | 总经理：邱永志先生 总会计师：游涛先生 | | | | | ...

2022 年第三季度报告 证券代码：600644 证券简称：乐山电力 乐山电力股份有限公司 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 一、 主要财务数据 (一)主要会计数据和财务指标 2022 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | 162,696,204.46 | | -40.62 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | 0.0463 | -71.85 | 0.2060 | | -35.65 | | 稀释每股收益（元/股） | 0.0463 | -71 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,488,631,828.95, representing an increase of 18.42% compared to CNY 1,257,030,423.79 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was CNY 85,989,562.20, a 2.62% increase from CNY 83,797,269.36 in the previous year[20]. - The net cash flow from operating activities increased by 24.13% to CNY 134,264,037.72, compared to CNY 108,167,922.86 in the same period last year[21]. - The total assets at the end of the reporting period were CNY 4,009,013,370.59, a slight increase of 0.25% from CNY 3,999,155,370.93 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 5.00% to CNY 1,805,849,333.38, compared to CNY 1,719,859,771.18 at the end of the previous year[21]. - The basic earnings per share for the first half of 2022 was CNY 0.1597, up 2.62% from CNY 0.1556 in the same period last year[22]. - The diluted earnings per share also stood at CNY 0.1597, reflecting the same growth of 2.62% compared to the previous year[22]. - The weighted average return on equity decreased by 0.25 percentage points to 4.88% from 5.13% in the previous year[22]. - Operating profit was reported at 9,683.80 million yuan, a 5.30% increase from 9,196.58 million yuan in the previous year[31]. - The total profit for the first half of 2022 was ¥98,305,633.03, up from ¥92,979,098.78 in the first half of 2021, marking a 5.0% increase[122]. Revenue and Sales - The company achieved a total electricity generation of 26,284 million kWh, a 9.50% increase from 24,005 million kWh in the same period last year[31]. - The total electricity sales reached 204,901 million kWh, reflecting a growth of 14.61% compared to 178,775 million kWh in the previous year[31]. - The natural gas sales volume was 9,285 million cubic meters, up 3.24% from 8,994 million cubic meters year-on-year[31]. - The water sales volume increased by 21.14% to 2,918 million cubic meters, compared to 2,409 million cubic meters in the same period last year[31]. - The company’s electricity sales in Leshan accounted for 12.95% of total sales, a decrease of 1.06 percentage points compared to the previous year[26]. - The natural gas sales in Leshan accounted for 9.98% of total sales, an increase of 0.20 percentage points year-on-year[26]. Cash Flow and Investments - The net cash flow from investment activities showed a significant improvement, decreasing losses by 34.97% to -¥82,127,589.54 from -¥126,296,776.88[42]. - The net cash flow from financing activities decreased by 16.74% to -¥65,462,086.89 from -¥78,621,822.01 year-on-year[42]. - The cash inflow from financing activities totaled CNY 565,743,200.00, an increase of 49.0% compared to CNY 379,766,168.00 in the first half of 2021[128]. - The net cash flow from financing activities was -CNY 65,462,086.89, an improvement from -CNY 78,621,822.01 in the same period last year[128]. Operational Challenges - The company faces significant risks in its electricity business due to the transition from traditional sales pricing to a profit model based on transmission and distribution pricing, which negatively impacts operations[55]. - The natural gas business is under pressure from rising upstream prices and a shrinking installation market, leading to reduced profitability[56]. - The water supply business is experiencing losses due to unchanged sales prices and declining installation projects, exacerbated by increased market competition[56]. Strategic Initiatives - The company plans to enhance its electricity business by focusing on key industrial bases and integrating resources to reduce costs and improve efficiency[57]. - The company aims to manage natural gas pricing effectively and secure government subsidies for safety improvements and old pipeline renovations[58]. - The company is exploring diversified water service models and seeking government support for water price adjustments to reverse losses[58]. - The comprehensive energy service business is set to expand by leveraging energy data resources and entering carbon trading markets, aiming for a more integrated service model[58]. Governance and Management - The company held its annual general meeting on April 28, 2022, where several key proposals were approved, including the 2021 financial report and the 2022 budget report[62]. - The company appointed Qiu Yongzhi as the new general manager on May 23, 2022, with a term aligned with the 10th board of directors[66]. - The 10th board of directors was elected on May 23, 2022, with a term from May 23, 2022, to May 22, 2025, including independent directors Jin Ximeng, He Shuguang, Ji Li, and Pan Ying[66]. - The company’s financial decisions and governance changes reflect a strategic focus on stability and leadership continuity[67]. Social Responsibility and Community Engagement - The company donated 600,000 yuan in 2022 to support rural revitalization efforts, focusing on industry development and tourism[78]. - The company constructed 12.4 kilometers of industrial roads in the village to enhance agricultural product sales and attract investment opportunities[81]. - The village secured over 6 million yuan in project funding for rural tourism development, including the construction of a cultural corridor and various infrastructure improvements[84]. - The average income of 71 poverty alleviation households reached 16,500 yuan, with a projected year-on-year growth of 12%[85]. Financial Instruments and Risk Management - The company assesses expected credit losses based on the entire duration of receivables and contract assets, with historical default rates for notes receivable at zero, leading to an expected loss rate of 0%[190]. - The company categorizes receivables into several groups for expected credit loss calculations, with loss rates ranging from 3% for receivables within one year to 90% for those over five years[191]. - The company maintains a robust framework for managing financial instruments, focusing on minimizing credit risk and ensuring compliance with accounting standards[196].

2022 年第一季度报告 证券代码：600644 证券简称：乐山电力 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报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是√否 一、 主要财务数据 乐山电力股份有限公司 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 (一)主要会计数据和财务指标 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(%) | | | 营业收入 | 752,802,153.79 | | 23.21 | | 归属于上市公司股东的净利润 | 26,754,006.16 | | -28.16 | | 归属于上市公司股东的扣除非经常性损益的净利润 | 23,931,50 ...

Financial Performance - In 2021, the company achieved a total operating revenue of CNY 2,571,148,042.20, representing a year-on-year increase of 12.22% compared to CNY 2,291,204,881.07 in 2020[27]. - The net profit attributable to shareholders of the listed company for 2021 was CNY 117,613,621.56, an increase of 14.71% from CNY 102,535,347.58 in 2020[27]. - The net profit after deducting non-recurring gains and losses was CNY 107,561,593.52, which is a significant increase of 60.81% compared to CNY 66,886,467.10 in 2020[27]. - The net cash flow from operating activities for 2021 was CNY 476,572,365.25, up 16.69% from CNY 408,424,506.68 in 2020[27]. - As of the end of 2021, the net assets attributable to shareholders of the listed company were CNY 1,719,859,771.18, an increase of 8.21% from CNY 1,589,338,612.07 at the end of 2020[27]. - The total assets of the company at the end of 2021 were CNY 3,999,155,370.93, showing a slight increase of 0.01% from CNY 3,998,923,590.43 at the end of 2020[27]. - Basic earnings per share increased by 14.71% to CNY 0.2184 in 2021 compared to CNY 0.1904 in 2020[28]. - The company reported a cumulative undistributed profit of CNY -314,313,021.65 at the end of 2021, indicating ongoing financial challenges[7]. - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the year 2021 due to insufficient surplus reserves to cover losses[7]. Operational Highlights - The company added 23,080 new electricity users, 16,204 new water users, and 17,915 new gas users during the reporting period[34]. - The total sales volume of electricity reached 3.838 billion kWh, ranking 11th in the province[34]. - The company achieved a 100% completion rate for asset investment in 2021, up from 91% in 2020[35]. - The company completed significant projects including rural power grid upgrades and water supply network improvements during the reporting period[36]. - The company's electricity sales volume accounted for 13.89% of the total in Leshan City, an increase of 0.92 percentage points compared to the previous year[42]. - The gas sales volume in Leshan City accounted for 9.05%, a decrease of 0.45 percentage points compared to the previous year[42]. - The water sales volume in Leshan City accounted for 42.01%, an increase of 0.68 percentage points compared to the previous year[42]. - The average annual power outage time for users decreased by 9.95% year-on-year[38]. - The coverage rate of smart meters increased by 24.6% compared to the beginning of the year, achieving near full coverage[38]. Strategic Initiatives - The company initiated the establishment of a comprehensive energy service platform focusing on new energy and smart operations[34]. - The company is exploring new business avenues in water supply, including secondary water supply and direct drinking water services, to mitigate operational pressures[86]. - The company is enhancing its competitive edge in the comprehensive energy service market through the implementation of green and low-carbon technology innovations[87]. - The company plans to develop 100 million kilowatts of clean energy in Sichuan over the next decade, enhancing its position as a clean energy base[83]. - The company aims to achieve a power generation of 53,000 million kWh and a sales volume of 400,000 million kWh in 2022[93]. - The company is focused on improving asset management and aims for a fixed asset investment completion rate of 100%[95]. - The company is actively promoting reforms to improve operational mechanisms, including a performance management model and a new broadband salary system[96]. Governance and Compliance - The board of directors consists of 11 members, including 4 independent directors, ensuring compliance with legal and regulatory requirements[104]. - The company has established a performance evaluation and incentive mechanism for senior management, linking their compensation to the achievement of operational targets[108]. - The company has implemented a strict information disclosure management system, ensuring timely and accurate information dissemination to all shareholders[108]. - The company has a comprehensive risk control mechanism for external guarantees, ensuring that the risks are manageable and do not harm the interests of shareholders[103]. - The company respects the rights of all stakeholders, including creditors, employees, suppliers, and customers, promoting sustainable development[108]. Challenges and Risks - The company has indicated potential risks in its future development strategies, which investors should be aware of[12]. - The company faces significant risks in its electricity business due to the transition to a transmission and distribution pricing model, which has negatively impacted profitability[97]. - In the natural gas sector, the company is experiencing increased procurement costs and supply losses due to rising prices and a lack of a pricing mechanism[98]. Community Engagement - In 2021, the company donated 600,000 yuan to support rural revitalization efforts in Xingxing Village, which was recognized as a "Demonstration Village for Rural Governance" in Sichuan Province[166]. - The village plans to enhance its agricultural production by improving the quality of highland vegetables and expanding the planting areas of various crops, including 80 acres of peach and 40 acres of yellow flowers[170]. - The village aims to develop a standardized production system to ensure product quality and safety, with a focus on establishing a traceability system for agricultural products[170]. - The village is leveraging e-commerce platforms to expand sales channels for its agricultural products, aiming to create a well-known brand "Xingyao Foods" and promote local specialties[170]. - The village is committed to poverty alleviation by implementing monitoring and support mechanisms for vulnerable populations, ensuring access to education, health, and housing[172]. Future Outlook - The company plans to maintain a power loss rate of 6.50%, a water leakage rate of 13.87%, and a gas transmission loss rate of 3.10%[93]. - The budgeted operating revenue for 2022 is 266,301 million yuan, with total operating costs estimated at 266,115 million yuan, resulting in a profit of 3,842 million yuan[93]. - The company aims to enhance market competitiveness through comprehensive market-oriented reforms and digital transformation[92].