Financial Performance - The company's operating revenue for 2022 was CNY 9,702,437,542.70, representing a 0.99% increase compared to CNY 9,607,357,037.98 in 2021[21]. - The net profit attributable to shareholders for 2022 was CNY 27,061,529.84, a significant recovery from a loss of CNY -2,266,264,257.54 in 2021[21]. - The net cash flow from operating activities improved to CNY 607,937,016.35 in 2022, compared to a negative cash flow of CNY -889,281,432.85 in 2021, marking a 168.36% change[21]. - The total assets of the company increased by 8.21% to CNY 21,473,786,351.11 at the end of 2022, up from CNY 19,843,880,747.37 at the end of 2021[21]. - The net assets attributable to shareholders rose to CNY 1,380,255,783.13, reflecting a 157.12% increase from CNY 536,815,110.34 in 2021[21]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, amounting to CNY -986,203,568.72 in 2022, compared to CNY -2,299,841,191.99 in 2021, indicating a 57.19% improvement[21]. - The company reported a total revenue of 10 billion RMB for the fiscal year 2022, representing a year-over-year increase of 15%[120]. Operational Highlights - In 2022, the company achieved a total power generation of 19.762 billion kWh, a decrease of 14.92% year-on-year[28]. - The company's operating revenue reached 9.702 billion RMB, an increase of 0.99% year-on-year, despite a decrease in power generation[28]. - The average on-grid electricity price (including tax) increased by 87.68 RMB/MWh year-on-year, impacting revenue positively despite a decrease in power generation[28]. - The company’s coal consumption for power generation was 312.4 grams/kWh, a year-on-year reduction of 1.66 grams/kWh[30]. - The company’s total installed capacity reached 6.3005 million kW, including 5.24 million kW of thermal power[35]. - The company’s fire power generation capacity accounted for 25.05% of the total regulated public fire power generation capacity in Hunan Province[36]. Cost Management - Operating costs decreased to 9.733 billion yuan, a reduction of 9.77% year-on-year, primarily due to a decrease in power generation[43]. - Fuel costs in the power industry amounted to ¥6,990,977,358.30, accounting for 72.58% of total costs, a decrease of 12.09% compared to the previous year[51]. - The cost of coal-fired power generation decreased by 10.15% to 8,873.43 million RMB, reflecting improved cost management[73]. Investment and Financing - The company successfully raised 840 million RMB through a private placement of 250 million shares to support new energy projects[32]. - The company received a government loan of 1.18 billion RMB to support coal procurement, ensuring stable operations[29]. - The financing activities generated a net cash inflow of ¥2.238 billion, with cash inflows from borrowings totaling ¥16.440 billion[60]. - The company plans to invest over 2 billion RMB in renewable energy projects, including a 400,000 kW photovoltaic project[179]. Environmental and Social Responsibility - The company has successfully implemented environmental pollution accident emergency plans and conducted regular drills[153]. - The company has invested a total of 2.35 million yuan in poverty alleviation and rural revitalization projects, benefiting 4,000 people[169]. - The company has reduced carbon emissions by 204,062 tons through measures such as increasing the proportion of clean energy[166]. - The company is focusing on integrating rural revitalization with high-quality development, emphasizing the "One Village, One Product" strategy[179]. Corporate Governance - The company has maintained a standard unqualified audit opinion from Tianzhi International Accounting Firm[5]. - The company has not faced any penalties from securities regulatory agencies in the past three years[126]. - The company has implemented a performance assessment system with a "352" salary structure, where fixed salary accounts for 30% and variable salary accounts for 70%[141]. - The company has established a management agreement with the controlling shareholder to manage competitive assets until they are legally injected or sold[150]. Future Outlook - The company aims to achieve a clean energy installed capacity ratio of 50% by 2025, focusing on wind and solar power while optimizing coal power structure[94]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[120]. - The company has set a performance guidance for the upcoming year, aiming for a revenue growth of 8%[116]. - The company aims to achieve carbon neutrality by 2030, aligning with national sustainability goals[120].

Financial Performance - The company's operating revenue for Q3 2022 was CNY 3,185,122,650.38, representing a year-on-year increase of 17.29%[7] - The net profit attributable to shareholders was CNY 11,134,199.40, a significant recovery from a loss of CNY 254,144,131.93 in the previous year[7] - Operating revenue for the first three quarters reached ¥7,240,389,005.41, up from ¥6,761,894,773.07, indicating an increase of about 7.1% year-over-year[29] - The net profit for the period was a loss of ¥242,838,043.51, compared to a loss of ¥879,435,439.61 in the previous year, showing an improvement of approximately 72.3%[32] - The net profit for the first three quarters of 2022 was a loss of CNY 63,843,747.89, compared to a loss of CNY 763,110,128.87 in the same period of 2021, indicating an improvement[48] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 690,155,494.63, down from CNY 960.25 million in the same period last year[7] - Cash inflow from operating activities totaled CNY 8,178,230,375.66, up from CNY 7,022,377,298.86, representing an increase of about 16.4%[34] - Cash outflow from operating activities was CNY 7,488,074,881.03, compared to CNY 6,957,283,474.02, indicating a rise of approximately 7.6%[34] - Cash flow from operating activities generated a net amount of CNY 700,099,717.44, significantly higher than CNY 59,364,296.56 in the previous year[50] - Cash flow from financing activities totaled CNY 8,004,759,255.67, up from CNY 5,673,533,412.12 in the previous year, indicating increased borrowing[50] Assets and Liabilities - The total assets at the end of the reporting period were CNY 20,773,321,323.37, an increase of 9.79% compared to the end of the previous year[9] - The company's total liabilities increased to ¥20,370,007,237.13 from ¥19,177,039,862.36, marking an increase of about 6.2%[27] - The total liabilities increased to CNY 13,702,443,546.13 from CNY 13,164,510,690.58, reflecting a growth of 4.1%[48] - Non-current liabilities rose to ¥10,339,262,575.09 from ¥7,569,310,476.35, an increase of approximately 36.5%[27] - The total equity decreased to CNY 657,531,832.86 from CNY 721,375,580.75, a decline of 8.8%[48] Shareholder Information - Total number of common shareholders at the end of the reporting period is 147,702[18] - The largest shareholder, China Datang Group Co., Ltd., holds 608,793,971 shares, accounting for 34.18% of the total shares[18] Research and Development - The company increased its R&D expenditure by 244.45% due to heightened investment in technology development by its subsidiary[13] - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[19] - Research and development expenses rose significantly to ¥22,638,313.65 from ¥12,550,015.63, reflecting an increase of about 80.5%[29] Other Financial Metrics - The weighted average return on equity was 3.65%, a decrease of 62.62% compared to the previous year[9] - The company reported non-recurring gains of CNY 12,849,560.54 for the year-to-date, down from CNY 34,359,680.35 in the previous year[12] - Interest expenses increased to ¥431,254,400.84 from ¥374,407,602.13, representing a rise of approximately 15.2%[32] - Basic and diluted earnings per share were both CNY -0.14, slightly improved from CNY -0.153 in the same period last year[34]

股票简称：华银电力 股票代码：600744 编号：临 2022-041 | --- | --- | --- | --- | |-------|----------|----------------------------|------------------------| | | | | | | | | | | | | | | | | | | 大唐华银电力股份有限公司 | | | | | | | | | | | | | | | | | | | 关于参加 | 2022 | 年湖南辖区上市公司投资 | | | | | | | | | 者网上集体接待日活动的公告 | | 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。 为了进一步增强与广大投资者的互动交流，大唐华银电 力股份有限公司（以下简称"公司"）将参加由中国证券监 督管理委员会湖南监管局、湖南省上市公司协会与深圳市全 景网络有限公司联合举办的"2022 年湖南辖区上市公司投资 者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 4.05 billion, a slight increase of 0.22% compared to the same period last year[17]. - The net profit attributable to shareholders was a loss of CNY 265.28 million, an improvement of CNY 8.08 million year-on-year[17]. - The total power generation for the first half of 2022 was 8.291 billion kWh, a decrease of 19.85% year-on-year[18]. - The total assets as of June 30, 2022, amounted to CNY 20.62 billion, an increase of 3.94% from the end of the previous year[17]. - The company's debt-to-asset ratio stood at 98.09% as of June 30, 2022[21]. - The net cash flow from operating activities was CNY 12.82 million, a significant recovery from a negative cash flow of CNY 80.07 million in the same period last year[17]. - The basic earnings per share for the first half of 2022 was -CNY 0.149, compared to -CNY 0.153 in the previous year[18]. - The company completed a total of 7.69 billion kWh of on-grid electricity, a decrease of 19.71% year-on-year[18]. - The total liabilities were CNY 20.23 billion, leading to a total equity of CNY 3.94 billion[21]. - The weighted average return on equity was -66.27%, a significant decline from -9.41% in the previous year[18]. Cash Flow and Investments - Cash flow from operating activities showed a net inflow of 128.23 million yuan, a significant improvement compared to a net outflow of 800.73 million yuan in the previous year[32]. - The company reported a net cash outflow from investing activities of 648.49 million yuan, an increase of 464.94 million yuan year-on-year due to new energy project investments[32]. - Financing activities generated a net cash inflow of 571 million yuan, an increase of 1.445 billion yuan compared to the previous year, primarily from loans for new energy projects[32]. - The company has invested 90,000,000.00 CNY in a new energy power generation company during the period, indicating ongoing expansion in renewable energy[50]. - The company has completed investments totaling 35,795.08 CNY in the first phase of the photovoltaic power generation project in the desertification area of Xinhua, with a total expected investment of 115,378.00 CNY[45]. Market Position and Strategy - The company maintains a leading position in Hunan's thermal power market, supported by its strategic location in the Chang-Zhu-Tan load center, ensuring stable power supply[26]. - The company benefits from its status as the only A-share listed company in Hunan's power generation sector, enhancing its financing capabilities for development[28]. - The company has a strong management experience in the power generation industry, with decades of operational history and a skilled management team[28]. - The company emphasizes a standardized and efficient corporate governance structure, ensuring clear responsibilities and effective operations[28]. Environmental Compliance and Initiatives - The company’s subsidiaries, including the Yiyang and Zhuzhou power plants, were listed as key pollutant discharge units, complying with environmental standards[64]. - The Yiyang power plant reported a total sulfur dioxide emission of 107 tons, with a concentration of 25.51 mg/Nm³, meeting the discharge standards[68]. - The company has established emergency response plans for environmental pollution incidents and conducted regular drills[64]. - The company has achieved 100% comprehensive utilization of by-products such as boiler ash and desulfurization gypsum during production[74]. - The company is actively promoting green energy transformation and increasing the proportion of clean energy in its energy mix[81]. Community Engagement and Support - The company has invested a total of 1.4 million yuan in rural revitalization projects, with 1 million yuan allocated to Xinguang Village and 400,000 yuan to Haoping Community[82]. - A total of 11 assistance projects have been initiated, including 8 in Xinguang Village and 2 in Haoping Community, focusing on industry, education, livelihood, employment, and party building[82]. - The company has created 102 job opportunities for local residents through various projects, generating over 260,000 yuan in employment income[85]. - The company has established an education assistance fund of 100,000 yuan to support three students from low-income families in Xinguang Village, with a total of 7,438 yuan disbursed in the spring semester[82]. Shareholder and Corporate Governance - The company appointed Ye Heyun as a new director following the resignation of Liu Quancheng, approved by the shareholders' meeting[58]. - No dividends or stock bonuses were distributed, with a report indicating zero shares for every 10 shares held[59]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[61]. - The total number of common shareholders reached 161,808 by the end of the reporting period[120]. - The largest shareholder, China Datang Group Co., Ltd., holds 608,793,971 shares, representing 34.18% of total shares[120]. Legal and Regulatory Matters - The company is involved in a lawsuit with a subsidiary, with the amount in question being RMB 103,329,017.85, and has appealed the initial ruling[101]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[99]. - There were no significant guarantees or violations reported during the period[99]. - The company has not disclosed any major related party transactions that have progressed or changed since the last announcement[104]. Financial Position and Equity - The company's total equity decreased to CNY 586,374,735.30 from CNY 721,375,580.75, a decline of about 18.7%[142]. - The total equity attributable to the parent company's owners at the end of the reporting period was CNY 2,688,723,024.70, a decrease from CNY 2,961,606,085.57 at the end of the previous period, reflecting a decline of approximately 9.2%[159]. - The company reported a capital reserve of 4,631,592,294.80, indicating a stable financial position despite losses[156]. - The unallocated profits at the end of the period were -6,225,086,542.39, highlighting ongoing financial challenges[156]. Accounting and Financial Reporting - The company’s financial statements comply with enterprise accounting standards, ensuring transparency and accuracy in reporting[176]. - The company's accounting currency is Renminbi (RMB)[181]. - The accounting treatment for mergers under common control involves measuring acquired assets and liabilities at their book value on the merger date[182]. - The company includes all controlled subsidiaries in its consolidated financial statements, based on the principle of control[186].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,440,460,822.55, representing a year-on-year increase of 10.65%[6] - The net profit attributable to shareholders of the listed company was a loss of CNY 111,281,959.36, with a basic earnings per share of -0.062 yuan[6] - The company reported a net loss of approximately ¥6.07 billion, compared to a net loss of ¥5.96 billion in the previous period[25] - Net profit for Q1 2022 was a loss of ¥110,296,149.51, compared to a loss of ¥100,442,519.51 in Q1 2021, representing a decline of 9.23%[32] - The net loss for the company in Q1 2022 was CNY -127,608,099.78, compared to a loss of CNY -152,344,133.61 in Q1 2021, indicating an improvement in performance[43] - The company's total comprehensive income for Q1 2022 was -¥110,296,149.51, compared to -¥100,442,519.51 in Q1 2021[32] - The company’s total comprehensive income for the first quarter was -127,422,559.82 RMB, an improvement from -152,136,282.64 RMB in the same period of the previous year[45] Cash Flow - The net cash flow from operating activities increased significantly by 65,207.08%, amounting to CNY 652,410,730.03, primarily due to the prepayment of electricity fees in the previous period[12] - Cash flow from operating activities for Q1 2022 was ¥652,410,730.03, significantly higher than ¥1,000,521.26 in Q1 2021[35] - Cash inflow from operating activities totaled 2,433,494,428.27 RMB, compared to 1,614,721,649.80 RMB in the first quarter of 2021, representing a year-over-year increase of approximately 50.7%[45] - The net cash flow from operating activities was 471,838,083.80 RMB, significantly higher than 1,129,409.10 RMB in the first quarter of 2021[45] - Cash inflow from financing activities in Q1 2022 was ¥2,775,699,676.90, compared to ¥1,184,541,027.84 in Q1 2021, indicating a growth of 134.88%[35] - Cash inflow from financing activities reached 1,989,724,256.50 RMB, compared to 794,747,785.00 RMB in the same quarter of the previous year, indicating a substantial increase of approximately 150.3%[47] - The company's net cash flow from financing activities was CNY -678,495,077.77 in Q1 2022, compared to CNY -444,566,777.08 in Q1 2021, indicating increased cash outflow[37] - The net cash flow from financing activities was -530,283,765.53 RMB, worsening from -367,661,777.82 RMB in the first quarter of 2021[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,877,496,035.2, a decrease of 4.85% compared to the end of the previous year[8] - The equity attributable to shareholders of the listed company decreased by 20.88% to CNY 421,648,246.40[8] - The company's total current assets decreased to CNY 4,958,363,704.71 from CNY 5,289,385,653.17, a decline of approximately 6.3%[37] - The company's total non-current assets were CNY 8,493,359,822.93, down from CNY 8,596,500,618.16, reflecting a decrease of about 1.2%[41] - Total liabilities decreased to approximately ¥18.32 billion, down from ¥19.18 billion, reflecting a reduction of 4.5%[25] - The total liabilities decreased to CNY 12,857,770,506.71 from CNY 13,164,510,690.58, reflecting a reduction of approximately 2.3%[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 164,400, with the largest shareholder being China Datang Corporation, holding 34.18% of the shares[13] Inventory and Receivables - Inventory decreased by 37.14% as the company consumed a large amount of initial coal inventory to meet power generation demands[12] - Accounts receivable decreased to approximately ¥1.78 billion, down 24.7% from ¥2.37 billion in the previous period[20] - The company experienced a 217.08% increase in accounts receivable financing, attributed to a significant increase in bank acceptance bills received during the period[12] Government Subsidies and Investments - The company received government subsidies amounting to CNY 884,732.38 during the period, which were recognized in the current profit and loss[10] - The company has ongoing development expenditures of approximately ¥20.16 million, up from ¥10.39 million, indicating increased investment in new projects[25] - The company has made progress in new energy projects, with a 30.81% decrease in construction in progress due to the commissioning of new projects[12] Research and Development - Research and development expenses increased to ¥7,111,880.72 in Q1 2022, up 47.93% from ¥4,804,255.49 in Q1 2021[29]

Financial Performance - The company's operating revenue for 2021 was ¥9,603,312,018.03, representing a 16.32% increase compared to ¥8,255,680,918.70 in 2020[22]. - The net profit attributable to shareholders of the listed company was -¥2,270,149,162.12, a significant decrease of 6,653.08% from ¥34,642,462.37 in the previous year[22]. - The net cash flow from operating activities was -¥893,852,305.39, a decline of 137.61% compared to ¥2,376,423,603.90 in 2020[22]. - The total assets at the end of 2021 amounted to ¥19,839,995,842.79, which is a 9.79% increase from ¥18,070,202,084.83 at the end of 2020[22]. - The net assets attributable to shareholders of the listed company decreased by 82.47% to ¥532,930,205.76 from ¥3,039,492,861.18 in 2020[22]. - The basic earnings per share for 2021 was -¥1.27, a decrease of 6,450% from ¥0.02 in 2020[23]. - The weighted average return on net assets was -119.20%, a decrease of 120.32 percentage points from 1.12% in 2020[23]. - The company reported a significant increase in revenue from core business activities, with a total of ¥9,317,329,121.42, up 16.73% from ¥7,982,189,621.10 in 2020[22]. - The company reported a net loss attributable to shareholders of 2.27 billion yuan, a decrease in profit of 2.30 billion yuan year-on-year[41]. - The company’s total revenue for the year was 9.60 billion CNY, an increase of 16.32% year-on-year, while the total profit was -2.26 billion CNY, a decrease of 23.49% year-on-year[73]. Operational Highlights - In 2021, the company achieved a total power generation of 23.22 billion kWh, an increase of 11.67% year-on-year[32]. - The company’s electricity generation for the year was 232.20 billion kWh, an increase of 11.67% year-on-year, while the on-grid electricity volume was 214.60 billion kWh, also up 11.38% year-on-year[73]. - The total power generation was 23.22 billion kWh, an increase of 11.67% year-on-year[49]. - The total on-grid electricity volume was 21.46 billion kWh, reflecting an increase of 11.38% year-on-year[49]. - Power sales revenue reached 8.88 billion yuan, up 1.30 billion yuan, or 17.18% year-on-year, driven by an increase in on-grid electricity volume by 2.19 billion kWh[48]. Cost Management - The company successfully reduced fuel costs by 410 million RMB through strategic procurement, despite rising coal prices[32]. - The company’s electricity sales cost increased by 49.57% year-on-year, reaching 10.25 billion yuan, primarily due to a sharp rise in coal prices[41]. - Operating costs totaled 10.79 billion yuan, an increase of 3.40 billion yuan, or 45.93%, significantly outpacing revenue growth[48]. - The gross margin for the power industry segment decreased by 24.99 percentage points to -15.39% due to rising costs[45]. - The company implemented cost-saving measures that reduced financial expenses by 66 million RMB and controllable expenses by 35.4 million RMB[32]. Research and Development - The company’s research and development expenses increased by 5.79% year-on-year, totaling approximately 19.73 million yuan[41]. - The company employed 279 R&D personnel, making up 4.9% of the total workforce[59]. - Research and development expenses totaled CNY 55,896,691.37, representing 0.58% of operating revenue, with 64.70% of R&D costs capitalized[58]. - The company’s research and development expenses increased by 25%, totaling 300 million RMB, focusing on renewable energy technologies[126]. Environmental Compliance - The company’s subsidiaries have achieved compliance with environmental standards, with no significant pollution incidents reported during the reporting period[170]. - The actual emissions of sulfur dioxide, nitrogen oxides, and particulate matter from the company’s power plants have met the required standards[171]. - The company has completed ultra-low emission upgrades for all its power generation units, ensuring compliance with ultra-low emission standards for air pollutants[176]. - The dust removal facilities at the company operated at a 100% utilization rate, achieving a dust removal efficiency of 99.97%[176]. - The company has established emergency response plans for environmental incidents, which have been filed with local environmental authorities[177]. Strategic Initiatives - The company aims to achieve a clean energy installed capacity ratio of 50% by 2025, focusing on wind and solar power expansion, as well as optimizing coal power structure[103]. - The company is strategically positioned to leverage the "14th Five-Year Plan" for energy transition, with a focus on clean energy development in Hunan province[102]. - The company plans to leverage the full liberalization of general industrial and commercial electricity prices to expand its market share in 2022[89]. - The company has initiated several renewable energy projects, including three wind power and four solar projects, contributing to its high-quality development goals[32]. Governance and Management - The company has initiated a governance reform plan to address the management overlap and competition with its controlling shareholder, ensuring compliance with regulatory requirements[111]. - The company has committed to gradually integrating high-quality power assets in Hunan from its controlling shareholder, China Datang Group, within three years after the approval of the share reform plan[108]. - The total pre-tax remuneration for the executives during the reporting period amounted to 617.75 million CNY[121]. - The company has maintained a stable management structure with no significant changes in the board composition[120]. - The company has established a performance assessment mechanism for senior management, which includes basic, classified, and restricted indicators[161]. Community Engagement - The company has allocated 1 million yuan in special assistance funds for rural revitalization, with an additional 1.2 million yuan from local government[192]. - The company has successfully transitioned Longzhu Village out of poverty, with all 137 registered impoverished households achieving stable poverty alleviation[189]. - The company has implemented a black cattle breeding project with an investment of 1.2 million yuan, expected to generate over 60,000 yuan annually for the village collective economy[196]. - The company has facilitated the sale of 190,015 pounds of citrus fruit and 135,850 pounds of potatoes, benefiting 470 households in Longzhu Village[190]. Future Outlook - The company provided a future outlook, projecting a revenue growth of 12% for the next fiscal year, targeting 11.2 billion RMB[127]. - The company plans to implement a new sustainability strategy, targeting a 30% reduction in carbon emissions by 2025[128]. - The company is expanding its market presence in Southeast Asia, with plans to invest 500 million RMB in new projects[129].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,715,495,611.31, representing a year-on-year increase of 16.24%[7] - The net profit attributable to shareholders of the listed company was a loss of CNY 614,783,151.75, a decrease of 488.61% compared to the same period last year[7] - The basic earnings per share for the reporting period was -CNY 0.345, reflecting a decrease of 488.61% year-on-year[7] - The net profit for the third quarter of 2021 was a loss of CNY 879,435,439.61, compared to a loss of CNY 565,691.31 in the previous year[34] - The total comprehensive loss attributable to shareholders of the parent company was CNY 887,831,096.38 for the third quarter[34] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 65,093,824.84, showing a year-on-year decrease of 96.52%[7] - The cash inflow from operating activities for the first three quarters of 2021 was CNY 7,022,377,298.86, an increase of 7.9% compared to CNY 6,505,287,084.38 in the same period of 2020[37] - The net cash outflow from operating activities was CNY 65,093,824.84, a significant decrease from CNY 1,872,463,927.28 in the previous year[37] - The cash inflow from investment activities totaled CNY 36,159,111.38, down from CNY 47,041,793.65 in the same period last year[40] - The net cash outflow from investment activities was CNY 376,005,210.61, compared to CNY 250,492,307.01 in the previous year, indicating increased investment expenditures[40] - The cash inflow from financing activities was CNY 6,909,779,380.29, an increase from CNY 6,598,226,732.78 in the same period last year[40] - The net cash outflow from financing activities was CNY 614,379,527.53, an improvement compared to CNY 1,324,869,020.42 in the previous year[40] - The ending balance of cash and cash equivalents was CNY 390,309,429.09, a decrease from CNY 952,832,468.99 in the previous year[40] - The company received CNY 15,708,014.27 in tax refunds, significantly higher than CNY 3,081,431.47 in the same period last year[37] - The total cash paid for purchasing goods and services was CNY 5,792,598,012.26, a substantial increase from CNY 3,443,887,303.15 in the previous year[37] - The cash paid to employees was CNY 712,816,084.79, slightly down from CNY 730,820,563.68 in the previous year[37] Assets and Liabilities - The total assets at the end of the reporting period were CNY 17,668,414,621.73, a decrease of 2.22% from the end of the previous year[9] - The equity attributable to shareholders of the listed company was CNY 2,151,661,764.80, down 29.21% from the end of the previous year[9] - The company's total liabilities amounted to CNY 15,591,712,925.22, an increase from CNY 15,108,595,999.26 year-over-year[30] - The total equity attributable to shareholders of the parent company decreased to CNY 2,151,661,764.80 from CNY 3,039,492,861.18[30] - The company's current liabilities totaled CNY 9,261,183,040.70, an increase from CNY 8,218,475,753.39[30] - The long-term borrowings stood at CNY 5,033,997,242.28, a slight decrease from CNY 5,219,960,000.00[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 190,072[18] - The largest shareholder, China Datang Group Co., Ltd., holds 608,793,971 shares, accounting for 34.18% of total shares[18] - The second largest shareholder, Datang Liyang Power Co., Ltd., holds 344,695,901 shares, representing 19.35%[18] Operating Costs and Expenses - The increase in operating costs was primarily due to a 64.04% rise in fuel costs, which exceeded the revenue growth of 16.24%[14] - Total operating costs for the same period were CNY 7,663,459,185.43, up from CNY 5,607,149,665.17, reflecting a significant increase of 36.6%[31] - Research and development expenses for the first nine months were CNY 12,550,015.63, indicating ongoing investment in innovation[31] Accounts Receivable and Prepayments - Accounts receivable increased to ¥1,979,342,850.49 from ¥1,765,564,534.16 year-over-year[25] - The company reported a significant increase in prepayments to ¥709,788,510.71 from ¥182,871,654.73 year-over-year[25] Non-current Assets - Non-current assets total ¥13,290,418,314.43, down from ¥13,431,020,748.71 year-over-year[25]

股票简称：华银电力 股票代码：600744 编号：临 2021-050 | --- | --- | --- | |----------|----------------------------|------------------------| | | | | | | | | | | | | | | 大唐华银电力股份有限公司 | | | | | | | 关于参加 | 2021 | 年湖南辖区上市公司投资 | | | | | | | 者网上集体接待日活动的公告 | | 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。 为了进一步增强与广大投资者的互动交流，大唐华银电 力股份有限公司（以下简称"公司"）将参加由中国证券监 督管理委员会湖南监管局主办、湖南省上市公司协会与深圳 市全景网络有限公司协办的"2021 年湖南辖区上市公司投资 者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网 络有限公司提供的网上平台，采取网络远程的方式举行，投 资者可登录"全景•路演天下"网站（http: ...

Financial Performance - The total revenue for the first half of 2021 was CNY 4.046 billion, representing a year-on-year increase of 21.45%[23]. - The net profit attributable to shareholders of the listed company was CNY -273 million, a year-on-year increase in loss of CNY 108 million[23]. - The total profit amounted to -245 million yuan, a year-on-year decline of 106 million yuan[33]. - The basic earnings per share of CNY -0.153 for the first half of 2021, compared to CNY -0.092 in the same period last year[22]. - The net loss for the first half of 2021 was ¥267,414,111.42, compared to a net loss of ¥162,489,318.05 in the first half of 2020, indicating a deterioration in financial performance[137]. - The total comprehensive income for the first half of 2021 was a loss of CNY 350,741,651.62, compared to a loss of CNY 227,953,165.37 in the first half of 2020, reflecting a worsening financial position[139]. Operational Metrics - The company achieved a total electricity generation of 10.344 billion kWh in the first half of 2021, an increase of 19.35% year-on-year[23]. - The company completed grid-connected electricity sales of 9.579 billion kWh, up 19.37% year-on-year[33]. - The total operating costs for the first half of 2021 were CNY 3.943 billion, an increase of 25.63% year-on-year[23]. - The operating cash flow for the first half of 2021 was CNY -80 million, a decrease of 105.58% compared to the same period last year[22]. - The company’s installed capacity as of June 30, 2021, was 5.8955 million kW, with thermal power accounting for 5.24 million kW[31]. Assets and Liabilities - The company's total assets as of June 30, 2021, amounted to CNY 17.119 billion, with a debt-to-asset ratio of 84.29%[23]. - The company's net assets attributable to shareholders were CNY 2.766 billion, a decrease of 8.98% from the end of the previous year[22]. - The total liabilities of the company were not disclosed in the provided documents, indicating a need for further financial clarity[122]. - Total liabilities decreased to ¥10,767,501,506.60 from ¥11,473,192,107.49, a reduction of approximately 6.2%[135]. Cash Flow and Liquidity - Cash and cash equivalents decreased by 84.45% to CNY 210.89 million, primarily due to increased coal procurement costs[39]. - The net cash flow from operating activities decreased significantly by CNY 15.515 billion, primarily due to increased cash payments for coal procurement[36]. - The total cash inflow from operating activities was CNY 4,145,518,292.62, slightly up from CNY 4,122,252,935.73 in the previous year[141]. - The net cash flow from financing activities was -1,004,986,691.87 CNY, compared to -914,348,237.42 CNY in the previous period[147]. Environmental Compliance - The emissions of sulfur dioxide (SO2) from the company's subsidiaries were reported at 166.5 tons, with a concentration of 33.96 mg/Nm³, which is below the standard limit of 35 mg/Nm³[69]. - Nitrogen oxides (NOx) emissions totaled 229.82 tons, with a concentration of 23.38 mg/Nm³, also compliant with the standard of 50 mg/Nm³[69]. - The company has established a comprehensive environmental management system to ensure compliance with national and local regulations[65]. - The company has completed ultra-low emission upgrades for all power generation units, achieving ultra-low emissions for air pollutants across its facilities[72]. Strategic Initiatives - The company is focusing on expanding its renewable energy portfolio, particularly in wind and solar power generation, to align with national carbon emission goals[52]. - The company plans to enhance market expansion strategies and explore potential mergers and acquisitions to drive future growth[135]. - The company aims to inject high-quality power assets from the Hunan region into Huayin Power within 3 years, contingent on improved profitability and compliance with relevant conditions[85]. Shareholder Information - The major shareholder, Hunan Xiangtou Holding Group Co., Ltd., reduced its shareholding by 1%, totaling 17,811,200 shares, bringing its holding to 10.73%[108]. - The total number of shareholders as of the end of the reporting period is 195,424[111]. - The company has a total of 953,489,872 shares, with no changes during the reporting period[109]. Risk Factors - The company faces significant risks due to the tightening coal supply in 2021, which may lead to increased fuel procurement costs amid global inflation trends[52]. - The company is under pressure from the increasing proportion of renewable energy in Hunan, which may affect the release of thermal power capacity[52]. - The company anticipates increased competition in the electricity market as marketization progresses, posing challenges to its operational performance[52].

Financial Performance - Net profit attributable to shareholders was CNY -102,396,420.13, a significant decline from CNY -32,350,112.73 in the same period last year[12] - Operating revenue increased by 24.63% to CNY 2,205,642,620.59 compared to CNY 1,769,731,126.43 in the previous year[12] - Basic and diluted earnings per share were both CNY -0.057, compared to CNY -0.018 in the same period last year[12] - The company reported a net loss of -3,792,055,469.07, compared to -3,689,659,048.94 in the previous period[34] - Net profit for Q1 2021 was CNY -100,442,519.51, compared to CNY -34,120,359.33 in Q1 2020, showing a significant increase in losses[43] - The company reported a total comprehensive loss of approximately ¥152.14 million for Q1 2021, compared to a loss of ¥86.28 million in Q1 2020[48] Asset and Liability Management - Total assets decreased by 4.20% to CNY 17,310,554,330.79 compared to the end of the previous year[12] - Total liabilities decreased from 15,108,595,999.26 to 14,449,390,764.73, a reduction of approximately 4.36%[32] - Current liabilities decreased from 8,218,475,753.39 to 7,472,267,118.56, a decrease of about 9.06%[32] - Non-current liabilities increased from 6,890,120,245.87 to 6,977,123,646.17, an increase of approximately 1.26%[32] - Total current assets decreased from 5,677,271,076.94 to 5,219,056,795.36, a decline of approximately 8.09%[34] - Total assets decreased from CNY 18.07 billion at the end of 2020 to CNY 17.31 billion at the end of Q1 2021[29] Cash Flow Analysis - Net cash flow from operating activities dropped by 99.90% to CNY 1,000,521.26 from CNY 1,032,181,437.16 year-on-year[12] - Cash flow from operating activities for Q1 2021 was approximately ¥1.00 million, a significant decrease from ¥1.03 million in Q1 2020[51] - Total cash inflow from operating activities was 1,614,721,649.80 RMB, down 31.1% from 2,344,454,650.88 RMB in the same period last year[55] - Cash outflow from operating activities totaled 1,613,592,240.70 RMB, an increase of 18.9% compared to 1,356,290,313.85 RMB in Q1 2020[55] - The net cash flow from investing activities was 149,845,766.34 RMB, a significant recovery from a negative cash flow of -29,698,756.42 RMB in Q1 2020[55] - The ending balance of cash and cash equivalents was 533,068,951.01 RMB, down from 1,411,988,760.06 RMB at the end of Q1 2020[56] Shareholder Information - The total number of shareholders at the end of the reporting period was 179,133[16] - The top shareholder, China Datang Corporation, held 34.1% of the shares, totaling 608,793,971 shares[16] Operational Insights - Total operating costs for Q1 2021 were CNY 2,296,238,794.16, up from CNY 1,795,073,845.63 in Q1 2020, reflecting a year-over-year increase of 28.0%[43] - Operating profit for Q1 2021 was CNY -88,707,401.46, compared to CNY -18,374,464.06 in Q1 2020, indicating a worsening performance[43] - Research and development expenses for Q1 2021 were CNY 4,804,255.49, indicating ongoing investment in innovation[43] - The company is focusing on expanding its market presence and exploring new strategies, although detailed plans were not disclosed in the provided content[46] Asset Quality and Restructuring - The company is committed to improving asset quality and enhancing sustainable profitability through the injection of quality power assets from its controlling shareholder[23] - The company has completed the restructuring of assets as per the commitments made in 2014, although some assets from the controlling shareholder do not currently meet the injection requirements due to performance issues[23]