Financial Performance - Net profit attributable to shareholders of the listed company was ¥2.51 billion, reflecting an increase of 8.70% year-on-year[7]. - Operating revenue for the year-to-date was ¥48.06 billion, representing an increase of 8.53% compared to the same period last year[7]. - Basic and diluted earnings per share were both ¥0.128, an increase of 8.47% from the previous year[7]. - The company reported a loss of ¥70.99 million from the disposal of non-current assets for the year-to-date[10]. - Government subsidies recognized in the current period amounted to ¥62.94 million, contributing positively to the financial results[10]. - Total operating revenue for Q3 2018 reached ¥16,879,742,936.93, an increase of 8.63% compared to ¥15,538,054,330.68 in Q3 2017[29]. - Net profit for Q3 2018 was ¥1,022,437,534.36, representing a 5.05% increase from ¥973,356,396.62 in Q3 2017[31]. - The company reported a total comprehensive income of ¥1,067,967,841.81 for Q3 2018, compared to ¥918,099,146.89 in Q3 2017[31]. - Total profit for the first nine months of 2018 was ¥2,582,599,059.36, a decrease of 18.4% compared to ¥3,167,279,328.42 in the previous year[34]. Cash Flow - The net cash flow from operating activities was ¥13.96 billion, a decrease of 10.76% compared to the previous year[7]. - Net cash flow from operating activities was ¥13,964,271,031.11, a decrease of 10.76% year-on-year, mainly due to the collection of accounts receivable in the previous year[17]. - Cash flow from operating activities for the first nine months was ¥13,964,271,031.11, down 10.8% from ¥15,647,422,764.42 in the same period last year[38]. - The net cash flow from investing activities was 779,575,913.36 RMB, a decrease from 1,338,067,539.12 RMB year-on-year[41]. - The net cash flow from financing activities was 2,366,912,597.42 RMB, an improvement from -1,581,925,803.57 RMB in the same period last year[42]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥279.14 billion, an increase of 1.83% compared to the end of the previous year[7]. - Current assets increased to ¥25,236,054,416.72 from ¥18,048,309,176.02, representing a growth of approximately 39.5%[21]. - Total liabilities decreased to ¥205,598,601,905.27 from ¥201,471,112,449.52, a reduction of about 2.2%[23]. - Non-current assets totaled ¥253,903,939,934.48, down from ¥256,081,616,749.08, indicating a decrease of approximately 0.5%[22]. - Total equity reached ¥52,450,367,134.19 in Q3 2018, up from ¥51,187,720,030.43 in Q3 2017[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 719,627[13]. - The largest shareholder, China Guodian Corporation, held 46.00% of the shares[13]. - The company’s major shareholder changed from China Guodian Corporation to State Energy Investment Group following a merger agreement[15]. - The merger conditions between China Guodian and State Energy Investment Group have been fully met, allowing the merger to proceed[18]. Operational Changes - The company is undergoing a significant restructuring process, which may impact future operational strategies and market positioning[18]. - The company’s management indicated a focus on improving operational efficiency and reducing costs in future quarters[33].

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 31.18 billion, an increase of 8.47% compared to CNY 28.74 billion in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2018 was CNY 1.80 billion, reflecting a growth of 6.02% from CNY 1.69 billion in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 1.71 billion, up by 3.79% from CNY 1.65 billion year-on-year[21]. - The basic earnings per share for the first half of 2018 were CNY 0.091, representing a 5.81% increase from CNY 0.086 in the same period last year[22]. - The weighted average return on net assets increased to 3.612%, up by 0.237 percentage points from 3.375% in the previous year[22]. - The net profit attributable to shareholders increased by 6.02% year-on-year, primarily due to a rise in electricity generation compared to the same period last year[23]. - Basic earnings per share rose by 5.81% year-on-year, driven by the increase in net profit attributable to shareholders[23]. Cash Flow and Investments - The net cash flow from operating activities decreased by 28.65% to CNY 5.69 billion, down from CNY 7.97 billion in the same period last year[21]. - The company's investment amount in the first half of 2018 was CNY 4,227.49 million, a decrease of CNY 613.23 million or 12.67% compared to the same period last year[51]. - Net cash flow from investing activities was -¥5,841,395,427.69, a decline of 5.50%, mainly due to the repayment of a performance deposit related to an equity acquisition[43]. - Net cash flow from financing activities increased by 94.07% to ¥2,275,042,418.49, primarily due to increased amounts received from financing leases[43]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 280.67 billion, an increase of 2.39% from CNY 274.13 billion at the end of the previous year[21]. - The total liabilities amounted to CNY 207.93 billion, up from CNY 201.47 billion, indicating a growth of around 3%[129]. - The company's equity increased slightly to CNY 72.75 billion from CNY 72.66 billion, showing a marginal growth[129]. - The debt-to-asset ratio stood at 74.08%, an increase of 0.59 percentage points compared to the previous year[123]. Market and Operational Developments - The company aims to strengthen its market share by actively expanding its electricity market and enhancing communication with local governments and grid companies[30]. - The company has a total installed capacity of 53.23 million kW as of June 30, 2018, with thermal power accounting for 62.95%, hydropower 25.93%, wind power 10.72%, and solar power 0.4%[37]. - The company completed electricity generation of 96.890 billion kilowatt-hours, a year-on-year increase of 3.82%[30]. - The average utilization hours of power generation equipment increased by 68 hours year-on-year, reaching 1,858 hours[28]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental monitoring plan, ensuring compliance with pollution discharge standards and real-time data reporting to local environmental authorities[96]. - The company spent a total of CNY 195.96 million on targeted poverty alleviation in the first half of 2018, helping 868 registered impoverished individuals to escape poverty[89]. - The company has established an ecological protection fund in Yushu Prefecture, Qinghai Province, with a total investment of CNY 350 million for poverty alleviation projects[92]. - The company has initiated an e-commerce poverty alleviation project to boost local agricultural product sales, thereby increasing the income of impoverished populations[95]. Mergers and Acquisitions - The company has undergone a merger with the State Energy Investment Group, changing its controlling shareholder from China Guodian to the State Energy Group[8]. - The company completed the merger with China Guodian Corporation, now known as State Energy Group, and has inherited all debts, rights, and obligations from the previous entity[70]. - State Energy Group has committed to integrating Guodian Power as its conventional energy generation business platform, with plans to gradually inject relevant assets into Guodian Power[71]. Financial Management and Governance - The company has maintained a long-term credit rating of AAA, with a stable outlook according to both Dagong Global Credit Rating and Dongfang Jincheng International Credit Rating[119]. - The company operates under the assumption of going concern, ensuring that its financial statements are prepared based on the expectation of continuing operations[168]. - The company’s financial statements are prepared based on historical cost, with provisions for impairment where necessary[167]. - The company recognizes investment income from the difference between the consideration received and the fair value of remaining equity when losing control over a subsidiary[181].

Financial Performance - Net profit attributable to shareholders rose by 18.27% to CNY 1.16 billion year-on-year[6]. - Operating revenue grew by 8.41% to CNY 15.95 billion compared to the same period last year[6]. - Basic earnings per share increased by 18.00% to CNY 0.059[6]. - Weighted average return on equity improved by 0.383 percentage points to 2.357%[6]. - Total operating revenue for Q1 2018 was CNY 15,953,173,648.28, an increase of 8.42% from CNY 14,715,831,481.15 in the same period last year[26]. - Net profit for Q1 2018 reached CNY 1,618,719,738.21, representing a 22.78% increase compared to CNY 1,318,378,938.25 in Q1 2017[27]. - Total profit for the current period was ¥279,186,547.68, a decrease of 34.9% from ¥428,995,286.28 in the previous period[30]. Cash Flow - Net cash flow from operating activities decreased by 58.35% to CNY 2.02 billion compared to the previous year[6]. - Cash flow from operating activities decreased to ¥2,018,366,027.46, a decline of 58.4% from ¥4,845,626,108.60 in the previous period[32]. - The net cash flow from operating activities for Q1 2018 was -3,252,191,091.01 RMB, a significant decline compared to 128,592,981.66 RMB in the same period last year[33]. - Cash paid for operating activities totaled 4,432,204,436.17 RMB, significantly higher than 1,117,014,729.68 RMB in the same quarter last year[33]. Assets and Liabilities - Total assets increased by 1.87% to CNY 279.25 billion compared to the end of the previous year[6]. - Current assets totaled ¥23.91 billion, up from ¥18.05 billion, indicating a significant increase of about 32.5%[21]. - Non-current liabilities rose to ¥133.89 billion from ¥123.40 billion, reflecting an increase of approximately 8.1%[22]. - Total liabilities amounted to ¥205.16 billion, compared to ¥201.47 billion, marking a growth of around 1.4%[22]. - Owner's equity increased to ¥74.10 billion from ¥72.66 billion, showing a rise of about 1.98%[22]. Shareholder Information - The total number of shareholders reached 744,171 by the end of the reporting period[11]. - The largest shareholder, China Guodian Corporation, holds 46.00% of the shares[12]. Operational Costs and Expenses - Total operating costs for Q1 2018 were CNY 14,683,718,461.02, up 6.73% from CNY 13,755,668,934.26 year-over-year[26]. - Sales expenses for the current period were ¥18,550,727.29, up 174.22% year-on-year, attributed to rising operational costs and new sales service fees from the electricity sales company[16]. - Financial expenses for Q1 2018 were CNY 1,752,649,116.73, an increase from CNY 1,522,594,875.47 in Q1 2017[26]. Investment Activities - Investment activities resulted in a net cash outflow of ¥2,730,616,052.89, compared to a net outflow of ¥2,129,725,712.39 in the previous period[32]. - The company reported a decrease in investment income to ¥536,758,403.66, down from ¥577,782,081.49 in the previous period[30]. Other Income and Gains - Non-recurring gains and losses totaled CNY 39.20 million for the period[9]. - Other income for the current period was ¥35,313,806.70, a decrease of 47.02% year-on-year, mainly due to reduced VAT refunds received by a subsidiary[16]. - The company reported a total of CNY 39,803,427.76 in non-operating income for Q1 2018, compared to CNY 16,136,908.85 in Q1 2017[26].

Financial Performance - In 2017, the company achieved an operating revenue of 59.833 billion yuan, representing a year-on-year growth of 2.43%[2] - The net profit attributable to shareholders decreased by 54.81% to approximately ¥2.06 billion from ¥4.57 billion in 2016[26] - The basic earnings per share fell by 54.74% to ¥0.105, down from ¥0.232 in the previous year[27] - The weighted average return on equity decreased by 4.908 percentage points to 4.206% from 9.114% in 2016[27] - The net cash flow from operating activities was approximately ¥19.78 billion, a decrease of 15.53% compared to ¥23.41 billion in 2016[26] - The total assets at the end of 2017 were approximately ¥274.13 billion, an increase of 1.06% from ¥271.27 billion at the end of 2016[26] - The net profit after deducting non-recurring gains and losses was approximately ¥1.56 billion, down 63.32% from ¥4.26 billion in 2016[26] - The company reported a significant increase in coal prices, which contributed to the decline in operating profit[28] - Operating costs rose to CNY 49.64 billion, up 14.19% year-on-year, mainly driven by increased coal prices and higher coal consumption due to increased power generation[61] - The company’s total assets increased by 1.06% to CNY 274.13 billion, while total liabilities rose by 2.22% to CNY 201.47 billion[58] Capacity and Production - The installed capacity reached 52.2249 million kilowatts, with 61.5% of thermal power capacity being 600,000 kilowatts or above, and 37.54% of clean renewable energy capacity[3] - The company reported a total installed capacity of 52.2249 million kilowatts by the end of 2017, with clean renewable energy accounting for 37.54% of the total capacity[37] - The company's electricity generation reached 202.202 billion kilowatt-hours in 2017, representing a year-on-year increase of 2.71%[47] - The average utilization hours of the company's power generation equipment were 3,962 hours, exceeding the national average by 176 hours[47] - The company achieved a 42.17% year-on-year increase in direct electricity supply to large users, amounting to 59 billion kilowatt-hours[47] - The proportion of coal-fired power generation in the company's total installed capacity decreased to 62.46% by the end of 2017[47] Strategic Initiatives - The company plans to establish a joint venture with China Shenhua to address industry competition, which will increase the total installed capacity to over 80 million kilowatts[4] - The company is focused on high-quality development, emphasizing safety, environmental protection, and innovation as part of its strategic initiatives[5] - The company aims to enhance its core competitiveness through resource sharing and synergy within the industry chain[5] - The company has implemented a three-year industrial upgrade plan to improve energy consumption indicators and achieve technological innovation[3] - The company plans to continue expanding its renewable energy capacity, particularly in wind and solar sectors[86] Research and Development - The company has established partnerships with over 20 universities and research institutions to enhance its innovation and technology research capabilities[49] - The company holds 161 national patents, including 33 invention patents and 14 software copyrights[50] - Research and development expenses increased by 40.61% to CNY 59.89 million, reflecting a commitment to innovation[60] - The total R&D investment amounted to ¥59.89 million, accounting for 0.10% of total revenue[70] Environmental and Social Responsibility - The company achieved ultra-low emission upgrades for 45 coal-fired units, representing 71.56% of its total installed capacity[146] - The company reported emissions of 16,800 tons of sulfur dioxide, 34,700 tons of nitrogen oxides, and 3,100 tons of particulate matter in 2017[147] - The company plans to provide RMB 350,000.00 annually for three years to support poverty alleviation efforts in Qinghai Province, benefiting 562 individuals[138] - The company has established a rare fish protection center as part of its ecological environment construction and protection efforts[150] Corporate Governance and Management - The company is committed to integrating party building with corporate governance to strengthen its operational framework[3] - The company has established a commitment to maintain its independence in operations and management following the merger with China Energy Group[118] - The company has a structured relationship with its actual controller, ensuring compliance with regulatory requirements[160] - The company has disclosed its internal control self-evaluation report for 2017, which was approved by the board of directors[199] Mergers and Acquisitions - The merger with Shenhua Group has been approved, positioning the company under the National Energy Group as its controlling shareholder[12] - The company is actively pursuing mergers and acquisitions to enhance its market position and operational capabilities[6] - The company is undergoing a major asset restructuring and related party transaction plan with China Shenhua, with further approvals required from China Shenhua's shareholders[131] Financial Transactions and Investments - The company provided funds to related parties, with a beginning balance of RMB 318,572.29 million and an ending balance of RMB 517,416.37 million[132] - The total amount of guarantees provided by the company, including those to subsidiaries, was RMB 3,132,524,069.33, which accounts for 4.31% of the company's net assets[135] - The company reported a total investment income of ¥40,121.07 million from Guodian Nanrui Technology Co., Ltd., accounting for 16.21% of total investment income[101] Employee and Management Structure - The company employed a total of 26,389 staff, including 2,324 in the parent company and 24,065 in major subsidiaries[177] - The total remuneration for directors, supervisors, and senior management in 2017 amounted to 7.6673 million yuan[174] - The company has implemented a performance-based salary system to attract and retain talent[178] - The company conducted various training programs, including leadership training and technical skills training, to enhance employee capabilities[179]

Revenue and Profit - Total operating revenue for 2017 was CNY 5,983,317.78 million, an increase of 2.43% year-on-year[3] - Operating profit decreased to CNY 365,386.89 million, down 57.98% compared to the previous year[3] - Total profit for the year was CNY 385,904.54 million, a decline of 57.63% year-on-year[3] - Net profit attributable to shareholders was CNY 213,937.95 million, down 53.17% from the previous year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 204,180.01 million, a decrease of 52.06% year-on-year[3] - Basic earnings per share were CNY 0.109, a decline of 53.02% compared to the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 27,427,574.49 million, an increase of 1.11% from the beginning of the period[4] - Shareholders' equity attributable to shareholders was CNY 4,893,277.80 million, a decrease of 0.84% from the beginning of the period[4] Performance Factors - The company attributed the decline in performance mainly to the significant increase in coal prices, impacting operating profit[5] Financial Reporting - The financial data presented is preliminary and unaudited, with potential discrepancies in the final annual report[6]

Financial Performance Forecast - The estimated net profit attributable to shareholders for 2017 is expected to be between 180,000 million and 230,000 million yuan, representing a year-on-year decline of 49.66% to 60.60%[2] - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is expected to decrease by 216,945 million to 266,945 million yuan, a decline of 50.93% to 62.67% year-on-year[5] - The net profit attributable to shareholders for the previous year was 456,863 million yuan, and the net profit after deducting non-recurring gains and losses was 425,945 million yuan[6] - The basic earnings per share for the previous year was 0.232 yuan[7] Factors Affecting Performance - The decline in performance is primarily due to a significant increase in coal prices, which has led to a substantial decrease in operating profit[8] - The performance decline is attributed to the significant rise in coal prices impacting operating profits[8] Forecast Accuracy and Disclosure - The performance forecast is based on preliminary calculations and has not been audited by registered accountants[5] - There are no uncertain factors that may affect the accuracy of this performance forecast[9] - The above forecast data is preliminary and the specific accurate financial data will be disclosed in the audited annual report for 2017[10] Investor Awareness - The company emphasizes the importance of investors being aware of investment risks[10]

Financial Performance - Operating revenue for the first nine months reached CNY 44.28 billion, a year-on-year increase of 3.83%[7] - Net profit attributable to shareholders decreased by 51.06% to CNY 2.31 billion, primarily due to a significant rise in coal prices[9] - Basic earnings per share fell by 50.83% to CNY 0.118[8] - Total profit for the first nine months of 2017 reached CNY 3.99 billion, a decline of 55.32% from CNY 8.92 billion in the same period of 2016[38] - Net profit for Q3 2017 was CNY 973.36 million, a decrease of 43.93% compared to CNY 1.74 billion in Q3 2016[38] - The net profit for the first nine months of 2017 was ¥3.17 billion, a decrease from ¥3.78 billion in the same period last year, showing a decline of about 16.1%[42] - Total comprehensive income for Q3 2017 was CNY 918.10 million, a decrease of 51.19% from CNY 1.88 billion in Q3 2016[39] - The total comprehensive income for Q3 2017 was ¥740.04 million, compared to ¥863.10 million in Q3 2016, representing a decline of about 14.3%[42] Cash Flow - Net cash flow from operating activities decreased by 16.96% to CNY 15.65 billion compared to the same period last year[7] - Cash and cash equivalents at the end of the reporting period amounted to RMB 7,811,032,644.07, an increase of 134.28% compared to the beginning of the year, primarily due to increased cash accumulation from operating activities and advance payments received from subsidiary equity transfers[17] - Cash inflow from financing activities was ¥93.95 billion, slightly down from ¥94.70 billion year-on-year, indicating a decrease of about 0.8%[45] - Operating cash flow for the first nine months was approximately $468.53 million, a decrease of 56.5% compared to $1.08 billion in the same period last year[48] Assets and Liabilities - Total assets increased by 2.00% to CNY 276.68 billion compared to the end of the previous year[7] - Current liabilities due within one year decreased by 61.13% to RMB 3,499,944,616.14, mainly due to the repayment of maturing bonds[19] - Total liabilities reached CNY 202.67 billion, up from CNY 197.10 billion, marking an increase of about 2.6%[31] - Owner's equity totaled CNY 74.01 billion, slightly down from CNY 74.17 billion, a decrease of about 0.2%[31] - Total liabilities and owner's equity amounted to CNY 276.68 billion, consistent with total assets, indicating balanced financials[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 807,064[14] - The largest shareholder, China Guodian Corporation, holds 9,038,709,571 shares, representing 46.00% of total shares[14] - The second largest shareholder, China Securities Finance Corporation, holds 884,307,961 shares, representing 4.50% of total shares[14] - The total shares held by the top ten shareholders includes significant stakes from state-owned entities[14] Operating Costs and Income - Operating costs increased by 22.59% compared to the same period last year, mainly due to rising coal prices and increased fuel consumption from higher electricity generation[21] - Investment income rose by 32.71% compared to the same period last year, primarily due to increased profits from significant equity investments[21] - The company reported a significant drop in net profit due to increased operating costs, particularly from fuel prices[9] Other Financial Metrics - The company received government subsidies amounting to CNY 17.70 million during the reporting period[13] - Non-operating income included a gain of CNY 91,659.76 from debt restructuring[13] - The company reported a non-operating income of -4,252,933.51, contrasting with 15,476,251.35 in the previous period[14]