| 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-032 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | 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。 内蒙古蒙电华能热电股份有限公司 根据上海证券交易所《上市公司自律监管指引第3号——行业信 息披露》要求，现将内蒙古蒙电华能热电股份有限公司（以下简称 "公司"）2024年前三季度主要经营数据公告如下： 2024 年前三季度销售量完成情况公告 一、电力 | | | | | 发电量（亿千瓦时） | | | 上网电量（亿千瓦时） | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 地区 分类 | 项目名称 | 电源 种类 | 本期 ...

| 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-031 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | 内蒙古蒙电华能热电股份有限公司 关于参加 2024 年电力行业集体路演的公告 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： 公司已于 2024 年 8 月 24 日发布公司 2024 年半年度报告，为便于广大投资 者更全面深入地了解公司 2024 年半年度经营成果、财务状况，公司将参加由上 海证券交易所主办的 2024 年电力行业集体路演，此次活动采用视频和网络文字 互动的方式举行，投资者可登录上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com）参与线上互动交流。 一、集体路演类型 本 ...

Group 1: Investor Meeting Overview - The investor meeting was held on September 4, 2024, from 09:30 to 11:30, in a face-to-face format [3] - Participating institutions included Guotai Junan, Pacific Insurance, and others [3] - Company representatives included General Manager Wang Zhenrui and others [3] Group 2: Key Questions and Responses - Q1: The coal-fired power generation on-grid electricity prices for the second quarter were 311.35 RMB/kWh for the Inner Mongolia grid and 361.55 RMB/kWh for the North China grid [5] - Q2: In July, electricity supply was tight, leading to higher spot prices, while in August, prices returned to long-term contract levels [5] - Q3: Major participants in the Inner Mongolia grid include Huaneng Group (30% market share), Guoneng Group, and Huadian Group (both around 15% market share) [5] - Q4: The company plans to assess the issuance of a 1.5 billion RMB perpetual bond due in 2024, with current rates around 3.25% [5] - Q5: In the first half of 2024, profits were 1.197 billion RMB for the thermal power segment, 248 million RMB for the renewable energy segment, and 829 million RMB for the coal segment [6] Group 3: Risk Warning - The company advises investors to refer to official announcements on the Shanghai Stock Exchange for accurate information and to be cautious of investment risks [6]

Investment Rating - The report maintains a "Buy" rating for Inner Mongolia Huadian (600863.SH) [3] Core Views - The company's performance slightly exceeded expectations, with a 19.2% year-on-year increase in net profit for the first half of 2024, reaching 1.77 billion yuan, despite a 2.97% decline in revenue [3] - The profit growth was primarily driven by dividends from subsidiaries and a reduction in financial expenses [3] - The company has a strong focus on renewable energy, with 2GW of approved new energy capacity, and favorable policies are expected to stabilize return rates [3] - The company has committed to a 70% dividend payout ratio from 2022 to 2024, with an estimated dividend yield of 5.7% for 2024 [3] - The current valuation remains low, with a projected PE ratio of 11 for 2024, indicating potential for price appreciation [3] Summary by Sections Financial Performance - In H1 2024, the company achieved operating revenue of 10.77 billion yuan, a decrease of 2.97% year-on-year, while net profit attributable to shareholders was 1.77 billion yuan, up 19.2% [3] - The company generated 28.48 billion kWh of electricity, a slight decrease of 0.28% year-on-year, with coal production at 6.829 million tons and a sales price of 416.8 yuan/ton, up 0.37% year-on-year [3] Profitability and Forecast - The report forecasts net profits of 2.476 billion yuan, 2.812 billion yuan, and 3.010 billion yuan for 2024, 2025, and 2026 respectively, with year-on-year growth rates of 23.5%, 13.5%, and 7.1% [4] - The projected earnings per share for 2024 is 0.38 yuan, with a return on equity (ROE) of 12.8% [4] Dividend Policy - The company has committed to a minimum dividend payout ratio of 70% for the years 2022-2024, with expected dividend yields of 5.7%, 6.6%, and 7.2% for 2024-2026 [3][4]

Financial Performance - The company reported a total electricity generation of 5.2 billion kWh for the first half of 2024, representing a year-on-year increase of 12%[11]. - The revenue for the first half of 2024 reached 3.1 billion CNY, an increase of 15% compared to the same period last year[11]. - The net profit attributable to shareholders for the first half of 2024 was 450 million CNY, reflecting a growth of 20% year-on-year[11]. - The company's operating revenue for the first half of the year is ¥10,769,256,100.18, a decrease of 2.97% compared to the same period last year[16]. - Net profit attributable to shareholders is ¥1,767,584,676.27, representing a 19.17% increase year-over-year[16]. - Basic earnings per share for the period is ¥0.26, an increase of 18.18% from ¥0.22 in the same period last year[17]. - The company achieved an investment income of ¥283 million, a significant increase of 846.12% year-over-year[19]. - The total profit for the first half of 2024 is approximately CNY 2.28 billion, compared to CNY 1.37 billion in the same period of 2023, reflecting a year-over-year increase of 66.7%[135]. - The total comprehensive income for the first half of 2024 is CNY 2.36 billion, compared to CNY 1.42 billion in the same period of 2023, representing an increase of 66.0%[135]. Capacity and Production - The company plans to expand its installed capacity by 500 MW in the next two years, focusing on renewable energy sources[11]. - User data indicates a 10% increase in the number of customers served, reaching a total of 1.2 million by the end of June 2024[11]. - The company operates 19 power plants with a total installed capacity of 13,246,900 kW, of which coal-fired capacity accounts for 86.06%[22]. - The company has a coal production capacity of 15 million tons per year[22]. - The company’s coal production in the first half of 2024 was 2.27 billion tons, a year-on-year decrease of 1.7%[31]. - The company’s renewable energy installed capacity increased from 11.29% to 13.94% since the beginning of the 14th Five-Year Plan, marking a 2.65 percentage point increase[32]. - The company sold 352.01 million tons of coal, a year-on-year increase of 12.66%[36]. Financial Stability and Investments - The company’s credit rating remains at "AAA" as of 2024, reflecting strong financial stability[33]. - The company is investing 200 million CNY in R&D for new energy technologies, aiming to enhance efficiency and reduce emissions[11]. - The company’s long-term equity investments reached CNY 2.08 billion, primarily due to increased profits from joint ventures[43]. - The company’s cash flow from operating activities was 2.52 billion RMB, a decrease of 5.08% compared to the previous year[39]. - The company’s total assets at the end of the reporting period are ¥40,320,428,076.03, reflecting a 2.13% increase from the previous year[16]. - The company’s total liabilities decreased to ¥16,056,272,149.18 from ¥16,174,430,673.02, showing improved financial stability[126]. Environmental and Regulatory Compliance - The management highlighted the importance of addressing environmental risks, particularly in coal and power generation sectors, and is implementing measures to mitigate these risks[11]. - The company is committed to reducing carbon emissions by enhancing energy-saving modifications and increasing the proportion of clean energy[70]. - All subsidiaries and controlled thermal power generation enterprises have established pollution control facilities, achieving compliance with national emission standards[63]. - The company has installed online monitoring facilities for all key pollution sources, ensuring real-time data reporting to local environmental authorities[65]. - The company has implemented emergency response plans for environmental incidents, including specific plans for hazardous chemical leaks and severe weather conditions[64]. Strategic Planning and Future Outlook - Future guidance estimates a revenue growth of 10-15% for the full year 2024, driven by increased electricity demand and operational efficiency improvements[11]. - The company plans to accelerate the development of renewable energy and improve the synergy between coal and electricity industries[30]. - The company aims to invest 300 billion RMB in the renewable energy sector in Inner Mongolia, with a target of adding over 40 million kW of new capacity[28]. - The company expects a year-on-year growth of approximately 6.5% in electricity consumption for the entire year of 2024, driven by the rapid development of renewable energy[52]. Shareholder and Corporate Governance - The company plans to distribute at least 70% of the annual distributable profits as cash dividends from 2022 to 2024, with a minimum payout of 0.1 RMB per share[77]. - The controlling shareholder, North Company, committed to increasing its stake in the company by investing between 100 million and 200 million RMB[77]. - The company has established a communication mechanism with minority shareholders regarding profit distribution and policy changes[77]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[78]. Risk Management - The company faced risks from the electricity market due to external environmental changes and insufficient domestic demand[51]. - The company anticipates challenges in maintaining seasonal price increases for coal due to the full coverage of medium and long-term coal contracts, leading to a potential decline in coal sales prices[53]. - The company will closely monitor changes in the coal market and optimize supply structures to enhance peak supply capabilities and control coal procurement costs[53].

| 证券代码:600863 | | --- | | 债券代码:185193 | | 债券代码:240363 | | 债券代码: 240364 | 二〇二四年八月二十四日 证券代码：600863 证券简称：内蒙华电 公告编号：临 2024-025 债券代码：185193 债券简称：21 蒙电 Y1 债券代码：240363 债券简称：23 蒙电 Y1 债券代码：240364 债券简称：23 蒙电 Y2 内蒙古蒙电华能热电股份有限公司 关于变更董事的公告 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。 内蒙古蒙电华能热电股份有限公司（以下简称"公司"）董事沈 庆贺先生由于工作变动原因，辞去公司第十一届董事会董事及董事会 战略与 ESG 委员会委员职务。沈庆贺先生确认，其与公司董事会之间 并无任何意见分歧，亦无任何与其辞职有关的事项须提请公司股东注 意。公司董事会对沈庆贺先生在任职期间为公司做出的贡献表示衷心 感谢。 根据公司股东北方联合电力有限责任公司的推荐并经公司董事 会提名委员会审查无异议，公司于 2024 年 8 月 23 日 ...

| 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-027 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | 内蒙古蒙电华能热电股份有限公司关于投资建设 金桥和林火力发电灵活性改造配套消纳新能源 480 兆瓦项目的公告 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： 投资标的：金桥和林火力发电灵活性改造配套消纳新能源 480 兆瓦项目 投资金额：总投资 19.86 亿元 相关风险提示： 1、受国家政策法规、经济环境、市场环境、经营风险等多种因 素影响，项目建成后盈利情况存在不确定性。 2、项目总投资系按现有规划条件及市场行情初步估算，受市场 变化、工程进度等多种因素影响，项目具体投资额度及配套筹融资方 案、具体实施进度等均存在不确定性 ...

| 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-029 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | 证券代码：600863 证券简称：内蒙华电 公告编号：临 2024-029 债券代码：185193 债券简称：21 蒙电 Y1 债券代码：240363 债券简称：23 蒙电 Y1 内蒙古蒙电华能热电股份有限公司 关于召开 2024 年半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： 会议召开地点：上海证券交易所上证路演中心（网址： https://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 2024 年 8 月 27 日(星期二)至 9 月 2 ...

内蒙古蒙电华能热电股份有限公司 第十一届监事会第九次会议决议公告 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。 | 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-024 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | （三）本次会议以通讯方式召开，于 2024 年 8 月 23 日形成决议。 （四）公司监事 3 人，参加表决 3 人。 二、监事会会议审议情况 （一）以 3 票赞成，0 票反对，0 票弃权，审议批准了公司《关于 <2024 年半年度报告>及<2024 年半年度报告摘要>的议案》。监事会全体 成员认为，半年度报告及摘要的编制和审议程序符合法律法规、《公司 章程》和公司内部管理制度的有关规定；半年度报告及摘要的内容和格 式符合中国证监 ...

| 证券代码：600863 | 证券简称：内蒙华电 | 公告编号：临 | 2024-023 | | | --- | --- | --- | --- | --- | | 债券代码：185193 | | 债券简称：21 | 蒙电 | Y1 | | 债券代码：240363 | | 债券简称：23 | 蒙电 | Y1 | | 债券代码：240364 | | 债券简称：23 | 蒙电 | Y2 | 债券代码：185193 债券简称：21 蒙电 Y1 债券代码：240363 债券简称：23 蒙电 Y1 债券代码：240364 债券简称：23 蒙电 Y2 内蒙古蒙电华能热电股份有限公司 第十一届董事会第九次会议决议公告 一、董事会会议召开情况 （一）本次董事会的召开符合有关法律、行政法规、部门规章、规 范性文件和公司章程的规定。 （二）召开本次会议的通知及资料于 2024 年 8 月 13 日以电子邮 件、书面方式送达。 （一）审议批准了公司《关于<2024 年半年度报告>及<2024 年半年 度报告摘要>的议案》。本议案已经公司审计委员会审议通过，同意议案 内容并提交董事会审议。 （三）本次会议以通讯方式召开，于 202 ...