Financial Performance - The company's operating revenue for Q1 2024 reached CNY 7,899,120,372.61, representing a year-on-year increase of 15.26% compared to CNY 6,853,129,450.44 in the same period last year[4] - Net profit attributable to shareholders of the listed company was CNY 2,421,823,921.76, showing a slight increase of 0.10% from CNY 2,433,884,515.62 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,420,313,233.50, reflecting a year-on-year growth of 1.28%[4] - Net profit for Q1 2024 was ¥2,890,652,331.21, representing an increase from ¥2,769,296,081.26 in Q1 2023, a growth of 4.4%[21] - The net profit for Q1 2024 was CNY -153.74 million, compared to a net loss of CNY -2.94 million in Q1 2023, indicating a significant deterioration in profitability[29] - The total comprehensive income for Q1 2024 was CNY -153.74 million, compared to CNY -608,869.80 in Q1 2023, indicating a worsening financial position[29] Cash Flow - The net cash flow from operating activities amounted to CNY 4,420,579,676.55, which is an increase of 18.72% compared to CNY 3,743,709,073.26 in the same period last year[5] - The net cash flow from operating activities for Q1 2024 was CNY 4,420,579,676.55, an increase of 18.8% compared to CNY 3,723,476,890.94 in Q1 2023[22] - Total cash inflow from operating activities reached CNY 5,833,312,044.23, up from CNY 5,076,431,461.60 in the same period last year, reflecting a growth of 14.9%[22] - The net cash flow from investing activities was CNY -7,077,223,113.04, worsening from CNY -5,686,226,218.38 in Q1 2023[23] - Cash inflow from financing activities totaled CNY 16,277,647,009.33, compared to CNY 15,225,366,636.31 in Q1 2023, marking an increase of 6.9%[23] - The total cash inflow from financing activities was 17,026,581,222.02 CNY, an increase from 11,267,427,409.81 CNY year-over-year[31] - The net cash flow from financing activities was 4,078,876,126.60 CNY, up from 2,021,966,340.98 CNY in the previous period[31] Assets and Liabilities - The total assets at the end of the reporting period were CNY 324,948,528,623.39, representing a growth of 4.25% from CNY 311,707,560,904.40 at the end of the previous year[5] - The total assets reached ¥324,948,528,623.39, compared to ¥311,707,560,904.40 at the end of 2023, reflecting a growth of about 4.2%[17] - The company's total liabilities increased to ¥225,384,834,335.23 in Q1 2024 from ¥216,222,621,829.25 in Q1 2023, reflecting a growth of 4.9%[18] - Total liabilities increased to CNY 51.98 billion in Q1 2024, up from CNY 47.65 billion in Q1 2023, representing an increase of approximately 4.93%[26] - Non-current liabilities rose to CNY 31.34 billion in Q1 2024, compared to CNY 27.38 billion in Q1 2023, marking an increase of about 14.06%[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 635,069, with the largest shareholder being China Three Gorges Corporation holding 28.11% of the shares[8] - The company’s controlling shareholder, China Three Gorges Group, has cumulatively increased its stake by acquiring 46,471,900 shares, with a total investment exceeding ¥200 million as of March 31, 2024[13] Costs and Expenses - The company reported a significant increase in depreciation and operating costs, which impacted net profit despite the increase in revenue from newly commissioned wind and solar units[7] - Total operating costs for Q1 2024 were ¥4,719,856,425.85, up 14.4% from ¥4,126,508,281.67 in Q1 2023[20] - Research and development expenses for Q1 2024 were ¥3,496,449.82, significantly higher than ¥9,488.68 in Q1 2023, indicating increased investment in innovation[20] - The company reported a financial expense of ¥1,077,967,806.28 in Q1 2024, up from ¥975,155,653.07 in Q1 2023, marking a rise of 10.5%[20] - The cash paid for dividends, profits, or interest was 269,633,005.08 CNY, slightly up from 267,077,655.41 in the previous period[31] Inventory and Receivables - As of March 31, 2024, the total current assets amounted to ¥54,197,539,513.76, an increase of approximately 14% from ¥47,473,186,794.51 on December 31, 2023[15] - Accounts receivable rose to ¥40,077,014,241.09, up from ¥36,673,560,751.31, indicating an increase of approximately 9.5%[15] - The company’s inventory decreased slightly to ¥340,819,361.51 from ¥352,943,238.14, reflecting a decline of about 3.4%[15]

Financial Performance - In 2023, the company's operating revenue reached ¥26,485,472,393.22, an increase of 11.23% compared to the previous year[18]. - The net profit attributable to shareholders of the listed company was ¥7,181,086,737.34, reflecting a growth of 0.94% year-on-year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 2.39% to ¥7,008,579,848.95[18]. - The company's total assets increased by 18.82% to ¥311,707,560,904.40 by the end of 2023, driven by new installed capacity[20]. - The net assets attributable to shareholders grew by 6.93% to ¥82,529,395,261.07[18]. - The basic earnings per share rose to ¥0.2509, an increase of 0.88% compared to the previous year[19]. - The net cash flow from operating activities decreased by 14.23% to ¥14,417,230,797.01, primarily due to lower recovery amounts from renewable energy price surcharges[20]. - The company experienced a 47.48% decline in investment income due to fluctuations in the profitability of associated enterprises[20]. - The company reported a total revenue from electricity generation of approximately ¥26.12 billion, up 10.71% from the previous year[70]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.78 per 10 shares, totaling approximately RMB 2.23 billion (including tax) based on a total share capital of 28,621,379,200 shares as of March 31, 2024[4]. - The company has not proposed any capital reserve transfers to increase share capital or stock dividends in the current profit distribution plan[4]. - The company's cash dividend distribution plan is subject to approval at the shareholders' meeting[137]. - The company has adhered to the regulations regarding cash dividend policies as outlined in its articles of association[138]. Governance and Compliance - The company has received a standard unqualified audit report from Da Hua Accounting Firm[3]. - The board of directors has been fully present at the meetings, ensuring governance and oversight[2]. - The company has confirmed that all directors can guarantee the authenticity, accuracy, and completeness of the annual report[6]. - The company has implemented a strict governance structure, ensuring compliance with national laws and regulations, and enhancing the effectiveness of decision-making processes[95]. - The company has integrated party leadership into its governance structure, ensuring that the party's role is reflected in all governance aspects[95]. - The company has established a management system for related party transactions, ensuring compliance with regulatory requirements[95]. - The company has maintained a strong focus on risk management and internal control, ensuring the legality and compliance of its operations[95]. Strategic Development - The company is actively developing large-scale land-based renewable energy projects, focusing on high-proportion renewable energy delivery[27]. - The company is actively pursuing new energy projects, including a 2.4 million kW pumped storage power station in Qinghai and a 1 million kW photovoltaic and all-vanadium flow battery integration project in Xinjiang[28]. - The company aims to double its wind and solar power generation by 2025, contributing to a renewable energy consumption target of approximately 1 billion tons of standard coal[87]. - The company plans to deepen its offshore wind power layout, focusing on regions such as Guangdong, Fujian, and Jiangsu, while expanding into Shandong, Liaoning, and other areas[89]. - The company is focusing on talent acquisition and training, particularly in high-demand areas such as energy storage and hydrogen technology[40]. Risk Management - There are no significant risks affecting the company's ongoing operations during the reporting period[7]. - The company has outlined potential risks in its annual report, which investors should be aware of[5]. - The company conducted a major risk assessment for 2023, identifying and analyzing significant risks and formulating corresponding control measures[119]. - The company is actively monitoring policy changes to mitigate risks associated with resource acquisition and market competition in the renewable energy sector[92]. Environmental and Social Responsibility - The company invested approximately 226.51 million yuan in environmental protection during the reporting period[150]. - The company reduced carbon emissions by 42,705,800 tons through the use of clean energy generation[156]. - The company has committed to long-term promises regarding competition and related transactions, ensuring compliance with regulations[164]. - The company has engaged in various forms of assistance, including industrial, educational, and medical support, as part of its poverty alleviation efforts[161]. - The company has committed to a long-term strategy for sustainable development, aligning with national policies and contributing to rural revitalization[162]. Market Engagement - The company participated in electricity market transactions across 23 provinces, settling a total transaction volume of 26.078 billion kWh, accounting for 48.63% of total grid electricity[29]. - The company is actively participating in the development of a unified national electricity market system, enhancing the marketization of electricity transactions[34]. - The company is focusing on technological innovation, particularly in offshore wind, energy storage, and hydrogen production, to strengthen its core competencies[90]. Management Changes - The company has appointed Zhang Long as the acting chairman following the resignation of Wang Wubin[6]. - The company reported significant management changes, with multiple resignations from the board and senior management positions in 2023[105]. - The company’s board of directors is currently undergoing restructuring following the resignation of several key members, including the chairman and board secretary[106]. - The company is focusing on enhancing its governance structure in light of recent leadership changes to ensure stability and continuity[107]. Investment and Financing - The company plans to issue bonds and debt financing tools totaling no more than CNY 14 billion to meet operational funding needs and reduce capital costs[129]. - The company reported a total of 6,154 employees, with 257 in the parent company and 5,897 in major subsidiaries[132]. - The company has established a joint venture, Sanxia Bazhou Ruoqiang Energy Co., Ltd., with a registered capital of RMB 150 million, where the company contributed RMB 51 million, holding a 34% stake[195]. - The company has completed the transfer of 90% equity in Cai Xia Ying Shang New Energy Co., Ltd. to Three Gorges (Anhui) Energy Investment Co., Ltd. for a price of 26,366.58 million yuan on December 29, 2023[190]. Technological Innovation - The company’s annual R&D investment exceeded 700 million yuan, with over 800 new patent applications and more than 300 patents granted during the year[29]. - The company is advancing its digital transformation, aiming to enhance operational efficiency through smart production and predictive maintenance[40]. - The company emphasizes the importance of technological innovation and aims to enhance its technological support system and increase investment in R&D[89].

证券代码：600905 证券简称：三峡能源 公告编号：2024-020 中国三峡新能源（集团）股份有限公司 关于参加2023年报沪市主板清洁低碳 集体业绩说明会的公告 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： 中国三峡新能源（集团）股份有限公司（以下简称公司）将 于 2024 年 4 月 30 日发布公司 2023 年年度报告，详见上海证券 交易所网站（www.sse.com.cn）。为便于广大投资者更全面深入 地了解公司 2023 年度经营成果、财务状况，公司计划于 2024 年 5 月 8 日参加 2023 年报沪市主板清洁低碳集体业绩说明会，会 （三）会议召开方式：上证路演中心视频直播和网络互动 三、参加人员 公司董事、总经理张龙先生，独立董事胡裔光先生，总会计 师、总法律顾问兼首席合规官杨贵芳先生，相关部门负责人等（如 有特殊情况，参会人员可能进行调整）。 四、投资者参加方式 会议主题：2023年报沪市主板清洁低碳集体业绩说明会 会议召开时间：2024年5月8日（星期三）13:30-18:00 会 ...

会杜律师事务所 IG&WCOL 北京市朝阳区东三环中路1号 环球金融中心办公楼东楼18层 邮编：100020 18th Floor, East Tower, World Financial Center 1 Dongsanhuan Zhonglu Chaovang District Beijing, 100020 P.R. China T +86 10 5878 5588 86 10 5878 5566 北京市金杜律师事务所 关于中国三峡新能源(集团)股份有限公司 2021年限制性股票激励计划回购注销部分限制性股票相关事项的 法律意见书 致:中国三峡新能源(集团)股份有限公司 律师 重庆 l 广州 | 海口 | 杭州 | 香港特别行政区 | 济南 | 青岛 | 三亚 | 上海 | 深圳 | 苏州 | 无锡 | 珠海 | 布里斯班 | 堪培拉 | 墨尔本 | 新加坡 | = | 纽约 | 用 rn of the King & Wood Mallesons network. See www.kwm.com for more information. chun | Chengdu | Chongqing | Gua ...

证券代码：600905 证券简称：三峡能源 公告编号：2024-019 中国三峡新能源（集团）股份有限公司 关于激励对象张新平股权激励限制性股票 回购注销实施公告 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： 回购注销原因：根据《中国三峡新能源（集团）股份有限 公司 2021 年限制性股票激励计划》（以下简称《2021 年限制性 股票激励计划》），张新平因退休不再具备激励对象资格，董事 会同意回购注销其已获授但尚未解除限售的限制性股票。因此， 由公司对上述 1 名激励对象已获授但尚未解除限售的 12 万股限 制性股票进行回购注销，本次回购注销的股份占目前公司总股本 的 0.00042%。 本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | | 注销日期 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 120,000 股 | 120,000 | 股 | 年 | 2024 | 4 | 月 | 24 | 日 | ...

证券代码：600905 证券简称：三峡能源 公告编号：2024-018 项 目 第一季度总发电量 （亿千瓦时） 年累计发电量 同比变化率（%） 风电 120.2 16.33 其中：陆上风电 75.08 11.44 海上风电 45.12 25.47 太阳能 55.2 64.87 水电 0.97 14.12 独立储能 0.98 553.33 合 计 177.35 28.69 公司 2024 年第一季度总发电量及同比变化率分别为： 特此公告。 中国三峡新能源（集团）股份有限公司董事会 2024 年 4 月 8 日 中国三峡新能源（集团）股份有限公司 2024 年第一季度发电量完成情况公告 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。 根据公司初步统计，截至2024年3月31日，公司2024年第一季度 总发电量177.35亿千瓦时，较上年同期增长28.69%。其中，风电完 成发电量120.2亿千瓦时，较上年同期增长16.33%（陆上风电完成发 电量75.08亿千瓦时，较上年同期增长11.44%；海上风电完成发电量 45.12亿千瓦时 ...

本议案经战略与可持续发展委员会审议通过。 证券代码：600905 证券简称：三峡能源 公告编号：2024-017 中国三峡新能源（集团）股份有限公司 第二届董事会第二十次会议决议公告 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。 中国三峡新能源（集团）股份有限公司（以下简称公司）第 二届董事会第二十次会议于 2024 年 3 月 26 日在北京以现场并结 合通讯方式召开，会议通知已于 2024 年 3 月 20 日以电子邮件方 式发出。本次会议应出席董事 7 名，现场及视频参会董事 7 名； 公司部分监事、高级管理人员等列席了会议。会议的召集召开符 合《公司法》《公司章程》的有关规定，会议合法有效。会议由 张龙董事主持，以记名投票方式表决，形成决议如下： 一、审议通过《关于公司<2023-2025 年改革深化提升工作 方案>的议案》 1 特此公告。 中国三峡新能源（集团）股份有限公司董事会 2024 年 3 月 26 日 2 表决结果：同意 7 票，反对 0 票，弃权 0 票。 二、审议通过《关于修订公司<独立董事工作制度> ...

中国三峡新能源（集团）股份有限公司 独立董事工作制度 第一章 总则 第一条 为进一步完善中国三峡新能源（集团）股份有限公司（以下简称公 司）治理结构，促进公司规范运作，根据《中华人民共和国公司法》《上市公司 治理准则》《上市公司独立董事管理办法》《上海证券交易所上市公司自律监管指 引第1号——规范运作》等法律、法规、规范性文件和《中国三峡新能源（集团） 股份有限公司章程》（以下简称《公司章程》）的有关规定，制定本制度。 第二条 独立董事是指不在公司担任除董事外的其他职务，并与公司及其 主要股东、实际控制人不存在直接或者间接利害关系，或者其他可能影响其进行 独立客观判断关系的董事。 独立董事应当独立履行职责，不受公司及其主要股东、实际控制人等单位或 者个人的影响。 第三条 独立董事对公司及全体股东负有忠实与勤勉义务。未经公司同意， 独立董事不得同时在与公司有竞争关系的其它公司担任独立董事。独立董事应当 按照相关法律、行政法规、中国证监会规定、上海证券交易所业务规则、《公司 章程》和本工作制度的要求，认真履行职责，在董事会中发挥参与决策、监督制 衡、专业咨询作用，维护公司整体利益，尤其要关注中小股东的合法权益不受 ...

www.kwm.com 北京市金杜律师事务所 金杜律师事务所 KING&WCD 北京市朝阳区东三环中路1号 环球金融中心办公楼东楼18层 邮编100020 18th Floor, East Tower, World Financial Center 1 Dongsanhuan Zhonglu, Chaoyang District Beijing 100020, P. R. China T +86 10 5878 5588 F +86 10 5878 5566 关于中国三峡新能源（集团）股份有限公司 > 2021年限制性股票激励计划回购注销部分限制性股票相关事项的 法律意见书 致:中国三峡新能源（集团）股份有限公司 北京市金杜律师事务所（以下简称"本所"）受中国三峡新能源（集团）股 份有限公司（以下简称"公司"）委托，作为其 2021 年限制性股票激励计划 (以下简称"本激励计划"）的专项法律顾问,根据《中华人民共和国公司法》 （以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券 法》"）、《上市公司股权激励管理办法》（以下简称"《管理办法》"）、 《国有控股上市公司(境内)实施股权激励试行办 ...

证券代码：600905 证券简称：三峡能源 公告编号：2024-016 中国三峡新能源（集团）股份有限公司 关于部分激励对象股权激励限制性股票 回购注销实施公告 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： 回购注销原因：根据《中国三峡新能源（集团）股份有限 公司 2021 年限制性股票激励计划》（以下简称《2021 年限制性 股票激励计划》），王武斌、张军仁、刘继瀛因调动情形，雷增 卷因退休情形不再具备激励对象资格，董事会同意回购注销其已 获授但尚未解除限售的限制性股票。因此，由公司对上述 4 名激 励对象已获授但尚未解除限售的 158 万股限制性股票进行回购 注销，本次回购注销的股份占目前公司总股本的 0.00552%。 本次注销股份的有关情况 | 回购股份数量 | 注销股份数量 | | 注销日期 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1,580,000 股 | 1,580,000 | 股 | 2024 ...