| 证券代码：600956 | 证券简称：新天绿能 | 公告编号：2023-015 | | --- | --- | --- | | 债券代码：175805.SH | 债券简称：G21 新 | Y1 | 新天绿色能源股份有限公司 关于召开 2022 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： 会议召开时间：2023 年 03 月 27 日(星期一)上午 10:00-11:30 会议召开方式：现场交流、视频直播结合网络互动 投资者可于 2023 年 03 月 27 日上午 10:00-11:30 到上证路演中心南方基地 （广州市天河区珠江西路 15 号珠江城大厦 58 楼）现场参与本次业绩说明会。如 有意向现场参会，请于 03 月 23 日前与公司联系。 投资者可于 2023 年 03 月 20 日(星期一)至 03 月 24 日(星期五)16:00 前登录 上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱ir@suntien.com进 行提问。公司将在说明会上对投资者普遍关注的问 ...

Financial Performance - The company's operating revenue for Q3 2022 was approximately CNY 2.82 billion, representing a 22.76% increase compared to CNY 2.30 billion in the same period last year[4]. - Net profit attributable to shareholders was CNY 49.96 million, a significant recovery from a loss of CNY 51.66 million in the previous year[4]. - The net profit after deducting non-recurring gains and losses was CNY 43.38 million, compared to a loss of CNY 58.25 million in the same period last year[4]. - Total operating revenue for the first three quarters of 2022 reached RMB 13,047,346,877.55, an increase from RMB 10,843,931,745.80 in the same period of 2021, representing a growth of approximately 20.3%[18]. - Net profit for the third quarter of 2022 was RMB 2,077,000,656.36, slightly higher than RMB 2,072,255,377.90 in the same quarter of 2021, showing a marginal increase[22]. - The company reported a profit before tax of RMB 2,437,937,077.14 for the third quarter of 2022, compared to RMB 2,397,320,117.64 in the same quarter of 2021, representing an increase of approximately 1.7%[20]. - The company reported a significant increase in long-term borrowings, rising to ¥29,707,974,346.94 from ¥28,705,566,379.15[16]. - The company reported interest income of CNY 34,717,462.05, significantly higher than CNY 3,673,613.23 in the previous year, marking an increase of approximately 844.5%[29]. Assets and Liabilities - Total assets at the end of Q3 2022 reached approximately CNY 74.28 billion, reflecting a 3.06% increase from CNY 63.19 billion at the end of the previous year[5]. - Total liabilities amount to ¥35,157,734,000.00 as of September 30, 2022[16]. - Total liabilities as of the end of the third quarter of 2022 amounted to RMB 49,683,226,603.18, compared to RMB 48,153,452,750.53 at the end of the previous year, reflecting an increase of approximately 3.2%[20]. - The company's total liabilities increased to CNY 4,945,121,960.33 in Q3 2022 from CNY 6,335,497,721.51 in Q3 2021, reflecting a decrease of approximately 21.9%[26]. - The company's total liabilities amounted to CNY 5,534,237,671.66, up from CNY 5,176,880,157.69 in the previous year, representing an increase of about 6.9%[28]. - The company’s total liabilities and equity amounted to CNY 21,537,685,844.07, compared to CNY 21,297,184,451.42 in the previous year, indicating a growth of about 1.1%[28]. Shareholder Information - The total number of shareholders as of September 30, 2022, was 69,641, with 68,415 being A-share shareholders[10]. - The largest shareholder, Hebei Construction Investment Group Co., Ltd., holds 2,058,841,253 shares, accounting for 49.17% of total shares[11]. - HKSCC NOMINEES LIMITED holds 1,835,715,285 shares, representing 43.84% of total shares[11]. - Total number of common shareholders at the end of the reporting period is 69,641[11]. Cash Flow - The company reported a net cash flow from operating activities of CNY 2.83 billion year-to-date, a decrease of 10.12% compared to CNY 3.15 billion in the previous year[4]. - In the first three quarters of 2022, the cash inflow from operating activities was CNY 12,624,331,472.41, compared to CNY 10,650,416,742.11 in the same period of 2021, representing an increase of approximately 18.5%[24]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 2,827,923,148.20, down from CNY 3,146,440,996.14 in 2021, indicating a decrease of about 10.2%[24]. - The total cash outflow from investing activities in Q3 2022 was CNY 6,303,367,003.82, compared to CNY 5,760,552,402.90 in Q3 2021, reflecting an increase of approximately 9.4%[25]. - The net cash flow from financing activities in Q3 2022 was negative CNY 571,965,284.15, a significant decrease from a positive cash flow of CNY 3,048,566,493.14 in Q3 2021[25]. - The company reported a total cash inflow from operating activities of 850,247,049.54, down from 513,209,834.86 in the prior period[32]. Operational Costs and Expenses - Total operating costs for the first three quarters of 2022 were RMB 10,899,264,560.43, up from RMB 8,755,917,947.36 in 2021, indicating an increase of about 24.5%[18]. - The company’s financial expenses for the third quarter of 2022 were RMB 887,454,333.28, compared to RMB 865,423,007.37 in the previous year, reflecting an increase of about 2.1%[20]. - Research and development expenses for the first three quarters of 2022 were CNY 11,445,453.23, compared to CNY 9,269,849.50 in the same period of 2021, showing an increase of about 23.6%[29]. Other Information - The company has not disclosed any new product or technology developments during the reporting period[13]. - There are no significant mergers or acquisitions reported in the current quarter[13]. - The company did not apply new accounting standards for the current year[33].

Financial Performance - The company's operating revenue for the first half of the year reached ¥10,225,309,885.43, representing a 19.66% increase compared to the same period last year[20]. - The net profit attributable to shareholders was ¥1,616,612,596.40, showing a decrease of 5.29% year-on-year[20]. - The net cash flow from operating activities was ¥2,089,768,200.22, down 7.73% from the previous year[21]. - Basic earnings per share decreased by 11.63% to ¥0.38 compared to ¥0.43 in the same period last year[22]. - The weighted average return on equity fell by 3.40 percentage points to 8.47%[22]. - The total assets of the company increased by 0.25% to ¥72,255,177,353.57 compared to the end of the previous year[21]. - The company's operating revenue for the first half of 2022 was RMB 10.225 billion, a year-on-year increase of 19.66%, primarily due to increased sales volume and unit price of natural gas[43]. - The net profit for the reporting period was RMB 2.024 billion, a decrease of 3.69% year-on-year, while the natural gas segment's net profit increased by 43.60% to RMB 0.593 billion[44]. - The company reported a decrease in net profit after deducting non-recurring gains and losses by 5.55% year-on-year, amounting to RMB 1.608 billion[137]. - The total comprehensive income for the period was approximately CNY 2.02 billion, a decrease from CNY 2.10 billion in the previous period, representing a decline of about 4%[148]. Market Expansion and Strategy - The company plans to expand its market presence by entering new regions, targeting a 20% increase in market share by the end of 2023[4]. - New product development includes the introduction of advanced solar energy solutions, expected to contribute an additional 10% to revenue in the next fiscal year[4]. - The company aims to achieve a renewable energy generation target of 3.3 trillion kWh by 2025, with a focus on wind and solar energy[37]. - The company is actively expanding its national footprint while maintaining its competitive advantage in the North China region[36]. - The management provided a positive outlook for the second half of 2022, expecting revenue growth driven by increased market demand and new product launches[164]. Research and Development - The company has allocated RMB 500 million for research and development in renewable energy technologies for the year 2022[4]. - Research and development expenses surged by 130.31% to RMB 37,888,206.99, attributed to increased investment in R&D activities[53]. - The company has established a digital platform utilizing IoT, big data, and cloud computing to enhance operational efficiency and management capabilities[36]. Operational Efficiency - The average utilization hours for the power plants reached 1,200 hours, indicating an increase in operational efficiency compared to the previous period[10]. - The company is focused on clean energy development, primarily in wind power and natural gas sales, with significant investments in photovoltaic power generation[28]. - The company has established a direct sales model for wind power electricity, with agreements signed with local grid companies for power purchase[28]. - The company has implemented measures to ensure the safe and stable operation of renewable energy equipment, aiming to increase power generation capacity[85]. Financial Integrity and Compliance - The company has no non-operational fund occupation by controlling shareholders or related parties, ensuring financial integrity[5]. - There are no violations of decision-making procedures regarding external guarantees, maintaining compliance with regulations[5]. - The financial report for the first half of 2022 is unaudited, with management affirming its accuracy and completeness[3]. - The company has established a robust internal control system to ensure effective financial and operational management[76]. Risks and Challenges - The company has identified potential risks related to market fluctuations and regulatory changes, with strategies in place to mitigate these risks[6]. - The company has faced challenges in the natural gas sector due to increased market competition and rising gas prices, impacting downstream user consumption[64]. - The company has identified risks related to natural conditions affecting renewable energy production, which could negatively impact revenue and operational performance[64]. Investments and Capital Expenditure - The company’s capital expenditure for the reporting period was RMB 2.508 billion, a decrease of 46.39% compared to RMB 4.678 billion in the same period last year[48]. - The company plans to invest a total of RMB 4,545,055,183.47 in various projects, including RMB 2,397,971,114.80 for the Tangshan LNG project, expected to be completed by the end of 2027[80]. - The company has signed agreements for new photovoltaic projects with a total capacity of 3,600 megawatts, bringing the cumulative photovoltaic agreement capacity to 15,799 megawatts[42]. Shareholder Information - As of June 30, 2022, the total number of shareholders was 44,600, with 43,368 A-share shareholders and 1,232 H-share shareholders[116]. - The largest shareholder, Hebei Construction Investment Group Co., Ltd., held 2,058,841,253 shares, representing 49.17% of the total shares[117]. - The company did not propose an interim dividend for the six months ending June 30, 2022[125]. Environmental and Social Responsibility - The company is actively involved in rural revitalization efforts, focusing on improving water safety and monitoring for poverty prevention in local communities[88]. - The company has committed to reducing carbon emissions through strict adherence to operational standards and maintenance procedures[86]. - The company has established emergency response plans for environmental incidents and has signed agreements for the disposal of hazardous waste[84].

Financial Performance - The company's operating revenue for Q1 2022 was ¥6,333,782,761.29, representing a 16.75% increase compared to ¥5,297,352,650.90 in the same period last year[4] - Net profit attributable to shareholders of the listed company decreased by 7.36% to ¥937,481,286.59 from ¥1,011,944,781.17 in the previous year[4] - Basic and diluted earnings per share were both ¥0.22, down 15.38% from ¥0.26 in the previous year[6] - The main reason for the decrease in net profit was a reduction in the available hours for wind power generation compared to the same period last year[10] - Total operating revenue for Q1 2022 was CNY 6,333,782,761.29, an increase of 16.7% from CNY 5,425,219,536.52 in Q1 2021[20] - Net profit for Q1 2022 was CNY 1,152,050,309.76, a decrease of 10.2% compared to CNY 1,283,457,602.94 in Q1 2021[21] - Earnings per share for Q1 2022 were CNY 0.22, down from CNY 0.26 in Q1 2021[22] - The company reported a decrease in comprehensive income attributable to shareholders of the parent company to CNY 937,481,286.59 from CNY 1,011,944,781.17 in the previous year[22] Cash Flow - The net cash flow from operating activities was ¥987,292,399.19, a decrease of 29.73% compared to ¥1,405,087,214.10 in the same period last year[6] - Total cash inflow from operating activities was ¥5,928,365,740.65, up 18.4% from ¥5,009,845,601.30 in the same period last year[24] - Cash outflow from operating activities increased to ¥4,941,073,341.46, compared to ¥3,604,758,387.20 in Q1 2021, reflecting a rise of 37.0%[24] - The net cash flow from investing activities was -¥1,156,745,257.96, an improvement from -¥1,843,037,433.62 in Q1 2021[24] - The total cash inflow from financing activities was ¥1,691,559,961.20, a significant decrease from ¥4,348,908,141.93 in Q1 2021[24] - The net cash flow from financing activities was -¥1,644,889,210.44, compared to a positive net cash flow of ¥1,532,136,327.47 in Q1 2021[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥71,295,241,205.74, a decrease of 1.08% from ¥72,077,013,277.00 at the end of the previous year[6] - The company's current assets totaled ¥15,044,776,723.44, down from ¥16,005,927,059.79 in the previous period, indicating a decline of approximately 6.06%[17] - Total liabilities decreased to ¥14,000,000,000.00 from ¥15,000,000,000.00, indicating a reduction of about 6.67%[17] - Total liabilities as of Q1 2022 amounted to CNY 47,127,338,851.92, a decrease from CNY 48,153,452,750.53 in the previous year[18] - The company's equity attributable to shareholders of the listed company increased slightly by 0.14% to ¥19,862,719,340.75 from ¥19,834,599,822.27 at the end of the previous year[6] - Total equity as of Q1 2022 was CNY 24,167,902,353.82, an increase from CNY 23,923,560,526.47 in the previous year[18] Investments and Expenses - Research and development expenses for Q1 2022 were CNY 17,480,268.21, significantly higher than CNY 6,918,971.12 in Q1 2021[20] - The company's long-term equity investments rose to ¥3,156,346,824.16 from ¥3,058,088,144.23, an increase of approximately 3.22%[17] - The company's long-term borrowings increased to CNY 29,986,718,379.62 from CNY 28,705,566,379.15 in the previous year[18] - The company reported investment income of CNY 6,938,782.61 in Q1 2022, a significant decrease from CNY 189,680,817.74 in Q1 2021, indicating a decline of approximately 96.3%[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,938, with 47,694 A-share shareholders and 1,244 H-share shareholders[11] - The company did not conduct an audit for the Q1 financial statements[3] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[15] - There are no significant mergers or acquisitions reported in the current financial quarter[15]

Financial Performance - The audited consolidated net profit attributable to the parent company's shareholders for 2021 was RMB 2,160,133,969.16, with undistributed profits amounting to RMB 6,316,513,894.20[4] - The company's operating revenue for 2021 was CNY 15,985,268,252.01, representing a 27.77% increase from CNY 12,510,885,312.89 in 2020[34] - The net profit attributable to shareholders of the listed company was CNY 2,160,133,969.16, a 43.00% increase compared to CNY 1,510,555,357.16 in the previous year[34] - The net cash flow from operating activities was CNY 4,332,641,166.95, up 11.14% from CNY 3,898,510,463.71 in 2020[34] - The total assets at the end of 2021 reached CNY 71,917,756,790.97, a 25.60% increase from CNY 57,257,714,548.41 at the end of 2020[34] - The net profit attributable to the parent company's shareholders for 2021 was RMB 2,160,133,969.16, with undistributed profits amounting to RMB 6,316,513,894.20[159] - The proposed cash dividend distribution is RMB 1.67 per 10 shares, totaling RMB 699,244,543.19, which represents 32.37% of the net profit attributable to the parent company for 2021[4] Revenue Growth - The company achieved a total revenue of 1,143,670 billion RMB in 2021, with a year-on-year growth rate of 8.1%[47] - Total revenue for 2021 was RMB 15.985 billion, up 27.77% year-on-year, with wind and solar business revenue contributing RMB 6.171 billion, a 38.26% increase[57] - The natural gas segment generated revenue of RMB 9.806 billion, reflecting a 21.93% increase due to higher gas sales volume[57] - Wind and solar power business revenue was RMB 6.15 billion, up from RMB 2.38 billion, with a gross margin of 61.28%[79] Asset Management - As of the end of 2021, the company's total assets reached RMB 71.918 billion, with operating revenue of RMB 15.985 billion and a net profit of RMB 2.712 billion, representing a significant achievement for shareholders[15] - The company’s asset-liability ratio improved to 66.96%, down from 70.84% at the end of 2020, primarily due to an increase in shareholder equity[68] - The company reported a cash and cash equivalents increase of RMB 5.670 billion, with total bank credit facilities amounting to RMB 73.497 billion[64] Operational Achievements - The company's wind and solar power generation business achieved an electricity generation of 13.635 billion kWh, a year-on-year increase of 35.66%, while electricity sales reached 13.14 billion kWh, up 39.82% from the previous year[15] - The total gas transmission volume for the natural gas business was 4.157 billion cubic meters, reflecting a growth of 7.30%, with gas sales volume increasing by 8.03% to 3.808 billion cubic meters[15] - The company successfully completed a non-public issuance of A-shares, raising a total of RMB 4.596 billion, marking the largest equity financing in the capital market for the company[15] Strategic Initiatives - The company plans to focus on the development of offshore wind power projects and aims to achieve further success in this area[17] - The company is actively planning and laying out large-scale development projects, including the Tangshan LNG project terminal and external pipeline construction[17] - The company is committed to developing new technologies and products to improve energy efficiency and sustainability[19] - The company is focusing on large-scale projects in the renewable energy sector, particularly in offshore wind and solar energy, aiming for significant development in resource reserves around major corridors and bases[105] Risk Management - The company has detailed potential risks and countermeasures in the report, particularly in the "Management Discussion and Analysis" section[7] - The company is addressing risks in the wind and solar business, including resource uncertainty and potential power output limitations due to grid construction delays[107] - The company has established a comprehensive risk management framework, completing an annual risk assessment report and monitoring major risk indicators quarterly[174] Corporate Governance - The board of directors consists of 9 members, including 4 non-executive directors, 2 executive directors, and 3 independent non-executive directors, complying with Hong Kong listing rules[111] - The company has established a modern corporate governance structure, including a shareholders' meeting, board of directors, supervisory board, and specialized committees[110] - The company has implemented measures to ensure compliance with the disclosure of the prospectus, maintaining accuracy and completeness[188] Research and Development - Research and development expenses surged by 97.77% to RMB 72.02 million, up from RMB 36.42 million, indicating a significant increase in R&D investment[76] - The company is investing heavily in R&D, with a budget increase of 25% to enhance technology development and innovation[130] Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[126] - The company is actively pursuing the development of offshore wind projects in Hebei province, leveraging existing projects to explore new resources and cooperation models[105] Environmental Commitment - The company generated 13.635 billion kWh of green electricity in 2021, avoiding CO2 emissions of approximately 11.3443 million tons[183] - The company has implemented measures to manage hazardous waste and has established emergency response plans for environmental incidents[181] Shareholder Engagement - The company plans to distribute dividends within two months after the annual shareholders' meeting, expected by August 31, 2022[160] - The profit distribution plan requires approval from the shareholders' meeting, with a two-thirds majority needed for any adjustments to the policy[160]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,296,803,524.64, representing a year-over-year increase of 32.63%[4] - The net profit attributable to shareholders for Q3 2021 was a loss of CNY 51,661,164.28, with a year-to-date net profit of CNY 1,531,924,918.61, which increased by 62.67% compared to the same period last year[4][9] - The basic and diluted earnings per share for Q3 2021 were both -0.02 CNY, while the year-to-date basic earnings per share increased by 65.22% to 0.38 CNY[5][9] - Total operating revenue for the first three quarters of 2021 reached ¥10,701,177,849.78, a significant increase of 28.6% compared to ¥8,318,459,199.07 in the same period of 2020[20] - Operating profit for the first three quarters was ¥2,243,041,716.68, representing a year-over-year increase of 54.4% from ¥1,452,740,805.49[20] - The total profit for Q3 2021 was approximately CNY 2.26 billion, an increase from CNY 1.45 billion in Q3 2020, representing a growth of 55.5%[21] - Net profit attributable to shareholders of the parent company reached CNY 1.53 billion, up from CNY 941.76 million in the same period last year, marking a 62.6% increase[22] - The company's total comprehensive income for Q3 2021 was CNY 1.94 billion, compared to CNY 1.21 billion in Q3 2020, reflecting a growth of 60.4%[22] Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 65,051,410,806.63, reflecting a 13.61% increase from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2021 was CNY 14,527,445,969.65, which is a 10.35% increase compared to the end of the previous year[5] - Total current assets reached ¥11,010,149,014.47, compared to ¥8,634,192,204.39 at the end of 2020, indicating significant growth[16] - Non-current assets totaled ¥54,041,261,792.16, an increase from ¥48,623,522,344.02 in the previous year, reflecting a growth of 11.6%[18] - Total liabilities increased to ¥46,465,903,506.51, up from ¥40,562,225,451.00, indicating a rise of 14.8%[18] - Long-term borrowings rose to ¥27,262,270,224.48 from ¥23,837,385,993.66, reflecting an increase of 14.2%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 3,146,440,996.14, showing an increase of 11.75%[5] - Cash inflow from operating activities totaled CNY 10.65 billion, compared to CNY 8.57 billion in the previous year, indicating a growth of 24.4%[23] - Cash outflow from operating activities was CNY 7.50 billion, resulting in a net cash flow from operating activities of CNY 3.15 billion, up from CNY 2.82 billion in the prior year[24] - The company reported a net cash outflow from investing activities of approximately CNY 5.58 billion, compared to CNY 7.28 billion in the same period last year, showing an improvement[24] - Total cash inflow from financing activities was CNY 10.40 billion, while cash outflow was CNY 7.35 billion, resulting in a net cash flow from financing activities of CNY 3.05 billion[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,736, with the top 10 shareholders holding a combined 99.99% of shares[12] - Hebei Construction Investment Group Co., Ltd. holds 1,876,156,000 shares, representing 48.73% of total shares[12] - HKSCC NOMINEES LIMITED holds 1,835,422,195 shares, accounting for 47.67% of total shares[12] Operational Insights - The increase in operating revenue was primarily driven by higher gas sales volume in the natural gas segment compared to the same period last year[9] - The decrease in net profit attributable to shareholders in Q3 2021 was mainly due to lower wind resource availability and reduced utilization hours compared to the previous year[9] - The company reported a net profit attributable to shareholders for the year-to-date period that increased significantly due to favorable wind resource conditions and the commencement of commercial operations for infrastructure projects[9] Research and Development - Research and development expenses for the third quarter were ¥25,904,005.23, compared to ¥17,868,060.39 in the same quarter of the previous year, showing a growth of 45.0%[20] Future Outlook - The company has not disclosed any new product or technology developments in the current reporting period[14] - There are no significant mergers or acquisitions reported during this quarter[14] - The company has not provided specific future guidance or outlook in the current report[14] - The company did not report any net profit from merged entities prior to the merger, indicating no impact from such activities in the current reporting period[22] - The company has adopted new leasing standards starting from 2021, but this does not apply to the current financial report[25]

Capacity and Production - The company reported a total installed capacity of 1,500 MW as of June 30, 2021, with an operational capacity of 1,200 MW[11]. - The total power generation for the first half of 2021 was 2,500 GWh, representing a 15% increase compared to the same period last year[11]. - The average utilization hours for the power plants reached 1,200 hours, which is a 10% improvement year-on-year[11]. - The company has ongoing projects with a total capacity of 500 MW under construction, expected to be operational by the end of 2022[11]. - The company's wind power generation increased to 7.547 billion kilowatt-hours, representing a year-on-year growth of 51.22%[36]. - The average utilization hours of the company's wind farms were 1,433 hours, an increase of 145 hours compared to the previous year, exceeding the national average by 221 hours[36]. - The company added 184.5 megawatts of wind power capacity in the first half of 2021, bringing the total controllable capacity to 5,656.45 megawatts[36]. - The cumulative installed capacity of wind power agreements reached 46,502.5 MW, with an additional 2,500 MW added during the reporting period[37]. Financial Performance - The company's operating revenue for the first half of 2021 was ¥8,404,374,325.14, representing a 27.60% increase compared to ¥6,586,684,345.15 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was ¥1,583,586,082.89, a 67.15% increase from ¥947,432,343.02 year-on-year[18]. - The net cash flow from operating activities reached ¥2,264,719,068.53, marking an 84.63% increase compared to ¥1,226,636,930.16 in the previous year[18]. - The company's total assets as of the end of the reporting period were ¥63,193,444,396.08, a 10.37% increase from ¥57,257,714,548.41 at the end of the previous year[18]. - The basic earnings per share for the first half of 2021 was ¥0.40, up 66.67% from ¥0.24 in the same period last year[19]. - The weighted average return on equity increased to 11.03% from 7.26%, an increase of 3.77 percentage points[20]. - The company's total operating revenue for the first half of 2021 was RMB 8.404 billion, an increase of 27.60% year-on-year, driven by strong performance in the new energy and natural gas sectors[38]. - Net profit for the reporting period reached RMB 1.971 billion, representing a year-on-year growth of 64.67%, with the wind and solar sectors contributing RMB 1.614 billion, up 79.73%[39]. Research and Development - Research and development expenses increased by 25% in the first half of 2021, focusing on new energy technologies[11]. - R&D expenses rose by 123.87% year-on-year to RMB 16.45 million, reflecting increased investment in research and development[46]. - Research and development expenses for the first half of 2021 amounted to CNY 552,434,209.15, compared to CNY 448,406,052.51 in the previous year, an increase of 23.2%[131]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in revenue from international markets by 2023[11]. - The company focuses on natural gas sales and wind power generation, with significant investments in photovoltaic power generation as a strategic direction[24]. - The company is expected to enhance its project analysis and operational maintenance to maximize returns from existing projects amid rising development challenges[30]. - The company aims to enhance its natural gas business by optimizing resource allocation and expanding market reach amidst increasing competition following the establishment of the national pipeline company[57]. - Future outlook includes plans for market expansion and potential mergers and acquisitions to enhance competitive positioning[145]. Risk Management and Compliance - The company emphasizes the importance of risk management strategies in its future operations[5]. - The company is committed to improving its risk management framework to ensure safety and compliance in operations[59]. - The company has established a modern corporate governance structure to enhance shareholder value and protect shareholder rights[65]. - The company has implemented strict COVID-19 prevention measures in collaboration with local authorities, including temperature checks and vaccination efforts[75]. Natural Gas Operations - The natural gas sales business primarily generates revenue from pipeline transportation and urban gas distribution, with unit profit margins remaining stable[25]. - In the first half of 2021, the company's total natural gas transmission volume reached 2.291 billion cubic meters, a year-on-year increase of 12.05%[35]. - The company's natural gas sales volume was 2.123 billion cubic meters, up 13.60% year-on-year, with wholesale gas volume increasing by 10.26% to 1.29 billion cubic meters and retail gas volume rising by 18.31% to 790 million cubic meters[35]. - The natural gas sales revenue was RMB 5.035 billion, reflecting a year-on-year increase of 15.95% and accounting for 59.91% of total revenue[45]. Corporate Governance and Shareholder Information - The company has not proposed any profit distribution or capital reserve transfer for the reporting period[64]. - The company has not encountered any overdue bonds during the reporting period[113]. - The company has not provided any guarantees to shareholders, actual controllers, or related parties during the reporting period[97]. - The company has received approval from shareholders for its A-share issuance plan, with subsequent work progressing in an orderly manner[68]. - The largest shareholder, Hebei Construction Investment Group Co., Ltd., holds 1,876,156,000 shares, representing 48.73% of the total shares[103]. Environmental Impact - The company reported a total of 635.4 million tons of CO2 emissions reduced due to wind and solar power generation compared to traditional energy sources[116]. - The Chinese government aims to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, which will significantly impact the energy structure and consumption methods in the country[27]. Financial Position and Liabilities - The asset-liability ratio as of June 30, 2021, was 70.35%, a slight decrease from 70.84% at the end of 2020[44]. - The company's total liabilities increased to ¥44,454,837,527.89 from ¥40,562,225,451.00, representing a rise of approximately 9.3%[126]. - The company's total current liabilities amounted to ¥15,543,556,549.27, compared to ¥13,535,860,041.53, indicating an increase of approximately 14.8%[126]. Cash Flow and Investments - The net cash inflow from operating activities was RMB 2.265 billion, an increase of 84.63% compared to the previous year, driven by higher cash receipts from sales[46]. - The net cash outflow from investment activities was RMB 3.557 billion, a decrease of 8.06% year-on-year, mainly due to reduced cash payments for fixed asset purchases[46]. - The company reported a significant increase in user data, with a rise in active users contributing to revenue growth[145]. Employee and Labor Relations - As of June 30, 2021, the company had a total of 2,387 employees, reflecting ongoing improvements in recruitment and human resource management systems[66]. - The company has maintained stable and harmonious labor relations, ensuring compliance with labor laws and regulations[66].