Financial Performance - Operating revenue for Q1 2022 reached ¥17,099,460,204.21, an increase of 22.78% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥2,884,076,302.67, reflecting a growth of 53.25% year-on-year[3]. - Basic earnings per share increased to ¥0.160, a rise of 49.08% compared to the same period last year[3]. - Operating profit for Q1 2022 reached ¥6,491,676,602.78, compared to ¥4,243,398,317.57 in Q1 2021, reflecting a growth of 53.1%[16]. - Net profit for Q1 2022 was ¥6,489,903,231.77, an increase of 53.7% from ¥4,223,586,056.07 in Q1 2021[16]. - The company reported a total comprehensive income of approximately ¥5.35 billion, compared to ¥3.47 billion in the previous year, indicating a 54% increase[17]. Cash Flow - Net cash flow from operating activities amounted to ¥10,245,556,659.55, up 68.72% from the previous year[3]. - The net cash flow from operating activities was approximately ¥10.25 billion, up from ¥6.07 billion in the same period last year, representing a 68% increase[18]. - The net cash flow from financing activities was approximately ¥795 million, compared to a negative cash flow of ¥3.13 billion in the previous year, indicating a significant improvement[19]. - Cash inflow from financing activities reached 2,411,515,643.64 RMB in Q1 2022, compared to no inflow in Q1 2021[25]. - The net increase in cash and cash equivalents was 1,025,374,984.25 RMB in Q1 2022, contrasting with a decrease of -2,020,815,411.05 RMB in Q1 2021[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥419,961,399,471.21, representing a 2.45% increase from the end of the previous year[3]. - Total liabilities for Q1 2022 were ¥281,579,494,139.22, a slight decrease from ¥284,343,077,804.44 in Q1 2021[15]. - The company's equity attributable to shareholders increased to ¥86,534,326,372.94 in Q1 2022, compared to ¥76,301,639,589.04 in Q1 2021, reflecting a growth of 13.5%[15]. - The total current assets as of March 31, 2022, amounted to 64.20 billion, an increase from 57.81 billion as of December 31, 2021[13]. - The company's total assets increased to ¥67.89 billion in Q1 2022, up from ¥65.77 billion in Q1 2021, representing a growth of approximately 3.22%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 355,979, with the largest shareholder, China National Nuclear Corporation, holding 59.37% of shares[10]. - Shareholders' equity attributable to the parent company was ¥86,534,326,372.94, up 13.41% year-on-year[3]. Research and Development - Research and development expenses for Q1 2022 amounted to ¥246,694,316.66, compared to ¥190,464,031.38 in Q1 2021, indicating a rise of 29.6%[16]. - The company plans to enhance its research and development efforts, as indicated by the increase in management expenses to ¥36.47 million in Q1 2022 from ¥26.61 million in Q1 2021[22]. Operational Highlights - The company reported a significant increase in electricity sales revenue, contributing to the overall growth in operating income[7]. - The company executed retrospective adjustments for trial operation sales, increasing net profit by ¥156 million for Q1 2021[4]. - The company experienced a 109.44% increase in non-current assets due within one year, primarily due to reclassification of debt investments[7]. Investment Activities - The company incurred cash outflows from investing activities totaling approximately ¥6.83 billion, compared to ¥6.01 billion in the previous year, reflecting an increase of 13.5%[19]. - The company reported a total cash outflow for investment activities of 3,093,081,842.00 RMB in Q1 2022, slightly higher than 3,065,162,936.48 RMB in Q1 2021[25].

Financial Performance - The company's operating revenue for 2021 was approximately ¥62.37 billion, representing a 19.30% increase from ¥52.28 billion in 2020[17]. - The net profit attributable to shareholders for 2021 was approximately ¥8.04 billion, a 34.07% increase compared to ¥5.99 billion in 2020[17]. - The net cash flow from operating activities for 2021 was approximately ¥35.61 billion, reflecting a 14.39% increase from ¥31.13 billion in 2020[17]. - The total assets at the end of 2021 were approximately ¥409.62 billion, which is a 7.30% increase from ¥381.75 billion at the end of 2020[17]. - The basic earnings per share for 2021 was ¥0.439, up 15.83% from ¥0.379 in 2020[18]. - The weighted average return on equity for 2021 was 12.04%, an increase of 1.06 percentage points from 10.98% in 2020[18]. - In 2021, the company achieved a total profit of 16.559 billion RMB, a year-on-year increase of 25.65%[56]. - The company's total assets reached 409.621 billion RMB, a growth of 7.30% compared to the previous year[56]. - The asset-liability ratio improved slightly to 69.42%, down 0.07 percentage points year-on-year[56]. Investment and Development - The company is focused on developing high-tech industries with an emphasis on independent technology and rapid entry into leading market positions[9]. - The company is actively involved in the research and development of advanced nuclear technologies, including the AP1000 and other third-generation reactor designs[9]. - The company initiated the construction of four VVER units, with significant progress in nuclear energy project development, including the global first Linglong One reactor[27]. - The company is actively exploring new industries and expanding its non-nuclear clean energy sector, aiming to cultivate new economic growth points[39]. - The company plans to enhance the economic efficiency of its nuclear power units and promote the development of advanced nuclear technologies[72]. - The company is focusing on diversifying nuclear energy applications beyond power generation to include heating, desalination, and hydrogen production[101]. Operational Efficiency and Safety - The average capacity factor of all units reflects the effectiveness of management in optimizing planned outages and reducing unplanned energy losses[9]. - The company has a commitment to safety and operational excellence, as evidenced by its membership in the World Association of Nuclear Operators (WANO)[9]. - The average utilization hours for nuclear power units increased by 250 hours year-on-year to 7,871 hours, with 19 out of 22 units achieving full scores in the WANO comprehensive index, setting a historical high average score of 99.51[25]. - The company achieved a safety operation level with an average score of 99.51 for 22 nuclear power units, marking the highest historical level[50]. - The company is committed to enhancing its safety culture and improving operational safety performance in 2022[108]. Corporate Governance - The company has been recognized as a model enterprise for corporate governance by the State-owned Assets Supervision and Administration Commission, reflecting its commitment to effective management practices[53]. - The company has established a comprehensive governance framework, including 35 categories and 230 items of decision-making processes, to ensure effective board operations[115]. - The company has completed the acquisition of 100% equity in China Nuclear Energy Power Co., Ltd., enhancing its operational capabilities in the energy sector[116]. - The company has not faced any penalties from securities regulatory agencies in the past three years[131]. - The company has established a salary management system to attract and retain talent through competitive compensation packages[146]. Environmental and Social Responsibility - The company has been recognized for its corporate social responsibility initiatives, receiving awards for outstanding cases in sustainable development[33]. - The company invested over 600 million yuan in poverty alleviation and rural revitalization efforts, with over 3.8 million yuan in consumption assistance and more than 51 million yuan in introduced funds[165]. - The company has implemented energy-saving measures, achieving a 1.35% reduction in energy consumption per unit of industrial added value compared to the previous year[163]. - The company actively promotes ecological and environmental protection initiatives, enhancing its capacity for ecological civilization construction[162]. Future Outlook - The company plans to generate 196 billion kilowatt-hours of electricity in 2022 and has set 85 key work tasks for the year[108]. - By 2025, the company aims to reach an installed power capacity of 56 million kilowatts and double the output value of nuclear technology services, while non-nuclear clean energy is expected to become a 10 billion yuan industry[105]. - Future performance guidance indicates a positive outlook with expected revenue growth driven by ongoing projects and market demand[124]. Shareholder Returns - As of December 31, 2021, the distributable profit for common shareholders was CNY 1,384,610.22 million, with a proposed cash dividend of CNY 1.5 per 10 shares, totaling CNY 282,733.95 million based on the total share capital of 1,884,893.0216 million shares as of March 31, 2022[3]. - The company has maintained a cash dividend policy that requires at least 30% of the distributable profit to be distributed in cash each year[149]. - The company has consistently increased its cash dividend per share for six consecutive years since its listing[149]. Risk Management - The company has implemented a comprehensive risk management system, internal control management system, and compliance management system[159]. - The company is committed to risk management and compliance, as highlighted in its 2021 comprehensive risk management report[131]. - The company faces increased challenges in ensuring the safe and stable operation of its nuclear power units due to the complexity of reactor types and external environmental changes[113].

Financial Performance - The company reported a total revenue of 10.5 billion CNY for the first half of 2021, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders was 2.1 billion CNY, up 20% compared to the same period last year[1]. - The company's operating revenue for the first half of 2021 was approximately CNY 29.77 billion, representing a 24.64% increase compared to the same period last year[16]. - The net profit attributable to shareholders for the same period was approximately CNY 4.47 billion, reflecting a 46.23% year-over-year growth[16]. - The basic earnings per share for the first half of 2021 was CNY 0.246, up 24.87% from CNY 0.197 in the same period last year[17]. - The company reported non-recurring gains of approximately CNY 72.98 million during the reporting period[19]. - The total comprehensive income for the period reached CNY 4,900,229,067.47, reflecting a significant increase compared to the previous year[150]. - The company's net profit after deducting non-recurring gains and losses for the first half of 2021 was approximately ¥4.40 billion, an increase of 47.20% compared to the same period last year[116]. Operational Capacity and Development - The installed capacity of the company reached 12,000 MW, with a utilization rate of 85% during the reporting period[1]. - The company is actively expanding its clean energy projects, focusing on nuclear power and renewable energy sources[20]. - The company aims to innovate and develop nuclear technology services while exploring new industries to foster economic growth[20]. - The company has over 10 nuclear power site reserves that meet national development planning requirements, actively exploring new energy markets such as wind, solar, and geothermal[26]. - The company has a total of 24 operational nuclear power units with a total installed capacity of 22.509 million kW, accounting for 42.25% of the national operational nuclear power units[24]. - The total power generation from nuclear power units in the first half of 2021 was 82.884 billion kWh, a year-on-year increase of 23.43%, accounting for 42.48% of the national operational nuclear power generation[24]. - The company's renewable energy operational capacity reached 6.03694 million kW, including 1.9739 million kW from wind power and 4.06304 million kW from solar power[25]. - In the first half of 2021, renewable energy generation was 4.354 billion kWh, a year-on-year increase of 236.67%, with solar power generation at 2.265 billion kWh (up 204.94%) and wind power generation at 2.088 billion kWh (up 279.51%)[25]. Financial Position and Assets - The company reported a total asset value of approximately CNY 396.69 billion, which is a 3.92% increase from the end of the previous year[16]. - Cash and cash equivalents at the end of the period reached ¥17,233,160,206.69, accounting for 4.34% of total assets, an increase of 11.89% compared to the previous year[46]. - The total amount of restricted assets reached ¥16,181,909,236.68, primarily due to financing business pledges[49]. - The company’s total liabilities increased by 13.96% to ¥397,000,000,000.00, indicating a growing leverage position[46]. - The company’s total assets for the newly acquired China Nuclear Energy Holdings Limited reached CNY 43,318.97 million, with a net profit of CNY 825.09 million, contributing positively to the overall financial health[54]. - The total assets at the end of the period amounted to CNY 93,595,204,941.61, demonstrating robust asset growth[149]. Investment and Financing Activities - The company plans to expand its market presence by increasing its investment in renewable energy projects by 30% in the next fiscal year[1]. - The company issued CNY 2 billion in medium-term notes and CNY 1 billion in green bonds to enhance financing efficiency[40]. - The company completed a non-public offering, increasing its total shares from 15,565,468,326 to 17,456,019,161 shares[94]. - The company has signed strategic cooperation agreements with multiple domestic and international institutions to explore overseas energy market opportunities[26]. - The company acquired 100% equity of China Nuclear Energy Holdings Limited for a transaction price of CNY 2,110.5535 million, enhancing its renewable energy capacity to 5,286.9 MW, including 1,786.4 MW from wind and 3,500.5 MW from solar[52]. Risk Management and Compliance - The company has outlined potential risks in its future development, including regulatory changes and market competition[4]. - The company faces risks related to the ongoing pandemic, which may affect project personnel mobility and construction progress, necessitating strict adherence to health protocols[55]. - The company is monitoring risks associated with electricity sales due to ongoing reforms in the national electricity market, aiming to expand government-authorized contract ratios[56]. - The company has implemented measures to optimize construction management and mitigate risks related to project delays caused by various factors, including the pandemic[56]. - The company has enhanced safety management for its nuclear power units, focusing on equipment reliability and operational safety to address the complexities of its nuclear fleet[57]. Governance and Management - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring no significant omissions[2]. - The company has no plans for profit distribution or capital reserve transfer during this reporting period[2]. - The company’s board of directors approved the appointment of Lu Tiezong as chairman on July 15, 2021, following the resignation of Liu Jing[60]. - The company’s first half of 2021 report did not indicate any significant changes in management or governance beyond the board elections[59]. - The company has a well-established talent training mechanism, with a focus on cultivating high-quality personnel in nuclear power engineering and management[30]. Environmental and Social Responsibility - The company has not faced any administrative penalties related to environmental issues during the reporting period[66]. - All operating nuclear power plants have reported that their radioactive discharge meets national limits, with no incidents of exceeding discharge standards or environmental pollution events in the first half of 2021[66]. - The company has implemented measures to minimize radioactive waste generation, effectively controlling and reducing waste production[67]. - The company is actively involved in rural revitalization efforts, deploying 15 village officials across 10 villages in 7 provinces to support local development initiatives[69]. - The company has established an emergency response plan for environmental incidents and has developed an environmental protection management outline for its nuclear power plants[66]. Accounting and Financial Reporting - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status[156]. - The financial reporting period covers from January 1, 2021, to June 30, 2021[157]. - The company has specific accounting policies for bad debt provisions, fixed asset depreciation, and revenue recognition[155]. - The company recognizes expected credit losses for financial assets measured at amortized cost and certain debt instruments measured at fair value[165]. - The company applies a two-step approach for subsequent measurement of financial assets, considering impairment and amortization[165].

Financial Performance - The company's operating revenue for 2020 was CNY 52.28 billion, an increase of 10.61% compared to CNY 47.26 billion in 2019[19]. - The net profit attributable to shareholders for 2020 was CNY 5.99 billion, representing a growth of 26.02% from CNY 4.76 billion in 2019[19]. - The net cash flow from operating activities reached CNY 31.13 billion, up 16.74% from CNY 26.67 billion in 2019[19]. - The total assets at the end of 2020 amounted to CNY 381.75 billion, a 6.65% increase from CNY 357.94 billion in 2019[19]. - The basic earnings per share for 2020 was CNY 0.379, reflecting a 23.86% increase from CNY 0.306 in 2019[20]. - The weighted average return on equity for 2020 was 10.98%, an increase of 1.32 percentage points from 9.66% in 2019[20]. - The company achieved a total profit of 13.179 billion RMB, a year-on-year increase of 24.16%[75]. - The company's total revenue for the year was 15,397,874.14 million RMB, representing a 12.55% increase compared to the previous year[101]. Dividend Distribution - The profit available for distribution to ordinary shareholders as of December 31, 2020, is CNY 1,233,193.55 million, with a proposed cash dividend of CNY 1.3 per 10 shares, totaling CNY 226,928.20 million[4]. - The company declared a cash dividend of 0.13 CNY per share for the year 2020, representing 38.48% of the net profit attributable to shareholders[129]. - In 2020, the total cash dividend amounted to approximately 2.27 billion CNY, compared to 1.90 billion CNY in 2019, reflecting a year-on-year increase[129]. - The company has maintained a consistent cash dividend policy, having distributed cash dividends for five consecutive years since its listing[128]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies, urging investors to consider investment risks[5]. - The company has outlined potential risks and countermeasures in the report, particularly in the section discussing future development[6]. - The company is closely monitoring national policy changes and conducting risk assessments to ensure the achievement of its 14th Five-Year Plan development goals[124]. - The company is addressing potential risks related to safety, environmental protection, engineering construction progress, electricity pricing, and operational stability of nuclear units[125]. Operational Highlights - The company's total power generation for 2020 was 153.976 billion kWh, an increase of 17.175 billion kWh or 12.55% year-on-year[31]. - The nuclear power generation for the company in 2020 was 148.336 billion kWh, representing a year-on-year growth of 8.9% and accounting for 40.5% of the national nuclear power generation[32]. - The company's renewable energy generation reached 5.64 billion kWh, a significant increase of 860.98% year-on-year, with solar power contributing 2.367 billion kWh (up 612.88%) and wind power 3.273 billion kWh (up 1184.25%)[33]. - The company successfully completed the commercial operation of the Tianwan Unit 5 three months ahead of schedule, and the first demonstration project of the Hualong One reactor was successfully connected to the grid[45]. Investments and Acquisitions - The company completed the acquisition of 100% equity in China Nuclear Huineng, impacting the financial results for the reporting period[23]. - The company conducted acquisitions including 100% stake in China Nuclear Energy and 5% stake in Sanmen Nuclear Power, enhancing resource integration and market control[61]. - The company is actively exploring new industries related to nuclear energy and technology services as new economic growth points[28]. Environmental and Social Responsibility - The company has implemented effective environmental monitoring, with no incidents of radioactive material exceeding discharge limits in 2020[164]. - The company is committed to developing clean energy and has established a comprehensive environmental management framework[164]. - The company invested a total of 670 million yuan in poverty alleviation during the "13th Five-Year Plan" period, sending 17 poverty alleviation personnel to assist in various provinces[43]. - The company helped 6,867 registered impoverished individuals to escape poverty[154]. Future Plans and Strategic Focus - The company aims to expand its nuclear power capacity, targeting an operational capacity of 70 million kW by 2025 and 120 million kW by 2030[75]. - The company plans to maintain a construction pace of 6-8 nuclear power units annually during the 14th Five-Year Plan period[75]. - The company aims to achieve a non-nuclear clean energy power consumption rate not lower than the regional average, targeting a market scale of 10 billion yuan for independent operations in non-nuclear clean energy[122]. - The company is committed to improving safety production responsibilities and enhancing the safety quality supervision system to prevent various safety production incidents[122].

Financial Performance - Operating revenue for the period was ¥13.75 billion, representing a year-on-year increase of 26.06%[5] - Net profit attributable to shareholders was ¥1.79 billion, a significant increase of 67.93% compared to the same period last year[5] - Basic earnings per share rose to ¥0.102, reflecting a 50.00% increase year-on-year[5] - The total profit for the period was 4.068 billion RMB, reflecting a year-on-year growth of 55.81%, attributed to increased power revenue and reduced financial expenses[11] - The net profit reached 3.325 billion RMB, up 68.61% year-on-year, driven by the increase in total profit and a lower growth rate in income tax expenses[11] - The company’s total comprehensive income for Q1 2021 was ¥3,315,313,542.39, compared to ¥1,972,683,713.63 in Q1 2020[22] - Net profit for Q1 2021 was ¥3,325,119,932.92, representing a 68.7% increase compared to ¥1,972,053,283.00 in Q1 2020[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥389.79 billion, an increase of 2.11% compared to the end of the previous year[5] - Non-current liabilities totaled ¥212.68 billion, compared to ¥210.63 billion in the previous period, reflecting an increase of about 0.97%[17] - Current liabilities rose to ¥58.23 billion, up from ¥54.63 billion, indicating a growth of approximately 6.06%[16] - The total liabilities increased to ¥270.90 billion from ¥265.26 billion, reflecting a growth of approximately 2.48%[17] - The total equity increased to ¥118.89 billion from ¥116.49 billion, marking a growth of about 2.06%[17] - The company's total assets amounted to approximately 57.725 billion RMB as of March 31, 2021, compared to 51.950 billion RMB at the end of 2020[15] - The total current assets amounted to ¥51,950,222,141.57, with a minor decrease from ¥51,944,896,728.43[33] Cash Flow - The net cash flow from operating activities was ¥6.07 billion, an increase of 1.31% compared to the previous year[5] - The company reported a net cash outflow from investing activities of 5.872 billion RMB, an increase of 109.13% compared to the previous period, due to higher cash payments for long-term assets and investments[13] - The financing activities generated a net cash inflow of 1.144 billion RMB, a significant increase of 400.22% compared to the previous period, mainly due to increased financing received[13] - The cash flow from operating activities for Q1 2021 was RMB 6,072,510,929.13, slightly up from RMB 5,993,860,175.97 in Q1 2020[28] - The cash inflow from financing activities in Q1 2021 was RMB 12,650,169,430.71, compared to RMB 10,006,569,809.97 in Q1 2020[29] - The cash outflow for investing activities in Q1 2021 was RMB 6,008,006,520.86, up from RMB 3,882,635,864.36 in Q1 2020[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 399,882[9] - The largest shareholder, China National Nuclear Corporation, holds 64.11% of the shares[9] Investments and Expenses - Research and development expenses for Q1 2021 were ¥190,464,031.38, compared to ¥179,479,552.29 in Q1 2020, indicating a focus on innovation[21] - The company reported a financial expense of ¥1,392,770,795.09 in Q1 2021, down from ¥1,968,676,242.60 in Q1 2020, reflecting improved cost management[21] - The company’s long-term equity investments were valued at ¥3,812,217,842.80 as of January 1, 2021[33] - The company’s interest expenses for Q1 2021 were RMB 36,490,645.19, compared to RMB 58,782,713.81 in Q1 2020, indicating a decrease in financial costs[24] Other Financial Metrics - The weighted average return on equity increased to 2.86%, up by 0.87 percentage points from the previous year[5] - Diluted earnings per share for the period was ¥0.099, an increase of 47.76% compared to the same period last year[6] - The company's accounts receivable increased to 0.98 billion RMB, a rise of 37.34% year-on-year, due to an increase in electricity bill settlement notes received[11] - Other receivables rose to 6.97 billion RMB, up 37.21% from the previous year, mainly due to an increase in VAT refund claims[11]

Financial Performance - The company's operating revenue for 2020 was CNY 52.28 billion, an increase of 10.61% compared to CNY 47.26 billion in 2019[19]. - The net profit attributable to shareholders for 2020 was CNY 5.99 billion, representing a growth of 26.02% from CNY 4.76 billion in 2019[19]. - The net cash flow from operating activities reached CNY 31.13 billion, up 16.74% from CNY 26.67 billion in 2019[19]. - The basic earnings per share for 2020 was CNY 0.379, a 23.86% increase from CNY 0.306 in 2019[20]. - The total assets at the end of 2020 amounted to CNY 381.75 billion, reflecting a 6.65% increase from CNY 357.94 billion in 2019[19]. - The company's net assets attributable to shareholders increased by 36.02% to CNY 70.46 billion in 2020 from CNY 51.80 billion in 2019[19]. - The company achieved a total profit of 13.179 billion RMB in 2020, representing a year-on-year growth of 24.16%[75]. - The company's operating revenue for 2020 was 52.276 billion RMB, an increase of 10.61% compared to 47.261 billion RMB in the previous year[75][76]. Dividend Distribution - The profit available for distribution to ordinary shareholders as of December 31, 2020, is CNY 1,233,193.55 million, with a proposed cash dividend of CNY 1.3 per 10 shares, totaling CNY 226,928.20 million[4]. - The company declared a cash dividend of 0.13 CNY per share for the year 2020, representing 38.48% of the net profit attributable to shareholders[129]. - In 2020, the total cash dividend amounted to approximately 2.27 billion CNY, an increase from 1.90 billion CNY in 2019[129]. - The company has maintained a consistent cash dividend policy, distributing dividends for five consecutive years since its listing[128]. - There were no adjustments to the cash dividend policy during the reporting period[128]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding future plans and development strategies, urging investors to consider investment risks[5]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or their related parties[5]. - The company has not reported any violations of decision-making procedures regarding external guarantees[5]. - The company is committed to ensuring the authenticity, accuracy, and completeness of the annual report[2]. - The board of directors and senior management have confirmed the integrity of the financial report[3]. Operational Highlights - The total electricity generation for the year reached 1539.76 billion kWh, an increase of 171.75 billion kWh or 12.55% compared to the previous year, with nuclear power generation contributing 1483.36 billion kWh, up 8.90% year-on-year[82]. - The company's total power generation for 2020 was 153.976 billion kWh, an increase of 12.55% year-on-year, equivalent to reducing coal consumption by 46.838 million tons and CO2 emissions by 122.816 million tons[31]. - The installed capacity of the company's nuclear power units reached 21.391 million kW, accounting for approximately 42.88% of the national operational nuclear power units, with a total nuclear power generation of 148.336 billion kWh, up 8.9% year-on-year[32]. - The company's renewable energy installed capacity was 5.2499 million kW, with a total renewable energy generation of 5.640 billion kWh, representing a year-on-year growth of 860.98%[33]. - The company successfully completed the commercial operation of the Tianwan Unit 5 three months ahead of schedule, and the Hualong One first unit was successfully connected to the grid[45]. Investment and Growth Strategy - The company plans to balance investor returns with long-term development needs in its profit distribution strategy[4]. - The company plans to continue expanding its market presence and investing in new technologies and products[23]. - The company is focusing on a three-pronged strategy of "nuclear energy + non-nuclear clean energy + agile new industries" for future growth[75]. - The company plans to expand its nuclear power capacity, aiming for an operational capacity of 70 million kW by 2025 and 120 million kW by 2030[75]. - The company is actively exploring new industries related to nuclear energy and technology services, aiming to cultivate technology services as a new economic growth point[28]. Environmental and Social Responsibility - The company is committed to building a clean, low-carbon, safe, and efficient energy system, contributing to ecological civilization[165]. - The company has implemented effective environmental monitoring, ensuring that emissions from its nuclear power plants meet national standards, with no incidents of radioactive material exceeding limits in 2020[165]. - The company invested a total of 670 million yuan in poverty alleviation during the 13th Five-Year Plan period, sending 17 poverty alleviation personnel to assist in various provinces[43]. - The company has committed to integrating poverty alleviation with its core business operations, achieving all poverty alleviation targets in the designated areas[153]. - The company plans to continue its poverty alleviation efforts in 2021, maintaining investment levels and integrating rural revitalization into its annual assessment framework[159]. Research and Development - The company’s R&D investment increased to 2.58% of revenue, up from 1.74% in 2019, with a total research funding exceeding 700 million CNY[69]. - Research and development expenses increased by 80.13% to approximately 1.026 billion RMB, indicating a significant investment in innovation[75][76]. - The number of R&D personnel accounted for 17.20% of the total workforce, totaling 2,496 employees[90]. - The company completed preliminary planning for agile new industries after conducting research on 23 units across multiple sectors[67]. Corporate Governance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[3]. - The company has not faced any major litigation or arbitration matters during the reporting period[135]. - The company has adhered to its commitment to return value to shareholders and has not faced any integrity issues during the reporting period[136]. - The company has a reasonable plan for future debt repayment, ensuring sufficient cash flow[171].

Financial Performance - Net profit attributable to shareholders rose by 67.93% to CNY 1.79 billion year-on-year[5] - Operating revenue grew by 26.06% to CNY 13.75 billion compared to the same period last year[5] - Basic earnings per share increased by 50.00% to CNY 0.102[5] - The total profit for the period was 4.068 billion RMB, reflecting a year-on-year growth of 55.81%, attributed to increased power generation revenue and reduced financial expenses[11] - The net profit reached 3.325 billion RMB, up 68.61% year-on-year, driven by the increase in total profit and a lower growth rate in income tax expenses[11] - The net profit after deducting non-recurring gains and losses increased by 71.69% to CNY 1.79 billion[5] - The company’s total comprehensive income for Q1 2021 was ¥3,315,313,542.39, compared to ¥1,972,683,713.63 in Q1 2020, indicating strong overall performance[22] Assets and Liabilities - Total assets increased by 2.11% to CNY 389.79 billion compared to the end of the previous year[5] - The total liabilities increased to ¥270.90 billion from ¥265.26 billion, reflecting a growth of approximately 2.48%[17] - Non-current liabilities totaled ¥212.68 billion, compared to ¥210.63 billion in the previous period, reflecting an increase of about 0.97%[17] - Current liabilities rose to ¥58.23 billion, up from ¥54.63 billion, indicating a growth of approximately 6.06%[16] - The total equity increased to ¥118.89 billion from ¥116.49 billion, marking a growth of about 2.06%[17] - The company's goodwill remained stable at ¥1.62 billion, unchanged from the previous period[16] Cash Flow - Cash flow from operating activities increased by 1.31% to CNY 6.07 billion compared to the previous year[5] - The company reported a net cash outflow from investing activities of 5.872 billion RMB, an increase of 109.13% compared to the previous period, due to higher cash payments for long-term assets and investments[13] - The financing activities generated a net cash inflow of 1.144 billion RMB, a significant increase of 400.22% compared to the previous period, mainly due to increased financing received[13] - The cash inflow from operating activities was significantly higher than the previous year, reflecting improved operational efficiency[30] Shareholder Information - The total number of shareholders reached 399,882 by the end of the reporting period[9] - The largest shareholder, China National Nuclear Corporation, holds 64.11% of the shares[9] Investment and R&D - The company completed the acquisition of China Nuclear Huineng Co., Ltd. in December 2020, which is reflected in the financial adjustments[6] - Research and development expenses for Q1 2021 were ¥190,464,031.38, compared to ¥179,479,552.29 in Q1 2020, indicating a focus on innovation[21] Inventory and Receivables - The company's accounts receivable increased to 0.98 billion RMB, a rise of 37.34% year-on-year, due to an increase in electricity bill settlement notes received[11] - Other receivables rose to 6.97 billion RMB, up 37.21% from the previous year, mainly due to an increase in VAT refund claims[11] - The company reported a total of ¥20,172,633,000.69 in inventory as of Q1 2021, remaining stable compared to previous periods[33]

Financial Performance - Operating revenue for the first nine months was ¥36.94 billion, representing a year-on-year increase of 9.02%[5] - Net profit attributable to shareholders of the listed company was ¥4.91 billion, up 33.23% from the same period last year[5] - Basic earnings per share increased by 32.91% to ¥0.315 compared to the previous year[5] - The net profit for the current period increased by 29.43% compared to the previous period, primarily due to an increase in nuclear power generation and a reduction in financial expenses[11] - The net profit attributable to shareholders increased by 33.23%, with basic earnings per share rising by 32.91%[11] - Total operating revenue for Q3 2020 reached ¥13,707,920,823.96, an increase from ¥11,897,627,943.13 in Q3 2019, representing a growth of approximately 15.1%[21] - Net profit for Q3 2020 was ¥3,522,772,726.85, compared to ¥1,955,571,145.31 in Q3 2019, indicating a significant increase of about 80.0%[22] - Total comprehensive income for Q3 2020 was CNY 3,527,096,955.04, compared to CNY 2,004,199,494.76 in Q3 2019, representing an increase of approximately 76%[24] - Net profit attributable to the parent company for Q3 2020 was CNY 1,936,140,555.99, up from CNY 1,116,612,261.44 in Q3 2019, reflecting a growth of about 73%[24] - Basic earnings per share for Q3 2020 were CNY 0.124, compared to CNY 0.070 in Q3 2019, indicating an increase of approximately 77%[24] Assets and Liabilities - Total assets at the end of the reporting period reached ¥359.84 billion, an increase of 3.51% compared to the end of the previous year[5] - The company’s total assets as of September 30, 2020, amounted to approximately CNY 48.17 billion, up from CNY 42.24 billion at the end of 2019[15] - Total assets increased to ¥359.84 billion, up from ¥347.64 billion year-over-year, representing a growth of approximately 3.45%[17] - Non-current assets totaled ¥311.67 billion, compared to ¥305.40 billion in the previous year, reflecting an increase of about 2.43%[17] - Total liabilities reached ¥260.10 billion, slightly up from ¥257.36 billion, marking an increase of approximately 1.35%[18] - Current liabilities decreased to ¥48.10 billion from ¥48.89 billion, a reduction of approximately 1.60%[17] - Long-term borrowings amounted to ¥179.83 billion, down from ¥181.03 billion, indicating a decrease of about 0.66%[18] - The company reported a significant increase in other current liabilities by 5457.21%, mainly due to the issuance of short-term financing bonds[11] - The company’s goodwill increased by 82.93% due to acquisitions in renewable energy projects[11] - Deferred income tax assets increased to ¥969.42 million from ¥572.10 million, representing a growth of about 69.49%[17] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥58.30 billion, reflecting a growth of 16.47% year-on-year[5] - The total number of shareholders at the end of the reporting period was 404,103[8] - The largest shareholder, China National Nuclear Corporation, holds 69.50% of the shares, totaling approximately 10.82 billion shares[9] - Shareholders' equity rose to ¥99.74 billion, compared to ¥90.28 billion, showing an increase of around 10.66%[18] - The total equity attributable to shareholders increased to ¥58.30 billion from ¥50.05 billion, indicating a growth of about 16.49%[18] Cash Flow - The net cash flow from operating activities for the first nine months was ¥22.28 billion, a decrease of 3.71% year-on-year[5] - Cash inflow from operating activities for Q3 2020 was CNY 41.26 billion, an increase from CNY 39.41 billion in Q3 2019, representing a growth of 4.7%[28] - Net cash flow from operating activities decreased to CNY 22.28 billion in Q3 2020 from CNY 23.14 billion in Q3 2019, a decline of 3.7%[28] - Cash inflow from investment activities was CNY 248.34 million in Q3 2020, compared to CNY 194.33 million in Q3 2019, an increase of 27.8%[29] - Net cash flow from investment activities showed a significant decline to -CNY 13.55 billion in Q3 2020 from -CNY 16.49 billion in Q3 2019, improving by 17.7%[29] - Cash inflow from financing activities totaled CNY 38.32 billion in Q3 2020, slightly up from CNY 37.73 billion in Q3 2019, an increase of 1.6%[29] - Net cash flow from financing activities turned negative at -CNY 8.43 billion in Q3 2020, compared to a positive CNY 1.51 billion in Q3 2019[29] - The ending balance of cash and cash equivalents was CNY 10.48 billion in Q3 2020, down from CNY 15.24 billion in Q3 2019, a decrease of 31.5%[29] Research and Development - Research and development expenses rose by 80.19% compared to the previous period, reflecting increased investment in R&D efforts[11] - Research and development expenses for Q3 2020 were ¥253,908,402.06, significantly higher than ¥123,027,176.25 in Q3 2019, marking an increase of about 106.5%[21]