Financial Performance - The company reported a total profit distribution of 65,276,635.86 RMB, with a cash dividend of 0.30 RMB per 10 shares for the year 2022[17]. - In 2022, the company achieved operating revenue of CNY 9.415 billion, a slight increase of 0.05% compared to CNY 9.411 billion in 2021[49]. - The net profit attributable to shareholders was CNY 183 million, representing a significant decrease of 77.78% from CNY 824 million in the previous year[49]. - The net profit after deducting non-recurring gains and losses was CNY 90 million, down 88.77% from CNY 802 million in 2021[49]. - The company's total assets increased by 2.13% to CNY 20.096 billion from CNY 19.678 billion in 2021[50]. - The average return on equity decreased to 1.63%, down 5.92 percentage points from 7.55% in 2021[49]. - The company's total operating revenue from thermal power was approximately CNY 9.12 billion, accounting for 96.89% of total revenue, showing a slight decrease of 1.03% year-on-year[67]. - The net cash flow from operating activities was CNY 1.196 billion, a decrease of 16.65% compared to the previous year[71]. - The cash inflow from financing activities increased by 146.86% to CNY 3.166 billion, primarily due to increased bank borrowings[71]. - The company's cash and cash equivalents increased by 176.80% to CNY 1.294 billion, mainly due to increased bank borrowings[71]. - The company reported a profit from its coal futures hedging activities during the reporting period, aligning with its operational goals[116]. Electricity Consumption and Generation - In 2022, the national electricity consumption reached 8.64 trillion kWh, representing a year-on-year growth of 3.6%[34]. - The installed power generation capacity in the country reached 2.56 billion kW by the end of 2022, an increase of 7.8% year-on-year[34]. - The first industry electricity consumption was 114.6 billion kWh, with a year-on-year increase of 10.4%[34]. - The second industry electricity consumption was 5.70 trillion kWh, showing a year-on-year growth of 1.2%[34]. - The third industry electricity consumption was 1.49 trillion kWh, reflecting a year-on-year increase of 4.4%[34]. - The urban and rural residents' electricity consumption was 1.34 trillion kWh, with a year-on-year growth of 13.8%[34]. - The total electricity trading volume in the Guangdong electricity market reached 530.89 billion kWh in 2022, with a year-on-year increase of 39.57%[2]. - The total electricity consumption in Guangdong Province reached 787 billion kWh, with a year-on-year growth of 0.05%[55]. - The highest regulated load in Guangdong Province was 142 million kW, reflecting a year-on-year increase of 4.9%[55]. - The total power generation for the year was 185.13 billion kWh, showing a slight increase of 0.56% year-on-year[80]. - The electricity generation increased by 6.25% year-on-year to 0.51 billion kWh, while the on-grid electricity volume rose by 6.38% to 0.50 billion kWh[81]. Strategic Initiatives and Investments - The company has implemented a strategy to optimize asset management and improve operational efficiency amid challenging market conditions[39]. - The company plans to expand its capacity with a new project approved for 200 MW, contributing to future growth[80]. - The company is focusing on cost control measures, including flexible coal procurement strategies and enhancing fuel management[112]. - The company has engaged in derivative investments for hedging purposes, with a total initial investment amounting to CNY 611.57 million[116]. - The company is committed to optimizing resource allocation and enhancing asset efficiency through the strategic disposal of non-core subsidiaries[122]. - The company has a total planned investment of CNY 7,806,560,000 for the expansion of the Guangdong Lufeng Jiahuwan Power Plant (2×1000MW), with an actual investment of CNY 111,692,109.05, representing 1.06% completion as of the reporting period[135]. - The company aims to strengthen its core energy power business while exploring new strategic industries such as smart energy and energy storage, aligning with high-quality development paths[132]. Governance and Management - The company has established a robust governance structure with clear responsibilities among its shareholders, board of directors, and management team to support sustainable development[141]. - The company revised and improved 23 governance-related systems, including the Independent Director System, to enhance corporate governance[165]. - The company appointed a new board secretary, Jiang Zhuowen, effective from October 10, 2022, following the resignation of Wen Hui[171]. - The company’s chairman, Zou Jinkai, has been in position since April 23, 2021, and is also a member of various committees[172]. - The company’s independent directors, including Jonathan Jun Yan and Wu Shinan, have been serving since May 13, 2019, and April 23, 2021, respectively[170]. - The company has implemented a three-year action plan to improve the quality of listed companies as per the State Council's directives[165]. Market Position and Future Outlook - The company is focusing on enhancing its core competitiveness in the energy sector while exploring new development paths[39]. - The new energy sector is expected to account for approximately 52.5% of the total installed capacity by 2023, indicating a shift towards renewable energy sources[128]. - The company has a strong market position in the new energy power sector, benefiting from national policies and technological advantages[130]. - The overall electricity consumption in society is expected to continue its growth trend, indicating a positive outlook for the industry[106]. Employee and Compensation Policies - The employee composition includes 55.01% production staff, 27.03% technical staff, and 16.06% administrative staff[188]. - The employee compensation policy is designed to attract and retain high-performing employees, with adjustments based on company performance and regional living standards[189]. - The company has a comprehensive performance assessment system for determining annual employee compensation[189]. - The company has implemented a full employment system, with retirement costs covered by the social security fund[190]. Risk Management - The company emphasizes risk control measures in its foreign exchange forward settlement and sales business to mitigate potential losses from exchange rate fluctuations[98]. - The company plans to enhance its internal control mechanisms to address risks associated with its hedging activities[98]. - The company acknowledges risks related to high coal prices and the impact of market fluctuations on its financial assets, committing to prudent financial management[136].

证券代码：000690 证券简称：宝新能源 广东宝丽华新能源股份有限公司投资者关系活动记录表 编号：2023-007 √特定对象调研 □分析师会议 □媒体采访 投资者关系 □业绩说明会 □新闻发布会 □路演活动 活动类别 □现场参观 □其他 长江证券 刘亚辉、前海启昇 姚雯琦、进化论 卢星屹 参与单位名称 博时基金 王子潇、格林基金 刘赞、广发资管 田昕明 王倩 及人员姓名 财通基金 曹熠、金鹰基金 陈炜钊、长电投资 江毅阳 诚通基金 罗思佳、珞珈方圆 费春生 时间 2023 年 5 月 24 日 地点 公司广州管理中心会议室 上市公司接待人员 董事会秘书 江卓文； 证券事务代表 罗丽萍 1、公司情况简介及业务发展规划？ （1）概况：广东宝丽华新能源股份有限公司（证券简称：宝新 能源，证券代码：000690），于 1997 年 1 月在深圳证券交易所 上市，现以"新能源电力+新金融投资"为双核心主业，确立了 立足能源电力主业，拓展金融投资领域，构建绿色崛起格局，实 现科学持续发展的发展战略 （2）业务发展规划： 投资者关系 ①持续做大做强做优能源电力核心主业，加强梅县荷树园电厂 活动主要内容介绍 1470MW ...

Group 1: Financial Performance - In Q1 2023, the company achieved operating revenue of 2.167 billion yuan, a year-on-year decrease of 2.19% [1] - Net profit reached 25.71 million yuan, a year-on-year increase of 585.53%, while the net profit after deducting non-recurring gains and losses was 20.96 million yuan, a year-on-year decrease of 39.51% [1] - As of the end of the reporting period, total assets amounted to 20.537 billion yuan, with net assets of 11.312 billion yuan and basic earnings per share of 0.0118 yuan per share [1] Group 2: Operational Challenges - The decline in revenue and net profit was primarily due to the impact of the Southern Power Grid optimization project, which led to a 14-day shutdown for maintenance of two units at the company's Lufeng Jiahuwan Power Plant, along with high coal prices and inventory pressures [2] - The increase in inventory and decrease in operating cash flow were attributed to higher procurement volumes during a period of falling coal prices, aimed at ensuring coal supply for the units [2] Group 3: Coal Procurement Strategy - The company's coal procurement consists of market coal and long-term contract coal, with inventory days flexibly adjusted based on production and coal price conditions, typically maintained between 15-25 days [2] - The procurement strategy focuses on ensuring coal supply and controlling costs, adapting to production needs, market prices, and inventory levels, while actively pursuing long-term coal contracts to reduce overall procurement costs and enhance profitability [2] - The company is closely monitoring national policies regarding long-term coal contracts and is actively promoting their signing and fulfillment, which is closely related to policy execution and coal market price trends [2] Group 4: Electricity Pricing - The electricity pricing mechanism for the company's power plants follows the relevant policies of Guangdong Province, with no current adjustments or changes reported [2]

投资者关系 活动类别 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 □电话会议 □其他： （请文字说明其他活动内容） 参与单位名称 及人员姓名 宝新能源2022年度业绩说明会采用网络远程方式进行，面向全体投资者 时间 2023 年 4 月 28 日 15:00-16:00 地点 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn "云访谈"栏目 公司接待人员 姓名 董事长：邹锦开 总经理：刘沣 独立董事：刘大成、Jonathan Jun Yan 财务总监：丁珍珍 董事会秘书：江卓文 投资者关系活动 主要内容介绍 1.公司煤炭都是进口煤吗？ 答：您好，感谢您的关注与支持！公司重视煤炭成本控制，坚持以煤炭 保供控价为目标，加强燃料管理，优化组织货源。目前公司煤炭原材料 由市场煤和长协煤构成，其中市场煤主要为国内煤及印尼煤、澳煤、俄 煤。 2.当前国家鼓励绿色电力发展，很多火电力企业都在转型绿电，公司如 何规划？ 答：您好，感谢您的关注与支持！"双碳"目标的提出，势必加快我国能 源格局的升级换代，促进新能源行业的快速发展，公司所处新能源行业 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,167,469,118.09, a decrease of 2.19% compared to CNY 2,215,923,314.93 in the same period last year[3] - Net profit attributable to shareholders increased significantly by 585.53% to CNY 25,708,706.84 from CNY 3,750,171.21 year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 39.51% to CNY 20,955,456.63 compared to CNY 34,642,921.58 in the previous year[3] - Basic and diluted earnings per share increased by 594.12% to CNY 0.0118 from CNY 0.0017 in the same period last year[3] - Operating profit increased to ¥38,992,723.36, up 106.1% from ¥18,893,421.48 in the previous year[18] - Net profit for Q1 2023 was ¥25,708,706.84, compared to ¥3,750,171.21 in Q1 2022, representing a significant increase[18] - Earnings per share (EPS) for Q1 2023 was ¥0.0118, up from ¥0.0017 in the same period last year[19] - The company reported a total comprehensive income of ¥24,270,867.80 for Q1 2023, compared to ¥3,750,171.21 in Q1 2022[19] Cash Flow - The net cash flow from operating activities dropped by 48.99% to CNY 225,437,279.33 from CNY 441,951,223.37 year-on-year[3] - Cash flow from operating activities generated ¥225,437,279.33, down from ¥441,951,223.37 in Q1 2022[20] - The net cash flow from investing activities was -797,580,864.12, compared to -165,344,176.17 in the previous period, indicating a significant increase in cash outflow for investments[22] - Cash inflow from financing activities amounted to 1,293,790,834.64, a substantial increase from 250,000,000.00 in the prior period, reflecting strong borrowing activity[22] - The net cash flow from financing activities was 395,132,357.78, a turnaround from -404,539,972.36 in the previous period, showing improved financial health[22] - The total cash and cash equivalents at the end of the period were 5,727,809,029.33, up from 4,480,133,216.56 at the end of the previous period[22] - The cash outflow for financing activities was 898,658,476.86, compared to 654,539,972.36 in the previous period, reflecting increased debt repayment and dividend distribution[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,537,106,089.14, reflecting a 2.19% increase from CNY 20,096,307,212.46 at the end of the previous year[3] - The company's current assets totaled CNY 7,775,640,580.57, slightly down from CNY 7,834,492,903.60, indicating a decrease of about 0.75%[13] - Total liabilities rose to CNY 9,224,687,344.95 from CNY 8,817,482,703.53, an increase of about 4.63%[15] - Short-term borrowings increased to CNY 2,450,427,273.03 from CNY 2,050,051,846.61, reflecting a growth of approximately 19.5%[15] - The total equity attributable to the owners of the parent company reached CNY 11,312,418,744.19, up from CNY 11,288,111,923.98, indicating a slight increase of about 0.22%[16] Inventory and Investments - The company's inventory increased by 71.24% to CNY 892,224,544.89 due to a rise in raw material stock[5] - The construction in progress rose by 145.51% to CNY 1,163,700,517.68, primarily due to investments in the expansion of the Lufeng Jiahuwan Power Plant[5] - Cash received from investment recoveries increased by 40.63% to CNY 31,957,109.86 compared to CNY 22,723,800.90 in the previous year[9] - Cash paid for the acquisition of fixed assets surged by 2537.74% to CNY 829,537,973.98 from CNY 31,448,870.25 year-on-year[9] - The cash inflow from investment activities totaled 31,957,109.86, slightly up from 31,154,879.90 in the prior period[22] Other Financial Metrics - Total operating costs for Q1 2023 were ¥2,149,110,346.05, a decrease of 1.6% from ¥2,185,027,398.81 in Q1 2022[17] - Sales expenses decreased to ¥1,504,485.92 from ¥2,308,717.78, a reduction of 34.8% year-over-year[17] - Financial expenses decreased significantly to ¥24,016,235.33 from ¥43,025,243.11, a reduction of 44.3%[17] - Other income for Q1 2023 was ¥648,613.99, down from ¥3,560,267.33 in the previous year[18] - The impact of exchange rate changes on cash and cash equivalents was 2,768,748.41, compared to 58,585.17 in the previous period, indicating a positive effect from currency fluctuations[22]

Internal Control and Governance - The company has established an internal control system over 16 years, ensuring no significant deficiencies in internal controls[8] - The independent directors confirmed that the company maintained effective internal control over financial reporting[78] - The company has implemented a performance evaluation and incentive mechanism for its directors and senior management for the 2022 fiscal year[7] - The company has established a governance mechanism to support high-quality development under new circumstances[140] Environmental Compliance and Initiatives - The company's pollution control facilities at the Lufeng Jiahuwan Power Plant have achieved a desulfurization facility operation rate of 100% and a denitrification facility operation rate of over 99%[16] - The company has maintained stable operation of pollution control facilities, with dust removal efficiency exceeding 99.925%[16] - The company achieved a stable operation of pollution control facilities at the Meixian Heshuyuan Power Plant, with a desulfurization facility operation rate of over 99.5% and a denitrification facility operation rate of 100%[35] - The company has actively participated in environmental monitoring and has shared its environmental self-monitoring plans publicly[19] - The company has successfully completed environmental protection acceptance for its power generation projects, ensuring compliance with national standards[17] - The company has not faced any administrative penalties due to environmental issues during the reporting period[39] Financial Performance - The company achieved an operating income of RMB 9.446 billion and a net profit of RMB 150 million for the year 2022[72] - The net profit attributable to shareholders for 2022 was approximately ¥183.17 million, representing a significant decrease of 77.78% from ¥824.37 million in 2021[109] - The company's operating revenue for 2022 was approximately ¥9.42 billion, a slight increase of 0.05% compared to ¥9.41 billion in 2021[109] - The net cash flow from operating activities decreased by 16.65% to approximately ¥1.20 billion in 2022, down from ¥1.43 billion in 2021[109] - The company's total operating revenue for 2022 was CNY 9,415,000,196.83, with a year-on-year increase of 0.05%[178] - The gross profit margin decreased by 10.84 percentage points to 5.42% in 2022 compared to the previous year[178] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,869[56] - Guangdong Baoli Group Co., Ltd. held 16.00% of the shares, making it the largest shareholder[57] - The company’s major shareholder, Guangdong Baoliwa Group, holds 16.00% of the shares without any pledges or freezes[70] - The total number of shares remained unchanged at 2,175,887,862, with a cash dividend of RMB 0.30 per 10 shares proposed for distribution, totaling RMB 65,276,635.86[92] Operational Developments - The company operates clean coal combustion technology power generation and renewable energy power generation, focusing on new energy power production and sales[124] - The company is planning to construct 8 ultra-supercritical coal-fired units at the Lufeng Jiahuwan Power Plant, each with a capacity of 1 million kW[127] - The company has focused on optimizing resource allocation by canceling the Bao Xin No. 3 private equity fund and a small leasing subsidiary[164] - The company is focusing on enhancing its core competitiveness and sustainable development amid challenging market conditions[154] Cash Flow and Investments - The company's cash and cash equivalents increased to CNY 5,933,777,501.55, representing 29.53% of total assets, up from 24.27% at the beginning of the year[170] - The net increase in cash and cash equivalents was ¥1,294,043,951.38, a substantial rise of 176.80% from ¥467,499,491.63 in the previous year[183] - Investment cash inflow dropped significantly by 75.42% to ¥517,207,043.20, primarily due to reduced external investments[183] - The company reported a significant decrease in net cash flow from investment activities, with a net outflow of ¥103,377,369.64 compared to a net inflow in the previous year[183] Risk Management - The company plans to implement risk control measures for hedging activities to align with its operational needs[188] - The company is focusing on strengthening its internal control mechanisms to mitigate risks associated with foreign exchange forward contracts[188] - The company has established a management system for commodity futures hedging, aimed at reducing the impact of raw material price fluctuations on operational costs[200] Market and Industry Trends - The total electricity consumption in Guangdong Province for 2022 was 787 billion kWh, showing a slight year-on-year increase of 0.05%[131] - The total installed capacity for wind power remained at 4.8 million kW, with electricity generation increasing by 6.25% to 0.51 billion kWh[144] - The total market-based electricity trading volume reached 175.47 billion kWh, representing a 43.67 percentage point increase compared to the previous year[142] - The company’s investment in renewable energy aligns with the industry trend towards green and low-carbon development[197]

广 东 宝 丽 华 新 能源 股 份 有限 公 司 关于举办 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 证券代码：000690 证券简称：宝新能源 公告编号：2023-017 广东宝丽华新能源股份有限公司（以下简称"公司"）于 2023 年 4 月 18 日 在巨潮资讯网（http://www.cninfo.com.cn）披露了公司 2022 年年度报告及其摘要。 为了更好地与广大投资者进行交流，便于投资者进一步了解公司情况，公司 拟于 2023 年 4 月 28 日（星期五）15：00-16：00 通过深圳证券交易所提供的"互 动易"平台举办 2022 年度网上业绩说明会，具体安排如下： 一、召开时间及方式 （一）召开日期及时间：2023 年 4 月 28 日（星期五）15：00-16：00 （二）召开方式：网络远程文字交流方式。 （ 三 ） 参会 方 式： 投 资者 可 登录 深 圳证 券 交易 所 "互 动 易" 平 台 （http://irm.cninfo.com.cn），进入"云访谈"栏目参与本次年度网上业绩 ...