中审亚太会计师事务所（特殊普通合伙） China Audit Asia Pacific Certified Public Accountants LLP 审 计 报 告 AUDIT REPORT 晋能控股山西电力股份有限公司 2024 年度合并财务报表审计 | 一、审计报告 | 1-6 | | --- | --- | | 二、已审财务报表 | 7-18 | | 1．合并资产负债表 | 7-8 | | 2．合并利润表 | 9 | | 3．合并现金流量表 | 10 | | 4．合并股东权益变动表 | 11-12 | | 5．资产负债表 | 13-14 | | 6．利润表 | 15 | | 7．现金流量表 | 16 | | 8．股东权益变动表 | 17-18 | | 9．财务报表附注 | 19-142 | China Audit Asia Pacific Certified Public Accountants LLP 审 计 报 告 中审亚太审字(2025)004623 号 晋能控股山西电力股份有限公司全体股东: 一、审计意见 我们审计了晋能控股山西电力股份有限公司(以下简称"晋控电力")财务 报表,包括 202 ...

中审亚太会计师事务所（特殊普通合伙） China Audit Asia Pacific Certified Public Accountants LLP 关于晋能控股山西电力 股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审核报告 中国·北京 BEIJING CHINA China Audit Asia Pacific Certified Public Accountants LLP 关于晋能控股山西电力股份有限公司 非经营性资金占用及其他关联资金往来情况汇总表 的专项审核报告 中审亚太审字【2025】004620 号 晋能控股山西电力股份有限公司司: 我们接受委托,在审计了晋能控股山西电力股份有限公司(以下简称"贵公 司"）2024 年 12 月 31 日的合并及公司资产负债表,2024 年度的合并及公司 利润表、合并及公司现金流量表和合并及公司股东权益变动表以及财务报表附注 的基础上,对后附的《上市公司 2024 年度非经营性资金占用及其他关联资金往 来情况汇总表》（以下简称"汇总表"）进行了专项审核。 按照中国证券监督管理委员会印发的《上市公司监管指引第 8 号 -- 上市公 司资金 ...

中审亚太会计师事务所（特殊普通合伙） China Audit Asia Pacific Certified Public Accountants LLP 关于晋能控股山西电力 股份有限公司 2024 年度营业收入扣除事项 的专项审核报告 中国·北京 BEIJING CHINA China Audit Asia Pacific Certified Public Accountants LLP 关于晋能控股山西电力股份有限公司 2024 年度营业收入扣除事项的专项审核报告 中审亚太审字【2025】004621 号 晋能控股山西电力股份有限公司全体股东: 我们接受委托,在审计了晋能控股山西电力股份有限公司(以下简称"晋控 电力"）2024 年 12 月 31 日的合并及公司资产负债表，2024 年度的合并及公司 利润表、合并及公司现金流量表和合并及公司股东权益变动表以及财务报表附注 的基础上，对后附的晋控电力管理层编制的 2024 年度营业收入扣除情况表（以 下简称"营业收入扣除情况表")进行了专项审核。 一、 管理层的责任 根据《深圳证券交易所股票上市规则》(2023年8月修订)(深证上（2023) 701号）的 ...

中审亚太会计师事务所（特殊普通合伙） China Audit Asia Pacific Certified Public Accountants LLP 审 计 报 告 AUDIT REPORT 晋能控股山西电力股份有限公司 内部控制审计报告 China Audit Asia Pacific Certified Public Accountants LLP 内部控制审计报告 中审亚太审字【2025】004557 号 晋能控股山西电力股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师审计准则的相关要求,我 们审计了晋能控股山西电力股份有限公司（以下简称"晋控电力"）2024 年 12 月 31 目的财务报告内部控制的有效性。 一、公司对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制 评价指引》的规定,建立健全和有效实施内部控制,并评价其有效性是晋控电力 董事会的责任。 二、注册会计师的责任 中国·北京 BEIJING CHINA 我们的责任是在实施审计工作的基础上,对财务报告内部控制的有效性发表 审计意见,并对注意到的非财务报告内部控制的重大缺陷进行披露 ...

晋能控股山西电力股份有限公司 2024 年度独立董事述职报告 薛建兰董事 2024 年度述职报告 二、年度履职情况 （一）出席董事会与股东大会的情况 2024 年度，本人积极参加公司召开的董事会和股东大会， 认真审阅会议文件及相关资料，积极参加各项议案的讨论并 提出合理建议，为董事会正确、科学的决策发挥积极作用， 勤勉尽责地履行了独立董事职责。2024 年，本人出席董事会 会议 7 次，股东大会会议 4 次。 （二）参加专门委员会、独立董事会议的情况 2024 年度，本人参加审计委员会会议 5 次，薪酬与考核 委员会 1 次，独立董事专门会议 2 次，未存在缺席或委托表 决情况。 （三）行使独立董事职权的情况 2024 年度，本人作为晋能控股山西电力股份有限公司 （以下简称"公司"）的独立董事，严格按照《公司法》、 《证券法》等法律法规和《公司章程》、《独立董事工作制 度》等规章制度的有关要求，勤勉、忠实地履行职责，积极 出席公司股东大会和董事会，认真审议各项议案，利用自己 的专业知识做出独立、公正的判断，为公司经营和发展提出 合理化的意见和建议，切实维护公司整体利益和全体股东利 益。现将履职情况汇报如下： ...

Financial Performance - The company's operating revenue for 2024 was ¥16,669,653,222.71, a decrease of 15.02% compared to ¥19,615,673,620.89 in 2023[18]. - The net profit attributable to shareholders for 2024 was ¥32,077,434.32, a significant increase of 106.23% from a loss of ¥515,037,816.95 in 2023[18]. - The net cash flow from operating activities for 2024 was -¥978,696,835.85, an improvement of 37.83% compared to -¥1,574,186,031.69 in 2023[18]. - The total assets at the end of 2024 were ¥58,559,326,639.54, a decrease of 3.23% from ¥60,514,433,347.44 at the end of 2023[18]. - The net assets attributable to shareholders increased by 2.54% to ¥11,400,759,332.34 at the end of 2024, compared to ¥11,117,957,634.63 at the end of 2023[18]. - The basic earnings per share for 2024 was -¥0.0889, an improvement of 65.03% from -¥0.2542 in 2023[18]. - The weighted average return on equity improved by 7.43 percentage points to -4.34% in 2024 from -11.77% in 2023[18]. - The company reported a government subsidy of ¥31,447,023.53 in 2024, a decrease of 36.2% from ¥49,323,114.61 in 2023[25]. - The company achieved a total revenue of ¥146,890,687.69 from other operating income and expenses in 2024, compared to a loss of ¥22,062,380.79 in 2023[26]. - The total operating revenue for 2024 was ¥16,669,653,222.71, a decrease of 15.02% compared to ¥19,615,673,620.89 in 2023[44]. - The electricity segment generated ¥14,015,406,764.05, accounting for 84.08% of total revenue, down 9.40% from ¥15,469,180,006.97 in 2023[44]. - The coal-fired electricity revenue decreased by 24.74% to ¥7,003,082,858.09, representing 42.01% of total revenue[44]. - The gross profit margin for coal-fired electricity improved to 10.11%, an increase of 3.39% year-on-year[46]. - The total operating cost for 2024 was ¥15,188,058,784.20, down 11.99% from ¥17,197,685,293.19 in 2023[48]. - Fuel costs for electricity decreased by 15.43% to ¥7,294,883,584.11, accounting for 48.51% of total operating costs[49]. - The company’s top five customers accounted for 90.13% of total annual sales, with total sales amounting to ¥15,022,956,872.49[51]. - The company’s operating revenue from heat increased by 1.15% to ¥1,026,010,859.23, representing 6.15% of total revenue[44]. Operational Capacity and Production - The company’s total installed capacity reached 1,094.38 MW by the end of 2024, with 880 MW from thermal power, 12.8 MW from hydropower, and 201.58 MW from renewable energy sources[32]. - The company completed a total electricity generation of 43.444 billion kWh in 2024, with an average utilization hour of 3,969.7 hours, which is 805.7 hours higher than the provincial average[32]. - The average utilization hours for conventional thermal power decreased by 171.73 hours year-on-year to 4,491.26 hours in 2024[32]. - The company's total power generation for the year was 43.444 billion kWh, a decrease of 3.42% year-on-year[35]. - The total heating supply reached 41.7578 million GJ, an increase of 2.24% year-on-year[35]. - The total installed capacity was 10,943.8 MW, slightly up from 10,927.9 MW in the previous year[38]. - The company plans to increase its installed capacity with 200 MW under construction and 132 MW approved projects[38]. Research and Development - The company applied for 12 utility model patents and 3 software copyrights in 2024, with 19 utility model patents authorized[39]. - Research and development expenses increased significantly by 1,068.26% to 195,909,572.36 yuan compared to the previous year, indicating a strong focus on innovation[54]. - The number of R&D personnel increased to 533 in 2024, a rise of 130.74% compared to 231 in 2023[62]. - R&D investment amounted to ¥198,575,415.72 in 2024, representing a 226.91% increase from ¥60,742,287.51 in 2023[64]. - The number of R&D projects increased to 19 in 2024, focusing on energy efficiency and carbon emission reduction technologies[64]. Environmental Compliance and Initiatives - The company achieved a 100% compliance rate for major pollutant emissions from flue gas and wastewater[41]. - The company reported a total emission of 33.24 tons of particulate matter, 478.07 tons of sulfur dioxide, and 833.91 tons of nitrogen oxides, all within the regulatory limits[136]. - The company has implemented 17 energy-saving transformation projects to reduce coal consumption levels[146]. - The company has established emergency response plans for environmental incidents and conducts regular training[143]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[146]. - The company is committed to continuous improvement in environmental management and compliance with industry standards[134]. - The company reported a smoke dust emission of 1.92 mg/m³ with a total of 22.12 tons and 73.73 tons for the first and second pollutants respectively[138]. - The company’s pollution emission concentrations have consistently met the requirements of the "Emission Standards for Air Pollutants from Coal-Fired Power Plants"[142]. - The company has established a mechanism for accountability regarding insider trading activities[132]. Corporate Governance and Management - The board of directors consists of 5 members, including 3 independent directors, ensuring compliance with governance regulations[95]. - The company has a comprehensive internal control system that effectively manages risks related to major investments and information disclosure[96]. - The company maintains independence from its controlling shareholders in terms of business operations, personnel management, and financial systems[97]. - The total remuneration for directors, supervisors, and senior management in 2024 is 5.5223 million yuan[107]. - The company has appointed a new board secretary, Yao Jian, effective June 25, 2024, due to a job transfer[101]. - The company has independent directors with significant academic and professional backgrounds, enhancing governance[102][103]. - The company has a diverse management team with experience in various sectors, including power generation and finance[104][105][106]. - The company is focused on enhancing governance and protecting the interests of all shareholders, especially minority shareholders[112]. Strategic Initiatives and Future Outlook - The company is actively pursuing market expansion strategies, with a commitment to invest in new technologies and product development to enhance its competitive edge[196]. - The company has established a three-year future earnings plan, emphasizing sustainable growth and profitability[196]. - The company is focused on expanding its renewable energy portfolio, which includes various projects aimed at enhancing its energy production capabilities[156]. - The company plans to implement a "136" safety management model to strengthen safety culture and awareness among employees[85]. - The company aims to enhance profitability by optimizing electricity pricing and increasing electricity sales, targeting maximum revenue from capacity fees[86]. - The company is committed to achieving sustainable development and improving profitability through innovation and industry upgrades[84]. Community Engagement and Social Responsibility - The company is actively involved in poverty alleviation and rural revitalization, focusing on three villages and three poverty alleviation projects[149]. - The photovoltaic poverty alleviation project has effectively improved the income of over 3,500 impoverished households, with a long-term support period of 20 years[150]. - The company has provided stable employment for 129 villagers in Longgong Village and assisted 25 individuals in Fengcheng Village in finding suitable job placements[151]. - The company has established an "Love Supermarket" in Longgong Village, allowing villagers to earn points for good deeds and redeem them for daily necessities[152]. - The company has organized various cultural activities to enrich the cultural life of villagers and promote positive values[153].

Financial Performance - The company's operating revenue for Q1 2025 was ¥4,006,421,325.41, a decrease of 13.22% compared to ¥4,616,809,029.16 in the same period last year[5] - Net profit attributable to shareholders was ¥60,722,962.35, a significant increase of 111.95% from a loss of ¥508,120,404.84 in the previous year[5] - The net profit attributable to the parent company was ¥60,722,962.35, a significant decrease from the previous period's loss of ¥508,120,404.84[20] - The total comprehensive income attributable to the parent company was ¥60,722,962.35, compared to a loss of ¥508,120,404.84 in the prior period[20] - Net profit for the current period is CNY 41,271,738.46, a significant recovery from a net loss of CNY 618,988,026.57 in the previous period[19] - The company reported an operating profit of CNY 81,746,114.70, compared to an operating loss of CNY 594,352,939.20 in the previous period[19] Cash Flow - The net cash flow from operating activities improved to ¥150,783,787.31, up 135.44% from a negative cash flow of ¥425,403,675.16 in the same period last year[5] - The net cash flow from operating activities was ¥150,783,787.31, a recovery from a negative cash flow of ¥425,403,675.16 in the previous period[23] - Cash inflow from operating activities totaled ¥4,599,692,823.12, down 8.2% from ¥5,009,847,409.43 in the prior period[23] - Cash outflow from operating activities was ¥4,448,909,035.81, a decrease from ¥5,435,251,084.59 in the previous period[23] - The net cash flow from investing activities was -¥548,174,704.46, compared to -¥384,758,564.62 in the previous period, indicating increased investment outflows[23] - The net cash flow from financing activities was ¥1,070,623,825.18, slightly down from ¥1,150,879,796.78 in the previous period[23] - The ending cash and cash equivalents balance was ¥4,150,753,328.87, down from ¥6,631,565,258.61 in the previous period[23] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥58,444,292,686.15, a slight decrease of 0.20% from ¥58,559,326,639.54 at the end of the previous year[5] - The company's total liabilities increased to CNY 48,136,366,242.41 from CNY 47,804,755,852.78, an increase of approximately 0.7%[17] - Current liabilities decreased to CNY 17,251,336,388.01 from CNY 18,589,052,711.18, a reduction of approximately 7.2%[17] - Long-term borrowings increased to CNY 27,437,278,659.42 from CNY 25,560,888,406.68, an increase of about 7.3%[17] - The company's equity attributable to shareholders decreased to CNY 10,971,658,973.91 from CNY 11,400,759,332.34, a decline of about 3.8%[17] Research and Development - Research and development expenses increased by 694.59% to ¥26,305,018.06, compared to ¥3,310,515.52 in the previous year, indicating a significant boost in R&D investment[8] - Research and development expenses increased significantly to CNY 26,305,018.06 from CNY 3,310,515.52, reflecting a growth of approximately 694.5%[19] Shareholder Information - The largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holds 29.43% of the shares, totaling 905,653,810 shares[12] - The second-largest shareholder, Shanxi Provincial Government State-owned Assets Supervision and Administration Commission, holds 9.72% of the shares, totaling 299,130,000 shares[12] - The top ten shareholders collectively hold 741,012,927 unrestricted shares[13] - Jinneng Holding Coal Industry Group Co., Ltd. has 340,000,000 shares participating in margin trading[13] - The company has a total of 5.53% of shares held by Guodian Investment Huaze (Tianjin) Energy Investment Co., Ltd., amounting to 170,230,500 shares[12] - The company has two funds under the same management, Jintou Zhibenhui (Beijing) Asset Management Co., Ltd. - Jinshang No. 1 and No. 2 Private Placement Investment Funds, each holding 4.49% of shares[12] - The total number of shares held by the top ten unrestricted shareholders includes 299,130,000 shares from the Shanxi Provincial Government[13] - The company has not reported any changes in the participation of the top ten shareholders in margin trading compared to the previous period[13] - The total number of shares held by the top ten shareholders participating in financing and securities lending is not applicable[13] Earnings Per Share - Basic and diluted earnings per share were both -¥0.0148, improving from -¥0.2177 in the previous period[20]

根据中国证券监督管理委员会《上市公司独立董事管理 办法》、《深圳证券交易所股票上市规则》、《深圳证券交易所 上市公司自律监管指引第 1 号——主板上市公司规范运作》 等要求，公司董事会就公司在任独立董事薛建兰女士、樊燕 萍女士、栾华先生的独立性情况进行评估并出具如下专项意 见： 关于独立董事 2024 年度保持独立性 情况的专项意见 根据公司独立董事自查及其在公司的履职情况，董事会 认为公司独立董事均能够胜任独立董事的职责要求，其未在 公司担任除独立董事以外的任何职务，也未在公司主要股东 公司担任任何职务，与公司以及主要股东之间不存在妨碍我 们进行独立客观判断的关系，不存在影响独立董事独立性的 情况，符合《上市公司独立董事管理办法》等法律法规及《公 司章程》中关于独立董事的任职资格及独立性的相关要求。 晋能控股山西电力股份有限公司董事会 2025 年 4 月 24 日 ...

晋能控股山西电力股份有限公司 2024 年年度报告商誉减值 商誉减值测试报告 一、是否进行减值测试 是 □否 二、是否在减值测试中取得以财务报告为目的的评估报告 是 □否 | 资产组名称 | 评估机构 | 评估师 | 评估报告编号 | | 评估价值类型 | 评估结果 含商誉的长期资 | | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 产组公允价值合 | | 购买乌鲁木齐华 | | | 华亚正信评报字 | | | 计为 50,539.09 | | 瑞光晟电力科技 | 北京华亚正信资 | 石俊杰、薛文静 | [2025]第 A01- | | 可收回金额 | 万元，可收回金 | | 有限公司股权形 | 产评估有限公司 | | 0033 号 | | | 额 41,820.00 万 | | 成 | | | | | | 元。本年度计提 | | | | | | | | 商誉减值准备 | | | | | | | | 427.99 万元。 | | | | | | | | 含商誉的长期资 | | | | | | | | 产组公允价值合 | | 购买神木市东升 | ...

晋能控股山西电力股份有限公司 2024 年度内部控制自我评价报告 根据《企业内部控制基本规范》及其配套指引的规定和 其他内部控制监管要求，结合公司内部控制制度和评价办法， 在内部控制日常监督和专项监督的基础上，我们对公司截至 2024 年 12 月 31 日（内部控制评价报告基准日）的内部控制 有效性进行了评价。 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实 施内部控制，评价其有效性，并如实披露内部控制评价报告 是公司董事会的责任。监事会对董事会建立和实施内部控制 进行监督。经理层负责组织领导企业内部控制的日常运行。 公司董事会、监事会及董事、监事、高级管理人员保证本报 告内容不存在虚假记载、误导性陈述或重大遗漏，并对报告 内容的真实性、准确性和完整性承担个别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资 产安全、财务报告及相关信息真实完整，提高经营效率和效 果，促进实现发展战略。由于内部控制存在的固有局限性， 故仅能为实现上述目标提供合理保证。此外，由于情况的变 化可能导致内部控制变得不恰当，或对控制政策和程序遵循 的程度降低，根据内部控制评价结果推测未来内部控制的有 ...