证券代码：000767 证券简称：晋控电力 公告编号：2023 临─023 晋能控股山西电力股份有限公司 关于参加山西辖区上市公司 2023 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整， 没有虚假记载、误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，晋能控股山西电力 股份有限公司（以下简称"公司"）将参加由中国证券监督 管理委员会山西监管局、山西省上市公司协会与深圳市全景 网络有限公司联合举办的"2023 年山西辖区上市公司投资者 集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录 "全景路演"网站（http://rs.p5w.net），或关注微信公众 号：全景财经，或下载全景路演 APP,参与本次互动交流，活 动时间为 2023 年 5 月 11 日（周四）15:00-17:00。届时公司 高管将在线就公司 2022 年度业绩、公司治理、发展战略、 经营状况、融资计划和可持续发展等投资者关心的问题，与 投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 晋能控股山西电力股份有限公司董事会 二○二三年五月八日 ...

Financial Performance - The company reported a net loss, leading to a 57.95% decrease in undistributed profits to CNY -823,286,943.66[7] - Net profit attributable to shareholders of the listed company was -¥140,297,619.89, a significant decrease of 4,942.13% from ¥2,897,437.89 in the previous year[45] - Net cash flow from operating activities was -¥445,277,169.04, down 291.03% from ¥233,092,885.05 in the same period last year[45] - Net profit for the period was a loss of ¥165.84 million, compared to a profit of ¥10.30 million in the previous period, indicating a significant downturn[55] - Operating profit turned negative at ¥-128.38 million, down from a profit of ¥40.68 million previously[55] - The net profit attributable to the parent company was -140,297,619.89, compared to 2,897,437.89 in the previous period[56] - The total comprehensive income attributable to the parent company was -140,297,619.89, while the previous period was 2,897,437.89[56] - The total comprehensive income for minority shareholders was -25,542,724.50, compared to 7,400,886.39 in the previous period[56] - The total comprehensive income for the period was -165,840,344.39, compared to 10,298,324.28 in the previous period[56] Revenue and Expenses - Total operating revenue for Q1 2023 reached ¥5,482,884,068.50, an increase of 19.44% compared to ¥4,590,303,501.12 in the same period last year[45] - Research and development expenses surged by 1629.16% to CNY 2,107,918.10, reflecting increased investment in R&D[7] - Cash paid for purchasing goods and services increased by 61.11% to CNY 4,943,776,037.46, driven by higher fuel payments[7] - The company paid CNY 451,184,405.23 in dividends and interest, an increase of 62.53% due to perpetual bond interest payments[7] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥63,330,610,313.47, reflecting a slight increase of 0.54% from ¥62,988,724,979.15 at the end of the previous year[45] - Total assets increased to ¥63.33 billion from ¥62.99 billion, reflecting a growth of approximately 0.55%[52] - Current assets rose to ¥21.45 billion, up from ¥20.53 billion, marking an increase of about 4.45%[52] - Accounts receivable increased to ¥7.46 billion, compared to ¥6.84 billion, representing a growth of approximately 9.06%[52] - Total liabilities increased to ¥52.87 billion from ¥52.25 billion, showing a rise of about 1.19%[53] - Short-term borrowings decreased to ¥5.74 billion from ¥6.17 billion, a decline of approximately 7.06%[53] - Long-term borrowings increased to ¥21.88 billion from ¥18.23 billion, an increase of about 20.00%[53] - The company's total equity decreased to ¥10.46 billion from ¥10.74 billion, a decline of approximately 2.63%[53] - The total equity attributable to shareholders of the listed company decreased by 2.43% to ¥10,489,093,335.83 from ¥10,750,159,652.05 at the end of the previous year[45] Cash Flow - Cash and cash equivalents at the end of the period totaled ¥7,414,043,276.00, an increase from ¥5,870,514,590.49 at the end of the previous year[41] - The company reported a net cash inflow from financing activities of ¥1,545,914,760.61, down from ¥2,988,642,814.25 in the previous year[41] - The company received cash from borrowings amounting to ¥5,339,000,000.00, an increase from ¥4,317,231,469.49 in the same period last year[41] Interest and Investment - Interest income rose by 143.31% to CNY 23,358,076.61, attributed to higher interest rates during the reporting period[7] - The investment income decreased by 93.17% to CNY 2,462,400.00 due to losses from associated companies[7] Shareholder Equity - The minority shareholders' equity decreased by 328.43% to CNY -33,320,020.49, primarily due to losses incurred by subsidiaries during the reporting period[7] - The weighted average return on net assets was -4.43%, a decrease of 4.47% compared to 0.04% in the previous year[45] - Basic earnings per share for Q1 2023 was -¥0.0982, a decline of 11,011.11% from ¥0.0009 in the same period last year[45] - Basic and diluted earnings per share were both -0.0982, compared to 0.0009 in the previous period[56]

Financial Performance - The company's operating revenue for 2022 was ¥20,219,748,627.31, an increase of 32.5% compared to ¥15,274,800,598.55 in 2021[11] - The operating revenue after deductions was ¥20,140,876,456.12, reflecting a significant increase from ¥15,113,205,443.47 in the previous year[11] - The company's revenue from electricity sales in 2022 was approximately ¥15.05 billion, accounting for 80.16% of total operating costs, representing a year-on-year increase of 42.43%[30] - The revenue from heat sales in 2022 was approximately ¥1.79 billion, making up 9.51% of total operating costs, with a year-on-year increase of 33.85%[30] - The company's operating cash inflow totaled ¥22,731,598,057.41, representing a 49.14% increase compared to the previous year[84] - The total revenue for Q4 2022 was ¥5,465,465,537.35, showing a consistent revenue stream throughout the year[109] - The coal segment saw a significant revenue increase of 62.08%, contributing ¥5,881,818,028.89, which is 29.09% of total revenue[98] - The company reported a total of ¥117.37 million in non-operating income for the reporting period[45] - The company's total operating revenue for thermal power reached ¥15,191,234,485.67, an increase of 45.72% year-on-year[132] Profitability and Net Profit - The net profit attributable to ordinary shareholders, after deducting perpetual bond interest of ¥105,400,000, was not specified but is a key metric for performance evaluation[10] - The total profit for the company was -630 million yuan, a decrease of 2,474.80% year-on-year[97] - The net profit attributable to shareholders was -683 million yuan, a decrease of 17,871.68% year-on-year[97] - The net profit attributable to shareholders for 2022 was -¥682,562,776.55, a significant decline of 17,871.68% from a profit of ¥3,840,732.04 in 2021[134] - The company reported a net profit attributable to shareholders of -¥730,330,521.30 in Q4 2022, contrasting with profits in earlier quarters[109] Operating Costs and Expenses - The increase in fuel costs was primarily due to rising fuel prices during the reporting period[31] - The increase in operating costs related to entrusted operation fees, material costs, and repair costs was due to higher electricity and heating output[31] - The company's fuel costs for electricity amounted to ¥10,007,146,786.51, representing 53.30% of total operating costs, an increase of 54.01% compared to ¥6,497,772,501.24 in 2021[53] - The company's total operating costs for electricity increased by 54.01% year-on-year, driven primarily by rising fuel costs[53] - Cash outflows from operating activities rose by 63.55%, mainly due to increased cash payments for goods and taxes[100] Environmental Impact and Emissions - The total emissions of particulate matter from Jin Energy Control Shanxi Changzhi Power Co., Ltd. were 35.97 tons, with no exceedance of emission standards[27] - The total emissions of sulfur dioxide from Jin Energy Control Shanxi Changzhi Power Co., Ltd. were 503.08 tons, with no exceedance of emission standards[27] - The total emissions of nitrogen oxides from Jin Energy Control Shanxi Changzhi Power Co., Ltd. were 903.13 tons, with no exceedance of emission standards[27] - The company’s nitrogen oxide emissions from the Wangping Power Plant were recorded at 36.38 mg/m3, with total emissions of 315.17 tons for the reporting period[49] - The company’s sulfur dioxide emissions from the Wangping Power Plant were recorded at 11.99 mg/m3, with total emissions of 107.8 tons for the reporting period[49] - The company’s total emissions of nitrogen oxides from the Tongda Thermal Power Plant were recorded at 34.85 mg/m3, with total emissions of 427.61 tons[49] Research and Development - Research and development personnel increased by 19.63% from 107 in 2021 to 128 in 2022, with the proportion of R&D personnel rising from 1.37% to 1.63%[60] - R&D investment amounted to ¥22,622,808.81 in 2022, a 9.60% increase from ¥20,640,874.14 in 2021, while the ratio of R&D investment to operating revenue decreased from 0.14% to 0.11%[60] - The company capitalized R&D expenditures amounting to ¥13,450,613.33, representing 59.46% of total R&D investment, a significant shift from 0% in the previous year[60] - The company achieved a 15% increase in mill output through the upgrade of coal mills, extending maintenance intervals from once a year to every 2.5-3 years[60] - The company has made significant advancements in technology, applying for multiple patents and publishing 62 scientific papers in 2022[94] Strategic Initiatives and Future Outlook - The company has outlined potential risks and countermeasures in its future development outlook, which investors are encouraged to review[16] - The company is committed to improving internal controls and has established standards for identifying significant deficiencies in financial reporting[25] - The company is actively promoting long-term coal supply agreements to mitigate fuel cost increases, with a focus on maintaining uninterrupted fuel supply[90] - The company is implementing a "three modifications" strategy for existing thermal power units to improve efficiency and reduce coal consumption[121] - The company aims to improve its carbon emission management system and enhance the quality of carbon emission data[144] Governance and Management - The company has established an independent financial department with a complete accounting system and financial management protocols[151] - The company has a governance structure that includes independent directors and a supervisory board, ensuring compliance and oversight[174] - The company has maintained an independent decision-making and management system, ensuring operational autonomy from its controlling shareholder[173] - The company has a commitment to transparency, as evidenced by the detailed reporting of shareholder meeting outcomes and management changes[154][159] - The total remuneration for directors, supervisors, and senior management in 2022 amounted to CNY 5.9309 million[189]

Financial Performance - The company's operating revenue for Q3 2022 was ¥5,433,137,237.14, an increase of 44.89% compared to ¥3,720,209,814.28 in the same period last year[7] - Net profit attributable to shareholders was ¥28,023,469.95, a significant increase of 1,551.61% from a loss of ¥8,342,268.86 in the previous year[7] - The company reported a 51.33% increase in operating revenue year-to-date, totaling ¥14,754,283,089.96, driven by higher electricity sales volume and prices[18] - Total operating revenue for the period reached ¥14,754,283,089.96, a significant increase from ¥9,750,005,002.08 in the previous period, representing a growth of approximately 51.5%[36] - The net profit attributable to the parent company's shareholders was ¥11,525,734,455.37, up from ¥9,166,095,238.91, reflecting a growth of approximately 25.7%[35] - The net profit for the current period is 26,951,816.27, compared to a net loss of 64,012,925.65 in the previous period, indicating a significant turnaround[38] - Total profit reached 148,867,514.27, up from 73,143,247.97, marking an increase of about 103.5%[38] - Operating profit increased to 50,396,921.75 from 26,878,502.76, reflecting a growth of approximately 87.5%[38] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥954,786,805.77, up 86.89% from ¥553,824,616.95 in the previous year[7] - Cash flow from operating activities generated a net amount of 954,786,805.77, compared to 510,874,471.14 in the previous period, representing an increase of approximately 86.7%[42] - Cash flow from financing activities resulted in a net inflow of 4,014,726,144.20, compared to 1,779,662,171.01 in the previous period, showing a growth of about 125.5%[45] - The company's cash and cash equivalents as of September 30, 2022, amounted to ¥9,240,242,050.52, an increase from ¥6,641,398,698.19 at the beginning of the year, representing a growth of approximately 39.9%[29] - The total cash and cash equivalents at the end of the period amounted to 5,995,301,043.57, compared to 2,598,098,767.07 at the end of the previous period, indicating an increase of approximately 130.5%[45] - The company received cash from sales of goods and services totaling 14,013,610,150.03, compared to 8,686,489,491.81 in the previous period, reflecting an increase of about 61.5%[42] Assets and Liabilities - The company's total assets as of September 30, 2022, were ¥63,711,585,022.02, reflecting a 3.61% increase from the previous year-end[7] - Total assets increased to ¥63,711,585,022.02 from ¥61,490,920,098.45, marking a growth of approximately 3.6%[35] - Current liabilities decreased to ¥25,501,041,880.70 from ¥31,230,173,653.96, a reduction of about 18.3%[32] - Non-current liabilities rose to ¥26,595,807,265.45 from ¥20,984,780,163.70, an increase of approximately 26.9%[32] - The total current assets reached ¥20,956,811,982.15, up from ¥17,888,266,867.66, indicating an increase of approximately 11.6%[29] - Non-current assets totaled ¥42,754,773,039.87, a decrease from ¥43,602,653,230.79, indicating a reduction of about 1.9%[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 118,717, with the largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holding 29.43% of shares, equating to 905,653,810 shares[20] - The top ten shareholders include state-owned entities, with the Shanxi Provincial Government holding 9.72% of shares, equating to 299,130,000 shares[20] - The company has a total of 164,640,883 preferred shares with restored voting rights held by the largest shareholder[20] - Jinneng Holding Coal Industry Group Co., Ltd. participated in margin trading with 340,000,000 shares[26] Investment and R&D - The company recorded a 307.01% increase in investment income, amounting to ¥194,355,759.78, due to improved profitability of associated companies[18] - Research and development expenses for the period were ¥10,112,250.14, reflecting ongoing investment in innovation[36] - The company reported an investment income of ¥194,355,759.78, significantly higher than ¥47,752,141.69 in the previous period, indicating improved performance in investments[36] Operational Costs - Total operating costs amounted to ¥14,921,570,018.29, compared to ¥9,786,590,041.01 in the prior period, indicating an increase of about 52.5%[36] Market Strategy - The company is actively exploring market expansion strategies and new product development initiatives[25]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥9,321,145,852.82, representing a 55.35% increase compared to ¥5,898,511,139.12 in the same period last year[25]. - The net profit attributable to shareholders was ¥19,744,274.80, a decrease of 45.07% from ¥35,945,607.31 in the previous year[25]. - The net cash flow from operating activities was ¥587,260,439.04, up 28.52% from ¥416,605,985.42 in the same period last year[25]. - Total assets at the end of the reporting period were ¥65,532,774,445.61, an increase of 6.57% from ¥61,490,920,098.45 at the end of the previous year[25]. - The net assets attributable to shareholders increased by 25.97% to ¥11,546,210,985.42 from ¥9,166,095,238.91 at the end of the previous year[25]. - The basic earnings per share were -¥0.0009, a decline of 107.69% compared to ¥0.0043 in the same period last year[25]. - The company's total revenue for the reporting period reached ¥9,321,145,852.82, representing a 55.35% increase compared to ¥6,000,102,751.78 in the same period last year[37]. - The operating cost increased by 62.49% to ¥8,206,042,076.22, primarily due to the commissioning of Changzhi Power Plant and rising coal procurement costs[37]. - The company's total revenue from electricity generation reached ¥7,814,103,889.51, with a gross margin of 17.61%, reflecting a year-on-year revenue increase of 60.72%[44]. - The revenue from thermal power generation was ¥6,811,563,988.94, with a gross margin of 12.03%, showing an increase of 81.63% compared to the same period last year[44]. Investment and Financing - Research and development investment surged by 100% to ¥6,998,023.63, reflecting an increase in R&D projects[40]. - The company achieved a significant increase in financing activities, with net cash flow from financing activities rising by 517.63% to ¥4,938,262,093.19[40]. - The company reported a significant increase in investment, with a total of ¥205,270,000 during the reporting period, a 3,321.17% increase compared to the previous year[53]. - The company reported a total of 268,772.45 thousand yuan in fuel procurement from related parties, accounting for 55.95% of similar transaction amounts[115]. - The company engaged in transportation services with related parties, totaling 22,502.22 thousand yuan, which represents 52.05% of similar transaction amounts[115]. - The company confirmed a maximum daily deposit balance of 56,221.28 thousand yuan with a related financial company, with a range of interest rates from 0.47% to 3.025%[125]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[75]. - Total emissions of smoke dust from Jin Kong Power Tonghua Shanxi Power Co. amounted to 12.68 tons, with a concentration of 0.97 mg/m³, well below the provincial standard[75]. - Total emissions of sulfur dioxide from Jin Kong Power Tonghua Shanxi Power Co. reached 212.37 tons, with a concentration of 16.67 mg/m³, compliant with the provincial standard[75]. - Total emissions of nitrogen oxides from Jin Kong Power Tonghua Shanxi Power Co. were 519 tons, with a concentration of 40.43 mg/m³, adhering to the provincial standard[75]. - The company completed ultra-low emission retrofitting for all 10 active thermal power units, achieving a desulfurization facility operation rate of 100%[88]. - The newly established Changzhi Power Plant has commenced production, designed to meet ultra-low emission standards, with pollutant removal rates meeting design requirements[88]. - The company has implemented a carbon emission management information system, leading to a gradual decrease in carbon emissions and intensity[94]. - The company has established a comprehensive environmental monitoring plan, ensuring compliance with local environmental protection regulations[93]. Community Engagement and Social Responsibility - The company is actively involved in rural revitalization efforts, focusing on poverty alleviation and community support initiatives[97]. - The company actively engaged in photovoltaic poverty alleviation projects, benefiting 1,600 households in Qicheng Town with an annual payment of 3,000 yuan per household for 20 years[99]. - The company established a "Love Supermarket" in Longgong Village, distributing over 16,000 yuan worth of materials in the first half of 2022[99]. - The company monitored poverty alleviation households for potential return to poverty due to illness or disaster, conducting skills training and home visits[99]. Corporate Governance - The company maintains a strong governance structure and a professional management team, ensuring effective decision-making and operational efficiency[36]. - The company held two shareholder meetings during the reporting period, with participation rates of approximately 46.8% and 46.79% respectively, indicating strong shareholder engagement[68]. - The company has no stock incentive plans, employee stock ownership plans, or other employee incentive measures in place during the reporting period[71]. Future Commitments and Strategic Planning - The company has a clear medium to long-term development plan, focusing on clean energy and advanced coal power generation projects[36]. - The company is focused on expanding its renewable energy portfolio, with a commitment of 45,000 million for future revenue from new energy projects[149]. - The company has secured future revenue commitments totaling 30,000 million with a guarantee period of 1 year as of December 22, 2021[143]. - The company has ongoing projects with future revenue commitments of 42,000 million and 35,243.05 million, both with an 8-year duration, showcasing its expansion strategy[155]. - The company has a significant future revenue commitment of 62,000 million for a project lasting 17 years, indicating robust long-term planning[155].

证券代码：000767 证券简称：晋控电力 公告编号：2022 临─023 晋能控股山西电力股份有限公司 关于参加"山西辖区上市公司 2022 年 投资者网上集体接待日暨年报业绩说明会" 活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没 有虚假记载、误导性陈述或者重大遗漏。 为加强与广大投资者的沟通交流，晋能控股山西电力股 份有限公司（以下简称"公司"）定于 2022 年 6 月 23 日（星 期四）15﹕00-16﹕30 参加在全景网举办的"真诚沟通 传递 价值"山西辖区上市公司 2022 年投资者网上集体接待日暨 年报业绩说明会活动，本次活动将采用网络远程的方式举行， 投资者可登录"全景• 路演"（ http://rs.p5w.net）参与 本次互动交流。 届时公司总经理史晓文先生，总会计师王晓华先生，总 经济师、董事会秘书赵文阳先生，证券事务代表郝少伟先生 将通过网络在线交流形式与投资者就公司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展等投资者关注 的问题进行沟通。 欢迎广大投资者积极参与。 特此公告。 晋能控股山西电力股份有限公司董事会 二○二二年六月十七日 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥4,590,303,501.12, representing a 42.38% increase compared to ¥3,176,168,396.55 in the same period last year[3]. - The net profit attributable to shareholders was ¥2,897,437.89, a decrease of 79.60% from ¥3,930,936.87 in the previous year[3]. - The basic earnings per share decreased by 80.43% to ¥0.0009 from ¥0.0013 in the same period last year[3]. - Total operating revenue for the current period reached ¥4,590,303,501.12, a significant increase from ¥3,223,977,931.61 in the previous period, representing an increase of approximately 42.4%[25]. - Total operating costs amounted to ¥4,595,083,760.02, compared to ¥3,232,787,785.88 in the previous period, reflecting an increase of about 42.2%[25]. - Net profit for the current period was ¥10,298,324.28, down from ¥13,849,626.95 in the previous period, indicating a decrease of approximately 25.5%[28]. - The basic earnings per share for the current period was ¥0.0009, down from ¥0.0046 in the previous period, reflecting a decrease of approximately 80.4%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥64,879,790,123.15, an increase of 5.51% from ¥61,490,920,098.45 at the end of the previous year[5]. - The total assets of Jin Energy Holdings Shanxi Electric Power Co., Ltd. increased from CNY 61.49 billion to CNY 64.88 billion, representing a growth of approximately 5.8%[21]. - The company's current assets decreased from CNY 21.73 billion to CNY 17.89 billion, a decline of about 17.5%[18]. - The total liabilities rose from CNY 52.21 billion to CNY 53.21 billion, indicating an increase of approximately 1.9%[21]. - Short-term borrowings increased significantly from CNY 7.08 billion to CNY 8.64 billion, reflecting a rise of about 22%[21]. - Long-term borrowings increased from CNY 12.97 billion to CNY 14.77 billion, representing a growth of about 13.9%[21]. - The total non-current assets decreased slightly from CNY 43.60 billion to CNY 43.15 billion, a decline of about 1.0%[21]. Cash Flow - The cash flow from operating activities was ¥233,092,885.05, down 31.01% from ¥318,690,794.82 in the previous year[3]. - Cash inflow from operating activities totaled ¥4,082,673,365.28, compared to ¥3,245,188,115.17 in the previous period, marking an increase of about 25.8%[32]. - The net cash flow from operating activities was 233,092,885.05, a decrease from 337,869,902.49 in the previous period[35]. - The net cash flow from investing activities was -563,854,562.18, compared to -524,845,620.23 in the prior period[35]. - The net cash flow from financing activities was 3,638,642,814.25, a significant increase from -226,222,510.76 previously[38]. - The cash outflow from operating activities totaled 3,849,580,480.23, compared to 2,907,318,212.68 previously[35]. - The cash inflow from financing activities was 6,730,242,869.49, compared to 4,026,799,152.28 in the prior period[35]. - The company reported a net increase in cash and cash equivalents of 3,307,881,137.12, compared to a decrease of 413,198,228.50 in the prior period[38]. Equity and Investments - The total equity attributable to shareholders increased by 26.02% to ¥11,551,393,808.88 from ¥9,166,095,238.91[5]. - The company's total equity is not explicitly stated in the provided documents, but the increase in total assets and liabilities suggests a focus on maintaining a balanced financial structure[21]. - The company reported investment income of ¥36,055,144.63, up from ¥27,999,898.87 in the previous period, representing an increase of approximately 28.5%[28]. Expenses - The company experienced a 93.37% decrease in other operating income, amounting to ¥753,520.92, compared to the previous year[8]. - The company reported a significant increase in tax expenses, which rose by 102.88% to ¥26,807,370.75 due to higher profits from subsidiaries[8]. - Financial expenses, including interest expenses, rose to ¥501,170,449.60 from ¥434,543,853.98, reflecting an increase of about 15.3%[25]. - The company paid 426,584,611.04 in taxes, an increase from 215,915,078.81 in the previous period[35]. - The company paid 1,708,488,780.58 in debt repayments, down from 2,250,380,732.34 in the previous period[35]. - The cash outflow for investing activities was 563,854,562.18, compared to 525,447,960.23 previously[35]. - Research and development expenses for the current period were ¥121,903.92, significantly higher than ¥3,103.93 in the previous period, indicating a focus on innovation[25].

Financial Performance - The company's operating revenue for 2021 was ¥15,274,800,598.55, representing a 28.75% increase compared to ¥11,687,528,652.08 in 2020[21] - The net profit attributable to shareholders of the listed company for 2021 was ¥3,840,732.04, a significant decrease of 98.59% from ¥226,030,437.94 in 2020[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥160,699,005.72, a decline of 174.73% compared to ¥168,218,222.00 in 2020[21] - The net cash flow from operating activities for 2021 was ¥2,045,614,544.87, down 29.77% from ¥2,843,943,730.57 in 2020[21] - The basic earnings per share for 2021 was -¥0.0072, a decrease of 108.12% from ¥0.0735 in 2020[21] - The diluted earnings per share for 2021 was also -¥0.0072, showing the same decline of 108.12% from ¥0.0735 in 2020[21] - The weighted average return on equity for 2021 was -0.27%, down from 2.93% in 2020[21] - The total profit amounted to 27 million yuan, a significant decrease of 94.42% year-on-year[47] Revenue Breakdown - The company's total revenue for Q4 2021 reached ¥5,656,079,645.15, marking a significant increase compared to previous quarters[26] - The electricity segment generated ¥12,476,059,762.71, accounting for 81.68% of total revenue, with a year-on-year growth of 27.17%[50] - Coal-fired power revenue surged by 175.68% to ¥3,628,946,938.58, up from ¥1,316,358,472.36 in 2020, representing 23.76% of total revenue[50] - The company reported a significant increase in maintenance services revenue, which rose by 32.45% to ¥443,090,252.16[50] - The total sales volume of electricity increased by 12.92% to 3,916,336.31 million kWh in 2021, compared to 3,468,108.71 million kWh in 2020[54] Asset and Liability Management - The total assets at the end of 2021 were ¥61,490,920,098.45, an increase of 7.14% from ¥56,853,939,284.09 at the end of 2020[23] - The net assets attributable to shareholders of the listed company at the end of 2021 were ¥9,166,095,238.91, reflecting a 5.43% increase from ¥8,237,058,782.83 at the end of 2020[23] - Cash and cash equivalents increased to 6,641,398,698.19 yuan, accounting for 10.80% of total assets, up from 8.51% at the beginning of the year[79] - Accounts receivable rose to 6,210,303,001.07 yuan, representing 10.10% of total assets, an increase of 1.41% from the previous year[79] - Inventory increased to 1,932,233,597.11 yuan, making up 3.14% of total assets, up by 1.31% year-on-year[79] Operational Efficiency - The company reported a total installed capacity of 10,808 MW by the end of 2021, with coal power accounting for 8,800 MW and renewable energy sources contributing 1,880 MW[35] - The average utilization hours for conventional coal power in 2021 were 4,418 hours, which is significantly higher than the provincial average[35] - The company completed a total power generation of 42.796 billion kWh in 2021, outperforming the provincial average utilization[35] - The company achieved a 1% improvement in boiler efficiency under 60% load conditions through new technologies[70] - The company reported a decrease in coal consumption of 2g/kW.h due to the implementation of energy-saving technologies[70] Research and Development - The company established a research and development center, with an investment of 20.64 million yuan in technology research, resulting in 9 new utility model patents[46] - The company’s R&D expenses surged to ¥20,640,874.14, reflecting a dramatic increase of 19,208.37% compared to the previous year[65] - The company’s R&D personnel increased significantly from 2 in 2020 to 107 in 2021, representing a growth rate of 5,250%[71] - R&D investment rose dramatically from ¥106,901.19 in 2020 to ¥20,640,874.14 in 2021, a change of 19,208.37%[71] Environmental Compliance - The company reported a total sulfur dioxide emission of 371.73 tons, which is below the approved limit of 3923.64 tons, indicating compliance with environmental standards[172] - Nitrogen oxides emissions were recorded at 933.77 tons, significantly lower than the approved limit of 2609.95 tons, demonstrating effective pollution control measures[172] - The company achieved a dust emission level of 20.49 tons, well within the approved limit of 698.39 tons, reflecting adherence to environmental regulations[172] - The company has maintained zero instances of exceeding emission limits across all reported pollutants, showcasing its commitment to environmental responsibility[172] - The company has implemented effective measures to ensure compliance with environmental standards, as evidenced by the absence of any exceedances in pollutant emissions[176] Corporate Governance - The company has a governance structure that includes a board of directors with 8 members, ensuring independent oversight with 3 independent directors[104] - The company has independent directors with significant experience in finance and academia, enhancing governance[118] - The company has a total of 6 independent directors, contributing to diverse perspectives in decision-making[118] - The company has established a comprehensive internal control system with 215 internal control regulations in place by the end of 2021[150] - The company emphasizes the importance of aligning remuneration with provincial wage policies and company performance[124] Social Responsibility - The company actively fulfilled its social responsibilities, ensuring compliance with labor laws and providing various insurances for employees, enhancing corporate cohesion[192] - The company implemented photovoltaic poverty alleviation projects, benefiting 1,600 households with an annual payment of 3,000 yuan per household for 20 years[195] - The company has established a leadership group for poverty alleviation and rural revitalization, ensuring effective coordination and implementation of related tasks[193] - The company has successfully completed its poverty alleviation tasks and is now focusing on integrating these efforts with rural revitalization initiatives[193] - The company has made significant contributions to local ecological protection, reflecting its commitment to the principle that "green mountains and clear waters are as valuable as mountains of gold and silver"[192]

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,720,209,814.28, an increase of 23.16% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥8,342,268.86, a decrease of 113.91% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥25,280,806.23, a decrease of 148.42% compared to the previous year[3]. - Total operating revenue for the third quarter was CNY 9,618,720,953.40, an increase of 14.66% from CNY 8,387,275,159.85 in the previous year[27]. - The net profit for the period was a loss of CNY 93,085,346.33, compared to a profit of CNY 181,353,453.92 in the same period last year[30]. - The total comprehensive income attributable to the parent company was 4,942,679.10, compared to 175,423,410.20 in the previous period[33]. - Basic and diluted earnings per share were both 0.0016, down from 0.0570 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥60,698,643,880.34, reflecting a 6.76% increase from the end of the previous year[3]. - Total assets increased to CNY 60,698,643,880.34 from CNY 56,853,939,284.09, representing an increase of 6.45%[25]. - Total liabilities rose to CNY 51,573,394,875.34, up from CNY 48,232,416,253.51, indicating a growth of 4.82%[25]. - Non-current liabilities totaled CNY 22,944,072,698.60, compared to CNY 20,063,955,941.67, marking an increase of 14.24%[25]. - Current liabilities totaled approximately ¥28.17 billion, including short-term borrowings of ¥7.05 billion and accounts payable of ¥5.18 billion[47]. - Non-current liabilities reached approximately ¥20.06 billion, with long-term borrowings at ¥10.95 billion and long-term payables at ¥8.17 billion[47]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥553,824,616.95, representing a 200.37% increase[3]. - The net cash flow from operating activities was 553,824,616.95, an increase from 184,382,024.55 in the previous period[34]. - Cash received from sales of goods and services amounted to 8,555,223,334.57, up from 7,307,575,400.02 in the previous period, reflecting a growth of approximately 17.1%[34]. - The net cash flow from investing activities was -1,400,262,095.12, an improvement from -2,669,320,266.94 in the previous period[40]. - Cash flow from financing activities generated a net amount of 1,779,662,171.01, compared to 1,902,056,749.91 in the previous period[40]. - The ending cash and cash equivalents balance was 2,576,765,575.86, compared to 1,193,784,143.46 in the previous period, indicating a significant increase[40]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 134,029[12]. - The largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holds 29.43% of shares, totaling 905,653,810 shares[12]. - The top ten shareholders collectively hold a significant portion of the company's equity, indicating concentrated ownership[12]. Inventory and Receivables - Accounts receivable increased by 31.02% to ¥6,527,232,961.26, primarily due to an increase in renewable energy subsidy receivables[6]. - Inventory increased by 88.02% to ¥1,973,351,327.02, mainly due to an increase in fuel stock[6]. - Accounts receivable increased to CNY 6.53 billion from CNY 4.98 billion year-over-year[19]. - Inventory as of September 30, 2021, was CNY 1.97 billion, up from CNY 1.05 billion in the previous year[19]. Investments and Equity - The company’s investment income for the period was ¥47,752,141.69, a decrease of 48.94% year-on-year due to reduced net profits from associated companies[7]. - Long-term equity investments stood at CNY 2.91 billion, slightly up from CNY 2.86 billion year-over-year[19]. - The company’s equity attributable to shareholders increased to CNY 8,840,012,782.68 from CNY 8,237,058,782.83, reflecting a growth of 7.33%[25]. Operational Insights - The company is exploring market expansion strategies and new product development to enhance its competitive position[12]. - The company has ongoing investments in fixed assets, which decreased from CNY 28,750,723,363.18 to CNY 15,687,751,839.50, indicating a potential shift in capital allocation strategy[25]. - The company has implemented new leasing standards effective from January 1, 2021, impacting financial reporting[49]. - The third quarter report for 2021 was not audited, indicating preliminary financial results[51].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 5,898,511,139.12, representing a 9.91% increase compared to CNY 5,366,710,598.37 in the same period last year[22]. - The net profit attributable to shareholders of the listed company decreased by 88.49% to CNY 13,284,947.96 from CNY 115,435,916.73 year-on-year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -16,908,990.53, a decrease of 119.70% compared to CNY 85,815,493.07 in the previous year[22]. - The net cash flow from operating activities increased significantly by 1,147.04% to CNY 416,605,985.42 from CNY 33,407,491.17 in the same period last year[22]. - The total assets at the end of the reporting period were CNY 59,046,255,075.60, an increase of 3.86% from CNY 56,853,939,284.09 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company increased by 3.79% to CNY 8,549,443,730.79 from CNY 8,237,058,782.83 at the end of the previous year[22]. Revenue Sources - The revenue from coal-fired electricity was ¥3,750,299,808.66, accounting for 63.58% of total revenue, with a year-on-year growth of 4.06%[40]. - Wind power revenue increased significantly by 121.70% to ¥454,912,916.47, reflecting the company's expansion in renewable energy[40]. - The company reported a coal sales revenue of CNY 711.69 million, reflecting a strong performance in the coal trading segment[56]. - The average price of Shanxi Datong 5500 thermal coal increased to CNY 835 per ton, up CNY 444 compared to the same period last year, indicating rising fuel costs[57]. Cost and Expenses - Operating costs increased by 16.98% to ¥4,982,966,736.51, primarily driven by rising coal procurement costs[35]. - The company reported a decrease in financial expenses by 3.63% to ¥850,359,463.85, mainly due to reduced interest expenses[37]. - The gross profit margin for the electricity segment was 19.70%, showing a decrease of 3.89% compared to the previous year[41]. Environmental Compliance - The total emissions of smoke dust from Jin Energy Holding Shanxi Electric Power Co., Ltd. is 8.78 tons, with a concentration of 0.97 mg/m³, complying with local standards[71]. - The total emissions of sulfur dioxide from Jin Energy Holding Shanxi Electric Power Co., Ltd. is 147.96 tons, with a concentration of 16.34 mg/m³, complying with local standards[71]. - The total emissions of nitrogen oxides from Jin Energy Holding Shanxi Electric Power Co., Ltd. is 360.31 tons, with a concentration of 39.8 mg/m³, complying with local standards[71]. - The company has completed ultra-low emission renovations for all 10 active thermal power units, meeting the environmental standards set by Shanxi Province[81]. - The company has established a comprehensive environmental monitoring plan, ensuring compliance with local ecological protection regulations[81]. Strategic Initiatives - The company is focusing on developing renewable energy sources such as wind and solar power to increase the proportion of renewable energy generation[30]. - The company has a clear mid-to-long term development plan, focusing on large capacity and high-efficiency power generation projects[32]. - Jin Energy Holdings plans to enhance profitability and risk resistance by improving management of its equity investments in subsidiaries like Aluminum Corporation of China and Huaren Power[59]. - The company is actively pursuing new technology development to enhance operational efficiency and market competitiveness[119]. Shareholder Information - The largest shareholder, Jinneng Holding Coal Industry Group Co., Ltd., holds 29.43% of the shares, totaling 905,653,810 shares[145]. - 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[145]. - The company has no plans for share repurchase or issuance of new shares at this time[143]. Future Outlook - The company anticipates a revenue increase of 15% in the upcoming fiscal year, driven by new product launches and market expansion initiatives[118]. - The company has outlined a strategic plan for mergers and acquisitions to bolster its market position and expand its operational capabilities[119]. - Future earnings from the Hebei Longqin Photovoltaic Technology Company are projected at 38,610 million, showcasing the company's investment in renewable energy[119]. - Overall, the company is committed to sustainable growth, with a focus on reducing carbon emissions by 25% over the next decade[122].