Group 1: Event Details - The company will participate in the "2022 Investor Online Collective Reception Day" on June 23, 2022, from 15:00 to 16:30 [1] - The event will be held online via the "Panorama Roadshow" platform [1] Group 2: Company Representatives - The company's General Manager, Mr. Shi Xiaowen, will be present [1] - The Chief Accountant, Mr. Wang Xiaohua, and the Chief Economist and Board Secretary, Mr. Zhao Wenyang, will also participate [1] - The Securities Affairs Representative, Mr. Hao Shaowei, will join the online communication [1] Group 3: Discussion Topics - The discussion will cover corporate governance, development strategy, operational status, financing plans, equity incentives, and sustainable development [1]

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].

证券代码：000767 证券简称：晋控电力 公告编号：2021 临─045 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 2021 年度 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 2021 年 6 月 22 日（星 期二）下午参加"山西辖区上市公司 2021 年度投资者网上 集体接待日暨年报业绩说明会"活动，现将有关事项公告如 下： 本次集体接待日活动将采取网络远程的方式举行，投资 者可以登录"全景•路演天下"（http://rs.p5w.net）参与 本次互动交流。 活动时间为 2021 年 6 月 22 日 15:00 至 16:30。 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 ...

Financial Performance - The company's operating revenue for 2020 was ¥11,687,528,652.08, a decrease of 2.81% compared to ¥12,025,002,573.32 in 2019[22] - The net profit attributable to shareholders of the listed company was ¥226,030,437.94, representing a significant increase of 231.75% from ¥68,131,964.33 in the previous year[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥168,218,222.00, a turnaround from a loss of ¥55,123,416.22 in 2019, marking a 405.17% improvement[22] - Basic earnings per share rose to ¥0.0735, a 232.58% increase compared to ¥0.0221 in the previous year[22] - The weighted average return on net assets was 2.93%, up from 0.90% in the previous year[22] - The gross profit margin improved to 35% in 2020, up from 30% in 2019, indicating better cost management[164] Cash Flow and Investments - The net cash flow from operating activities increased by 28.28% to ¥2,843,943,730.57, up from ¥2,216,905,412.48 in 2019[22] - Operating cash inflow increased by 8.80% from 11,294,888,414.49 yuan in 2019 to 12,288,928,969.97 yuan in 2020[66] - Investment cash inflow decreased significantly by 85.81% from 3,835,462,920.80 yuan in 2019 to 544,106,191.42 yuan in 2020[66] - The company reported a significant difference between net cash flow from operating activities and net profit, with a difference of 2,606,265,635.30 yuan[67] - Investment income accounted for 37.73% of total profit, primarily from long-term equity investments[68] Assets and Liabilities - Total assets at the end of 2020 were ¥56,853,939,284.09, an increase of 11.62% from ¥50,935,982,708.41 at the end of 2019[22] - The net assets attributable to shareholders of the listed company increased by 8.18% to ¥8,237,058,782.83 from ¥7,614,028,344.88 in 2019[22] - Accounts receivable increased to ¥4,981,780,920.53, accounting for 8.76% of total assets, up from 7.47% at the beginning of the year, primarily due to increased electricity receivables[69] - Long-term borrowings increased to ¥10,946,444,338.59, representing 19.25% of total assets, up from 18.18% at the beginning of the year, mainly due to long-term loans for new projects[71] Operational Performance - The company's total power generation reached 37.235 billion kWh in 2020, an increase of 2.88% year-on-year[33] - The total heat supply was 34.4797 million GJ, reflecting a growth of 7.63% compared to the previous year[33] - The average utilization hours of power plants increased to 4,339 hours, up from 4,200 hours year-on-year[41] - The company achieved a 64.48% gross margin in wind power generation, reflecting a 2.44% increase in gross margin year-on-year[49] Strategic Plans and Development - The company aims to enhance the proportion of renewable energy in its power generation mix, focusing on large-capacity and high-parameter power projects[35] - The company has a clear long-term development plan, with five projects included in the key project list for Shanxi Province in 2020[35] - The company plans to build a series of key projects that integrate wind, solar, coal, and storage energy during the 14th Five-Year Plan, leveraging the resource advantages of the Datong area[90] - The company is actively pursuing projects that align with national policies on circular economy and low calorific value coal power generation[100] Environmental Responsibility - The company has emphasized the importance of environmental responsibility and has established a long-term mechanism for dust control and management[142] - The company has implemented a series of environmental measures to enhance supervision and management, including regular inspections and upgrades to dust control facilities[142] - The company reported a total emission of 31.60 tons of particulate matter, 458.23 tons of sulfur dioxide, and 1,108.78 tons of nitrogen oxides, all within the regulatory limits[190] - The company has completed ultra-low emission retrofitting for all 10 active thermal power units, meeting the environmental standards set by Shanxi Province[198] Social Responsibility - The company has actively fulfilled its social responsibilities, including employee welfare and community support initiatives[182] - The company participated in poverty alleviation projects, providing 940.6 million RMB in funding and helping 3,467 registered impoverished individuals to escape poverty[185] - The company has implemented photovoltaic poverty alleviation projects, benefiting 1,600 households with an annual payment of 3,000 RMB per household for 20 years[184] Research and Development - The company applied for 7 patents and published 70 scientific papers in 2020, indicating a commitment to innovation[41] - The company has committed to technological innovation, with 18 key projects under research, including the development of an automated cleaning robot technology for power plants[91] - The company has invested 10,000 million in new technology research and development, focusing on sustainable energy solutions[163] Compliance and Governance - The company has maintained compliance with its commitments regarding related party transactions and will continue to do so in accordance with legal regulations[105] - The company has committed to continuous compliance with its promises to minority shareholders, with all commitments being fulfilled on time[127] - The company has ensured that there are no violations regarding the occupation of assets or funds by its controlling entities[109]

Financial Performance - The company's operating revenue for Q1 2021 was CNY 3,176,168,396.55, representing a 13.65% increase compared to CNY 2,794,794,164.21 in the same period last year[7]. - The net profit attributable to shareholders of the listed company was CNY 3,930,936.87, a decrease of 95.17% from CNY 81,370,228.29 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,138,697.99, down 98.28% from CNY 66,164,093.51 year-on-year[7]. - The basic earnings per share were CNY 0.0013, down 95.08% from CNY 0.0264 in the previous year[7]. - The total operating revenue for the first quarter of 2021 was CNY 3,176,168,396.55, an increase of 13.7% compared to CNY 2,794,794,164.21 in the same period last year[38]. - The company reported a net profit of CNY 141,858,377.83, compared to CNY 137,927,440.96 in the previous period, indicating a growth of about 2.1%[35]. - Net profit for the quarter was CNY 3,575,000.50, a decrease from CNY 84,822,022.40 in the previous year, indicating a decline of approximately 95.8%[40]. - The total profit for the quarter was CNY 13,363,654.41, a decrease from CNY 103,537,931.02 in the previous year, indicating a decline of approximately 87.1%[40]. Cash Flow - The net cash flow from operating activities was CNY 318,690,794.82, a decrease of 19.96% compared to CNY 398,186,051.28 in the same period last year[7]. - Cash inflow from operating activities totaled 3,195,939,251.34 yuan, up from 2,494,907,681.13 yuan year-over-year, reflecting a growth of approximately 28.2%[47]. - Cash outflow from operating activities was 2,877,248,456.52 yuan, compared to 2,096,721,629.85 yuan in the previous period, representing an increase of about 37.3%[47]. - Cash flow from investing activities showed a net outflow of -524,973,460.23 yuan, compared to -854,933,470.62 yuan in the previous period, indicating a reduction in investment outflows[48]. - Cash flow from financing activities resulted in a net outflow of -226,222,510.76 yuan, contrasting with a net inflow of 774,332,700.94 yuan in the prior period[48]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 57,378,292,897.47, an increase of 0.92% from CNY 56,853,939,284.09 at the end of the previous year[7]. - The total liabilities increased to CNY 48,753,260,689.05 from CNY 48,232,416,253.51, reflecting a growth of approximately 1.08%[35]. - The total current liabilities amounted to CNY 27,190,647,536.02, down from CNY 28,168,460,311.84, showing a decrease of approximately 3.5%[35]. - Long-term payables decreased by 99.41% to CNY 48,116,383.22, due to the new leasing standards recognizing long-term lease liabilities[18]. - The company's total equity was reported at CNY 8,621,523,030.58, with a capital reserve of CNY 4,383,645,925.70[58]. - The company's long-term equity investments increased to CNY 2,885,586,359.03 from CNY 2,857,586,460.16 at the end of 2020[33]. Shareholder Information - The top shareholder, Jinneng Holding Coal Industry Group Co., Ltd., held 29.43% of the shares, totaling 905,653,810 shares[11]. - The total number of ordinary shareholders at the end of the reporting period was 155,016[11]. Operational Costs - Operating costs amounted to CNY 883,648,562.60, compared to CNY 746,856,124.69 in the same period last year, reflecting a significant increase[42]. - The company's total operating cost of CNY 3,198,794,142.30, compared to CNY 2,769,394,744.35 in the previous year, reflecting an increase of approximately 15.5%[40]. Investment Income - Investment income for the period was CNY 27,999,898.87, a decrease of 50.91% compared to the previous year, attributed to reduced net profits from associated companies[19]. - Investment income from joint ventures and associates was CNY 27,999,898.87, a decrease from CNY 57,039,800.00 in the previous year, representing a decline of approximately 50.8%[43]. Tax and Financial Expenses - The company's income tax expense for the period was CNY 9,788,653.91, a decrease of 47.7% compared to the previous year, reflecting lower profits[19]. - Financial expenses totaled CNY 434,593,722.17, compared to CNY 421,804,171.29 in the previous year, showing a slight increase[40]. Other Financial Metrics - The company's cash and cash equivalents slightly decreased to CNY 4,810,362,552.71 from CNY 4,818,596,487.74 at the end of 2020[31]. - The ending balance of cash and cash equivalents was 1,211,035,706.85 yuan, down from 2,094,250,917.54 yuan, reflecting a decrease of approximately 42.2%[48]. - The company has a negative retained earnings of CNY -876,658,315.40[63].

Financial Performance - Net profit attributable to shareholders was ¥59,987,493.47, representing a significant increase of 197.49% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥52,206,906.80, up 612.07% year-on-year[7]. - Basic earnings per share were ¥0.0195, reflecting a growth of 195.45% compared to the previous year[7]. - The weighted average return on net assets was 0.77%, an increase of 1.52% compared to the previous year[7]. - Cash flow from operating activities was ¥150,974,533.38, an increase of 107.06% compared to the previous period[7]. - The company reported a total profit of CNY 304,938,331.04, compared to CNY 40,496,815.15 in the previous year, marking a significant improvement[55]. - Net profit for Q3 2020 was CNY 59,879,681.09, compared to a net profit of CNY 3,755,045.37 in Q3 2019, indicating a significant increase[49]. - Net profit for the current period is -¥142,348,261.39, an improvement from -¥224,114,856.19 in the previous period, indicating a reduction in losses[60]. Revenue and Costs - Operating revenue for the reporting period was ¥3,020,564,561.48, showing a slight increase of 0.13% compared to the same period last year[7]. - Total operating revenue for Q3 2020 was CNY 3,020,564,561.48, a slight increase from CNY 3,016,712,610.00 in Q3 2019, representing a growth of 0.1%[47]. - Total operating costs decreased to CNY 2,949,445,314.98 from CNY 3,081,485,351.57 in the previous year, reflecting a reduction of approximately 4.3%[48]. - Operating costs decreased to ¥2,103,336,009.93, down 9.48% from ¥2,324,929,254.88[58]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥54,406,878,427.79, a decrease of 6.81% compared to the end of the previous year[7]. - The total assets of the company reached CNY 28,728,513,619.83, up from CNY 26,969,340,058.68, indicating an increase of about 6.5%[45]. - Total liabilities rose to ¥45,838,269,892.95 from ¥42,947,291,778.44, marking an increase of about 6.7%[41]. - Current liabilities decreased to ¥22,467,120,256.59 from ¥24,960,465,223.58, a reduction of about 10%[41]. - Non-current liabilities increased to ¥23,371,149,636.36 from ¥17,986,826,554.86, showing a significant rise of approximately 30%[41]. - Long-term borrowings increased by 37.21% to RMB 12,704,504,468.18, reflecting an increase in long-term financing[20]. Shareholder Information - The total number of shareholders at the end of the reporting period was 120,695[12]. - The largest shareholder, Datong Coal Mine Group Co., Ltd., held 29.43% of the shares[12]. Cash Flow - Cash flow from tax refunds decreased by 80.28% to RMB 1,849,669.28, primarily due to a reduction in VAT refunds[24]. - Cash flow from financing activities generated a net cash inflow of ¥1,902,056,749.91, contrasting with a net outflow of -¥1,557,647,150.69 in the previous period[65]. - Cash flow from investing activities resulted in a net outflow of -¥2,669,320,266.94, compared to a net inflow of ¥339,930,221.98 in the previous period[62]. Investment and Income - Investment income for the period was RMB 93,518,426.60, an increase of 87.12% compared to the previous year, attributed to higher net profits from associated companies[23]. - The company reported non-recurring gains and losses totaling ¥37,401,010.33 for the reporting period[9]. - Other comprehensive income attributable to the parent company was CNY 175,423,410.20, compared to CNY 57,538,990.12 in the previous year[57]. Financial Challenges - The company reported a net loss of CNY 53,271,184.11 in retained earnings, reflecting ongoing financial challenges[75]. - The company incurred tax expenses of CNY 123,584,877.12, compared to CNY 12,186,961.15 in the previous year, reflecting increased profitability[55].

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 5,366,710,598.37, representing a decrease of 8.06% compared to the same period last year[19] - The net profit attributable to shareholders of the listed company was CNY 115,435,916.73, an increase of 208.86% year-on-year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 85,815,493.07, up 564.13% from the previous year[19] - The company's basic and diluted earnings per share were both CNY 0.0375, reflecting a year-on-year increase of 209.92%[19] - The total operating revenue for the reporting period was approximately ¥5.37 billion, a decrease of 8.06% year-on-year due to lower electricity generation and average prices[38] - The company achieved a net increase in cash and cash equivalents of approximately ¥550.66 million, a 157.42% increase compared to the previous year[40] - The company reported a significant decrease in investment amounting to CNY 85,875,000.00, a decline of 94.34% compared to the previous year[52] - The company reported a total of CNY 1.15 billion in revenue from its subsidiary engaged in electricity supply services, with a net profit of CNY 273.14 million[64] - The company reported a total revenue increase of 6.09 million yuan from its investment activities[61] - The company reported a total profit for the first half of 2020 reached CNY 197,134,945.43, compared to CNY 30,738,829.62 in the same period last year, showing substantial growth[199] Assets and Liabilities - The total assets at the end of the reporting period were CNY 54,891,398,544.82, an increase of 7.77% compared to the end of the previous year[19] - The total assets at the end of the reporting period amounted to CNY 54,498,423,494, with cash and cash equivalents representing 10.02% of total assets[49] - The company's total liabilities reached RMB 46.78 billion, compared to RMB 42.95 billion at the end of 2019, which is an increase of about 8.6%[187] - Long-term borrowings increased significantly to RMB 12.21 billion from RMB 9.26 billion, representing a growth of approximately 31.5%[187] - The company's equity attributable to shareholders decreased to CNY 8,065,712,742.44 from CNY 8,120,126,157.58 at the end of 2019[193] Operational Highlights - The company completed a total power generation of 16.651 billion kWh in the first half of 2020[28] - The company's heating business is concentrated in Shanxi, primarily serving key industrial enterprises and local residents, contributing significantly to revenue[29] - The company's renewable energy installed capacity has rapidly expanded to nearly 2 million kilowatts, significantly supporting performance[33] - The company plans to continue expanding its renewable energy projects, with multiple wind and solar projects expected to come online soon[33] - The company is actively pursuing new technology development to enhance operational efficiency and reduce costs[112] Environmental Compliance - The company faced environmental penalties totaling CNY 100,000 for issues related to dust management and coal transportation[79] - The company has implemented corrective measures to address environmental compliance, including enhanced daily supervision and maintenance of dust control facilities[80] - The company completed ultra-low emission retrofitting for all 10 active thermal power units, meeting the design requirements for pollutant removal rates[134] - The company has established a comprehensive environmental monitoring plan, ensuring compliance with local environmental protection regulations[135] - The company is committed to developing clean energy projects and has implemented significant technological innovations in pollution control[134] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 122,526[151] - Datong Coal Mine Group Co., Ltd. holds 29.43% of the shares, amounting to 905,653,810 shares[151] - The company has no significant changes in the shareholding structure that would affect earnings per share or net assets per share[149] - The company has not disclosed any related party transactions or agreements among shareholders during the reporting period[153] Future Outlook - Future outlook indicates a commitment to increasing production capacity and exploring potential mergers and acquisitions to strengthen market position[112] - The company aims to achieve a targeted growth rate of 10% in revenue for the upcoming fiscal year, supported by its strategic initiatives and market expansion plans[113] - The company plans to continue its photovoltaic poverty alleviation projects in accordance with relevant policies and agreements[140]