Financial Performance - The company's operating revenue for the first half of 2022 was ¥7,700,928,824.31, representing a 20.86% increase compared to ¥6,303,427,717.71 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was ¥753,545,203.52, a slight increase of 0.91% from ¥703,612,111.23 in the previous year[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥746,528,072.67, up 3.18% from ¥680,391,503.37 in the same period last year[27]. - The net cash flow from operating activities was ¥4,611,246,745.69, showing a significant increase of 176.85% compared to ¥1,665,586,169.55 in the previous year[27]. - The total assets at the end of the reporting period were ¥71,341,309,052.24, reflecting a 6.76% increase from ¥66,751,956,212.30 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company were ¥11,260,446,209.13, which is a 7.18% increase from ¥10,456,350,031.92 at the end of the previous year[27]. - The basic earnings per share decreased by 10.71% to ¥0.2701 from ¥0.2900 in the same period last year[27]. - The diluted earnings per share also decreased by 10.71% to ¥0.2701 from ¥0.2900 in the previous year[27]. - The weighted average return on net assets was 6.92%, down from 7.60% in the previous year[27]. Research and Development - The company's research and development expenditure increased by 246.36% to CNY 9.19 million, up from CNY 2.65 million in the previous year[41]. Revenue Breakdown - The revenue from electric power was ¥5,748,493,584.3, accounting for 74.65% of total revenue, with an 18.71% increase from the previous year[45]. - The revenue from operation and maintenance services increased by 54.17% to ¥1,260,059,321.09, representing 16.36% of total revenue[45]. - The revenue from wind power products was ¥1,490,411,703.19, with a 6.46% increase year-on-year[47]. Investments and Projects - The total investment amount for the reporting period was CNY 3,184,183,183.27, representing an increase of 8.84% compared to the previous year's investment of CNY 2,925,620,834.52[58]. - The company invested CNY 214,140,000.00 in Changchun Green Energy Technology Co., holding a 26.77% stake, focusing on hydrogen energy technology promotion and sales[58]. - The company is currently developing several renewable energy projects, including a 100MW photovoltaic project in Fuzhou with an investment of CNY 33,155,603.51[65]. - The company has invested CNY 232,596,226.99 in a 100MW photovoltaic project in Tiandong, Guangxi, with a cumulative investment of CNY 436,893,441.60[65]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with specific emissions data reported for various pollutants, including 13.20 tons of smoke dust and 95.39 tons of sulfur dioxide[109]. - The company has implemented measures to ensure that pollutant emissions meet national standards, with no instances of exceeding discharge limits reported[109]. - The company has achieved a sulfur dioxide emission level of 94.49 mg/Nm3, resulting in an annual emission of 1,795.49 tons[112]. - The company has implemented ultra-low emission modifications to its thermal power units, ensuring compliance with environmental standards[116]. - The company is actively developing clean energy projects, including wind and solar power, to reduce carbon emissions[121]. Market and Risk Management - The company faces market risks due to the ongoing electricity system reform, with coal-fired power generation fully entering the electricity market, leading to a pricing mechanism of "benchmark price + fluctuations" for grid-connected electricity[95]. - The company plans to enhance user development and expand both domestic and international markets to improve competitiveness in response to market challenges[95]. - Environmental risks are managed by ensuring compliance with national environmental laws and establishing a pre-control mechanism for environmental risks[95]. Shareholder Information - The largest shareholder, State Power Investment Group Jilin Energy Investment Co., Ltd., holds 26.19% of the shares, totaling 730,872,327 shares[172]. - The total number of shareholders holding more than 5% of the shares is 183,464, indicating a broad ownership structure[172]. - The report confirms that there are no known related party transactions among the top shareholders beyond those specified[176]. Legal and Regulatory Matters - The company has 28 ongoing litigation cases as of June 30, 2022, with a total amount involved of 197.67 million yuan, and no significant impact on the company's financial results during the reporting period[132]. - The company has not reported any violations regarding external guarantees during the reporting period[129]. - The company has not faced any major lawsuits or arbitration matters during the reporting period[132].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,290,487,622.35, representing a 22.24% increase compared to CNY 3,509,973,908.43 in the same period last year[3] - Net profit attributable to shareholders decreased by 2.50% to CNY 414,953,137.47 from CNY 425,590,985.66 year-on-year[3] - The company's basic earnings per share decreased by 25.00% to CNY 0.15 from CNY 0.20 in the same period last year[4] - The weighted average return on net assets decreased to 3.89% from 5.31% year-on-year[4] - Net profit for the period was ¥518,086,412.42, slightly down from ¥518,494,431.19 in the previous period[23] - The total profit for the period was ¥573,388,758.70, slightly higher than ¥568,709,803.67 in the previous period[23] Cash Flow - The net cash flow from operating activities increased by 11.93% to CNY 896,758,642.41 compared to CNY 801,205,700.04 in the previous year[3] - The company achieved a net cash inflow from sales of goods and services of ¥3,035,253,155.59, compared to ¥2,652,661,562.89 in the previous period[27] - The net cash flow from operating activities for Q1 2022 was CNY 896,758,642.41, an increase of 11.9% compared to CNY 801,205,700.04 in Q1 2021[28] - The cash inflow from financing activities totaled CNY 8,332,576,107.68, compared to CNY 7,733,911,287.59 in Q1 2021, indicating a year-over-year increase of 7.8%[28] - The company experienced a net decrease in cash and cash equivalents of CNY 126,051,643.47 during the quarter[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 70,864,432,375.74, a 6.16% increase from CNY 66,751,956,212.30 at the end of the previous year[4] - The company's total liabilities amounted to CNY 55.97 billion, up from CNY 52.47 billion, indicating an increase of about 6.0%[19] - The total equity attributable to shareholders increased to CNY 10.87 billion from CNY 10.46 billion, reflecting a growth of about 4.0%[19] - The company reported a total of 12.86 billion in current assets, an increase from 11.94 billion, indicating a growth of approximately 7.7%[16] Investments - The company's R&D expenses increased by 153.00% year-on-year, indicating a significant investment in new projects[8] - The company's long-term equity investments increased by 37.57% due to additional investments in Changchun Green Hydrogen Technology Co., Ltd.[8] - The company's long-term equity investments rose to CNY 872.35 million from CNY 634.10 million, an increase of approximately 37.5%[16] - The company reported a 61.30% increase in cash paid for acquiring fixed assets, intangible assets, and other long-term assets, primarily due to investments in new energy projects[11] Cash Flow from Activities - The total cash outflow from investing activities was CNY 2,184,330,776.37, significantly higher than CNY 1,251,942,362.02 in the same period last year[28] - The net cash flow from investment activities decreased by 76.20% due to increased project investments[11] - The cash outflow for the acquisition of fixed assets and other long-term assets was CNY 1,968,758,296.37, up from CNY 1,220,540,186.24 in the previous year[28] - The cash inflow from investment activities was CNY 114.60, a significant decrease from CNY 12,287,727.69 in Q1 2021[28] Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 839.94 million from CNY 931.84 million, a decline of about 9.8%[16] - Accounts receivable rose to CNY 9.68 billion, up from CNY 8.35 billion, marking an increase of approximately 15.9%[16] - The company's inventory decreased significantly to CNY 173.57 million from CNY 411.18 million, a reduction of about 57.8%[16] - Long-term borrowings increased to CNY 29.43 billion from CNY 26.31 billion, representing a growth of approximately 8.0%[18] - The company reported interest expenses of ¥466,714,131.06, up from ¥379,857,369.50 in the previous period[23] Audit Information - The company did not conduct an audit for the Q1 2022 report[29]

Business Operations and Strategy - The company reported a significant change in its main business operations, focusing on thermal power, hydropower, and new energy development, with a shift in strategy to include energy consulting and coal wholesale[22]. - The company has undergone several changes in its main business since its listing, adapting to market demands and regulatory requirements[22]. - The company has expanded its renewable energy business across 30 provinces and regions in China, establishing a nationwide development pattern[40]. - The company is actively pursuing the development of hydrogen energy and energy storage technologies as part of its strategic expansion[40]. - The company is focusing on innovative project development models to maintain high-speed growth in new energy installed capacity[129]. - The company is focusing on new energy development and hydrogen energy industry strategies, as discussed in various investor meetings throughout 2021[141]. Financial Performance - The company's operating revenue for 2021 was ¥13,177,555,792.25, representing a year-over-year increase of 30.99% compared to ¥10,060,017,627.94 in 2020[28]. - The net profit attributable to shareholders for 2021 was ¥450,378,911.90, a decrease of 5.79% from ¥478,079,296.98 in 2020[28]. - The net profit after deducting non-recurring gains and losses was ¥360,527,498.14, which is an increase of 11.45% from ¥323,496,990.84 in 2020[28]. - The total assets at the end of 2021 were ¥66,751,956,212.30, reflecting a 19.01% increase from ¥56,090,328,496.14 at the end of 2020[28]. - The net assets attributable to shareholders increased by 33.90% to ¥10,456,350,031.92 from ¥7,808,792,439.17 in 2020[28]. - The basic earnings per share for 2021 were ¥0.17, down 22.73% from ¥0.22 in 2020[28]. - The diluted earnings per share also stood at ¥0.17, a decrease of 22.73% compared to ¥0.22 in the previous year[28]. - The weighted average return on equity was 4.65%, down from 6.31% in 2020, indicating a decline in profitability[28]. Investments and Acquisitions - The company completed the acquisition of Fuxin Zhengtai Solar Power Co., Ltd. for ¥4,991,500.00, holding a 100% stake[86]. - The acquisition of Changchun Zhetai Solar Power Co., Ltd. was completed for ¥681,218,809.62, with a 51% ownership stake[86]. - The company has ongoing investments in various renewable energy projects, including a 200MW solar project with an investment of 5,486,000.00[92]. - The company has a long-term strategy focused on expanding its renewable energy portfolio through acquisitions and self-built projects[89]. - The company is actively pursuing mergers and acquisitions to enhance its market position and expand its operational capabilities[172]. Risk Management and Governance - The company emphasizes the importance of risk management, detailing potential risks in its annual report[5]. - The company has established a comprehensive internal audit system to ensure compliance and effective execution of regulations, enhancing economic efficiency and risk management[151]. - The company emphasizes the importance of independent operations and governance structures, ensuring compliance with relevant laws and regulations[146]. - The company has maintained a transparent information disclosure policy, ensuring all shareholders have equal access to information[149]. - The company is committed to enhancing its internal control system and has conducted evaluations and reports on internal controls for the year 2020[184]. Employee and Management - The total number of employees at the end of the reporting period was 4,567, including 1,431 at the parent company and 3,136 at major subsidiaries[190]. - The company conducted 57 internal training sessions during the year, with over 3,120 participants, achieving a 100% safety training pass rate and full coverage of employee training[193]. - The company reported a significant management turnover, with multiple key positions changing hands on July 23, 2021, including the departure of the General Manager and Financial Director[161]. - The company is actively working on succession planning to ensure stability in leadership roles[161]. - The company has a diverse board with members holding advanced degrees and significant industry experience, including several independent directors[162]. Environmental and Social Responsibility - The company has a commitment to environmental and social responsibility, as outlined in its annual report[21]. - The company has maintained a focus on green and low-carbon development, aligning with national policies aimed at achieving carbon peak and carbon neutrality goals[40]. - The company has introduced a carbon neutrality fund to increase investment in renewable energy, reflecting a commitment to sustainability[157]. Market and Competitive Position - The company is facing electricity price risks due to the deepening reform of the electricity system, with a market mechanism established for coal-fired power generation[136]. - The company aims to secure 100% coverage of long-term coal contracts as per national requirements and optimize coal procurement strategies[136]. - The company has not faced significant competition issues within its industry, indicating a stable market position[153]. - The company ranked 270th in the Global Top 500 New Energy Enterprises in 2021, improving by 35 places from the previous year[40].

Financial Performance - The company's operating revenue for the third quarter reached ¥2,553,461,650.96, an increase of 18.85% year-on-year, while the total revenue for the year-to-date period was ¥8,856,889,368.67, up 31.14% compared to the same period last year[3]. - The net profit attributable to shareholders of the listed company was -¥26,867,925.66 for the quarter, a decrease of 21.80% year-on-year, and the year-to-date net profit was ¥676,744,185.57, an increase of 57.87%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥51,712,785.07 for the quarter, a significant increase of 193.56% year-on-year, while the year-to-date figure was ¥628,678,718.30, up 68.06%[3]. - Operating profit increased by ¥251,219,925.34, a change rate of 32.92%, mainly due to increased electricity generation from existing and new projects[16]. - Net profit attributable to the parent company increased by ¥248,082,574.64, a change rate of 57.87%, primarily driven by increased revenue from renewable energy projects[16]. - The total profit for the third quarter of 2021 was approximately CNY 1.08 billion, an increase of 33.8% compared to CNY 805.31 million in the same period last year[35]. - Net profit attributable to the parent company was CNY 676.74 million, up 57.9% from CNY 428.66 million year-on-year[35]. - Basic and diluted earnings per share were both CNY 0.2628, compared to CNY 0.1997 in the previous year, reflecting a 31.5% increase[36]. Assets and Liabilities - The company's total assets increased by 12.89% year-on-year, reaching ¥63,323,062,728.75, and the equity attributable to shareholders rose by 36.81% to ¥10,683,182,405.59[4]. - Current assets totaled ¥11,000,021,375.41, an increase of 21.5% from ¥9,046,620,402.67 year-on-year[28]. - Non-current assets increased to ¥52,323,041,353.34, up 11.5% from ¥47,043,708,093.47 in the previous year[28]. - Total liabilities were ¥49,039,344,266.45, an increase of 9.4% from ¥44,793,087,272.04 year-on-year[31]. - Shareholders' equity totaled ¥14,283,718,462.30, up 26.5% from ¥11,297,241,224.10 in the previous year[31]. - Long-term borrowings increased to ¥26,788,454,614.31, a rise of 18.4% from ¥22,624,578,748.14 year-on-year[31]. - The company's total liabilities increased to CNY 45,277,802,998.52, up by CNY 484,715,726.48 compared to the previous year[43]. - The company's total assets reached CNY 56,575,044,222.62, indicating a growth of CNY 484,715,726.48[43]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥2,679,791,511.96, reflecting a 58.30% increase compared to the same period last year[3]. - Cash flow from operating activities increased by ¥986,970,917.89, a change rate of 58.3%, mainly due to higher electricity generation[21]. - Cash received from tax refunds increased by ¥14,703,395.75, a change rate of 46.14%, due to increased electricity generation[17]. - Cash paid to employees increased by ¥210,997,082.76, a change rate of 65.27%, due to the expiration of social insurance and medical insurance relief policies[18]. - Cash flow from investment activities decreased by ¥146,026,299.29, a change rate of -80.42%, primarily due to the previous year's investment recovery[20]. - The company reported a significant increase in cash received from investment income, amounting to ¥25,076,989.18, a change rate of 763.53%[20]. - Cash flow from operating activities generated a net inflow of CNY 2.68 billion, a significant increase of 58.4% from CNY 1.69 billion in the same period last year[38]. - Cash inflow from sales of goods and services was CNY 7.13 billion, up 28.2% from CNY 5.56 billion year-on-year[37]. - Total cash outflow from operating activities was CNY 4.54 billion, slightly up from CNY 4.52 billion in the previous year[38]. - Investment activities resulted in a net cash outflow of approximately CNY 5.32 billion, an improvement from CNY 7.87 billion in the same period last year[38]. - Financing activities generated a net cash inflow of CNY 3.26 billion, down from CNY 5.82 billion year-on-year[38]. Management and Expenses - The company’s management expenses increased by 83.17% to ¥38,305,269.89, driven by expanded production scale and business scope[14]. - Research and development expenses for the period were ¥4,745,624.13, indicating ongoing investment in innovation[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 171,797[22]. Future Plans - The company plans to continue expanding its renewable energy projects to enhance profitability and market presence[19]. Other Information - The company has not undergone an audit for the third quarter report[45]. - The report indicates the first-time implementation of new leasing standards, affecting financial statement adjustments[44].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 6,303,427,717.71, representing a 36.87% increase compared to CNY 4,605,361,287.53 in the same period last year[29]. - The net profit attributable to shareholders of the listed company was CNY 703,612,111.23, up 51.96% from CNY 463,019,881.33 year-on-year[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 680,391,503.37, reflecting a 71.84% increase from CNY 395,940,002.44 in the previous year[29]. - The net cash flow from operating activities was CNY 1,665,586,169.55, which is a 42.39% increase compared to CNY 1,169,714,012.17 in the same period last year[29]. - The basic earnings per share increased to CNY 0.29, a rise of 31.82% from CNY 0.22 in the previous year[29]. - The total assets at the end of the reporting period were CNY 59,805,587,134.19, marking a 6.62% increase from CNY 56,090,328,496.14 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were CNY 10,710,050,331.25, which is a 37.15% increase from CNY 7,808,792,439.17 at the end of the previous year[29]. - The weighted average return on equity was 7.60%, an increase of 3.41% compared to 4.19% in the previous year[29]. Revenue and Costs - The company's operating revenue for the reporting period was CNY 6,303,427,717.71, an increase of 36.87% compared to CNY 4,605,361,287.53 in the previous year, primarily due to the addition of new energy projects and increased commissioned operation and maintenance revenue[49]. - The operating costs rose to CNY 4,475,545,037.73, reflecting a 38.25% increase from CNY 3,237,385,732.17, mainly driven by the costs associated with new energy projects and commissioned operation and maintenance[49]. - The revenue from the electricity sector was CNY 4,774,331,877.72, accounting for 76.00% of total operating revenue, with a year-on-year growth of 19.79%[56]. - The revenue from wind power products reached CNY 1,334,992,950.73, representing a 44.58% increase compared to the previous year[56]. - The company's gross profit margin for the electricity sector improved by 0.72% to 40.25% despite an 18.36% increase in operating costs[56]. Investments and Projects - The investment amount for the reporting period reached ¥2,925,620,834.52, a significant increase of 266.12% compared to ¥799,078,158.46 in the same period last year[66]. - The company plans to invest in the "Internet + Smart Energy" 300MW wind power project in Zhangbei County, which was approved in the first extraordinary shareholders' meeting[86]. - The company approved an investment of CNY 756.78 million for the 100MW wind energy storage project in Jilin Town, with a minimum capital contribution of 20%[162]. - The total investment for the 100MW agricultural-solar complementary photovoltaic project in Fuxin, Liaoning, is CNY 474.51 million, with a minimum capital contribution of 20%[162]. - The company plans to invest CNY 2.27 billion in the "Internet + Smart Energy" 300MW wind power demonstration project in Zhangbei County, with a minimum capital contribution of 20%[165]. Environmental and Regulatory Compliance - The company has established an environmental risk prevention mechanism to effectively manage potential environmental risks[82]. - The company has committed to complying with national environmental laws and regulations, ensuring stable operation of environmental facilities[82]. - The company reported a total pollutant discharge of 17.77 tons of smoke dust, 120.94 tons of sulfur dioxide, and 417.38 tons of nitrogen oxides from its Baicheng Power Plant, all within the emission standards[96]. - The company has implemented ultra-low emission retrofitting for thermal power units, ensuring all related enterprises meet environmental discharge standards[107]. - The company strictly adheres to national environmental protection regulations and has obtained discharge permits for all thermal power enterprises[102]. Shareholder and Corporate Governance - The company has not distributed cash dividends or bonus shares for the half-year period[91]. - The company has made commitments regarding stock management, ensuring no transfer or delegation of stock management for a period of 36 months from April 13, 2021, to April 12, 2024[113]. - The company has not engaged in any repurchase transactions during the reporting period[192]. - The company reported a total of 155,725 common shareholders at the end of the reporting period[183]. - The largest shareholder, State Power Investment Corporation Jilin Energy Investment Co., Ltd., holds 26.19% of the shares, totaling 730,872,327 shares[188]. Management and Organizational Changes - The company has experienced changes in its management team, including the appointment of a new general manager and several vice presidents[90]. - The company has established several new subsidiaries to enhance its strategic layout in the hydrogen energy and smart energy sectors[78]. - The company has engaged in non-controlling mergers to optimize its energy structure and improve profitability[78]. - The company has established multiple subsidiaries and joint ventures throughout 2021, focusing on expanding its energy solutions and technology[158]. - The actual controller of the company remained unchanged during the reporting period[194].

Company Overview - The company is listed on the Shenzhen Stock Exchange under the stock code 000875[14]. - The registered address of the company is located at 9699 Renmin Avenue, Changchun, Jilin Province, with a postal code of 130022[14]. - The company has a legal representative named Gao Ping[14]. - The company has designated several media outlets for information disclosure, including Securities Times and China Securities Journal[16]. - The annual report is available on the designated website of the China Securities Regulatory Commission[16]. - The company has a dedicated email for investor relations inquiries: jdgf@spic.com.cn[15]. - The company’s office address is the same as its registered address[14]. - The company has a secretary of the board named Zhao Min and a securities representative named Gao Xue[15]. Financial Performance - The financial report was confirmed to be true, accurate, and complete by the company's management[3]. - The company reported no cash dividends, stock bonuses, or capital reserve transfers for the year[5]. - The company's operating revenue for 2020 was CNY 10,060,017,627.94, representing a 17.64% increase from CNY 8,454,148,014.35 in 2019[24]. - The net profit attributable to shareholders for 2020 was CNY 478,079,296.98, a significant increase of 174.83% compared to CNY 147,650,375.29 in 2019[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 323,496,990.84, showing a remarkable improvement of 1,361.81% from a loss of CNY 25,637,434.69 in 2019[24]. - The net cash flow from operating activities for 2020 was CNY 3,336,523,370.49, up 24.02% from CNY 2,630,586,972.91 in 2019[24]. - Basic earnings per share for 2020 were CNY 0.22, reflecting a 175.00% increase from CNY 0.07 in 2019[24]. - Total assets at the end of 2020 amounted to CNY 56,090,328,496.14, a 31.08% increase from CNY 42,241,407,073.40 in 2019[24]. - The return on equity for 2020 was 6.31%, up from 2.01% in 2019[24]. Revenue Breakdown - The total operating revenue for 2020 was approximately CNY 10.06 billion, with a quarterly breakdown of CNY 2.49 billion in Q1, CNY 2.11 billion in Q2, CNY 2.15 billion in Q3, and CNY 3.31 billion in Q4[28]. - The electricity segment contributed ¥7,898,232,462.05, accounting for 78.51% of total revenue, with a year-on-year growth of 9.66%[52]. - The company's sales volume of electricity was 194.33 billion kWh in 2020, up 10.06% from 176.56 billion kWh in 2019[56]. - The total sales volume of heat energy was 3,260.95 million GJ, reflecting a year-on-year increase of 13.36%[57]. - The Northeast region generated ¥7,281,151,925.06 in revenue, representing 72.38% of total revenue, with a growth of 16.43%[52]. Investments and Acquisitions - The company completed acquisitions of several renewable energy firms, including Guangxi Wozhong Investment Co., with a total investment of approximately 4.91 million and a 100% ownership stake[87]. - The acquisition of Zhangbei Herun Energy Co. was finalized for 208.16 million, representing a 51% ownership stake[87]. - The company reported a total investment of 1,131.53 million in renewable energy projects during the reporting period[90]. - The company achieved a 100% ownership in multiple solar energy projects, including Hefei Kaiji New Energy Technology Co., with an investment of 24.60 million[90]. - The company acquired several subsidiaries, including DuLan DaXueShan Wind Power Co., Ltd. and Heqing New Energy Technology Co., Ltd., to enhance its renewable energy strategy[112]. Research and Development - Research and development expenses increased significantly by 1,841.40% to ¥18,930,459.81, reflecting the company's increased investment in new energy technology[69]. - The number of R&D personnel rose by 61.33% to 242, while R&D investment as a percentage of operating income decreased to 0.27% from 0.44%[72]. - The company completed key R&D projects, including advancements in industrial internet technology and smart power plant construction[71]. Environmental and Social Responsibility - The company actively developed photovoltaic poverty alleviation projects, distributing over 18 million CNY in poverty alleviation funds to registered impoverished households, significantly increasing their income[194]. - The company’s environmental protection measures include achieving emissions standards for all thermal power plants, with total emissions of 26.73 tons of smoke, 326.94 tons of sulfur dioxide, and 776.29 tons of nitrogen oxides, all within regulatory limits[199]. - The company is committed to expanding its clean energy projects, focusing on wind and solar energy, and enhancing the ultra-low emission transformation of thermal power units[192]. - The company has successfully completed poverty alleviation efforts in two villages, with significant increases in annual income for residents[194]. - The company adheres to national labor laws, ensuring comprehensive social security and medical insurance for its employees[192]. Challenges and Strategic Responses - The company faced challenges in electricity demand, particularly in North China and Central China, where supply is tight, while Northeast and Northwest regions have surplus[125]. - The coal supply in Jilin Province is under pressure, especially during the winter heating season, leading to price volatility[125]. - The company plans to optimize coal supply structure by using long-term contracts and supplementing with imported coal to ensure sufficient supply and cost efficiency[125]. - The company is adapting to the national policy changes regarding electricity pricing, transitioning to a market-driven pricing mechanism[125]. Corporate Governance and Compliance - The company has no significant related party transactions that exceed the approved transaction limits[167]. - The company confirmed that there are no integrity issues with its controlling shareholders or actual controllers during the reporting period[165]. - The company has engaged Zhongzheng Zhonghuan Accounting Firm for auditing services with a fee of ¥2.2 million, and the firm has been providing services for 2 consecutive years[160]. - The company has no stock incentive plans or employee shareholding plans in place during the reporting period[166]. - The company has committed to reducing related party transactions to avoid competition in the industry[140].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 3,509,973,908.43, representing a 40.81% increase compared to CNY 2,492,675,340.07 in the same period last year[7] - Net profit attributable to shareholders was CNY 425,590,985.66, up 61.55% from CNY 263,439,783.62 year-on-year[7] - The basic earnings per share increased to CNY 0.20, a 66.67% rise from CNY 0.12 in the previous year[7] - Total operating revenue increased by 1,017.30 million yuan, a growth of 40.81% mainly driven by new energy project revenues[20] - Net profit increased by 163.61 million yuan, a growth of 46.10% attributed to new energy project revenues[21] - Total profit increased by 166.64 million yuan, a growth of 41.45% mainly due to new energy project revenues[21] - Unallocated profits increased by 425.59 million yuan, a growth of 670.42% due to increased revenues from new energy projects[20] - Basic earnings per share for Q1 2021 were CNY 0.20, compared to CNY 0.12 in the same period last year, an increase of 66.7%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,990,899,527.27, reflecting a 3.39% increase from CNY 56,090,328,496.14 at the end of the previous year[7] - The company's total assets increased to CNY 28,517,407,348.52 from CNY 26,070,878,837.77, representing an increase of 9.4%[49] - The company's total liabilities decreased to CNY 43.98 billion from CNY 44.79 billion, a reduction of about 1.81%[44] - The total liabilities decreased slightly to CNY 19,260,556,622.66 from CNY 19,630,430,451.67, a reduction of 1.9%[49] - The company's equity increased to CNY 9,256,850,725.86 from CNY 6,440,448,386.10, reflecting a significant increase of 43.5%[49] - The company's inventory decreased to CNY 135.06 million from CNY 289.74 million, a decline of about 53.38%[40] - The company's current assets totaled CNY 10.15 billion as of March 31, 2021, compared to CNY 9.05 billion at the end of 2020, representing an increase of about 12.23%[40] Cash Flow - Cash flow from operating activities was CNY 801,205,700.04, showing a slight increase of 0.89% compared to CNY 794,169,257.18[7] - Cash inflow from operating activities increased by 1,004.06 million yuan, a growth of 59.80% mainly due to increased power generation revenue[23] - Cash outflow from operating activities increased by 997.02 million yuan, a growth of 112.67% primarily due to increased cash costs[23] - The total cash inflow from operating activities was ¥2,683,161,062.81, compared to ¥1,679,103,050.71 in the previous period, marking a growth of 59.83%[57] - Cash received from operating activities was ¥1,079,284,568.95, down from ¥2,290,520,135.68 in the previous period[60] Investment and Financing - The company reported a significant increase in non-current asset disposal gains of CNY 198,070.86, primarily due to the disposal of machinery and vehicles[8] - The company received government subsidies amounting to CNY 724,067.80, mainly from land use tax refunds and industrial support[8] - Investment income increased by 19.99 million yuan, a growth of 1,848,602.53% due to recognition of investment income from Guangxi Guodian Investment Overseas Energy Co., Ltd.[20] - The company reported investment income of CNY 19,993,033.70, a significant recovery from a loss of CNY 1,081.58 in the previous year[50] - The company raised ¥7,733,911,287.59 from financing activities, compared to ¥4,920,506,993.00 in the previous period, showing a growth of 56.00%[58] - The net cash flow from financing activities was ¥677,834,442.27, a turnaround from a negative cash flow of -¥300,870,494.48 in the previous period[58] Other Financial Metrics - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[35] - Research and development expenses for the quarter amounted to CNY 681,327.91, indicating ongoing investment in innovation[50] - The company reported a significant increase in short-term borrowings, which stood at CNY 9.30 billion, down from CNY 9.55 billion, a decrease of about 2.61%[43] - The company has implemented new leasing standards without retrospective adjustments[68] - The first quarter report was not audited[69]

吉林电力股份有限公司 2020 年第三季度报告全文 证券代码：000875 证券简称：吉电股份 公告编号：2020—077 吉林电力股份有限公司 2020 年第三季度报告 1 2020 年 10 月 吉林电力股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人高平、主管会计工作负责人余正春及会计机构负责人(会计主管 人员)郑林声明：保证季度报告中财务报表的真实、准确、完整。 2 吉林电力股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------|----------- ...

证券代码：000875 证券简称：吉电股份 公告编号：2020-067 吉林电力股份有限公司 关于参加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、完整，没 有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，吉林电力股份有限公司（以 下简称"公司"）将参加由吉林证监局、吉林省证券业协会、深圳市全 景网络有限公司共同举办的"提高公司质量 做受尊敬的上市公司 --2020 年吉林辖区上市公司投资者网上集体接待日"活动，现将有关 事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登陆 " 全 景 • 路演天下 " 网 站 （http://rs.p5w.net）参与公司本次投资者集体接待日活动，时间为 2020 年 8 月 21 日（周五）15:30 至 17:00。 届时公司董事长才延福、总经理高平、董事会秘书赵民将通过网 络在线问答互动的形式，与投资者就公司治理、发展经营情况、融资 情况和可持续发展等投资者关注的问题进行交流。期间，公司高管将 全程在线，实时回答投资者的提问。 欢迎广大投资者积极参与。 特此公告。 吉 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 4,605,361,287.53, representing an increase of 11.87% compared to the same period last year[24]. - The net profit attributable to shareholders was CNY 463,019,881.33, a significant increase of 105.35% year-on-year[24]. - The net profit after deducting non-recurring gains and losses was CNY 395,940,002.44, up 64.20% from the previous year[24]. - The net cash flow from operating activities reached CNY 1,169,714,012.17, reflecting a growth of 39.51% compared to the same period last year[24]. - Basic and diluted earnings per share both stood at CNY 0.22, doubling from CNY 0.1 in the same period last year[24]. - Operating revenue reached CNY 4.605 billion, an increase of CNY 489 million or 11.87% compared to the previous year, while net profit rose to CNY 641 million, an increase of CNY 267 million or 71.80%[47]. - Cash flow from operating activities increased by 39.51% to CNY 1.170 billion, primarily due to increased profits during the reporting period[47]. Assets and Investments - The total assets of the company at the end of the reporting period were CNY 48,030,096,425.27, an increase of 12.24% from the end of the previous year[24]. - The net assets attributable to shareholders amounted to CNY 7,802,151,883.48, which is a 3.10% increase compared to the previous year[24]. - Fixed assets increased by 8.81% to CNY 3,259,630,000 due to the impact of construction projects and acquisitions during the reporting period[39]. - The company’s long-term equity investments rose significantly by 805.11% to CNY 196,880,000, reflecting the impact of equity method accounting for new investments[36]. - The company made investments totaling 799,078,158.46 yuan during the reporting period, a decrease of 9.93% compared to the previous year[64]. - The company acquired equity stakes in several subsidiaries, including 100% in Yushe Huaguang Power Co., Ltd. for 83,500,000 yuan and 51% in Zhangbei Herun Energy Co., Ltd. for 20,000,000 yuan[66]. Renewable Energy and Environmental Initiatives - The company’s renewable energy capacity now accounts for 56% of total installed capacity, marking a steady growth in the renewable energy sector[40]. - The company achieved a total electricity generation of 10.212 billion kWh in the first half of 2020, an increase of 18.84% year-on-year, with renewable energy generation contributing 3.658 billion kWh, up 13.67%[45]. - The company expanded its renewable energy projects, contributing positively to performance, with an additional 820,700 kW of renewable energy projects added during the period[45]. - The company is actively expanding its clean energy market presence and developing new energy technologies, including hydrogen and energy storage[40]. - The company has implemented ultra-low emission modifications across its thermal power plants, ensuring all facilities meet environmental discharge standards as of June 30, 2020[160]. - The company has established a comprehensive environmental impact assessment process for its construction projects, ensuring compliance with relevant laws and regulations[160]. Risks and Challenges - The company has acknowledged potential risks and has outlined measures to address them in the report[7]. - The company anticipates challenges due to market risks, including slow economic growth affecting power generation hours, and plans to enhance market analysis and expand direct supply to large users[82]. - Fuel supply risks are acknowledged, particularly during winter, with strategies to optimize coal sourcing and increase imports to ensure supply stability[82]. - The company is adapting to the market-driven pricing mechanism for coal power, aiming to reduce costs and improve competitiveness[84]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[8]. - The company held its annual shareholder meeting with a participation rate of 27.49% on April 17, 2020, and a temporary meeting with 32.90% participation on June 23, 2020[88]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, including a commitment made by Jilin Energy Investment to not transfer shares for 36 months from the listing date of newly issued shares[89]. - The company emphasizes the importance of fair pricing in related party transactions to protect the interests of non-related shareholders[103]. - The company has not reported any cash dividend distribution or share capital increase from capital reserves for the current reporting period[89]. Legal and Compliance - The company has a total of 24,472.24 thousand yuan involved in litigation cases as of June 30, 2020, with 5 cases concluded in the current year[111]. - There are currently 9 ongoing litigation cases, including 4 new cases and 5 from previous years[114]. - The company has maintained compliance with court judgments and has no significant debts due that remain unpaid[117]. - The company has not reported any significant penalties or rectification situations during the period[116]. Social Responsibility and Community Engagement - The company actively develops photovoltaic poverty alleviation projects, distributing investment returns to impoverished households as per agreements, with payments scheduled for the end of 2020[165]. - The company has successfully helped two villages, Naniha and Dongxing, achieve poverty alleviation goals through local industry support and technical training, completing their poverty alleviation targets[165]. - The company has not reported any other significant environmental information or social responsibility initiatives beyond its poverty alleviation efforts[163].