Financial Performance - The company's operating revenue for the first half of 2023 was ¥627,184,686.07, a decrease of 57.81% compared to ¥1,486,603,260.85 in the same period last year[20]. - The net profit attributable to shareholders was ¥31,964,270.70, down 89.87% from ¥315,675,006.57 year-on-year[20]. - Basic and diluted earnings per share fell to ¥0.0748, a decline of 89.87% compared to ¥0.7383 in the same period last year[20]. - The total comprehensive income for the first half of 2023 was CNY 64,287,223.26, down 88.8% from CNY 572,460,624.16 in the first half of 2022[125]. - The net profit for the first half of 2023 was CNY 63,558,241.65, down 88.9% from CNY 571,840,969.15 in the first half of 2022[124]. - The total revenue for the first half of 2023 was reported at 9.57 million, reflecting a year-on-year increase of 4.58%[147]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 39.37% to ¥768,245,375.41 from ¥1,267,008,939.23 in the previous year[20]. - The total cash and cash equivalents at the end of the first half of 2023 were CNY 236,448,043.67, down from CNY 818,026,491.52 at the end of the first half of 2022[130]. - Cash flow from financing activities for the first half of 2023 was CNY -655,396,244.98, worsening from CNY -385,223,151.05 in the same period of 2022[130]. - The net increase in cash and cash equivalents for the period was CNY 441,399.79, compared to CNY 16,668,561.85 in the previous period, reflecting a decrease in liquidity growth[136]. Assets and Liabilities - Total assets at the end of the reporting period were ¥16,345,372,507.73, representing a decrease of 2.57% from ¥16,760,756,976.72 at the end of the previous year[20]. - Total liabilities were CNY 10,092,542,598.99, down from CNY 10,361,287,799.62, showing a reduction of about 2.59%[118]. - Long-term borrowings rose to CNY 7,553,160,378, making up 46.21% of total liabilities, an increase of 1.75% from the previous year[38]. Investment and Capital Expenditure - The company reported a significant decrease in investment amounting to CNY 59,082,024.78, down 81.25% compared to CNY 285,812,471.62 in the same period last year[42]. - The company has ongoing construction projects with capitalized costs of CNY 461,979,548.12, an increase from CNY 405,044,742.51, representing a growth of approximately 14.06%[117]. Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The company has not distributed cash dividends or bonus shares for the first half of 2023, nor has it increased capital through capital reserves[59]. Risk Management - The management has highlighted various risks and corresponding measures in the report, urging investors to be cautious[3]. - The company faces risks from fluctuations in water inflow, which can lead to annual variations in hydropower generation due to uncontrollable rainfall patterns[53]. - The company is exposed to risks from declining electricity prices due to policy adjustments and market changes, prompting a need for ongoing market analysis and strategy adjustments[54]. Subsidiary Performance - The subsidiary Beipanjiang Company achieved a revenue of CNY 523,205,862.93 and a net profit of CNY 90,179,671.67 during the reporting period[50]. - Xiyuan Company reported a revenue of CNY 36,720,926.95, with a net loss of CNY 9,307,953.29 in the first half of 2023[51]. - The company’s new energy subsidiary achieved a revenue of CNY 3,071,192.37 and a net profit of CNY 2,592,310.60[52]. Environmental and Regulatory Compliance - The company emphasizes its commitment to environmental protection and sustainable development, aiming to minimize pollutant emissions while ensuring reliable power supply[63]. - The company has not faced any administrative penalties for environmental issues during the reporting period[63]. - The company faced a minor administrative penalty of 500 yuan due to a water supply permit issue, which has been rectified[76]. Accounting Policies and Financial Reporting - The company has undergone a change in accounting policy, which has affected the financial data presented[20]. - The financial report for the first half of 2023 has not been audited[114]. - The company adheres to the latest accounting standards issued by the Ministry of Finance, ensuring accurate financial disclosures[158]. Future Outlook and Strategic Plans - The company plans to enhance its photovoltaic capacity with 16.45 million kW under construction and 20 million kW approved projects[29]. - Future guidance indicates a cautious optimism regarding revenue growth, with expectations of improved performance in the upcoming quarters[136]. - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[139].

证券代码： 002039 证券简称：黔源电力 贵州黔源电力股份有限公司投资者关系活动记录表 | 投资者关系活动 | □特定对象调研 分析师会议 □ | | --- | --- | | 类别 | 业绩说明会 □ 媒体采访 √ | | | □ 新闻发布会 □ 路演活动 | | | □ 现场参观 | | | □ 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 年 月 日 (周三) 下午 2023 5 17 15:30~17:30 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长罗涛 | | 员姓名 | 2、总经理吴元东 | | | 3、财务负责人史志卫 | | | 4、董秘王博 | | 投资者关系活动 | 投资者提出的问题及公司回复情况 | | | 公司就投资者在本次说明会中提出的问题进行了回复。 | | | 1、总经理我想问一下，今年一季度电费收入中是否剔除了 | | | 西电东送所谓的配电费用 0.0276 分。 ...

证券代码：002039 证券简称：黔源电力 公告编号：2023-016 贵州黔源电力股份有限公司 关于参加"2022 年度贵州辖区上市公司业绩说明会暨投资者集体接 待日活动"的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 为加强上市公司与投资者的交流互动，便于投资者进一步了解公司 2022 年 度经营情况及其他关切问题，在贵州证监局指导下，贵州证券业协会联合深圳市 全景网络有限公司举办 2022 年度贵州辖区上市公司业绩说明会暨投资者集体接 待日活动。具体安排如下： 一、业绩说明会的安排 召开时间：2023 年 5 月 17 日 15:30-17:30 召开方式：网络远程方式。 出席本次活动人员有：公司董事长罗涛先生，公司总经理吴元东先生，公司 财务负责人兼总法律顾问史志卫先生，公司董事会秘书王博先生。 参与方式：投资者可登录 http://rs.p5w.net 进入专区页面参与交流。 二、投资者问题提前征集 为广泛听取投资者的意见和建议、提升交流效率及针对性，本次业绩说明会 公司将提前向广大投资者开展问题征集，提问通道自本公告发出之日起开放至 202 ...

证券代码：002039 证券简称：黔源电力 公告编号：2023-016 贵州黔源电力股份有限公司 关于参加"2022 年度贵州辖区上市公司业绩说明会暨投资者集体接 特此公告。 一、业绩说明会的安排 召开时间：2023 年 5 月 17 日 15:30-17:30 召开方式：网络远程方式。 出席本次活动人员有：公司董事长罗涛先生，公司总经理吴元东先生，公司 财务负责人兼总法律顾问史志卫先生，公司董事会秘书王博先生。 参与方式：投资者可登录 http://rs.p5w.net 进入专区页面参与交流。 二、投资者问题提前征集 为广泛听取投资者的意见和建议、提升交流效率及针对性，本次业绩说明会 公司将提前向广大投资者开展问题征集，提问通道自本公告发出之日起开放至 2023 年 5 月 15 日截止，请通过微信关注"贵州资本市场"公众号，发送关键词 "提问"即可进入专区提问。公司将在本次说明会上对投资者普遍关注的问题进 行回答。 待日活动"的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 为加强上市公司与投资者的交流互动，便于投资者进一步了解公司 2022 年 度 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥219,611,699.28, a decrease of 60.68% compared to ¥558,560,777.80 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥15,516,124.28, representing a decline of 117.70% from a profit of ¥87,654,187.13 in the previous year[5] - Net profit for Q1 2023 was a loss of ¥23,784,514.65, compared to a profit of ¥168,445,417.50 in Q1 2022, representing a significant decline[16] - Operating profit for Q1 2023 was a loss of ¥24,378,357.27, compared to a profit of ¥198,824,595.08 in the previous year[15] - Basic and diluted earnings per share for Q1 2023 were both -¥0.0363, a decrease of 117.71% from ¥0.2870 in the same period last year[5] Cash Flow and Liquidity - The cash flow from operating activities increased by 9.50% to ¥436,188,659.31 from ¥398,344,740.57 year-on-year[5] - Cash and cash equivalents at the end of Q1 2023 totaled ¥539,898,876.52, down 54.2% from ¥1,178,357,457.32 at the end of Q1 2022[20] - The company reported a 94.80% decrease in cash received from borrowings, totaling ¥64,029,059.56 compared to ¥1,230,375,000.00 in the previous year[8] - The company’s total cash inflow from financing activities in Q1 2023 was ¥64,029,059.56, a significant decrease from ¥1,269,335,000.00 in Q1 2022[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,732,308,971.68, a slight decrease of 0.26% from ¥16,760,756,976.72 at the end of the previous year[5] - The company's current assets increased to CNY 900,648,024.83 from CNY 881,294,846.33, reflecting a growth of approximately 3.9%[12] - The total liabilities decreased to CNY 10,332,775,738.73 from CNY 10,361,287,799.62, showing a reduction of approximately 0.3%[13] - The total equity attributable to the owners of the parent company was CNY 3,664,355,530.50, down from CNY 3,675,450,065.84, a decrease of approximately 0.2%[13] Operational Metrics - The company reported a significant decrease in electricity generation, with total output from various power stations, including 1,624.75 million kWh from Puding Hydropower Station and 6,374.73 million kWh from Gangping Photovoltaic Station[8] - The company experienced a 49.75% increase in accounts receivable, totaling ¥69,367,358.13 due to increased settlement electricity volume[8] - The accounts receivable rose to CNY 69,367,358.13, up from CNY 46,320,865.96, indicating a significant increase of about 49.7%[12] - The inventory level increased to CNY 559,326.09 from CNY 159,342.06, marking a rise of about 251.5%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,115, with the largest shareholder being China Huadian Group, holding 15.89% of the shares[9] Financial Expenses - The company reported a decrease in financial expenses to ¥79,410,080.43 in Q1 2023 from ¥102,705,627.18 in the same period last year[15] - The company incurred a credit impairment loss of ¥2,568,956.51 in Q1 2023, an improvement from ¥5,797,424.21 in Q1 2022[15]

证券代码：002039 证券简称：黔源电力 贵州黔源电力股份有限公司 | 8.几个水电站，一年需要 2.1 亿的职工薪酬吗？主要花费在技术人员上 | | --- | | 还是基础员工上？ | | 答：谢谢提问，公司目前经营范围包括水电和光伏，公司薪酬分配主 | | 要根据公司发展经营实际、生产管理岗位职责、年度绩效完成等因素 | | 进行分配。 | | 9.公司在去年四季度以 0.36 计算光伏收入，那么以前近两年以度电约 | | 0.42 计算，是公司不知道违规可能造成损失，还是刻意隐瞒？当时上 | | 马没考虑到这个风险吗？谁应该为此负责？ | | 答：请参看前面的回复，谢谢。 | | 10.公司调减光伏电价，是职能部门有明文确定，还是公司财务的自主 | | 行为？22 年四季度前以度电约 0.42 计算光伏收入，是否违反所谓的谨 | | 慎性原则？ | | 答：2022 年，国家有关部门开展了全国性的新能源补贴核查工作，公 | | 司 75 万三个光伏项目均接受了核查，截至目前，最终结果尚未确定， | | 公司根据核查情况并按照谨慎性原则进行会计处理，谢谢。 | | 11.公司发电量中有多少是参与黔电送 ...

Financial Performance - The company's operating revenue for 2022 was CNY 2,613,116,603.70, representing a 26.14% increase compared to CNY 2,036,096,381.52 in 2021[19] - The net profit attributable to shareholders for 2022 was CNY 414,246,133.65, a 65.02% increase from CNY 234,479,112.73 in 2021[19] - The net cash flow from operating activities reached CNY 1,945,919,440.57, up 49.03% from CNY 1,305,753,010.71 in the previous year[19] - Basic earnings per share for 2022 were CNY 0.9689, a 65.03% increase from CNY 0.7678 in 2021[19] - Total operating revenue for the year was CNY 2,613,116,603.70, with a quarterly breakdown of CNY 558.56 million in Q1, CNY 928.04 million in Q2, CNY 937.45 million in Q3, and CNY 189.07 million in Q4[23] - Net profit attributable to shareholders for the year was CNY 413,245,133.65, with quarterly figures of CNY 87.65 million in Q1, CNY 228.02 million in Q2, CNY 238.67 million in Q3, and a loss of CNY 140.10 million in Q4[23] - Operating cash inflow for 2022 was CNY 3,068,105,192.51, an increase of 42.78% compared to CNY 2,148,778,379.12 in 2021[48] Assets and Liabilities - Total assets at the end of 2022 were CNY 16,760,756,976.72, a decrease of 1.41% from CNY 16,967,759,750.16 at the end of 2021[19] - The net assets attributable to shareholders increased by 10.70% to CNY 3,675,892,024.31 from CNY 3,303,956,819.47 in 2021[19] - The total profit for the year reached CNY 892 million, with a debt-to-asset ratio of 61.72%[38] - The company’s long-term borrowings decreased by 2.62% to CNY 7,451,659,935.62 from CNY 8,003,060,868.49 at the beginning of the year[50] Cash Flow and Investments - The company reported a net cash flow from financing activities of -CNY 1,285,795,367.25, which is an increase of 89.78% compared to -CNY 677,536,015.16 in 2021[49] - Total investment activities cash outflow was CNY 673,045,386.87, a 21.46% increase from CNY 554,115,443.40 in 2021[48] - The company invested CNY 533,730,134.87 during the reporting period, a decrease of 16.30% from CNY 637,697,291.28 in the previous year[54] Operational Highlights - Total installed capacity reached 3,995,600 kW, with 3,233,500 kW from hydropower and 762,100 kW from photovoltaic power[32] - Power generation for the year was 9,581,000,000 kWh, representing a 22.04% increase year-over-year, with hydropower generation at 8,847,000,000 kWh (up 19.09%) and photovoltaic generation at 734,000,000 kWh (up 73.93%)[32] - The average on-grid electricity price increased to CNY 0.3092 per kWh from CNY 0.2979 per kWh year-over-year[34] - The company reported a decrease in the average utilization hours of power plants to 2,401.56 hours from 1,945.51 hours year-over-year[34] Future Plans and Goals - The company plans to distribute a cash dividend of CNY 3 per 10 shares, totaling CNY 128,267,438.78 based on 427,558,126 shares[3] - The company plans to expand its installed capacity with 18.79 million kW under construction and 20 million kW approved for future projects[33] - The company aims to achieve zero accidents in safety and zero incidents in environmental protection in 2023[67] - The company has set a performance guidance for 2023, aiming for a revenue growth of 10% and a net profit increase of 15%[80] Governance and Compliance - The company maintains an independent governance structure, ensuring no overlap in management roles with the controlling shareholder[75] - The company adheres to legal and regulatory requirements in its governance practices, ensuring transparency and accountability[74] - The company has established a complete control over its assets, ensuring no misuse by major shareholders[76] - The company has committed to enhancing corporate governance and operational standards in response to changing internal and external environments[119] Employee and Management - The total number of employees at the end of the reporting period was 775, with 238 in the parent company and 537 in major subsidiaries[106] - The company implemented a performance evaluation system that combines annual and monthly indicators, promoting a dual contract framework for employees[107] - The company has a strong management team with extensive experience in the energy sector, enhancing operational efficiency[90] - The company has allocated 200 million CNY for research and development in renewable energy technologies over the next three years[80] Environmental and Social Responsibility - The company donated 2.94 million yuan for rural revitalization through various support measures in 2022[121] - The company emphasizes its mission of providing clean energy and contributing to social welfare while ensuring reliable power supply[120] - The company is committed to a "green, clean, and multi-energy integration" zero-carbon development path, focusing on optimizing its clean energy structure[67] Audit and Financial Reporting - The audit report confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2022, and its operational results for the year[195] - The audit was conducted in accordance with Chinese CPA auditing standards, ensuring the independence and ethical compliance of the auditors[192] - The audit identified no significant misstatements in the other information included in the annual report[198]

Group 1: Company Overview - Guizhou Qianyuan Power Co., Ltd. is primarily a hydropower company with no current plans for developing wind power or other renewable energy sources [2]. - The company’s main assets are depreciated using different methods: direct correlation with power generation uses the workload method, while unrelated fixed assets use the average lifespan method [4]. Group 2: Water Levels and Hydropower Development - The current water level at the Guizhou hydropower station is 743m, compared to 729m during the same period last year [4]. - The development of hydropower projects in Guizhou Province is nearly complete, indicating a high level of resource utilization [4]. Group 3: Water Inflow and Weather Impact - In 2014, the inflow of water in the company's river basins was ahead of schedule, with significant rainfall during the main flood season. In September, inflow was approximately 80% higher than the average due to Typhoon "Haigui" [5]. - The Dongqing area experienced a 40% increase in water inflow, while the Sancha River basin saw a 60% increase [5]. Group 4: Regulatory Environment - There are currently no policies in Guizhou Province regarding "water and fire pricing," but the company is actively advocating for favorable electricity pricing policies [4]. - The Ma Ma Ya power station's first unit is planned to be operational within the year, with the grid price subject to approval from relevant national authorities [4].