一、主要会计数据和财务指标 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 26785.93万股，累计占流通股比： 44.44%，较上期变化： -54.42万股。 | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 香港南海洋行(国际)有限公司 | 9212.32 | 15.28 | 不变 | | 深圳广聚实业有限公司 | 7366.68 | 12.22 | 不变 | | 深圳市能源集团有限公司 | 6510.61 | 10.80 | 不变 | | 曾颖 | 715.96 | 1.19 | 不变 | | GUOTAI JUNAN SECURITIES (HONG KONG) LIMITED | 632.68 | 1.05 | -26.61 | | 李宝琴 | 567.02 | 0.94 | -16.56 | | 招商证券(香港)有限公司 | 543.82 | 0.90 | 不变 | | BOCI SECURITIES LIMITED | 431.06 ...

深圳南山热电股份有限公司 2024 年半年度报告全文 证券代码：000037、200037 证券简称：深南电 A、深南电 B 公告编号：2024-049 深圳南山热电股份有限公司 2024 年半年度报告 2024 年 8 月 23 日 1 深圳南山热电股份有限公司 2024 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人孔国梁、主管会计工作负责人陈玉辉、财务总监张小银及会 计机构负责人(会计主管人员)林晓佳声明：保证本半年度报告中财务报告的 真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 本半年度报告中如有涉及未来计划等前瞻性陈述，不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 本半年度报告分别以中、英文编制，在对两种文本的理解上发生歧义时， 以中文文本为准。请投资者认真阅读本半年度报告全文。 2 深圳南山热电股份有限公司 2024 年半年度报告全文 目录 | ...

Financial Performance - The company reported a plan not to distribute cash dividends or bonus shares for the year[4]. - The company's operating revenue for 2023 was ¥589,780,190.71, a decrease of 15.05% compared to ¥694,227,657.28 in 2022[26]. - The net profit attributable to shareholders for 2023 was ¥4,158,797.10, a significant turnaround from a loss of ¥160,163,240.67 in 2022, representing a 102.60% increase[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥70,789,007.91, an improvement of 68.67% from -¥225,967,573.71 in 2022[26]. - The company's total assets at the end of 2023 were ¥2,049,365,388.69, down 21.37% from ¥2,606,216,345.99 at the end of 2022[26]. - The basic earnings per share for 2023 were ¥0.0069, compared to a loss of ¥0.2657 in 2022, marking a 102.60% increase[26]. - The cash flow from operating activities for 2023 was -¥100,371,976.92, a decline of 148.45% from ¥207,168,402.26 in 2022[26]. - The company reported a quarterly revenue of ¥182,838,205.80 in Q3 2023, with a net profit of ¥8,482,149.79 attributable to shareholders[30]. - The total sales volume of electricity was 6.54 billion kWh, a decline of 23.78% from 8.58 billion kWh in 2022[59]. - The company's operating costs amounted to CNY 581.44 million, with a gross margin of 1.41%, down from 17.32% in the previous year[58]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2023, representing a year-over-year increase of 15%[129]. Assets and Liabilities - The company’s total assets at the end of 2023 were ¥2,049,365,388.69, down 21.37% from ¥2,606,216,345.99 at the end of 2022[26]. - The company reported a total of CNY 2.1 billion in entrusted financial management funds, with no overdue amounts[193]. - The company has no outstanding entrusted loans during the reporting period[193]. - The total number of shares is 602,762,596, with 99.9978% being freely tradable shares[199]. Operational Changes and Strategies - The company has established a professional power marketing team to explore electricity trading strategies, laying a solid foundation for participation in the new electricity market[47]. - The company has made significant progress in the transformation towards the new energy industry and energy storage sector, actively participating in the establishment of a new energy storage industry equity fund[52]. - The company is focusing on new project investments in renewable energy, energy storage, and high-end power equipment to support sustainable development[97]. - The company plans to enhance its financial management and budget performance to support its transformation and development needs[99]. - The company is actively pursuing land acquisition projects to enhance its operational capabilities and support its strategic transformation[89]. Research and Development - The company completed the application for 7 utility model patents and 1 invention patent during the reporting period, with a total of 44 authorized patents, enhancing its brand image and industry competitiveness[48]. - R&D investment amounted to ¥26,839,912.74 in 2023, a 4.65% increase from ¥25,647,534.39 in 2022, representing 4.55% of operating revenue[69]. - Key R&D projects include the upgrade of the CO2 fire protection system and the development of a gas turbine intelligent fire protection device, both aimed at enhancing operational safety[68]. - The number of R&D personnel increased by 22.54% from 71 in 2022 to 87 in 2023, with the proportion of R&D personnel rising from 18.59% to 30.63%[69]. Governance and Compliance - The company emphasizes compliance with information disclosure regulations and has not experienced any insider information leaks during the reporting period[113]. - The company has established a compliance management system and revised its financial management regulations to enhance operational efficiency[146]. - The company has independent rights to purchase and dispose of assets within the authorized scope of the board of directors[114]. - The company has a complete and independent management framework that adheres to modern enterprise management standards[115]. Environmental and Social Responsibility - The company strictly adheres to national environmental protection laws and regulations, with all pollutant emissions meeting national standards[164]. - The company has implemented a low nitrogen combustion system in its power generation units to control nitrogen oxide emissions[164]. - The company actively participated in poverty alleviation efforts, contributing a total of 142,200 yuan under the Shenzhen consumption poverty alleviation policy[166]. - The company maintained a focus on environmental protection, ensuring compliance with national and local regulations, and achieved pollution discharge standards without any environmental pollution incidents[166]. Management and Human Resources - The company has a strong management team with diverse backgrounds in finance and engineering, enhancing its operational capabilities[121][122][123][124][125][126]. - The company has established a comprehensive training system to enhance employee skills and ensure sustainable development[153]. - The employee composition includes 71 production staff, 7 sales personnel, 45 technical staff, 14 financial staff, and 147 administrative staff[150]. - The company emphasizes a performance-linked salary incentive mechanism to control salary costs effectively[152]. Future Outlook - In 2024, the company anticipates a 6% increase in total electricity consumption to 9.8 trillion kWh compared to 2023[94]. - The company is focusing on enhancing the management of existing assets and exploring diversified business models to transition from a traditional power generation company to a comprehensive energy service provider[102]. - The company provided a future outlook with a revenue guidance of 1.5 billion RMB for the next fiscal year, indicating a growth target of 25%[129].

Financial Performance - The company's operating revenue for Q3 2023 was ¥182,838,205.80, a decrease of 38.40% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥8,482,149.79, representing a significant increase of 117.50% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,109,131.54, up 103.21% from the previous year[5]. - Total operating revenue for Q3 2023 was CNY 454,106,390.85, a decrease of 13.7% compared to CNY 526,047,208.84 in the same period last year[18]. - Net loss attributable to shareholders of the parent company was CNY 28,758,589.77, an improvement from a loss of CNY 142,579,668.91 in the previous year[20]. - The company reported a net profit margin of -8.3% for Q3 2023, compared to -30.0% in the same quarter last year[20]. - The total comprehensive loss for Q3 2023 was CNY 36,917,756.09, compared to a loss of CNY 160,602,049.03 in the same quarter last year[20]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥119,379,688.05, a decrease of 154.52% compared to the same period last year[10]. - Cash flow from operating activities was CNY 493,260,030.74, slightly down from CNY 511,824,244.17 in the previous year[21]. - The net cash flow from operating activities for Q3 2023 was -119,379,688.05, compared to 218,956,576.20 in Q3 2022, indicating a significant decline[22]. - Total cash inflow from investment activities was 360,496,011.88, while cash outflow was 113,514,289.85, resulting in a net cash flow of 246,981,722.03, a recovery from -316,382,476.95 in the previous year[22]. - Cash inflow from financing activities was 356,534,361.13, with cash outflow totaling 861,290,853.20, leading to a net cash flow of -504,756,492.07, compared to a positive 112,444,619.76 in Q3 2022[22]. - The total cash and cash equivalents at the end of Q3 2023 were 271,005,316.92, down from 705,261,965.03 at the end of Q3 2022[23]. - Total cash outflow from operating activities was 657,294,115.52, slightly lower than 670,062,068.45 in the same period last year[22]. - The company reported a decrease in cash paid to employees, totaling 82,601,196.17, compared to 95,805,295.46 in Q3 2022[22]. - The cash received from investment income was 29,934,911.51, down from 42,360,748.95 in the previous year[22]. - The company did not report any cash inflow from new investments during the quarter[22]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,974,359,583.85, down 24.24% from the end of the previous year[5]. - Total current assets as of September 30, 2023, amount to 981,051,300.31 CNY, a decrease from 1,588,850,770.21 CNY at the beginning of the year[16]. - The company’s total equity stood at CNY 1,356,401,606.37, down from CNY 1,392,819,054.58 in the previous year[19]. - The company’s total liabilities decreased significantly, with short-term borrowings down by 64.54%[9]. - Total liabilities decreased to CNY 617,957,977.48 from CNY 1,213,397,291.41 year-on-year, indicating a significant reduction in financial obligations[19]. - The total liabilities include accounts payable of 9,567,795.60 CNY, up from 5,227,836.22 CNY[16]. - Short-term borrowings decreased significantly to 312,042,732.52 CNY from 879,957,857.44 CNY[16]. Operational Efficiency - The gross profit margin for the company improved due to a 29.72% reduction in operating costs, primarily from decreased natural gas consumption[10]. - The company reported a 33.87% increase in other income, mainly from government subsidies related to revenue[10]. - The company’s financial expenses decreased by 81.70% due to optimized financing structure and reduced financing scale[10]. - Total operating costs for Q3 2023 were CNY 527,768,982.12, down 29.2% from CNY 743,588,397.18 year-on-year[19]. - Research and development expenses for Q3 2023 were CNY 20,411,445.96, a decrease of 8.1% from CNY 22,220,034.84 in the same period last year[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 55,028[12]. - The largest shareholder, Hong Kong Nanhai Ocean Industry Co., Ltd., holds 15.28% of shares, totaling 92,123,248 shares[12]. Market Strategy - The company is focusing on expanding its market presence through new technology projects, including information technology and smart photovoltaic projects[9]. - The company is focused on maintaining a strong financial position while exploring market expansion opportunities[14]. Audit Status - The report indicates that the third-quarter financial statements were not audited[24].

一、董事会会议召开情况 深圳南山热电股份有限公司（以下简称"公司"）第九届董事会第六 次会议于 2023 年 8 月 23 日上午在深圳市南山区华侨城汉唐大厦 17 楼公 司会议室召开，会议通知及文件已于 2023 年 8 月 11 日以书面和邮件方式 送达全体董事、监事。会议由孔国梁董事长主持，应出席董事 9 人，实际 出席董事 9 人（其中孙慧荣董事因工作原因未能亲自出席，委托黄庆董事 出席并行使表决权），公司相关监事及高级管理人员列席了会议。出席会 议的人数及会议的召集、召开程序符合《中华人民共和国公司法》和《深 圳南山热电股份有限公司章程》的有关规定。 二、董事会会议审议情况 证券代码：000037、200037； 证券简称：深南电 A、深南电 B； 公告编号：2023-028 深圳南山热电股份有限公司 第九届董事会第六次会议决议公告 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。 （一）审议通过了《2023 年半年度报告》全文及摘要 同意在指定的信息披露报刊及网站上披露《2023 年半年度报告》全 文及摘要，详见同日在《证券时报》和巨潮资讯网上披露的 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥111,067,616.64, representing a 47.91% increase compared to ¥75,090,604.86 in the same period last year[5]. - The net profit attributable to shareholders was -¥31,147,959.30, an improvement of 19.79% from -¥38,834,600.08 year-on-year[5]. - Basic and diluted earnings per share were both -¥0.0517, showing a 19.72% improvement from -¥0.0644 in the same quarter last year[5]. - The net profit for the current period was -¥33,871,666.60, an improvement compared to -¥43,243,147.57 in the previous period, indicating a reduction in losses of approximately 21.5%[20]. - The company recorded operating profit of -¥37,827,197.68, an improvement from -¥43,230,594.36 in the previous period, reflecting a reduction in operating losses of approximately 12.5%[20]. - The total comprehensive income for the current period was -¥33,871,666.60, compared to -¥43,243,147.57 in the previous period, indicating a decrease in comprehensive losses of about 21.5%[21]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥36,865,225.55, which is a decrease of 8.27% compared to -¥34,049,453.61 in the previous year[5]. - Cash flow from operating activities showed a net outflow of -¥36,865,225.55, slightly worse than the previous period's outflow of -¥34,049,453.61[22]. - Cash and cash equivalents at the end of the reporting period are CNY 323,839,061.47, down from CNY 675,496,266.40, a decrease of approximately 52.1%[14]. - Cash and cash equivalents at the end of the period decreased to ¥323,839,061.47 from ¥473,585,305.45, a decline of approximately 31.6%[22]. - Investment activities resulted in a net cash outflow of -¥186,966,454.48, compared to -¥346,890,048.10 in the previous period, showing a reduction in cash outflow of about 46%[22]. - Financing activities generated a net cash outflow of -¥127,709,340.67, a significant decrease from the previous period's inflow of ¥164,945,924.74[22]. Assets and Liabilities - Total assets decreased by 6.33% to ¥2,441,183,249.46 from ¥2,606,216,345.99 at the end of the previous year[5]. - Total current assets amount to CNY 1,431,330,844.53, down from CNY 1,588,850,770.21 at the beginning of the year, a decrease of approximately 9.9%[15]. - Total liabilities amount to CNY 1,081,525,090.98, down from CNY 1,213,397,291.41, a decrease of approximately 10.9%[16]. - Total equity attributable to shareholders of the parent company is CNY 1,424,692,706.04, down from CNY 1,455,129,894.84, a decrease of approximately 2.1%[16]. - Total non-current liabilities amount to CNY 162,120,326.10, up from CNY 127,475,027.03, an increase of approximately 27.2%[16]. Operating Costs and Expenses - Operating costs rose by 36.59%, primarily due to increased electricity generation and rising fuel prices[10]. - Total operating costs increased to ¥155,909,683.28 from ¥132,092,392.82, marking a rise of about 18.1%[19]. - Research and development expenses decreased by 35.17%, reflecting a reduction in R&D projects[10]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 38,525[12].

Financial Performance - The company's operating revenue for 2022 was ¥694,227,657.28, a decrease of 8.31% compared to ¥757,175,743.41 in 2021[22]. - The net profit attributable to shareholders was -¥160,163,240.67, showing an improvement of 63.55% from -¥439,448,712.13 in the previous year[22]. - The net cash flow from operating activities was ¥207,168,402.26, a significant increase of 627.71% compared to -¥39,258,302.07 in 2021[22]. - The basic and diluted earnings per share were both -¥0.2657, reflecting a 63.56% improvement from -¥0.7291 in 2021[22]. - Total assets at the end of 2022 were ¥2,606,216,345.99, a decrease of 6.59% from ¥2,790,002,824.41 at the end of 2021[22]. - The net assets attributable to shareholders decreased by 9.92% to ¥1,455,129,894.84 from ¥1,615,293,135.51 in 2021[22]. - The company reported a significant reduction in net losses, indicating improved operational efficiency[22]. - The report indicates uncertainty regarding the company's ability to continue as a going concern due to negative net profits in recent years[22]. Revenue and Sales - In 2022, the company's total operating revenue was 694,227,757.28 CNY, with a significant increase in the second quarter to 154,152,937.21 CNY, but a decline in the fourth quarter to 168,180,448.44 CNY[26]. - The total electricity sales volume was 858 million kWh, down 25% from 1.144 billion kWh in 2021[52]. - The company achieved operating revenue of CNY 694.23 million, a decrease of 8.31% compared to CNY 757.18 million in 2021[47][48]. - In 2022, the company's electricity sales amounted to ¥779,733,245.77, accounting for 96.90% of operating costs, a decrease of 4.48% compared to 2021[56]. Costs and Expenses - The natural gas cost represented 82.17% of the company's operating costs in 2022, up from 77.37% in 2021[56]. - Research and development expenses increased by 22.52% to ¥25,647,534.39 in 2022, primarily due to increased R&D costs at Shenzhen Nanshan Electric Engineering Co., Ltd.[59]. - Sales expenses decreased by 59.61% to ¥375,055.78, attributed to reduced demand for environmental business due to adjustments in municipal sludge treatment routes[59]. - Management expenses decreased by 23.42% to ¥79,099,350.54, mainly due to reductions in labor costs and intermediary fees[59]. - Financial expenses increased by 111.29% to ¥32,142,802.50, primarily due to an increase in average financing scale[59]. Operational Efficiency - The cash flow from operating activities showed a positive net amount of 234,637,536.91 CNY in the second quarter, contrasting with negative cash flows in other quarters[26]. - The company completed a total of 858 million kWh of on-grid electricity, down 25% year-on-year[37]. - The average electricity usage rate of the power plants increased to 3.50% from 3.25% in the previous year[37]. - The company is actively exploring new energy sectors, including energy storage and photovoltaic projects, leveraging its experience in traditional power generation[41]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for the year[4]. - The company aims to enhance its core competitiveness through management innovation and a focus on high-quality development[38]. - The company is committed to strategic transformation, focusing on the new energy and energy storage sectors, and plans to advance key projects such as independent energy storage stations and smart photovoltaic projects[86]. - The company is actively seeking to optimize existing assets and reduce losses, including efforts to improve receivables collection and explore new business areas[85]. Governance and Management - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholders' rights[95]. - The board of directors held 2 regular meetings and 7 temporary meetings to review significant matters, enhancing decision-making processes[96]. - The company has implemented strict insider information management practices, with no incidents of information leakage reported during the reporting period[98]. - The company operates independently from its major shareholders in terms of personnel, assets, finance, business, and organization[99]. Environmental Compliance - The company operates in the thermal power generation industry and complies with the air pollutant emission standards[144]. - The company’s subsidiary has obtained the necessary pollution discharge permits from relevant environmental authorities[144]. - During the reporting period, the company and its subsidiaries complied with national environmental laws, with all pollutant emissions meeting national standards, and no environmental pollution incidents occurred[146]. - The company has invested in environmental protection facilities and continuously improved pollution prevention measures, enhancing its pollution control capabilities[148]. Future Outlook - In 2023, the company anticipates a peak load of 155 million kilowatts in Guangdong province, an increase of 8.8% year-on-year, with social electricity consumption expected to reach 825 billion kilowatt-hours, up 5.2%[81]. - The company is facing challenges due to high natural gas prices and intense competition in the electricity marketing market, which may lead to continued losses in gas-fired power generation[82]. - The company plans to enhance its operational management of existing assets to improve profitability and overall operational efficiency[89]. - The company is focusing on the renewable energy industry chain and exploring diversified business models to transition from traditional power generation to comprehensive energy service providers[89].

Financial Performance - The company's operating revenue for Q1 2021 was ¥86,380,557.37, a decrease of 62.23% compared to ¥228,717,033.81 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥13,078,849.22, which is a slight improvement of 6.73% from a loss of ¥14,023,020.62 in the previous year[8] - The total profit for the current period was a loss of CNY 15,709,705.90, slightly improved from a loss of CNY 15,715,234.28 in the previous period[38] - The company reported an operating profit loss of CNY 15,705,417.90, which is consistent with the previous period's loss of CNY 15,706,636.12[38] - The company reported a net loss from investments of CNY 671,569.71 in Q1 2021, compared to a gain of CNY 199,465.79 in the previous period[36] - The total comprehensive income for the current period was a loss of CNY 15,709,705.90, compared to a loss of CNY 15,869,290.27 in the previous period[38] Cash Flow - The net cash flow from operating activities was negative at ¥38,883,595.50, a decline of 276.55% compared to a positive cash flow of ¥22,023,624.41 in the same period last year[8] - The cash flow from operating activities included CNY 82,084,455.92 received from sales of goods and services, down from CNY 269,328,078.58 in the previous period[44] - The company incurred a total of 320,733,285.00 CNY in debt repayments during the quarter, significantly higher than the 50,000,000.00 CNY in the same period last year[46] - The cash flow from investment activities showed a net increase of 96,330,868.44 CNY, compared to 68,117,063.06 CNY in the previous year[49] - Total cash inflow from investment activities was 117,472,663.61 CNY, while cash outflow was 16,624,479.71 CNY, resulting in a net cash flow of 100,848,183.90 CNY from investments[45] - Cash inflow from financing activities amounted to 88,262,740.80 CNY, while cash outflow was 328,883,490.75 CNY, leading to a net cash flow of -240,620,749.95 CNY from financing activities[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,764,352,665.89, down 8.49% from ¥3,020,830,930.06 at the end of the previous year[8] - The total liabilities decreased from CNY 1,021,918,884.46 to CNY 781,644,641.83, reflecting a reduction of approximately 23.5%[33] - Current assets decreased from CNY 2,307,034,790.20 to CNY 2,044,336,683.45, a decline of about 11.4%[30] - The company’s total assets decreased from CNY 2,932,630,890.83 to CNY 2,691,416,561.17, a reduction of approximately 8.2%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,202[11] - The top three shareholders held a combined 38.30% of the shares, with Hong Kong Nanhai Ocean (International) Limited holding 15.28%[11] - The net assets attributable to shareholders decreased by 0.64% to ¥2,041,662,998.42 from ¥2,054,741,847.64 at the end of the previous year[8] - The total equity attributable to shareholders decreased from CNY 2,054,741,847.64 to CNY 2,041,662,998.42, a slight reduction of approximately 0.6%[30] Expenses - Operating costs for the period were CNY 85.53 million, a year-on-year decrease of 61.55%, mainly due to the exclusion of Dongguan Company from the consolidated scope[15] - R&D expenses for the period were CNY 1.47 million, a year-on-year increase of 100%, primarily due to increased technology R&D expenditures[15] - The management expenses for the current period were CNY 11,177,405.22, compared to CNY 9,977,388.80 in the previous period[39] - The financial expenses for Q1 2021 showed a significant decrease, with interest expenses at CNY 6,310,086.58 compared to CNY 10,225,384.24 in the previous period[36] Earnings Per Share - The basic and diluted earnings per share were both -¥0.0217, a decrease of 6.73% from -¥0.0233 in the same period last year[8] - The basic and diluted earnings per share for the current period were both -0.0217, compared to -0.0233 in the previous period[38]

Financial Performance - The company's operating revenue for 2020 was ¥985,253,831.58, a decrease of 19.41% compared to ¥1,222,577,954.53 in 2019[18]. - The net profit attributable to shareholders in 2020 was ¥64,024,291.32, representing a significant increase of 157.12% from ¥24,900,956.73 in 2019[18]. - The net cash flow from operating activities increased by 28.47% to ¥260,725,409.02 in 2020, compared to ¥202,943,908.61 in 2019[18]. - Basic earnings per share rose to ¥0.1062 in 2020, up 157.14% from ¥0.0413 in 2019[18]. - The company reported a decrease of 48.24% in net profit after deducting non-recurring gains and losses, amounting to ¥7,601,038.59 in 2020[18]. - The weighted average return on net assets was 3.15% in 2020, an increase from 1.25% in 2019[18]. - The company reported a net profit attributable to shareholders of 64.02 million yuan for 2020, with a profit distribution plan not proposed due to ongoing operational pressures[100]. - The company did not distribute cash dividends in 2020 due to the inability to meet profit distribution conditions outlined in its articles of association[101]. Assets and Liabilities - Total assets at the end of 2020 were ¥3,020,830,930.06, a decrease of 6.16% from ¥3,219,261,720.55 at the end of 2019[18]. - The net assets attributable to shareholders increased by 2.59% to ¥2,054,741,847.64 at the end of 2020, compared to ¥2,002,772,808.24 at the end of 2019[18]. - The company's fixed assets decreased by 33.00% due to the sale of a 70% stake in Dongguan Company, which is no longer included in the consolidation scope[30]. - The company's receivables decreased by 52.12%, reflecting the impact of the divestiture of Dongguan Company[30]. - The total assets at the end of 2020 included cash and cash equivalents of ¥764,601,272.21, accounting for 25.31% of total assets[66]. - The company’s short-term borrowings decreased by 5.01% to ¥675,528,858.48[66]. Revenue Sources - The company’s energy sector contributed CNY 878.60 million, accounting for 89.18% of total revenue, down 18.80% year-on-year[46]. - The company achieved a total electricity generation of 2.127 billion kWh, with 874 million kWh from grid-connected power and 1.253 billion kWh from power marketing[28]. - The total sales amount from the top five customers reached ¥965,521,314.34, accounting for 97.99% of the annual sales total[56]. - The largest customer, Shenzhen Power Supply Bureau, contributed ¥466,123,345.95, representing 47.31% of the annual sales[56]. - The company’s engineering services revenue decreased by 34.39% to CNY 41.09 million, representing 4.17% of total revenue[46]. Operational Efficiency - The company maintained a stable core competitiveness despite challenges in the power generation sector, supported by a robust governance structure and risk control system[32]. - The average annual utilization hours of the power generation units were 986 hours, with an average plant electricity consumption rate of 3.43%[38]. - The average utilization hours of power plants increased to 986 hours, compared to 876 hours in the previous year[46]. - The gross profit margin for electricity sales was 17.52%, with a decrease in operating costs by 25.26% to CNY 724.65 million[48]. Strategic Initiatives - The company plans to achieve a total electricity consumption of 720.6 billion kWh in Guangdong Province, with a growth rate of 5.0% for 2021[84]. - The company aims to implement a "125" project strategy focusing on strategic development and market expansion[85]. - The company plans to maximize economic efficiency by optimizing power production and marketing operations[86]. - The company is committed to aligning land resource management with favorable planning policies in the Qianhai area[86]. - The company plans to enhance management efficiency and talent quality through human resource reforms and the cultivation of young professionals[87]. Environmental and Social Responsibility - The company strictly adhered to environmental regulations, achieving compliance with pollution discharge standards, with nitrogen oxide emissions at 82.46 tons against a limit of 457.5 tons[137]. - The company adopted a social responsibility approach during the COVID-19 pandemic, focusing on production and operational stability while fulfilling its social duties[131]. - The company invested a total of 151,640 yuan in poverty alleviation efforts, including the adoption of 10 acres of land and 2,400 kg of rice in a poverty-stricken area[133]. Governance and Management - The company has established a comprehensive governance structure to protect the rights of shareholders and ensure compliance with regulations[198]. - The board of directors held 2 regular meetings and 6 temporary meetings during the reporting period to ensure effective decision-making[199]. - The supervisory board conducted 2 regular meetings and 4 temporary meetings to oversee the company's operations and financial status[200]. - The company has a diverse management team with backgrounds in finance and energy sectors, including the chairman who has extensive experience in accounting and management[171]. Market Challenges - The company expects to face challenges due to the commissioning of new high-efficiency gas turbine units in the province, which may reduce its market share[84]. - The company is facing increased competition in the electricity market, which may lead to a decline in market share and reduced electricity generation in 2021[100]. - The company anticipates a significant increase in natural gas prices in 2021, which will impact fuel costs for electricity generation[84]. Shareholder Information - The total number of shares is 602,762,596, with 99.9977% being unrestricted shares[154]. - The number of shareholders increased from 33,402 to 34,457 during the reporting period[156]. - The largest shareholder, Hong Kong Nanhai Ocean Industry Co., Ltd., holds 15.28% of the shares, totaling 92,123,248[157]. - The company does not have a controlling shareholder, as no entity holds more than 50% of the shares[159].

Financial Performance - Operating revenue for the quarter was CNY 286.08 million, down 30.05% year-on-year, while year-to-date revenue was CNY 804.24 million, a decrease of 1.57%[12] - Net profit attributable to shareholders for the quarter was CNY 76.09 million, an increase of 125.07% year-on-year, and year-to-date net profit was CNY 128.13 million, up 1,403.26%[12] - Basic earnings per share for the quarter were CNY 0.13, representing a 116.67% increase year-on-year, while year-to-date earnings per share were CNY 0.21, up 2,000%[12] - The company reported a non-recurring gain of CNY 32.45 million from the sale of a 70% stake in a subsidiary, contributing to its financial performance[13] - The total operating revenue for the current period is $286,084,887.31, a decrease from $408,965,405.06 in the previous period, representing a decline of approximately 30%[42] - Net profit for the current period is $82,887,081.06, compared to $36,247,744.31 in the previous period, reflecting an increase of approximately 129%[44] - The profit attributable to the parent company's shareholders is $76,089,903.65, up from $33,806,673.10, marking a growth of around 125%[44] - Total comprehensive income for the current period is $82,887,081.06, significantly higher than $36,247,744.31 in the previous period, indicating a growth of approximately 129%[45] Cash Flow - The net cash flow from operating activities for the quarter was CNY 140.65 million, a significant increase of 414.37% year-on-year, with year-to-date cash flow at CNY 210.59 million, up 152.02%[12] - Net cash flow from operating activities increased by 152.02% to CNY 210.59 million due to reduced natural gas procurement expenses[20] - Operating cash inflow for Q3 2020 was CNY 891,483,271.27, a decrease of 4.4% from CNY 932,196,506.97 in Q3 2019[60] - Net cash flow from operating activities increased significantly to CNY 210,589,842.81, compared to CNY 83,562,330.43 in the same period last year, representing a growth of 152.1%[60] - Net cash flow from financing activities increased by 2,344.99% to CNY 295.46 million due to increased borrowings[20] - Net cash flow from financing activities was CNY 295,462,924.63, a significant increase from CNY 12,084,428.81 in Q3 2019, reflecting improved financing conditions[61] - The company reported a net cash increase of CNY 117,585,576.20 for Q3 2020, compared to CNY 47,744,651.40 in Q3 2019, reflecting improved cash management[61] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 3.14 billion, a decrease of 2.41% compared to the end of the previous year[12] - The net assets attributable to shareholders increased to approximately CNY 2.12 billion, reflecting a growth of 5.80% compared to the previous year[12] - Total liabilities decreased to CNY 986,811,253.37 from CNY 1,156,769,399.05, a reduction of approximately 14.7%[36] - The company's total assets amounted to CNY 3,141,767,739.55, down from CNY 3,219,261,720.55, reflecting a decline of about 2.4%[36] - The total equity attributable to shareholders rose to CNY 2,118,847,958.39 from CNY 2,002,772,808.24, an increase of approximately 5.8%[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,195, with the top ten shareholders holding significant stakes in the company[16] - The company plans not to distribute cash dividends or issue bonus shares for this quarter[6] Operational Efficiency - The management indicated a focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[55] - The company did not report any significant new product launches or technological advancements during this quarter[65] Investment Activities - The company plans to invest CNY 29.29 million in the Zhongshan Prefabricated Building Industrial Park project[23] - Cash outflow from investment activities totaled CNY 423,494,213.55, compared to CNY 50,097,147.15 in Q3 2019, indicating a substantial increase in investment spending[61]