Core Viewpoint - China General Nuclear Power Corporation (CGN) emphasizes green and low-carbon development while maintaining nuclear safety and stable operations, achieving a net profit of RMB 10.814 billion in 2024, a year-on-year increase of 0.83% [2][3] Group 1: Operational Performance - In 2024, CGN's electricity generation reached 227.284 billion kWh, a year-on-year increase of 6.13%, contributing to the overall balance of national electricity supply and demand [2] - The company managed 28 operational units, maintaining a capacity factor of approximately 92%, with over 86% of units meeting advanced international standards [3] - The total installed capacity of operational and under-construction units exceeded 51.2 million kW by the end of 2024, maintaining a leading position in the domestic market [2][3] Group 2: Financial Performance - CGN's net profit attributable to shareholders was RMB 10.814 billion, with a net profit of RMB 10.713 billion after excluding non-recurring gains, reflecting a year-on-year increase of 0.94% [2] - The board proposed a cash dividend of RMB 0.095 per share, with a dividend payout ratio of 44.36%, continuing a five-year dividend commitment [2] Group 3: Safety and Quality - CGN adheres to the principle of "nuclear safety above all," ensuring that safety and quality are prioritized in all operations and construction projects [3] - The company successfully commenced commercial operations of the Fangchenggang Unit 4 on May 25, 2024, and received national approval for six new units [3] Group 4: Technological Innovation - CGN focuses on technological innovation to enhance safety and economic efficiency in nuclear power, developing a product system centered around the "Hualong One" reactor technology [4][5] - The company has implemented advanced construction technologies, such as remote online maintenance for the Ningde nuclear unit, to improve operational safety [5] Group 5: Sustainable Development - CGN's operations contributed to a reduction of approximately 6.891 million tons of standard coal consumption and a decrease of about 18.7 million tons of CO2 emissions in 2024, equivalent to planting over 510,000 hectares of forest [6] - The company emphasizes talent development and supply chain resilience, integrating green and safety principles throughout its operations [6]
中广核电力：经营业绩保持稳健 股东回报稳中有升