NYOCOR Co.,Ltd.(SH:600821) Shang Hai Zheng Quan Bao·2025-04-26 02:18Core Viewpoint - The company held its 2024 annual performance briefing on April 25, 2025, to communicate its operational results and financial status with investors, highlighting significant growth in the renewable energy sector and ongoing strategic collaborations [2][3]. Group 1: Industry Outlook - The renewable energy sector, particularly wind and solar power, achieved a milestone in 2024 with new installations reaching 356 GW, bringing total renewable capacity to 1.45 billion kilowatts, surpassing thermal power for the first time [4]. - The industry faces challenges during the transition period, including increased pressure on electricity consumption and declining prices due to market reforms and grid limitations [4]. Group 2: Financial Performance - As of December 31, 2024, the company reported total assets of 40.07 billion yuan, a year-on-year increase of 25.48%, and net assets attributable to shareholders of 9.30 billion yuan, up 3.93% [8]. - The company achieved an operating revenue of 3.61 billion yuan, reflecting an 8.55% increase, and a total profit of 1.07 billion yuan, which is a 9.66% growth [8]. Group 3: Strategic Collaborations - The company signed a strategic cooperation framework agreement with Zhongbei Communication Group, aiming for a total investment of 2 billion yuan over two years, with an expected annual cooperation amount of 1 billion yuan [5]. - The collaboration focuses on the development of a smart computing center project and commercial energy storage projects, leveraging the strengths of both companies [5]. Group 4: Future Projects and Plans - The company plans to accelerate the development of its supercomputing center project in Xinjiang and explore the integration of green electricity with coal chemical projects [11]. - As of the end of 2024, the company’s approved installed capacity reached 7,468 MW, with a grid-connected capacity of 5,554 MW, marking year-on-year growth of 16% and 24% respectively [10]. Group 5: Shareholder Engagement - The company has been actively repurchasing shares, with a total of 330 million yuan repurchased as of April 11, 2025, representing 2.91% of the total share capital [13]. - The company emphasizes the importance of maintaining investor confidence and stabilizing its stock price through proactive measures [13].