“第三张电网”，筹划资产分拆上市

Core Viewpoint - Inner Mongolia Power Group is seeking asset securitization and plans to list its core business, positioning itself as a significant player in the energy sector alongside the State Grid and Southern Power Grid [1][2]. Group 1: Company Strategy and Plans - Inner Mongolia Power Group held high-level discussions with Shanghai and Shenzhen Stock Exchanges regarding energy enterprise listings, capital operations, and green finance [1][2]. - The company aims to diversify its industrial structure and equity by planning the listing of its energy storage and information technology business segments [1][5]. - The company has initiated the procurement of legal services for its IPO operations, with a budget of 2.8 million yuan [2]. Group 2: Financial Performance - As of the end of 2024, the total assets of the Inner Mongolia Power Group are 147.2 billion yuan, with net assets of 59.54 billion yuan [3]. - The projected operating revenue for 2024 is 121.81 billion yuan, with a total profit of 4.517 billion yuan [3]. Group 3: Renewable Energy Achievements - The company achieved a total electricity sales volume of 3,140.38 billion kWh in 2024, with a maximum supply load exceeding 48.87 million kW [4]. - In the first half of this year, the renewable energy generation (wind and solar) reached 73.1 billion kWh, marking a 41% year-on-year increase, ranking second among provincial power grids in China [4]. Group 4: Storage and Asset Securitization - Inner Mongolia Power Group plans to independently list its storage and information technology business segments, focusing on enhancing revenue capabilities through effective management [5]. - The company has already operationalized over 0.5 GW/2 GWh of independent energy storage stations and has more than 2 GW/8 GWh in the bidding and planning stages [6]. - The company is actively promoting the securitization of pumped storage assets through public REITs and is exploring financing cooperation with the stock exchanges [6].