售电业务毛利率骤降超10个百分点被问询，电投产融回复

Core Viewpoint - The company, Electric Power Investment and Financing (000958.SZ), is facing scrutiny from the Shenzhen Stock Exchange regarding a significant decline in the gross profit margin of its electricity sales business, which has raised concerns about its asset replacement and fundraising activities [1] Financial Performance - The gross profit margin for the company's main business, nuclear power, was reported at 42.30% for the fiscal year 2023 and is projected to decrease to 31.14% for 2024 [1] - Specifically, the gross profit margin for the electricity sales business was 42.55% in 2023 and is expected to drop to 31.47% in 2024 [1] Factors Influencing Profit Margins - The decline in the electricity sales gross profit margin is primarily attributed to the increased costs associated with the disposal of spent fuel from the Haiyang Nuclear Power Phase I project, which began commercial operations in October 2018 and January 2019 [1] - For the fiscal year 2024, the company anticipates that the spent fuel disposal fund will amount to 457.80 million yuan, which will account for 10.43% of the total costs in the electricity sales business [1]