GGEP(SH:600236) Zheng Quan Shi Bao·2025-12-02 18:04Core Viewpoint - The company, Guiguan Electric Power, has demonstrated resilience and quality in growth during the "14th Five-Year Plan" period, achieving breakthroughs in performance and capital operations while focusing on technological innovation and shareholder returns [2]. Group 1: Performance and Dividends - The company has shown a strong performance in both operational results and dividend distribution, benefiting from improved water inflow and efficient management [2]. - From 2022 to 2024, the company plans to distribute a dividend of 0.2 yuan per share (including tax) annually, with an average dividend payout ratio of approximately 82.83% over the past three years [2]. Group 2: Power Generation Capacity - As of mid-2025, the company has an installed capacity of 14.1777 million kilowatts, including 10.2404 million kilowatts from hydropower, 1.33 million kilowatts from thermal power, 0.9447 million kilowatts from wind power, and 1.6626 million kilowatts from solar power [3]. - The company has made significant progress in green energy construction, acquiring a total of 981,000 kilowatts of new energy construction indicators and achieving a record high in installed capacity [3]. Group 3: Capital Operations and Strategic Development - The company is strategically investing in high-quality new energy projects, with core assets like the Longtan Hydropower Station operating efficiently, achieving a daily power generation of over 100 million kilowatt-hours [3]. - The company is poised for high-quality development, leveraging its achievements from the "14th Five-Year Plan" to embark on a new journey of growth [3].