GED(SZ:000539) Mei Ri Jing Ji Xin Wen·2025-12-23 00:59Core Viewpoint - The company is responding to investor inquiries regarding the capacity and pricing of its gas-fired power generation units in Guangdong, highlighting the increasing importance of gas power in the region's energy landscape due to its flexibility in peak shaving compared to coal power. Group 1: Company Capacity and Pricing - As of Q3 2025, the company has a total gas-fired installed capacity of 11.847 million kilowatts [1] - Currently, 2.34 million kilowatts of gas-fired capacity is priced at 165 yuan per kilowatt per year, while 9.507 million kilowatts is priced at 264 yuan per kilowatt per year [1] - The company has approximately 2.942 million kilowatts of gas-fired projects under construction, with an expected 970,000 kilowatts to be operational by 2026, also priced at 264 yuan per kilowatt per year [1] Group 2: Regulatory Environment and Uncertainty - The pricing for gas-fired capacity is subject to regulations from Guangdong Province, with different pricing tiers ranging from 165 to 396 yuan per kilowatt per year [1] - The actual commissioning of projects and the corresponding capacity pricing will depend on the investment and construction progress, indicating a level of uncertainty in future capacity pricing [1]