三峡能源：公司管理费用主要包括职工薪酬、资产折旧及摊销等方面的支出

Core Viewpoint - The company reported a significant increase in management expenses and operational scale, indicating growth in project management and asset management capabilities [1] Group 1: Management Expenses - The company's management expenses for 2024 are projected to be 2.024 billion yuan, which represents a 2.6 times increase compared to 2020 [1] - Management expenses include employee salaries, asset depreciation and amortization, leasing and consulting services, insurance, and public expenses [1] Group 2: Operational Growth - The installed capacity of the company has grown from 16.44 million kilowatts to 47.96 million kilowatts from June 2021 to the end of 2024 [1] - Total assets have increased from 185.1 billion yuan to 356.9 billion yuan during the same period [1] Group 3: Financing Strategy - The company emphasizes controlling financing costs and selects financial institutions based on competitive bidding [1] - The company plans to publicly issue 8 billion yuan of low-interest medium-term notes in 2025, taking advantage of favorable conditions in the bond market [1]