Financial Performance - The company's operating revenue for Q3 2024 reached ¥7,682,680,640.69, an increase of 17.81% year-over-year[2] - Net profit attributable to shareholders for the same period was ¥1,455,410,258.11, reflecting a 45.26% increase compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.65, up 44.44% year-over-year[2] - The company's net profit after deducting non-recurring gains and losses was ¥1,405,262,689.38, a 46.68% increase year-over-year[2] - Total operating revenue for Q3 2024 reached CNY 21.81 billion, an increase of 10.5% compared to CNY 19.73 billion in Q3 2023[15] - Net profit for Q3 2024 was CNY 5.01 billion, up 28.0% from CNY 3.92 billion in the same period last year[16] - The total comprehensive income for the period reached CNY 5,015,240,719.89, compared to CNY 3,918,302,436.70 in the previous period, representing a year-over-year increase of approximately 28%[17] - The basic and diluted earnings per share for the period were both CNY 1.96, an increase from CNY 1.67 in the same period last year, marking a growth of about 17.4%[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥52,957,915,851.50, representing a 9.19% increase from the end of the previous year[2] - Total assets increased to CNY 52.96 billion, compared to CNY 48.50 billion at the end of Q3 2023, reflecting a growth of 9.1%[14] - Total liabilities rose to CNY 14.96 billion, an increase of 5.4% from CNY 14.20 billion in Q3 2023[14] - The total non-current assets reached CNY 41.38 billion, slightly up from CNY 41.36 billion, indicating a marginal increase of 0.1%[13] Cash Flow and Equivalents - The cash flow from operating activities for the year-to-date was ¥6,928,120,716.90, an increase of 26.58% year-over-year[2] - The net cash flow from operating activities was CNY 6,928,120,716.90, up from CNY 5,473,429,383.96 in the prior year, indicating a growth of about 26.6%[18] - Cash and cash equivalents increased to ¥4,743,481,763.11 from ¥1,693,360,158.08, representing a growth of approximately 179.5%[11] - Cash and cash equivalents at the end of the period totaled CNY 4,733,949,492.84, compared to CNY 3,910,092,388.11 at the end of the previous period, showing an increase of approximately 21%[19] - The cash inflow from financing activities was CNY 1,988,644,102.71, down from CNY 7,326,406,897.17 in the prior year, indicating a decrease of about 72.8%[19] - The company reported a total cash outflow from financing activities of CNY 3,699,630,256.42, compared to CNY 5,431,294,050.10 in the previous period, reflecting a decrease of approximately 31.9%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period was 31,576[8] - The largest shareholder, China Power Investment Inner Mongolia Energy Group, holds 55.77% of shares, totaling 1,250,022,721 shares[8] Investments and Expenses - Long-term equity investments amounted to CNY 979.69 million, up from CNY 775.98 million, representing a growth of 26.2%[13] - Research and development expenses for Q3 2024 were CNY 14.13 million, an increase of 25.6% from CNY 11.25 million in Q3 2023[15] - The income tax expense for the period was ¥914,102,465.94, an increase of 31.21% year-over-year, mainly due to increased profits from coal and aluminum products[6] Receivables and Inventory - The balance of receivables financing increased by 369.41% compared to the beginning of the year, mainly due to an increase in receivable notes for coal and aluminum products[5] - Accounts receivable rose to ¥2,368,611,829.84 from ¥1,888,365,600.31, an increase of about 25.4%[11] - Prepayments increased to ¥951,689,058.71 from ¥652,730,610.98, reflecting a growth of approximately 45.8%[11] - Inventory decreased to ¥1,272,730,607.10 from ¥1,445,565,057.82, a decline of about 11.9%[11] - Other receivables decreased to ¥255,801,411.08 from ¥316,515,371.01, a reduction of approximately 19.2%[11] Future Outlook - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency and drive future growth[16]

第二条 董事会审计委员会（以下简称"委员会"）是 董事会设立的专门工作机构，主要负责公司内、外部审计的 沟通、监督和核查等工作。 第二章 人员组成 第三条 委员会成员由五名董事组成，其中独立董事占 半数以上并担任召集人，审计委员会成员应当具备履行审计 委员会工作职责的专业知识和商业经验。 第四条 委员会委员由董事长、二分之一以上独立董事 或者全体董事的三分之一以上提名，并由董事会选举产生。 内蒙古电投能源股份有限公司 董事会审计委员会议事规则 第一章 总 则 第一条 为强化董事会决策功能，确保董事会对高级管 理层的有效监督，完善公司治理结构，根据《公司法》《深 圳证券交易所股票上市规则》《深圳证券交易所上市公司自 律监管指引第 1 号——主板上市公司规范运作》《公司章程》 等相关规定，制定本规则。 第五条 委员会设主任委员（召集人）一名，由会计专 业的独立董事委员担任，负责主持委员会工作。 第六条 委员会委员任期与其董事任期一致。任期届满， 经董事长提名、董事会审议通过可以连任。 1 期间如有委员不再担任公司董事职务，自动失去委员资 格，并根据第三至第五条规定补足委员人数。 第七条 资本运营部（法人治理部）是 ...

内蒙古电投能源股份有限公司 董事会提名委员会议事规则 第一章 总 则 第一条 为规范公司董事、高级管理人员的提名，完善 公司治理结构，根据《公司法》《深圳证券交易所股票上市 规则》《深圳证券交易所上市公司自律监管指引第 1 号—— 主板上市公司规范运作》《公司章程》等相关规定，制定本 规则。 第二条 董事会提名委员会（以下简称"委员会"）是公 司董事会下设的专门委员会，主要负责对公司董事和高级管 理人员的人选、选择标准和程序进行研究、审查并提出建议。 第二章 人员组成 第三条 委员会成员由五名董事组成，其中独立董事占 半数以上并担任召集人。委员由董事长、二分之一以上独立 董事或者全体董事的三分之一提名，并由董事会选举产生。 第四条 委员会设主任委员（召集人）一名，由独立董 事委员担任，负责主持委员会工作。 第五条 委员会委员任期与其董事任期一致。任期届满， 经董事长提名、董事会审议通过可以连任。 期间如有委员不再担任公司董事职务，自动失去委员资 格，并根据第三至第五条规定补足委员人数。 1 第六条 资本运营部（法人治理部）是委员会日常事务 统筹协调部门，负责统筹会议安排等工作，确保委员会规范顺畅 运行。 第七 ...

内蒙古电投能源股份有限公司 2024 年半年度报告全文 内蒙古电投能源股份有限公司 2024 年半年度报告 2024 年 8 月 26 日 1 内蒙古电投能源股份有限公司 2024 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人王伟光、主管会计工作负责人王振林及会计机构负责人(会计 主管人员)王胜声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告内容涉及的未来计划、发展战略等前瞻性陈述，因存在不确定性， 不构成公司对投资者的实质承诺，请投资者注意投资风险。 （1）2023 年全国规模以上工业原煤产量 46.6 亿吨，同比增长 2.9%；进 口煤炭 4.7 亿吨，同比增长 61.8%。2023 年整体用煤需求在 47.7 亿吨左右， 煤炭市场供需结构已明显改善。2024 年新增煤炭产能预计达到 9000 万吨， 原煤产量超过 47 亿吨；进口煤受关税政策调整影响，俄煤、蒙煤进口成本增 加， ...

Production and Financial Performance - In 2023, the total industrial raw coal production in China reached 4.66 billion tons, representing a year-on-year increase of 2.9%[3]. - The company's operating revenue for 2023 was ¥26,845,529,756.25, representing a 0.20% increase compared to the previous year[16]. - Net profit attributable to shareholders for 2023 was ¥4,559,652,079.29, showing a 14.39% increase from the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥4,337,874,048.59, which is a 12.27% increase year-over-year[16]. - The total profit for 2023 was 5.85 billion yuan, an increase of 4.81% year-on-year, primarily due to increased coal sales prices and volumes[48]. - The company produced 46.55 million tons of raw coal, an increase of 1.19% year-on-year, and sold 46.47 million tons, up 1.04% year-on-year[48]. - The actual power generation from thermal power in 2023 was 560.51 million kWh, a decrease of 5.98% compared to the previous year[48]. - The company reported a significant decrease in cash flow from operating activities in the first quarter of 2023, amounting to ¥1,351,633,950.48[20]. Market and Industry Trends - The average electricity price for thermal power companies showed uncertainty due to market reforms and increased renewable energy installations, leading to a decline in thermal power utilization hours[3]. - The power generation from thermal power in Northeast China decreased by 5.02% year-on-year, with a reduction of 257 hours in utilization hours, impacting profit margins[3]. - The coal market price saw an overall decline in 2023, leading to reduced losses for fire power companies, although coal costs remained high[24]. - The overall coal demand in 2023 was approximately 4.77 billion tons, with expectations for 2024 to reach 4.85 billion tons, indicating a continued loose market condition[28]. - The company anticipates that coal prices will remain under pressure in 2024, with a slight downward shift in price levels due to improved supply-demand dynamics[28]. - The company is facing unprecedented pressures from rising coal prices, declining utilization hours, and stringent energy consumption controls, which are increasing operational costs[3]. Renewable Energy Development - The development environment for the renewable energy sector is improving, with financial support increasing and a higher proportion of renewable energy installations in the power generation mix[3]. - By the end of 2024, China's renewable energy generation capacity is expected to reach approximately 1.3 billion kilowatts, accounting for about 40% of total installed capacity[27]. - The installed capacity of solar power in China reached approximately 610 million kilowatts in 2023, with a year-on-year growth of 55.2%[24]. - The company is focusing on the development of renewable energy projects, aiming to transition to a subsidy-free, grid-parity development phase[36]. - The company plans to significantly increase its clean energy installed capacity by advancing the construction of new energy bases and enhancing the operational reliability of existing projects[33]. Corporate Governance and Management - The company has a board of directors consisting of 12 members, including 4 independent directors, complying with legal requirements[108]. - The company maintains complete independence from its controlling shareholder in terms of assets, personnel, finance, organization, and business operations[111]. - The company has established a performance evaluation and incentive mechanism to enhance employee motivation and core competitiveness[108]. - The company has a dedicated investor relations management department to ensure timely and accurate information disclosure, protecting investor rights[110]. - The company has implemented a strict governance structure in accordance with relevant laws and regulations, ensuring compliance and transparency[109]. Environmental Responsibility - The company has implemented various environmental protection laws and standards in its operations[165]. - The company has established a dedicated environmental supervision management system to ensure compliance with pollution discharge requirements[170]. - The company continues to strengthen its environmental management practices to fulfill its corporate environmental responsibilities[170]. - The total environmental protection investment for Inner Mongolia Huomei Hongjun Aluminum Power Company in 2023 was approximately 335 million yuan, with an environmental protection tax payment of 18.3003 million yuan[173]. - The company aims for a 100% rate of solid waste disposal and wastewater treatment, and a plant coverage rate of 70%[174]. Strategic Initiatives and Future Outlook - The company plans to invest 7.494 billion CNY in 2024, with major allocations of 4.693 billion CNY for large and medium infrastructure, 2.158 billion CNY for technological upgrades, and 351 million CNY for digital technology[101]. - The projected total profit for 2024 is 6.487 billion CNY, with a net profit attributable to the parent company of 4.92 billion CNY[102]. - The company is focusing on carbon neutrality and has developed a carbon peak action plan, with a self-assessment report for 2023 already completed[99]. - The company is actively pursuing potential mergers and acquisitions to strengthen its market position and diversify its service offerings[200]. - The company is exploring partnerships with international firms to leverage new technologies and expand its product offerings[125].

证券研究报告 | 公司动态点评 2024 年 04月 26日 电投能源（002128.SZ） 煤炭盈利逆势上涨，打造“煤-电-铝”产业集群成长可期 财务指标 2022A 2023A 2024E 2025E 2026E 买入（上调评级） 营业收入（百万元） 26,793 26,846 29,300 32,164 35,662 股票信息 增长率yoy（%） 8.6 0.2 9.1 9.8 10.9 归母净利润（百万元） 3,986 4,560 4,796 5,302 5,744 行业 有色金属 增长率yoy（%） 11.3 14.4 5.2 10.5 8.3 2024年4月25日收盘价（元） 18.95 ROE（%） 17.2 14.6 14.3 13.8 13.4 总市值（百万元） 42,477.82 EPS最新摊薄（元） 1.78 2.03 2.14 2.37 2.56 流通市值（百万元） 40,052.22 P/E（倍） 10.7 9.3 8.9 8.0 7.4 总股本（百万股） 2,241.57 P/B（倍） 1.8 1.4 1.2 1.1 1.0 流通股本（百万股） 2,113.57 资料来源：公司财报 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥7,344,608,736.13, an increase of 7.32% compared to ¥6,843,970,382.32 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 was ¥1,944,336,625.71, representing a year-on-year increase of 20.21% from ¥1,617,411,584.81[3] - Total operating revenue for the current period reached ¥7,344,608,736.13, an increase of 7.3% compared to ¥6,843,970,382.32 in the previous period[15] - Net profit for the current period was ¥2,171,436,588.06, representing a 25.0% increase from ¥1,739,296,671.39 in the same period last year[16] - The total profit for the current period was ¥2,558,579,158.01, up from ¥2,048,870,268.21, reflecting a growth of 24.8%[16] Cash Flow - The net cash flow from operating activities was ¥1,347,713,938.90, showing a slight decrease of 0.29% compared to the previous year[3] - Net cash flow from operating activities for Q1 2024 was approximately CNY 1.35 billion, slightly down from CNY 1.35 billion in the previous year[19] - Net cash flow from investing activities was negative CNY 414.88 million, compared to negative CNY 1.18 billion in the same period last year[19] - Cash inflow from financing activities totaled CNY 806.28 million, down from CNY 5.33 billion in Q1 2023[19] - Net cash flow from financing activities was CNY 406.60 million, a significant decrease from CNY 4.12 billion in the previous year[19] - The ending balance of cash and cash equivalents was CNY 2.99 billion, down from CNY 6.08 billion at the end of Q1 2023[19] - The company reported a net increase in cash and cash equivalents of CNY 1.34 billion for the quarter, compared to CNY 4.29 billion in the previous year[19] - Cash inflow from the disposal of fixed assets and other long-term assets was CNY 1.57 million[19] - Cash outflow for the acquisition of fixed assets and other long-term assets was CNY 416.92 million, significantly lower than CNY 1.18 billion in the same quarter last year[19] - The company did not report any cash received from investment income during the quarter[19] Assets and Liabilities - The company's total assets at the end of Q1 2024 reached ¥51,853,739,096.23, up 6.91% from ¥48,501,175,130.73 at the end of the previous year[3] - As of March 31, 2024, the total assets of Inner Mongolia Electric Power Investment Energy Co., Ltd. reached CNY 51.85 billion, an increase from CNY 48.50 billion at the beginning of the year, reflecting a growth of approximately 4.85%[12] - The company's total liabilities increased to CNY 15.19 billion from CNY 14.20 billion, reflecting a growth of approximately 6.9%[14] - The company's total current assets amounted to CNY 10.46 billion, compared to CNY 7.14 billion at the beginning of the year, marking an increase of about 46.5%[13] - The company’s total current liabilities increased to CNY 6.69 billion from CNY 5.82 billion, representing a growth of about 14.9%[14] Shareholder Information - The company reported a total of 31,751 common shareholders at the end of the reporting period[8] - The total equity attributable to shareholders at the end of Q1 2024 was ¥33,010,042,398.13, up 6.87% from ¥30,887,497,802.07 at the end of the previous year[3] - The equity attributable to shareholders of the parent company rose to CNY 33.01 billion, up from CNY 30.89 billion, indicating an increase of about 6.9%[14] Research and Development - Research and development expenses for the period amounted to ¥3,720,114.70, an increase of 91.53% year-on-year, primarily due to increased R&D in photovoltaic data collection[6] - Research and development expenses surged to ¥3,720,114.70, a significant increase of 91.1% from ¥1,942,330.82 in the previous period[15] Earnings and Costs - Basic earnings per share rose to ¥0.87, up from ¥0.81, reflecting a growth of 7.4%[17] - Total operating costs amounted to ¥4,802,403,347.66, slightly up from ¥4,801,347,191.71, indicating a marginal increase of 0.02%[15] - The company’s tax expenses increased to ¥387,142,569.95 from ¥309,573,596.82, representing a rise of 25.1%[16] Other Financial Metrics - The weighted average return on equity was 6.09%, a slight decrease of 0.04% compared to the previous year[3] - The balance of cash and cash equivalents at the end of the period was ¥3,032,886,611.07, reflecting a significant increase of 79.10% from the beginning of the period[5] - Accounts receivable at the end of the period totaled ¥3,335,513,884.43, which is a 76.63% increase compared to the beginning of the period, mainly due to increased coal receivables[5] - The company reported a significant increase in other income, which rose to ¥31,674,307.79 from ¥2,719,368.83, marking a growth of 1,063.5%[16] - The company’s inventory decreased to CNY 1.37 billion from CNY 1.45 billion, reflecting a decline of approximately 5.9%[12] - The total non-current assets slightly increased to CNY 41.40 billion from CNY 41.36 billion, showing a marginal growth of about 0.1%[13] - The company reported a significant increase in short-term borrowings, which rose to CNY 521.35 million from CNY 271.17 million, a growth of approximately 92.2%[13]

我们同意前述关联交易事项，同时我们对公司董事会在审核此项议案的召集、 召开、审议、表决程序进行了监督，认为符合有关法律、法规及《公司章程》的 规定，关联董事对关联交易事项实施了回避表决。 独立董事：夏鹏、韩放、陈天翔、陶杨 内蒙古电投能源股份有限公司 独立董事独立意见 为保护内蒙古电投能源股份有限公司（以下简称"电投能源"或"公司"） 全体股东的利益，根据《深圳证券交易所上市公司自律监管指引第1号-主板上市 公司规范运作》、电投能源《公司章程》等有关规定，作为公司的独立董事，针 对公司本次董事会涉及的关联交易事项，在审阅相关资料后，发表独立意见如下： 公司向2023年第十次临时董事会提交了《关于转让参股子公司股权暨关联交 易的议案》。本次转让参股公司股权暨关联交易事项符合公司战略发展需要，有 利于进一步聚焦主业发展；不会对公司独立性构成影响，遵循了客观、公平、公 允的定价原则，不存在关联方损害公司和股东特别是中小股东利益的情形，符合 中国证监会和深圳证券交易所的有关规定。 2023 年 11 月 2 日 ...

独立董事：夏鹏、韩放、陈天翔、陶杨 内蒙古电投能源股份有限公司 公司拟向2023年第十次临时董事会提交了《关于转让参股子公司股权暨关联 交易的议案》。本次转让参股公司股权暨关联交易事项符合公司战略发展需要， 有利于进一步聚焦主业发展；不会对公司独立性构成影响，遵循了客观、公平、 公允的定价原则，不存在关联方损害公司和股东特别是中小股东利益的情形，符 合中国证监会和深圳证券交易所的有关规定。 独立董事事前认可意见 综上，我们同意前述关联交易议案并同意将该议案提交公司董事会审议。 为保护内蒙古电投能源股份有限公司（以下简称"电投能源"或"公司"） 全体股东的利益，根据《深圳证券交易所上市公司自律监管指引第1号-主板上市 公司规范运作》、电投能源《公司章程》等有关规定，作为公司的独立董事，针 对公司本次董事会涉及的关联交易事项，在审阅相关资料后，发表事前认可意见 如下： 2023 年 10 月 26 日 ...

（二）公司 2023 年第十次临时董事会、2023 年第九次临时监事 会，审议通过《关于转让参股子公司股权暨关联交易的议案》，电投 能源与蒙东能源拟签订《北京霍林河投资股份有限公司股权转让协 议》。该股权转让事项，根据国有资产管理规定，不需进场挂牌交易。 （三）蒙东能源为电投能源控股股东，按照《深圳证券交易所股 票上市规则》的规定，蒙东能源为公司的关联人，故本次交易构成关 证券代码：002128 证券简称：电投能源 公告编号：2023082 内蒙古电投能源股份有限公司 关于转让参股子公司股权暨关联交易公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不 存在虚假记载、误导性陈述或者重大遗漏。 内蒙古电投能源股份有限公司（简称"电投能源"或"公司"） 2023 年第十次临时董事会审议通过了《关于转让参股子公司股权暨 关联交易的议案》。现将相关事项公告如下： 一、概述 （一）按照公司 2023 年第五次临时董事会审议通过的《关于转 让北投公司股权的议案》的决定，北京霍林河投资股份有限公司（以 下简称"北投公司"或"标的企业"）作为非主业领域，拟对持有其 股权进行处置。上述决议通过后，电投能源开展了转让股 ...