Core Viewpoint - The news highlights the recent research conducted by QuanGuo Fund on Jiangsu XinNeng, focusing on the company's performance in the renewable energy sector and its future project considerations [1] Group 1: Company Performance - In Q1 2025, Jiangsu XinNeng's wind power generation was 877 million kWh, a year-on-year decrease of 17.19% due to poor wind conditions [1] - The company has participated in green electricity trading, with a trading volume of approximately 460,000 kWh at a price of 0.43 yuan/kWh in 2024 [1] - The average self-consumption ratio of the company's distributed photovoltaic projects exceeds 70%, with no restrictions on surplus electricity fed into the grid [1] Group 2: Market Conditions - In the Jiangsu electricity market, the weighted average price for wind power was 407.03 yuan/MWh, while for photovoltaic it was 407.59 yuan/MWh, compared to 413.15 yuan/MWh for thermal power and 409.66 yuan/MWh for nuclear power [1] - As of April 2025, the average trading price for green certificates was 2.31 yuan per certificate, reflecting a 63.24% increase month-on-month [1] Group 3: Future Considerations - The company will consider project costs, electricity prices, and local consumption levels when developing new renewable energy projects [1] - Emphasis will be placed on project site selection and equipment choice to ensure technical reliability and economic feasibility [1]

证券代码：000537 证券简称：中绿电 天津中绿电投资股份有限公司 投资者关系活动记录表 编号：2025-01 | | 特定对象调研 □分析师会议  | | --- | --- | | 投资者关系活 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | 动类别 | □现场参观 | | | □其他 | | 活动参与人员 | 华泰证券（黄波） | | 时间 | 2025 年 5 月 8 日 15:00-15:40 | | 地点 | 公司会议室 | | 上市公司接待 | 总经理助理、董事会秘书伊成儒 | | 人员姓名 | 证券事务部（董事会办公室）副经理芈斐斐 | | | 证券事务部（董事会办公室）投资者关系管理马啸 | | 形式 | 现场会议 | | | 问题1.2025年一季报归母净利润增速（52.18%）远超营收增速 | | | （19.81%）的原因是什么？是否因成本控制（如"提质增效"措施 | | | ）或非经营性因素（如补贴、税收优惠）？ | | | 答：主要原因有三：一是2024年及2025年一季度新增项目并网 | | | 投运，导致2025年一季度发电量及营业收入同比增加。 ...