Core Viewpoint - The company has proactively positioned itself in the low-carbon transformation of coal power, with a successful development of ammonia co-firing technology and key equipment [1] Group 1: Company Developments - Anhui Energy (皖能电力) has made significant advancements in the field of low-carbon transformation for coal power [1] - The company's subsidiary, Ammonia Technology Co., Ltd. (氨邦科技有限公司), has successfully developed a complete set of technology and key equipment for ammonia co-firing in coal-fired power plants [1] - This achievement has been recognized by the National Energy Administration, as it was included in the third batch of major technological equipment (projects) in the energy sector [1]

Group 1: Company Overview - The company's installed capacity as of the end of Q3 is 17.87 million kW, with operational capacity at 14.67 million kW and 1.6 million kW under construction or approved [1][2] - The company's power generation for the first three quarters is approximately 46 billion kWh, reflecting a year-on-year growth of 0.71% [2] Group 2: Low-Carbon Initiatives - The company has proactively engaged in low-carbon transformation in coal power, with its subsidiary, Anbang Technology Co., successfully developing a complete set of technology and key equipment for ammonia co-firing in coal-fired power plants [2] - This technology has been recognized in the third batch of major technological equipment (projects) by the National Energy Administration [2] Group 3: Ongoing Projects - Current projects include a 300,000 kW wind power project in Anhui Province, an 800,000 kW photovoltaic base project in Xinjiang, and a 500,000 kW wind power project [2] Group 4: Market Conditions - Recent spot electricity prices have stabilized and shown positive trends [2] - There is anticipated downward pressure on utilization hours for the year [2] Group 5: Business Performance - The gas turbine business has remained profitable in the first three quarters [2]