JEI(000600)2024-07-15 08:22Group 1: Power Generation Performance - In the first half of 2024, the company achieved a total power generation of 22.996 billion kWh, representing a year-on-year growth of 16.96% [1] - The total on-grid electricity reached 21.308 billion kWh, with a year-on-year increase of 16.67% [1] - In Q2 2024, the power generation was 10.249 billion kWh, showing a year-on-year growth of 12.26%, while the on-grid electricity was 9.444 billion kWh, up by 11.92% [1] Group 2: Financial Performance - The net profit attributable to shareholders for the first half of 2024 is approximately 320 million yuan, an increase of 279.68% year-on-year [1] - The company has a profit distribution policy that mandates a minimum of 30% of distributable profits to be distributed as cash dividends [3] - For the 2023 profit distribution plan, the company proposed a cash dividend of 0.80 yuan per 10 shares, totaling 145 million yuan, which accounts for 86.67% of the net profit [3] Group 3: Market and Project Developments - The company is actively preparing for the implementation of long-cycle settlement in the Hebei region's electricity market, with two trial settlements already conducted in 2023 [2] - The capacity electricity price in Hebei is set at 100 yuan per kW (including tax), with monthly settlements based on the maximum output of the units [2] - In 2023, the company plans to start construction on several projects, including the Xibaipo Power Plant Phase IV and Renqiu Thermal Power Phase II, with a total capacity of 2 × 66 MW and 2 × 35 MW respectively [2] Group 4: Nuclear Power Investment - The company is involved in the Hebei Cangzhou Haixing Nuclear Power Project, which plans to construct six 1 million kW nuclear power units, included in the national "14th Five-Year Plan" [2]