MXEP(600101)2024-08-14 08:42Financial Performance - The company's profit in the first half of 2024 decreased year-on-year due to an increase in operating costs exceeding revenue growth [1] - The main reasons for the profit decline include reduced self-generated electricity due to lower upstream water levels and increased depreciation from fixed assets [1] - The cash dividend ratio for the year is 23.50%, with a significant amount of undistributed profits available [1] Water Supply and Pricing - The company has not received any notifications regarding water price adjustments from local government price authorities [2] - The pricing mechanism for urban water supply is based on cost audits and government pricing principles, aiming to enhance water supply quality and promote water conservation [2] Strategic Development - The company aims to strengthen its core business and enhance operational efficiency by focusing on power generation and expanding into comprehensive energy services [2] - Future growth points include optimizing traditional construction and power design businesses while actively expanding into market-oriented electricity sales, electric vehicle charging, and energy management services [2] Infrastructure and Investment - The company plans to accelerate the construction of new power infrastructure, including various transmission and transformation projects to enhance supply capacity and competitiveness [1] - Ongoing projects include the construction of 110kV and 220kV substations and the upgrade of rural power grids [1]