YEIC(SZ:002053)2024-11-15 11:55Group 1: Company Development and Strategy - The controlling shareholder, Yunnan Energy Investment Group, fully supports the company in enhancing its renewable energy business through a framework agreement for project cultivation [1] - The company has signed a management agreement with Yunnan Rongyao New Energy Co., Ltd., granting it priority purchase rights for photovoltaic projects that meet listing conditions [2] Group 2: Project Status and Compliance - The current status of the cultivation projects is in the construction or trial operation phase, while the managed photovoltaic projects are undergoing compliance rectifications [2] - The company is actively working on compliance issues and national subsidy verifications for its photovoltaic projects [2] Group 3: Pricing and Market Conditions - From 2021 to 2023, projects connected to the grid will continue to follow the 2023 pricing mechanism, with compensation based on the average trading price of clean energy [2] - The average market trading price for electricity has increased by 0.0114 yuan/kWh compared to the previous year [2] Group 4: Financial Performance - In the first three quarters of 2024, the renewable energy segment achieved a net profit of 511 million yuan, a year-on-year increase of 125.80% [3] - The salt segment reported a net profit of 7.834 million yuan, while the natural gas segment incurred a net loss of 80.997 million yuan, impacting the overall net profit by 42.5315 million yuan [3] Group 5: Project Costs and Future Plans - Wind power construction costs range from 4,500 to 5,300 yuan/kW, while photovoltaic costs are between 3,000 and 3,800 yuan/kW [3] - The group plans to complete the asset injection within one year after meeting all conditions, utilizing various financing methods based on the company's financial status and project needs [3]