CQGAS(SH:600917)2024-12-05 07:35Group 1: User Gas Consumption - The proportion of non-residential gas usage is less than 60%, with residential gas accounting for over 40% of the total user base [1] - Among non-residential gas users, industrial gas usage is the highest, followed by commercial gas and CNG [1] Group 2: Future Sales Volume Expectations - The company has not disclosed specific sales volume guidance; details will be provided in regular financial reports [1] Group 3: Depreciation Trends - The company has adjusted the pipeline depreciation period to 30 years in 2023, in accordance with relevant regulatory documents [1] Group 4: External Growth and Market Expansion - In the first three quarters of the year, the company achieved breakthroughs in new county-level gas supply areas, further advancing its gas business layout [2] - The company signed project agreements for one district and received approval for the Wulong project, entering the new company preparation phase [2] - As of the end of September, the company has operated 29 comprehensive energy projects, including 19 distributed energy projects and 2 distributed photovoltaic projects [2] Group 5: Dividend Policy - The company has set a dividend payout ratio of 30% for 2023 and has disclosed a three-year dividend plan for 2024-2027, focusing on cash dividends [2] - The company will distribute no less than 30% of the distributable profits each year after sufficient reserve fund allocation [2]