Group 1: Company Overview and Project Capacity - As of the end of 2024, the total installed capacity of the company is 2,234 MW, with 853.5 MW from solar, 1,220.5 MW from wind, and 160 MW from independent storage [2] - The approved construction scale for new wind and solar projects is 1,600 MW, including 1,500 MW of wind and 100 MW of solar, with an additional 375 MW of storage capacity [2] Group 2: Project Returns - The internal rate of return (IRR) for the Xinjiang Energy Lixin Muli 500 MW wind project is 4.06% for total investment and 5.54% for equity [3] - The IRR for the Lixin Daban City 500 MW wind project is 4.7% for total investment and 6.56% for equity [3] Group 3: Pricing Mechanism - The pricing mechanism for renewable energy consists of two parts: external delivery and local consumption, with priority hours for wind and solar set at 895 and 500 hours respectively for 2025 [3] - The average trading price for new energy projects in Xinjiang is below 0.262 CNY/kWh, with price support mechanisms in place for projects [7] Group 4: Future Development and Strategy - Xinjiang Energy Group plans to inject 305 MW of renewable projects into the company, with a commitment to reduce competition and protect minority shareholders [4] - The company aims to leverage opportunities in ecological civilization construction and energy supply-side optimization during the 14th Five-Year Plan period [5] Group 5: Market Outlook - In 2024, the total electricity consumption in Xinjiang is projected to be 424.683 billion kWh, a year-on-year increase of 10.46% [6] - The renewable energy generation in Xinjiang is expected to reach 115.561 billion kWh, a growth of 29.62% compared to 2023 [6] Group 6: Challenges and Uncertainties - The long-term outlook for electricity pricing in Xinjiang remains uncertain due to pending specific implementation plans from local authorities [7] - The company is positioned to play a significant role in the development of new energy investments in the region, with ongoing projects in the "Jiang Electric Delivery" channels [6]
立新能源(001258) - 001258立新能源投资者关系管理信息20250308