baonengyuan(SZ:000690)2025-05-19 12:26Group 1: Industry Outlook - The coal power industry is expected to transition from a "base load power source" to a "flexible adjustment power source" through technological innovation and policy guidance, as part of the new power system construction [2] - National electricity consumption is projected to reach 10.4 trillion kWh in 2025, with a year-on-year growth of approximately 6% [2] Group 2: Financial Performance - In Q1 2025, the company achieved a net profit of 299 million CNY, a year-on-year increase of 46.4%, attributed to falling coal prices and internal efficiency improvements [3] - The total number of shareholders as of April 30, 2024, was 96,394 [3] Group 3: Dividend Policy - The company plans to distribute a cash dividend of 1.50 CNY per 10 shares, totaling 326 million CNY, as part of its 2024 dividend plan [4] - Over the last three years, the cumulative cash dividends amounted to 4.6 billion CNY, representing 130.82% of the average annual net profit, significantly exceeding the regulatory requirement of at least 30% [3]