YEIC(SZ:002053)2025-05-22 11:34Group 1: New Energy Projects - The company has completed the project filing and feasibility review for the 350MW compressed air energy storage demonstration project in Kunming Anning, and has submitted it to the Yunnan Provincial Energy Bureau for approval as a major technical equipment project in the energy sector [2] - The company is actively pursuing the development rights for new energy projects while advancing the 670,000 kW wind power expansion project and the 85,000 kW photovoltaic project [3] - The 670,000 kW wind power expansion project aims to be fully connected to the grid within the year, while the 85,000 kW photovoltaic project is currently in the project initiation phase, with a construction period of approximately 6 months once bidding is completed [3] Group 2: Financial Performance and Strategy - The natural gas segment is expected to incur a loss of approximately CNY 160 million in 2024, with a 52.51% ownership stake impacting the company by around CNY 80 million [2] - Despite an increase of 52% in natural gas sales volume compared to the previous year, fixed costs such as labor, depreciation, and interest have risen, leading to losses [2] - The company emphasizes a long-term strategy focused on the development of the new energy sector, enhancing green energy supply security and resource utilization capabilities [3] Group 3: Shareholder Returns and Incentives - The company is committed to a proactive, sustainable, and stable dividend policy, aiming to share operational results with all shareholders and enhance investor satisfaction [3] - The company is continuously improving its incentive mechanisms, linking compensation distribution to performance, and expanding the management contract system to middle management [3]