2025-08-28 12:10Group 1: Economic and Industry Overview - In the first half of 2025, China's economy maintained stable operation, with a rebound in overall electricity consumption growth [1] - Non-fossil energy installed capacity exceeded 60% in the first half of 2025, indicating ongoing progress in the green and low-carbon energy transition [2] Group 2: Company Performance and Projects - The company managed nuclear power units generated approximately 113.36 billion kWh of electricity, a year-on-year increase of 6.93% [2] - The company completed 8 annual overhauls and 2 ten-year overhauls in the first half of 2025, totaling about 414 days, which is a reduction of approximately 109 days compared to the previous year [3] - The company’s revenue for the first half of 2025 was RMB 39.167 billion, a decrease of 0.5% year-on-year, while net profit attributable to shareholders was RMB 5.952 billion, down approximately 16.3% [4] Group 3: Environmental Impact - The company’s operations contributed to a reduction of approximately 34.09 million tons of standard coal consumption and a decrease of about 10.7 million tons of CO2 emissions, supporting national "dual carbon" goals [3] Group 4: Market and Financial Insights - The company’s market-based transaction ratio was approximately 56.1% in the first half of 2025, slightly up from the previous year, although the average market transaction price decreased due to overall market price declines [4] - Cash inflow from operating activities was RMB 46.68 billion, an increase of 1.3% year-on-year, indicating stable cash flow [4] Group 5: Future Plans and Acquisitions - The company plans to expedite the acquisition of shares in Huizhou Nuclear Power and three other companies, aiming to complete the transaction by the end of 2025 [2][6] - The company is preparing for the 2026 electricity market transactions by closely monitoring market conditions and enhancing marketing efforts [4]