JINKONG POWER(SZ:000767)2025-09-17 01:58Group 1: Company Performance and Impact - The overall electricity consumption in Shanxi Province increased by 7.09% year-on-year from January to August 2025, which did not negatively impact the company's electricity consumption [2] - The company's electricity generation decreased by 13.02% year-on-year in the first half of 2025, while heating supply increased by 6.95% due to upgrades at specific power plants [2][3] - The main factors affecting the company's performance are electricity volume, electricity prices, and coal prices, prompting the company to optimize operational strategies and strengthen cost control [4][5] Group 2: Future Strategies and Developments - The company plans to enhance electricity generation and utilization hours by improving unit operation and maintenance management [3] - There are considerations for developing energy storage and virtual power plant businesses to adapt to new power system requirements [3] - The company is actively involved in the construction of energy storage projects and optimizing its energy structure [3][4] Group 3: Shareholder and Market Management - The company emphasizes the protection of minority shareholders' rights and adheres to regulations regarding major shareholder share reductions [4][5] - The company is focused on improving operational efficiency and profitability to align market value with intrinsic value [5] - The company is enhancing investor relations management and improving information disclosure quality to support high-quality development and market value management [5][6] Group 4: Technological Innovations and Projects - The company is increasing R&D investment in 2025, focusing on technology innovation and optimization for coal-fired power generation [5][6] - The "flexibility transformation" of all coal-fired units has been completed, allowing for better performance in the volatile electricity market [6] - The company has ongoing projects, such as the "Same Heat Phase III 2×1000MW project," which is expected to be operational by the end of next year [6] Group 5: Market Position and Expansion - The company currently generates 97.42% of its revenue from the North China region and is considering expansion based on market demand [6] - The group company maintains a positive outlook on the company's development and aims to ensure a stable transition in the energy revolution [6][7]