GCEG(SZ:002060)2026-01-22 10:02Group 1: Company Orders and Projects - As of September 30, 2025, the company has a remaining contract amount of approximately ¥185.1 billion for signed but uncompleted construction projects, and has won new projects worth approximately ¥26 billion [2] - The company's engineering construction business is primarily concentrated in Guangdong Province [2] Group 2: Clean Energy Projects - As of December 23, 2025, the total installed capacity of the company's operational clean energy projects is 5,094.52 MW, including hydropower (380.50 MW), wind power (800.36 MW), and photovoltaic power (3,613.66 MW) [3] - The company's clean energy projects are mainly located in Xinjiang, Gansu, Guangdong, Hunan, and Shandong [3] Group 3: Energy Storage and Financial Management - The company has completed independent energy storage projects, including a 100 MW/200 MWh project in Guangdong and a 200 MW/800 MWh project in Xinjiang [3] - The cash flow from operating activities for the first three quarters of 2025 has decreased significantly due to local government debt policies and the timing of payments [3] - The company emphasizes the management of accounts receivable by actively pursuing collections and ensuring timely cash flow [4] Group 4: Debt Management and Shareholder Returns - To reduce the debt-to-asset ratio, the company plans to strengthen project settlement processes, enhance accounts receivable collection, and diversify financing channels [4] - The company has consistently prioritized shareholder rights and has conducted cash dividends annually since its listing [4]