MXEP(SH:600101)2023-11-29 10:13Group 1: Event Overview - The "Investor Walk into Listed Company" event was held on November 28-29, 2023, aimed at enhancing communication between the company and investors [1] - Participants included the Chairman, General Manager, and representatives from 10 research institutions, totaling 21 attendees [1] Group 2: Financial Performance - In the first three quarters of 2023, the company's profit increased significantly due to a 9.36% rise in electricity sales, with industrial sales up by 16.77% [2] - The profit from wholly-owned subsidiaries reached 49.86 million yuan, a 24.19% increase year-on-year [2] - Investment income from the joint venture with Sichuan Huaren Wantong Gas Co., Ltd. grew by 20.76% compared to the previous year [2] Group 3: Electricity Generation and Sales - The proportion of self-generated electricity in total sales has decreased from 19.08% in 2021 to approximately 11.87% in the first three quarters of 2023 [2] - The company expects a slight decrease in water inflow for Q4 2023, impacting electricity sales [2] Group 4: Market and Regulatory Environment - The company operates under government-mandated pricing policies, with electricity prices fluctuating based on supply and demand [4] - The third regulatory cycle for electricity pricing was implemented on June 1, 2023, with stable operations reported [4] Group 5: Future Outlook and Development Plans - The company aims to achieve a revenue target of 2.45 billion yuan for 2023, with a strong likelihood of meeting this goal [3] - Future capital expenditures will focus on upgrading electricity and water networks, with over 5 billion yuan planned annually during the 14th Five-Year Plan [6] - The lithium battery industry in Suining is projected to grow significantly, with an expected industry scale exceeding 80 billion yuan [7] Group 6: Risks and Investor Communication - The company emphasizes the importance of rational investment and warns investors to refer to official announcements for accurate information [9]