宝新能源(000690) - 宝新能源调研活动信息

Group 1: Operational Overview - In the first three quarters of 2022, the company's electricity generation increased by 30.56%, achieving a historical high with a revenue of 3.183 billion CNY and a net profit of 181 million CNY, reflecting a stable and healthy development [2] - The main performance drivers in Q3 were improvements in electricity volume, electricity prices, and coal prices [2] Group 2: Project Development - The expansion project for units 3 and 4 of the Guangdong Lufeng Jiahuwan Power Plant officially commenced on November 26, 2022, with a total construction period of approximately 22+3 months, expected to be operational by the end of 2024 and early 2025 [3] - The approval situation for newly approved thermal power units in Guangdong is favorable for the company's future power project applications [3] Group 3: Coal Price Strategy - The company plans to adapt its coal procurement strategy based on market price fluctuations to optimize coal costs and enhance profitability [3] - Efforts will be made to increase the coverage rate of long-term coal contracts to reduce overall procurement costs [3] Group 4: Flexibility and Sustainability Initiatives - The company will monitor policies and technical solutions related to the flexibility transformation of thermal power units, selecting the most suitable options based on actual conditions [3] - In alignment with the "dual carbon" goals, the company aims to strengthen its core energy and power business while exploring new financial investments, smart energy, energy storage, and new energy service technologies for sustainable development [3]