宝新能源(000690) - 宝新能源调研活动信息

Group 1: Company Overview and Performance - The company, Guangdong Baoli Huawatt New Energy Co., Ltd., was listed on the Shenzhen Stock Exchange in January 1997, focusing on new energy and new financial investments as its dual core businesses [2]. - In 2020, the company achieved an operating revenue of 7.16 billion yuan, a year-on-year increase of 27.24% [2]. - The total profit reached 2.30 billion yuan, reflecting a year-on-year growth of 112.82% [2]. - The net profit attributable to shareholders was 1.82 billion yuan, with a year-on-year increase of 105.83% [2]. - Basic earnings per share were 0.84 yuan, indicating a sustained healthy development [2]. Group 2: Business Development Plans - The company aims to strengthen its core business in new energy power, focusing on a "221" development strategy, which includes two major power business segments and two energy bases with a total installed capacity of 10 million kilowatts [3]. - The company plans to enhance the operation management of the Lufeng Jiahuwan Power Plant and expedite the approval process for the second phase expansion project [3]. - In renewable energy, the company is investing in the second phase of the Lufeng Jiahuwan onshore wind farm (49.5 MW) and collaborating on offshore wind farms with a total capacity of 1,400 MW [3]. Group 3: Industry Outlook - Guangdong's economy is expected to maintain a rapid and stable growth rate, with overall electricity demand likely to exceed the national average [3]. - The electrification level in Guangdong is projected to rise to that of developed countries, driven by the development of modern industries and high-end manufacturing [3]. - The Southern Power Grid, particularly in Guangdong, has a well-structured network capable of accommodating renewable energy [3]. - With increasing governmental focus on the new energy sector, the wind power industry is anticipated to see greater investment and innovation, leading to significant cost reductions [4].