2022-11-21 16:20Group 1: Operational Performance - In the first half of 2021, the company operated 24 nuclear power units, generating approximately 95.227 billion kWh, an increase of 4.878 billion kWh (5.40%) compared to the same period last year [2] - The company completed 11 planned major repairs by the end of Q2, with a total of 408 repair days, an increase of 208 days from the previous year [2] - The company expects better utilization hours in the second half of the year due to only 5 remaining major repairs [3] Group 2: Project Development - The company is managing 7 units under construction and aims for high-quality commissioning of the Hongyanhe Unit 5 [3] - The company is preparing for new project approvals and expects orderly progress in obtaining permits for new projects [4] Group 3: Market Dynamics - The decrease in nuclear power generation in Guangdong is attributed to major repairs at Daya Bay and Taishan, with Daya Bay's output down by 12.14% and Taishan's by 13.28% [3] - The company is actively seeking to increase power generation in response to high demand in Guangdong, which has a long-term contract volume of 2 billion kWh [5] Group 4: Future Outlook - The company plans to reduce construction costs for new units through batch construction, innovation, and project progress control [4] - The impact of increased wind and solar power on the company's existing units is expected to be minimal, as nuclear power remains a stable baseload source [4] - The market price trends in Guangdong are expected to stabilize, influenced by the recent introduction of spot trading [5]