abu6500c3| Commentary on the operation of the board of directors of China Green Power in the first quarter of 2024

editor|
15

The operating comments of the board of directors of China Green Power (000537) in the first quarter of 2024 are as follows:

(1) Production and operation

1abu6500c3. underlying financial position

During the reporting period, the company achieved operating income of 8abu6500c3.56 billion yuan, down 2.00% year-on-yearabu6500c3; Net profit attributable to shareholders of listed companies was 167 million yuan, a year-on-year decrease of 28.79%abu6500c3; Achieve basic earnings per share of 0.09 yuan/share; the weighted average return on equity was 0.97%, a year-on-year decrease of 0.44 percentage points. As of the end of the first quarter of 2024, the company's total assets were 71.505 billion yuan, and the net assets attributable to shareholders of listed companies were 17.333 billion yuan.

2. Completion status of power generation

During the reporting period, the company's cumulative power generation capacity was 2.047 billion kilowatt-hours, a year-on-year decrease of 5.28%. Among them, wind power generated 1.705 billion kilowatt-hours, a year-on-year decrease of 6.58%; photovoltaic power generated 323 million kilowatt-hours, a year-on-year increase of 5.21%. The company has completed a total of 1.984 billion kilowatt-hours of on-grid electricity, a year-on-year decrease of 5.34%. During the reporting period, the company's average utilization hours of wind power were 510 hours, a year-on-year decrease of 37 hours; the average utilization hours of photovoltaic power generation were 341 hours, a year-on-year decrease of 17 hours.

abu6500c3| Commentary on the operation of the board of directors of China Green Power in the first quarter of 2024