粤电力B：2024年半年度报告摘要(英文版)
StockAbbreviation：YueDianLiA,YueDianLiBStockCode：000539，200539AnnouncementNo.：2024-48Corporatebondcode:149418Abbreviationofcorporatebond:21Yudean02Corporatebondcode:149711Abbreviationofcorporatebond:21Yudean03
GuangdongElectricpowerDevelopmentCo.,Ltd.SummaryoftheSemi-AnnualReport2024
I.ImportantnotesThissummaryoftheSemi-AnnualReportisquotedoutofthefulltextoftheSemi-AnnualReport.InvestorsdesiroustounderstandentirelytheCompany'soperationresults,financialpositionandfuturedevelopmentplanningareadvisedtocarefullyreadthefulltextoftheSemi-AnnualReportwhichispublishedinthemediumdesignatedbyCSRC.AlldirectorshaveattendedtheBoardmeetingtoconsiderthesemi-annualreportNon-standardauditor’sopinion
□Applicable√NotapplicablePreliminaryplanforprofitdistributiontothecommonshareholdersorturningthecapitalreserveintotheshare
capitalforthereportingperiod,whichhasbeenreviewedandapprovedattheboardmeeting
□Applicable√NotapplicableThecompanywilldistributenocashdividendsorbonussharesandhasnoreservecapitalizationplan.Thepreferenceshareprofitdistributionpre-planapprovedbytheBoardofDirectors
□Applicable√NotapplicableII.Basicinformationaboutthecompany
1.Companyprofile
| Stockabbreviation | YueDianLiA,YueDianLiB | Stockcode | 000539.SZ，200539.SZ | |
| Stockexchangeforlisting | ShenzhenStockExchange | |||
| Contactpersonandcontactmanner | Boardsecretary | SecuritiesaffairsRepresentative | ||
| Name | LiuWei | HuangXiaowen | ||
| Address | 35/F,SouthTower,YudeanPlaza,No.2TianheRoadEast,Guangzhou,GuangdongProvince | 35/F,SouthTower,YudeanPlaza,No.2TianheRoadEast,Guangzhou,GuangdongProvince | ||
| Tel | (020)87570251 | (020)87570251 | ||
| liuw@ged.com.cn | huangxiaowen@ged.com.cn | |||
2.MajoraccountingdataandfinancialindicatorsMaytheCompanymakeretroactiveadjustmentorrestatementoftheaccountingdataofthepreviousyears
□Yes?No
| Reportingperiod | Sameperiodoflastyear | ChangesofthisperiodoversameperiodofLastyear(%) | |
| Operatingincome（Yuan） | 26,078,790,971 | 28,340,840,884 | -7.98% |
| Netprofitattributabletotheshareholdersofthelistedcompany（Yuan） | 902,938,860 | 856,538,633 | 5.42% |
| Netprofitafterdeductingofnon-recurringgain/lossattributabletotheshareholdersoflistedcompany（Yuan） | 886,059,830 | 849,010,727 | 4.36% |
| Cashflowgeneratedbybusinessoperation,net（Yuan） | 6,006,225,071 | 2,720,370,016 | 120.79% |
| Basicearningpershare(Yuan/Share) | 0.1720 | 0.1631 | 5.42% |
| Dilutedgainspershare(Yuan/Share) | 0.1720 | 0.1631 | 5.42% |
| WeightedaverageROE(%) | 4.03% | 3.86% | 0.17% |
| Asattheendofthereportingperiod | Asattheendoflastyear | Changedoverlastyear（％） | |
| Grossassets（Yuan） | 164,569,341,102 | 161,207,283,087 | 2.09% |
| Netassetsattributabletoshareholdersofthelistedcompany（Yuan） | 22,680,612,863 | 22,141,735,460 | 2.43% |
3.Shareholdersandshareholding
Inshares
| TotalNumberofcommonshareholdersattheendofthereportingperiod | 114,297 | Numberofshareholdersofpreferredstocksofwhichvotingrightsrecoveredinthereportperiod(Ifany) | 0 | |||||
| ShareholdingsofTop10shareholders(Excludesshareslentthroughrefinancing) | ||||||||
| Shareholders | Natureofshareholder | Proportionofsharesheld（%） | Numberofsharesheldatperiod-end | Amountofrestrictedsharesheld | Numberorsharepledged/frozen | |||
| Stateofshare | Amount | |||||||
| GuangdongEnergyGroupCo.,Ltd. | State-ownedlegalperson | 67.39% | 3,538,116,921 | 1,893,454,257 | Notapplicable | 0 | ||
| GuangzhouDevelopmentGroupCo.,Ltd. | State-ownedlegalperson | 2.22% | 116,693,602 | 0 | Notapplicable | 0 | ||
| GuangdongElectricPowerDevelopmentCorporation | State-ownedlegalperson | 1.80% | 94,367,341 | 0 | Notapplicable | 0 | ||
| ZhengJianxiang | DomesticNaturalperson | 0.51% | 26,600,000 | 0 | Notapplicable | 0 | ||
| VANGUARDTOTALINTERNATIONALSTOCKINDEXFUND | OverseasLegalperson | 0.30% | 15,855,512 | 0 | Notapplicable | 0 | ||
| CHINAINTERNATIONALCAPITALCORPORATIONHONGKONGSECURITIESLTD | OverseasLegalperson | 0.29% | 15,378,366 | 0 | Notapplicable | 0 | ||
| GUOTAIJUNANSECURITIES（HONGKONG）LIMITED | OverseasLegalperson | 0.26% | 13,846,931 | 0 | Notapplicable | 0 | ||
| NOMURASINGAPORELIMITED | OverseasLegalperson | 0.24% | 12,599,843 | 0 | Notapplicable | 0 | ||
| ChaokangInvestmentCo.,Ltd. | OverseasLegalperson | 0.22% | 11,656,677 | 0 | Notapplicable | 0 | ||
| ZhouZheng | DomesticNaturalperson | 0.21% | 10,812,795 | 0 | Notapplicable | 0 | ||
| Explanationonassociatedrelationshipamongtheaforesaidshareholders | TheThirdlargestshareholderGuangdongElectricPowerDevelopmentCorporationAndtheninthlargestshareholderChaokangInvestmentCo.,Ltd.Arethewholly-ownedsubsidiariesofthelargestshareholderEnergyGroup.Thesethreecompanieshaverelationships;whethertheothershareholdershaverelationshipsorunanimousactingwasunknown | |||||||
| Explanationonshareholdersparticipatinginthemargintradingbusiness(ifany) | Notapplicable | |||||||
Informationofshareholdersholdingmorethan5%oftheshares,thetop10shareholdersandthetop10shareholdersofunrestrictedtradablesharesparticipatinginthelendingofsharesinsecuritieslendingandborrowingbusiness
□Applicable√Notapplicable
Thetop10shareholdersandthetop10shareholdersofunrestrictedtradableshareshavechangedcomparedwiththepreviousperiodduetothesecuritieslending/returning,
□Applicable√Notapplicable
4.ChangeofthecontrollingshareholderortheactualcontrollerChangeofthecontrollingshareholderinthereportingperiod
□Applicable√NotApplicableTherewasnoanychangeofthecontrollingshareholderoftheCompanyinthereportingperiod.Changeoftheactualcontrollerinthereportingperiod
□Applicable√NotapplicableTherewasnoanychangeoftheactualcontrolleroftheCompanyinthereportingperiod.
5.Numberofpreferenceshareholdersandshareholdingsoftop10ofthem
□Applicable√NotapplicableNopreferenceshareholdersinthereportingperiod
6.CorporatebondsthatexistedonthedatewhenthisReportwasauthorizedforissue
√Applicable□Notapplicable
（1）Basicinformationofcorporatebonds
| Bondname | Bondshortname | Bondcode | Issueday | Dueday | Bondbalance(InRMBI10,000) | Interestrate |
| PublicIssuanceofCorporateBondstoQualifiedInvestorsin2021(PhaseII)ofGuandongElectricPowerDevelopmentCo.,Ltd. | 21Yudean02 | 149418.SZ | April27,2021 | April28,2026 | 12,500 | 2.45% |
| PublicIssuanceofCorporateBondstoProfessionalInvestorsin2021(PhaseI)ofGuandongElectricPowerDevelopmentCo.,Ltd. | 21Yedean03 | 149711.SZ | November23,2021 | November24,2026 | 80,000 | 3.41% |
| PublicIssuanceofGreenCorporateBondstoprofessionalInvestorsin2023(phaseI)(Variety2)ofGuangdongWindPowerGenerationCo.,Ltd. | G23Yuefeng2 | 115042.SH | March20,2023 | March21,2028 | 60,000 | 3.15% |
| 2021MTN(PhaseII)ofGuangdongElectricPowerDevelopmentCo.,Ltd. | 21YudeanFaMTN002 | 102102318.IB | November15,2021 | November17,2024 | 220,000 | 3.13% |
| 2022MTN(PhaseI)ofGuangdongElectricPowerDevelopmentCo.,Ltd. | 22YudeanFaMTN001 | 102281929.IB | August24,2022 | August26,2027 | 60,000 | 2.9% |
| 2023MTN(PhaseI)ofGuangdongElectricPowerDevelopmentCo.,Ltd. | 23YudeanFaMTN001 | 102380558.IB | March15,2023 | March17,2028 | 160,000 | 3.35% |
| 2024MTN(PhaseI)ofGuangdongElectricPowerDevelopmentCo.,Ltd. | 24YudeanFaMTN001 | 102482034.IB | May22,2024 | May24,2029 | 100,000 | 2.41% |
| 2024MTN(PhaseII)ofGuangdongElectricPowerDevelopmentCo.,Ltd. | 24YudeanFaMTN002 | 102483012.IB | July11,2024 | July15,2034 | 150,000 | 2.54% |
| GuangdongElectricPowerDevelopmentCo.,Ltd.Co., | 24YudeanFa | 012481357.IB | April18,2024 | October16,2024 | 100,000 | 1.84% |
| Ltd.2024IphaseUltra-shorttermfinancingbills | SCP001 | |||||
| MTN(PhaseI)(Sustainablelingged)ofGuangdongPinghaiPowerGenerationPlantCo.,Ltd.of2021 | 21PinghaiFaMTN001 | 102102049.IB | October13,2021 | October15,2024 | 30,000 | 3.72% |
（2）Financialindicatorsasoftheendofthereportingperiod
InRMBI10,000
| Items | Attheendofthereportingperiod | Attheendoflastyear |
| Debtratio | 79.05% | 78.96% |
| Items | Amountofthisperiod | Amountoflastperiod |
| EBITDATimeinterestearnedratio | 4.09 | 4.12 |
III.Significantevents
Inthefirsthalfof2024,affectedbyeconomicandotherfactors,theelectricitydemandinGuangdongProvincehasrisensteadily,andtheelectricityconsumptionofthewholesocietyinGuangdongProvincefromJanuarytoJunewas413.42billionkWh,anincreaseof8.5%YOY;Amongthem,theelectricityconsumptionofthesecondaryindustryaccountedfor59.1%ofthetotalelectricityconsumptionofthewholesociety,drivingthegrowthofelectricityconsumptionofthewholesocietyby4.9percentagepoints,whichwashigherthanthesumoftheelectricityconsumptionofthetertiaryindustryandresidents.Duringthereportingperiod,theCompanycompletedatotalof53.904billionkWhofon-gridelectricityinconsolidatedstatement,anincreaseof0.84%YOY.AccordingtothedataoftheGuangdongProvincialElectricPowerTradingCenter,in2024,theamountofelectricitytradedinbilateralnegotiatedtransactionsinGuangdongProvinceis243.114billionkWh,withanaveragetransactionpriceof465.64yuan/thousandKWh,aYOYdecreaseof15.93%;Inthefirsthalfof2024,theaveragepriceofelectricitysoldintheconsolidatedstatementwas539.50yuan/thousandkWh,aYOYdecreaseof52.36yuan/thousandkwhoradecreaseof8.85%.Operatingrevenueamountedto26.079billionyuan,decreasedby2.262billionyuanor7.98percentYOY.Duringthereportingperiod,benefitingfromthecompletionandcommissioningofnewunitsofcleanenergyandrenewableenergy,theCompanyachievedyear-on-yeargrowthinfeed-inelectricity.TheCompanyfullygraspedthefavourableconditionsofthecurrentdropinfuelprices,carriedoutin-depthworkonenergyconservationandconsumptionreduction,strengthenedthecontroloffinancingcosts,improvedtheefficiencyoftheuseoffunds,andeffectivelyhedgedtheadverseimpactofthedropinelectricitypriceswithcomprehensivemeasures.TheCompany'snetprofitattributabletotheparentcompanyinthefirsthalfof2024was902.94millionyuan,anincreaseof46.4millionyuanYOY.Amongthem,theCompany'scoal-firedpowerbusinessachievedanetprofitattributabletotheparentcompanyof305.8millionyuan;thenetprofitattributabletotheparentcompanyofthegaselectricitybusinesswas143.73millionyuan;thenetprofitattributabletotheparentcompanyofthehydropowerbusinesswas-10.15millionyuan;thenetprofitattributabletotheparentcompanyofthenewenergybusinesswas198.43millionyuan;TheCompany'sinvestmentbusinessachievedanetprofitattributabletotheparentcompanyof211.47millionyuan.AsofJune2024,theCompanyhasatotalofabout5,778,500kilowattsofwindpower,photovoltaicandothernewenergyinstalledcapacity,includingapproximately2,201,500kilowattsofoffshorewindpower,
approximately1,193,400kilowattsofonshorewindpower,andapproximately2,383,500kilowattsofphotovoltaicpowergeneration.Inthefirsthalfof2024,theCompanyadded834,500kilowattsofnewenergyinstalledcapacity,including600,000kilowattsofwindpowerand234,500kilowattsofphotovoltaicpower;ThetotalinstalledcapacityofXinjiangShachePhotovoltaicandotherprojectsunderconstructionis3.25millionkilowatts;theprojectswithacapacityof2.335millionkilowattshavebeencompletedthroughdecision-makingofconstructionandsigningofacquisitionagreement;andthescaleofnewenergyprojectsapprovedbytheCompanyforfilingandforwhichthetargethasbeenobtainedisapproximately6.204millionkilowatts.Inthefuture,theCompanywillcontinuetoactivelygraspthedevelopmenttrendofacceleratingenergytransformationunderthegoalsof"carbonpeak"and"carbonneutrality",implementthe"1310"deploymentoftheGuangdongProvincialPartyCommittee,activelyexpandnewenergyprojectresourcesthroughself-constructionandacquisition,andmakeeveryefforttopromotetheleapfrogdevelopmentofnewenergyandbuildanecologicalcivilizationpowergenerationenterprise.