Company code: China Suntien Green Energy Corporation Limited(600956) company abbreviation: China Suntien Green Energy Corporation Limited(600956) bond Code: 155956 SH bond abbreviation: G19 new Y1 bond Code: 175805 SH bond abbreviation: G21 new Y1 China Suntien Green Energy Corporation Limited(600956)
Annual report for 2021
Important tips
1、 The board of directors, board of supervisors, directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and integrity of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 2、 All directors of the company attended the board meeting. 3、 Ernst & Young Huaming Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 4、 Cao Xin, the person in charge of the company, fan Weihong, the person in charge of accounting, and Yang Zhanqing, the person in charge of the accounting organization (the person in charge of Accounting), declare that they guarantee the authenticity, accuracy and completeness of the financial report in the annual report. 5、 The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
In 2021, the net profit attributable to the shareholders of the parent company in the audited consolidated statements of the company was RMB 21 Bros Eastern Co.Ltd(601339) 6916, and the undistributed profit was RMB 631651389420. The company plans to distribute cash dividends of RMB 1.67 (tax included) for every 10 shares based on the total number of 4187093073 shares issued on the date of the meeting of the board of directors approving the profit distribution plan for 2021, with a total cash dividend of RMB 69924454319. The remaining undistributed profits of the company are carried forward to the next year. The total cash dividends proposed in the plan account for 32.37% of the net profit attributable to the shareholders of the parent company in the consolidated statements of the company in 2021.
If the total share capital of the company changes before the equity registration date of equity distribution, the company plans to maintain the total distribution unchanged, adjust the distribution amount per share accordingly, and will announce the specific adjustment separately. 6、 Risk statement of forward-looking statements √ applicable □ not applicable
The development strategy, future business plan and other forward-looking statements involved in this report do not constitute the company’s substantive commitment to investors. Please understand the differences between plans, forecasts and commitments and pay attention to investment risks. 7、 Whether there is any non operational occupation of funds by the controlling shareholders and their related parties? VIII. Whether there is any external guarantee in violation of the specified decision-making procedures? IX. whether more than half of the directors cannot guarantee the authenticity, accuracy and integrity of the annual report disclosed by the company? X. major risk tips
The company has described in detail the possible relevant risks and Their Countermeasures in this report. Please refer to the description of the risks faced by the company in relevant chapters such as “section V Management Discussion and analysis” of this report.
11、 Others □ applicable √ not applicable
catalogue
Section 1 interpretation Section II speech by the chairman of the board of Directors Section 3 Company Overview Section 4 company profile and main financial indicators 12 section V Management Discussion and Analysis Section VI corporate governance and Corporate Governance Report Section 7 environmental and social responsibility 66 Section VIII important matters Section IX report of the board of directors Section 10 report of the board of supervisors 87 section 11 changes in shares and shareholders 88 section 12 preferred shares 96 section 13 information about bonds 97 section XIV financial report one hundred and four
Accounting statements containing the signatures and seals of the legal representative, the person in charge of accounting and the person in charge of accounting institutions (Accounting executives)
The catalogue of documents for future reference contains the original audit report sealed by the accounting firm and signed and sealed by the certified public accountant
The originals of all announcement documents and announcements publicly disclosed on the information disclosure media designated by the CSRC during the reporting period
2021 annual report signed by the chairman
Section I interpretation
1、 Interpretation in this report, unless the context otherwise requires, the following words have the following meanings: Interpretation of common words
Availability refers to the time that a power plant can generate electricity in a period after it starts commercial operation, divided by the time in that period
Average utilization hours refers to the total holding power generation (in megawatt hours or gigawatt hours) over a specific period of time divided by the holding installed capacity (in megawatt hours or gigawatt hours) over a period of time
The company / company refers to China Suntien Green Energy Corporation Limited(600956)
The group / group refers to the company and its wholly-owned and holding subsidiaries
Financial statements refer to the audited financial statements for the year ended December 31, 2021
The total power generation of the holding company refers to the total power generation of the project company comprehensively consolidated in the consolidated financial statements of the group. For a specific period, the total power generation of a power plant in that period includes net sales, auxiliary power and power generated during construction and testing
The holding installed capacity refers to the total installed capacity or operating capacity (as the case may be) of the project company comprehensively consolidated in the consolidated financial statements of the group, which is included in 100% of the installed capacity or operating capacity of the project company comprehensively consolidated as a subsidiary in the consolidated financial statements of the group.
The holding installed capacity and holding operating capacity do not include the capacity of the group’s associates
Total power generation refers to the total power generation of a power plant during a specific period, including net sales, auxiliary power and power generated during construction and testing
Gigawatt is the unit of power, 1 gigawatt = 1000 megawatts
GWH is a unit of energy, GWH. 1 GWH = 1 million kwh. GWH is usually used to measure the annual power generation of a large wind farm
Hebei construction investment refers to Hebei Construction Investment Group Co., Ltd., a state-owned enterprise established in China and the controlling shareholder of the company. It is mainly engaged in the investment and construction of basic industries, infrastructure and provincial pillar industries such as energy, transportation, water and commercial real estate
Group finance company refers to Hebei Construction Investment Group Finance Co., Ltd., a limited liability company established in China. It is a non bank financial institution regulated by the people’s Bank of China and the China Banking and Insurance Regulatory Commission. It is a non wholly-owned subsidiary of Hebei Construction Investment
Construction investment water refers to Hebei Construction Investment Water Investment Co., Ltd., which is incorporated in China and is a subsidiary of Hebei Construction Investment and one of the promoters of the company
Construction investment transportation refers to Hebei Construction Investment Transportation Investment Co., Ltd., registered in China and a subsidiary of Hebei Construction Investment
Jointo Energy Investment Co.Ltd.Hebei(000600) refers to Jointo Energy Investment Co.Ltd.Hebei(000600) , a company listed on Shenzhen Stock Exchange (Stock Code: Jointo Energy Investment Co.Ltd.Hebei(000600) ), controlled by Hebei Construction Investment, formerly known as Shijiazhuang International Building (Group) Co., Ltd
Caofeidian company refers to Caofeidian Xintian Liquefied Natural Gas Co., Ltd., a limited liability company incorporated in China on March 22, 2018, which is a subsidiary of the company
Hong Kong dollars means Hong Kong dollars, the lawful currency of Hong Kong
Hong Kong means the Hong Kong Special Administrative Region of the people’s Republic of China
Stock exchange of Hong Kong means the stock exchange of Hong Kong Limited
Installed capacity refers to the fully installed and completed fan capacity
Kilowatt refers to the unit of power, kilowatt. 1 kW = 1000 watts
Kilowatt hour refers to the unit of energy, kilowatt hour. The standard unit of energy used in the power industry, that is, the energy consumed by a kilowatt hour of electrical appliances in one hour
Hebei natural gas refers to Hebei Natural Gas Co., Ltd., a non wholly-owned subsidiary of the company
Hebei construction investment new energy refers to Hebei Construction Investment New Energy Co., Ltd., which is a wholly-owned subsidiary of the company
China Gas refers to Hong Kong China Gas Co., Ltd., a company listed on the stock exchange (Stock Code: 3)
Hebei Zhonghua Gas Co., Ltd., a wholly-owned subsidiary of Hebei Zhonghua Gas Co., Ltd. and an indirect subsidiary of Hebei Zhonghua Gas Co., Ltd
Fengning pumped storage company refers to Hebei Fengning pumped storage Co., Ltd., which is a joint-stock company with 20% equity held by the company
CCDI Guorong refers to Hebei CCDI Guorong Energy Service Co., Ltd., a non wholly-owned subsidiary of Jointo Energy Investment Co.Ltd.Hebei(000600)
Hong Kong Listing Rules means the rules governing the listing of securities on the stock exchange of Hong Kong Limited
A-share Listing Rules refer to the Listing Rules of Shanghai Stock Exchange
LNG refers to liquefied natural gas
CNG refers to compressed natural gas
Megawatt refers to the unit of power, megawatt. 1 MW = 1000 kW. The installed capacity of the power plant is usually expressed in megawatts
Megawatt hour is a unit of energy, megawatt hour. 1 MWh = 1000 kWh
National energy administration means the National Energy Administration of the people’s Republic of China
National Development and Reform Commission refers to the national development and Reform Commission of the people’s Republic of China
Operating capacity refers to the capacity of the wind turbine that has been connected to the power grid and started generating electricity
Projects under construction means that the project company has obtained approval and the detailed engineering and construction blueprint has been completed, and the construction of roads, foundations and power infrastructure has been started for these projects
The reporting period refers to the accounting period from January 1, 2021 to December 31, 2021
Yuan, RMB 1000, RMB 10000 and RMB 100 million refer to RMB, RMB 1000, RMB 10000 and RMB 100 million
Corporate governance code means the corporate governance code set out in Appendix 14 to the Hong Kong listing rules
Securities and Futures Ordinance means the securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong)
The standard code refers to the standard code for securities transactions by directors of Listed Issuers set out in Appendix 10 to the Hong Kong listing rules
Shanghai stock exchange refers to Shanghai Stock Exchange
CSRC refers to the China Securities Regulatory Commission
A shares
