Company code: Guangzhou Development Group Incorporated(600098) company abbreviation: Guangzhou Development Group Incorporated(600098) Guangzhou Development Group Incorporated(600098)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report. In order to fully understand the company’s operating results, financial status and future development plan, investors should http://www.sse.com.cn. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness 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. 3. Directors not present
Position of director not present name of director not present reason for director not present name of principal
Director Zhang long on business trip Li Guang
4. Lixin Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 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
Based on the total share capital on the equity registration date of the company’s annual profit distribution in 2021 minus the share balance of the company’s special repurchase account, it is proposed to distribute cash dividends of RMB 1.00 (including tax) to all shareholders for every 10 shares, totaling RMB 35074352370 (the final distribution amount is calculated based on the total share capital on the equity registration date of the company’s annual profit distribution in 2021 minus the share balance of the company’s special repurchase account), The remaining undistributed profits are reserved for distribution in subsequent years. The company will not convert capital reserve into share capital in 2021.
This profit distribution plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A-share Shanghai Stock Exchange Guangzhou Development Group Incorporated(600098) Guangzhou Development Group Incorporated(600098) Guangzhou Holdings
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Wu Hong, Jiang Yun
Office address: 33 / F, No. 3, Linjiang Avenue, Tianhe District, Guangzhou 32 / F, No. 3, Linjiang Avenue, Tianhe District, Guangzhou
Tel: 0203785096802037850968
E-mail Guangzhou Development Group Incorporated(600098) @gdg.com.cn. Guangzhou Development Group Incorporated(600098) @gdg.com.cn.
2. Introduction to the company’s main business in the reporting period
(1) Development of power industry
In 2021, the electricity consumption of the whole society was 8.31 trillion kwh, with a year-on-year increase of 10.3% and a year-on-year increase of 7.2 percentage points, which was mainly affected by China’s sustained economic recovery and development, low base in the same period of last year, rapid growth of foreign trade exports and other factors. By the end of 2021, the installed capacity of power generation in China was 2.38 billion kw, with a year-on-year increase of 7.9%, of which the installed capacity of non fossil energy was 1.12 billion kw, accounting for 47.0% of the total installed capacity, with a year-on-year increase of 2.3 percentage points. It exceeded the installed proportion of coal power for the first time in history. The new power generation equipment capacity of national infrastructure was 176.29 million KW, a year-on-year decrease of 7.9%. The average utilization hours of power generation equipment in power plants with 6000 kW and above in China were 3817 hours, an increase of 60 hours year-on-year.
(2) Development of coal industry
In 2021, China’s coal consumption was 4.11 billion tons, a year-on-year increase of 4.6%, accounting for 56.0% of the total energy consumption. In 2021, the national coal price showed a situation of first rising, then falling and then rising. In the second half of the year, the coal price continued to soar, and the mainstream price quotation of 5500 kcal in the spot trade of power coal port reached a high of 2600 yuan / ton. Under a series of measures taken by the state to ensure supply and stabilize prices, the tense situation of China’s coal supply has been alleviated and the coal price has decreased.
(3) Development of natural gas industry
With the global “covid-19 epidemic” under effective control, economic recovery and extreme weather, the demand for natural gas in Europe has increased greatly. In the context of the sharp rise in international natural gas prices, China’s natural gas market shows a market trend of not light in the off-season and not busy in the peak season, and the LNG price rises sharply with the international market. In 2021, China’s apparent consumption of natural gas was 372.6 billion cubic meters, a year-on-year increase of 12.7%, and the growth rate was 7.1 percentage points faster than that of the previous year. In 2021, China’s natural gas market-oriented reform continued to advance, and the construction of “one national network” was accelerated. All terminal platforms of the state pipeline network corporation continued to promote the work of “third-party opening” and further refined the service rules during the LNG receiving window. More and more market players participate in international LNG trade.
(4) Development of new energy industry
In 2021, 47.57 million kilowatts of wind power will be added to the national grid, including 30.67 million kilowatts of onshore wind power and 16.9 million kilowatts of offshore wind power. By the end of 2021, the cumulative installed capacity of wind power in China will be 328 million KW, including 302 million KW onshore and 26.39 million KW offshore. Grid connected wind power generation was 655.6 billion kwh, a year-on-year increase of 40.5%. The average utilization hours of grid connected wind power are 2232 hours, an increase of 154 hours year-on-year. The average utilization rate of wind power in China was 96.9%, an increase of 0.4 percentage points year-on-year.
In 2021, the newly installed capacity of PV in China was 54.88 million KW, the largest annual production over the years, including 25.6 million kw of PV power stations and 29.28 million kw of distributed PV. China’s Cecep Solar Energy Co.Ltd(000591) power generation was 327 billion kwh, a year-on-year increase of 25.2%; The average utilization hours were 1281 hours, an increase of 1 hour year-on-year.
The national photovoltaic utilization rate was 98%, basically the same as that of the same period last year.
The company is engaged in the investment, development and operation of green and low-carbon comprehensive smart energy, energy conservation, environmental protection, energy finance and other businesses, providing customers with energy products such as electricity, coal, natural gas, steam and refined oil, as well as loading, unloading, transportation and storage services of natural gas, coal and oil products. Financial business mainly provides financial support for the development of energy industry and realizes the combination of industry and finance. The company is deeply engaged in South China, serves the Great Bay area of Guangdong, Hong Kong and Macao, radiates its business across the country, steadily develops overseas, actively practices the new development concept and high-quality development requirements, and constantly pursues innovation and breakthrough. It is one of the important local comprehensive energy enterprises in Guangdong Province.
Production and operation: the power and steam of the company are mainly produced by its thermal power generating units, wind power generation equipment and photovoltaic power generation equipment. Procurement mode: the company establishes long-term strategic cooperation with well-known suppliers at home and abroad through external procurement of natural gas, coal and refined oil, so as to effectively control the procurement cost.
Sales mode: the power of the company is mainly sold to end users through China Southern Power Grid, actively promoting the integrated operation mode of sales, and the sales performance is improved year by year; Natural gas, coal, refined oil, steam, etc. are transported, wholesale and sold through their own pipe networks, sales platforms
Continuously expand the scope of industrial sales chain to users.
Combination of industry and Finance: the company has stable production and operation and rich financing channels. Give full play to the professional financial support of financial companies and financial leasing companies
Financial service advantages, realize the close combination of “industry and finance” around the main business, promote the company’s resource integration and industrial coordinated development, and provide high-quality services for the company
Provide strong financial guarantee for quantity and sustainable development.
The company is one of the important local comprehensive energy enterprises in Guangdong Province, serving the Great Bay area of Guangdong, Hong Kong and Macao, and expanding to South China and China
North, East, central and southwest China are mainly engaged in comprehensive projects focusing on thermal power generation, urban gas, new energy and energy logistics
Energy business. The company’s thermal power plants are concentrated in the power load center of Guangdong, Hong Kong and Macao Dawan district. It is one of the large power generation enterprises in South China.
As of December 31, 2021, the controllable installed capacity of thermal power generation of the company is 4.0345 million KW; Wholly owned subsidiary of the company
Gas group is the only main body in the construction of urban gas high-pressure pipe network and the purchase and sale of natural gas in Guangzhou. It has a high-pressure, high-pressure and low-pressure gas pipeline network covering the whole region of Guangzhou
Medium pressure pipe network, coordinating the construction of the city’s high-pressure pipe network and the purchase and sale of upstream gas sources. Zhudian fuel company, a holding subsidiary of the company, is a subsidiary of Guangdong Province
One of the largest market coal suppliers, has maintained the first market share in the Pearl River Delta for many consecutive years, and is a national coal trading enterprise
Among the best; The company’s development Bibi company has 670000 cubic meters of large oil depot and supporting 80000 ton petrochemical professional wharf,
With standardized management, safety and reliability, it is the benchmark and model of oil storage industry in South China, and has become the methanol distribution center in South China
An enterprise with advanced customs certification and an oil depot designated by Zhengzhou Commodity Exchange for delivery. The installed capacity of controllable power generation of the company’s new energy company is
1784000 kW, ranking in the forefront among new energy enterprises in Guangdong Province.
3. Main accounting data and financial indicators of the company
3.1 main accounting data and financial indicators in recent three years
Unit: yuan currency: RMB
20212020 compared with 2019
Annual increase or decrease (%)
Total assets 58129625146674340066914560 33.944238542011019
Net assets attributable to shareholders of listed companies 23194499057131795902121656 29.151714264562244
Operating income 37910132686013164512312453 19.802953421500720
Net profit attributable to shareholders of listed companies 2026546962390347054719 -77.5780554017059
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 82320230380015326055 -98.9773514477738
Net cash flow from operating activities 201928724485228416699820 -11. Linewell Software Co.Ltd(603636) 23314093
Weighted average return on net assets (%) 1.1298 5.17 decreased by 4.04 4.76 percentage points
Basic earnings per share (yuan / share) 0.0744 0.3387 -78.03 0.2959
Diluted earnings per share (yuan / share) 0.0744 0.3387 -78.03 0.2959
3.2 main accounting data by quarter in the reporting period
Unit: yuan currency: RMB
First quarter second quarter third quarter fourth quarter
(January March) (April June) (July September) (October December)
Operating income 8975983211358874438093721026252141887979718996207
Shares attributable to listed companies
