Guangdong Baolihua New Energy Stock Co.Ltd(000690)
Annual report for 2021
April 15, 2022
Section I important tips, contents and definitions
Important tips
1、 The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee that the contents of the annual report are true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities.
2、 Mr. Zou Jinkai, the chairman of the company, Ms. Ding Zhenzhen, the person in charge of accounting and Ms. Guo Xiaoyan, the person in charge of accounting organization, declare that they guarantee the authenticity, accuracy and completeness of the financial report in this annual report.
3、 All directors attended the meeting of the board of directors to consider the annual report in person.
4、 This annual report has been issued with standard unqualified audit report by Dahua Certified Public Accountants (special general partnership).
5、 This annual report involves forward-looking statements such as future plans, which does not constitute the company’s substantive commitment to investors. Investors and relevant persons should maintain sufficient risk awareness and understand the differences between plans, forecasts and commitments.
6、 According to the relevant regulations of the Shenzhen Stock Exchange, the company fulfills the information disclosure requirements with reference to “Chapter V power supply industry” of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 3 – industry information disclosure.
7、 The company has disclosed in this report the major risks that may adversely affect the realization of the company’s future development strategy and business objectives. Please refer to the relevant contents in “section III Management Discussion and analysis”. 8、 The profit distribution plan for the reporting period and the plan for converting capital reserve into share capital considered by the board of directors of the company are as follows: Based on the total share capital of the company at the end of 2021, 2175887862 shares, a cash dividend of RMB 0.50 (including tax) is distributed to all shareholders for every 10 shares, with a total distributed profit of RMB 10879439310, and the remaining undistributed profits are carried forward for annual distribution in the future. No bonus shares will be given this time, and no capital reserve will be converted into share capital.
catalogue
Section I important tips, contents and definitions [1] Section II Company Profile and main financial indicators [6] Section III Management Discussion and analysis [10] Section IV corporate governance [28] section V environmental and social responsibility [43] section VI important matters [46] Section VII changes in shares and shareholders [54] Section VIII preferred shares [58] section IX relevant information of bonds [58] section x financial report [59]
Directory of documents for future reference
1、 Financial statements containing the signatures and seals of the person in charge of the company, the person in charge of accounting work and the person in charge of accounting organization (Accounting Supervisor).
2、 The original of the audit report with the seal of the accounting firm and the signature and seal of the certified public accountant.
3、 Originals of all company documents and announcements publicly disclosed during the reporting period.
4、 Annual reports published in other securities markets.
interpretation
General terms:
The company, Guangdong Baolihua New Energy Stock Co.Ltd(000690) refers to Guangdong Baolihua New Energy Stock Co.Ltd(000690)
Controlling shareholder and baolihua group refer to Guangdong Baolihua Group Co., Ltd., the controlling shareholder of the company
Baolihua power refers to Guangdong Baolihua Power Co., Ltd., a wholly-owned subsidiary of the company
Lufeng power refers to Lufeng baolihua new energy power Co., Ltd., a wholly-owned subsidiary of the company
Baoxin asset refers to Guangdong Baoxin Asset Management Co., Ltd., a wholly-owned subsidiary of the company
Baoxin leasing refers to Baoxin Financial Leasing Co., Ltd., a wholly-owned subsidiary of the company
Baoxin power sales refers to Guangdong Guangdong Baolihua New Energy Stock Co.Ltd(000690) Power Sales Co., Ltd., a wholly-owned subsidiary of the company
Baolihua construction refers to Guangdong Baolihua Construction Engineering Co., Ltd., a wholly-owned subsidiary of the original company, which was cancelled in May 2021.
Credit treasure refers to Guangdong credit treasure credit investigation Management Co., Ltd., the former holding subsidiary of the company, which was cancelled in June 2021.
Baoxin No. 3 refers to Baoxin No. 3 private investment fund, a non-public securities investment fund, which was initiated and established by Guangdong Baoxin Asset Management Co., Ltd., a wholly-owned subsidiary of the company, in March 2017 and served as the fund manager
Shanghai Huafeng refers to Shanghai Huafeng Asset Management Center (limited partnership), and Guangdong Baoxin Asset Management Co., Ltd., a wholly-owned subsidiary of the company, acts as a limited partner (LP)
Xinyu Huabang refers to Xinyu Huabang Investment Management Center (limited partnership), and Guangdong Baoxin Asset Management Co., Ltd., a wholly-owned subsidiary of the company, acts as a limited partner (LP)
Meizhou merchants bank refers to Meizhou Merchants Bank Co., Ltd., a joint-stock company of the company
Guojin fund refers to Guojin Fund Management Co., Ltd., a joint-stock company of the company
China Greatwall Securities Co.Ltd(002939) refers to China Greatwall Securities Co.Ltd(002939) , a joint-stock company of the company
Huatai Insurance refers to Huatai Insurance Group Co., Ltd., a joint-stock company of the company
Baolianfu refers to baolianfu Investment Management Co., Ltd., a joint-stock company of the company
Shenzhen Weijin Institute refers to Shenzhen Weijin Institute Financial Information Service Co., Ltd., a joint-stock company of the company
Dongfang Fuhai refers to Shenzhen Dongfang Fuhai Investment Management Co., Ltd., a joint-stock company of the company
The resource comprehensive index of Heshuyuan power plant in Meixian County is operated by Guangdong Baolihua Power Co., Ltd. and is located in the power operation assets of heshuhe utilization base Park, Bingcun Town, Meixian District, Meizhou City, Guangdong Province. It governs Heshuyuan power plant in Meixian County
It is operated by Guangdong Baolihua Power Co., Ltd. and is located in the power operation assets of comprehensive utilization of resources of Heshuyuan power plant in Meixian County. There are 6 circulating fluidized bed generator units for comprehensive utilization of coal gangue and inferior coal resources in Jimei County, with a total installed capacity of 1.47 million KW
Lufeng Jiahu Bay clean energy base is operated by Lufeng baolihua new energy power Co., Ltd. and is located in the power operation assets of Jiahu Bay, Donghu dizhi Town, Lufeng City, Shanwei City, Guangdong Province. It has jurisdiction over Lufeng Jiahu Bay power plant, Lufeng Jiahu Bay (onshore) wind farm and Lufeng Jiahu Bay (Offshore) wind farm
Lufeng Jiahu Bay power plant refers to the thermal power assets operated by Lufeng baolihua new energy power Co., Ltd. and located in Lufeng Jiahu Bay clean energy base. It is planned to build eight 1million kW ultra supercritical coal-fired units
CSRC refers to the China Securities Regulatory Commission
Guangdong Securities Regulatory Bureau refers to the Guangdong regulatory bureau of China Securities Regulatory Commission
Shenzhen stock exchange refers to Shenzhen Stock Exchange
CSDCC Shenzhen branch refers to the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited
Dahua certified public accountants refers to Dahua Certified Public Accountants (special general partnership), the company’s regular report and internal control audit institution
Legal Shengbang refers to Guangdong legal Shengbang law firm, the company’s perennial legal adviser
Company Law refers to the company law of the people’s Republic of China
Securities Law refers to the securities law of the people’s Republic of China
The articles of association refers to the articles of association of Guangdong Baolihua New Energy Stock Co.Ltd(000690) company
RMB, ten thousand yuan and hundred million yuan refer to RMB, ten thousand yuan and hundred million yuan
Technical Term:
Generator set adopting circulating fluidized bed combustion mode.
Circulating fluidized bed combustion refers to a combustion mode of burning solid fuel by using the gas-solid two-phase circulating fluidized bed generator set to realize the fluidized bed state under the condition of the terminal flow rate of the average particle size of materials, and return most of the escaped materials to the bed through the separator to form a cycle.
Generator set adopting ultra supercritical combustion technology. Ultra supercritical combustion technology is the most advanced ultra supercritical coal-fired unit in the world. It refers to efficient power generation technology. By improving steam parameters and other advanced processes, it can effectively improve thermal efficiency and reduce coal consumption and pollutant level.
The standard coal consumption of power supply refers to the average standard coal consumption of each 1 kwh of electric energy supplied by the thermal power generator unit, and the unit is g / kWh
Power generation refers to the total amount of electric energy actually produced by the power plant (generator set)
On grid power refers to the power sold by the power plant (generator set) to the power grid
Auxiliary power consumption rate refers to the ratio of the power consumed by the power plant in the process of producing electric energy to the power generation, in%
Unit utilization hours refer to the operating hours when the actual generating capacity of the generator unit is converted into rated capacity
The on grid price refers to the unit price of electricity sold by the power plant to the power grid
Installed capacity refers to the sum of rated power of power generation equipment
MW refers to MW, electrical unit, 1 MW = 1000000 watts
KWh refers to kilowatt hour, the unit for measuring electricity consumption, which is often referred to as “kwh”
Section II Company Profile and main financial indicators
1、 Chinese name of the company: Guangdong Baolihua New Energy Stock Co.Ltd(000690) abbreviation: Guangdong Baolihua New Energy Stock Co.Ltd(000690)
English name of the company: Guangdong baolihua new energy stock Co., Ltd
2、 Legal representative of the company: Zou Jinkai III. Secretary of the board of directors: Liu Feng. Securities affairs representative of the company: Luo Liping. Contact address: 63 / F, Guangzhou Chow Tai Fook financial center, No. 6, Zhujiang East Road, Zhujiang New Town, Tianhe District, Guangzhou. Tel.: 0753251129802083909818 fax: 0753251139802083909880 email: [email protected]. 4、 Registered address: baolihua complex building, Hong Kong Avenue, Hong Kong Garden, Oct, Mei County, Guangdong Province Office Address: baolihua complex building, Hong Kong Avenue, Hong Kong Garden, Oct, Mei County, Guangdong Province Postal Code: 51478863 / F, Guangzhou zhoudafu financial center, No. 6, Zhujiang East Road, Zhujiang New Town, Tianhe District, Guangzhou postal code: 510623 company website: http://www.baolihua.com.cn. Company email: [email protected]. 5、 The name of the information disclosure newspaper selected by the company: the website designated by the CSRC for publishing the annual report in China Securities News and Securities Times: cninfo http://www.cn.info.com.cn. Place of preparation of the company’s annual report: Overseas Chinese town, Meixian County, Meizhou City, Guangdong Province. VI. stock exchange of the company: Shenzhen Stock Exchange Stock abbreviation: Guangdong Baolihua New Energy Stock Co.Ltd(000690) Stock Code: Guangdong Baolihua New Energy Stock Co.Ltd(000690) VII. Registration change 1. Company organization code: 9144140061793098842. Changes in the company’s main business since listing
(1) On January 20, 1997, the company was registered and established in Guangdong Administration for Industry and commerce. Its business scope: design, development, production and sales of clothing, leather products, shoes, design, contracting and construction of infrastructure projects such as roads, bridges and Municipal Administration (operated with qualification certificates).
(2) On November 15, 2000, the registration of the company was changed, and the business scope was changed to: design, development, production and sales of clothing, leather products, shoes, design, contracting and construction of infrastructure projects such as roads, bridges and Municipal Administration (operated with qualification certificate), and real estate development and operation. Invest in high-tech industry, computer software industry, e-commerce technology development and related technical consultation, technical training and technology transfer, and undertake electronic computer network system engineering
