Investor relationship record No.: 0005Ê
Category of investor relations activities \uf0a3 specific object research □ analyst meeting
□ media interview □ performance briefing
□ press conference □ Roadshow
□ site visit
□ others (telephone communication meeting)
Name and surname of participants Tianfeng Securities Co.Ltd(601162) Guo Lili
Chai Wei, Ningbo magic square quantitative investment management partnership (limited partnership)
name
China Post venture fund management Co., Ltd. Rong Kai
Zhonghai Fund Management Co., Ltd. Wei Min
Pinpoint Asset Management Limited Zhang Yusheng
Donghai Fund Management Co., Ltd. Li Ke
Sun Weina of Everbright Yongming Asset Management Co., Ltd
Changsheng Life Insurance Co., Ltd. Wang Xinyuan
Shenzhen Fengling Capital Management Co., Ltd. Li Haotian
Zhejiang Juzheng Asset Management Co., Ltd. Zhang Guangjie
Shanghai harmony Huiyi Asset Management Co., Ltd. sun Chunpeng
Harvest Fund Management Co., Ltd. Tang Tang Tang
China Life Insurance Company Limited(601628) Asset Management Co., Ltd. Yu Li
China Shipbuilding Finance Co., Ltd. Zhao Yue
Bank of China International Securities Co., Ltd. Zhang Yansong
CAITONG Fund Management Co., Ltd. Bai Qinyu
Huatai Asset Management Co., Ltd. Yang Linxi
Huaxia Oriental Pension Asset Management Co., Ltd. Zhang Zhang Zhang
Li Yunfeng, finance company of State Power Investment Group
Hengtai securities retail customer Li Guorong
Zhongrong Fund Management Co., Ltd. Chen Haoxing whole fund management Co., Ltd. Liu Ping Tianhong Fund Management Co., Ltd. Lin Jianing Qianhe Capital Management Co., Ltd. Wang Luzhi Huarong securities asset management department Shi Xin Shanghai Hongrun Asset Management Co., Ltd. Cao Zitao Shanghai Libiao Private Equity Fund Management Co., Ltd. Xiang yuanpenghua Fund Management Co., Ltd. Meng Hao Shanghai Orient Securities Company Limited(600958) Asset Management Co., Ltd. Zhou Yun Zhonghai Fund Management Co., Ltd Dingqing Beijing Zeming Investment Co., Ltd. an Xiaodong Huarong securities asset management department LV Ming Chunguang dayongming Asset Management Co., Ltd. Gao Guangxin Suzhou Longyuan Investment Management Co., Ltd. Li Shengnong Changjun capital investment management (Shenzhen) Ltd. Longxian Beijing Runhui Asset Management Co., Ltd. Jiang Yangjing Jianxin Fund Management Co., Ltd. Xu Jie Jingtai Lifeng Asset Management Co., Ltd. LV Weizhi Shanghai Xitai Investment Management Co., Ltd. Huang Zeyang Qianhe Capital Management Co., Ltd. Shi Chengbo Xinhua Fund Management Co., Ltd. Zhou Xiaodong Huatai Securities Co.Ltd(601688) asset management department Chen xingenxi asset management Co., Ltd. Lin Juan Huatai Securities Co.Ltd(601688) asset management department Wang Haishan Sheng Life Insurance Asset Management Co., Ltd. Li Yanling Bodao Fund Management Co., Ltd. Fu Zhihao Guangdong xienochenyang Private Securities Investment Management Co., Ltd. Lin Hao Hengtai securities retail customer sun Zhenyong BOC Fund Management Co., Ltd. Luo Qing
Nanhua Fund Management Co., Ltd. Cai Feng Orient Securities Company Limited(600958) Huang Hongyuan Industrial Bank Co.Ltd(601166) asset management department Li Beijing Hongcheng Investment Management Co., Ltd. Gao Yang Shenzhen Qianhai baichuang capital Wu Siwei Heyong Investment Management Co., Ltd. Ma Zhengnan Guosen Securities Co.Ltd(002736) investment management headquarters min Xiaoping Everbright baodexin Fund Management Co., Ltd. Yan Ran Shanghai Yongfeng Investment Management Co., Ltd. Yang Xiong Shanghai Wudi Investment Asset Management Co., Ltd. Cheng Peijian Caitong Securities Co.Ltd(601108) Asset Management Co., Ltd. Kang Yixin Puyin AXA Fund Management Co., Ltd. Roland Beijing Kaidu Investment Management Co., Ltd. Yang Lin Dongwu Fund Management Co., Ltd. Cai Qiushi new Sizhe Investment Management Co., Ltd. fan yaoyu Heyong Investment Management Co., Ltd. Jiao Yun Ningbo Meishan Baoshan port Haojun Investment Management Co., Ltd. Ke Haiping dragonstone David Shanghai Gaoyi asset management partnership (limited partnership) Zhang Jifeng Soochow Fund Management Co., Ltd., Liu Haoyu Taiping Fund Management Co., Ltd., Shi Yangang Agricultural Bank Life Insurance Co., Ltd., Zeng Wenchuan Taikang Asset Management Co., Ltd., Wan chenjie Guangfa Fund Management Co., Ltd., Xu Chi Yunnan International Trust Co., Ltd., Gao Hongtao Shanghai Investment Morgan Fund Management Co., Ltd., Shu pengguo investment UBS Fund Management Co., Ltd., Li Yanrong, Shanghai Tuling Asset Management Co., Ltd., Zhao zifengfu Anda Fund Management Co., Ltd. Lu Xu
Zheng Huahang of Shanghai Orient Securities Company Limited(600958) Asset Management Co., Ltd
Huaxia Fund Management Co., Ltd. Ma Shenghua
Shenwanlingxin Fund Management Co., Ltd. Chang Hongyu
Penghua Fund Wang Li
Round the clock investment Cai Qicheng
Guotai Junan Securities Co.Ltd(601211) Chen Zhuoming
Guotai Junan Securities Co.Ltd(601211) Yu Hongguang
Western self operated Li Yuanjian
Huatai Securities Co.Ltd(601688) Wang Weijia
Huatai Securities Co.Ltd(601688) Huangbo
Haitong Securities Company Limited(600837) Fu Yifan
Zhengxin Valley Dong Zhiyi
Northeast Securities Co.Ltd(000686) Yue Ting
Haitong Securities Company Limited(600837) Wu Jie
Time: 14:00-15:00 PM, April 14, 2022
Location teleconference
Name of receptionist of listed company Cai Yanfu, chairman
Niu Guojun, general manager
Ma Jia, deputy general manager
Chief accountant Xie Jing
Zhao Min, Secretary of the board of directors
Development Director Zhang Rui
Capital operation Department Liu Shuang, migolin, Gao Xue
Thermal power department Li Maoqing
Xu Zhenjun, Ministry of new energy
Fuel management center Hao Baowei, Yang Hong
Planning and finance department Zhu Yuyan, Wang Rui
Zhao Sheng, marketing department
Strategic planning and Development Department
1、 Jilin Electric Power Co.Ltd(000875) chief accountant Xie Jing briefly introduced the company’s operation in 2021:
In 2021, focusing on the general idea of “tamping the foundation, promoting development, strengthening capacity, preventing risks and creating value” and the overall business goal of “improving quality, increasing efficiency and continuously increasing profits”, the company achieved remarkable results in all work and successfully completed the set objectives of all work.
By the end of 2021, the installed capacity of the company was 104457 million KW, including 7.1457 million kw of new energy, accounting for 68.41%. The total assets were 66.752 billion yuan, an increase of 19.01% over the beginning of the period; The net assets were 14.28 billion yuan, an increase of 26.4% over the beginning of the period; The asset liability ratio was 78.61%. In 2021, the power generation was 24.324 billion kwh, a year-on-year increase of 15.87%; The operating revenue was 13.178 billion yuan, a year-on-year increase of 30.99%; Main activities of investor relations in Croatia
Due to the sharp rise of coal, the net profit attributable to the shareholders of the company was 450 million yuan, Rong introduced
The year-on-year decrease was only 5.79%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 361 million yuan, an increase of 11.45% year-on-year.
1. New energy has become the absolute support of the company’s benefits. In 2021, the company realized a net profit of 450 million yuan attributable to the company’s shareholders under the industrial environment of sharp rise in coal prices. Thanks to the adjustment and upgrading of the company’s industrial structure and refined management, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 361 million yuan, an increase of 11.45% year-on-year. New energy power generation increased by 46.76% year-on-year, accounting for 44.36% of the total power generation; The main business revenue of new energy increased by 36.45% year-on-year, and the new energy power revenue accounted for 55.45% of the total power revenue.
2. The performance of the company’s thermal power sector decreased year-on-year. Affected by the industrial environment, the cost of electric coal has risen sharply, and the cost of thermal power generation has increased greatly. The gross profit of thermal power (including thermal power) in 2021
The interest rate decreased by 4.07 percentage points over the same period last year.
In 2022, the company will continue to follow the strategic positioning of “advanced energy technology developer, clean and low-carbon energy supplier and energy ecosystem integrator”, adhere to the general development idea of “clean and low-carbon, reform and innovation, benefit priority and first-class development”, and build a world-class clean energy enterprise driven by advanced energy technology innovation, based on clean and low-carbon energy supply and energy ecosystem integration.
2、 Communicate on the following issues:
1. According to the 2021 annual report of the company, the rise of coal price leads to the decline of heating gross profit. Will the company’s heating business and future heating charges rise this year to ease the rise of coal price?
A: the company has promoted the increase of heat price for five consecutive years. At present, the company is actively promoting the sixth increase of heat price. In the future, the company will improve the gross profit margin of heating by strengthening the development of heating market and industrial steam market, improving quality and efficiency and increasing heat price. 2. Will the company further optimize the thermal power business?
A: according to the company’s development strategy, continue to carry out the optimization of thermal power assets.
3. Why did the company’s gross profit margin of thermal power decrease little in 2021, while that of heating business decreased a lot?
A: the main reason for the decrease of gross profit margin of thermal power and heating is the increase of fuel cost. In 2021, according to the requirements of government policies, the electricity selling price of thermal power was adjusted, and the decrease of gross profit margin of power generation was lower than that of heating.
