According to the 2021 annual report disclosed by Xinjiang Tianfu Energy Co.Ltd(600509) recently, the largest comprehensive energy platform of Xinjiang corps, the company achieved a revenue of 7.065 billion yuan during the reporting period, with a significant year-on-year increase of 44.31%; The net profit attributable to the parent company was -448307 million yuan, a year-on-year decrease of 192.38%, mainly due to the rise in coal prices during the reporting period and the large number of settlement projects in the current period of construction business, which increased the company’s operating cost by 62.05% year-on-year.
In the face of periodic adjustment, Xinjiang Tianfu Energy Co.Ltd(600509) analysis, on the one hand, Xinjiang has issued a series of documents, which are further promoting the reform of power price, establishing a market-oriented electricity price mechanism of “falling and rising”, and raising the on grid price of high-tech energy parity projects through market transactions and equal sharing of large industrial electricity prices, which will benefit the company. On the other hand, the company actively arranged the third generation semiconductor silicon carbide new material industry and photovoltaic electric field, and gradually realized the pattern of coordinated promotion of industrial structure adjustment and energy structure optimization, and reasonable and coordinated development of new energy and new material industrial structure. In addition, the price of oil and gas is rising. Xinjiang Tianfu Energy Co.Ltd(600509) as an old urban fuel gas enterprise, it will actively layout the gas business in Xinjiang Based on Shihezi, especially the comprehensive energy supply station of oil, gas, electricity and hydrogen.
In 2021, in the face of adverse factors such as tight power supply situation, prominent contradiction between coal supply and demand, dry water from hydropower and so on, Xinjiang Tianfu Energy Co.Ltd(600509) fully tap the potential of existing generating units, make use of the company’s market advantages and the government’s livelihood protection policies, and strive to reduce the impact of coal costs. While successfully completing the task of energy protection and supply, businesses in all sectors have achieved varying degrees of growth.
In 2022, the company plans to raise no more than 1.5 billion yuan to invest in the construction of photovoltaic electric field and reasonably control the construction scale of coal-fired power; Strengthen power grid construction to improve the consumption level of renewable energy and improve the reliability of power supply.
With the explosive growth of downstream demand in application fields such as new energy vehicles, charging infrastructure, 5g base stations, industry and energy, the market scale of SiC devices will be doubled in the future, and the market supply of silicon carbide materials will continue to increase Xinjiang Tianfu Energy Co.Ltd(600509) actively layout the third-generation semiconductor silicon carbide new material industry. In 2020, the company participated in the capital increase and share expansion of Beijing Tianke Heda Semiconductor Co., Ltd., and continued to increase investment in 2021. At present, the company has held 9.5953% of the shares of Beijing Tianke Heda Semiconductor Co., Ltd., becoming the second largest shareholder of the company. In the future, the company’s new material industry will have a certain scale and form a coordinated development pattern with the new energy industry.
Xinjiang Tianfu Energy Co.Ltd(600509) there are 43 gas stations distributed along the key traffic trunk lines in southern and Northern Xinjiang, and 4 comprehensive gas stations in the expressway service area under construction. The company invests in the construction of liquefaction plants, and continues to expand the market in Xinjiang in a multi business and all-round way. At present, the company has built a parent station in Kuitun of the seventh division in Northern Xinjiang to provide guarantee for expanding the seventh division and the surrounding gas market. During the “14th five year plan” period, Shihezi liquefaction plant phase II and Lihua Lvyuan liquefied gas plant of the second division of Southern Xinjiang are proposed, with an annual gas supply capacity of 600 million m3 after reaching the production capacity, providing a strong guarantee for the distribution and southward development of the whole Xinjiang. The company also actively promotes the charging business in Shihezi City, builds a comprehensive energy supply station, forms a comprehensive energy supply mode of oil, gas, electricity and hydrogen, and explores new ways for the development of gas business.
In this regard, according to the analysis of insiders, Xinjiang Tianfu Energy Co.Ltd(600509) has been deeply engaged in natural gas business for many years, and the existing gas filling stations have superior geographical location. Once the market needs, they can quickly transform hydrogenation and charging piles.
