Sichuan Chuantou Energy Co.Ltd(600674) 4 on the evening of April 20, the annual report of 2021 was released. The company achieved an operating revenue of 1.263 billion yuan in 2021, an increase of 22.52% year-on-year; The net profit attributable to shareholders of listed companies was 3.087 billion yuan, a year-on-year decrease of 2.35%; The basic earnings per share is 0.7 yuan. The company plans to distribute a cash dividend of 4 yuan (including tax) for every 10 shares to all shareholders.
For the growth of operating income, the company said that it was mainly due to the new consolidated subsidiaries of Sichuan Hongya Gaofengshan Hydropower Co., Ltd. (including 60% shareholding of Sichuan Hongya Baihuatan hydropower Co., Ltd.), Sichuan tianquanjiaojiping hydropower Co., Ltd. and Sichuan caoyutan hydropower Co., Ltd. of Sichuan investment power on July 31, 2020, resulting in a year-on-year increase of 224 million yuan in operating income of Sichuan investment power in 2021. In addition, the operating revenue of the company’s subsidiary Jiaotong University Guangguang increased year-on-year in 2021. The decline in net profit was mainly due to the year-on-year decrease of RMB 50.072 million in the net profit of the subsidiary Tianwan river due to the treatment of Renzonghai dam. The asset disposal income of the subsidiary Jiayang power decreased in 2021, and the net profit decreased by RMB 172894 million year-on-year.
The annual report shows that in 2021, Sichuan Chuantou Energy Co.Ltd(600674) continued to make efforts in the main power industry, guaranteed the construction projects in the Yalong River and Dadu river basins to be promoted as planned, assisted the 4 units of Yangfanggou power station and 5 units of Lianghekou power station to be put into operation and generate electricity successively, promoted the approval of mengdigou hydropower station, and the equity installed capacity of the company successfully exceeded 10 million kW in 2021; In terms of equity investment, China Three Gorges Renewables (Group) Co.Ltd(600905) successfully achieved A-share listing and trading, bringing huge potential benefits to the company; As a strategic investor, the company invested more than 1.7 billion yuan in the CGN wind power project, further expanding the development space of the company in the clean energy industry; Completed the acquisition of 20% equity of Tingzikou company and 71% equity of Yutian company; Strive to promote the development and construction of Jinsha River Yinjiang hydropower station, the annual cumulative investment progress and project image progress exceeded the expected objectives, and the river closure was achieved one year ahead of schedule; Panzhihua New Energy Company was established, which opened the company’s independent development journey in the field of wind power and photovoltaic power generation.
