Wintime Energy Co.Ltd(600157) 2021 annual general meeting information
May, 2002
Agenda of 2021 annual general meeting
On site meeting time: 14:30, May 27, 2022 (Friday)
Time of online voting: on May 27, 2022, the online voting system of the general meeting of shareholders of Shanghai Stock Exchange is adopted for this general meeting of shareholders. The voting time through the voting platform of the trading system is the trading time period on the day of the general meeting of shareholders, i.e. 9:15-9:25, 9:30-11:30 and 13:00-15:00; The voting time through the Internet voting platform is 9:15-15:00 on the day of the general meeting of shareholders.
Venue: meeting room 9, Shuangxi street, north of Taiyuan province. Meeting method: This shareholders’ meeting adopts the combination of on-site meeting and online voting. Among them, the online voting platform is the online voting system of shareholders’ meeting of Shanghai Stock Exchange.
Moderator: Mr. Wang Guangxi, chairman
1、 Meeting report and proposal
1. Work report of the board of directors in 2021
2. Work report of the board of supervisors in 2021
3. Work report of independent directors in 2021 (listening)
4.2021 annual financial statement report
5.2022 annual financial budget report
6.2021 profit distribution plan
7. Proposal on reappointment of Hexin Certified Public Accountants (special general partnership) as the company’s audit institution in 2022
8. Proposal on daily connected transactions in 2022
9. Proposal on Directors’ remuneration in 2022
10. Proposal on the remuneration of supervisors in 2022
11. Proposal on Amending the articles of Association
12. Proposal on the revision of the company’s system
13. Annual report and summary of 2021
2、 Discuss and consider various reports and proposals.
3、 Vote on various reports and proposals.
4、 Read out the resolution of the 2021 annual general meeting of shareholders.
5、 The lawyer reads out the legal opinion.
Work report of the board of directors in 2021
(May 27, 2022)
Shareholders and shareholder representatives:
Entrusted by the board of directors of the company, the work report of the board of directors in 2021 is submitted to the general meeting of shareholders for deliberation.
In 2021, guided by the thought of Xi Jinping socialism with Chinese characteristics in a new era, the company thoroughly implemented the major strategy of “carbon peaking and carbon neutralization” of the Party Central Committee and the State Council, and arranged various key work in combination with its own reality and around the three key objectives of coal and power supply, deep cultivation of main business and energy transformation, so as to promote the development of enterprises and improve quality and efficiency. Based on the coal power supply guarantee, the company gives full play to the advantages of the new force in the coking coal industry and the main force of regional power supply, and provides a strong guarantee for the smelting coal supply of large steel coke enterprises in Northeast, North and East China and the power and heat source supply in Suzhou, Jiangsu, Zhengzhou and Zhoukou, Henan. Deep cultivation is the basis of the company’s operation and development. The coal business focuses on production capacity, quality and market, and implements fine management in terms of clean coal strategy, differentiated sales strategy and intelligent mine; The power business focuses on cost reduction and efficiency enhancement, gives full play to the advantages of ultra-low emission clean energy power units and cogeneration, and deepens energy conservation and emission reduction, in-depth peak and frequency regulation, and optimizes power generation strategies. Energy transformation is the development direction of the company’s future business. Through cooperation with large state-owned enterprises and scientific research institutes, the company accelerates the layout of new energy field and creates a new engine for the company’s development.
Part I review of work in 2021
In 2021, the board of directors of the company conscientiously performed the powers and responsibilities conferred by the articles of association and the general meeting of shareholders, made scientific decisions and standardized operation with a highly responsible attitude to all shareholders. The board of directors and all directors of the company have performed their duties diligently and effectively, ensured the stable operation of the company and effectively safeguarded the interests of the company and all investors.
1、 Operation and management
(I) production and operation
1. Actively implement the coal and electricity supply guarantee policy
(1) Coal business fully releases high-quality production capacity
At present, the company’s coal products are high-quality main coking coal and blended coking coal, with a total capacity of 9.9 million tons / year. It has the advantages of scale and quality, especially in the smelting clean coal market. It is mainly sold to large steel coke enterprises in Northeast, North and East China, and plays a new role in the supply of regional smelting clean coal. During the reporting period, the company firmly grasped the national policy opportunity of increasing production and ensuring supply and releasing high-quality production capacity, and accelerated the nuclear increase of high-quality production capacity of the company. Among them, jintaiyuan coal mine and sendayuan coal mine affiliated to the company were included in the guaranteed supply coal mine as the coal mines planned to increase production capacity in Shanxi Province in 2021. The first nuclear increase of production capacity of the above two mines totaled Shanghai Pudong Development Bank Co.Ltd(600000) tons / year, which has been approved by Shanxi Energy Bureau. At the same time, the company actively promoted the nuclear increase of 1.5 million tons / year capacity of sendayuan coal mine (secondary nuclear increase), Nanshan coal mine, Sunyi coal mine and mengziyu coal mine. The relevant nuclear increase plan of capacity has been reported to Shanxi Provincial Energy Bureau, and the total capacity of coking coal of the subsequent company is expected to reach 11 million tons / year. In order to further expand the reserve resources, the company seizes the relevant favorable policies of “orderly promoting the continuous allocation of coal resources and ensuring the stable production and supply of coal mines” in Shanxi Province, and is organizing its mines to carry out the resource declaration of “corners, cracks and gaps”. At the same time, the company vigorously promoted the acquisition of mining license for the advanced production capacity project of haizetan coal mine with an approved production capacity of 6 million tons / year. With the steady improvement of coal production capacity and reserve resource reserves, it will provide a more solid and powerful foundation and guarantee for the company’s asset appreciation, increase production and income and benefit improvement.
(2) The power business fully guarantees the regional power and heat source supply
In March 2021, Zhangjiagang Huaxing Power Phase II 2 × After the 440000 kW gas turbine cogeneration clean energy project is put into operation, the company’s power business holds a total installed capacity of 8.97 million kW (all units in operation) and shares a total installed capacity of 2.2 million kW (including 2 million kW in operation and 200000 kW under construction), which belongs to the main force of power and heat source supply in Suzhou, Jiangsu, Zhengzhou, Henan and Zhoukou. Among them, Zhangjiagang Shazhou power is a large thermal power generation enterprise in Jiangsu Province, with the total installed capacity ranking the top five in Jiangsu Province and the second in Suzhou. It is located in the central hinterland of the Yangtze River Delta economic circle and the power load center in southern Jiangsu. It is an important power support point for Southern Jiangsu power grid and Jiangsu power grid; Zhangjiagang Huaxing power is the only centralized heat source in the main urban area of Zhangjiagang City. The scale of its gas engine assembly machine ranks second among similar units in Jiangsu Province. It is located in an industrial and high-tech industry cluster. The demand for electricity and heat in the region is large, and the load of power supply and heating is high. The total length of the heating pipeline of the project supporting heat network project has reached 156 kilometers. Its thermal power company is the largest industrial steam supplier in Zhangjiagang City; Yuzhong energy is a thermal power generation enterprise with the third installed capacity in Henan Province and the first around Zhengzhou. It plays an important supporting role in the stable operation of Henan power grid and central China power grid. At the same time, it provides heat source support for residents’ heating and industrial steam supply in Zhengzhou and Xinmi. In the heat supply season, it undertakes about 50% of the heating area of Zhengzhou and all the heating tasks of Xinmi; Zhoukou Longda is located in Zhoukou City, the top three population in Henan Province. After the operation of the power plant, it has greatly alleviated the long-term shortage of electricity in Zhoukou area, ended the history of no large-scale supporting power supply in Zhoukou City, and filled the gap of no large-scale heat source in the local area.
2. Deeply cultivate the main business and realize the further improvement of economic benefits
(1) Multi directional quality and efficiency improvement of coal business
First, it is intensive and efficient to build a high-yield and efficient mine. Comprehensively build mechanized, information-based and intelligent mines, continuously strengthen equipment investment, technology improvement and talent team construction through rolling formulation of medium and long-term production succession plans of subordinate mines, and now 11 mines have been rated as national safe and efficient mines, including 4 super grade mines, 6 class I mines and 1 class II Mine. In 2021, by vigorously implementing the “1234” intensive production strategy, we will comprehensively promote unattended, belt centralized control, remote monitoring and intelligent fully mechanized mining and excavation equipment, and continuously improve the level of per unit output and per unit entry of the mine. Among them, sendayuan coal mine has successfully implemented the intelligent chemical face mining of thin coal seam, Xingqing coal mine and jintaiyuan coal mine are upgrading the intelligent heading face, and other mines are advancing step by step according to the plan.
Second, technological efficiency, help increase production, improve quality and generate income. Do a solid job in the promotion and application of new technologies, new processes and new equipment, reasonably determine the roadway horizon, support methods and support parameters, reserve roadway deformation space, promote and apply the technology of Retaining Roadway along the goaf and the technology research and process research of mining up and down in the same section of the working face in conditional coal mines, and achieve good results. Further improve the “three linkage”, “three comparison” and “three verification” mechanisms to deal with coal quality changes, make full use of geophysical exploration results, and take measures such as Retaining Roadways along the goaf, mining small coal pillars, reducing ineffective mining height, sub loading and sub transportation to improve the recovery rate of clean coal and effectively reduce the coal carrying rate of gangue; Actively promote the end coal caving process, strengthen the management of intermediate coal caving, and significantly improve the recovery rate of working faces in xin’anfa coal mine, Huaqiang coal mine, Sunyi coal mine and Xinsheng coal mine. An additional 109300 tons of resources were recovered throughout the year, directly creating economic benefits of more than 50 million yuan; By carrying out technological transformation in dangdangling coal mine and jintaiyuan coal mine and implementing measures to reduce gangue carrying coal, the economic benefit can be increased by more than 17 million yuan per year.
Third, washing and beneficiation increase efficiency, eat dry and squeeze to improve efficiency. Make full use of the washing and processing capacity of the main mine mouth coal preparation plant, continuously optimize the coal preparation process and adjust the links of the heavy medium system according to the market demand and user preference, so as to realize the value-added processing of raw coal products in situ. In order to further enhance the added value of coal preparation by-products, the company has carried out secondary processing research on “comprehensive utilization of low calorific value coal” and “medium coal backwashing” for medium coal, slime and other by-products produced by primary washing in each coal preparation plant, so as to realize the deep recovery of washing tailings. In 2021, a total of 224000 tons of coal washing slime will be input, 56000 tons of flotation clean coal will be output, and the economic benefit will be increased by 68.6 million yuan; 525000 tons of medium coal were washed, 131000 tons of high ash clean coal were produced, and the economic benefit was increased by 68 million yuan. In addition, by recycling gangue for highway subgrade construction and preparing high-performance concrete, it can not only offset part of the waste discharge cost, but also effectively reduce the cost.
Fourth, brand efficiency, and the effect of clean coal strategy is obvious. The company has established and built the brand of “Yongtai clean coal”, made full use of some coal mines to wash directly, and produced a single variety of clean coal, focusing on two high-quality varieties: low ash, low sulfur main coke and strong bonding and high index fat coal, which has won a good reputation. Through the comprehensive analysis and positioning of user resources, the customer grade is evaluated year by year according to the enterprise’s business status, payment collection, annual shipment volume and sales contribution, so as to further optimize the market positioning of the company’s clean coal products. In order to further expand sales channels and improve market share and competitiveness, the company has opened railway shippers to make coal products directly reach major steel mills across the country through railway transportation, which has a strong export transportation capacity. By stabilizing the sales volume of strategic users and raising the price of market users, the pricing and bargaining power of the company’s coal products has been significantly improved. In 2021, the company seized the opportunity of rising coal prices, dug deep into the sales potential of target areas, continuously expanded sales areas and customer groups, and timely adopted differentiated sales strategies through “tentative rise and follow-up increase”, so as to achieve the objectives of stabilizing volume, raising prices and increasing income.
(2) Power business emission reduction, energy conservation, cost reduction and efficiency increase
First, implement the “double carbon” goal and achieve ultra-low emissions. The power units of the company have achieved ultra-low emission, and the emission level ranks in the forefront of the industry. It is a clean energy in the thermal power industry, with obvious competitive advantage. In 2021, the average emission concentrations of soot, sulfur dioxide and nitrogen oxides from coal-fired units of the company were 1.4 mg / m3, 17.7 mg / m3 and 34.2 mg / m3 respectively, which were far lower than the ultra-low emission standards of 5 mg / m3, 35 mg / m3 and 50 mg / m3. At the same time, all power plants actively implement the national “double carbon” goal, continuously improve power generation efficiency and optimize coal consumption indicators through innovative power generation technology, energy-saving and consumption reduction transformation, strengthening operation and maintenance management, promoting cogeneration and other measures, so as to greatly reduce the carbon dioxide emission intensity per unit thermal power generation and make a positive contribution to energy conservation and emission reduction. Including: Zhangjiagang Huaxing Power Phase II in March 2021 × After the 440000 kW gas turbine cogeneration clean energy project is put into operation, instead of shutting down thermal power plants and small coal-fired boilers, it can save about 577800 tons of standard coal per year, reduce about 1721 tons of sulfur dioxide, 1336 tons of nitrogen oxides and 1.6 million tons of carbon dioxide per year. It has the advantages of advanced technology, high thermal efficiency, low comprehensive energy consumption and emissions, and is conducive to promoting the shutdown of small thermal power units in the region, It is of positive significance to improve the reliability of regional heating, energy conservation and emission reduction, and improve the energy structure.
Second, actively participate in deep peak shaving and frequency modulation. Actively implement the flexibility transformation of the unit, increase the capacity of deep peak shaving and frequency modulation, and further improve the reliability of the unit. Six units of Zhangjiagang Shazhou power 1 and 4, Yuzhong energy 3 and 4, Zhoukou Longda 1 and 2 have been flexibly transformed to increase the deep peak shaving capacity by 348 MW; Zhangjiagang Shazhou power 3 unit ranks among the top ten in the reliability index of 1000MW pulverized coal boiler unit in the national benchmark unit evaluation of generator unit reliability. In 2021, all power generation enterprises participated in the in-depth peak shaving of 548 million kWh and the auxiliary frequency modulation mileage of the power grid of 2.48 million KW, which not only ensured the economic and safe operation of the units and significantly improved the benefits, but also made a positive contribution to the consumption of new energy in the power grid, optimizing the power supply structure and effectively alleviating the difficulties of peak shaving at low ebbs.
Third, optimize the power generation strategy. With the irrational rise in the price of power coal, on the basis of actively responding to the call of the state to fully guarantee the supply, the company actively coordinates the operation mode with the power grid dispatching to make the coal-fired units operate in an efficient load range, so as to improve the unit efficiency, reduce the production cost and alleviate the operating pressure. At the same time, actively strive to increase electricity and steam prices to achieve efficiency and income. Among them, all the coal-fired power plants have completed the signing and replacement of the remaining trading power contracts in 2021 in accordance with the territorial power price floating policy. Zhangjiagang Huaxing Power has increased the power price according to the gas electricity linkage mechanism, and Yuzhong energy has reached the linkage price adjustment mechanism of monthly steam price and coal price. In addition, combined with the performance of the unit, reasonably mix and burn economic coal to reduce the cost of coal combustion. In 2021, the company’s coal-fired power plants burned a total of 4.455 million economic coals
