000875SPIC GECLSZSE

JILIN ELECTRIC POWER CO.,LTD.

电投绿能

000875

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryElectric Power and Heat Production and Supply
ISINCNE000001CR4
ListedSeptember 26, 2002
Websitewww.cpijl.com
IR Emailjdgf@spic.com.cn
Phone(+86)431-81150933
AddressNo.9699, Renmin Avenue, Changchun, Jilin

Company Profile

The company actively implements Xi Jinping's ecological civilization thought and the green development concept, adhering to "four revolutions, one cooperation" energy security new strategy and high-quality development requirements. Our strategic goal is to build a world-class clean energy enterprise (listed company) focusing on "new energy plus" and green hydrogen-based energy, enhancing six core capabilities in“investment, development, construction, technology, innovation, operation”.Firstly, the company develops large-scale new energy bases,accelerate the formation of new productive forces. Secondly, the company strives to be a leader in the green hydrogen-based energy industry, building top-notch new energy industry and top-notch green hydrogen-based energy industry. Industry advantage: as of now, the company’s clean energy installations account for 75.86% of total installations, generating profits of 818 million yuan, supporting the company's profitability and high-quality development capabilities. Layout advantage: nationally, the company has established five new energy platform companies and three new energy production and operation centers, demonstrating strong cross-regional development and intensive management capabilities, with clear advantages in national development. The company leads the promotion of green hydrogen-based energy industry development in Jilin Province, becoming a leading force in the industry from aspects such as industrial planning, resource integration, technological innovation, and project implementation. It is actively laying out clean energy industries across the country, developing large-scale clean energy base projects such as the Da’an Green Hydrogen Base and the Shandong Weifang Multi-Energy Complementary Base. Brand advantage: the company consistently adheres to strict compliance with national and local government requirements, fulfilling its responsibilities as a central state-owned enterprise, insisting on green and low-carbon development, and dedicating itself to providing green energy supplies, contributing to the development of clean energy and optimization of the energy industry structure in the regions where it operates.

Full description

Business scope: Power generation (wind power, solar energy, hydropower, thermal power, distributed energy, gas power, biomass, nuclear energy), heating (residential, industrial), integrated smart energy supply, clean energy investment and development, power station maintenance, technology project R&D, power distribution and sales, etc. During the reporting period, there were no significant changes in the company's main business operations. Operating model: Power sales are divided into guaranteed volume and market-based volume trading models. Guaranteed volumes are determined by annual power generation quotas issued by government energy authorities and are purchased and sold by grid companies. Market-based volumes are traded through the power exchange platform organized by grid companies, with contracts signed between both purchase and sale parties. Heat sales are divided into residential heating and industrial heating. Residential heating is based on supply and demand contracts between power generation companies and heat companies. Industrial heating is provided under contracts signed between power generation companies and industrial steam users, with production organized according to these contracts and settlements made based on the amount of heat supplied to heat companies and industrial steam users.

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