On the morning of September 2, CYPC held the 2024 semi-annual performance briefing in the form of "live interaction + network broadcast", attracting more than 200 institutions and individual investors from home and abroad. Xue Ning, Board Secretary of CYPC, attended the meeting.
Xue Ning, on behalf of CYPC, expressed his gratitude to the investors?and detailed the operating performance,?progress of key tasks,?as well as business objectives and initiatives?in the second half of the year?of?CYPC.. In the first half of the year, CYPC followed the general principle of seeking progress while maintaining stability, and made solid progress in various key tasks. It maintained a good momentum of work safety, gave full play to its primary function of flood control and its role of energy supply guarantee, advanced further in the field of pumped storage, new energy resources, international business and technological innovation, and reached a record high in operating performance. CYPC achieved an operating revenue of CNY 34.808 billion, with a year-on-year increase of 12.38%; Its net profit attributable to the parent company was CNY 11.362 billion, with a year-on-year increase of 27.92%; Its basic earnings per share was CNY 0.4644, with a year-on-year increase of 27.92%; The company's market value has exceeded CNY 700 billion for the first time, ranking first among listed companies in the domestic power industry and second among the global listed electric companies.
In?the interactive exchange session, investors were enthusiastic about asking questions, creating a lively and harmonious atmosphere. The management provided detailed answers which were widely concerned by investors, including the inflow in the Yangtze River Basin, joint operation of cascade hydropower plants, and construction progress of the Lower Jinsha River Integrated Wind-Solar-Hydro-Storage Base, which further enhanced ?investors' value recognition of the company.
In the second half of the year, CYPC will focus on its annual goals, taking?multiple measures to improve quality and efficiency, further enhancing?its value creation capabilities, continuously?creating?long-term high-quality investment returns for shareholders, and contributing?reliable and stable clean energy to the society.