深南电B：2024年年度报告摘要(英文版)
| Stock code: 000037, 200037 | Stock abbreviation: Shenzhen Nanshan Power A, Shenzhen Nanshan Power B | Announcement No.: 2025-010 |
Summary of the 2024 Annual Report of Shenzhen Nanshan
Power Co., Ltd.I. Important notes
The annual report summary is extracted from the full text of the annual report. In order to fully understand the Company'soperating results, financial status and future development plans, investors should carefully read the full text of the annual reportthrough media designated by the China Securities Regulatory Commission.All directors attended the meeting of Board of Directors at which the report was reviewed.Prompt of non-standard audit opinion
□Applicable ?Not applicable
Proposed profit distribution plan for the reporting period or the plan for converting capital reserves into share capital reviewed bythe Board of Directors?Applicable □Not applicableWhether to increase share capital with provident funds
□Yes ?No
Profit distribution plan reviewed and approved by the Company's Board of Directors: the Company plans not to distribute cashdividends, not to distribute bonus shares, and not to increase share capital with provident funds.Proposed profit distribution plan for preferred shares approved by the Board of Directors for the reporting period
□ Applicable ?Not applicable
II. Basic Information of the Company
1. Company profile
| Stock name | Shenzhen Nanshan Power A, Shenzhen Nanshan Power B | Ticker | 000037,200037 | |
| Stock exchange | Shenzhen Stock Exchange | |||
| Contact and contact information | Secretary of the Board of Directors | Securities representative | ||
| Name | Zou Yi | |||
| Office address | 16/F-17/F, Hantang Building, OCT, Nanshan District, Shenzhen, Guangdong Province | |||
| Fax | 0755-26003684 | |||
| Tel. | 0755-26003611 | |||
| investor@nspower.com.cn | ||||
2. Introduction to main business or products during the reporting period
The Company's primary business includes power and heat supply for production and operation, and technical consulting andtechnical services related to power plants (stations). At the end of the reporting period, the Company's Nanshan Power Plant had a
total of 3 sets of 9E type gas-steam combined cycle generating units with a total installed capacity of 540,000 KW. The powerplant is located in the power load center area of Qianhai Free Trade Zone, Shenzhen, and is the main peak shaving power supplyplant in the region. It is currently in normal production and operation. Zhongshan Nanlang Power Plant received the Letter onMatters Regarding the Units Shutdown of Shenzhen Nanshan Power (Zhongshan) Power Co., Ltd. Nanlang Power Plant fromEnergy Bureau of Guangdong Province on November 6, 2023, in which Energy Bureau of Guangdong Province agreed to shutdown two 180MW gas-fired cogeneration units of Zhongshan Nanlang Power Plant. At present, the two sets of 9E gas-steamcombined cycle power generating units owned by Zhongshan Nanlang Power Plant have been shut down and withdrawn fromdispatching operation, and the generating unit equipment and related assets have been successfully listed for transfer in March2025.During the reporting period, the Company's primary business of power faced challenges such as fierce competition in the powermarket and sustained high fuel price. In the face of the complex and ever-changing economic situation at home and abroad and theincreasingly fierce market competition, the Company has strengthened its confidence in development, maintained its strategicfocus, adhered to the core values of "professionalism and dedication, innovation and efficiency, courage and decisiveness,harmony and mutual benefit", took deepening reform as a key breakthrough point, actively responded to various problems andchallenges, and made every effort to promote the orderly development of all work. Through a series of solid measures, theCompany's new business layout has achieved breakthroughs, the main business has been further compacted, the managementefficiency has been continuously improved, the market-oriented reform has been steadily advanced, and the profit level hasreached a new level, laying a solid foundation for the sustainable development of the Company.During the reporting period, the Company focused on the operation and development of existing business and market expansion.Its subsidiary, Shenzhen Nanshan Power Engineering Company, relying on its years of technical experience in the construction ofgas turbine power station projects and accumulated cooperation resources, focused on the relevant engineering service business inthe gas turbine field. With professional and refined technical capabilities, it signed a number of contracts successively to provideprofessional technical services for customers; Shenzhen Nanshan Power Environmental Protection Company takes integratedenergy service as the transformation development direction, comprehensively develops integrated energy service projects such asindustrial and commercial energy storage, distributed photovoltaics and charging piles, and strives to build a new integratedenergy service business model. It has initially formed an integrated service model of "investment, construction, operation,management and maintenance"; Xiefu Company actively expanded its business scope, focused on the property lease managementservice business of Energy Corporation, and significantly improved its market development ability, property management abilityand profitability. At the same time, it efficiently revitalized inefficient resources and successfully completed the transfer of 40%equity of Huidong Xiefu.
3. Key accounting data and financial indicators
(1) Key accounting data and financial indicators in the past three years
Whether the Company needs to retroactively adjust or restate the accounting data of previous years
□Yes ?No
Unit: RMB
| End of 2024 | End of 2023 | Change compared with the end of the previous year | End of 2022 | |
| Total assets | 2,012,736,635.59 | 2,049,365,388.69 | -1.79% | 2,606,216,345.99 |
| Net assets attributable to shareholders of listed companies | 1,485,380,575.08 | 1,459,288,691.94 | 1.79% | 1,455,129,894.84 |
| 2024 | 2023 | Change compared with the previous year | 2022 |
| Operating revenue | 442,971,955.85 | 589,780,190.71 | -24.89% | 694,227,657.28 |
| Net profit attributable to shareholders of listed companies | 21,908,828.57 | 4,158,797.10 | 426.81% | -160,163,240.67 |
| Net profit attributable to shareholders of listed companies after deducting non-recurring profit or loss | -87,508,091.57 | -70,789,007.91 | -23.62% | -225,967,573.71 |
| Net cash flows from operating activities | -37,635,766.05 | -100,371,976.92 | 62.50% | 207,168,402.26 |
| Basic earnings per share (RMB/share) | 0.0363 | 0.0069 | 426.09% | -0.2657 |
| Diluted earnings per share (RMB/share) | 0.0363 | 0.0069 | 426.09% | -0.2657 |
| Weighted average rate of return on net assets | 1.49% | 0.29% | Increased by 1.20 percentage points | -10.43% |
(2) Key accounting data by quarter
Unit: RMB
| Q1 | Q2 | Q3 | Q4 | |
| Operating revenue | 80,580,975.91 | 107,323,288.80 | 183,104,712.19 | 71,962,978.95 |
| Net profit attributable to shareholders of listed companies | -29,071,219.61 | -8,779,890.29 | -7,777,120.17 | 67,537,058.64 |
| Net profit attributable to shareholders of listed companies after deducting non-recurring profit or loss | -32,868,603.74 | -11,891,453.34 | -11,138,395.03 | -31,609,639.46 |
| Net cash flows from operating activities | -71,854,442.05 | 18,857,950.62 | -28,410,239.05 | 43,770,964.43 |
Whether there are significant differences between the above financial indicators or their totals and the relevant financial indicatorsdisclosed by the Company in quarterly reports and semi-annual reports or not
□Yes ?No
4. Share capital and shareholders
(1) The number of ordinary shareholders and preferred shareholders whose voting right have been restored and theshareholding status of the top 10 shareholders
Unit: Share
| Total number of ordinary shareholders at the end of the reporting period | 39,609 | Total number of ordinary shareholders at the end of the month prior to the disclosure date of the annual report | 40,424 | Total number of preferred shareholders whose voting rights were restored at the end of the reporting period | 0 | Total number of preferred shareholders whose voting rights were restored at the end of the month prior to the disclosure date of the annual report | 0 |
| Shareholdings of the top 10 shareholders (excluding shares lent through refinancing) | ||||||
| Name | Nature of shareholder | Shareholding ratio | Number of shares held | Number of shares held with selling restrictions | Pledge, marking or freezing | |
| Share status | Quantity | |||||
| HONG KONG NAM HOI (INTERNATIONAL) LTD | Overseas legal person | 15.28% | 92,123,248 | 0 | Not applicable | 0 |
| Shenzhen Guangju Industrial Co., Ltd. | State-owned legal person | 12.22% | 73,666,824 | 0 | Not applicable | 0 |
| Shenzhen Energy Corporation | State-owned legal person | 10.80% | 65,106,130 | 0 | Not applicable | 0 |
| Zeng Ying | Domestic natural person | 1.19% | 7,159,600 | 0 | Not applicable | 0 |
| GUOTAI JUNAN SECURITIES（HONG KONG） LIMITED | Overseas legal person | 1.09% | 6,592,879 | 0 | Not applicable | 0 |
| Li Baoqin | Domestic natural person | 0.97% | 5,835,773 | 0 | Not applicable | 0 |
| China Merchants Securities (Hong Kong) Co., Ltd. | Overseas legal person | 0.90% | 5,438,154 | 0 | Not applicable | 0 |
| BOCI SECURITIES LIMITED | Overseas legal person | 0.73% | 4,423,066 | 0 | Not applicable | 0 |
| LISHERYNZHANMING | Overseas natural person | 0.69% | 4,149,400 | 0 | Not applicable | 0 |
| Haitong International Securities Company Limited-Account Client | Overseas legal person | 0.65% | 3,908,357 | 0 | Not applicable | 0 |
| Explanation of the above-mentioned shareholders' relationship or concerted actions | 1. Shenzhen Energy Corporation holds 100% equity in HONG KONG NAM HOI (INTERNATIONAL) LTD 2. The Company is unaware of whether the above-mentioned other public shareholders have any relationship or are persons acting in concert. | |||||
| Description of shareholders involved in margin trading | None | |||||
and securities lendingbusiness (if any)
Participation of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders ofunrestricted tradable shares in refinancing business and lending shares
□Applicable ?Not applicable
Changes of the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares compared with the previous perioddue to refinancing lending/repayment
□Applicable ?Not applicable
(2) Total number of preferred shareholders of the Company and shareholding status of the top 10 preferred shareholders
□Applicable ?Not applicable
The Company has no preferred shareholders during the reporting period.
(3) Disclose the property rights and control relationship between the Company and actual controllers in the form of blockdiagrams
5. Bonds existing on the date of approval of the annual report
□Applicable ?Not applicable
III. Important mattersDuring the reporting period, there were no material changes in the Company's operating conditions. For details of the Company'sbusiness operations and management operations during the reporting period, please refer to the Company's 2024 Annual Report.
| Shenzhen State-owned Assets Supervision and Administration Commission | Shenzhen Nanshan District Finance Bureau |
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