2022中國再生能源投資有限公司China Renewable Energy Investment LimitedStock Code 股份代號 : 987 年報Annual ReportChina Renewable Energy Investment Limited中國再生能源投資有限公司9/F., Tower 1, South Seas Centre, 75 Mody RoadTsimshatsui East, Kowloon, Hong Kong香港九龍尖沙咀東麼地道75號南洋中心1期9樓www.cre987.comChina Renewable Energy Investment Limited 中國再生能源投資有限公司Annual Report 2022年報 543126Siziwang Qi, Inner Mongolia內蒙古四子王旗1Lunaobao, Hebei河北綠腦包2Danjinghe, Hebei河北單晶河3Nanxun, Zhejiang浙江南潯7Changma, Gansu甘肅昌馬4Mudanjiang, Heilongjiang黑龍江牡丹江5Songxian, Henan河南嵩縣67Project in China在中國之項目 Contents目錄2Corporate Information公司資料4Chairman’s Statement主席報告書8Management Discussion and Analysis管理層討論及分析18Directors and Senior Management董事及高級管理層22Corporate Governance Report企業管治報告59Environmental, Social and Governance Report環境、社會及管治報告78Report of the Directors董事會報告書89Independent Auditor’s Report獨立核數師報告95Consolidated Statement of Comprehensive Income綜合全面收入報表97Consolidated Statement of Financial Position綜合財務狀況表99Consolidated Statement of Changes in Equity綜合權益變動表100Consolidated Statement of Cash Flows綜合現金流量表101Notes to the Consolidated Financial Statements綜合財務報表附註183Five-year Financial Summary五年財務概要 Corporate Information公司資料China Renewable Energy Investment Limited Annual Report 20222董事執行董事黃剛先生（主席兼行政總裁）梁榮森先生（首席財務官）黃植良先生李肇怡先生獨立非執行董事鄭毓和先生田玉川先生張頌義先生核數師大華馬施雲會計師事務所有限公司執業會計師註冊公眾利益實體核數師公司秘書賴錦權先生主要往來銀行交通銀行股份有限公司中國建設銀行股份有限公司招商銀行股份有限公司大新銀行有限公司中國工商銀行股份有限公司上海浦東發展銀行股份有限公司註冊辦事處Cricket Square, Hutchins DriveP.O. Box 2681G r a n d C a y m a n K Y1-1111Cayman IslandsDIRECTORSExecutive DirectorsMr. OEI Kang, Eric (Chairman and Chief Executive Officer)Mr. LEUNG Wing Sum, Samuel (Chief Financial Officer)Mr. WONG Jake Leong, SammyMr. LEE Shiu Yee, DanielIndependent Non-Executive DirectorsMr. CHENG Yuk WoMr. TIAN YuchuanMr. ZHANG SongyiAUDITORMoore Stephens CPA LimitedCertified Public AccountantsRegistered Public Interest Entity AuditorCOMPANY SECRETARYMr. LAI Kam Kuen, RickyPRINCIPAL BANKERSBank of Communications Co., Ltd.China Construction Bank CorporationChina Merchants Bank Co., Ltd.Dah Sing Bank, LimitedIndustrial and Commercial Bank of China LimitedShanghai Pudong Development Bank Co., Ltd.REGISTERED OFFICECricket Square, Hutchins DriveP.O. Box 2681G r a n d C a y m a n K Y1-1111Cayman Islands 中國再生能源投資有限公司 二零二二年年報3Corporate Information公司資料香港總辦事處及主要營業地點 香港九龍尖沙咀東麼地道75號南洋中心一期九樓電話：(852) 2731 1000傳真：(852) 2722 1323股份過戶登記總處 Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands香港股份過戶登記分處 香港中央證券登記有限公司香港皇后大道東183號合和中心46樓電郵info@cre987.com網址www.cre987.com股份代號987HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG9/F., Tower 1, South Seas Centre, 75 Mody RoadTsimshatsui East, Kowloon, Hong KongTelephone: (852) 2731 1000Fax: (852) 2722 1323PRINCIPAL SHARE REGISTRAR AND TRANSFER AGENTSuntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3Building D, P.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman IslandsBRANCH SHARE REGISTRAR AND TRANSFER AGENT IN HONG KONGComputershare Hong Kong Investor Services Limited46th Floor, Hopewell Centre183 Queen’s Road EastHong KongE-MAIL ADDRESSinfo@cre987.comWEBSITEwww.cre987.comSTOCK CODE987 Chairman’s Statement主席報告書China Renewable Energy Investment Limited Annual Report 20224WIND RESOURCES WERE DISAPPOINTINGLY LOW IN 2022.For 2022, China Renewable Energy’s windfarms suffered from lower-than-expected wind. For the year, the Company dispatched a total of 1,365.6 GWh, or 12% lower than in 2021. The wind was particularly poor at the very beginning of the year, in January and February, but also lower in November and December. During January and February of 2022, typically a peak wind period, the Company’s windfarms dispatched only 180 GWh, 51.1% lower than the 352 GWh dispatched in 2021.As reflected in the graph below, wind conditions improved after those initial two months but was again lower in November and December. For the year, electricity dispatch dropped the most in CRE’s Siziwangqi, Changma, and Songxian windfarms.However, for January and February of 2023, wind conditions have improved compared to the same time last year, with CRE dispatching 249.8 GWh, 38.2% higher than last year’s dispatch.050100150200250JanFebMarAprMayJunJulyAugSepOctNovDec一月 二月 三月 四月 五月六月 七月 八月 九月 十月 十一月 十二月CRE's Electricity Dispatched (GWH) by Year按年劃分的中國再生能源的發電量 (吉瓦時)二零二一年二零二二年20212022二零二二年的風力資源異常匱乏。二零二二年，中國再生能源的風電場的風力狀況比預期惡劣。本年度，本公司的總發電量為1,365.6吉瓦時，較二零二一年下降12%。年初，一月和二月的風況特別差，但十一月和十二月的風況更差。於二零二二年一月和二月（通常為風力資源高峰期），本公司風電場的發電量僅為180吉瓦時，較二零二一年的發電量352吉瓦時下降51.1%。如下圖所示，在最初的兩個月之後，風力狀況有所改善，但在十一月和十二