华润燃气2024 中期报告

2024Interim Report中期報告 學標杆, 勇創新, 提質增效Bench-marking and Innovating forQuality and Efficiency Enhancement Victoria Place, 5th Floor31 Victoria StreetHamilton HM10Bermuda 261901-02 MUFG Fund Services (Bermuda) LimitedThe Belvedere Building69 Pitts Bay RoadPembroke HM08Bermuda 1617 Contents 4Corporate Profile 5Chairman’s Statement and Review of Operations andResults 20Corporate Governance and Other Information 27Financial & Operational Highlights 30Independent Review Report 32Consolidated Statement of Profit or Lossand Other Comprehensive Income 34Consolidated Statement of Financial Position 36Consolidated Statement of Changes in Equity 39Condensed Consolidated Cash Flow Statement 41Notes to Interim Financial Report Prefecture-level Cities Provincial Capitals Provinces Municipalities (Chongqing, Shanghai, Tianjin) 20,901 Gas Sales Volume in the First Half of 2024 (Million m3) 5,884 Corporate Profile THE PRC CITY GAS DISTRIBUTION FLAGSHIPOF CHINA RESOURCES GROUP China Resources Gas Group Limited (the “Company” or “CR Gas”),substantially owned by China Resources (Holdings) Company Limited,one of the largest state-owned conglomerates in China, is a leading gasutilities group in China, the principal businesses of which include thepurchases and sales of natural gas, the construction and operation ofpipeline facilities, comprehensive service, combined cooling, heatingand power, and gas for vehicles and vessels, etc. Its operations arestrategically located in areas of China, which are economically moredevelopedand densely populated and areas with rich reserves ofnatural gas. 276251576209.015,884 Leveraging on the excellent industry fundamentals and the executioncompetency of the Company and its subsidiaries (the “Group”), CR Gascontinues to expand rapidly in 2024 via organic growths. In the first halfof 2024 (the “Period”), CR Gas’s portfolio is consisted of 276 city gasprojects in 25 provinces of China including 15 provincial capitals and 76prefecture-level cities with a gross gas sales volume of approximately20.901 billion cubic meters and 58.84 million customers in the first halfof 2024. 2035 The optimisation of energy structure and environmental pollution controlwill promote the sustainable growth of natural gas consumption in China.The PRC government has, in recent years, taken various measuresto promote the development and utilisation of less polluting energysources. The natural gas industry is in sync with the core developmentidea of innovation, harmony, green, open and sharing as compared withconventional energy resources such as coal and crude oil. In “The 14thFive-Year Plan” and the draft of “Long-Range Objectives through theYear 2035”, the state once again emphasised that the promotion of greenand low-carbon development, the enhancement of the construction ofecological civilisation and the promotion and application of natural gasplayed an important role in protecting the ecological environment andpromoting the transition to green development. The natural gas market in China is still in the important developmentperiod,as China remains the most important region in the globalriseof natural gas development.CR Gas is well placed to takeadvantage of such a favorable operating environment and to becomethe most respectable leader in the PRC’s gas industry by continuouslyexpanding through organic and external growths; diligently enhancingits operational efficiency in pursue of excellence; delivering a safe andreliable supply of clean energy as well as the caring, competent andefficient services to our customers; offering growing and sustainableperformanceto shareholders;creating extensive professional andpersonal development opportunities to employees; and contributing tothe protection and improvement of the Chinese and global environment. Chairman’s Statement and Review of Operations and Results HALF-YEAR RESULTS 2.6%(GDP)5.0%(2024)4,196.26.36% In the first half of 2024, the overall growth of the world economy slowsdown and faces multiple challenges. According to the report releasedby the World Bank in June 2024, the global economic growth rate isexpected to stabilize at 2.6% in 2024. In the first half of 2024, China’sgross domestic product (GDP) represents a year-on-year increase of5.0%, indicating a gradual recovery in market demand. On 23 July2024, the National Energy Administration released the China NaturalGas Development Report (2024) which pointed out that in the secondhalf of 2024, domestic natural gas production will continue to increasesteadily, with annual consumption reaching a total of 419.62 billioncubicmeters,representing a year-on-year increase of 6.36%.TheClimate, Nature and Energy agenda at Davos Forum 2024 focuseson the interlinkages between global climate change, natural resourceconservation and energy transition. China is particularly emphasizedandregarded as an important promoter of global green and low-carbondevelopment.The trend of natural resource protecti