山西安装2024年度报告

(A joint stock company incorporated in the People’s Republic of China with limited liability)Stock Code: 2520 ANNUAL REPORT2024 24672536567476828589929496304 http://www.sxaz.com.cn azjtssb@sxcig.com(86) 0351–5679309 8 33191919 H183171712–1716 (FCG, HKFCG) 225 18 89 69 02520 2024168.5720233.87%—S1—600 2024+300MW5+158—— 202311222,677AA+A5.51%5.02% 4133 2024211BIMBIM +BIM + 14300 2025+ 20242024326,5013.9% 1. 2024202413.55.18.495%620252 2025113060 2024385%95,8281.28202386% 730202550% 2. 2024(MTA)80085%20247,00050%2025 2025 2025 2025 202726,884 20271,031 (i)(ii) (i)(ii)(iii)5,000 1. 2. 2017.520262090%10% 3. 2023–202520251,0002022 4. 202314 5. 202515 2024197,810.22.1%12,205.823.8% 2024 2024AAAEPC2.5GW400MWEPC300MW2024EPC5 +1018LNG600S1EPCEPC—20242024 1EPC(EPC) EPC 8 (1)(2)(3)(4) 12,242.92023123110,971.111.59% 9,091.220236,371.542.68%2024 904.420232,243.359.69% 1,264.520231,280.61.26% LNG 939.120231,044.910.12%LNG 202410,722.59,571.912.02% 20241,520.41,399.28.66% 202412.42%202312.75% 202430.935.813.81% LNG 20241.31.59.92% 2024470.5516.68.94% 2024593.4443.233.89% PPP 2024102.396.46.14% 20249.211.418.96% 2024–2.64.6157.91% 20240.90.70.2 2024ECL 77.70.5 202427.710.017.7 2024224.8225.10.16% 202415.219.64.4 2024209.5205.61.93% 2024155.7157.51.8 202412311,261.820231231297.1 2024123153.96%2023123155.27% 2024123154.3%2023123159.5% 20241231 20241231210.220231231195.17.76% 202412315% 20241231 202412313,70462320231231613 2024–312.52023123154.017,189.42023123117,060.417,502.02023123117,006.41.0 20242,626.8202312312,636.5202412312,200.8202312312,090.2 202412316,119.0202312315,951.8 (a)(b)(c) 20231122 20241231 — — — — — BIMBIMBIMBIMBIM+ AI — — 502018320223 30199410200422011320143201462016420183202011 2010120206 200611201912 2019–2020202020221220231020247 442018220223 24200010201232014620177201822021220212 201712023420191110 201410202011 201412013201720192016–2017202162020–2021 532013920223 301993719951219989200011200312011620182 1993720197 20031120166202212 5220211020223 261996720044202011202011 19967 201311 4620211020223 242002920103201172011720165201742020420201120249202410 20177 532022320223 25199571998820001120046200412202222025320254 20027200512 20211020223 301993820031020031020151020169 19991220057 19975 63202232023111 40202019819198571998102004120181020181202252021920221202212020112022120227202311 200012 622022320231111331201320192020 1501020204300069202246005462023287197020204201152016360100620121120165601699 2006 512022320231112120247202465430516202310202272023102019520225201762019520145201762011420144200962011420011120092 1995 200619991999 632022102023111 1982719892000 31000725 43202110 20200292012102014320143201810201912019112021320213 20181 10202111 3420245 201472016102018620187201912019220233202332024620247 2014720199 4220211020126 49 3019958200882010920172201772018920204202042019120204 2004720137 200912201612201562014 42 202002620131220177202042020112021420219 2009120161 201162020112022102021 49 27199792008720143201462015120183BIM 1997620097201712 2017122018201912 53 30199481998320038201452014820156201912021420218 199472004620126 201411 4518200472005820147201512016220203202142021420229 20047 20148 4120058201622019120178202032021420191120213 20057200972014102016820227 19 C120241231 20241231 11344 20241231 3.13 20241231 1231 A:B: 1144363 41–50351–60561–703 101 344 4313 11 443 3% 20241231 20241231 • • • • • • 4202312312024630 • • • • • • • • •17 • 1 20241231 0400,000400,000600,000600,0001,000,000 ••••••• 12023 A.2.1 20241231 2024 20244 20241231 2024123127.0% 9.1%116.7%127.0%997 20241231 2024 3.2915 •••10%•••• 3%10 33191919 1. 2.3. 80300320351–5679309 (www.sxaz.com.cn) 2024522 •••••••• 2024123111 (2024522)(2024522) (i)(ii)(iii)(iv)(i)(ii)(iii)(iv) 2024123120241231 5.54%22.71% 9.37%25.72% 5% 20241231100.045376.2 2025529202564HH2025528H183171712–17162025718202564HH 82303 6 13 14 5 202412311,373,486,0001,373,486,0001.002024123135 20241231 (1) [1993]045[2011]34810%10%10%(1)10%201935H10% H(2)10%20%(3)20% 2006821[2006]88410%25%5% [2014]81[2016]127HH20% (2) 20081110%H10% H[2008]897H200810% [2014]81[2016]127H 20182019200811200811H202310%HH10%2024 2024123130,405 38 2025425 2535 13.51(B) 3 20241231 13.2113.22 20241231XVXV78352 20241231XV233365% (7)CITIC Securities Company LimitedCITIC Securities International Company Limited100%CITIC Securities International CompanyLimitedCSIGlobal Markets Holdings Limited100%CSIGlobal Markets Holdings LimitedCITICSecurities InternationalCapitalManagement Limited100%CITICSecurities Company Limited CITIC Securities InternationalCompany LimitedSI Global Markets Holdings LimitedCITIC Securities International Capital Management Limited (8)GaoTeng Global Asset Management Limited100%GaoTeng Global Asset Management LimitedGaoTeng Overseas