粤电力Ｂ：2025年半年度报告

TheSemi-annualReport2025 August,2025 I.ImportantNotice,TableofContentsandDefinitions TheBoardofDirectors,DirectorsandSeniorExecutivesoftheCompanyherebyguaranteesthattherearenomisstatement,misleadingrepresentationorimportantomissionsinthisreportandshallassumejointandseveralliabilityfortheauthenticity,accuracyandcompletenessofthecontentshereof. Mr.ZhengYunpeng,TheCompanyleader,Mr.LiuWei,ChieffinancialofficerandtheMr.MengFei,thepersoninchargeoftheaccountingdepartment(thepersoninchargeoftheaccounting)herebyconfirmtheauthenticityandcompletenessofthefinancialreportenclosedinthissemi-annualreport. Withtheexceptionofthefollowingdirectors,otherdirectorsattendedtheBoardmeetingtoreviewthesemi-annualreport. Themainbusinessofthecompanyistheinvestment,constructionandoperationmanagementofpowerprojectsandnewenergyprojects.Fortherisksandcountermeasuresthatthecompanymayfaceinitsfuturedevelopment,RefertoSection10ofChapterIIIofthisannualreport-situationfacedandcountermeasuresforrelevantinformation. TheCompanyWillnotdistributecashdividendorbonusshares,neithercapitalizingofcommonreserves. TableofContents I.ImportantNotice,TableofcontentsandDefinitionsII.CompanyProfile&FinancialHighlights.III.ManagementDiscussion&AnalysisIV.CorporateGovernance,EnvironmentalandSocialResponsibilityV.ImportantEventsVI.ChangeofsharecapitalandshareholdingofPrincipalShareholdersVII.CorporateBondVIII.FinancialReportIX.OthersubmittedDate Documentsavailableforinspection 1.Financialstatementsbearingthesealandsignatureoflegalrepresentative,financialcontrollerandthepersoninchargeoftheaccountingorgan; 2..Alloriginalcopiesofofficialdocumentsandnotices,whichweredisclosedinChinaSecuritiesJournal,SecuritiesTimes,ShanghaiSecuritiesNews,SecuritiesDailyandHongKongCommercialDaily(BothEnglishandChineseversion); 3.Chineseversionofthesemi-annualreport. Thedocumentsmentionedabovearekeptinoffice,andarereadyforreferenceatanytime(exceptpublicholidays,SaturdayandSunday). Definition II.CompanyProfile&FinancialHighlights. I.CompanyProfile Ⅱ.Contactpersonandcontactmanner III.Otherinfo. 1.Wayofcontact Whetherregistrationaddress,officeaddressandcodesaswellaswebsiteandemailoftheCompanychangedinreportingperiodornot □Applicable√Notapplicable Registrationsaddress,officesaddressandcodesaswellaswebsiteandemailoftheCompanyhavenochangeinreportingperiod,foundmoredetailsinannualreport2023. 2.Informationinquiry Whetherinformationdisclosureandpreparationplacechangedinreportingperiodornot □Applicable√Notapplicable Noneoftheofficialpress,website,andplaceofenquiryhavebeenchangedinthesemireportingperiod.FordetailspleasefindtheAnnualReport2024. 3.Otherrelevantinformation Didanychangeoccurtootherrelevantinformationduringthereportingperiod? □Applicable√Notapplicable IV.SummaryofAccountingdataandFinancialindex Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdata□Yes√No V.Thedifferencesbetweendomesticandinternationalaccountingstandards 1).SimultaneouslypursuanttobothChineseaccountingstandardsandinternationalaccountingstandardsdisclosedinthefinancialreportsofdifferencesinnetincomeandnetassets. □Applicable□√NotapplicableNone 2).Differencesofnetprofitandnetassetsdisclosedinfinancialreportspreparedunder overseasandChineseaccountingstandards. □Applicable√NotapplicableNone VI.Itemandamountofnon-currentgainsandlosses √Applicable□Notapplicable InRMB □Applicable√Notapplicable None FortheCompany’snon-recurringgain/lossitemsasdefinedintheExplanatoryAnnouncementNo.1oninformationdisclosureforCompaniesOfferingtheirSecuritiestothePublic-Non-recurringGainsandLossesanditsnon-recurringgain/lossitemsasillustratedintheExplanatoryAnnouncementNo.1oninformationDisclosureforCompaniesofferingtheirsecuritiestothepublic-non-recurringGainsandlosseswhichhavebeendefinedasrecurringgainsandlosses,itisnecessarytoexplainthereason. √Applicable□Notapplicable III.ManagementDiscussion&Analysis Ⅰ.MainBusinesstheCompanyisEngagedinDuringtheReportPeriod TheCompanymainlyengagesintheinvestment,constructionandoperationmanagementofpowerprojects,andtheproductionandsalesofelectricpower.Itbelongstothepower,heatproductionandsupplyindustryclassifiedinthe“GuidelinesfortheIndustryClassificationofListedCompanies”bytheChinaSecuritiesRegulatoryCommission.Sinceitsfoundation,theCompanyhasalwaysadheredtothebusinesstenetof“Capitalfromthepeople,usingitforelectricity,andbenefitingthepublic”andadherestothebusinesspolicyof“Centeringonthemainbusinessofelectricity,withdiversifieddevelopment”,focusingonthemainbusinessofpowerandmakingthepowerstructuregodiversified.Inadditiontothedevelopment,constructionandoperationoflarge-scalecoal-firedpowerplants,italsohascleanenergyprojectssuchasLNGpowergeneration,windpowergenerationandhydropowergeneration,whichprovidesreliableandcleanenergytousersthroughthegridcompany. AsofJune30,2025,theCompanyhadacontrollableinstalledcapacityof43.1531millionkilowatts,ofwhich40.5593millionkilowattswereownedbytheCompanyand2.5938millionkilowattswerecontrolledbytheCompany.Among them