中国智慧能源：截至二零二三年十二月三十一日止年度之全年业绩公告

CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 1004 20232023(www.hkexnews.hk)(www.cse1004.com) * Corporate InformationChairman’s StatementBiographies of Directors and Senior ManagementManagement Discussion and AnalysisCorporate Governance ReportDirectors’ ReportIndependent Auditor’s ReportAudited Consolidated Financial StatementsConsolidated Statement of Profit or Loss andOther Comprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFive-Year Financial Summary 9 21 40 62 69 71 73 76 155 Corporate Information BOARD OF DIRECTORS Executive Directors Mr. Chen Xiaxuan(Chairman of the Board and Chief Executive Officer)Mr. Bo DatengMs. Yue Lu Independent Non-executive Directors Mr. Pun Hau ManMr. Lo Ka KiMr. Choi Pun Lap(appointed on 1 August 2024)Mr. Kwok Shun Sing(resigned on 31 July 2024) COMPANY SECRETARY Ms. Cheung Hoi Fun(ceased to act on 2 May 2024)Mr. Cheung Chung Yuen Wilson(appointed on 2 May 2024) AUTHORISED REPRESENTATIVES Mr. Chen XiaxuanMs. Cheung Hoi Fun(ceased to act on 2 May 2024)Mr. Cheung Chung Yuen Wilson(appointed on 2 May 2024) AUDIT COMMITTEE Mr. Lo Ka Ki(Chairman)Mr. Pun Hau ManMr. Choi Pun Lap(appointed on 1 August 2024)Mr. Kwok Shun Sing(resigned on 31 July 2024) REMUNERATION COMMITTEE Mr. Lo Ka Ki(Chairman)Mr. Pun Hau ManMr. Choi Pun Lap(appointed on 1 August 2024)Mr. Kwok Shun Sing(resigned on 31 July 2024) NOMINATION COMMITTEE Mr. Chen Xiaxuan(Chairman)Mr. Pun Hau ManMr. Lo Ka KiMr. Choi Pun Lap(appointed on 1 August 2024)Mr. Kwok Shun Sing(resigned on 31 July 2024) AUDITORS 38223 ZHONGHUI ANDA CPA LimitedCertified Public Accountants23/F, Tower 2, Enterprise Square Five38 Wang Chiu Road, Kowloon BayKowloon, Hong Kong REGISTERED OFFICE Clarendon House2 Church StreetHamilton HM11Bermuda Clarendon House2 Church StreetHamilton HM11Bermuda HEAD OFFICE AND PRINCIPAL PLACE OFBUSINESS IN HONG KONG 28212109 Room 2109, 21st FloorWayson Commercial Building28 Connaught Road WestSheung WanHong Kong PRINCIPAL SHARE REGISTRAR AND TRANSFEROFFICE Codan Services LimitedClarendon House2 Church StreetHamilton HM11Bermuda Codan Services LimitedClarendon House2 Church StreetHamilton HM11Bermuda HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 1617 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong PRINCIPAL BANKERS China CITIC Bank International LimitedDBS Bank (Hong Kong) LimitedBank of Communications (Hong Kong) Limited STOCK CODE 1004 1004 www.cse1004.com COMPANY WEBSITE www.cse1004.com Chairman’s Statement Dear Shareholders, 15.9%20%25%GDP13.5%18%609.49GW441.34GW12665GW In 2020, China officially made its commitment to the world that greendevelopment and carbon neutrality are the key macro themes in its long-term development. It aims to achieve “carbon neutrality” before 2060and have carbon dioxide emissions reaching its peak before 2030.The proportion of non-fossil energy to total energy consumption willincrease from 15.9% in 2020 to 20% in 2025 and further to 25% in2030. The energy consumption and carbon dioxide emissions per unitof GDP will reduce by 13.5% and 18%, respectively during the 14thFive-year Plan period. The government plans to implement systemsfocusing on carbon intensity control supported by the control on totalcarbon emissions. It implies that the economic structure will transformtowards energy concentration and the efficiency of energy utilization isexpected to improve and the energy structure will transform towardslow carbon intensity. China’s 14th Five-year Plan requires to vigorouslyexpand the size of wind power and photovoltaic power generation. Asof the end of 2023, the installed capacities of photovoltaic power andon-grid wind power in China amounted to 609.49GW and 441.34GW,respectively. Based on the target of reaching over 1.2 billion KW in totalinstalled capacities of wind power and solar power generation by 2030,the newly-added installed capacities of wind power and photovoltaicpower will reach 665GW from 2020 to 2030. During the period, China will“reasonably control” the construction size and development pace of coalfired power generation projects. At the same time, China will advance thegreen transformation of iron & steel, petrochemical, construction materialsand other traditional industries that have high energy consumption. It willalso adopt other measures such as the implementation of the market-based trading of energy usage quota and carbon emission quota. 205%-20% In the new energy sector, energy storage and comprehensive energyservices will enjoy huge development potential. In addition to thetraditional energy storage such as peak-load shifting and on-gridfrequency modulation, more than 20 provinces in China have explicitlyrequired the construction of 5%-20% ancillary energy storage facilitiesfor newly built wind power and solar plant stations.