香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何部份內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 （根據公司條例在香港註冊成立的有限責任公司） （股份代號：836） 截至2022年12月31日止年度 全年業績公佈 經營業績概要 華潤電力控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司 （「本集團」）截至2022年12月31日止年度的經審核財務業績。 2022年，本公司擁有人應佔利潤（「淨利潤」）70.42億港元，較2021年淨利潤21.38 億港元增加49.04億港元或229.4%。 2022 年，每股基本盈利為1.46 港元，較2021 年每股基本盈利0.44 港元上升 229.4%。 2022年，可再生能源業務核心利潤貢獻為86.45億港元（2021年：89.26億港元）， 火電業務核心虧損為25.82億港元（2021年：虧損59.42億港元）。 董事會議決建議2022年末期股息為每股0.376港元。2022年11月已派發中期股息 每股0.21港元，2022年股息總額為每股0. ...

Financial Performance - For the six months ended June 30, 2022, the earnings per share decreased to HK$ 90.84 from HK$ 117.15 in 2021, representing a decline of approximately 22.5%[9]. - The turnover for the same period increased to HK$ 50,409,175,000, up from HK$ 42,799,952,000 in 2021, reflecting a growth of about 17.5%[9]. - Profit attributable to owners of the Company was HK$ 4,369,939,000, down from HK$ 5,635,468,000 in 2021, indicating a decrease of approximately 22.5%[9]. - Operating profit decreased to HK$ 7,410,556, down 7.1% from HK$ 7,979,180 in the previous year[63]. - Total comprehensive loss for the period was HK$ 2,576,134, compared to a comprehensive income of HK$ 7,363,727 in the same period last year[64]. - The Group's net profit for the first half of 2022 was approximately HK$ 4,370 million, representing a decrease of 22.5% compared to HK$ 5,635 million in the first half of 2021[122][123]. Operational Capacity - As of June 30, 2022, the total attributable operational generation capacity was 50,018 MW, an increase from 47,063 MW in 2021, representing a growth of approximately 6.3%[10]. - The total operational generation capacity of the company was 64,610 MW as of June 30, 2022, with an attributable operational generation capacity of 50,018 MW[16]. - The total gross generation volume of operating power plants was 112,470,302 MWh, slightly down from 114,442,088 MWh in 2021, a decrease of about 1.7%[9]. - The attributable operational generation capacity from wind, hydro-electric, and photovoltaic power combined was 16,302 MW, accounting for approximately 32.6% of the total capacity[3]. Renewable Energy Focus - The company has been included in the Hang Seng ESG 50 Index for three consecutive years, demonstrating its commitment to sustainable development[4]. - Attributable operational generation capacity of renewable energy increased from 7,024 MW in 1H18 to 16,302 MW in 1H22, reflecting a growth of approximately 132%[11]. - The renewable energy attributable operational generation capacity mix increased from 19.0% in 1H18 to 32.6% in 1H22, indicating a significant shift towards renewable sources[14]. - The core profit contribution from the renewable energy business amounted to HK$ 5.28 billion, reflecting a year-on-year growth of 5.8%[24]. Financial Position - Non-current assets increased to HK$ 227,535,156,000 from HK$ 221,417,796,000 in 2021, reflecting a growth of about 2.5%[10]. - The net debt to shareholders' equity ratio was 149.1% as of June 30, 2022, compared to 120.5% in 2021, indicating an increase in leverage[10]. - As of June 30, 2022, the Group's total assets were approximately HK$ 282.87 billion, with operational generation capacity of 64,610 MW and attributable operational generation capacity of 50,018 MW[24]. - Total equity attributable to owners of the Company was HK$ 86,538,290, a decrease from HK$ 88,991,769 at the end of 2021[66]. Cash Flow and Investments - Net cash flows generated from operating activities increased to HK$ 8,193,823, up from HK$ 4,782,248, representing a growth of 71.5%[67]. - Cash capital expenditure in the first half of 2022 was approximately HK$ 13.25 billion, with HK$ 9.47 billion allocated for wind and photovoltaic power plants[51]. - The Group's cash and cash equivalents at the end of the period were HK$ 9,479,901, compared to HK$ 4,326,081 at the end of the previous period, reflecting a substantial increase of 119.5%[68]. - The Group's repayment of bank and other borrowings was HK$ 16,707,290, up from HK$ 14,317,136, indicating an increase of 16.7%[68]. Market Strategy and Future Outlook - The strategic focus remains on clean energy supply and integrated energy services, aligning with carbon peak and carbon neutrality goals[22]. - Future outlook indicates a commitment to further market expansion and potential acquisitions to enhance operational capabilities[17]. - The Group aims to increase its installed capacity of renewable energy by 40 GW during the 14th Five Year Plan period (2021-2025)[52]. - The company is actively pursuing new technology developments in energy efficiency and sustainability to align with market trends[17]. Accounting Policies and Changes - The Group's financial statements for the six months ended June 30, 2022, have been prepared on a historical cost basis, except for certain financial instruments measured at fair value[175]. - The Group has applied amendments to HKFRSs for the first time, effective from January 1, 2022, with no material impact on financial positions and performance[173]. - The application of the amendments to HKAS 16 resulted in a net increase in profit for the period of HK$ 146,493,000 for the six months ended June 30, 2022[192]. - The changes in accounting policy also affected the condensed consolidated statement of cash flows, although specific details were not provided in the extracted content[200].

Operational Capacity and Generation - Total attributable operational generation capacity reached 47,997 MW, with renewable energy (wind, hydro, and photovoltaic) accounting for 15,441 MW, or 32.2% of the total capacity[4][7] - The company operates 37 coal-fired power plants, 141 wind farms, 31 photovoltaic power plants, 2 hydro-electric power plants, and 4 gas-fired power plants[4][7] - Renewable energy operational capacity increased to 15,441 MW in 2021, up from 11,238 MW in 2020[11] - Total operational generation capacity of the company was 60,465 MW as of December 31, 2021[14] - Attributable operational generation capacity was 47,997 MW as of December 31, 2021[14] - Renewable energy attributable operational generation capacity was 15,441 MW[15] - The company added 2,535 MW of attributable grid-connected installed capacity for renewable energy in 2021[25] - Operational generation capacity for renewable energy stood at 15,441 MW, with attributable operational generation capacity for renewable energy accounting for 32.2%, an increase of 6.3 percentage points over the previous year[25] - The company's attributable operational generation capacity for wind power was 14,337MW, with 1,402MW under construction, and photovoltaic power generation capacity was 824MW, with 1,417MW under construction[195] - The company added 2,535MW of new attributable grid-connected generation capacity for wind and photovoltaic power during the year[195] - The company's total net generation volume for 2021 was 177,300GWh, a 14.4% increase from 2020, with wind and photovoltaic power generation increasing by 57.8% and 63.2%, respectively, and thermal power generation increasing by 7.5%[200] Financial Performance - Revenue for 2021 was HK$89.8 billion, a significant increase from HK$69.55 billion in 2020[11] - Profit attributable to owners of the company in 2021 was HK$1.59 billion, a sharp decline from HK$7.58 billion in 2020[11] - Total assets grew to HK$287.36 billion in 2021, compared to HK$259.63 billion in 2020[11] - Cash and cash equivalents stood at HK$7.93 billion at the end of 2021, up from HK$5.04 billion in 2020[11] - Dividend per share for 2021 was HK$0.295, down from HK$0.631 in 2020[11] - Turnover for the year was HK$89.80 billion, representing a year-on-year increase of 29.1%[26] - Profit attributable to owners of the company amounted to HK$1.593 billion, with earnings per share of HK$0.33[26] - Core profit contribution from the company's renewable energy business was HK$8,381 million, a year-on-year growth of 85.37%[26] - Total assets of the company reached HK$287.4 billion as of the end of 2021[25] - Distributable reserves of the Company amounted to HK$16,949,959,000 as at 31 December 2021, a decrease from HK$18,952,516,000 in 2020[125] - Total borrowings of the Group increased to HK$128,495,939,000 as at 31 December 2021, up from HK$102,267,275,000 in 2020[126] - The Group issued corporate bonds and notes with a face value of RMB7,800,000,000 (equivalent to HK$9,540,102,000) as at 31 December 2021, down from RMB11,800,000,000 (equivalent to HK$14,020,288,000) in 2020[127] Renewable Energy Development - The company obtained construction permits for 12,310 MW of renewable energy throughout the year[31] - The company plans to add 40,000 MW of installed capacity for renewable energy during the 14th Five-year Plan period, aiming for renewable energy to account for over 50% of total attributable installed capacity by the end of 2025[30] - The company commenced construction of its first offshore wind power project, the China Resources Cangnan 1 offshore wind power project, which is also the first Chinese offshore wind power project with a parity tariff under construction[32] - The company aims to add 40,000 MW of renewable energy capacity during the "14th Five-Year Plan" period, with renewable energy equity capacity exceeding 50% by the end of 2025[34] - In 2021, the company obtained new energy construction indicators totaling 12,310 MW[34] - The company obtained approvals or filed for 1,800MW of wind power projects and 35,000MW of photovoltaic power projects, totaling 36,800MW[196] Environmental and Sustainability Initiatives - The company has been included in the Hang Seng ESG 50 Index and Hang Seng Corporate Sustainability Benchmark Index for two consecutive years[5][6] - The company invested RMB 1,096 million in upgrading fully enclosed coal yards, integrated sewage treatment, and hazardous waste disposal for coal-fired power units[45] - The company completed the first day of trading in the national carbon trading market in July 2021 and successfully fulfilled the first carbon contract cycle by the end of 2021[38] - The company participated in the first green power trading in September 2021 and completed the first voluntary inter-provincial green power trade in November 2021[38] - The company ranked No. 1 in the "Central State-owned Enterprises ESG • Pioneer 50" index among 440 centrally owned listed holding companies[43] - The company established the China Resources Carbon Neutrality Institute to research the detailed implementation timetable and roadmap for carbon peak and carbon neutrality[44] - The Group adheres to environmental sustainability, focusing on resource conservation, clean and renewable energy projects, and emission control[104] Corporate Governance and Leadership - Ms. Wang Xiaobin is a member of the Australian Certified Practising Accountants Association and holds a Graduate Diploma in Applied Finance and Investment from the Australian Securities Institute and a Bachelor of Commerce degree from Murdoch University[69] - Mr. Liu Guixin, aged 58, was appointed as a Non-executive Director in September 2021 and has over 30 years of experience in the building materials and cement industry[70] - Mr. Chen Guoyong, aged 60, was appointed as a Non-executive Director in September 2021 and has extensive experience in the gas industry, serving as Vice President of CR Gas since March 2012[71] - Ms. Elsie Leung Oi-sie, aged 83, was appointed as an Independent Non-executive Director in April 2010 and has a distinguished career in law and public service, including serving as the first Secretary for Justice of the Hong Kong Special Administrative Region[72][73][74][75] - Dr. Raymond Ch'ien Kuo Fung, aged 70, was appointed as an Independent Non-executive Director in April 2010 and has served on the boards of several major corporations, including Swiss Re Limited and Hang Seng Bank Limited[76] - Dr. Ch'ien was appointed as an Independent Non-executive Director of the company in April 2010 and served until April 13, 2022[79] - Dr. Ch'ien holds a Doctoral Degree in Economics from the University of Pennsylvania and served as a Trustee from 2006 to 2016[78] - Mr. Jack So Chak Kwong was appointed as an Independent Non-executive Director of the company in June 2014 and assumed the chairmanship of the Airport Authority Hong Kong in June 2015[80] - Mr. Jack So Chak Kwong served as the chairman of the Hong Kong Trade Development Council from 2007 to 2015 and as the chairman and CEO of MTR Corporation Limited from 1995 to 2003[80] - Mr. Yang Yuchuan was appointed as an Independent Non-executive Director in September 2021 and is the CEO and Chief Macro Economist of Prime China Securities Limited[85] - Mr. Yang Yuchuan holds a Bachelor's Degree from Shanghai Jiao Tong University and an MBA from the University of San Francisco[85] - Mr. Shi Baofeng was appointed as President and Director on 30 September 2021[134] - Mr. Tang Yong resigned as President on 30 September 2021[134] - Mr. Yang Yuchuan was appointed as an Independent Non-executive Director on 15 September 2021[134] - Mr. Andrew Ma Chiu-Cheung resigned as an Independent Non-executive Director on 15 September 2021[134] - The Group regards the President, Senior Vice Presidents, Vice Presidents, and Assistant Presidents as members of the senior management team[145] Risk Management and Compliance - The company established an Internal Control and Risk Management Committee to conduct regular risk assessments and supervision[57] - The company conducted ongoing supervisory actions, including review of rules and regulations, examination of connected transactions, and ecological and environmental compliance[57] - The company emphasized the importance of compliance, business ethics, and risk management, conducting regular trainings in these areas[57] - The company formulated a detailed annual implementation plan under the three-year reform initiative, focusing on strategy formulation, policymaking, and risk prevention[56] - Principal risks and uncertainties facing the Group include operational risks, policy risks, industry risks, market risks, business risks, and financial risks[97] - The Group has complied with relevant laws and regulations, including the Hong Kong Companies Ordinance and the Listing Rules, during the year ended December 31, 2021[108] - The company complied with the disclosure requirements for continuing connected transactions under Chapter 14A of the Listing Rules for the year ended 31 December 2021[181] Social Responsibility and Community Engagement - The company's vaccination rate for eligible employees reached 99.92% by the end of 2021[50] - The company donated approximately RMB 15.43 million in cash and in-kind for anti-epidemic, poverty aid, elderly care, environmental protection, and community development initiatives in 2021[51] - Charitable donations made by the Group during the year amounted to approximately RMB155 million, a decrease from RMB175 million in 2020[128] - The Group values employees as important assets, focusing on career development and work-life balance through training and a supportive work environment[112] - The Group maintains stable long-term relationships with customers and suppliers, emphasizing good cooperative relationships and communication[113] Strategic Partnerships and Agreements - The company entered into a strategic cooperation agreement with CR Bank, with a maximum daily deposit cap of RMB 2 billion and a maximum daily cap of financial services of RMB 1 billion[170][171] - Actual maximum daily deposit amount for 2021 was approximately RMB 1,824.69 million, with commercial loans provided amounting to RMB 23 million[170][171] - The strategic cooperation agreement with CR Bank was renewed on 14 December 2021, effective from 1 January 2022[170][171] - The company's auditor issued an unqualified letter regarding the continuing connected transactions, confirming compliance with Hong Kong Listing Rules[173] Shareholding and Equity - Zhang Junzheng holds 700,000 ordinary shares of the company, representing 0.015% of the issued shares[151] - Wang Xiao Bin holds 3,664,560 ordinary shares of the company, representing 0.076% of the issued shares[151] - CRH (Power) Limited holds 3,027,003,337 ordinary shares of the company, representing 62.93% of the issued shares[162] - CRH holds 3,027,905,337 ordinary shares of the company, representing 62.94% of the issued shares[162] - CRC Bluesky Limited holds 3,027,905,337 ordinary shares of the company, representing 62.94% of the issued shares[162] - CRC holds 3,027,905,337 ordinary shares of the company, representing 62.94% of the issued shares[162] - CRCL holds 3,027,905,337 ordinary shares of the company, representing 62.94% of the issued shares[162] - Wang Chuandong holds 800,000 ordinary shares of CR Gas, representing 0.035% of the issued shares[152] - Shi Baofeng holds 950,000 ordinary shares of CR Pharmaceutical, representing 0.015% of the issued shares[153] Operational and Financial Details - The company's top five suppliers accounted for 26.11% of total procurement, with the largest supplier, China Coal Energy Nanjing Co., Ltd., accounting for 7.82%[188] - The company's top five customers accounted for 46.79% of total sales, with the largest customer, State Grid Jiangsu Electric Power Co., Ltd., accounting for 14.38%[188] - Significant transactions with related parties during the year included interest expense paid to CRH of HK$51,377 thousand and software maintenance expense paid of HK$20,865 thousand[177] - The company's joint ventures reported sales of coal amounting to HK$1,375 thousand and sales of heat amounting to HK$112,055 thousand[179] - The company's associates reported sales of coal amounting to HK$3,009,567 thousand and sales of electricity amounting to HK$122,338 thousand[178] - The company's subsidiaries provided retail power agency services amounting to HK$22,725 thousand and maintenance services amounting to HK$716 thousand[177] - The company's subsidiaries reported rental expenses of HK$94,135 thousand and renovation fees of HK$56,662 thousand[178] - The company's joint ventures reported maintenance expenses of HK$116,438 thousand and management fee income of HK$69,046 thousand[179] - The company's non-controlling shareholders reported interest income of HK$567 thousand[179] Future Outlook and Strategic Goals - The company is optimistic about the future prospects of renewable energy, driven by increasing demand for energy consumption and global commitments to carbon emission reduction[59] - The company aims to become a world-class clean energy supplier and provider of integrated energy services, focusing on improving installed capacity, asset mix, technology innovation, and operational management[60] - The company expects wind power and photovoltaic energy conversion efficiency to increase and equipment costs to decrease, providing profit returns[59] - The company is committed to maintaining its competitive edge by aligning with government policies and market developments in the renewable energy sector[60] - The company is focused on delivering growing value for shareholders through continuous improvement in various operational aspects[60]

Operational Capacity and Energy Generation - As of December 31, 2019, CR Power operated 36 coal-fired power plants, 96 wind farms, 21 photovoltaic power plants, 2 hydro-electric plants, and 3 gas-fired power plants, with a total attributable operational generation capacity of 40,392 MW[7]. - The attributable operational generation capacity in renewable energy (wind, hydro-electric, and photovoltaic) totaled 9,420 MW, accounting for approximately 23.3% of the total capacity[7]. - CR Power's thermal power generation capacity includes 1,000MW, 600MW, and 300MW plants across various locations[13]. - The company operates multiple renewable energy projects, including wind and photovoltaic plants, contributing to a diversified energy portfolio[13]. - CR Power's renewable energy projects account for 62.94% of its total energy generation capacity[13]. - The total installed capacity across various provinces is 1,950 MW in Jiangsu, 2,000 MW in Guangdong, and 1,840 MW in Henan, among others[14]. - The Group's total attributable operational generation capacity was 40,392 MW, with thermal power plants accounting for 76.7%[161]. - The average full-load equivalent utilization hours of the Group's coal-fired power plants was 4,725 hours, a decrease of 5.5% from 2018, but exceeding the national average by 432 hours[161]. - The attributable generation capacity of newly commissioned wind and photovoltaic power projects reached 1,871 MW and 5.1 MW respectively in 2019[163]. - The average utilization hours for wind power generation units of the Group was 2,201 hours, exceeding the national average by 119 hours[162]. - The Group's attributable operational wind power generation capacity was 8,687 MW, with 3,809 MW under construction at the end of 2019[163]. - The Group's attributable operational photovoltaic generation capacity reached 453 MW, with 98 MW under construction[163]. Financial Performance - In 2019, the company's turnover was HK$67,757.6 million, a decrease from HK$76,940.1 million in 2018, representing a decline of approximately 11.4%[9]. - Profit attributable to owners of the company for 2019 was HK$6,950.3 million, an increase of 75.7% compared to HK$3,950.4 million in 2018[9]. - Basic and diluted earnings per share attributable to owners of the company were both HK$1.37 in 2019, up from HK$0.83 in 2018[9]. - The company declared a dividend per share of HK$0.548 for 2019, compared to HK$0.328 in 2018, marking a 67.1% increase[9]. - Revenue for the year decreased by 11.9% compared to the previous year, totaling HK$67.758 billion, primarily due to business restructuring from the disposal of coal mining assets in 2018[18]. - Profit attributable to owners of the company increased by approximately 66.8% compared to 2018, reaching HK$6.59 billion[18]. - The Group's consolidated turnover for the year ended December 31, 2019, was HK$67,757,632, a decrease of 11.4% from HK$76,940,125 in 2018[184]. - Operating profit increased to HK$12,888,458 in 2019, compared to HK$11,348,285 in 2018, reflecting a growth of 13.6%[184]. - Profit for the year attributable to owners of the Company rose to HK$6,590,345, up from HK$3,950,435 in 2018, representing a significant increase of 67.1%[184]. - Total operating expenses decreased to HK$57,862,974 in 2019 from HK$66,175,052 in 2018, a reduction of 12.5%[184]. - The Group's profit before income tax for 2019 was HK$9,653,016, compared to HK$7,311,175 in 2018, marking a growth of 32.0%[184]. Investments and Capital Expenditure - Non-current assets increased to HK$186,166.2 million in 2019 from HK$178,274.1 million in 2018, reflecting a growth of approximately 4.0%[9]. - The Group's cash capital expenditure in 2019 was approximately HK$22,786 million, with HK$17,685 million allocated to renewable energy projects[173]. - The expected cash capital expenditure for 2020 is approximately HK$24 billion, with HK$19 billion earmarked for renewable energy projects[180]. - The Group plans to develop a total of 1,222 MW of new coal and gas power generation capacity in 2020, including a 1,000 MW supercritical unit in Hebei[181]. Environmental and Social Responsibility - The company invested RMB1.828 billion in environmental protection, improving key indicators of energy consumption and emissions[26]. - The average net generation standard coal consumption rate decreased to 296.64 g/kWh, down by 2.90 g/kWh from 2018[26]. - The company captured approximately 20,000 tonnes of carbon dioxide annually through its carbon capture testing platform, contributing to waste resource utilization[28]. - The company participated in charitable activities, donating approximately RMB117 million to support poverty alleviation and education initiatives[32]. - By the end of 2019, a total of 515 MW of renewable energy projects were implemented, contributing over RMB 36 million annually to poverty alleviation and effectively lifting approximately 36,000 people out of poverty[33]. - The company donated approximately RMB 117 million to social causes throughout the year, including poverty alleviation and educational support, while also creating 855 new jobs[35]. Strategic Initiatives and Future Outlook - The company aims to enhance service capabilities and customer engagement while focusing on industrial energy efficiency and smart energy solutions[2]. - CR Power plans to continue promoting advanced technologies such as energy storage and hydrogen energy in its operations[2]. - The company is focusing on expanding its renewable energy portfolio, particularly in wind and photovoltaic projects across multiple provinces[14]. - Future outlook includes maintaining high effective equity interests and increasing installed capacity in key regions[14]. - The company is exploring new technologies and products to enhance operational efficiency and sustainability in energy production[14]. - The company aims to enhance service capabilities and customer loyalty while expanding its power sales business in response to market reforms[38]. - The company plans to actively stock up on quality wind and solar power resources in Northern, Northeastern, and Northwestern China, as well as offshore locations, to drive earnings growth[37]. - The Group plans to accelerate the construction of wind power projects in response to the government's grid parity policy starting in 2021[176]. Governance and Leadership - The company has a diverse board with members holding qualifications from prestigious institutions, enhancing governance and oversight[52]. - The board includes members with significant experience in various sectors, including law, finance, and public service, contributing to strategic decision-making[53]. - The company has a strong leadership team with diverse backgrounds in finance, governance, and industry experience, enhancing its strategic decision-making capabilities[54][55][57][58]. - The management team collectively brings decades of experience in the energy sector, which is critical for navigating market challenges and opportunities[62]. - The leadership team's diverse expertise positions the company well for future challenges and opportunities in the energy sector[65]. Risks and Compliance - The Group faces various risks, including operational, policy, industry, market, business, and financial risks, which are outlined in the report[69]. - The Group has complied with all relevant laws and regulations that significantly impact its operations during the year ended December 31, 2019[75]. - The company has complied with the disclosure requirements regarding connected transactions for the year ended December 31, 2019[147]. - The auditor issued an unqualified letter regarding the continuing connected transactions disclosed by the group[141].