2023 年度報告 目錄 13 董事、監事及高級管理層 35 企業管治報告 56 財務報表－按國際財務報告 準則編製 2 6 8 18 管理層討論與分析 51 公司資料 131 五年財務概要 公司簡介 董事長報告書 業務回顧與展望 20 董事會報告書 52 獨立核數師報告 132 補充資料 2 華電國際電力股份有限公司 二零二三年年報 公司簡介 華電國際電力股份有限公司（「本公司」），連同其附屬公司（「本集團」）為中華人民共和國（「中國」）最大型的綜合能源公司之 一，其主要業務為建設、經營發電廠，包括大型高效的燃煤、燃氣發電機組及多項可再生能源項目。本集團在運營的控股 發電資產遍佈全國十二個省、市，地理位置優越，主要處於電力負荷中心、熱力負荷中心或煤炭資源豐富區域。截至本報 告日，本集團已投入運行的控股發電企業共計45家，控股裝機容量為58,449.78兆瓦，主要包括燃煤發電控股裝機46,890 兆瓦，燃氣發電控股裝機9,094.59兆瓦和水力發電控股裝機2,459兆瓦。 華電國際電力股份有限公司 二零二三年年報 3 公司簡介（續） | | | | 本公司 | | | --- | --- | --- | -- ...

股 票 研 究 [Table_industryInfo] 电力 [ Table_Main[华I Tnaf 电bol]e 国_Ti际tle]电 力股份（1071） [评Tab级le_：Inv est] 增持 当前价格（港元）： 4.25 火电业绩改善，股息价值凸显 2024.03.28 海 [ 交Ta易bl数e_M据a rket] 外 于鸿光(分析师) 孙辉贤(研究助理) 汪玥(研究助理) 52周内股价区间（港元） 2.81-4.36 当前股本（百万股） 10,228 公 021-38031730 021-38038670 021-38031030 当前市值（百万港元） 43,467 司 yuhongguang025906@gtjas.c sunhuixian026739@gtjas.co wangyue028681@gtjas.com 证书编号 oSm08 80522020001 mS0 880122070052 S0880123070143 （ [ Table_PicQuote] 中 本报告导读： 52周内股价走势图 国 4Q23资产减值同比收窄，资产负债表有望持续修复，分红仍有潜在提升空间。 华电国际电力 ...

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告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 華 電 國 際 電 力 股 份 有 限 公 司 Huadian Power International Corporation Limited* （在中華人民共和國（「中國」）註冊成立之中外合資股份有限公司） （股份代碼：1071） 截至二零二三年十二月三十一日止財政年度之業績公告 華電國際電力股份有限公司（「本公司」）董事會（「董事會」）欣然公佈本公司及其 附屬公司（「本集團」）截至二零二三年十二月三十一日止財政年度的綜合業績，該 綜合業績摘錄自按國際財務報告準則編製並已經審計的本集團合併財務報表。 財務及業務摘要 • 二零二三年，本集團完成發電量為223.80百萬兆瓦時，較上年同期增長約 1.30%；完成上網電量209.55百萬兆瓦時，較上年同期增長約1.21%； • 二零二三年，本集團實現營業額約為人民幣1,163.76億元，比二零二二年度 增加約9.83%； • 二零二三年，本集團實現歸屬於本公 ...

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告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，幷明確表示，概不對因本公告全部或任何部份 內容而産 生或因倚賴該等內容而引致的任何損失承擔任何責任。 華電國際電力股份有限公司 Huadian Power International Corporation Limited* （在中華人民共和國（「中國」）註冊成立之中外合資股份有限公司） （股份代碼：1071） 二零二三年第三季度業績 華電國際電力股份有限公司（「本公司」）二零二三年第三季度報告（「第三季度報 告」）內所載的財務資料均未經審計，並根據中國企業會計準則而編制。 本公告乃本公司根據《證券及期貨條例》（香港法例第 571 章）第 XIVA 部及香港聯 合交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條和第13.10B條作出。 一、重要內容提示： 1.1 本公司董事會、監事會及董事、監事、高級管理人員保證季度報告內容的真實、 準確、完整，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法 律責任。 1.2 本公司負責人、主管會計工作負責人及會計機構負責人（會計主管人 ...

Financial Performance - Revenue for the period reached approximately RMB 59.053 billion, a 20.65% increase compared to the same period in 2022[4] - Net profit attributable to equity holders of the company was approximately RMB 2.877 billion, an 80.88% year-on-year growth[4] - Basic earnings per share were approximately RMB 0.239[4] - Revenue for the first half of 2023 reached RMB 59,053,025 thousand, a 20.6% increase compared to RMB 48,945,471 thousand in the same period of 2022[62] - Operating profit for the first half of 2023 was RMB 2,186,102 thousand, a significant improvement from an operating loss of RMB 872,236 thousand in the first half of 2022[62] - Net profit attributable to equity holders of the company for the first half of 2023 was RMB 2,876,840 thousand, an 80.9% increase from RMB 1,590,477 thousand in the same period of 2022[63] - Basic earnings per share for the first half of 2023 were RMB 0.239, compared to RMB 0.115 in the first half of 2022[63] - Permanent capital securities holders' attributable profit for the first half of 2023 was approximately RMB 474 million, compared to RMB 453 million in the same period of 2022[115] Installed Capacity and Power Plants - The company's total installed capacity is 57,284.24 MW, including 46,230 MW of coal-fired power, 8,589.05 MW of gas-fired power, and 2,459 MW of hydro power[5] - The company operates 45 power generation enterprises across 12 provinces, autonomous regions, and municipalities in China[5] - The company's largest coal-fired power plant, Huadian Hubei Power Generation Co., Ltd., has an installed capacity of 6,855.6 MW[9] - The company's largest gas-fired power plant, Huadian Zouxian Power Generation Co., Ltd., has an installed capacity of 2,575 MW[7] - The company's largest hydro power plant, Huadian Li'an Power Plant Co., Ltd., has an installed capacity of 1,320 MW[9] - The company's largest power plant by installed capacity is Huadian Laizhou Power Generation Co., Ltd., with 4,000 MW[7] - The company's largest power plant by equity ownership is Huadian Zouxian Power Generation Co., Ltd., with 100% ownership[7] - Huadian International Power Co., Ltd. has a total installed capacity of 1,260 MW at its Suzhou Power Plant, with a 97% ownership stake[10] - The Wuhu Power Plant has an installed capacity of 2,320 MW, with the company holding a 65% ownership stake[10] - The Shijiazhuang Yuhua Thermal Power Plant has an installed capacity of 600 MW, fully owned by the company[10] - The Shijiazhuang Luhua Thermal Power Plant has an installed capacity of 661 MW, with the company holding a 90% ownership stake[10] - The Xinxiang Power Plant has an installed capacity of 1,320 MW, with the company holding a 90% ownership stake[10] - The Luohe Power Plant has an installed capacity of 660 MW, with the company holding a 75% ownership stake[10] - The Qudong Power Plant has an installed capacity of 660 MW, with the company holding a 90% ownership stake[10] - The Guang'an Power Plant has an installed capacity of 2,400 MW, with the company holding an 80% ownership stake[10] - The Tianjin Development Zone Branch has an installed capacity of 510 MW, fully owned by the company[11] - The Pingjiang Power Plant has an installed capacity of 2,000 MW, fully owned by the company[11] Shareholding and Capital Structure - The company's "Huadian Dingzhuan" convertible bonds were fully converted into unrestricted tradable shares, with a total of 14,701,590 bonds (RMB 1,470.159 million) converted into 357,702,918 shares, accounting for 3.62% of the total issued shares before the conversion period[44] - China Huadian holds 4,534,199,224 A-shares (44.33%) and 85,862,000 H-shares (0.84%) as the beneficial owner, with the H-shares held through its wholly-owned subsidiary[46] - Shandong Development Investment Holding Group Co., Ltd. holds 664,865,346 A-shares (6.50%) as the beneficial owner[46] - The company's total share capital after the conversion of convertible bonds is 10,227,561,133 shares[44] - The company issued RMB 11,500 million in permanent capital securities during the first half of 2023, compared to RMB 2,500 million in the same period of 2022[120] - The company redeemed RMB 4,000 million in perpetual capital securities during the first half of 2023, compared to RMB 1,500 million in the same period of 2022[120] Corporate Governance and Compliance - The company appointed ShineWing Certified Public Accountants (Special General Partnership) and ShineWing (Hong Kong) CPA Limited as its domestic and overseas auditors for 2023, replacing BDO China Shu Lun Pan Certified Public Accountants LLP and BDO Limited[43] - The audit committee consists of five members, including two non-executive directors and three independent non-executive directors[54] - The company has established a strategic committee and formulated the "Strategic Committee Work Rules"[54] - The company adheres to stricter corporate governance standards than those required by the "Corporate Governance Code"[53] - The company has implemented policies for directors and employees regarding the trading of company securities, which are not less stringent than the "Standard Code"[54] - The company has complied with the environmental, social, and governance (ESG) requirements of the Hong Kong Listing Rules[53] - The company has established a comprehensive governance structure, including shareholder meetings, board of directors, and supervisory board, with regular training on corporate governance and standardized operations[53] Financial Position and Cash Flow - Total assets as of June 30, 2023, were RMB 196,997,840 thousand, a slight decrease from RMB 197,570,137 thousand as of December 31, 2022[64] - Cash and cash equivalents as of June 30, 2023, were RMB 6,522,622 thousand, a 10.4% increase from RMB 5,907,615 thousand as of December 31, 2022[64] - Total liabilities as of June 30, 2023, were RMB 90,450,141 thousand, a slight decrease from RMB 90,702,282 thousand as of December 31, 2022[66] - Equity attributable to equity holders of the company as of June 30, 2023, was RMB 70,697,958 thousand, a 15.1% increase from RMB 61,408,847 thousand as of December 31, 2022[66] - Non-current assets as of June 30, 2023, were RMB 132,389,631 thousand, a 3.3% increase from RMB 128,171,003 thousand as of December 31, 2022[64] - Current liabilities as of June 30, 2023, were RMB 56,448,725 thousand, a 10.5% decrease from RMB 63,091,810 thousand as of December 31, 2022[65] - Net cash used in investing activities for the first half of 2023 was RMB 4,041 million, compared to RMB 2,812 million in the same period of 2022[119] - Net cash from financing activities for the first half of 2023 was RMB 2,905 million, a significant improvement from a net cash outflow of RMB 368 million in the same period of 2022[120] - The company raised RMB 48,524 million in loans during the first half of 2023, up from RMB 36,043 million in the same period of 2022[120] - The company repaid RMB 49,682 million in loans during the first half of 2023, compared to RMB 38,985 million in the same period of 2022[120] Dividends and Capital Commitments - The total amount of dividends declared for 2022 was approximately RMB 2,045 million, down from RMB 2,467 million in the same period of 2022[117] - Capital commitments for power plant construction and technical renovation projects totaled RMB 6,436 million as of June 30, 2023, up from RMB 5,991 million at the end of 2022[118] - The company paid RMB 325 million in dividends to permanent capital securities holders during the first half of 2023, compared to RMB 311 million in the same period of 2022[120] Other Information - No entrusted or overdue fixed deposits as of June 30, 2023, with no significant deposits unrecoverable at maturity[50] - Total number of employees as of June 30, 2023, is 24,221[52] - The company held four board meetings in the first half of 2023[54] - The company has reviewed and adjusted comparative financial data for the six months ended June 30, 2022, and the year ended December 31, 2022[60]

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告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 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。 華 電 國 際 電 力 股 份 有 限 公 司 Huadian Power International Corporation Limited* （在中華人民共和國（「中國」）註冊成立之中外合資股份有限公司） （股份代碼：1071） 二零二三年中期業績公告 財務及業務摘要 • 完成發電量約為107.59百萬兆瓦時； • 完成上網電量約為100.73百萬兆瓦時； • 實現營業額約為人民幣590.53億元； • 實現歸屬於本公司權益持有人應佔本期間利潤約為人民幣28.77億元； • 基本每股盈利約為人民幣0.239元。 ...

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告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，幷明確表示，概不對因本公告全部或任何部份內容而産生或 因倚賴該等內容而引致的任何損失承擔任何責任。 華電國際電力股份有限公司 Huadian Power International Corporation Limited* （在中華人民共和國（「中國」）註冊成立之中外合資股份有限公司） （股份代碼：1071） 二零二三年第一季度業績 華電國際電力股份有限公司（「本公司」）二零二三年第一季度報告（「第一季度報告」） 內所載的財務資料均未經審計，並根據中國企業會計準則而編制。 本公告乃本公司根據《證券及期貨條例》（香港法例第 571章）第XIVA 部及香港聯合 交易所有限公司證券上市規則（「上市規則」）第 13.09(2)(a)條和第13.10B條作出。 一、重要提示 1.1 本公司董事會、監事會及董事、監事、高級管理人員保證季度報告內容的真實、準 ...

年 度 報 告 2022 目錄 12 董事、監事及高級管理層 30 企業管治報告 48 財務報表－按國際財務報告 準則編製 2 6 8 16 管理層討論與分析 44 公司資料 139 五年財務概要 公司簡介 董事長報告書 業務回顧與展望 18 董事會報告書 45 獨立核數師報告 140 補充資料 2 華電國際電力股份有限公司 二零二二年年報 公司簡介 華電國際電力股份有限公司（「本公司」），連同其附屬公司（「本集團」）為中華人民共和國（「中國」）最大型的綜合能源公司之 一，其主要業務為建設、經營發電廠，包括大型高效的燃煤、燃氣發電機組及多項可再生能源發電項目。本集團在運營的 發電資產遍佈全國十二個省、自治區及直轄市，地理位置優越，主要處於電力負荷中心、熱力負荷中心或煤炭資源豐富區 域。截至本報告日，本集團已投入運行的控股發電企業共計44家，控股裝機容量約為54,754.24兆瓦，主要包括燃煤發電 控股裝機約43,700兆瓦，燃氣發電控股裝機約8,589.05兆瓦和水力發電控股裝機約2,459兆瓦。 本公司於一九九四年六月二十八日在中國山東省濟南市註冊成立，於一九九九年六月三十日，首次公開發行了約14.31億 ...

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告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告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。 華 電 國 際 電 力 股 份 有 限 公 司 Huadian Power International Corporation Limited* （在中華人民共和國（「中國」）註冊成立之中外合資股份有限公司） （股份代碼：1071） 截至二零二二年十二月三十一日止財政年度之業績公告 華電國際電力股份有限公司（「本公司」）董事會（「董事會」）欣然公佈本公司及其 附屬公司（「本集團」）截至二零二二年十二月三十一日止財政年度的綜合業績，該 綜合業績摘錄自按國際財務報告準則編製並已經審計的本集團合併財務報表。 財務及業務摘要 • 二零二二年，本集團完成發電量為220.93百萬兆瓦時，按照可比口徑較上 年同期增長約0.54%；完成上網電量207.05百萬兆瓦時，按照可比口徑較上 年同期增長約0.32%； • 二零二二年，本集團實現營業額約為人民幣1,059.60億元，比二零二一年度 增加約4.74%（經重述）； ...