GDG(600098)2024-11-29 09:41Group 1: Investor Relations Activities - The company conducted various investor relations activities, including 1 on-site visit, 6 analyst meetings, and media interviews, as of October 2024 [1] - Participants included major financial institutions such as CITIC Securities and Ping An Pension Insurance [1] Group 2: Performance Metrics - As of the end of October 2024, the company's online electricity sales (including photovoltaic sales) grew by 9.26% and 10.24% year-on-year [1] - The total electricity generation for the company reached 186.00 billion kWh, marking a significant increase compared to the previous year [1] Group 3: Future Projections and Strategies - The company is in the early stages of signing long-term electricity contracts for 2025, with current electricity price predictions influenced by generation costs and supply-demand relationships [1] - The company plans to continue investing in new energy projects while prioritizing power consumption and price fluctuations [3] Group 4: LNG and Energy Logistics - The LNG Phase II project is expected to achieve slight profitability in its first full year of operation, with further profit potential if gas prices decrease [3] - Energy logistics, while contributing significantly to revenue, has lower profit margins; the company aims to expand its market presence while ensuring stable coal supply for its power plants [3] Group 5: Regulatory Compliance and Market Management - The company is actively managing its market value through share buybacks, equity incentives, and increased dividend payouts, in line with municipal asset management requirements [3] - The company has established a comprehensive energy logistics chain, expanding its operations across 18 provinces and 11 countries [3][4]