CSG Energy(003035)2024-12-01 06:36Financial Performance - The company's operating costs are primarily composed of depreciation costs, electricity costs, maintenance costs, and labor costs, with depreciation costs accounting for the highest proportion [2] - The average financing cost of the company's interest-bearing liabilities in the first three quarters of 2024 was approximately 2.9% [2] - The company's investment projects require an all-in internal rate of return of approximately 6%-7%, with some flexibility based on project type [2] Renewable Energy Projects - The self-consumption rate of the company's distributed photovoltaic projects in the first half of 2024 was approximately 72% [3] - The company's biomass projects are still operating at a loss due to factors such as fuel prices and high financing costs, with the loss expected to continue [3] - The company is actively promoting the clearance of biomass projects to reduce their impact on overall performance [3] Business Strategy and Development - The company is focusing on "distributed new energy + energy storage" business layout, with projects like Hitachi Elevator and Nansha Guangzhou Shipyard International already in operation [4] - The company does not consider its energy storage business to be in competition with Southern Power Grid Energy Storage Company [4] - The company has initiated mid-term dividends for the first time this year and plans to steadily increase the dividend ratio and frequency in the future [4] Investor Relations - The company emphasizes the protection of shareholder rights and is committed to optimizing long-term shareholder return mechanisms [4]