深南电B:2023年年度报告摘要(英文版)

【摘要】Ticker:000037,200037Stockname:ShenzhenNanshanPowerA,ShenzhenNanshanPowerBAnnouncementNo.:2024-020Summaryofthe2023Annu...

 Ticker: 000037, 200037 Stock name: Shenzhen Nanshan Power A, Shenzhen Nanshan Power B Announcement No.: 2024-020

 Summary of the 2023Annual Report of Shenzhen Nanshan Power Co., Ltd.
I. Important

The annual report summary is extracted from the full text of the annual report. In order to fully understand the
Company's operating results, financial status and future development plans, investors should carefully read the
full text of the annual report through media designated by the China Securities Regulatory Commission.

Except for the following directors, all other directors attended in person the meeting of the Board of Directors to
review this annual report

  Name of director who    Position of director who  Reasons for not attending    Name of the person

 was not present in person  was not present in person    the meeting in person          entrusted

 Sun Huirong            Director                Work related reasons      Huang Qing

 Huang Xiqin            Independent director      Work related reasons      Du Wei

 Chen Zetong            Independent director      Work related reasons      Du Wei

Prompt of non-standard audit opinion
□Applicable  Not applicable

Proposed profit distribution plan for the reporting period or the plan for converting capital reserves into share
capital reviewed by the Board of Directors

□Applicable  Not applicable

The Company plans not to distribute cash dividends, give away bonus shares, or increase share capital by
capital reserves.

Proposed profit distribution plan for preferred shares approved by the Board of Directors for the reporting
period
□Applicable  Not applicable

There were no preferred shares in the Company during the reporting period.

II. Basic Information of the Company

1. Company profile

                                                              Shenzhen Nanshan Power

 Stock name              000037、200037        Ticker        A, Shenzhen Nanshan

                                                              Power B

 Stock exchange          Shenzhen Stock Exchange


 Contact person and contact      Secretary of the Board of Directors      Securities representative

        details

 Name                  Zou Yi

                        16/F-17/F, Hantang Building, OCT,

 Office address            Nanshan District, Shenzhen, Guangdong

                        Province

 Fax                    0755-26003684

 Tel.                    0755-26003611

 E-mail                  investor@nspower.com.cn

2. Introduction to main business or products during the reporting period

The Company's main business includes power and heat supply for production and operation, and technical
consulting and technical services related to power plants (stations). At the end of the reporting period, the
Company owned two gas turbine power plants. Among them, Nanshan Power Plant had three sets of 9E gas-
steam combined cycle generating units with total installed capacity of 540,000 kilowatts, located in the power
load center area of Qianhai Free Trade Zone, Shenzhen. They are main peak shaving power in the region, and
are currently in normal production and operation; Zhongshan Nanlang Power Plant received the Letter on
Matters Regarding the Units Shutdown of Shenzhen Nanshan Power (Zhongshan) Power Co., Ltd. Nanlang
Power Plant from Energy Bureau of Guangdong Province on November 6, 2023 (YNDLH [2023] No. 672), in
which Energy Bureau of Guangdong Province agreed to shut down two 180MW gas-fired cogeneration units of
Zhongshan Nanlang Power Plant. At present, the two 9E gas-steam combined cycle power generating units
owned by Zhongshan Nanlang Power Plant have been shut down and withdrawn from dispatching operation,
and the related assets of the power generating units have entered the public listing and transfer process.

During the reporting period, the Company's main power business faced challenges such as fierce competition in
the power market and sustained high fuel price. In order to reduce the negative impact of the external
environment on the Company's operating performance, the Company has implemented a series of business
layout and management changes with innovative thinking and perseverance. The Company clarified annual
business goals and policies, adopted targeted major measures, and continuously increased the efforts in
economic operation management on the basis of strict work safety management. The Company, in line with the
trend of accelerating the power market-oriented reform process in Guangdong Province, organized subordinate
power plants to actively participate in power market marketing and achieved good results, which made
contributions to the Company's turn from losses to profits.

During the reporting period, the Company paid close attention to the operational development and market
expansion of its existing business. Its subsidiary Shenzhen Nanshan Pow