[三季报]粤电力Ｂ(200539):2025年三季度报告（英文版）

 时间：2025年10月31日 01:38:49 中财网

原标题:粤电力Ｂ:2025年三季度报告（英文版）

StockAbbreviation：YueDianLiA,YueDianLiBStockCode：000539，200539AnnouncementNo.：2025-48
Corporatebondcode:149418 Abbreviationofcorporatebond:21Yudean02Corporatebondcode:149711 Abbreviationofcorporatebond:21Yudean03GuangdongElectricPowerDevelopmentCo.,Ltd.
TheThirdQuarterlyReport2025
TheCompanyanditsdirectorsherebyguaranteethatthecontentofinformationdisclosureisreal,accurate,completeandfreefromanyfalserecord,misleadingrepresentationormaterialomissions.Importantcontentreminder:
1. TheBoardofDirectors,thedirectorsandtheseniorexecutivesoftheCompanyguaranteethattherearenosignificantomissions,fictitiousormisleadingstatementscarriedintheReportandwewillacceptindividualandjointresponsibilitiesforthetruthfulness,accuracyandcompletenessoftheReport.2.TheCompanyleader,Chieffinancialofficer,thepersoninchargeoftheaccountingdepartment(thepersoninchargeoftheaccounting)herebyconfirmtheauthenticityandcompletenessofthefinancialreportenclosedinthisreport.
3.WhethertheThirdQuarterlyFinancialReporthasbeenauditedornot□Yes√No
I.Mainfinancialdata
(I)Mainaccountingdataandfinancialindexes
Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataornot
　ThisperiodChangesofthisperiod oversameperiodof lastyear（％）Year-begintoperiod- end BeforeadjustmentChangesofthisperiod oversameperiodof lastyear（％）
Operatingrevenue （Yuan）14,575,816,774-11.33%37,717,258,717-11.29%
Netprofitattributable totheshareholdersof thelistedcompany （Yuan）551,461,801-2.25%583,935,959-60.20%
Netprofitafter deductingofnon- recurringgain/loss attributabletothe shareholdersoflisted company（Yuan）532,243,557-11.46%510,371,786-65.68%
Netcashgenerated from/usedinoperating activities Yuan （ ）——6,789,804,495-37.52%
Basicearningper share(Yuan/Share)0.1050-2.25%0.1112-60.20%
Dilutedearningsper share(Yuan/Share)0.1050-2.25%0.1112-60.20%
Weightedaverage returnonequity（%）2.38%-0.06%2.52%-3.91%
　EndofthisperiodEndoflastperiodIncrease/decreaseattheperiod-endcompared withtheendofthepreviousyear　
Grossassets（Yuan）182,315,970,300175,154,232,9364.09%　
Netassetsattributable totheshareholdersof thelistedcompany （Yuan）23,434,863,11022,894,681,7962.36%　
（II)Itemsandamountofnon-currentgainsandlosses
√Applicable□Notapplicable
InRMB

ItemThisperiodAmountfromyear-beginto period-endNotes　　　　　　　　　　　　　　　　
Non-currentassetdisposal gain/loss(includingthewrite- offpartforwhichassets impairmentprovisionis made)9,019,50823,670,468Mai loss and dis Zha othn b o n rl f u s ji cil l ou u i o geto u s G i nthe Zh and ang ma ies.　pr an e h s,o q ,fit ia ip aa l m ud n n atd　
Governmentsubsidy recognizedincurrentgainand loss(excludingthoseclosely relatedtotheCompany’s businessandgrantedunder thestate’spolicies)3,240,75714,171,062Main sales incen powel e t rcdu on es lae o a t　to i d p　the p su ojeelec licy sidi ts.tri escit for　　　　　
Othernon-businessincome andexpendituresotherthan theabove9,326,884111,060,931Mainlyduetotheland compensationincomeof HuizhouPinghaiPowerPlant andthenaturalgas　　　　　　　　　　　　　　　　

　　　compensationincomeof HuizhouNaturalGasPower GenerationandGuangqian ElectricPower.
Incomefromcarbonemission quotatrading2,918,3922,918,392Mainlytheincomeof HuizhouNaturalgas Company'scarbonemission allowancetrading.
LossofNon-currentassets scrapped-752,912-752,912Mainlythescrappinglossof Equipmentassetsof GuangqianElectricPower andYuehuaCompany
Less:Influencedamountof incometax2,663,19037,224,594　
Influencedamountofminor shareholders’equity(after tax)1,871,19540,279,174　
Total19,218,24473,564,173--
Detailsofotherprofitandlossitemsthatmeetthenon-recurringprofitandlossdefinition□Applicable√Notapplicable
NosuchcasesfortheReportingPeriod.
FortheCompany’snon-recurringgain/lossitemsasdefinedintheExplanatoryAnnouncementNo.1oninformationdisclosureforCompaniesOfferingtheirSecuritiestothePublic-Non-recurringGainsandLossesanditsnon-recurringgain/lossitemsasillustratedintheExplanatoryAnnouncementNo.1oninformationdisclosureforCompaniesofferingtheirsecuritiestothepublic-non-recurringGainsandlosseswhichhavebeendefinedasrecurringgainsandlosses,itisnecessarytoexplainthereason.√Applicable□Notapplicable

ItemAmountinvolved(Yuan)Reason
Value-addedtaxwillberefunded immediately18,224,974Complywithnationalpoliciesand regulations,andcontinuetooccur
Carbonemissionquotausedtofulfillthe emissionreductionobligation-150,466,034Complywithnationalpoliciesand regulations,andcontinuetooccur
(III)Particularsaboutchangesinitemsofmainaccountingdataandfinancialindexandexplanationsofreasons
√Applicable□Notapplicable
Inthethirdquarterof2025,theCompany,onaconsolidatedbasis,achievedagrid-connectedelectricityoutputof35.206billionkWh,anincreaseof19.89%comparedwiththesecondquarter,Inthefirstthreequartersof2025,thecompanycompletedatotalof88.572billionkwhofelectricitygeneratedintheconsolidatedstatement,Itwasbasicallyflatyear-on-year,ofwhich:61.873billionkwhofcoalpower,withayear-on-yeardecreaseof3.61%,18.939billionkwhofgaspower,Itwasbasicallyflatyear-on-year,3.796billionkwhofwindpower,withayear-on-yearincreaseof10.83%,375millionkwhofhydropower,withayear-on-yearincreaseof13.51%，478millionkwhofbiomass,withayear-on-yearincreaseof9.40%,3.111billionkwhofphotovoltaicpower,withayear-on-yearincreaseof80.57%,andtheaverageon-gridelectricitypriceintheconsolidatedstatementwas473.34yuan/thousandkWh(includingtax,thesamebelow),aYOYdecreaseof59.92yuan/thousandkWh,oradecreaseof11.26%.
Duringthefirstthreequartersof2025,intensifiedcompetitionintheelectricitymarketandrelatedpolicyadjustmentsledtoasignificantyear-on-yeardeclineinthecompany'sgrid-connectedelectricityprices.Thisresultedinrevenuefromexistingpowergenerationprojectsfallingmoresharplythancosts,whileincrementalrevenuefromnewlycommissionedgas-firedandrenewableenergyprojectsfailedtooffsetincrementalcosts.Consequently,averagegrossprofitfrompowergenerationdecreased,causingoverallperformancetodeclinesubstantiallycomparedtothesameperiodlastyear.Thecompanyfocusedoninternalefficiencygains,strivingtoenhanceoperationaleffectiveness.Thisdroveaquarter-on-quarterrecoveryingrid-connectedelectricitygenerationduringthethirdquarter.Benefitingfromacombinationoffavourablefactors—includingquarter-on-quarterdeclinesincoalandgasprices,anincreaseinthecapacitytariffforgas-firedpower,andyear-on-yearimprovementsinoffshorewindandsolarresources—thecompanyachievedaquarter-on-quarterincreaseinprofitscale,withitsoperationalfundamentalsshowingsignsofimprovement.Forthefirstthreequarters,thecompanyrecordedanetprofitattributabletoshareholdersoflistedcompaniesof583.94millionyuan,withearningspershareof0.1112yuan,representingayear-on-yeardecreaseof60.20%.Thenon-recurringnetprofitattributabletoshareholdersoflistedcompaniesstood510.37millionyuan,down65.68%year-on-year.TranslatedwithDeepL.com(freeversion)II.ShareholdersInformation(I)Totalnumberofcommonshareholdersandpreferenceshareholderswithvotingrightsrecoveredandtoptencommonshareholders
Inshares

Totalnumberofcommon shareholdersattheperiod-end109,884Totalpreferenceshareholderswiththevotingpower recoveredattheendofthereportingperiod(ifany)0　　　
Sharesheldbythetop10shareholders Excludingshareslentthroughrefinancing) （　　　　　　
Shareholder namePropertiesof shareholderShare proportion%QuantityAmountof tradableshares with Conditional heldPledgingorfreezing　
　　　　　Statusofthe sharesQuantity
Guangdong EnergyGroup Co.,Ltd.State-owned legalperson67.39%3,538,116,9211,893,454,257Pledgedas collateral411,899,314
Guangzhou Development GroupCo.,Ltd.State-owned legalperson2.22%116,693,6020Notapplicable0
Guangdong ElectricPower Development CorporationState-owned legalperson1.80%94,367,3410Notapplicable0
Zheng, JianxiangDomestic Naturalperson0.51%26,859,3000Notapplicable0
CHINA INTERNATIO NALCAPITAL CORPORATIO NHONG KONG SECURITIES LTDOverseasLegal person0.29%15,216,0660Notapplicable0
VANGUARDOverseasLegal0.28%14,620,5120Notapplicable0
TOTAL INTERNATIO NALSTOCK INDEXFUNDperson　　　　　
Agricultural BankofChina Limited-CSI 500Exchange TradedOpen EndedIndex Securities Investment FundOther0.25%13,030,4000Notapplicable0
NOMURA SINGAPORE LIMITEDOverseasLegal person0.24%12,599,8430Notapplicable0
Chaokang InvestmentCo., Ltd.OverseasLegal person0.22%11,656,6770Notapplicable0
Zhou,ZhengDomestic Naturalperson0.21%10,812,7950Notapplicable0
Shareholdingoftop10shareholdersofunrestrictedshares(ExcludingshareslentthroughrefinancingandTopmanagementlock-in stock)　　　　　　
NameoftheshareholderQuantityofunrestrictedsharesheldattheendof thereportingperiodSharetype　　　　
　　SharetypeQuantity　　　
GuangdongEnergyGroupCo., Ltd.1,644,662,664RMBCommon shares1,644,662,664　　　
GuangzhouDevelopmentGroup Co.,Ltd.116,693,602RMBCommon shares116,693,602　　　
GuangdongElectricPower DevelopmentCorporation94,367,341RMBCommon shares94,367,341　　　
Zheng,Jianxiang26,859,300Foreignshares placedin domestic exchange26,859,300　　　
CHINAINTERNATIONAL CAPITALCORPORATION HONGKONGSECURITIESLTD15,216,066Foreignshares placedin domestic exchange15,216,066　　　
VANGUARDTOTAL INTERNATIONALSTOCK INDEXFUND14,620,512Foreignshares placedin domestic exchange14,620,512　　　
AgriculturalBankofChina Limited-CSI500Exchange TradedOpenEndedIndex SecuritiesInvestmentFund13,030,400RMBCommon shares13,030,400　　　
NOMURASINGAPORE LIMITED12,599,843Foreignshares placedin domestic exchange12,599,843　　　
ChaokangInvestmentCo.,Ltd.11,656,677Foreignshares placedin domestic exchange11,656,677　　　
Zhou,Zheng10,812,795Foreignshares placedin domestic exchange10,812,795　　　
Relatedoracting-in-concertpartiesamong shareholdersaboveTheThirdlargestshareholderGuangdongElectricPowerDevelopment CorporationandtheninthlargestshareholderChaokangInvestmentCo., Ltd.arethewholly-ownedsubsidiariesofthelargestshareholderEnergy　　　　　

　Group.Thesethreecompanieshaverelationships;whethertheother shareholdershaverelationshipsorunanimousactingwasunknown.
Participationoftop10unconditionalcommonshare shareholdersinsecuritiesmargintrading(ifany)None
Informationofshareholdersholdingmorethan5%oftheshares,thetop10shareholdersandthetop10shareholdersofunrestrictedtradablesharesparticipatinginthelendingofsharesinsecuritieslendingandborrowingbusiness
□Applicable√Notapplicable
Thetop10shareholdersandthetop10shareholdersofunrestrictedtradableshareshavechangedcomparedwiththepreviousperiodduetothesecuritieslending/returning,
□Applicable√Notapplicable
(II)Totalnumberofpreferredshareholdersandshareholdingoftop10preferredshareholdersbytheendofthereportperiod
□Applicable√Notapplicable
III.Otherimportantmatters
□Applicable√Notapplicable
IV.Quarterlyfinancialstatements
（i）Financialstatement
1.Consolidatedbalancesheet
Preparedby:GuangdongElectricPowerDevelopmentCo.,Ltd.
September30,2025
InRMB

ItemEndingbalanceOpeningbalance
Currentassets:　　
Monetaryfund17,097,359,02115,361,820,831
Settlementprovisions00
Capitallent00
Tradingfinancialassets00
Derivativefinancialassets00
Notereceivable3,000,0000
Accountreceivable9,277,679,5809,101,797,841
Receivablefinancing00
Accountpaidinadvance1,385,367,7341,440,632,187
Insurancereceivable00
Reinsurancereceivables00
Contractreserveofreinsurance receivable00
Otheraccountreceivable473,937,079533,352,169
Including:Interestreceivable00
Dividendreceivable2,862,1000
Buyingbackthesaleoffinancialassets00
Inventory2,813,830,9752,577,119,489
Including：Dataresources00
Contractassets315,5881,378,872
Assetsheldforsale00
Non-currentassetduewithinoneyear00
Othercurrentassets2,014,554,6891,971,269,586
Totalcurrentassets33,066,044,66630,987,370,975
Non-currentassets:　　
Loansandpaymentsonbehalf00
Creditor'srightsinvestment00
OtherCreditor'srightsinvestment00
Long-termaccountreceivable00
Long-termequityinvestment11,440,800,75610,812,658,939
Investmentinotherequityinstrument2,905,477,2552,650,289,873
Othernon-currentfinancialassets00
Investmentrealestate326,394,257336,493,586
Fixedassets74,263,885,00873,628,798,655
Constructioninprogress35,875,465,53331,382,850,765
Productivebiologicalasset00
Oilandgasasset00
Right-of-useassets11,955,852,55111,700,419,075
Intangibleassets3,749,303,5903,786,635,293
Including:Dataresources00
Expenseonresearchanddevelopment00
Including：Dataresources00
Goodwill2,449,8862,449,886
Long-termexpensestobeapportioned64,372,88055,505,161
Deferredincometaxasset1,022,704,5921,099,214,779
Othernon-currentassets7,643,219,3268,711,545,949
Totalnon-currentasset149,249,925,634144,166,861,961
Totalassets182,315,970,300175,154,232,936
Currentliabilities:　　
Short-termloans10,958,244,00314,108,930,833
Loanfromcentralbank00
Capitalborrowed00
Tradingfinancialliability00
Derivativefinancialliability00
Notepayable1,764,642,4952,102,292,195
Accountpayable3,054,590,8564,279,045,681
Accountsreceivedinadvance00
Contractliabilities151,087,93538,459,828
Sellingfinancialassetofrepurchase00
Absorbingdepositandinterbankdeposit00
Securitytradingofagency00
Securitysalesofagency00
Wagepayable946,253,962556,291,188
Taxespayable333,697,468303,440,015
Otheraccountpayable16,145,865,40915,825,876,579
Including:Interestpayable00
Dividendpayable00
Commissionchargeandcommission payable00
Reinsurancepayable00
Liabilityheldforsale00
Non-currentliabilitiesduewithinone8,610,162,4376,606,678,336
year　　
Othercurrentliabilities1,951,066,684528,095,817
Totalcurrentliabilities43,915,611,24944,349,110,472
Non-currentliabilities:　　
Insurancecontractreserve00
Long-termloans73,939,095,95069,541,559,406
Bondspayable12,282,582,90611,107,429,258
Including:Preferredstock00
Perpetualcapitalsecurities00
Leaseliability12,424,279,45012,376,312,142
Long-termaccountpayable1,012,358,773696,347,824
Long-termwagespayable560,101,015537,138,216
Accrualliability00
Deferredincome132,817,334113,262,526
Deferredincometaxliabilities579,397,228470,213,543
Othernon-currentliabilities1,028,1671,028,167
Totalnon-currentliabilities100,931,660,82394,843,291,082
Totalliabilities144,847,272,072139,192,401,554
Owner’sequity:　　
Sharecapital5,250,283,9865,250,283,986
Otherequityinstrument00
Including:Preferredstock00
Perpetualcapitalsecurities00
Capitalpublicreserve5,021,687,9125,203,250,383
Less:Treasuryshares00
Othercomprehensiveincome1,461,674,6681,331,876,093
Specialreserve175,784,09762,769,166
Surpluspublicreserve8,903,515,1358,903,515,135
Provisionofgeneralrisk00
Retainedprofit2,621,917,3122,142,987,033
Totalowner’sequityattributableto parentcompany23,434,863,11022,894,681,796
Minorityinterests14,033,835,11813,067,149,586
Totalowner’sequity37,468,698,22835,961,831,382
Totalliabilitiesandowner’sequity182,315,970,300175,154,232,936
LegalRepresentative:ZhengYunpeng Personinchargeofaccounting：LiuWei AccountingDeptLeader:MengFei2.ConsolidatedIncomestatementbetweenthebeginningoftheyearandendofthereportperiod
ItemCurrentperiodLastperiod
I.Incomefromthekeybusiness37,717,258,71742,517,459,818
Incl：Businessincome37,717,258,71742,517,459,818
Interestincome00
Insurancefeeearned00
Feeandcommissionreceived00
II.Totalbusinesscost36,997,304,39440,535,276,964
Incl：Businesscost33,385,128,36636,642,904,335
Interestexpense00
Feeandcommissionpaid00
Insurancedischargepayment00
Netclaimamountpaid00
Netamountofwithdrawalofinsurance contractreserve00
Insurancepolicydividendpaid00
Reinsuranceexpenses00
Businesstaxandsurcharge231,769,433234,562,689
Salesexpense67,110,13369,865,296
Administrativeexpense1,025,814,6311,117,021,899
R&Dcosts630,514,773753,719,115
Financialexpenses1,656,967,0581,717,203,630
Including：Interestexpense1,704,401,4691,817,737,121
Interestincome66,320,350127,095,400
Add:Otherincome32,396,03661,290,006
Investmentgain（“-”forloss）610,635,365791,972,468
Incl:investmentgainsfromaffiliates494,479,770679,382,749
Financialassetsmeasuredatamortized costceasetoberecognizedasincome00
Gainsfromcurrencyexchange00
Netexposurehedgingincome00
Changingincomeoffairvalue00
Creditimpairmentloss-8,343,087-4,265,661
Impairmentlossofassets-79,027,3750
Assetsdisposalincome16,568,35110,435
III.Operationalprofit（“-”forloss）1,292,183,6132,831,190,102
Add：Non-operationalincome149,816,669184,079,219
Less:Non-operatingexpense179,954,175261,450,763
IV.Totalprofit(“-”forloss)1,262,046,1072,753,818,558
Less：Incometaxexpenses390,555,128679,632,940
V.Netprofit871,490,9792,074,185,618
(I)Classificationbybusinesscontinuity　　
1.Netcontinuingoperatingprofit871,490,9792,074,185,618
2.Terminationofoperatingnetprofit00
(II)Classificationbyownership　　
1.Netprofitattributabletotheownersof parentcompany583,935,9591,467,075,725
2.Minorityshareholders’equity287,555,020607,109,893
VI.Netafter-taxofothercomprehensive income129,784,625-125,314,295
Netofprofitofothercomprehensiveinc omeattributabletoownersoftheparent company.129,798,575-125,314,295
（I）Othercomprehensiveincomeitems thatwillnotbereclassifiedinto gains/lossesinthesubsequentaccounting period130,164,476-125,486,090
1.Re- measurementofdefinedbenefitplansof changesinnetdebtornetassets-139,5010
2.Othercomprehensiveincomeunderthe equitymethodinvesteecannotbereclass ifiedintoprofitorloss.-38,192,8212,339,075
3.Changesinthefairvalueof investmentsinotherequityinstruments168,496,798-127,825,165
4.Changesinthefairvalueofthe company’screditrisks00
5.Other00
（II） Othercomprehensiveincomethatwillbe reclassifiedintoprofitorloss.-365,901171,795
1.Othercomprehensiveincomeunderthe equitymethodinvesteecanbereclassifi edintoprofitorloss.-365,901171,795
2.Changesinthefairvalueof00
investmentsinotherdebtobligations　　
3.Othercomprehensiveincomearising fromthereclassificationoffinancial assets00
4.Allowanceforcreditimpairmentsin investmentsinotherdebtobligations00
5.Reserveforcashflowhedges00
6.Translationdifferencesincurrencyfina ncialstatements00
7.Other00
Netofprofitofothercomprehensiveinc omeattributabletoMinority shareholders’equity-13,9500
VII.Totalcomprehensiveincome1,001,275,6041,948,871,323
Totalcomprehensiveincomeattributable totheowneroftheparentcompany713,734,5341,341,761,430
Totalcomprehensiveincomeattributable minorityshareholders287,541,070607,109,893
VIII.Earningspershare　　
（I）Basicearningspershare0.11120.2794
(II)Dilutedearningspershare0.11120.2794
Thecurrentbusinesscombinationundercommoncontrol,thenetprofitsofthecombinedpartyachievedbeforenetprofitofRMB0.00,lastperiodthecombinedpartyrealizedRMB0.00.LegalRepresentative:ZhengYunpeng Personinchargeofaccounting：LiuWei AccountingDeptLeader:MengFei3.ConsolidatedCashFlowStatementBetweentheBeginningoftheYearandEndoftheReportPeriodInRMB

ItemCurrentperiodLastperiod
I.Cashflowsfromoperatingactivities　　
Cashreceivedfromsalesofgoodsor rendingofservices42,308,011,98947,767,304,110
Netincreaseofcustomerdepositsand capitalkeptforbrothercompany00
Netincreaseofloansfromcentralbank00
Netincreaseofinter-bankloansfrom otherfinancialbodies00
Cashreceivedagainstoriginalinsurance contract00
Netcashreceivedfromreinsurance business00
Netincreaseofclientdepositand investment00
Cashreceivedfrominterest, commissionchargeandcommission00
Netincreaseofinter-bankfundreceived00
Netincreaseofrepurchasingbusiness00
Netcashreceivedbyagentin securitiestrading00
Taxreturned341,201,654425,575,519
Othercashreceivedfrombusiness operation688,225,173550,938,229
Sub-totalofcashinflow43,337,438,81648,743,817,858
Cashpaidforpurchasingofmerchandise andservices31,785,316,89832,236,014,003
Netincreaseofclienttradeandadvance00
Netincreaseofsavingsincentralbank andbrothercompany00
Cashpaidfororiginalcontractclaim00
NetincreaseforOutgoingcallloan00
Cashpaidforinterest,processingfee andcommission00
Cashpaidforpolicydividend00
Cashpaidtostaffsorpaidforstaffs2,083,644,9161,983,562,724
Taxespaid1,324,889,1422,059,758,651
Othercashpaidforbusinessactivities1,353,783,3651,597,793,648
Sub-totalofcashoutflowfrombusiness activities36,547,634,32137,877,129,026
Netcashgeneratedfrom/usedin operatingactivities6,789,804,49510,866,688,832
II.Cashflowgeneratedbyinvesting　　
Cashreceivedfrominvestmentretrieving00
Cashreceivedasinvestmentgains254,508,501365,689,302
Netcashretrievedfromdisposaloffixed assets,intangibleassets,andotherlong- termassets35,585,982140,828,466
Netcashreceivedfromdisposalof subsidiariesorotheroperationalunits00
Otherinvestment-relatedcashreceived217,739,722400,480,787
Sub-totalofcashinflowdueto investmentactivities507,834,205906,998,555
Cashpaidforconstructionoffixed assets,intangibleassetsandother long-termassets8,422,325,9299,479,554,104
Cashpaidasinvestment327,000,00051,349,213
Netincreaseofloanagainstpledge00
Netcashreceivedfromsubsidiariesand otheroperationalunits00
Othercashpaidforinvestmentactivities13,527,668253,793,804
Sub-totalofcashoutflowdueto investmentactivities8,762,853,5979,784,697,121
Netcashflowgeneratedbyinvestment-8,255,019,392-8,877,698,566
III.Cashflowgeneratedbyfinancing　　
Cashreceivedasinvestment877,021,04784,585,495
Including:Cashreceivedasinvestment fromminorshareholders877,021,04784,585,495
Cashreceivedasloans25,956,155,50227,490,476,363
Otherfinancing–relatedcashreceived00
Sub-totalofcashinflowfromfinancing activities26,833,176,54927,575,061,858
Cashtorepaydebts20,486,040,86124,648,957,738
Cashpaidasdividend,profit,orinterests2,096,719,1652,496,923,999
Including:Dividendandprofitpaidby subsidiariestominorshareholders425,525,194546,090,944
Othercashpaidforfinancingactivities1,000,871,105891,444,245
Sub-totalofcashoutflowdueto financingactivities23,583,631,13128,037,325,982
Netcashflowgeneratedbyfinancing3,249,545,418-462,264,124
IV.Influenceofexchangeratealternation oncashandcashequivalents11,806-79,188
V.Netincreaseofcashandcash equivalents1,784,342,3271,526,646,954
Add:balanceofcashandcash equivalentsatthebeginningofterm11,831,504,92411,954,167,156
VI..Balanceofcashandcash equivalentsattheendofterm13,615,847,25113,480,814,110
LegalRepresentative:ZhengYunpeng Personinchargeofaccounting：LiuWei AccountingDeptLeader:MengFei（ii）TheCompanystartedimplementingtheupdatedaccountingstandardscommencingfrom2025andadjustedtherelevantitemsinthefinancialstatementsatthebeginningoftheveryyearinvolvedintheinitialimplementationofthesaidstandards（未完）
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