On August 27, CR Power announced its 2024 interim results. From January to June 2024, the company's turnover was HKD 51.120 billion, with a slight decrease of 0.7% from the same period in 2023; the net profit attributable to shareholders was HKD 9.363 billion, an increase of HKD 2.623 billion or 38.9% year-on-year as compared with the same period in 2023. The Board of Directors declared an interim dividend of HKD 0.455 per share for 2024.

During the reporting period, the Company has been doubling efforts to expand the installed capacity and vigorously develop renewable energy. As of the end of June 2024, the Company had an operating installed capacity of 80,314 MW and an operating attributable installed capacity of 62,758 MW, with an increase of 2,994 MW compared to the end of 2023. This included 2,065 MW of newly added operating attributable installed capacity from wind and photovoltaic power. By the end of June 2024, the operating equity installed capacity of renewable energy projects was 24,662 MW, accounting for 39.3%.

In the first half of 2024, the Company's subsidiary power plants sold 98,240 GWh of electricity, up 6.2% from the same period in 2023. Sales from thermal power plants, wind farms, and photovoltaic stations increased by 3.4%, 6.9%, and a remarkable 204.9%, respectively.

In the first half of 2024, the average unit fuel cost of subsidiary coal-fired power plants was RMB 276.5 per MWh, a decrease of 10.7% compared to the same period in 2023. The average price of standard coal was RMB 934.6 per ton, down 10.6% from 2023. The average standard coal consumption for power supply of subsidiary coal-fired power plants is 292.5 g/kWh, a reduction of 2.7 g or 0.9% year-on-year.

Looking ahead, CR Power will remain firmly committed to high-quality development in line with the "dual carbon" strategy. The Company will continue to align with industry policies and market trends, maintain its competitive edge, and explore further development opportunities. It will focus on enhancing installed capacity, asset structure, technological innovation, and operational management, with the goal of creating sustained value for shareholders and striving to become a world-class clean energy company.