"Science and Technology Innovation Board**" on February 23 (Reporter Yu Jiaxin).On the evening of February 22, China Southern Power Grid Technology released a performance report, saying that in 2023, the company will achieve a total operating income of 253.7 billion yuan, an increase of 41% year-on-year (adjusted).77%；Net profit attributable to the parent company 28.1 billion yuan, a year-on-year increase of 3671%；Basic earnings per share was 0$5.
According to this calculation, the net profit of CSG Technology in the fourth quarter of 2023 is 121.4 billion yuan, an increase of 74 percent year-on-year04%, an increase of 17548%。
China Southern Power Grid Technology develops its main products with clean power supply and intelligent power grid as the main line. The company has gradually developed two business systems: technical services and intelligent equipment. Among them, technical services include energy storage system technical services and test testing and commissioning services; There are three categories of smart equipment: intelligent monitoring equipment, intelligent power distribution equipment, robots and drones.
China Southern Power Grid Technology said, ".During the reporting period, the company's cross-regional development has achieved remarkable results, and the new acquisition of Guizhou Chuangxing Electric Power Research Institute Co., Ltd. and Guangxi Guineng Science and Technology Development has brought business increments, and its business scale has been further expanded.
It is understood that the business of China Southern Power Grid Technology is mainly concentrated in Guangdong Province and has a greater dependence on China Southern Power Grid. Based on the data of the first half of 2023, the proportion of the main business income of China Southern Power Grid Technology in Guangdong Province to the main business income is 7429%。Among them, China Southern Power Grid is the company's largest customer, accounting for 61 percent of revenue59%。
In order to further lay out the market outside Guangdong Province, on March 13, 2023, China Southern Power Grid Technology announced two acquisitions on the same day (February 22), respectively acquiring 100% of the shares of Guizhou Chuangxing Electric Power Research Institute Co., Ltd. (hereinafter referred to as Guizhou Chuangxing) and 70% of the shares of Guangxi Guineng Technology Development. China Southern Power Grid Technology said that the proposed acquisition company will have synergies with China Southern Power Grid Technology in the power supply side and power grid side test and testing business.
At the same time, the energy storage business of China Southern Power Grid Technology has frequent layouts. According to its official disclosure in January this year, in July 2023, Guizhou Chuangxing successfully completed the commissioning and operation of Guizhou's first electrochemical energy storage power station; In November 2023, with the successful launch and operation of Kaiyang Energy Storage Power Station, all 10 energy storage demonstration projects undertaken by Guizhou Chuangxing will be put into operation as scheduled.
On December 26, 2023, China Southern Power Grid Technology announced that China Southern Power Grid Technology plans to join forces with China Southern Power Grid Energy Storage, Dinghe Insurance and China Southern Power Grid to initiate the establishment of dual carbon technology** with Yuexiu Capital and Yuexiu**, and participate in the investment of related energy storage projects to help support the development of new energy storage business in the innovation center. Among them, China Southern Power Grid Technology, as a limited partner, invests 10% of the scale of dual-carbon technology10%, and the subscription amount does not exceed 10.1 billion yuan.
At the 2024 China Energy Storage CEO Conference held in early January this year, Yue Fen, deputy secretary-general and associate researcher of Zhongguancun Energy Storage Industry Technology Alliance (CNESA), said that the installed capacity of China's new energy storage projects will reach 34 by the end of 20235gw/74.5GWh, a year-on-year growth rate of more than 150%. Among them, 21 new energy storage capacity will be added in 20235gw/46.36GWh, which is equivalent to 3 times that of 2022 and 14 times of 2020.
The company is optimistic about the demand for the energy storage market, from the market reference statistics, the national energy storage project bidding scale has exceeded last year, the national record of energy storage projects and the scale of the gradual increase, the future of the domestic energy storage market is still expected to maintain a high growth rate. In January this year, China Southern Power Grid Technology said in an institutional survey.
In terms of overseas markets, China Southern Power Grid Technology said in an institutional survey in January this year that the company's overseas projects are mainly power side test testing and commissioning services, including testing and commissioning of conventional thermal power units, unit safety operation and maintenance, technical supervision and other services.
In order to learn more about the performance-related situation, the reporter of "Science and Technology Innovation Board**" called the Science and Technology Department of China Southern Power Grid many times, but it was not connected as of press time.