On December 20, Gelonghui reported that Huadian Energy (600726.SH) announced that its related enterprises received a document from the Qiqihar Municipal Development and Reform Commission regarding the "Notice on Adjusting the District Heating Supply Prices and Primary Pipeline Transportation Prices." This heating price adjustment involves four heating companies under the company, namely: Huadian Energy Co., Ltd. Fularji Power Plant, Huadian Energy Co., Ltd. Fularji Combined Heat and Power Plant, Heilongjiang Huadian Qiqihar Combined Heat and Power Co., Ltd., and Huadian Energy Co., Ltd. Qiqihar Heating Branch. The adjustments are as follows: 1. The heating supply price for combined heat and power enterprises is adjusted to 40.01 yuan per gigajoule (tax included). 2. The primary heating network transportation price (including heat loss) is adjusted to 46.18 yuan per gigajoule (tax included). This adjustment will take effect on December 18, 2024, and is valid for five years.
According to the company's preliminary calculations (unaudited), it is expected that this heating price adjustment will increase the company's revenue for 2024 by approximately 7.8 million yuan and the total profit by about 6.5 million yuan. The specific accounting treatment and impact on the company’s profits and losses will depend on the audit results from the accounting firm. Investors are advised to pay attention to investment risks.
