Enn Energy Holdings Limited · HKEX:2688
Enn Energy — 9M 2021 Earnings Presentation
14 slides from Enn Energy's earnings presentation, Oct 28, 2021
Slide 1: 9M21 Operational Update
9M21 Operational Update Company Presentation 28 October 2021
Slide 2: 1Q-3Q Highlights
1Q-3Q Highlights MSCI ESG Rating Upgraded to A Retail Gas Sales Volume Up 20% Dollar Margin Slightly Down to 0.55/m3 C/I and Residential Development Up 46% & 17% Integrated Energy Sales Volume Up 61% 1
Slide 3: Continue to improve ESG performance
Continue to improve ESG performance MSCI ESG rating upgraded to A Hang Seng Sustainability Index ESG Rating Overall ESG rating Published“Decarbonisation Action 2030 - Journey to Net Initiated the city gas industry to sign“China Zero” City Gas Enterprise Methane Control Initiative“ 2
Slide 4: Opportunity Risk Management & Contingency Plan
Analysis of Financial Impact due to Climate Change based on TCFD Framework – ENN’s Henan Provincial Company Climate Risk – financial impact was around RMB33.75 million under extreme condition Assets loss (74% are insured) Technology – fail to invest in new technologies Climate Opportunity – gain of
Slide 5: Rapid Volume Growth
Rapid Volume Growth With a flexible pricing strategy and resources planning, ENN Energy seized the opportunities of coal-to-gas conversion, the carbon peak & neutrality targets and clean heating to continuously expand gas sales volume, achieving a yoy increase of 20% in retail gas sales volume. Reta
Slide 6: Dollar Margin
Dollar Margin ASP & Gas Cost 9M 2021 9M 2020 1H 2021 (RMB/m3) In July, the city gate price rose by another 5% on the basis of Residential 2.98 2.84 2.93 April (i.e. 10% hike over benchmark level), and Sinopec C/I 3.01 2.73 2.93 raised gas price by 15-25% in September Vehicle Gas Refuelling 3.88 3.
Slide 7: Coordinate and Optimize Resource Procurement
Coordinate and Optimize Resource Procurement Optimize resources procurement via diversified channels to ensure stable supply during the heating season and reduce gas costs. Guide resources procurement based on precise demand, and dynamically optimize customer supply models and price packages with re
Slide 8: Actively Promote Market-based Pricing Mechanism
Actively Promote Market-based Pricing Mechanism Upstream and downstream price linkage mechanism LNG cost pass-through • Hebei “Notice on Further Regulating Natural Gas Price Policy”Sep. 2021 • Shandong “Notice on the Favorable • Hunan “ Notice on Establishing the Price Linkage Mechanism of Natural G
Slide 9: New Users Development Accelerated, FY21 Target on Track
New Users Development Accelerated, FY21 Target on Track New C/I Installed Designed Daily Capacity New Residential Household （’000 m3/day） （’000 household） FY21 Guidance：2.4mil households FY21 Guidance：20mil m3 18,000 16,600 2,000 1,880 16,000 1,800 1,610 +17% 14,000 +46% 1,600 6,400 698 11,370 1,400
Slide 10: Provide Low/Zero-Carbon Integrated Energy Solutions
Provide Low/Zero-Carbon Integrated Energy Solutions Assist our customers achieve low/zero carbon development through our demand-driven integrated energy solutions and services, which prioritise the use of renewable energy sources based on local conditions. Favorable Policies 1Q-3Q Performance “Propo
Slide 11: Carbon Peak & Neutrality promotes the Development of IEB
Carbon Peak & Neutrality promotes the Development of IEB The exclusion of green and low-carbon factories from the double control policy stimulated customer demands on energy conservation and emission reduction, providing huge development opportunities for IEB. Hengsheng Dyeing & Finishing Low-Carbon
Slide 12: Expand Value-Added Business
Expand Value-Added Business Based on customers' demand for safety, aesthetic and convenience, while increasing the market share of existing kitchen and security products, actively promotes heating products around the mid and lower reaches of the Yangtze River. Expand business scale via customer targ
Slide 13: Q&A
Q&A
Slide 14: Disclaimer
Disclaimer The information provided in this presentation does not constitute or form part of any offer for purchase and subscription, or solicitation of any offer to purchase and subscribe for any securities of ENN Energy Holdings Limited (the "Company") nor shall it form the basis of, nor can it be