Enn Energy Holdings Limited · HKEX:2688
Enn Energy — Q1 2026 Earnings Presentation
18 slides from Enn Energy's earnings presentation, Apr 29, 2026
Slide 1: ENN Energy Holdings Limited – 1Q2026 Operating Data Presentation
ENN# ENN Energy Holdings Limited 7 Win-win Situation with Customers owing Profit by Increasing Sales Volume iverse Energy Products and Services April 29, 2026
Slide 2: 1Q Operational Highlights
1Q Operational Highlights Retail gas sales volume increased by 0.5% to 7,294 mil m3 Added 206,200 new residential customers and developed 1.88 mil m3 installed daily capacity to expand the customer base Sales volume of IE increased to 9,338 mil kWh, newly installed photovotaic capacity increased by
Slide 3: Natural Gas Business Performance
Natural Gas Business Performance Retail Gas Vol (mil m3) C&I Gas Vol (mil m3) Residential Gas Vol (mil m3) 5,229 5,267 1,988 1,969 +0.7% +1.0% 7,258 7,294 +0.5% 1Q2025 1Q2026 1Q2025 1Q2026 New Residential Households（000’） 1Q2025 1Q2026 1st Quarter 206.2 3
Slide 4: Natural Gas Business - Growing Profit by Increasing Sales Volume
Natural Gas Business-Growing Profit by Increasing Sales Volume Ø Geopolitical conflicts have led to sharp fluctuations Ø Aggregate resources and expand volume for profit growth: in international energy prices: Putting pressure on Meet customers' needs for flexible, low-cost gas usage, customers in i
Slide 5: IE Business Performance
IE Business Performance 1Q2026 IE Accumulative Installed Capacity Sales Structure Continues to Optimise Installed Capacity Installed Capacity in Operation under Construction 43.5% 41.7% Electricity sales volume reached: 431 mil kWh 2.8% 4.6% 53.7% 53.7% 1Q2025：13.72 GW 1Q2025：1.18 GW 1Q2025 1Q2026 C
Slide 6: IE Business Performance - Electricity Business
IE Business Performance-Electricity Business Photovoltaic Cumulative grid-connected photovoltaic capacity: 1,366.62 MW Business Progress Photovoltaic capacity under construction: 203.80 MW Energy Storage Cumulative grid-connected energy storage capacity: 261.24 MWh Business Progress Energy storage c
Slide 7: Smart Home Business Performance
Smart Home Business Performance Product Upgrades Drive Higher Solidify Foundational Products Building an Intelligent Lifestyle Revenue Generated per and Focus on Core Needs for Service Provider for Households Household Home Aesthetics and Comfort Number of Existing Transaction Customers 000’househol
Slide 8: Thank You
Unis YOU rT me OU 17 \t
Slide 9: ENN – Service Provider Creating Multi-product Value for Customers Based on Natural Gas
ENN—To Become A Service Provider That Creates Multi-product Value For Customers Based On Natural Gas By Using Intelligent And Innovative Services Company Profile Ø Established in 1993, ENN is one of the leading private clean energy distributor in China Ø ENN's principal business includes investment
Slide 10: Business Landscape
Business Landscape By the end of 2025, ENN Energy provided energy services to 32.76 mil Residential households and 。黑龙江 Heilongjiang 316 thousand C/I customers in 22 provinces, 。内蒙古Inner Mongolia cities and autonomous regions. 。辽宁 Liaoning Gas projects in operation 264 。北京 Beijing Covering a populat
Slide 11: Upstream, Self-Operation and Downstream Value Chain
@ Upstream Vatue Chain @® Setf-Operation @® Downstream Value Chain @ENNaB 11
Slide 12: Typical Industrial Park IE Project - Cash Flow Projection
Typical Industrial Park IE Project - Cash Flow Projection* 1. Stable & Recurring Income • Integrated energy solutions reduce customers' overall energy bills by 10% • Selling the types of energy customer need increases their stickiness Cash flow break-even 2. Rapid Cash Flow Generation • Capex are in
Slide 13: Simplified Model for a Typical City-gas Project
Simplified Model for a Typical City-gas Project* Revenue/Cost Cash flow break-even Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Revenue Gas Usage Fee Connection Fee CAPEX Free Cash Flow Ø Connection fee dominates in early years when the project companies are signing
Slide 14: Gas Delivery Process
Gas Delivery Process Vehicle & ship gas users 14
Slide 15: IE Business Model
IE Business Model Multi-energy Coupling, Provide Integrated Solutions for Load-Source-Grid-Storage Supply Network Heat Customer p Hosting Services Load p Energy Saving Boiler p Charging Post p Demand Response Gas p Utilization Of Residual Customer Energy Customer Pressure Regulator Customer p Demine
Slide 16: IE Business Logic
IE Business Logic Cooling, Heating, Electricity, Warming Different Installed Capacity Different Investment Amount Forecast Calculation Key Factor Customer Installed Investment Load Capacity Quota Macro- environment Affect Industrial Policy Practice Energy IRR Energy Optimization Calculation Energy K
Slide 17: Smart Home Business: Linking Home, Community and Public Services
Smart Home Business: Linking Home, Community and Public Services Based on IoT to Innovate Services and Products Intelligent Security Stove Innovative New Service Xiaoe E Smart Zhijia Innovative Maintenance Concealed Piping Home Smart Community Security Guard Kitchen Appliance Upgrade Services Commun
Slide 18: Disclaimer
Disclaimer: This presentation material and any oral discussions made in conjunction with the briefing are provided for your reference only. They may involve some forward-looking statements, including our intentions, beliefs, or current expectations regarding the business, operations, market conditio