Enn Energy Holdings Limited · HKEX:2688
Enn Energy — Q1 2025 Earnings Presentation
20 slides from Enn Energy's earnings presentation, Apr 25, 2025
Slide 1: 1Q2025 Operational Data
1Q2025 Operational Data Company Presentation 25 April 2025
Slide 2: 1Q Operational Highlights
1Q Operational Highlights Retail gas sales volume increased by 0.3% to 7,258 mil m3, and developed 2.5 mil m3 installed daily capacity to expand the scale of gas volume Sales volume of IE increased by 9.9% to 10,039 mil kWh Penetration rate of value added business reached 3.7% among existing custome
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) 5,224 5,229 1,947 1,969 +0.1% +1.1% 7,237 7,258 +0.3% 1Q2024 1Q2025 1Q2024 1Q2025 New Residential Households（000’） 1Q2024 1Q2025 1st Quarter 287 3
Slide 4: Natural Gas Business — Optimize the Resource Structure
Natural Gas Business—Optimize the Resource Structure Resource Optimization Upstream Pricing Policy Strategy PetroChina Steadily Increase Basic Volumes from the Three Major Oil Floating price portion - Non-regulated gas (↑ 4%) now linked Companies: to Northeast Asia LNG spot (CLD) Proactively sec
Slide 5: IE Business Performance
IE Business Performance IE Sales Vol（mil kWh） IE Projects Scalable Projects Scalable Projects In Operation Under Construction 10,039 The maximum energy sales potential 9,136 367 73 exceeds: 63.95 bn kWh/year +9.9% IE Accumulative Installed Photovoltaic & Energy Capacity Storage Business Progress C
Slide 6: IE Business Performance—Progress on Project Signing
IE Business Performance—Progress on Project Signing 164 newly contracted industrial park projects Low-carbon Industrial Parks Maximum 0.72 bn kWh energy sales potential per year （Including 161 newly contracted IE micro-grid projects with maximum 520 mil kWh energy sales potential per year Low-carbon
Slide 7: Value Added Business Performance
Value Added Business Performance Penetration Rate of Product Upgrades Drive Higher Building a Intelligent Lifestyle Basic Business Revenue Generated per Household Service Provider for Households 1Q2025 “Value Added Business” Number of Existing Transaction Customers 49.8% 1,162 thousand households Le
Slide 8: THANK YOU
THANK YOU
Slide 9: ENN—Empowering Families with Quality Living and Businesses with Safe, Efficient and Low-Carbon Energy
ENN—Empowering Families with Quality Living and Businesses with Safe, Efficient and Low- Carbon Energy Solutions in the Digital City Company Profile Established in 1993, ENN is one of the leading private clean energy distributor in China ENN's principal business includes investing in constructin
Slide 10: Business Landscape
Business Landscape As of 31 December 2024, ENN Energy provided energy services to 31.38 mil residential households Heilongjiang and 270,943 C/I customers in 21 provinces, cities and autonomous regions. Inner Mongolia Liaoning Beijing 261 city gas projects in operation, serving Tianjin 143 mil people
Slide 11: Upstream Value Chain, Self-operation, Downstream Value Chain
@ Upstream Vatue chain @ sett-operation @ downstream value Chain
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 Connection fee dominates in early years when the project companies are signing
Slide 14: Gas Delivery Process
Gas Delivery Process Natural gas fields Pressure regulating plants(1) Storage tanks (spherical or cylinder) or Residential Industrial households(2) users(2) Assets owned by the Group : Intermediate pipelines CNG or Main pipelines LNG trucks(1) Branch pipelines Pressure regulation boxes Switches CNG
Slide 15: IE Business Model
IE Business Model Multi-energy Coupling, Provide Load Source, Network And Storage Integrated Solutions Supply Network Heat Customer Hosting Services Load Energy Saving Boiler Charging Post Demand Response Gas Utilization Of Residual Customer Energy Customer Pressure Regulator Customer De
Slide 16: Leveraging Intelligent Technologies to Establish an Integrated Capability
Leveraging Intelligent Technologies to Establish an Integrated Capability of Load-source-network-storage-carbon-sales-intelligence Established business Business in development Business to be developed Kiln Microgrid/High-voltage Heat Network/Air Compression IE Intelligent Energy Saving Power Grid Ne
Slide 17: 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 18: Integrated Energy Micro Grids Promotes Business Upgrades
Integrated Energy Micro Grids Promotes Business Upgrades Single To Multiple Products Load-Source-Grid-Storage Load And Storage Between Source And Network Small And Micro-industrial Parks Dye Tank Direct Innovative Gasbusiness Combustion Conversion, Natural Gas Innovation Cutting Gas Applications Pho
Slide 19: Value Added Business: Linking Home, Community and Public Services
Value Added Business: Linking Home, Community and Public Services Based on IoT to Innovate Services and Products Intelligent Security Stove Innovative New Service Innovative Maintenance Concealed Piping Xiaoe E Smart Zhijia Home Smart Community Security Guard Appliance Upgrade Services Community Gua
Slide 20: Disclaimer
Disclaimer This presentation material and any oral discussions accompanying the briefing are provided for your reference only and may contain certain forward-looking statements. These include our intentions, beliefs, or current expectations regarding ENN Energy's business operations, market conditio