Xukuang group's electricity sales business became profit growth pole

According to the monthly dynamic data of Jiangsu Electric Power Trading Center, in September, the electricity sales business of Xuzhou Mining Group completed 1.1 billion kwh of trading electricity. In the first nine months of this year, xukuang group completed 10 billion kilowatt hours of electricity trading, and the electricity sales business is gradually becoming the new profit growth pole of xukuang group. With the continuous promotion of the structural reform of power supply side of the state and Jiangsu Province, xukuang group, through the integration of holding power plants, carries out market-oriented electricity sales business, strives to build a large power marketing system, improve the ability to resist market risks, and constantly improve the profitability of the power industry. Jiangsu energy investment company under xukuang group adheres to systematic thinking and comprehensive measures, focuses on the buyer's market and the seller's market, and coordinates the purchase and sale of electricity.

The company flexibly uses the system platform of Jiangsu Electric Power Trading Center, implements the mechanism of monthly competitive trading and incremental listing trading, and innovatively uses the three-stage quotation strategy to obtain higher operating income of electricity sale trading business. In 2018, Jiangsu Energy Investment Co., Ltd. signed a contract to sell 14 billion kwh of electricity on the market and more than 4500 users, ranking in the forefront of power sales business in Jiangsu Province. In accordance with the differentiated competitive thinking, the company focuses on developing small and medium-sized users in potential markets such as Nanjing and Suzhou, and further strengthens the leading position of xukuang group in the power sales market of Jiangsu Province. In addition, the company also actively seeks cooperation with China's five major power generation groups, such as Huaneng, Datang and Huadian, and strives to establish long-term and stable cooperative relations.