Power supply and demand are tight, and many listed companies temporarily cut power and stopped production. How big is the impact？

　　On August 15th, under the extreme high temperature, a number of listed companies announced that they had suffered from "temporary power cut and production suspension".

　　At noon on the 15th, Guoguang announced that Runer Technology, a wholly-owned subsidiary of the company located in jianyang city, Chengdu, was informed by relevant departments that Runer Technology temporarily stopped production from 00:00 on August 15th to 24:00 on August 20th due to the tight power supply. During the suspension of production, the company will actively coordinate and adjust the relevant operating arrangements.

　　According to the announcement, except for the temporary suspension of Runer Technology, other production bases of the company (Hebi Quanfeng Biotechnology Co., Ltd., Chongqing Yier Shuangfeng Technology Co., Ltd. and Shanxi Haozhida Biotechnology Co., Ltd.) are in normal production. At present, the company is well stocked, and the temporary suspension of production of Runer Technology due to power supply will not have a significant adverse impact on the company’s operating performance.

　　After the end of the day, a number of listed companies also issued relevant announcements.

　　Lu Tianhua announced that due to the implementation of the Emergency Notice of Sichuan Provincial Department of Economy and Information Technology and State Grid Sichuan Electric Power Company on Expanding the Implementation Scope of Power Transfer for Industrial Enterprises to the People, all the production devices in Naxi District of Luzhou were stopped on August 15, and the parking period was from 00:00 on August 15 to 24:00 on August 20.

　　Regarding the impact of production suspension, the company said that the power cut and production suspension is expected to reduce urea production by about 35,000 tons and methanol production by about 10,000 tons. It is expected that the impact will be attributed to the reduction of net profit of listed companies by about 30 million yuan.

　　Meifeng, Sichuan issued an announcement and received the notice from relevant departments. Due to the shortage of power supply, the chemical fertilizer branch and compound fertilizer co., Ltd. under the company (the production base is located in Deyang Economic and Technological Development Zone) temporarily stopped production at 12:50 on August 15th, and the expected shutdown time is 24:00 on August 20th.

　　Regarding the impact of production suspension, the announcement said that the temporary production suspension is expected to affect the output of urea by about 15,000 tons and the output of compound fertilizer by about 0.6 million tons. At present, the company’s product inventory is relatively sufficient, and this temporary suspension of production will not have a significant adverse impact on the company’s operating performance.

　　Haowu shares announced that Neijiang Jinhong Crankshaft Co., Ltd., a wholly-owned subsidiary, was temporarily suspended from 00:00 on August 15 to 24:00 on August 20, 2022 due to the power shortage caused by extreme summer weather.

　　The company said that the temporary suspension of production due to the power cut will have a certain impact on the production and operation of Jinhong Company.

　　The day before (14th), Zhongfu Industrial also announced that its subsidiary had stopped production. According to the company’s announcement, on August 14th, 2022, Guangyuan Linfeng Aluminum and Electricity Co., Ltd., a subsidiary of the company located in Sichuan, and Guangyuan Zhongfu Precision Aluminum Co., Ltd., a shareholding subsidiary of the company, received a notice that due to the extreme weather, the power supply was tight, and some production capacity of the two subsidiaries needed to be stopped for one week from August 14th, 2022.

　　At the same time, Zhongfu Industrial said that the power cut is expected to affect the reduction of electrolytic aluminum production of the above two subsidiaries, which will affect the company’s net profit of returning to its mother by 78 million yuan. According to the company, it will prepare for the resumption of production by adjusting the maintenance plan to reduce the impact on listed companies.

　　According to the statistics of China Meteorological Bureau, since the beginning of this year, the daily maximum temperature of 141 national meteorological stations has reached above 40. At the same time, it is predicted that there will be persistent high temperature weather in Sichuan Basin, Jianghan, Jianghuai, Jiangnan and other places in the next 10 days, and the cumulative number of high temperature days can reach 7 to 10 days.