公告日期:2026-03-31
Auditor’s Report
Guangdong Electric Power Development Co., Ltd.
For the year ended 31 December 2025
[English translation for reference only. Should there be any inconsistency between the Chinese
and English versions, the Chinese version shall prevail.]
Grant Thornton Zhitong
Certified PublicAccountants LLP
CONTENTS
Auditor’s Report 1-7
Consolidated and company balance sheets 1-2
Consolidated and company income statements 3-4
Consolidated and company cash flow statements 5
Consolidated and company statements of changes in shareholders’ equity 6-9
Notes to the financial statements 10-147
Grant Thornton Zhitong Certified Public
Accountants LLP
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(English Translation for Reference Only)
Auditor's Report
GTCNSZ (2026) NO. 440A004592
To the shareholders of Guangdong Electric Power Development Co……
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