Huaneng Power International, Inc.
NYSE:
HK:
HNP
902
Huaneng Power International, Inc. ("HPI") and its subsidiaries develop, construct, operate, and manage large power plants throughout China. With power plants broadly located in 26 provinces, autonomous regions, and municipalities, HPI is one of the largest listed power producers in China. HPI also wholly owns an operating power company in Singapore.
HPI mainly engages in the development, construction, and operation of large power plants throughout China utilizing modern technology and equipment financed by international and domestic capital. As a power generation enterprise, HPI has since its inception focused on technical innovation, structural innovation, and management innovation. With the completion of many record-setting and landmark projects in China, HPI strives to promote rapid development of China's power industry and technical advancement in power generation equipment manufacturing and the enhancement of domestic power generation enterprises' technical capabilities and management skills. HPI built China's first 600MW supercritical generating unit, the first 1000MW unit and the first digitalized 1000MW class ultra-supercritical coal fired unit. HPI also built the world's first 1000MW unit with seawater desulfurization. The 660MW high efficiency ultra-supercritical unit constructed by HPI has the highest operating parameters in China. HPI also constructed the first ultra-supercritical unit with secondary reheating in China. HPI is the first power company in China achieved a "triple listing" status, with its shares traded on New York Stock Exchange, Hong Kong Stock Exchange, and Shanghai Stock Exchange. HPI's technical-economic indicators and full labor productivity rank among the best in domestic power industry. HPI continuously optimizes its power generating structure and geographical layout by giving priority to thermal power generation and construction of high efficiency environmentally friendly large units, co-generation units and coal-electricity integrated development bases in economically vibrant regions. HPI strives to develop commercially viable wind power projects. Under certain conditions, HPI also engages in the development of gas fired power projects and investment in hydro-power projects and nuclear projects.
Key Facts
Auditor
Public Listing
Domicile
HQ/Management
Location of Key Operations
IR Contact
KPMG Huazhen LLP
IPO (June 6, 1994)
Cayman Islands
Haidian, Beijing, China
Internal
86-10-6608-6785
Analyst Coverage
Latest News
April 15, 2021: Huaneng Power International, Inc. Domestic Electricity Sold in the First Quarter of 2021 Increased by 30.20% Year-on-Year
April 15, 2021: ANNOUNCEMENT ON ELECTRICITY SOLD WITHIN CHINA FOR THE FIRST QUARTER OF 2021
April 12, 2021: DATE OF MEETING OF THE BOARD OF DIRECTORS
March 25, 2021: Power Major Huaneng Commits to Green Energy Boost
March 23, 2021: ANNOUNCEMENT OF ANNUAL RESULTS FOR 2020
March 23, 2021: ANNOUNCEMENT ON PROVISION FOR ASSET IMPAIRMENT
March 23, 2021: RESOLUTIONS PASSED AT THE ELEVENTH MEETING OF THE TENTH SESSION OF THE BOARD OF DIRECTORS
March 17, 2021: Announcement on Convening 2020 Annual Results Conference Call for Global Investors
March 8, 2021: DATE OF MEETING OF THE BOARD OF DIRECTORS
March 1, 2021: Baidu And Huaneng Power Partner To Create AI Services Platform
January 15, 2021: HUANENG POWER INTERNATIONAL, INC. DOMESTIC POWER GENERATION DECREASED BY 0.24% FOR THE YEAR OF 2020