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Huaneng International Power Co., Ltd. ("the company", "the company" or "Huaneng International") and its subsidiaries have developed, constructed and operated large-scale power plants nationwide in China. As of June 30, 1919, they have the equity of generating capacity of 93520 MW and controllable generating capacity of 106136 MW. The power plants in the company are widely distributed in China's second largest power plants The company has 16 provinces, autonomous regions and municipalities directly under the central government. It has a wholly-owned operating power company in Singapore and is one of the largest listed power generation companies in China.
The company was established on June 30, 1994. In October of the same year, the company issued 1.25 billion overseas listed foreign shares ("foreign shares") and listed on the New York Stock Exchange (Code: HNP) in the form of 31.25 million American Depository shares ("ads"). In January 1998, the company's foreign shares were listed on the stock exchange of Hong Kong Limited ("SEHK") by way of Introduction (Code: 902). Since then, in March 1998, the company has successfully completed the global placement of 250 million foreign shares and the directional placement of 400 million domestic shares. In November 2001, the company successfully issued 350 million a shares (Code: 600011) in China, of which 250 million public shares were listed on the Shanghai Stock Exchange. In December 2010, the company completed the non-public offering of 1.5 billion a shares and 500 million H shares. In November 2014, the company completed a non-public offering of 365 million H shares. In November 2015, the company completed the non-public offering of 780 million H shares. At present, the total share capital of the company is about 15.2 billion shares.
The main business of the company is to develop, construct and operate large-scale power plants nationwide by using modern technology and equipment and domestic and foreign funds. As a power generation enterprise, since its establishment, the company adheres to technological innovation, system innovation and management innovation, and has created a number of domestic industry first and milestone projects in terms of power technology progress, power plant construction and management mode, which has promoted the leapfrog development of China's power industry and the technological progress of power plant facility manufacturing industry, and promoted the technical level and management level of China's power generation enterprises The quality of life has been improved. The company has introduced 600000 kW supercritical coal-fired power generation unit for the first time in China, put into operation the first 1 million KW single unit capacity and the first digital 1 million KW ultra supercritical coal-fired power generation unit in China, built the world's first 1 million KW coal-fired power generation unit using seawater desulfurization and 660000 kW high-efficiency ultra supercritical coal-fired power generation unit with the highest parameters in China, and built the first one in China The company is the first power generation company listed in New York, Hong Kong and Shanghai. The company's technical and economic indicators and total labor productivity remain advanced in the domestic power industry. The company constantly optimizes the power structure and regional layout, optimizes the development of thermal power, gives priority to the development and construction of high-efficiency environmental protection large units, cogeneration units and coal power integration bases in economically developed areas, vigorously promotes the development of benefit oriented wind power projects, has the conditions to develop gas-fired power generation, and participates in the investment of hydropower and nuclear power.
Over the years, the company is determined to open up, steady operation, the scale has expanded year by year, and the competitive strength has been continuously enhanced. The development of the company depends on its scale and equipment advantages, strategic layout advantages of power plants, strong support from major shareholders, sound corporate governance structure and market reputation advantages, rich capital operation experience and overseas development advantages, high-quality staff and professional management.
The development goal of the company is: as a power generation company, it is committed to providing sufficient, reliable and environmentally friendly power for the society, and as a listed company, it creates long-term, stable and growing returns for shareholders. As a first-class power company, it is committed to excellent operation, domestic excellence and international leadership.
The parent company and controlling shareholder of the company, Huaneng International Power Development Corporation ("Huaneng development"), is a Sino foreign joint venture established in 1985.
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