Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. (600863)

Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. (600863)

Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. was established in 1993 with the approval of the people's Government of Inner Mongolia Autonomous Region. It was established by Inner Mongolia electric power (Group) Co., Ltd. and China Huaneng Group Co., Ltd. as sponsors by means of social fund-raising. The company, formerly known as Baotou No.2 thermal power plant, is one of 156 key projects built during the first five year plan period. In March 1994, the company issued 50 million RMB ordinary shares (A shares) to the public. On May 20 of the same year, "Inner Mongolia Huadian" shares were listed on the Shanghai Stock Exchange, and the company became the first listed company in Inner Mongolia Autonomous Region.

The company is the first listed electric power company in Inner Mongolia. In addition to meeting the demand of Inner Mongolia, the power produced by the company is also supplied to Beijing Tianjin Tangshan area. The company holds shares in more than ten electric power enterprises, including Baotou No.2 thermal power plant and Haibowan Electric Power Co., Ltd. The power enterprises under construction include: Shangdu Power Plant Phase I project 2 × 51% equity of 600000 kW generating units; Daihai Power Plant Phase I project is a 49% equity of 600 MW Unit 2 and Jinglong power plant Fengzhen phase II project × 25% equity of 600000 kW units. The third phase project of Datang Tuoketuo Power Plant, in which the company shares 15%, was put into operation at the end of 2005 and the beginning of 2006 respectively. Due to the cost method, it will contribute certain profits to the company in 2007. Since the listing of Huadian stock in Inner Mongolia, the company has been operating steadily and regularly, making use of the advantages of capital operation of listed companies, expanding the scale of the enterprise, increasing the economic benefits year by year, and having a good market image. By the end of 2005, the installed capacity of the power generation enterprises in operation controlled by the company (the total of directly affiliated and holding power plants) was 4034mw, and the equity installed capacity of the power generation enterprises in operation owned by the company (the total capacity calculated according to the equity ratio) was 4464.7mw. Among them: the companies directly under the company include Baotou No.2 thermal power plant (700MW); Baotou No.1 Thermal Power Plant (674mw); Wulashan power plant (200MW); Fengzhen Power Plant # 1, # 2, # 3, # 4 units (800MW). The holding enterprises owned by the company include: 46.36% equity of Haibowan Power Co., Ltd. (200MW); Inner Mongolia Menghua Haibowan Power Generation Co., Ltd. (400MW) 60% equity; 45% equity of Inner Mongolia Fengtai Power Generation Co., Ltd. (400MW); 40% equity of Jingda Power Generation Co., Ltd. (660MW). The company has 15% equity of Inner Mongolia Datang Tuoketuo Power Generation Co., Ltd. (3600mw); 49% equity of Daihai Power Generation Co., Ltd. (# 1 unit 600MW); Inner Mongolia Guohua Zhungeer Power Generation Co., Ltd. (660)

(MW) 30%; 10% equity of Mengda Power Generation Co., Ltd. (1320mw); Baotou Donghua Thermal Power Co., Ltd. (600MW) has 25% equity.

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