Huaneng Power International

Huaneng Power International, Inc. (HPI), commonly known as Huaneng Power, is a Chinese electric power company. It was established in 1994 by the China Huaneng Group, one of the five largest power producers in China. It engages in the development, construction and operation of large power plants.

Huaneng Power International
Company typePublic
Traded as
ISIN
IndustryPower generation
PredecessorHuaneng International Power Development Corporation
Founded30 June 1994 (1994-06-30) in Beijing
FounderHuaneng Group
Headquarters,
China
Area served
  • China
  • Singapore
Key people
Cao Peixi (Chairman)
Revenue113,814,236,000 renminbi (2016) 
Net income
CN¥001.580 billion (2017)
Total assets CN¥396.590 billion (2017)
Total equity CN¥087.642 billion (2017)
OwnerHuaneng Group (47.16%)
Number of employees
42,210 (2016) 
ParentHuaneng Group
Chinese name
Simplified Chinese华能国际电力股份有限公司
Traditional Chinese華能國際電力股份有限公司
Abbreviation
Simplified Chinese华能国际电力
Traditional Chinese華能國際電力
Second abbreviation
Simplified Chinese华能国际
Traditional Chinese華能國際
Literal meaningHuaneng International
Websitewww.hpi.com.cn
Footnotes / references
in consolidated financial statement

As of 31 May 2018, the market capitalization of its H share was HK$28.484 billion. As of 31 December 2017, about 30.92% of total share capital are "foreign share" (H share plus American depositary share), while the rest were domestic share (A share).:89

Huaneng Power's H share is a component of Hang Seng China Enterprises Index, representing 50 largest H share companies on the Stock Exchange of Hong Kong. However, under different selection criteria, Huaneng Power's A share is a component of SSE SmallCap Index since May 2018, an index for next 320 shares that were not included in SSE 180 Index.

Huaneng Power was ranked 745th in 2018 Forbes Global 2000.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.