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.
Company type | Public | ||||||
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Traded as |
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ISIN | |||||||
Industry | Power generation | ||||||
Predecessor | Huaneng International Power Development Corporation | ||||||
Founded | 30 June 1994 in Beijing | ||||||
Founder | Huaneng Group | ||||||
Headquarters | , China | ||||||
Area served |
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Key people | Cao Peixi (Chairman) | ||||||
Revenue | 113,814,236,000 renminbi (2016) | ||||||
Net income | CN¥ 1.580 billion (2017) | ||||||
Total assets | CN¥396.590 billion (2017) | ||||||
Total equity | CN¥ 87.642 billion (2017) | ||||||
Owner | Huaneng Group (47.16%) | ||||||
Number of employees | 42,210 (2016) | ||||||
Parent | Huaneng 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 | ||||||
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Abbreviation | |||||||
Simplified Chinese | 华能国际电力 | ||||||
Traditional Chinese | 華能國際電力 | ||||||
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Second abbreviation | |||||||
Simplified Chinese | 华能国际 | ||||||
Traditional Chinese | 華能國際 | ||||||
Literal meaning | Huaneng International | ||||||
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Website | www | ||||||
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.