As of the close of September 26, 2025, Huaneng International (600011) closed at 7.13 yuan, down 3.26% from 7.37 yuan last week. This week, Huaneng International’s highest intraday price was 7.38 yuan on September 22. The lowest intraday price on September 25 was 7.11 yuan. Huaneng International’s current latest total market value is 111.927 billion yuan, ranking 8/102 in the power sector, and 150/5157 in the A-share market value in the two markets.

Focus on this week

• From the company’s announcement summary: Huaneng International has completed the issuance of 1.5 billion yuan of technology innovation renewable corporate bonds, with a variety-first issue rate of 2.33%.
• From the company’s announcement summary: This issue of bond variety 2 was originally planned to be issued but was eventually cancelled.
• From the company’s announcement summary: The funds raised will be used to repay interest-based debts, supplement working capital and project investment, etc.

Summary of company announcements

Huaneng International Electric Power Co., Ltd.’s public issuance of corporate bonds with a face value of no more than RMB 40 billion (including RMB 40 billion) to professional investors has been reviewed and approved by the Shanghai Stock Exchange and has been registered by the China Securities Regulatory Commission (Securities Supervision License [2025] No. 1335). The company has completed the issuance of the public issuance of technological innovation renewable corporate bonds (Phase 4) to professional investors in 2025. This bond issuance is not more than 1.5 billion yuan (including 1.5 billion yuan), divided into two varieties: Variety 1 has a basic term of 5 years, and every 5 interest-bearing years is one cycle; Variety 2 has a basic term of 10 years, and every 10 interest-bearing years is one cycle. The company has the right to choose to renew or repay at the end of the cycle. The actual issuance amount of this bond variety 1 is 1.5 billion yuan, with an issuance interest rate of 2.33%; the issuance of variety 2 is cancelled. After deducting issuance expenses, the funds raised are used to repay interest-related debts, supplement working capital, project investment and operation, and other purposes that comply with laws and regulations. Relevant documents have been announced on the Shanghai Stock Exchange website.