Huaneng Power International, Inc. recently announced the successful issuance of its second tranche of super short-term commercial papers for 2026. According to the announcement, a total of RMB3 billion was issued, featuring a 27-day maturity and an interest rate of 1.42%.

As authorized by the 2024 annual general meeting held on 24 June 2025, the company maintains a mandate to issue debt financing instruments—both domestically and overseas—within a rolling total principal amount of up to RMB170 billion. This authorization remains valid until the conclusion of the 2025 annual general meeting.

The lead underwriters for the issuance were China Bohai Bank Co., Ltd. and Industrial Bank Co., Ltd. Proceeds from these commercial papers will be used to supplement working capital, adjust debt structure, and repay bank loans and outstanding debt. The related documentation is available on the official websites of China Money and the Shanghai Clearing House. The company clarified that the issuance does not constitute a transaction under the relevant chapters of the Listing Rules.