Huaneng Power International, Inc. has published information on a proposed extraordinary general meeting (EGM) set for 23 December 2025, covering key resolutions on continuing connected transactions with its controlling shareholder group and the election of directors.

Huaneng Power International, Inc. will seek shareholder approval for framework agreements involving transactions with China Huaneng Group Co., Ltd. (including the procurement of fuel, transportation, and engineering contracting services for 2026) and with Huaneng Tiancheng Financial Leasing Co., Ltd. (finance leases for 2026–2028). The proposed caps for fuel purchases and transportation services total RMB73.4 billion in 2026. Technical services and engineering contracting transaction caps are set at RMB5.5 billion. For transactions with Huaneng Tiancheng Financial Leasing Co., Ltd., the maximum daily balance of the lease principal will be RMB10 billion each year, and annual lease interest (including fees) is capped at RMB490 million.

The company will also present for approval the election of two proposed directors. Documents indicate that non-executive and independent non-executive director positions may be added to the eleventh session of the board. Voting on continuing connected transactions will exclude the controlling shareholder and its associates—holding approximately 46.23% of total shares—from participating, ensuring approval by disinterested shareholders only.

Shareholders listed on the China A-Share and Hong Kong H-Share registers by the cut-off date of 18 December 2025 are eligible to attend and vote. Registration details and proxy information are outlined, with physical and remote submission options provided. The results will be disclosed following the EGM on 23 December 2025.