Huaneng Power International (the “Company” or “Huaneng Power International”) convened its 15th meeting of the 11th session of the Board of Directors on October 28, 2025, to consider and approve a Resolution on the Provision for Asset Impairment. According to the announcement, the decision was made to accurately represent the Company’s asset position, operating results, and accounting information.

In the third quarter of 2025, under the China Accounting Standards for Business Enterprises (CAS), a total asset impairment of RMB365 million was recognized at the consolidated level. Of this amount, RMB254 million was linked to Huaneng Chongqing Luohuang Power Generation Co., Ltd. due to policy impacts, and RMB91 million was recorded by Huaneng Qinbei Power Generation Co., Ltd. for fixed assets that have lost utility. Additionally, an RMB19 million inventory write-down was recognized for long-stored spare parts that can no longer be used. A further credit impairment of RMB2 million was also recognized during the same period.

At the Company level, an additional asset impairment of RMB0.3 million was recorded in the third quarter. Collectively, these impairments reduced consolidated profit by RMB367 million and the parent company’s profit by RMB0.3 million for the reporting period. The resolution received approval from both the Audit Committee and the Board, which considered the provision to be in line with relevant accounting standards, supported by sufficient evidence, and reflective of the Company’s asset situation.