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Huaneng Power International, Inc. (0902.HK)

8.84 Down 0.01(0.11%) Oct 24, 3:59AM EDT
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Huaneng Power International, Inc.
Huaneng Building
6 Fuxingmennei Street
Beijing, 100031
China - Map
Phone: 86 10 6322 6999

Index Membership:N/A
Industry:Diversified Utilities
Full Time Employees:37,729

Business Summary 

Huaneng Power International, Inc., an independent power producer, generates and sells electricity and heat to the regional or provincial grid companies in the People’s Republic of China and Singapore. It is involved in the development, construction, operation, and management of power plants and related projects; and generation, wholesale, and retail of power and other relating utilities. The company generates power from coal, wind, gas, and hydro resources. In addition, it provides cargo transportation services in coastal areas; port management services; cargo loading, information advisory, conveying, and warehousing services; utility services; environment engineering services; consultancy in waste recycling; real estate agency services; and installation and maintenance services for mechanical and electrical equipment and pipelines, as well as acts as a shipping agent. Further, the company is engaged in aquaculture and agriculture irrigation activities; developing and leasing real estate; production and sale of mineral water; port development and construction, coal mixture, and machinery leasing and repair activities; industrial waste management and recycling activities; the supply of water carriage materials; and sale of hot water, demineralized water, and fly ash. As of March 31, 2014, it had controlling generating capacity of 66,795 megawatts and a total generating capacity of 59,993 megawatts. The company was founded in 1994 and is headquartered in Beijing, the People’s Republic of China.

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Key Executives 
Mr. Peixi Cao , 58
Chairman and Principal Exec. Officer
Mr. Guoyue Liu , 50
Pres, Exec. Director, Member of Remuneration & Appraisal Committee and Member of Strategy Committee
Ms. Hui Zhou , 51
Principal Financial Officer and VP
Mr. Junming Guo , 48
Chief Accountant, Chairman of The Supervisory Committee, Supervisor and Member of Disclosure Committee
Mr. Biquan Gu , 57
Chief Legal Adviser and VP
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in HKD.