Huadian Power to pay interim dividend, increase capital in hydropower unit

Huadian Power International Corporation Limited announced an interim dividend of RMB0.09 per share (tax inclusive) for 2025, totaling RMB1,045,059.68 thousand, to be distributed by December 31, 2025. This follows net profit attributable to shareholders of RMB3,904 million for the six months ended June 30, 2025. The company also reported power generation of approximately 120.62 million MWh and operating revenue of approximately RMB59,953 million for the period.

Concurrently, the company announced a capital increase in its subsidiary, Huadian Jinsha River Upstream Hydropower Development Co., Ltd. Huadian Jinsha River will increase its registered capital by RMB5.0 billion to RMB15.0 billion, with Huadian Power subscribing for RMB600 million, maintaining its 12% equity interest. This capital increase, valued at RMB1 per unit of registered capital, is intended to support Huadian Jinsha River’s project construction and is due by July 31, 2030.

This transaction is deemed a connected transaction under Hong Kong Listing Rules, subject to annual reporting and announcement requirements but exempt from independent shareholders’ approval, as its percentage ratio exceeds 0.1% but is less than 5%. Huadian Jinsha River's total assets were approximately RMB57.464 billion and net assets RMB10.707 billion as of December 31, 2024.