Huadian Power International proposes governance changes, capital adjustments

Huadian Power International Corporation is proposing comprehensive amendments to its articles of association and related rules, notably abolishing the supervisory committee. Its powers and duties will be transferred to an expanded audit committee, which will increase to six members and assume responsibility for financial oversight, internal controls, and compliance management. The nomination committee will also ensure gender diversity by including at least one female director.

These governance reforms align with the new Company Law and updated regulatory guidelines. The company's total share capital will be updated to 11,611,774,184 ordinary shares and its registered capital to RMB11,611,774,184, reflecting consistency with its actual capital condition. An employee representative director will also be established on the board, elected by employees.

For the nine months ended September 30, 2025, Huadian Power International reported a total profit of RMB10,104,381, a 21.79% increase from the prior year. Net cash flow from operating activities rose by 51.52% to RMB22,977,330. These results were attributed to decreased coal prices and changes in electricity volume and tariffs.