Huadian Energy to undertake CNY 500m leaseback

Huadian Energy (SSE:600726) announced plans to engage in a sale and leaseback arrangement with State Grid International Financial Leasing Co., Ltd. The proposed transaction involves leased assets valued at up to CNY 500 million. The assets comprise equipment and facilities from the Harbin No. 3 Power Plant and Jiamusi Heating Plant. According to a board resolution on June 17, 2025, the initiative aims to optimize asset utilization and broaden financing avenues. The funds generated will be allocated to supplementing working capital and repaying interest-bearing debts. Huadian Energy emphasized that the transaction will not impact normal asset usage and does not constitute a related-party transaction or a material asset restructuring.