Huaneng Lancang River Hydropower announces share issuance, management changes

Huaneng Lancang River Hydropower Inc. (HHLRHP) has received approval to issue new shares to specific investors. Yunnan Rongju Development Investment Co., Ltd. and Yunnan Hehe (Group) Co., Ltd. intend to subscribe up to 2 billion yuan and 1.4 billion yuan, respectively. This share issuance is considered a related-party transaction and will not require shareholder approval.

The company's semi-annual report for 2025 shows strong financial performance, with total operating revenue of 12.96 billion yuan and a net profit of 4.61 billion yuan. These figures mark increases of 9.08% and 10.54% year-over-year. The board of directors also approved key appointments, including Hua Shiguo as vice chairman and Yin Shuhong as general manager.

The company's financial stability is further reinforced by positive risk assessments of its related financial institutions, China Huaneng Group Hong Kong Treasury Management Co., Ltd. and China Huaneng Financial Co., Ltd. These institutions maintain sound internal controls and meet regulatory compliance requirements. The semi-annual report, management appointments, and related party transaction information were all disclosed on August 28 and 29, 2025.