Inner Mongolia MengDian HuaNeng Thermal Power sees profit dip, appoints new GM

Inner Mongolia MengDian HuaNeng Thermal Power Corp. reported a net profit attributable to shareholders of RMB 650,672,344.27 for Q3 2025, a 7.28% decrease year-over-year. Year-to-date, this figure stands at RMB 2,207,704,118.36, down 10.60% from the previous year. Operating revenue for Q3 was RMB 5,225,190,401.35, a 10.13% decline, attributed to reduced thermal power generation, lower coal sales volume, and decreased average selling prices.

The company announced the appointment of Mr. Zhang Yan as the new general manager, effective October 30, 2025, following Mr. Wang Zhenrui's resignation. Mr. Zhang Yan, born in November 1981, holds a management degree and has served as chief accountant and party committee member in various thermal power and generation companies. Concurrently, Mr. Zhang Yan has also been nominated as a non-independent director candidate, subject to shareholder approval.

In a move to strengthen corporate governance and operational efficiency, the company approved several revised policies, including the External Investment Management System, Debt Financing Management Measures, Information Disclosure Management System, and External Guarantees Management System. These revisions aim to enhance risk control and ensure compliance with regulatory requirements.