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Huadian Power International Corp Ltd (1071.HK)

1071.HK on Hong Kong Stock

3.28HKD
27 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Huadian Power International total amount of power generated for Q1 45.09 mln mwh
Thursday, 13 Apr 2017 05:23am EDT 

Huadian Power International Corp Ltd <600027.SS>: As at 31 March 2017, total amount of power generated for Q1 of year 2017 was 45.09 million mwh .For Q1 of year 2017 total amount of on-grid electricity sold was 42.10 million mwh.  Full Article

Huadian Power International Corp to pay annual cash div, appoints Li Zengfang as CFO
Wednesday, 29 Mar 2017 06:23am EDT 

Huadian Power International Corp Ltd <600027.SS> : Says it plans to pay annual cash dividend as 0.136 yuan(pre-tax) per share as FY 2016 div payment .It appointed Li Zengfang as CFO.  Full Article

Huadian Power International Corp reports FY net profit of RMB3.128 billion
Tuesday, 28 Mar 2017 07:38am EDT 

Huadian Power International Corp Ltd <600027.SS>: Proposes to declare a final cash dividend of rmb0.136 per share . FY turnover of group in 2016 amounted to approximately rmb62.837 billion, representing a decrease of approximately 5.92% . Profit for year attributable to equity shareholders of co amounted to about rmb3.128 billion, down about 57.32% . Group expects to complete goal of generating approximately 190 billion kwh of power in 2017 . "group intends to invest approximately rmb11 billion in infrastructure of power supply projects" .Group expects to invest about rmb4 billion in projects involving environmental protection and energy saving technology reform in 2017.  Full Article

Huadian Power's 2016 net profit down 56.5 pct
Tuesday, 28 Mar 2017 07:33am EDT 

Huadian Power International Corp Ltd <600027.SS><1071.HK> :Says 2016 net profit down 56.5 percent y/y.  Full Article

Huadian Power International Corp renewed finance lease framework agreement with Huadian Financial Leasing
Tuesday, 28 Mar 2017 05:54am EDT 

Huadian Power International Corp Ltd <600027.SS> : Company renewed existing finance lease framework agreement with Huadian Financial Leasing .Renewal until date of next annual board meeting, which is currently anticipated to be a day around 30 march 2018.  Full Article

Huadian Power announces provision for asset impairment
Tuesday, 28 Mar 2017 05:44am EDT 

Huadian Power International Corporation Limited <1071.HK>: Provision for asset impairment . "Company made provisions for impairment of approximately RMB15.07 million for such projects" . Provision for impairment in aggregate is expected to result in a decrease in company's gross profit for year 2016 by approximately RMB1,093 million . Company intends to make an allowance for doubtful debts of approximately RMB7.37 million . Co intends to make a provision of rmb1,067 million in respect of impairment of assets of co's power generation companies in sichuan area . Mentioned provision expected to result in decrease in company's net profit attributable for year 2016 by about RMB754 million .Coal-fired generating units of Hangzhou Huadian Banshan power generation company limited have been shut down.  Full Article

Huadian Power International issues negative profit alert
Monday, 23 Jan 2017 03:41am EST 

Huadian Power International Corp Ltd <1071.HK> : Profit of company for year 2016 is estimated to decrease as compared with corresponding period in 2015 . expected results due to a combination of downward adjustment of on-grid power tariffs by state .net profit attributable to equity shareholders of company for year 2016 is estimated to record a decrease of approximately 47%-57%.  Full Article

RiseSun Real Estate Development unit signs gas energy project contract
Tuesday, 13 Dec 2016 09:30pm EST 

RiseSun Real Estate Development Co., Ltd.<002146.SZ>:Says its investment unit entered into agreement with Xianghe County People's Government and Tianjin-based branch of Huadian Power International Corp Ltd<600027.SS> on gas energy project in Xianghe.  Full Article

Huadian Power enters capital increase agreement with China Huadian
Tuesday, 22 Nov 2016 03:39am EST 

Huadian Power <1071.HK> : Connected Transaction: Capital Increase In Beijing Fuellogistics . Company entered into capital increase agreement with China Huadian . China Huadian will contribute an amount of rmb15.8 million to Beijing Fuel Logistics .Upon completion of capital increase,co's equity interests in capital of Beijing Fuel Logistics to decrease from 100% to 91%.  Full Article

Huadian Power International appoints Chen Bin as vice chairman
Thursday, 17 Nov 2016 06:55am EST 

Huadian Power International Corp Ltd <600027.SS> : Chen Jianhua has tendered his resignation from position as a non-executive director and a vice chairman of company . Tian hongbao has been appointed as a general manager of company . Chen Bin, executive director and general manager of co, has tendered his resignation from position as a general manager of co . Chen bin has then been appointed as a vice chairman of company .To consider & approve proposed election of tian hongbao as executive director of seventh session of board of co.  Full Article

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