Is Huaneng Power a State-owned Enterprise or a Central Enterprise?

Huaneng Power belongs to both central enterprises and state-owned enterprises. The full name of Huaneng Power is that Huaneng International Power Co., Ltd. was established in 1994. Huaneng International Power Co., Ltd. is mainly engaged in the development, construction and management of large domestic power plants. It is one of the largest listed power generation companies in China and the first listed power generation company in new york, Hongkong and Shanghai in China. The company's domestic power plants are widely distributed in 26 provinces, autonomous regions and municipalities directly under the Central Government of China; The company wholly owns an operating power company in Singapore and invests in an operating power company in Pakistan.

The company issued1994125 million foreign shares ("foreign shares") for the first time in the world, and listed on the New York Stock Exchange in the form of 31250,000 American Depositary Receipts (ADS) (code: HNP). 1998 1 10, the company's foreign shares were listed on the Stock Exchange of Hong Kong Limited ("Hong Kong Stock Exchange") by way of introduction (code: 902).

The company's main business is to develop, build and operate large-scale power plants nationwide by using modern technology and equipment and domestic and foreign funds. As a power generation enterprise, since its establishment, the company has persisted in technological innovation, system innovation and management innovation, and created a number of first and landmark projects in the same industry in China in terms of power technology progress, power plant construction and management methods, which promoted the leap-forward development of China's power industry and the technological progress of power plant equipment manufacturing industry, and promoted the improvement of the technical level and management level of China's power generation enterprises.