This announcement is made by Huaneng Power International, Inc. (the "Company") pursuant to the requirements of Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Cap.571, the Laws of Hong Kong).
According to Rule 11.3.1 of the Rules Governing the Listing of Stocks on Shanghai Stock Exchange, a listed company is required to announce its estimated annual results within one month after the end of its financial year (i.e., before January 31 of each year) if the annual net profit of the listed company is estimated to increase or decrease by more than 50% over the same period last year. Therefore, this announcement is also made pursuant to Rules 13.10B of the Listing Rules.
The information contained in this announcement is only a preliminary estimate of the Company and is not audited by the Company’s certified public accountants. Detailed financial information of the Company will be disclosed in the 2012 Annual Report of the Company. Potential investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.
The Company and all members of the Board of Directors hereby confirm that this announcement does not contain any false representation, misleading statement or material omission and hereby confirm the truthfulness, accuracy and completeness of the contents of this announcement and jointly accept full responsibility.
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I.
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ESTIMATED RESULTS FOR THE REPORTING PERIOD (BASED ON CHINA ACCOUNTING STANDARDS)
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1.
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Period to which the estimated results applies: From 1 January 2012 to 31 December 2012.
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2.
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Estimated results: Based on the preliminary estimate by the Company, the annual net profit attributable to the Company’s shareholders in 2012 as compared to the same period last year is expected to increase by more than 340%. Relevant financial data of the Company is still under the audit process as the power plants of the Company are widely situated in many provinces and cities across the country and the Company owns assets within and outside the country. Please refer to the audited financial information set out in the 2012 Annual Report to be formally disclosed by the Company for detailed and final financial information.
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3.
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The estimated results have not been audited or reviewed by certified public accounts.
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II.
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RESULTS OF THE CORRESPONDING PERIOD LAST YEAR (BASED ON CHINA ACCOUNTING STANDARDS)
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1.
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Net profit attributable to the Company’s shareholders: RMB1,268,245,238.
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2.
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Earning per share: RMB0.09.
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III.
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REASONS FOR THE ESTIMATED PROFIT INCREASE
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IV.
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OTHER MATTERS
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By Order of the Board
Huaneng Power International, Inc.
Du Daming
Company Secretary
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Cao Peixi
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Shao Shiwei
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(Executive Director)
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(Independent Non-executive Director)
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Huang Long
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Wu Liansheng
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(Non-executive Director)
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(Independent Non-executive Director)
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Li Shiqi
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Li Zhensheng
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(Non-executive Director)
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(Independent Non-executive Director)
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Huang Jian
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Qi Yudong
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(Non-executive Director)
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(Independent Non-executive Director)
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Liu Guoyue
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Zhang Shouwen
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(Executive Director)
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(Independent Non-executive Director)
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Fan Xiaxia
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(Executive Director)
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Shan Qunying
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(Non-executive Director)
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Guo Hongbo
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(Non-executive Director)
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Xu Zujian
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(Non-executive Director)
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Xie Rongxing
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(Non-executive Director)
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HUANENG POWER INTERNATIONAL, INC.
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By /s/ Du Daming
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Name: Du Daming
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Title: Company Secretary
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