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Huadian Power Announces Key Leadership Appointments
In November, the total electricity consumption in the mainland increased by 2.8% year-on-year.
The National Energy Administration announced that in November, the total electricity consumption of society reached 784.9 billion kilowatt-hours, an annual increase of 2.8%, compared to an annual increase of 4.3% in October's total electricity consumption. In the first 11 months of this year, the total electricity consumption of society accumulated to 8968.6 billion kilowatt-hours, with an annual increase of 7.1%, of which the power generation of industries above the designated size was 8568.7 billion kilowatt-hours. By industry, the electricity consumption of the primary industry was 124.5 billion kilowatt-hours, an annual increase of 6.8%; the electricity consumption of the secondary industry was 5812.2 billion kilowatt-hours, an annual increase of 5.3%; and the electricity consumption of the tertiary industry was 1669.8 billion kilowatt-hours, an annual increase of 10.4.
HUADIAN POWER (01071.HK) has completed the issuance of 1 billion yuan in ultra-short-term financing bonds.
On December 19, Gelonghui announced that HUADIAN POWER (01071.HK) has recently completed the issuance of its third phase of ultra-short-term financing Bonds for the year 2024. The total issuance amount of this phase of Bonds is 1 billion yuan, with a term of 90 days and a face value of 100 yuan per unit, and the issuance coupon rate is 1.93%. The funds raised from this issuance will be used to repay the company's and its consolidated subsidiaries' maturing debts and to supplement working capital.
Huadian Power International's Chairman Steps Down
Huadian Power: Dai Jun Resigned as Chairman, Executive Director
HUADIAN POWER (01071.HK): Executive Director and Chairman Dai Jun has resigned.
Gelonghui, December 18, HUADIAN POWER (01071.HK) announced that Dai Jun has submitted his resignation as the company's Chairman, Executive Director, and Chairman of the Board of Directors' Strategic Committee due to reaching retirement age. The resignation will take effect after the company's Shareholders' Meeting approves the appointment of a new director. After the resignation takes effect, Dai Jun will no longer hold any position in the company.