HUANENG POWER (00902) plans to issue technology innovation renewable corporate bonds not exceeding 2 billion yuan.

HUANENG POWER (00902) announced that it plans to issue HUANENG POWER Co., Ltd.'s 2025 technology innovation renewable corporate bonds (Fifth Tranche) to professional investors from October 16, 2025 (T day) to October 17, 2025 (T+1 day). The net proceeds are intended to be used for productive expenditures, including debt repayment, supplemental working capital, project investments, and operations that comply with legal requirements. The issuance size of this bond is not more than RMB 20 billion (including RMB 20 billion). Each bond has a face value of 100 yuan and an issue price of 100 yuan per bond. This bond is divided into two varieties, with variety one having a basic term of 3 years and variety two having a basic term of 5 years. The face rate inquiry range for variety one is 1.50%-2.50%, and for variety two, it is 1.70%-2.70%.