HUANENG POWER (00902) completes issuance of 2 billion yuan corporate bonds.

HUANENG POWER (00902) announces that, in accordance with the "Announcement on the Public Offering of Technology Innovation Renewable Corporate Bonds (6th Tranche) by HUANENG POWER Limited Company for Professional Investors in 2025", the company has issued the Technology Innovation Renewable Corporate Bonds (6th Tranche) for professional investors in 2025 (referred to as "this bond") divided into two categories. The first category has a basic term of 3 years, with a repricing cycle of every 3 interest payment years, at the end of the agreed basic term and at the end of each renewal, the issuer has the right to exercise the renewal option, to extend the term by 1 cycle as agreed, or choose to redeem the bond in full at the end of that cycle. The second category has a basic term of 5 years, with a repricing cycle of every 5 interest payment years, with the issuer having the right to exercise the renewal option at the end of the agreed basic term and at the end of each renewal, to extend the term by 1 cycle as agreed, or choose to redeem the bond in full at the end of that cycle. The total issuance size of this bond does not exceed RMB 2 billion. The issuance of this bond was completed on October 28, 2025. The actual issuance size of category one (bond abbreviation: 25HPI9YK, code: 244052) was RMB 1 billion, with a final coupon rate of 2.05% and a subscription multiple of 5.53; category two (bond abbreviation: 25HPI0YK, code: 244053) had an actual issuance size of RMB 1 billion, with a final coupon rate of 2.28% and a subscription multiple of 3.65.