Chairman of China Huaneng, Wen Shugang: closely monitor the management of the market value of the controlling listed company.

date
17/05/2025
On May 16, Chairman of China Huaneng Group, Wen Shugang, stated at the collective performance briefing of China Huaneng Group that the group has always closely monitored the management of market value of its listed companies. In recent years, the total market value of Huaneng International, Huaneng Hydropower, and Inner Mongolia Huadian, the three listed companies, has continued to grow, surpassing 300 billion yuan. He expressed confidence in the future development prospects of the Chinese economy and continues to believe in the future operating performance of the three listed companies. In the past two years, in order to maintain the stability of the market value of the controlling listed companies, they have increased their holdings in these companies a total of 4 times, effectively fulfilling their shareholder responsibilities. For example, in early April this year, they used "real money" to stabilize market expectations, boost investor confidence, and fully demonstrate the responsibility of the controlling shareholder.