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Huaneng Power International, Inc. (HNP)

NYSE - NYSE Delayed Price. Currency in USD
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18.41-1.07 (-5.49%)
At close: 04:00PM EDT

Huaneng Power International, Inc.

Huaneng Building
6 Fuxingmennei Street Xicheng District
Beijing 100031
China
86 10 6322 6999
https://www.hpi.com.cn

Sector(s)Utilities
IndustryUtilities—Independent Power Producers
Full-time employees57,513

Key executives

NameTitlePayExercisedYear born
Mr. Keyu ZhaoExec. Chairman189.66kN/A1966
Mr. Ping ZhaoPres & Exec. Director188.33kN/A1962
Mr. Lixin HuangChief AccountantN/AN/A1966
Mr. Wei LiuChief EngineerN/AN/A1963
Mr. Qiyang FuChief EconomistN/AN/A1963
Mr. Chaoquan HuangVP & Company Sec.N/AN/A1965
Mr. Rui DuanSec. of the Discipline & Inspection CommissionN/AN/A1968
Wang YutianExec. officerN/AN/A1941
Mr. Lang Chuan JinExec. officerN/AN/A1943
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Huaneng Power International, Inc., together with its subsidiaries, engages in the generation and sale of electric power to the regional or provincial grid companies in the People's Republic of China and internationally. It is involved in the development, construction, operation, and management of power plants and related projects. The company also generates power from gas turbine, hydro, wind, photovoltaic, coal-fired, and biomass resources. In addition, it is involved in the sale of coal ash and lime; cargo loading and storage; port, warehousing, and conveying activities; photovoltaic power generation projects development and construction; and provision of thermal energy and cold energy services, as well as thermal heating services. Further, the company engages in the repair and maintenance of power equipment; supply of steam and hot water; plumbing pipe installation and repair; and energy engineering construction activities. Additionally, it is involved in the provision of transportation services; construction and operation of electricity distribution networks and heating pipe networks; energy supply, energy transmission, and substation project contracting activities; cargo handling and transportation; and port management, investment, and development activities. The company engages in the management of industrial water and waste, as well as provides environment engineering, and information technology and management consulting services. It also sells raw and processed coal; and offers central heat and desalinated water services. As of December 31, 2021, the company had a controlled generating capacity of 118,695 megawatts and an equity-based installed capacity of 103,875 megawatts. Huaneng Power International, Inc. was incorporated in 1994 and is based in Beijing, the People's Republic of China.

Corporate governance

Huaneng Power International, Inc.’s ISS governance QualityScore as of 1 May 2022 is 10. The pillar scores are Audit: 6; Board: 9; Shareholder rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.