Huadian Power International Announces Proposed 2026 Interim Profit Distribution Plan
Key Points of the Announcement
- Proposal Submitted: On July 28, 2026, the Board of Huadian Power International Corporation Limited (the “Company”) received a significant proposal from Chairman Mr. Liu Lei regarding the formulation and implementation of the Company’s 2026 interim profit distribution plan.
- Proposed Cash Dividend: The Chairman proposes distributing a cash dividend of RMB 0.9 (inclusive of tax) for every 10 shares to all shareholders, based on the total share capital as of the record date for the profit distribution plan.
- No Bonus Shares or Conversion: The proposal specifically states there will be no issuance of bonus shares or conversion of capital reserves into share capital as part of this interim distribution.
- Rationale: The proposal aims to effectively reward investors, share the Company’s operational achievements, enhance the investment value, and boost overall investor confidence. This is backed by the Company’s current strong operating performance, healthy financial status, and robust development plans.
- Conditional and Subject to Approval: The plan remains subject to various conditions, including adherence to relevant laws, regulations, and the Company’s Articles of Association, as well as the financial results and cash flow status for the first half of 2026. The Board will determine the final proposal and complete all necessary approval and disclosure processes.
- Adjustment for Capital Change: If there is any change in total share capital between the announcement and the record date, the total cash dividend amount will be adjusted to ensure the per-share distribution remains unchanged.
- Board Commitment: Chairman Liu Lei has committed to expediting the Board meeting process to review and approve the interim distribution plan and will vote in favor of the proposal.
- Regulatory Compliance: The proposal is stated to be fully in compliance with the Company’s Articles of Association and all applicable laws and regulations.
- Uncertainty and Risks: The Company emphasizes that the interim profit distribution plan is subject to the completion of all approval procedures and is not guaranteed. Investors are advised to be aware of potential risks.
Important Information for Shareholders
- Potential Price Sensitivity: The proposal for a substantial interim cash dividend is potentially price sensitive, as it indicates a direct reward to shareholders and reflects the Company’s financial health. If approved, this could positively influence the Company’s share price.
- Dividend Details: The specific amount, timing, and implementation are contingent on the Company’s mid-year financials and Board approval, and subject to potential adjustment based on share capital changes.
- Uncertainties Remain: The proposal is not final. Any material change in Company performance, regulation, or Board decision could impact the actual distribution.
- Timely Disclosure: The Company pledges to adhere to all information disclosure obligations in accordance with regulatory requirements.
Board Composition
As of the announcement date, the Board consists of: Liu Lei (Chairman, Executive Director), Li Quancheng (Vice Chairman, Executive Director), Zhu Peng (Vice Chairman, Non-executive Director), Zeng Qinghua (Non-executive Director), Cao Min (Non-executive Director), Lin Lin (Non-executive Director), Li Guoming (Executive Director), Zhu Yueguang (Executive Director), Wang Yuesheng (Independent Non-executive Director), Shen Ling (Independent Non-executive Director), Huang Kemeng (Independent Non-executive Director), and Su Min (Independent Non-executive Director).
The announcement was issued in Beijing, PRC on July 28, 2026, by Qin Jiehai, Secretary to the Board.
Disclaimer
The above summary is intended for informational purposes only and does not constitute investment advice. The proposed profit distribution plan is subject to Board approval and regulatory procedures, and there is no guarantee that the distribution will proceed as described. Investors are urged to exercise caution and consider all risks before making investment decisions. For further updates, please refer to official Company disclosures.
