Huaneng Group definition

Huaneng Group. China Huaneng Group;

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Huaneng Group means China Huaneng Group ( 中 國 華 能 集 團 公 司 ) , a state-owned

Huaneng Group means China Huaneng Group ( 中 國 華 能 集 團 公 司 ), a state-owned enterprise established in the PRC and the controlling shareholder of the Company;

Examples of Huaneng Group in a sentence

• Huaneng Group is the ultimate controlling shareholder of the Company.

• There is no actual settlement relationship between the Company and its connected persons (including Huaneng Group and its subsidiaries and associates), and the transaction amount is determined according to the contractual terms of both parties to the transaction.

• As at the date of publication of this announcement, Huaneng Group holds a 75% direct interest and a 25% indirect interest in HIPDC, while HIPDC, being the direct controlling shareholder of the Company, holds a 32.28% interest in the Company.

• Huaneng Group mainly engages in the development, investment, construction, operation and management of power sources, the production and sale of power (heat), the development, investment, construction, production and sale of businesses and products relating to energy, transportation, renewable energy and environmental protection.

• Huaneng Group is principally engaged in the operation and management of enterprise investments development, investment, construction, operation and management of power plants; organising the generation and sale of power (and heat); and the development, investment, construction, production and sale of products in relation to energy, transportation, new energy and environmental protection industries.

More Definitions of Huaneng Group

Huaneng Group. China Huaneng Group “ICBC” Industrial and Commercial Bank of China Limited “PRC” or “China” the People’s Republic of China “RMB” the lawful currency of the PRC “Pakistan Company” Huaneng Shandong Ruyi (Pakistan) Energy (Private) Limited “Shandong Company” Huaneng Shandong Power Generation Co., Ltd. “Shandong Ruyi Technology Group” Shandong Ruyi Technology Group Co., Ltd.

Huaneng Group. China Huaneng Group; “Huaneng Nuclear” Huaneng Nuclear Power Development Co., Ltd.; “PRC” or “China” the People’s Republic of China;

Huaneng Group. China Huaneng Group Co., Ltd. “Huaneng Group Framework Agreement” the framework agreement on the continuing connected transactions for 2020 between Huaneng Power International, Inc. and China Huaneng Group Co., Ltd. entered into between the Company and Huaneng Group on 1 November 2019 “▇▇▇ ▇▇▇▇ HK” China ▇▇▇ ▇▇▇▇ Group Hong Kong Limited “Independent Board Committee” a committee of the Board established for the purpose of considering the transactions regarding the purchase of coal and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement, the deposit transactions (including the maximum daily balances thereof) contemplated under the Huaneng Finance Framework Agreement and the transactions contemplated under the Tiancheng Leasing Framework Agreement (including the proposed annual caps of the Lease Principal and the Lease Interest), comprising independent non-executive Directors who are independent of these transactions “Independent Financial Adviser”, “Gram Capital” Gram Capital Limited, a licensed corporation to carry on Type 6 (advising on corporate finance) regulated activity as defined under the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong), an independent financial adviser to be appointed to advise the Independent Board Committee and the Independent Shareholders on the transactions regarding the purchase of coal and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement, the deposit transaction (including the maximum daily balances thereof) contemplated under the Huaneng Finance Framework Agreement and the transactions contemplated under the Tiancheng Leasing Framework Agreement (including the proposed annual caps of the Lease Principal and the Lease Interest)

Huaneng Group. China Huaneng Group Co., Ltd.;

Huaneng Group. China Huaneng Group Co., Ltd. “Huaneng Group Framework Agreement” the framework agreement on the continuing connected transactions for 2022 between Huaneng Power International, Inc. and China Huaneng Group Co., Ltd. entered into between the Company and Huaneng Group on 3 November 2021 “Independent Board Committee” a committee of the Board established for the purpose of considering the transactions regarding the purchase of fuel and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement, comprising independent non-executive Directors who are independent of these transactions “Independent Financial Adviser”, “Gram Capital” Gram Capital Limited, a licensed corporation to carry on Type 6 (advising on corporate finance) regulated activity as defined under the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong), an independent financial adviser to be appointed to advise the Independent Board Committee and the Independent Shareholders on the transactions regarding the purchase of fuel and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement “Independent Shareholders” shareholders of the Company other than Huaneng Group and its

Huaneng Group. China Huaneng Group Co., Ltd. “ICBC Leasing” ICBC Leasing Co., Ltd. To the best knowledge and belief of the Directors of the Company, ICBC Leasing is a third party independent of the Company and its connected persons “Independent Shareholders” independent shareholders of the Company who are entitled to vote on the resolution approving the Counter-Guarantee Contract, excluding Huaneng Group and its associates “PRC” or “China” the People’s Republic of China “Guarantee Contract” the contract entered into between Group Fuel Company and ICBC Leasing on 10 February 2014, pursuant to which, Group Fuel Company, as guarantor, provide a guarantee to ICBC Leasing in respect of the payment obligation and/or liabilities of LE Shipping under the Finance Leases “RMB” the lawful currency of the PRC

Huaneng Group means China Huaneng Group Co., Ltd. ( 中 國 華 能 集 團 有 限 公 司 ), a