Huaneng Power International, Inc. held a board meeting on October 29, 2024, and passed a resolution on conducting financial derivatives business in 2025. The resolution allows its wholly-owned subsidiary, Singapore Dasha Energy Limited, and its subsidiaries to conduct fuel swap trades, forex forward trades, and interest rate swap trades in 2025 to hedge fuel price, exchange rate, and interest rate fluctuation risks. The transaction limits are fuel swaps not exceeding 2.7 billion US dollars, forex forwards not exceeding 3.2 billion US dollars, and interest rate swaps not exceeding 0.9 billion US dollars, all with a validity period of one year from January 1, 2025, to December 31, 2025. Dasha Energy will choose reputable large banks as trading partners and strictly adhere to internal control systems for risk management. The company stated that these trades will help stabilize operational performance without affecting normal cash flow and core business operations.

Huaneng Power International, Inc. held a board meeting on October 29, 2024, and passed a resolution on conducting financial derivatives business in 2025. The resolution allows its wholly-owned subsidiary, Singapore Dasha Energy Limited, and its subsidiaries to conduct fuel swap trades, forex forward trades, and interest rate swap trades in 2025 to hedge fuel price, exchange rate, and interest rate fluctuation risks. The transaction limits are fuel swaps not exceeding 2.7 billion US dollars, forex forwards not exceeding 3.2 billion US dollars, and interest rate swaps not exceeding 0.9 billion US dollars, all with a validity period of one year from January 1, 2025, to December 31, 2025. Dasha Energy will choose reputable large banks as trading partners and strictly adhere to internal control systems for risk management. The company stated that these trades will help stabilize operational performance without affecting normal cash flow and core business operations.