Changes in Hong Kong stocks | Huadian International (01071) rose more than 3% in the morning, and net profit due to mother increased 13.15% year-on-year, and plans to increase capital to Huadian Jinsha River by 600 million yuan

Zhitongcaijing · 09/02/2025 03:25

The Zhitong Finance App learned that Huadian International (01071) rose more than 3% in the morning. As of press release, it had risen 2.99% to HK$4.48, with a turnover of HK$100 million.

According to the news, on August 28, Huadian International announced interim results for the six months ended June 30, 2025. The group obtained total operating revenue of RMB 59.953 billion (same unit), a year-on-year decrease of 8.98%; net profit attributable to owners of the parent company was RMB 3,904 billion, an increase of 13.15% year on year; basic earnings per share were 0.33 yuan, and an interim dividend of 0.09 yuan per share (tax included) was planned. The main reasons for the decline in operating income during the reporting period were reduced power generation, lower electricity prices, and the optimization of the coal trade business model.

It is worth mentioning that Huadian Power International Power Co., Ltd. issued an announcement. The board of directors reviewed and approved the proposed capital increase agreement between the company and Huadian Jinshajiang on August 28, 2025. According to this, Huadian Jinshajiang will add RMB 5 billion in registered capital, and the company agreed to pledge an investment of RMB 600 million according to a 12% equity ratio. The capital increase agreement is expected to be signed on or before September 30, 2025. After the capital increase is completed, the registered capital of Huadian Jinshajiang will be increased to RMB 15 billion, and all of Huadian Jinshajiang's current shareholders will be funded in proportion to the existing shares. The company's shareholding in Huadian Jinshajiang's expanded registered capital at the time was still 12%.