Huaneng International non-public offering adjustment program approved by shareholders General meeting

NetEase Financial September 6 News Huaneng International Evening Notice that the company's private issue of stock adjustment program was a A-shares and H-share shareholder approval.　　The programme has been approved by SASAC before. Huaneng International intends to issue a A-shares proposed to raise the total amount of not more than 8.6 billion yuan, to invest in Gansu Dry estuary second wind farm and other 8 projects and repayment of financial institutions to borrow money.　　The fund-raising for the directed issuance of H shares is planned to be used to increase the capital of the new power (private) Limited, a wholly-owned foreign subsidiary, for the development of overseas business. Huaneng International announced earlier that it intends to issue a 1.2 billion-a-share and 400 million H-shares with a price of not less than 7.13 yuan per share and HK $4.97 respectively.　　Due to the sudden changes in market environment, Huaneng International decided to revise a+h bundled directional additional plans. July 26, Huaneng International announced the adjustment of the company's non-public offering of a-share and H-share shares of the proposal. To issue a share number to specific investors, including Huaneng Group, from the original number of not more than 1.2 billion to 1.5 billion shares, of which the plan to the Huaneng Group issued from 400 million to 500 million shares, the price of A shares issued by 7.13 Yuan/unit adjusted to 5.57 yuan/share, and, if a a-share issue of 1.5 billion shares,　　Will issue 500 million H-shares to the Huaneng Hong Kong company with an offering price of HK $4.97 per share reduced to HK $4.73. If the financial data of the December 31, 2009, China Energy International simulation calculation, a-share raise funds according to the issue of 1.5 billion shares, the issue price per share of 5.57 yuan, a total of 8.355 billion;　　The issue price of 4.73 Hong Kong dollars per share calculation, the conversion of about 2.064 billion yuan, then Huaneng International this directional additional a+h shares raise about 10.419 billion yuan.　　Huaneng International said that after the completion of the non-public offering of a and H shares, 1.5 billion shares and 500 million H-shares in the private sector, Huaneng Group direct and indirect control of the company's 50.81% of the shares, is still the company's controlling shareholder. China reported that in the first half of the year, the net profit of the company's shareholders increased 2.71%, to 2.026 billion yuan, the first half of the year's revenue growth of 37.25%, operating costs increased by 41.36% year-on-year.