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Huaneng Power International Announces Executive Leadership Changes

Story Highlights
  • Huaneng Power announced the resignation of Mr. Huang Lixin as Executive Director and President.
  • Mr. Liu Ancang has been appointed as President, with a proposed role as Executive Director pending approval.
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Huaneng Power International Announces Executive Leadership Changes

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Huaneng Power International ( (HK:0902) ) has shared an update.

Huaneng Power International, Inc. announced changes in its executive leadership, with the resignation of Mr. Huang Lixin as Executive Director and President due to work arrangement adjustments. Mr. Huang will continue to hold positions within the company’s subsidiaries, and his departure will not affect the board’s statutory requirements. The board expressed gratitude for his contributions to the company’s operations and management. Concurrently, Mr. Liu Ancang has been appointed as the new President, with a proposed appointment as Executive Director pending shareholder approval. The Nomination Committee supports Mr. Liu’s appointment, citing his extensive experience and leadership in large-scale energy enterprises, which is expected to enhance the board’s effectiveness and broaden its vision.

The most recent analyst rating on (HK:0902) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.

More about Huaneng Power International

Huaneng Power International, Inc. operates in the energy sector, primarily focusing on the generation and supply of electricity. The company is a significant player in the energy market, with a focus on standardized operations, production and business management, financial management, and capital operations.

Average Trading Volume: 38,122,804

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$108.3B

See more insights into 0902 stock on TipRanks’ Stock Analysis page.

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