Huaneng Power International Appoints Wang Yu as Employee Representative Director

Huaneng Power International ( (HK:0902) ) just unveiled an announcement.

Huaneng Power International has amended its articles of association to provide for an 18-member board that includes one employee representative director and has now appointed Wang Yu as the employee representative director for the eleventh board term, following a democratic election by the employee representative assembly. Wang, a seasoned internal executive with extensive experience across finance, compliance and administration within the group, will serve without additional director-specific remuneration, and his appointment ensures the board’s composition remains compliant with Chinese corporate governance requirements limiting the proportion of directors who are also senior managers or employee representatives, reinforcing the company’s adherence to regulatory and governance standards.

The most recent analyst rating on (HK:0902) stock is a Hold with a HK$7.00 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. is a major Chinese power generation company, with operations that include conventional and nuclear energy assets through subsidiaries such as Huaneng (Zhejiang) Energy Development Co., Ltd. and Huaneng Shidaowan Nuclear Power Development Co., Ltd., positioning it as a key player in China’s energy sector.

YTD Price Performance: 0.87%

Average Trading Volume: 28,887,763

Technical Sentiment Signal: Buy

Current Market Cap: HK$117.7B

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