Huaneng Finance definition

Huaneng Finance. China Huaneng Finance Corporation Limited “Huaneng Group” China Huaneng Group Co., Ltd. “Huaneng Group Framework Agreement” the framework agreement on the continuing connected transactions for 2022 between Huaneng Power International, Inc. and China Huaneng Group Co., Ltd. entered into between the Company and Huaneng Group on 3 November 2021
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Huaneng Finance. China Huaneng Finance Corporation Limited; “Huaneng Group” China Huaneng Group Co., Ltd.; “Huaneng Nuclear” Huaneng Nuclear Power Development Company Ltd.;
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Huaneng Finance. China Huaneng Finance Corporation Limited “Huaneng Group” China Huaneng Group Co., Ltd.
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Examples of Huaneng Finance in a sentence

  • Segment assets exclude prepaid income tax, deferred income tax assets, other equity instrument investments, investment in Huaneng Finance and assets related to the centrally managed and resource allocation functions of the headquarters that are not attributable to any operating segment (“corporate assets”).

  • The electronic patient record provides opportunities for respiratory care as well as challenges.

  • The Company holds 20% equity interest in Huaneng Finance, which in turn holds 0.39% equity interest in the Company.

  • Senior management assesses the performance of the operating segments based on a measure of profit before income tax expense under China Accounting Standards for Business Enterprises (“PRC GAAP”) excluding dividend income received from other equity instrument investments, share of profits of China Huaneng Finance Co., Ltd (“Huaneng Finance”) and operating results of the centrally managed and resource allocation functions of headquarters (“segment results”).

  • Huaneng Finance shall provide deposit interest on normal commercial terms that are no less favourable than those offered by independent third parties for similar services to the Company in the PRC.

  • The principal business of Huaneng Finance includes deposit-taking, loans handling, acceptance and discounting of bills, inter- bank borrowing and foreign investment.

  • Huaneng Group also holds a 9.91% direct interest in the Company and holds a 3.01% indirect interest in the Company through its wholly-owned subsidiary Huaneng HK, a 0.84% indirect interest in the Company through Huaneng Treasury, its indirect wholly-owned subsidiary, and a 0.19% indirect interest in the Company through its controlling subsidiary Huaneng Finance.

  • In the U.S., closed-end funds account for less than 2% of the total value of investment funds55, while in the U.K. they account for some 25%56 (the reason 51 China Merchants Fund Management Co., Ltd., is held 40% by China Merchants Securities Co. Ltd.; 30% by ING; and 10% each by China Power Finance Co., Ltd., China Huaneng Finance Co., Ltd., and COSCO Finance Co., Ltd.

  • As the implementation agreements are to provide for the deposit services as contemplated by the Huaneng Finance Framework Agreement, they will not constitute new categories of connected transactions.

  • Huaneng Group also holds a 9.91% direct interest in the Company and holds a 3.01% indirect interest in the Company through its wholly- owned subsidiary Huaneng HK, a 0.84% indirect interest in the Company through China Huaneng Group Treasury Management (Hong Kong) Limited, its indirect wholly-owned subsidiary, and a 0.39% indirect interest in the Company through its controlling subsidiary Huaneng Finance.


More Definitions of Huaneng Finance

Huaneng Finance. China Huaneng Finance Corporation Limited “Huaneng Group” China Huaneng Group Co., Ltd. “Huaneng Group Framework Agreement” the framework agreement on the continuing connected transactions for 2021 between Huaneng Power International, Inc. and China Huaneng Group Co., Ltd. entered into between the Company and Huaneng Group on 5 November 2020 “Independent Board Committee” a committee of the Board established for the purpose of considering the transactions regarding the purchase of fuel and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement, comprising independent non-executive Directors who are independent of these transactions “Independent Financial Adviser”, “Gram Capital” Gram Capital Limited, a licensed corporation to carry on Type 6 (advising on corporate finance) regulated activity as defined under the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong), an independent financial adviser to be appointed to advise the Independent Board Committee and the Independent Shareholders on the transactions regarding the purchase of fuel and transportation services (including the proposed cap) contemplated under the Huaneng Group Framework Agreement “Independent Shareholders” shareholders of the Company other than Huaneng Group and its associates
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Related to Huaneng Finance

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