Zhitong Finance App News, Huaneng International Power Co., Ltd. (00902) issued an announcement. The Great Wall Huaneng Coal-fired Power Generation Closed Infrastructure Securities Investment Fund (“Huaneng Coal-Fired Power REIT” or “Infrastructure Public REITs”) obtained an unobjection letter from the Shanghai Stock Exchange on September 11, 2026, obtained registration approval from the China Securities Regulatory Commission on September 20, 2026, and completed the fund sale on October 13, 2026. It will be listed on the Shanghai Stock Exchange with the trading code “508081 ”, referred to as “Huaneng REIT” for short in the fund market, and “Great Wall Huaneng Coal-fired Power Generation REIT” for short.
Huaneng Coal and Electricity REIT raised a final fund share of 1 billion shares, the sale price was RMB 3.198 per share, and the net capital raised by the fund was RMB 3.198 billion; when combined with interest during the fundraising period, the total amount raised by the fund was RMB 3200 billion. The Huaneng Coal and Electricity REIT sale consists of three parts: strategic placement, offline sales, and public investor sales:
The number of strategic placement fund shares was 700 million shares, accounting for 70% of the total sale share. Among them, the original shareholder Qingdao Thermal Power and its related party under the same control subscribed for 170 million shares and 340 million shares respectively, accounting for 51% of the total sale share; other strategic investors subscribed 190 million shares, accounting for 19% of the total sale share;
Offline investors subscribed to 210 million copies, accounting for 21% of the total sale share; and
Public investors subscribed to 90 million copies, accounting for 9% of the total sale share.
Launching public infrastructure REITs helps companies revitalize high-quality infrastructure assets, further broaden financing channels, promote the company's virtuous cycle of investment in the energy sector, and enhance the company's sustainable development capabilities.