FORM 2 - Corporate Substantial Shareholder Notice
Form Serial Number
:
CS20260907E00569
1.
Date of relevant event
:
02/09/2026
(dd/mm/yyyy)
2.
Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later)
:
04/09/2026
(dd/mm/yyyy)
3.
Stock code
:
00902
4.
Name of listed corporation
:
Huaneng Power International, Inc. - H Shares
5.
Class of shares
:
H Shares
6.
Number of issued shares in class
:
4,700,383,440
7.
Name of substantial shareholder
:
JPMorgan Chase & Co.
8.
Registered office
:
270 Park Avenue, New York, New York, NY, 10017, United States
9.
Principal place of business in Hong Kong
:
N/A
15.
Exchange on which listed
:
New York Stock Exchange
16.
Name of listed parent and exchange on which parent is listed
:
N/A
17.
Details of relevant event
:
Brief description of relevant event
Capacity in which shares were/are held
Number of shares bought/sold or involved
Currency of transaction
On Exchange
Off Exchange
Before relevant event
After relevant event
Highest price (per share)
Average price (per share)
Average consideration (per share)
Nature of consideration
Long position
1004
You first acquire a notifiable interest because:
you acquired a security interest in the shares
2201
Interest of corporation controlled by you
2201
Interest of corporation controlled by you
38,253,602
HKD
5.6050
5.5162
5.5145
3101
Cash
Short position
1403
You came to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares increased because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
2201
Interest of corporation controlled by you
2201
Interest of corporation controlled by you
25,802,407
18.
Total shares immediately before the relevant event
:
Total number of shares
Percentage figure (%)
Long position
207,103,010
4.40
Short position
80,065,730
1.70
Lending Pool
60,548,331
1.28
19.
Total shares immediately after the relevant event
:
Total number of shares
Percentage figure (%)
Long position
245,356,612
5.21
Short position
105,868,137
2.25
Lending Pool
72,973,730
1.55
20.
Capacity in which interests disclosed in Box 19 are held
:
Capacity code
Number of shares
2101
Beneficial owner
Long position
110,642,882
Short position
105,868,137
2102
Investment manager
Long position
61,694,000
Short position
0
2106
Person having a security interest in shares
Long position
46,000
Short position
0
2502
Approved lending agent
Long position
72,973,730
Short position
0
21.
Further information in respect of derivative interests
:
Derivatives code
Number of shares
4105
Unlisted derivatives - Physically settled
Long position
1,614,393
Short position
1,716,787
4106
Unlisted derivatives - Cash settled
Long position
65,043,000
Short position
15,826,000
22.
Further information in relation to interests of corporations controlled by substantial shareholder
:
Name of controlled corporation
Address and place of incorporation
Name of controlling person
% control
Direct interest (Y/N)
Number of shares
JPMorgan Asset Management (China) Company Limited
42F&43F 479 Lujiazui Ring Road China (Shanghai) Pilot Free Trade Zone Shanghai 200120 China
JPMorgan Asset Management Holdings Inc.
100.00
Y
Long position
60,398,000
Short position
0
JPMorgan Asset Management (Taiwan) Limited
20F & 21, No.1 Song Zhi Rd, Xin Yi District, Taipei City, Taiwan. Taipei 110 Taiwan (Province of China)
JPMorgan Asset Management (Asia) Inc.
100.00
Y
Long position
20,000
Short position
0
J.P. Morgan SE
TaunusTurm Taunustor 1 Frankfurt am Main Frankfurt 60310 Germany
J.P. Morgan International Finance Limited
100.00
Y
Long position
32,000
Short position
0
J.P. Morgan Securities LLC
270 Park Avenue New York NY 10017 United States
J.P. Morgan Broker-Dealer Holdings Inc.
100.00
Y
Long position
33,269,468
Short position
33,269,468
J.P. Morgan Investment Management Inc.
270 Park Avenue New York NY 10017 United States
JPMorgan Asset Management Holdings Inc.
100.00
Y
Long position
494,000
Short position
0
J.P. Morgan Prime Inc.
270 Park Avenue New York NY 10017 United States
J.P. Morgan Securities LLC
100.00
Y
Long position
80,000
Short position
80,000
JPMorgan Chase Bank, National Association
1111 Polaris Parkway Columbus OH 43240 United States
JPMorgan Chase & Co.
100.00
Y
Long position
73,755,730
Short position
0
J.P. MORGAN SECURITIES PLC
25 Bank Street Canary Wharf London E14 5JP England
J.P. MORGAN CAPITAL HOLDINGS LIMITED
100.00
Y
Long position
77,307,414
Short position
72,518,669
JPMorgan Asset Management Holdings Inc.
270 Park Avenue New York NY 10017 United States
JPMorgan Chase Holdings LLC
100.00
N
Long position
60,912,000
Short position
0
JPMorgan Chase Holdings LLC
270 Park Avenue New York NY 10017 United States
JPMorgan Chase & Co.
100.00
N
Long position
94,261,468
Short position
33,349,468
JPMorgan Asset Management (Asia) Inc.
270 Park Avenue New York NY 10017 United States
JPMorgan Asset Management Holdings Inc.
100.00
N
Long position
20,000
Short position
0
J.P. Morgan International Finance Limited
270 Park Avenue New York NY 10017 United States
JPMorgan Chase Bank, National Association
100.00
N
Long position
77,339,414
Short position
72,518,669
JPMorgan Chase Bank, National Association
1111 Polaris Parkway Columbus OH 43240 United States
JPMorgan Chase & Co.
100.00
N
Long position
77,339,414
Short position
72,518,669
J.P. Morgan Broker-Dealer Holdings Inc.
4 Chase Metrotech Center 4th Floor Brooklyn NY 11245 United States
JPMorgan Chase Holdings LLC
100.00
N
Long position
33,349,468
Short position
33,349,468
J.P. Morgan Securities LLC
270 Park Avenue New York NY 10017 United States
J.P. Morgan Broker-Dealer Holdings Inc.
100.00
N
Long position
80,000
Short position
80,000
J.P. MORGAN CAPITAL HOLDINGS LIMITED
25 Bank Street Canary Wharf London E14 5JP England
J.P. Morgan International Finance Limited
100.00
N
Long position
77,307,414
Short position
72,518,669
23.
Further information in relation to interests held by substantial shareholder jointly with another person
:
Name of joint shareholder
Address
Number of shares
24.
Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust
:
Names of trust
Address
Status code
Number of shares
25.
Further information from a party to an agreement under Section 317 (Please see Notes for further information required)
:
Names of other parties
Address
Number of shares
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26.
Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act
:
Names
Address
Relationship Code
Percentage (%)
27.
Supplementary information
:
JP Morgan Chase & Co. came to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares increased.
28.
Log/Serial Number of the previous form
:
29.
Number of concert party document(s) under section 317 attached/uploaded
:
Date of filing this Form 2
:
07/09/2026
(dd/mm/yyyy)