华能山东发10亿超短期融资券，5.3亿还债，4.7亿补运营

Core Viewpoint - Huaneng Shandong Power Generation Co., Ltd. is issuing a super short-term financing bond with a maximum issuance amount of 1 billion RMB to manage its debt and operational funding needs [1][3]. Group 1: Financing Details - The total registered amount for the bond issuance is 1 billion RMB [2]. - The base issuance amount is 0 RMB, with an upper limit of 1 billion RMB [2]. - The bond has a maturity period of 90 days and does not have any guarantees [2]. Group 2: Fund Utilization - The funds raised will be allocated as follows: 530 million RMB for repaying interest-bearing debts and 470 million RMB for supplementing operational funds [3][5]. - The company aims to alleviate operational cash flow pressures and broaden financing channels by considering various financing costs [5]. Group 3: Financial Performance - In 2024, the company reported a total operating revenue of 33.636 billion RMB, a decrease of 1.98% from the previous year, while the net profit attributable to shareholders increased by 206.29% to 613 million RMB [6][5]. - The company’s revenue for the last three years was 37.519 billion RMB, 34.315 billion RMB, and 33.636 billion RMB, with net profits of -3.272 billion RMB, -391 million RMB, and 1.681 billion RMB respectively [5]. Group 4: Company Background - Huaneng Shandong was established on May 30, 2008, with a registered capital of 4.24146 billion RMB, and is a subsidiary of Huaneng International Power Co., Ltd. [7]. - As of June this year, the company is advancing several projects, including the North Sea Wind Power Project and the Yantai Gas Turbine Project, with completion rates of 40% and 70% respectively [7].