Core Points - Huaneng International Power Co., Ltd. has completed the issuance of its third phase of technology innovation perpetual corporate bonds aimed at professional investors on September 10, 2025 [1] - The first bond type (referred to as 25HPI3YK, code: 243724.SH) had an actual issuance scale of 2.5 billion yuan with a final coupon rate of 2.04% and a subscription multiple of 3.33 times [1] - The second bond type (referred to as 25HPI4YK, code: 243725.SH) had an actual issuance scale of 500 million yuan with a final coupon rate of 2.48% and a subscription multiple of 2.46 times [1]