Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

China Power International Development Limited

中 國 電 力 國 際 發 展 有 限 公 司

(incorporated in Hong Kong with limited liability)

(Stock Code: 2380)

Supplemental Announcement

on the Annual Report for the Year ended 31 December 2019

Reference is made to the annual report of China Power International Development Limited (the "Company", together with its subsidiaries, collectively the "Group") for the year ended 31 December 2019 published on 23 April 2020 (the "Annual Report 2019"). Unless otherwise defined, all capitalized terms used herein shall have the respective meanings ascribed to them in the Annual Report 2019.

In addition to the information shown in the Annual Report 2019, the Company would provide further information and breakdown on the "other operating expenses" of RMB2,500,275,000 in the Group's consolidated income statement for the year ended 31 December 2019 as set out on page 95 of the Annual Report 2019 (together with the comparative figures of 2018) as follows:

Year ended 31 December

2019

2018

RMB'000

RMB'000

Administrative and selling expenses

552,980

370,733

Tax levies and surcharges

316,761

266,517

Power and heat generation related costs

595,922

563,542

Others

165,192

61,856

Items that were disclosed in Note 8 "Operating Profit" *

Amortization of prepaid lease payments

-

20,109

Amortization of other intangible assets

50,884

3,086

Auditor's remuneration

8,217

7,851

Research and development expenses

77,729

18,019

Lease rental expenses:

‐ equipment

3,588

5,323

‐ leasehold land and buildings

18,783

77,844

Separation and transfer expenses on water/power/gas supply and property

management

209,882

-

Impairment of inventories

-

10,367

Impairment of an amount due from a joint venture and other receivables

290,406

34,585

Reservoir maintenance and usage fees

135,241

125,917

Cost of purchase of unused power production quota

74,690

7,167

Total

2,500,275

1,572,916

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  • As disclosed in Note 8 "Operating Profit", the operating profit was stated after charging certain items, the details of which were set out on page 137 under the section Notes to the Consolidated Financial Statements in the Annual Report 2019.

The above additional information does not affect any other information contained in the Annual Report 2019 and, save as disclosed in this announcement, the remaining contents of the Annual Report 2019 remain unchanged.

By Order of the Board

China Power International Development Limited

Tian Jun

Chairman

Hong Kong, 18 August 2020

As at the date of this announcement, the directors of the Company are: executive directors Tian Jun and He Xi, non-executive directors Guan Qihong and Wang Xianchun, and independent non-executive directors Kwong Che Keung, Gordon, Li Fang and Yau Ka Chi.

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China Power International Development Ltd. published this content on 18 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2020 10:35:04 UTC