DATANG INTERNATIONAL POWER GENERATION CO., LTD.

(991)
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Datang International Power Generation : SUPPLEMENTAL ANNOUNCEMENT REGARDING THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2019

08/10/2020 | 06:04am EDT

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.

(a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 00991)

SUPPLEMENTAL ANNOUNCEMENT REGARDING THE ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2019

Reference is made to the annual report of Datang International Power Generation Co., Ltd. (the "Company", together with its subsidiaries, the "Group") for the year ended 31 December 2019 (the "2019 Annual Report") published on 30 March 2020. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those defined in the 2019 Annual Report.

In addition to the information provided in the 2019 Annual Report, the board of directors of the Company (the "Board") would like to provide further information and breakdown in relation to the "Others" within the "Operating costs" of the Group for the year ended 31 December 2019 (together with the comparative figures of 2018) as below:

For the year ended

31 December

2019

2018

(RMB'000)

(RMB'000)

Auditors' remuneration

13,420

13,000

(Reversal)/recognition of impairment of trade receivables,

net

(51,217)

9,529

Impairment of goodwill

104,361

54,232

Impairment of property, plant and equipment

1,539,077

426,368

Allowance for inventories

9,428

4,786

Reversal of allowance for inventories

(10,391)

(313,764)

Amortisation of intangible assets

45,467

42,368

Amortisation of land use right

-

86,635

Written off of property, plant and equipment

1,334,729

472,907

Operating lease rentals in respect of office premises

-

80,779

Procurement cost of aluminum products

2,107,896

3,365,527

Procurement cost of coal products

2,825,735

2,036,472

- 1 -

For the year ended

31 December

2019

2018

(RMB'000)

(RMB'000)

Environmental protection fee

3,157,210

3,084,477

Electricity expense

276,179

397,394

Water fee and water resource fee

599,350

524,962

Research and development expenses

29,646

13,221

Transportation expenses

71,600

92,789

Intermediary fees

64,961

70,979

Insurance

158,301

153,316

Office expenses

101,895

115,506

Travel expenses

89,331

90,376

Outsourcing expenses

223,186

198,647

Public security fire fee

100,725

99,722

Information expenses

83,823

74,844

Entertainment expenses

17,915

22,793

Others

112,445

137,177

Total

13,005,073

11,355,042

The additional information set out above does not affect other information contained in the 2019 Annual Report.

By order of the Board

Jiang Jinming

Company Secretary

Beijing, the PRC, 10 August 2020

As at the date of this announcement, the Directors of the Company are:

Chen Feihu, Qu Bo, Liang Yongpan, Ying Xuejun, Zhu Shaowen, Cao Xin, Zhao Xianguo, Zhang Ping, Jin Shengxiang, Liu Jizhen*, Luo Zhongwei*, Liu Huangsong*, Jiang Fuxiu*, Niu Dongxiao*

  • Independent non-executive Directors

- 2 -

Disclaimer

DTP - Datang International Power Generation Co. Ltd. published this content on 10 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2020 10:03:18 UTC


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Sales 2022 109 B 16 233 M 16 233 M
Net income 2022 - - -
Net Debt 2022 117 B 17 515 M 17 515 M
P/E ratio 2022 6,78x
Yield 2022 13,6%
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EV / Sales 2023 1,47x
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Managers and Directors
Yong Pan Liang Chairman & General Manager
Tong Liang Wang Member-Supervisory Board & Director-Legal Risk
Ji Zhen Liu Independent Non-Executive Director
Dong Xiao Niu Independent Non-Executive Director
Wen Long Zong Independent Non-Executive Director