Huadian Power International Corporation Limited provided earnings guidance for the six months ended June 30, 2022. For the period, the company expected the net profit attributable to the shareholders of the Company would amount to RMB 1.49 billion to RMB 1.82 billion, a decrease of RMB 1.497 billion to RMB 1.827 billion or 45% to 55% as compared with the same period of the previous year; a decrease of RMB 1.552 billion to RMB 1.882 billion or 46% to 56% as compared with the same period of the previous year (after restatement). The decrease in the Company's operating results in the first half of 2022 compared with the same period of the previous year was mainly due to the combined effects of the sharp increase in coal and gas prices as compared with the same period last year, the increase in income from equity participation and the large one-off amount of gain on disposal of assets in the same period of the previous year.

Since this year, facing the severe operating conditions, such as coal prices remained at historically high levels and the growth rate of power demand slowed down, the Company has fully implemented the national energy supply assurance requirements and taxes and fees reduction policies, paid close attention to improving quality and efficiency, strived to tap into potentials and increase efficiency, gradually implemented the policy of coal and electricity price increase, and increased the income from equity participation, which effectively reduced the impact of the significant increase in coal and gas prices. In the first half of the year, the overall profitability was achieved, and the net profit after deducting non-recurring gain or loss achieved a year-on-year increase.