Huadian Power International Corporation Limited Announces Coal Purchase Framework Agreement with Yankuang Energy
Purchase Framework Agreement will be negotiated by the Company and Yankuang Energy after arm's length negotiation with reference to the price set by major suppliers of coal in the Shandong province and the price trend of coal in the Shandong province. The payment under the Proposed Coal Purchase Framework Agreement will be made separately by the Company to Yankuang Energy,respectively, each time when the Company purchases coal from
Yankuang Energy, respectively. The parties will from time to time determine the quality and the transportation method of coal supplied to the Group with reference to the then prevailing market circumstances, and subject to the parties' discussion and negotiations. The quantity of coal to be supplied to the Group by Yankuang Energy and its subsidiaries shall be determined in accordance with the Company's instructions to Yankuang Energy from time to time.