Huadian Power International Corporation Limited (HKG:1071) announced that it has received from its controlling shareholder, China Huadian Corporation (China Huadian), "An Undertaking on Relevant Matters for Further Avoidance of Business Competition by China Huadian Corporation with Huadian Power International Corporation Limited".

Whilst China Huadian will continue to perform its undertakings previously given, for further avoidance of business competition with Huadian Power, China Huadian further undertakes three points:

China Huandian shall treat Huadian Power as the ultimate integration platform for its conventional energy based electricity generation assets and as its core enterprise for developing conventional energy based electricity generation business.

With respect to its non-listed conventional energy based electricity generation assets, China Huandian undertakes to inject such assets into Huadian Power in approximately 5 years upon such assets meeting the conditions for listing and to grant Huadian Power the pre-emptive right to develop and acquire conventional energy based electricity generation projects in order to support the sustainable and stable development of Huadian Power.

China Huadian will continue to perform each of its undertakings to support the development of its subordinated listed companies.