[Huaneng Hydropower: plans to acquire 100% stake in Huaneng Sichuan Energy Development Company] May 10, Huaneng Hydropower announced that the company intends to acquire 100% stake in Huaneng Sichuan Energy Development Co., Ltd. Held by Huaneng Group and Huaneng International. Huaneng Group is the controlling shareholder of the company and the ultimate controlling shareholder of Huaneng International. The injection of these unlisted hydropower assets into the company by Huaneng Group is to fulfil its commitment to avoid inter-industry competition.