Here is the image representing a modern Huaneng Group energy facility in China, blending traditional and renewable energy sources in a sustainable, eco-friendly setting.(Made by ChatGPT)
October 30, 2024 - Following the resignation of CCP princeling Li Xiaopeng, son of Li Peng, from his role as Party Secretary of the Ministry of Transport, several executives from the China Huaneng Group, where he previously held leadership, have been investigated. Those investigated include Wu Yonggang, former Chairman of Huaneng Energy and Transportation Industry Holdings; Zhao He, former Deputy Chief Engineer of Huaneng Group; and Ma Yugang, a full-time board supervisor for Huaneng Group.
Former Chairman of Huaneng Energy and Transportation Industry Holdings, Wu Yonggang, Under Investigation
On October 28, 2024, the CCP’s Central Commission for Discipline Inspection and National Supervisory Commission website reported that, according to the Huaneng Group’s Discipline Inspection and Supervision Team and the Shandong Provincial Commission for Discipline Inspection, Wu Yonggang, former Party Secretary and Chairman of Huaneng Energy and Transportation Industry Holdings Co., Ltd., is under investigation.
Wu Yonggang was born in September 1965 and has served as General Manager and Party Secretary of Huaneng Nanfang Industrial Development Co., Ltd., Party Group Secretary and Deputy General Manager of Huaneng Energy and Transportation Industry Holdings, and Executive Director, General Manager, and Deputy Party Secretary of Huaneng Energy and Transportation Industry Holdings. He was later appointed as Party Secretary and Chairman of Huaneng Energy and Transportation Industry Holdings.
Founded in 2002, Huaneng Energy and Transportation Industry Holdings Co., Ltd. (Huaneng Group Material Supply Center) is a wholly-owned subsidiary of China Huaneng Group. It has total assets of 23.1 billion yuan, manages seven second-level enterprises, and one listed company, with business areas covering intelligent energy supply chains, industrial park construction and operation, energy infrastructure project investment and management, logistics, and import-export trade.
Former Deputy Chief Engineer of Huaneng Group, Zhao He, Arrested
On October 24, 2024, the Supreme People’s Procuratorate announced that the bribery case involving Zhao He, former Deputy Chief Engineer of China Huaneng Group Co., Ltd., was concluded by the Anshan Municipal Supervisory Committee of Liaoning Province and has been transferred to the prosecution for review. The Anshan People’s Procuratorate recently approved his arrest on bribery charges.
Zhao He, born in 1963, was investigated on March 28, 2024, while still in office as Deputy Chief Engineer of Huaneng. Zhao He has held various roles, including Assistant Plant Director and Deputy Plant Director of Huaneng Dalian Power Plant, General Manager of Huaneng Qinbei Power Co., Ltd., Director of Huaneng Qinbei Power Plant, General Manager of Huaneng Group’s Henan Branch, General Manager of Huaneng Group’s Liaoning Branch, Production Department Manager of Huaneng Power International, and Production Department Manager of China Huaneng Group.
Full-Time Supervisor Ma Yugang Investigated
On June 26, 2024, the Supreme People’s Procuratorate announced that the bribery case of Ma Yugang, a full-time board supervisor appointed by China Huaneng Group Co., Ltd. (Deputy Bureau Level), was concluded by the Anshan Municipal Supervisory Committee and transferred to the prosecution for review.
The Anshan People’s Procuratorate alleges that Ma Yugang used his positions as General Manager of Huaneng Tongliao Wind Power Co., Ltd., Assistant General Manager of Huaneng New Energy Co., Ltd., and full-time board supervisor appointed by China Huaneng Group, to secure benefits for others in areas such as project contracting and expedited payment processes, accepting large sums of money in return. He faces bribery charges.
Ma Yugang was initially investigated on February 7, 2024, while serving as a full-time board supervisor at Huaneng Group.
Former Deputy General Manager of Huaneng Group Jilin Branch, Huang Haiyan, Under Investigation
On March 25, 2024, the Supreme People’s Procuratorate announced on its website that the bribery case involving Huang Haiyan, former Party Committee member and Deputy General Manager of Huaneng Group’s Jilin branch (at the deputy department level), had been concluded by the Anshan Municipal Supervisory Committee in Liaoning Province and transferred to the prosecution for review.
The Anshan People’s Procuratorate alleges that Huang Haiyan leveraged his positions as Deputy General Manager and General Manager of Huaneng Fuxin Wind Power Co., Ltd., Deputy General Manager of Huaneng New Energy Liaoning Branch, and General Manager and Deputy Party Secretary of Huaneng New Energy Co., Ltd.’s Liaoning Branch, to secure business contracts, facilitate payment recoveries, and aid in employee recruitment, accepting large sums of money in return. He is charged with bribery.
On January 11, 2024, Huang Haiyan was formally arrested and transferred for prosecution.
Huaneng Group is a CCP Power Giant
According to its website, China Huaneng Group Co., Ltd. (referred to as China Huaneng) was established in 1985 with approval from the State Council as a key state-owned enterprise focusing primarily on the power industry.
With a registered capital of 34.9 billion yuan, Huaneng Group’s main operations include power source development, investment, construction, operation, and management, production and sales of power (and heat), as well as the development, investment, construction, production, and sales of finance, coal, transportation, new energy, environmental protection, and related industries. The company is also involved in industrial investment and management.
As early as 2016, CCP state media Xinhua News reported that Huaneng Group’s presence spanned four continents and dozens of countries. The “Red Huaneng” fulfills central enterprise responsibilities, serves the national strategy, and actively participates in the “Belt and Road Initiative.”
Currently, Huaneng Group has 57 secondary units, more than 480 tertiary enterprises, and five listed companies (Huaneng Power International, Inner Mongolia Huadian, Xinneng Taishan, Huaneng Hydropower, and Great Wall Securities), employing 124,000 people.
Since 1993, Huaneng Group has mainly been overseen by the Ministry of Electric Power Industry; from 1997 to 2002, it operated as a subsidiary of the State Power Corporation.
Notably, the formation and rise of Huaneng Group occurred during the period when former Premier Li Peng oversaw the power and energy system. Li Peng's eldest son, Li Xiaopeng, held senior management roles for an extended period, including General Manager of Huaneng Group.
Li Peng held long-term positions in the power system, serving successively as Deputy Minister of the Ministry of Electric Power Industry (1979–1981), Minister (1981–1983), Vice Premier of the State Council (1983–1988), Premier of the State Council (1988–1998), and Chairman of the Standing Committee of the Ninth National People's Congress (1998–2003), maintaining control over the CCP’s power and energy system for many years.
Li Xiaopeng, Former Leader of Huaneng, Known as “Asia’s Power King”
Li Xiaopeng was born in June 1959 and graduated in 1982 from North China Electric Power University, specializing in power plant and power systems. He joined the CCP in 1985, holding various roles as an engineer at the Electric Power Research Institute, Deputy Director of the Planning and Operations Department, and Director of the Electric Power Technology and Economics Research Institute.
From 1991 to 1999, Li Xiaopeng held positions as Assistant General Manager, Deputy General Manager, General Manager, Party Group member, Deputy Party Secretary, Party Secretary, Director, Deputy Chairman, and Chairman of Huaneng International Power Development Co., Ltd., as well as Deputy General Manager of the State Power Corporation.
In 1999, Li Xiaopeng became Director, General Manager, and Party Secretary of Huaneng Group, and Chairman and General Manager of Huaneng International Power Development Co., Ltd., as well as Chairman and Party Secretary of Huaneng International.
During his leadership, Huaneng Group expanded aggressively, acquiring power companies in Hainan, Inner Mongolia, Guangdong, as well as in Australia and Singapore, establishing itself as a “leading player” in China’s power industry. Overseas media referred to Li Xiaopeng as “Asia’s Power King.” Huaneng Group also diversified into coal, rail, and port industries, forming an energy conglomerate centered on electricity with a coal-based, integrated power, coal, and logistics operation.
In 2008, Li Xiaopeng was transferred from his long-standing role at Huaneng Group to become Vice Governor of Shanxi Province, later serving as Executive Vice Governor, Acting Governor, and Governor of Shanxi, before becoming Minister of Transport and Deputy Party Secretary in 2016. He lost his bid for the 20th Central Committee at the CCP’s 20th National Congress in October 2022. At the 2023 Two Sessions, he retained his post as Minister of Transport and became Party Secretary in May of the same year.
On September 27, 2024, 65-year-old Li Xiaopeng was removed from his position as Party Secretary of the Ministry of Transport, replaced by Liu Wei, former Deputy Secretary of the Beijing Municipal Committee. Following CCP norms, Li Xiaopeng will step down as Minister of Transport, with Liu Wei succeeding him.
On October 11, 2024, Li Xiaopeng was appointed as Deputy Director of the National Committee of the Chinese People’s Political Consultative Conference’s Economic Committee.
Since amending the constitution in 2018 to remove term limits, Xi Jinping has centralized power, heavily favoring his former associates from Fujian and Zhejiang, while being highly cautious of princelings and second-generation “Red” elites. Many second-generation Reds have been forced into early retirement or sidelined, like Liu Yuan, son of Liu Shaoqi. Another princeling, retired General Liu Yazhou, “disappeared” in 2021 and was later confirmed to have been sentenced to life imprisonment on corruption charges, suspected to be related to anti-Xi activities.
As Li Xiaopeng steps down from his active role in the Ministry of Transport and takes up a nominal position at the CPPCC, Huaneng Group—his former power base—faces a sweeping purge, hinting at intense political power restructuring and dark-interest turf battles at the top levels of the CCP. The future political fate of the Li Peng family remains to be seen.
Edited by Ye Ziming
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