B · Normal
[China General Nuclear Power: Plans to establish a joint venture to develop, construct and operate Lufeng Units 3 and 4 nuclear power projects] On September 24, China General Nuclear Power (003816.SZ) announced that the company, together with China First Heavy Industry Group, Lufeng Investment Holdings, Mingyang Smart Energy, Jiuli Group, Jiuli Special Materials and CATL (Zhaoqing) New Energy Technology signed an agreement to jointly invest in the establishment of CGN Guangdong (Lufeng) Nuclear Power Co., Ltd. to carry out the development, construction and operation of Lufeng Units 3 and 4 nuclear power projects. The initial registered capital of the joint venture is 100 million yuan, of which the company contributes 70 million yuan and holds 70% of the shares. This investment is in line with the company's overall development strategy and will help promote the Lufeng Unit 3 and Unit 4 nuclear power projects to apply for national approval. In the future, it is expected to further increase the company's scale of nuclear power assembly units under construction and enhance industry competitiveness.
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