No Data
No Data
CGN Power Associate to Start Construction of Nuclear Reactor Unit on July 28
CGN Power Co. Begins Ningde Unit 5 Construction
CGN Power (01816): Ningde Unit 5 is about to start construction.
CGN Power (01816) announced that Ningde No. 5 unit of its joint venture company, Fujian Ningde Nuclear Power Co. Ltd., has...
CGN Power Co., Ltd. (003816.SZ): Ningde Unit 5 is about to start construction.
CGN Power Co., Ltd. (003816.SZ) announced on July 26th that its joint venture Fujian Ningde Nuclear Power Co., Ltd. plans to pour the first can of concrete (FCD) for the Ningde No. 5 unit on July 28, 2024. The Ningde No. 5 unit will start full-scale construction on that day and enter the civil construction phase. The Ningde No. 5 unit uses the Hualong One nuclear power technology, and the single unit capacity is 1,210MW.
[Brokerage Focus] Anxin International maintains a "buy" rating for CGN Power (01816) and expects its performance to be released in the second half of the year.
Jingu Information | Anxin International issued a research report stating that CGN Power (01816) released its operating performance for the first half of the year, with a total power generation of 113.4 billion kilowatt-hours, a year-on-year increase of 0.08%. The number of major repairs and the time it takes have increased compared to the same period last year, and power generation has remained basically stable, which is in line with expectations. At the same time, in the background of new unit grid-connected and flexible release of Taishan units, performance is expected to be released in the second half of the year. The bank predicts that the company's revenue in 2024-2026 will be 88.3 billion yuan/92 billion yuan/97.8 billion yuan, with growth rates of 7.0%/4.2%/6.3%; net income attributable to the parent company is 1.
China's Electricity Consumption Spikes 5.8% in June
No Data