“CGN Mining Co., Ltd.” (hereinafter referred to as “the Company”), registered in the Cayman Islands, United Kingdom, is a company listed on the Hong Kong Main Board. The stock code is HK1164. The company's main business at present is the development and trade of natural uranium resources used by nuclear energy companies. In August 2011, China General Nuclear Power Group Co., Ltd. (hereinafter referred to as “CGN”) acquired 50.11% of the shares of the former Vio Group Holdings Co., Ltd. through its indirect wholly-owned subsidiary China Uranium Industry Development Co., Ltd., and became the controlling shareholder of the Company. CGN is a wholly state-owned company established on September 29, 1994 in accordance with Chinese law. Authorized by the State Council in accordance with the China Company Law and other administrative regulations, the State Assets Administration Commission has investor rights and responsibilities in CGN. The company is positioned as CGN's sole platform for the development and trade of overseas uranium resources. The Company currently holds 49% of Kazakh Semizbay Uranium Company's interest and product underwriting rights and 19.90% of Canadian uranium exploration company Fission Uranium Corp. In the future, the company will explore promising investment projects, continue to grow, and strive to become a leader in the industry.
No Data