“CGN Mining Co., Ltd.” (hereinafter referred to as “the Company”), registered in the Cayman Islands, England, is a Hong Kong Main Board listed company with stock code HK1164. Currently, the company's main business is the development and trade of natural uranium resources used by nuclear energy companies. In 2011/8, China General Nuclear Power Group Co., Ltd. (hereinafter referred to as “CGN”) acquired 50.11% of the shares of the original Vio Group Holdings Co., Ltd., through its wholly-owned subsidiary, China Uranium Industry Development Co., Ltd., which is indirectly owned by it, and became the controlling shareholder of the Company. CGN is a wholly owned state-owned company established on September 29, 1994, in accordance with Chinese law. Authorized by the State Council in accordance with China's Company Law and other administrative regulations, the State-owned Assets Administration Commission has investor rights and responsibilities in CGN. The company is positioned as the only platform for CGN's overseas uranium resource development and trade. The company currently holds 49% of the interests and product underwriting rights of Kazakhstan's Semizbai Uranium Company and 19.90% of the shares of Canadian uranium exploration company Fission Uranium Corp. In the future, the company will explore potential investment projects, continue to grow, and strive to become a leader in the industry.
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