CGN Power Co., Ltd. Announces Major Expansion: Huizhou Unit 1 Qualified for Commercial Operation

CGN Power Co., Ltd. (“the Company”) has made a significant announcement that is likely to be of keen interest to investors and shareholders. The company revealed that Unit 1 of CGN Huizhou Nuclear Power Co., Ltd. (“Huizhou Nuclear”), a subsidiary, has successfully completed all commissioning works as of April 19, 2026, and is now qualified for commercial operation.

Key Highlights

• Commercial Operation Qualification: Huizhou Unit 1 has finished all necessary commissioning procedures and will soon commence commercial operations. The formal start of commercial operation will occur once relevant permits, such as the Electric Power Business Permit, are obtained.
• Increase in Operating Nuclear Power Units: Following the launch of Huizhou Unit 1, the number of nuclear power generating units managed by CGN Power (including associates) will rise to 29 units.
• Significant Increase in Installed Capacity: The installed capacity of nuclear power generating units in operation will jump from 31,838MW to 33,040MW. This substantial increase in capacity reinforces CGN Power’s position as a major player in the nuclear power sector.
• Corporate Structure: Huizhou Nuclear is a wholly-owned subsidiary of CGN Power, ensuring that the benefits from this expansion directly accrue to CGN Power and its shareholders.
• Board Composition: The announcement also lists the current board members, including executive, non-executive, and independent non-executive directors, giving investors transparency regarding company governance.

Potential Impact for Investors

• Growth in Business Scale: The increase in both the number of units and overall capacity signals robust business growth, which may positively affect CGN Power’s revenue, profitability, and market share in the nuclear energy sector. Investors should note that such expansions often lead to improved economies of scale and operational efficiency.
• Regulatory Milestone: The successful completion of commissioning and the imminent acquisition of operating permits reflects CGN Power’s compliance and ability to deliver on large-scale projects. This can be viewed favorably in terms of risk management and operational reliability.
• Potential Share Price Sensitivity: The news of increased capacity and operational units is typically price sensitive, as it may be interpreted by the market as a sign of future revenue growth and improved earnings potential. Shareholders should monitor for market reactions following this announcement.

Additional Details

The announcement was made by Mr. Yin Engang, Chief Financial Officer, Joint Company Secretary, and Board Secretary of CGN Power Co., Ltd. The company reiterates its commitment to meeting all regulatory requirements and will mark the official commencement of commercial operation once all procedural permits are obtained.

The board is comprised of a mix of executive, non-executive, and independent non-executive directors, ensuring diverse oversight and governance for shareholders.

Conclusion

This development marks a major milestone for CGN Power Co., Ltd., and is likely to be a catalyst for share price movement. Investors and stakeholders are encouraged to monitor further updates, especially regarding the award of the Electric Power Business Permit and the formal start of commercial operations for Huizhou Unit 1.

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a qualified financial advisor before making any investment decisions. The article is based on publicly available information as of April 20, 2026, and future developments may alter the conclusions herein.

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