CGN MAR7 (CGN2703) News

AI computing power supply remains severely insufficient, and the electricity shortfall may persist for several years.

Corporate AI applications are accelerating their deployment, yet computing power supply remains severely insufficient, with electricity shortages potentially persisting for several years.

Zhitong FinanceAug 13 07:49

CGN POWER: DATE OF BOARD MEETING

HKEXAug 10 19:01

Guosen Securities: Electricity prices are showing early signs of a cyclical reversal, potentially triggering a revaluation of power sector equities.

The bank believes that market electricity prices are showing early signs of a cyclical reversal.

Zhitong FinanceAug 10 14:51

National Energy Administration Discloses Nuclear Power Capacity for the First Time: Gen III Reactors Upgraded, Gen IV Achieves Breakthroughs Across Multiple Areas, and Mechanism-Based Electricity Pricing Unveiled

① The National Energy Administration’s official website has, for the first time, publicly released the 'China Nuclear Power Development Report (2026)'; ② The report systematically discloses China’s multiple breakthroughs in nuclear power technology iteration, market mechanisms, and industrial structure; ③ China has completed the standard design for its commercial sodium-cooled fast reactor, and the thorium-based molten salt reactor has achieved the world’s first in-reactor conversion using thorium fuel.

cls.cnAug 7 11:38

CGN Power (01816): Zhu Meixuan replaces Lin Xi as the signing certified public accountant.

CGN Power (01816) announced that KPMG has been appointed as the auditor for the Company's 2026 financial statements. Mr. Lin Qixing was originally designated as the engagement partner, and Mr. Lin Qixing and Mr. Lin Xi were appointed as the signing certified public accountants to provide audit services for the year 2026. Due to a work reassignment of Mr. Lin Xi, KPMG has now arranged for Ms. Zhu Meixuan to replace Mr. Lin Xi as a signing certified public accountant. Following this change, the engagement partner remains Mr. Lin Qixing, and the signing certified public accountants are Mr. Lin Qixing and Ms. Zhu Meixuan.

Zhitong FinanceAug 6 17:26

The State Council’s Executive Meeting has approved four nuclear power projects, and it is reported that Shanghai-based nuclear power companies have already secured orders worth nearly RMB 50 billion.

The State Council’s Executive Meeting recently approved four nuclear power projects—Phase II of the Zhejiang Jin Qimen Nuclear Power Plant, Phase III of the Guangdong Taipingling Nuclear Power Plant, Phase I of the Liaoning Zhuanghe Nuclear Power Plant, and Phase I of the Shandong Laiyang Nuclear Power Plant—comprising a total of eight reactor units. Market estimates indicate that the total investment in these new projects will exceed RMB 170 billion (hereinafter in RMB). According to The Paper, Shanghai-based nuclear power enterprises have leveraged their industrial cluster advantages to secure contracts worth nearly RMB 50 billion in early-stage tenders for the newly approved eight reactor units.

AASTOCKSAug 5 11:41

Hong Kong Stock Market Concept Tracker | New Electric Power System Development Plan Released! Power Sector May Enter a Period of Robust Growth (Including Related Concept Stocks)

On the afternoon of August 3, the National Development and Reform Commission and the National Energy Administration issued the '15th Five-Year Plan for the Development of a New-Type Power System.'

Zhitong FinanceAug 4 07:22

CGN Power (01816): Cheng Wei and Peng Yi have been appointed as independent non-executive directors.

CGN Power (01816) announced that, as of the date of this announcement, Mr. Cheng Wei (Mr. Cheng) and Mr. Peng Yi (Mr. Peng) have been appointed as independent non-executive directors. Their terms of office will commence on the date their appointments are approved by the extraordinary general meeting of shareholders and continue until the expiration of the term of the fourth board of directors.

Zhitong FinanceAug 3 19:30

CGN Power Subsidiary's Unit 2 Qualifies for Commercial Operation

CGN Power (HKG:1816, SHE:003816) unit CGN Huizhou Nuclear Power's Unit 2 completed commissioning works on Monday and is qualified for commercial operation.CGN Huizhou Nuclear Power will obtain the

MT NewswiresAug 3 18:42

It is reported that eight new nuclear power units have been newly approved on the mainland, with total investment expected to exceed RMB 170 billion.

The State Council’s Executive Meeting has approved four nuclear power projects, including the first phase of the Zhuanghe project in Liaoning. According to a report by The Paper citing informed sources, the newly approved projects at the State Council executive meeting include Phase II (Units 3 and 4) of the Jinqimen Nuclear Power Project in Zhejiang, Phase III (Units 5 and 6) of the Taipingling Nuclear Power Project in Guangdong, Phase I (Units 1 and 2) of the Zhuanghe Nuclear Power Project in Liaoning, and Phase I (Units 1 and 2) of the Laiyang Nuclear Power Project in Shandong—a total of eight new reactor units. The estimated total investment for these new projects exceeds RMB 170 billion. It is understood that all three major state-owned nuclear power enterprises—China National Nuclear Corporation (CNNC), China General Nuclear Power Group (CGN, HKEX: 01816), and State Power Investment Corporation (SPIC)—are involved in this round of approvals.

AASTOCKSAug 3 12:17

Hong Kong Market Midday Review | Hang Seng Index Up 0.04% in Morning Session; Alibaba Rises Over 6%

AI applications are becoming active again, as the 'software is eating the world' thesis undergoes gradual revision, supported by iterative improvements in model capabilities and token usage.

Zhitong FinanceAug 3 12:00

China General Nuclear Power Group (1816.HK) has received approval for the construction of Units 5 and 6 at its Huizhou nuclear power plant.

China General Nuclear Power Group (HKEX: 01816) announced that its subsidiary, Huizhou No.3 Nuclear Power Company, has received State Council approval for Units 5 and 6 of the Huizhou nuclear power plant. The company and Huizhou No.3 Nuclear Power are currently carrying out construction preparatory work in an orderly manner and will commence full-scale construction upon receipt of the Nuclear Power Plant Construction Permit issued by the National Nuclear Safety Administration. The approved Units 5 and 6 will employ the Hualong One 2.0 nuclear power technology, with each unit having a capacity of 1,217 MW.

AASTOCKSAug 3 10:50

Fourteen nuclear power-related stocks received intensive institutional investor research visits.

Gelonghui, August 3 | According to market data, the Wind Nuclear Power Index has posted a cumulative decline of nearly 12% year-to-date. Specifically, among the 43 nuclear power-related stocks, only five—including Guangzhi Technology, Yongding Co., Ltd., Orient Zirconic Industry Science & Technology, and China General Nuclear Power Group—have recorded year-to-date gains exceeding 10%. In terms of changes in margin financing balances, as of July 30, eight of these 43 nuclear power-related stocks reported an increase in margin financing balances compared to the end of last year. The top gainers include Yingliu Shares, Huaneng Power International, and Yongxing Materials. Notably, Yingliu Shares saw its latest margin financing balance surge by more than 65% since the end of last year, and the company holds a unique position in the industry for supplying reactor coolant pump casings for the 'Hualong One' nuclear island.

Gelonghui FinanceAug 3 07:58

In the first half of the year, coal-fired power generation accounted for less than 50% of China's total electricity output for the first time.

According to a press briefing held by the National Energy Administration, China’s coal-fired power generation reached 2.5 trillion kilowatt-hours in the first half of this year, accounting for 49.7% of total electricity generation—a decline that marks the first time the share has fallen below 50% in a six-month period, signifying a new milestone in China’s green and low-carbon energy transition. Meanwhile, renewable energy accounted for more than 40% of total generation for the first time. In the first half of this year, national renewable electricity output totaled nearly 2 trillion kilowatt-hours, representing 41.2% of total generation and meeting nearly 40% of the country’s overall electricity demand. Of this, wind and solar power combined generated over 1.2 trillion kilowatt-hours, equivalent to approximately one-quarter of total societal electricity consumption.

AASTOCKSJul 30 10:43

ZHITONG Hong Kong Stock Investment Diary | July 28

Hong Kong Stock Investment Journal | July 28, 2026

Zhitong FinanceJul 28 00:00

Express News | "2026 Energy Industry Ecosystem Report" Released: Wind and Solar Power Capacity Surpasses Thermal Power

According to the China Enterprise Reform and Development Association, the "2026 Energy Industry Ecosystem Report" has been officially released. The report indicates that during the 14th Five-Year Plan period (2021–2025), China’s installed capacity of wind and solar power historically surpassed that of thermal power, and the country now leads globally in nuclear energy and biomass energy sectors. Over the same period, China’s energy industry achieved coordinated and synergistic development between secure energy supply and green, low-carbon transition. In 2025, national investment in key energy projects exceeded RMB 3.5 trillion for the first time, marking a year-on-year increase of nearly 11%. The new energy sector experienced leapfrog growth, with combined wind and solar installed capacity rising from 530 gigawatts in 2020 to 1,840 gigawatts in 2025. China maintains the world’s largest operational nuclear power capacity, and its biomass power generation capacity has ranked first globally for seven consecutive years. (CCTV News)

BreakingsJul 25 16:32

Hong Kong Stock Market Movement | Power sector under pressure, Datang New Energy down over 5%, Harbin Electric down over 4%

Gelonghui, July 24 | Hong Kong-listed power stocks underperformed today. Among them, Datang New Energy fell more than 5%, Harbin Electric dropped over 4%, Datang Power Generation and Xinyi Energy declined by more than 3%, while CGN New Energy, China Power, Longyuan Power, China Resources Power, and CGN Power all fell by more than 1%. On the news front, the broader Hong Kong market was weak overall today, with both the Hang Seng Index and the Hang Seng Tech Index posting declines. Against the backdrop of subdued market sentiment, the power sector was unable to remain insulated and followed the general market downward trend. Multiple institutions noted that electricity tariff reductions this year have been larger than expected, and the outlook for power demand growth has slowed, weighing on the fundamentals of power stocks.

Gelonghui FinanceJul 24 11:56

Bidding opened for 79.7 GW of photovoltaic module centralized procurement by 11 state-owned central enterprises, with TCL Zhonghuan provisionally ranked first in terms of awarded capacity.

Gelonghui, July 22 — Tendering for the centralized procurement of photovoltaic modules for 2026–2027 has been progressively completed. According to official announcements and data from bidding platforms, as of July 15, 2026, eleven state-owned enterprises and central government-administered enterprises—including China National Coal Group, PowerChina, China Huadian Corporation, Beijing Energy Group, China Petroleum & Chemical Corporation (Sinopec), China Huaneng Group, China General Nuclear Power Group (CGN), Datang Group, GD Power Development Company (a subsidiary of State Power Investment Corporation), Guangdong Energy Group, and Zhejiang Communications Investment Group—have finalized their module tenders. These tenders comprised a total of 33 bidding packages, with an aggregate awarded capacity of 79.7 GW. Additionally, Sheneng Group and China Resources Group have combined module projects totaling 6.4 GW that remain under tender.

Gelonghui FinanceJul 22 12:45

CGN Power (003816.SZ): Grid-connected electricity tariff for newly commissioned nuclear power units recently

Gelonghui, July 20 — China General Nuclear Power Group (SZSE: 003816) announced that Huizhou Unit 1 and Cangnan Unit 1, operated by its subsidiaries, commenced commercial operation on April 19, 2026, and April 29, 2026, respectively. Huizhou Unit 2 and Cangnan Unit 2 are currently in the commissioning phase and are scheduled to enter commercial operation in the second half of 2026 and in 2027, respectively. For details, please refer to the Company’s announcements dated April 20, 2026, April 29, 2026, and July 10, 2026. Recently, the Company’s subsidiary, CGN Cangnan Nuclear Power Co., Ltd., received a notice from the Zhejiang Provincial Development and Reform

Gelonghui FinanceJul 20 18:30

Hong Kong Market Close | Tech Index Rises Nearly 3%, Leading Major Indices; KimiK3 Open-Sourcing Sends Shockwaves Through AI Large Models

① Why did power and oil stocks strengthen today? ② What are the key features of KimiK3, the open-weight model released by Moonshot AI?

cls.cnJul 20 16:28