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National Bureau of Statistics: In May, the production growth rates of large-scale industrial raw coal, Crude Oil Product, and Henry Hub Natural Gas accelerated, while electricity production showed steady growth.
On June 16, the National Bureau of Statistics released the energy production situation for May 2025.
CGN New Energy's Power Output Rises 1.7% in May
CGN NEW ENERGY (01811) reported a cumulative power generation in the first five months that decreased by 0.8% year-on-year.
Gold Finance News | CGN NEW ENERGY (01811) announced that according to the company's preliminary Statistics, in May 2025, the company and its subsidiaries completed a total power generation of 1,723.3 GWh on a consolidated basis, an increase of 1.7% compared to 2024. Among them, China's wind power projects increased by 14.3%, China's CECEP Solar Energy projects increased by 1.0%, China's cogeneration and gas projects decreased by 93.1%, China's hydropower projects decreased by 43.8%, and South Korea projects decreased by 10.1%. As of May 31, 2025, the group has accumulated a total power generation of 8,171.0 GWh this year.
CGN NEW ENERGY (01811.HK) completed a power generation of 1,723.3 gigawatt hours in May, a year-on-year increase of 1.7%.
CGN NEW ENERGY (01811.HK) announced that in May this year, a total power generation of 1,723.3 GWh was completed according to consolidated financial statements, an increase of 1.7% year-on-year. Among these, the wind power projects in China increased by 14.3%, the solar projects in China increased by 1%, the combined heat and power and gas projects in China decreased by 93.1%, the hydropower projects in China decreased by 43.8%, and the projects in South Korea decreased by 10.1%. In the first five months of this year, the group's cumulative power generation was 8,171.0 GWh, a decrease of 0.8% year-on-year. Among these, wind power projects in China increased by 5.5%, solar projects in China increased by 8%, and combined heat and power projects in China were...
Nuclear power stocks rise, CGN MINING (01164) up 6.88%. Institutions are bullish on the opportunities brought by the accelerated global nuclear power construction.
Jinwu Financial News | Nuclear power stocks have risen. As of the time of writing, CGN MINING (01164) is up 6.88%, CNNC INT'L (02302) is up 3.32%, CGN NEW ENERGY (01811) is up 0.83%, and CGN POWER (01816) is up 0.75%. On the news front, HTSC's recent Research Reports indicate that beyond the recent policy actions by the United States, several countries including Germany, Belgium, and Japan have made positive statements regarding nuclear power development. The report pointed out that in April, following the tariff exemption taking effect, natural uranium prices have emerged from the low point, rising from 65$/lbs to 71$/lbs; the end of April to May.
Hong Kong stocks are moving丨Nuclear power stocks are rallying, CGN MINING is up over 7%, and CNNC INT'L is up 4%.
On June 12, Gelonghui reported that Hong Kong stock nuclear power shares surged, with CGN MINING rising over 7%, CNNC INT'L up 4%, and CGN NEW ENERGY and CGN POWER also gaining. In terms of news, driven by lobbying from the Trump administration and a sudden shift in German policy, the World Bank is preparing to lift its decades-long ban on financing nuclear power. World Bank President Ajay Banga announced that the bank will re-enter the nuclear energy field, supporting efforts to extend the life of existing reactors and assist with grid upgrades and related infrastructure development. Analysts pointed out that for the nuclear power industry, which has dramatically shrunk since the Fukushima nuclear accident in 2011, the World Bank's decision is significant.
