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SHE:003816

12 stories mentioning SHE:003816Updated just now

Every FINWIRES story that references SHE:003816, newest first.

Asia

CGN Power Secures Approval for Construction of Two Reactors

CGN Power (SHE:003816, HKG:1816) said China's State Council approved the construction of the company's Huizhou Units 5 and 6 reactors.Construction preparations are underway, with full-scale building set to begin once the National Nuclear Safety Administration issues the required construction permits, according to a weekend filing with the Shenzhen bourse.Shares of the nuclear power producer rose 3% in recent trade on the Hong Kong bourse and 1% in Shenzhen.

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Asia

CGN Power Sets Feed-in Tariff for New Nuclear Units

CGN Power (SHE:003816, HKG:1816) set the feed-in tariff for its newly operational Cangnan Units One and Two at 0.4153 yuan per kilowatt-hour during their non-market-trading period.The company also signed a purchase agreement with Guangdong Power Grid for Huizhou Units One and Two under the same tariff terms, according to a Tuesday filing with the Shenzhen bourse.Both Cangnan Unit One and Huizhou Unit One started commercial operation in April 2026, while their respective Unit Twos are slated for commissioning in the second half 2026 and 2027.Shares of the nuclear power producer rose 1% on the Shenzhen and Hong Kong bourses.

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Asia

CGN Power Secures On-Grid Tariffs for Huizhou, Cangnan Nuclear Units

CGN Power (HKG:1816, SHE:003816) subsidiaries secured on-grid tariff agreements for its two new nuclear power plants in China.CGN Cangnan Nuclear received the tariff approval document for a 0.4153 yuan per kilowatt-hour on-grid tariff rate for Cangnan Units 1 and 2, according to a Monday filing in Hong Kong. The same rate was agreed for Huizhou Units 1 and 2, as CGN Huizhou Nuclear Power also signed an electricity purchase agreement with Guangdong Power Grid.Both tax-inclusive rates were set without participation in market-based transactions.

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Asia

CGN Power Logs 2% Decline in H1 Power Output

CGN Power (SHE:003816, HKG:1816) reported total power generation of 117.8 billion kilowatt-hours in the first half, down 2.1% year-on-year from 120.3 billion kWh the previous year.On-grid volume fell 3.3% year over year to 109.6 billion kWh from 113.4 billion kWh, according to a weekend filing with the Shenzhen bourse.

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Asia

CGN Power to Pay First-Year Interest on Convertible Bonds

CGN Power (SHE:003816, HKG:1816) will distribute its first-year interest payment for its A-share convertible bonds on Thursday, July 9, according to a Saturday filing with the Shenzhen bourse.The coupon rate for the first year of the bonds is fixed at 0.2%, with the record date set for July 8 and the payment and ex-interest date set for July 9.The bonds, issued in July 2025, have a five-year term maturing in 2031.Shares of the nuclear power producer rose marginally in Hong Kong trade recently.

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Asia

CGN Power Completes Payments for Stake Acquisitions

CGN Power (SHE:003816, HKG:1816) completed payments for its acquisition of 46% of CGN Cangnan Nuclear Power and a 51% equity interest in CGN Cangnan Second Nuclear Power from China General Nuclear Power Corp., according to a Wednesday filing with the Shanghai bourse.The total cash consideration for the transactions is 8.35 billion yuan, according to an earlier filing with the Hong Kong Exchange.

HKG:1816SHE:003816
Asia

CGN Power Completes Taishan Unit Two Overhaul

CGN Power (SHE:003816, HKG:1816) said the Taishan Unit Two completed its annual refueling overhaul and resumed grid connection on Tuesday.The overhaul, which began in late 2025 at the Taishan Nuclear Power Station, included additional inspections and tests to support long-term operational stability, according to a Wednesday filing with the Shenzhen bourse.Shares of the power supplier were down 2% in recent trade on the Shenzhen bourse.

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Asia

CGN Power Begins Construction of Huizhou Unit 4

CGN Power (SHE:003816, HKG:1816) started the full construction of its Huizhou Unit 4, with the first concrete pour for the nuclear reactor main building completed on May 10.The unit, with an installed capacity of 1,209 megawatts, is now in the civil construction phase, according to a Tuesday filing with the Shenzhen bourse.Shares of the power supplier rose 1% in recent trade on the Shenzhen and Hong Kong bourses.

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Asia

CGN Power's Cangnan Nuclear Plant Set for Commercial Operation

CGN Power (HKG:1816, SHE:003816) said the Cangnan Unit 1 nuclear plant had completed all commissioning works and was qualified for commercial operation, according to a Hong Kong bourse filing on Wednesday.The plant's operator, CGN Cangnan Nuclear Power, will also obtain relevant permits to begin operations.After Cangnan Unit 1 is put into commercial operation, the company will have 30 nuclear power generating units in operation that it manages, with their installed capacity increasing to 34,248 megawatts from 33,040 megawatts.

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Asia

CGN Power's Q1 Profit Drops 9% on Lower Revenue

CGN Power (HKG:1816, SHE:003816) posted a 9% drop in attributable profit in the first quarter to 2.74 billion yuan from 3.02 billion yuan, according to filings with the Hong Kong and Shanghai bourses late Tuesday.Earnings per share edged down to 0.052 yuan from 0.060 yuan.Revenue plunged 13% to 16.3 billion yuan from 18.8 billion yuan, the nuclear power operator said.

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Asia

CGN Power Sells 2 Billion Yuan Bonds

CGN Power (HKG:1816, SHE:003816) completed the issue of 1 billion yuan each of two series of bonds in China's interbank debenture market, according to a Wednesday Hong Kong bourse filing.Both tranches of bonds carry an interest rate of 1.63% and will fall due April 22, 2029.The power supplier bookmarked proceeds to repay the borrowings of its units.

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Asia

CGN Power Subsidiary's Unit 1 Qualifies for Commercial Operation

CGN Power (HKG:1816, SHE:003816) said Unit 1 of subsidiary CGN Huizhou Nuclear Power completed commissioning works April 19 and is qualified for commercial operation, according to a Monday Hong Kong bourse filing.The unit will obtain the relevant certificates, such as the Electric Power Business Permit.After Huizhou Unit 1 is put into commercial operation, the power company will have 29 nuclear power generating units in operation that it manages, with their installed capacity increasing to 33,040 megawatts from 31,838 megawatts.

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