China Nuclear Power ( 601985 ) (601985.SH) announced that the company intends to jointly invest in the establishment of CNNC Datang Zhuanghe with China Datang Group Nuclear Power Co., Ltd. (“Datang Nuclear Power”) and Dalian State-owned Capital Management and Operation Co., Ltd. Nuclear Power Co., Ltd. (“Zhuanghe Nuclear Power”). The registered capital of Zhuanghe Nuclear Power is 500 million yuan, and the company intends to invest 255 million yuan, accounting for 51% of the registered capital of Zhuanghe Nuclear Power. The purpose of this investment is to ensure energy security and further improve the company’s ability to build and operate the “Hualong One” nuclear power unit.
The announcement shows that Datang Nuclear Power is the other shareholder of the company’s important holding subsidiary holding more than 10% of the shares, and holds 24% of the shares of CNNC Liaoning Nuclear Power Co., Ltd.
source: 10jqka
China Nuclear Power seeks Dalian State-owned Assets and new companies to build and run “Hualong One.”
