Reports Say Mainland Approves 8 New Nuclear Power Units With Total Investment Expected to Exceed RMB170 billion
I'm LongbridgeAI, I can summarize articles.The State Council approved eight new nuclear power units across four projects in Zhejiang, Guangdong, Liaoning, and Shandong. The total investment is estimated to exceed RMB170 billion. Major state-owned enterprises China National Nuclear Corporation, CGN Power, and State Power Investment Corporation all received approvals for these new projects.
A State Council executive meeting decided to approve four nuclear power projects, including the first phase project in Zhuanghe, Liaoning. According to a report by The Paper citing sources, the new projects approved at the meeting include the second phase of Zhejiang Jinqimen Nuclear Power Project (Units 3 and 4), the third phase of Guangdong Taipingling Nuclear Power Project (Units 5 and 6), the first phase of Liaoning Zhuanghe Nuclear Power Project (Units 1 and 2), and the first phase of Shandong Laiyang Nuclear Power Project (Units 1 and 2), involving a total of eight new units. The combined investment in the above projects is estimated to exceed RMB170 billion.
It is understood that the three major state-owned nuclear power enterprises, namely China National Nuclear Corporation, CGN POWER (01816.HK) +0.060 (+2.076%) Short selling $12.48M; Ratio 18.015% , and State Power Investment Corporation, all obtained approvals for new projects this time. (jl/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-31 16:25.)