State Council Executive Meeting Approves Four Nuclear Power Projects, Related Sectors and Stocks

English summary

### State Council Executive Meeting Approves Four Nuclear Power Projects, Related Sectors and Stocks Time: 2026-08-01 16:32:02 Content: Projects approved by the State Council executive meeting this time: Liaoning Zhuanghe Phase I, Zhejiang Jinqimen Phase II, Guangdong Taipingling Phase III, Shandong Laiyang Phase I, totaling 8 third-generation nuclear power units, with total investment exceeding 170 billion yuan, mainly using the Hualong One technical route. 1. Nuclear power operators (project investors, long-term beneficiaries of installed capacity growth) China National Nuclear Power: Controlling shareholder of Zhuanghe Nuclear Power, listed nuclear power operation platform of CNNC. Holds a large number of under-construction and approved coastal nuclear power projects, the main operator of Hualong One; new project approvals continue to expand future equity installed capacity, long-term increase in power generation revenue, stable cash flow. Datang Power: Important shareholder participating in Liaoning Zhuanghe Nuclear Power Phase I, directly benefiting from the landing of the first Hualong One project in Northeast China, sharing long-term project returns relying on scarce coastal nuclear power plant site resources. CGN Power: Core operator of nuclear power in South China, the main body of Taipingling Phase III project; high utilization efficiency of in-service units, continues to receive new units, and the Greater Bay Area nuclear power base continues to expand. ...