CGN Power Begins Full Construction of 1,245MW Lufeng Unit 2 Nuclear Reactor

CGN Power Co ( (HK:1816) ) just unveiled an announcement.

CGN Power has commenced full-scale construction of Lufeng Unit 2, a 1,245MW nuclear power reactor under its subsidiary CGN Lufeng Nuclear Power Co., Ltd., following the first concrete pour for the main plant on 22 December 2025. The start of civil construction for this large-scale unit marks another step in the company’s capacity expansion in nuclear power generation, underscoring its role in supporting China’s growing demand for stable, low‑carbon electricity, while the company advises investors to remain aware of investment risks associated with project development.

The most recent analyst rating on (HK:1816) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.

More about CGN Power Co

CGN Power Co., Ltd. is a China-based nuclear power generation company that develops, constructs, and operates nuclear power plants, supplying electricity to the grid and supporting the country’s low‑carbon energy transition. The company operates through subsidiaries to build and manage nuclear units across various regions, positioning itself as a key player in China’s nuclear power infrastructure and capacity expansion.

YTD Price Performance: 7.05%

Average Trading Volume: 59,442,133

Technical Sentiment Signal: Buy

Current Market Cap: HK$200.1B

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