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CGN Power Co. Approves New Service Agreements

CGN Power Co. Approves New Service Agreements

CGN Power Co (HK:1816) has released an update.

CGN Power Co. has approved new agreements for services with its controlling shareholder, CGN, effective from 2025 to 2027. These agreements include general services, technical support, and maintenance, ensuring high industry standards and efficiency in their nuclear power operations. The transactions, while connected, meet regulatory requirements without necessitating independent shareholder approval.

For further insights into HK:1816 stock, check out TipRanks’ Stock Analysis page.

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