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CGN Power Co. Initiates Construction of Zhaoyuan Unit 1

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CGN Power Co. Initiates Construction of Zhaoyuan Unit 1

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

CGN Power Co., Ltd. has announced the commencement of full-scale construction of Zhaoyuan Unit 1, a nuclear reactor with a capacity of 1,214MW, set to begin on November 18, 2025. This development marks a significant step in the company’s expansion and utilization of HPR1000 nuclear power technology, potentially enhancing its market position and operational capabilities.

The most recent analyst rating on (HK:1816) stock is a Sell with a HK$3.20 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 joint stock company incorporated in the People’s Republic of China, operating within the nuclear power industry. The company focuses on the development and management of nuclear power plants, providing electricity through its advanced nuclear technology.

YTD Price Performance: 10.71%

Average Trading Volume: 67,302,269

Technical Sentiment Signal: Buy

Current Market Cap: HK$206.1B

See more insights into 1816 stock on TipRanks’ Stock Analysis page.

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