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CGN Power Co ( (HK:1816) ) has shared an update.
CGN Power Co., Ltd. has completed the acquisition of a 100% equity interest in Taishan No. 2 Nuclear Power, which has now become a wholly-owned subsidiary of the company. This acquisition, finalized with the completion of industrial and commercial registration changes, strengthens CGN Power’s operational capacity in the nuclear energy sector, potentially enhancing its market position and operational efficiencies.
More about CGN Power Co
CGN Power Co., Ltd. is a leading nuclear power company in China, focusing on the development, operation, and management of nuclear power plants. It is part of the larger China General Nuclear Power Corporation, which is involved in the generation and supply of electricity through nuclear power, targeting both domestic and international markets.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $23.01B
See more insights into 1816 stock on TipRanks’ Stock Analysis page.
