CGN Power Re-Appoints KPMG Huazhen as Auditor for 2026 Financial Report

An update from CGN Power Co ( (HK:1816) ) is now available.

CGN Power Co., Ltd. has resolved to re-appoint KPMG Huazhen LLP as the auditor for its 2026 financial report, following approval at the nineteenth meeting of the fourth session of its board of directors on March 25, 2026. The re-appointment, which complies with recent regulatory measures for accounting firm selection by state-owned and listed companies, will still require approval at the company’s general meeting, underscoring the firm’s adherence to governance standards and regulatory oversight in its financial reporting.

The decision highlights CGN Power’s intention to maintain continuity and stability in its external auditing arrangements, which may support consistent financial disclosure and investor confidence. By aligning with updated rules issued by the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, and the China Securities Regulatory Commission, the company reinforces its compliance posture within China’s increasingly stringent capital market regulatory framework.

The most recent analyst rating on (HK:1816) stock is a Hold with a HK$3.50 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 Chinese nuclear power generation company listed in Hong Kong and Shenzhen, operating as a state-related enterprise in the energy sector. The company focuses on the development, operation, and management of nuclear power plants and related power assets, serving China’s growing electricity demand and contributing to the country’s low-carbon energy transition.

Average Trading Volume: 68,618,806

Technical Sentiment Signal: Buy

Current Market Cap: HK$226.4B

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