CGN Power Says Controlling Shareholder’s H-Share Increase Plan Has Lapsed

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

CGN Power announced that the implementation period for its controlling shareholder’s plan to increase holdings of the company’s H shares has lapsed. The plan, originally set for a 12‑month window from April 8, 2025, aimed to raise CGN’s H‑share stake via the Shenzhen‑Hong Kong Stock Connect by up to 5% of issued H shares, but the company has now only disclosed that this period has expired and outlined the resulting shareholding level.

Before the increase plan, China General Nuclear Power Corporation directly held about 29.74 billion CGN Power shares, or roughly 58.89% of total share capital, including both A and H shares. The announcement clarifies the final outcome of the attempted shareholding boost, signaling to investors how much incremental support from the controlling shareholder ultimately materialized and providing transparency on current ownership concentration in the company.

The most recent analyst rating on (HK:1816) stock is a Hold with a HK$4.00 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 Chinese nuclear power company incorporated in the People’s Republic of China and listed in Hong Kong and Shenzhen. It operates through A shares and H shares, with China General Nuclear Power Corporation as its controlling shareholder, holding a majority stake across both markets.

Average Trading Volume: 76,133,388

Technical Sentiment Signal: Buy

Current Market Cap: HK$241.5B

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