CGN learned that the “CGN Joint Insurance Agreement for Nuclear Power Plant Operation Period Insurance Project” was signed in Shenzhen today to achieve RMB pricing and settlement of the main insurance types of nuclear power plant operation period insurance. The agreement covers nuclear operation insurance for a total of 33 nuclear power units in operation at CGN's eight nuclear power plants, with a guarantee amount exceeding 210 billion yuan. This move breaks the practice of China's nuclear insurance market relying on foreign currency transactions for more than 30 years, and marks a key step in China's nuclear insurance sector's deep participation in the construction of an international pricing and settlement rules system.

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