China General Nuclear Power announced that the company and China First Heavy Industry Group Co., Ltd. and others have jointly signed an agreement to fund the establishment of CGN Guangdong and Shantou Nuclear Power Co., Ltd. to develop, construct and operate Lufeng Nuclear Power Unit 3 and 4 projects. The joint venture has a registered capital of 100 million yuan, and the company invests 70 million yuan and holds 70% of the shares; the relevant bill was reviewed and passed by the board of directors on September 24, 2026, and there is no need to submit it to the company's shareholders' meeting for consideration.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.