According to the National Enterprise Credit Information Publicity System, on November 3, Huaneng Shidaowan Second Nuclear Energy Co., Ltd. was established in Rongcheng, Weihai, with a registered capital of 100 million yuan. The legal representative is Zhang Yanxu. The business scope covers power generation business, transmission business, power supply business; construction engineering, etc. According to the shareholding structure of the Tianyancha App, the company has a total of 7 shareholders, with state-owned capital holding 75% of the shares. Four Shandong private enterprises, Fuhai Group New Energy Holdings Co., Ltd., Shandong Refining & Chemical Energy Group Co., Ltd., and Xunshan Group Co., Ltd., hold a total of 25% of the shares. Huaneng Nuclear Power Development Co., Ltd., a wholly-owned subsidiary of China Huaneng Group, is the controlling shareholder and holds 51% of the shares. Before the establishment of the new company, Huaneng already had two main project owners in Shidao Bay, responsible for the high-temperature air-cooled reactor demonstration project and the pressurized water reactor expansion project, respectively.

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