Zhitong Finance App News, Zhejiang Energy Power (600023.SH) announced that the company plans to jointly fund the establishment of CNNC Ruian with China Nuclear Power, Zhejiang Hengyi Group Co., Ltd. (“Hengyi Group”), Wenzhou Nuclear Energy Development Co., Ltd. (hereinafter referred to as “Wenzhou Nuclear Energy”), and Ruian Jingou Technology Development Co., Ltd. (hereinafter referred to as “Jingou Technology”) to develop, build and operate the Wenzhou Fenghuangshan Island nuclear energy project to explore the multi-purpose use of nuclear energy.

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