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China Nuclear Power (601985.SH) plans to invest 178.5 million yuan to participate in the establishment of CNNC Ruian
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Zhitong Finance App News, China Nuclear Power (601985.SH) issued an announcement. In order to thoroughly implement the national “double carbon” target, promote the optimization of the industrial layout in southern Zhejiang, fully meet Wenzhou's resource endowments and industrial needs, and ensure the smooth implementation of the Wenzhou Fenghuangshan Island nuclear power project, the company plans to jointly invest with Zhejiang Hengyi Group Co., Ltd. (hereinafter referred to as Hengyi Group), Zhejiang Zhejiang Energy Electric Power Co., Ltd. (hereinafter referred to as Zhejiang Energy Power), Wenzhou Nuclear Energy Development Co., Ltd. (hereinafter referred to as Nuclear Energy Development) and Ruian Economic Technology Development Co., Ltd. (hereinafter referred to as Jingwei Technology) CNNC Ryan was established for RMB 350 million, of which China Nuclear Power invested RMB 178.5 million.

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