CGN Power Co., Ltd. history, profile and corporate video
CGN Power Co., Ltd. is a Chinese energy company headquartered in Shenzhen, Guangdong, China. It operates and manages nuclear power stations, sells electricity generated by these stations, and manages and oversees the construction of nuclear power stations.
The company was incorporated on March 25, 2014, when the State-Owned Assets Supervision and Administration Commission of the State Council issued “Reply on Approval Concerning the Establishment of CGN Power Co., Ltd.” referenced Guo-zi-gai-ge No. 123, 2014 endorsing CGN’s application to set up CGN Power jointly invested by CGN, Hengjian Investment Co., Ltd. and CNNC.
On December 10, 2014, it was listed on the Main Board of the Hong Kong Stock Exchange. At that time, it was the only listed company that solely operates nuclear power generation.
The company’s controlling shareholder is China General Nuclear Power Corporation (CGN) – a large corporation under supervision of State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council of China. China General Nuclear Power Corporation (CGN) operates in industries like nuclear energy, wind and solar energy, as well as more traditional industries like hydroelectricity.
With 18 000 employees and more than than 10 affiliated and associated companies, CGN Power Co., Ltd. is considered one of the top 2000 largest public companies in the world, according to Forbes.
*Information from Forbes.com, Wikipedia.org, and en.cgnp.com.cn/encgnp.
**Video published on YouTube by “NuclearIndustryUK“.