CGN Power Co Ltd - Company Profile
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CGN Power Co Ltd (CGN Power) a joint stock company established by China General Nuclear Power Corp, is an electric utility company. The company is primarily engaged in the operation and management of nuclear power stations. It focuses on generating and selling electricity produced by its nuclear power plants under electricity sales contracts. The company constructs, operates and manages nuclear power plants; offers technical and training services; and sells equipment and other goods. Its services cater to a wide range of customers, including industrial and residential sectors, providing reliable electricity supply. It operates in various geographic locations, with a significant presence in China, targeting both domestic and international markets. CGN Power is headquartered in Shenzhen, Guangdong, China.
Headquarters
China
Address
18/F CGN Tower South Building, No.2002, Shennan Boulevard, Shenzhen, Guangdong, 518026
Website
www.cgnp.com.cn
Telephone
86 755 84430888
No of Employees
22,928
Industry
Nuclear Energy
Ticker Symbol & Exchange
1816 (HKG)
Revenue (2024)
$10.5B
-4.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-9.9%
(2024 vs 2023)
Market Cap*
$31.2B
Net Profit Margin (2024)
XYZ
-6.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Electricity | Research and Development of Nuclear Reactors |
| Technical and Training Services | |
| Engineering and Construction Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In December, the company announced the commercial operations of Unit six at CGN's Fujian Ningde Nuclear Power Station, China. |
| 2025 | Others | In December, the company commenced construction of Lufeng Unit 2, a 1,245 MW nuclear power reactor, through its subsidiary, CGN Lufeng Nuclear Power Co., Ltd. |
| 2025 | Corporate Changes/Expansions | In November, the company announced the commencement of Nuclear Island of Unit 3 at CGN's Zhejiang San'ao nuclear power project, China. |
Competitor Comparison
| Key Parameters | CGN Power Co Ltd | Huaneng Power International Inc | Datang International Power Generation Co Ltd | Huadian Power International Corporation Ltd | China Resources Power Holdings Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | Hong Kong |
| City | Shenzhen | Xicheng | Xicheng | Beijing | Hong Kong City |
| State/Province | Guangdong | Beijing | Beijing | Beijing | - |
| No. of Employees | 22,928 | 56,104 | 27,149 | 25,093 | 21,858 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yin Engang | Chief Financial Officer; General Manager - Investor Relations Department; Secretary | Senior Management | 2017 | 58 |
| Yang Changli | Chairman | Non Executive Board | 2020 | 62 |
| Gao Ligang | Director; President | Executive Board | 2021 | 61 |
| Qin Yuxin | Vice President | Senior Management | 2021 | 54 |
| Zhou Jianping | Vice President | Senior Management | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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