CGN Power (01816) Reports 2025 Total Grid Electricity of Approximately 232.648 Billion kWh, Up 2.36% Year-on-Year

Stock News01-08

CGN Power Co., Ltd. (01816) has announced that, according to the company's statistics, from January to December 2025, the total power generation of the nuclear power units operated and managed by the group was approximately 247.013 billion kWh, representing an increase of 2.00% compared to the same period last year. The total electricity supplied to the grid was approximately 232.648 billion kWh, a year-on-year increase of 2.36%. In the fourth quarter of 2025, the group completed four annual refueling overhauls as planned. As of December 31, 2025, the group had completed 16 annual refueling overhauls (including one cross-year annual refueling overhaul), two ten-year overhauls, and one first overhaul as scheduled. For the first quarter of 2026, in addition to continuing the refueling overhauls already in progress, the group plans to commence four new annual refueling overhauls and three ten-year overhauls. On November 18, 2025, the Zhaoyuan Unit 1 commenced full-scale construction, entering the civil construction phase. On November 19, 2025, the Cangnan Unit 3 began full-scale construction, moving into the civil construction stage. On December 16, 2025, the Ningde Unit 6 started full-scale construction, entering the civil works phase. On December 22, 2025, the Lufeng Unit 2 initiated full-scale construction, progressing to the civil construction stage. As of December 31, 2025, the group managed a total of 20 nuclear power units under construction (including four units entrusted to the company's management by its controlling shareholder), with 4 units in the commissioning stage, 2 in the equipment installation phase, 7 in the civil construction stage, and 7 in the FCD preparation phase.

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