CGN POWER (01816.HK) announced that it is acquiring 100% equity of Taishan Nuclear Power Unit 2 from its controlling shareholder CGN for a total consideration of 1.204 billion RMB. Currently, the Taishan Nuclear Power Unit 2 has not yet commenced the construction of the nuclear power project. As the application work for the establishment of the nuclear power project is about to start, CGN will transfer the equity of Taishan Nuclear Power to the company to continuously fulfill its commitment to avoid competition within the same industry.
中廣核電力(01816.HK)逾12億人民幣購母企台山第二核電100%
CGN POWER (01816.HK) purchased 100% of the parent company's Taishan Nuclear Power for over 1.2 billion yuan.
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