According to Zhitong Finance App, CGN Power (01816.HK) issued an announcement. On September 24, 2026, the board of directors reviewed and approved a resolution for the company (as Party A) to enter into an equity cooperative investment agreement with China First Group, Lu Feng Investment Holdings, Mingyang Group, Jiuli Special Materials and Ningde Times Zhaoqing Company (jointly as Party B). According to the equity cooperative investment agreement, Party A and Party B jointly funded the establishment of the joint venture Guangdong-Shantou Nuclear Power to carry out the development, construction and operation of the Lufeng Unit 3 and 4 nuclear power projects. The initial registered capital of Guangdong and Shantou Nuclear Power is 100 million yuan, of which the company will invest 70 million yuan in cash and hold 70% of the shares; Party B will invest a total of 30 million yuan in cash, holding 30% of the shares. After the establishment of Guangdong and Shantou Nuclear Power, it will become a non-wholly-owned subsidiary of the company.

According to Zhitong Finance App, CGN Power (01816.HK) issued an announcement. On September 24, 2026, the board of directors reviewed and approved a resolution for the company (as Party A) to enter into an equity cooperative investment agreement with China First Group, Lu Feng Investment Holdings, Mingyang Group, Jiuli Special Materials and Ningde Times Zhaoqing Company (jointly as Party B). According to the equity cooperative investment agreement, Party A and Party B jointly funded the establishment of the joint venture Guangdong-Shantou Nuclear Power to carry out the development, construction and operation of the Lufeng Unit 3 and 4 nuclear power projects. The initial registered capital of Guangdong and Shantou Nuclear Power is 100 million yuan, of which the company will invest 70 million yuan in cash and hold 70% of the shares; Party B will invest a total of 30 million yuan in cash, holding 30% of the shares. After the establishment of Guangdong and Shantou Nuclear Power, it will become a non-wholly-owned subsidiary of the company.