China National Nuclear Power Co., Ltd.
Address: No. 1, South Fourth Lane, Yuetan South Street, Sanlihe, Xicheng District, Beijing
Company website: http://www.cnnp.com.cn/
Company Overview
China National Nuclear Power Co., Ltd. (hereinafter referred to as China National Nuclear Power; stock code: 601985), headquartered in Beijing, was jointly established by China National Nuclear Corporation as the controlling shareholder, China Three Gorges Corporation, China Ocean Shipping Group Co., Ltd. and Aerospace Investment Holding Co., Ltd. It invests and controls seven major nuclear power bases in operation and under construction, including Qinshan Nuclear Power, Jiangsu Nuclear Power, Fuqing Nuclear Power, Hainan Nuclear Power, Sanmen Nuclear Power, Zhangzhou Energy, and Liaoning Nuclear Power. It controls China National Nuclear Energy to develop renewable energy such as wind power and photovoltaics, and is entrusted with the management and construction of Xiapu Nuclear Power Base. As of March 27, 2023, the company has 28 holding subsidiaries, 1 joint venture company, and 12 shareholding companies, with total assets exceeding 400 billion yuan, a market value of more than 120 billion yuan, and a total number of employees exceeding 18,000. The number of nuclear power units in operation controlled by the company reached 25, with a controlled installed capacity of 23.75 million kilowatts; 9 nuclear power units under construction controlled by the company, with an installed capacity of 10.129 million kilowatts; the cumulative power generation exceeded 1.35 trillion kilowatt-hours, and the cumulative safe operation exceeded 240 reactor-years. The installed capacity of new energy units in operation controlled by the company was 12.5307 million kilowatts; the installed capacity of new energy units under construction was 5.726 million kilowatts. In the first half of 2022, the company achieved operating income of 34.572 billion yuan, an increase of 14.98% over the same period in 2021, and net profit attributable to shareholders of listed companies was 5.437 billion yuan, an increase of 17.36% over the same period in 2021. The total commercial power generation in 2022 was 199.287 billion kilowatt-hours, a year-on-year increase of 9.12%, of which nuclear power generation was 185.239 billion kilowatt-hours, a year-on-year increase of 7%, and the cumulative power generation of new energy was 14.048 billion kilowatt-hours, a year-on-year increase of 47.66%. China National Nuclear Power Co., Ltd.'s business scope license projects: power generation business, power transmission business, power supply (distribution) business; power supply business. General projects: general equipment repair; intelligent power transmission and distribution and control equipment sales; power transmission and distribution and control equipment manufacturing; technical services, technical development, technical consultation, technical exchanges, technology transfer, technology promotion; power transmission and distribution project investment, investment management. The company has won the honorary titles of state-owned enterprise corporate governance demonstration enterprise, advanced collective of central enterprises, benchmark enterprise for the creation of management benchmarks for key state-owned enterprises, and national power industry corporate culture construction demonstration unit.