Group 1 - The core viewpoint of the article highlights the significant rise in nuclear power stocks in Hong Kong, driven by a report from Goldman Sachs indicating that the key bottleneck for AI development is not capital but electricity supply [1] - Goldman Sachs forecasts that global data center electricity demand will grow explosively, with a projected increase of 50% by 2027, and 60% of this demand will require new capacity [1] - By 2030, the total electricity demand from data centers is expected to surge to 160% [1] Group 2 - Tyler Miller, the global head of power utilities at Goldman Sachs, emphasizes the importance of nuclear power, particularly small modular reactors and nuclear fusion technology, which have received substantial investment [1] - Despite the investment, the long construction periods and high costs of nuclear projects necessitate customized capital solutions and potentially government support to mitigate risks [1] - Rebecca Kruger, a partner in Goldman Sachs' natural resources division, notes that the era of stable electricity demand has ended, with data centers emerging as the primary growth engine for the industry, leading to a large-scale infrastructure investment boom [1]

南方财经10月14日电，港股光伏、风电板块震荡走强，金风科技涨超10%，福莱特玻璃涨超7%，新特 能源涨超5%，中广核新能源、龙源电力跟涨。 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [2] Core Viewpoints - The release of the "14th Five-Year" Energy Planning Management Measures emphasizes compliance and economic viability in energy projects, with stricter controls on project inclusion in energy planning [2][7] - The new measures aim to enhance the systematic, authoritative, scientific, and adaptive nature of energy planning, with a focus on mid-term and summary evaluations [7][9] - The market sentiment towards new energy development has been pessimistic due to the negative impact of market transactions on investment returns, but the 2035 development goals announced by President Xi Jinping have provided reassurance [3][10] - The government is addressing irrational competition in the energy sector, particularly in coal and photovoltaic industries, to stabilize prices and promote the exit of inefficient capacities [10][11] Summary by Sections 1. Energy Planning Management Measures - The new management measures replace the previous version and are effective for five years, focusing on high-quality energy development [7] - The measures restrict provincial energy planning from including projects not approved at the national level, ensuring a more rigorous planning process [8][9] 2. Market Dynamics and Recommendations - The report suggests focusing on stocks with third-quarter performance catalysts, highlighting long-term investments in quality hydropower and undervalued wind power companies [12][13] - Short to medium-term recommendations include companies with strong asset quality and management capabilities, as well as regional stocks with lower downside risk [11][12]

10月1日，位于安徽合肥科学岛的一座巨型钢铁建筑物迎来了关键搭建——这座紧凑型聚变能实验装置（BEST）项目的主机核心部件杜瓦底座实现成功研 制和落座，标志着BEST项目主体工程进入部件研制和工程安装加速的新阶段。 2025年5月1日，BEST项目的总装工作正式拉开序幕。据悉，总装工作是BEST项目建造过程中最重要的环节之一，需要将超导磁体系统、磁体馈线系统、 杜瓦、冷屏、包层以及偏滤器等在内的聚变堆部件精确安装至主机基坑内。 我国核聚变赛道传来利好，相关核电核能概念股逆势大涨！ 据央视新闻报道，在BEST项目主机大厅内，六台液压千斤顶配合激光跟踪仪将重达400吨的杜瓦底座毫米级精准落位。而据中科院团队透露，这一安装过 程的重大意义在于，其运用了航天级姿态控制系统，每调整0.1毫米就需要同步校验12个支撑点的手里数据，这不仅创下了超大型部件安装领域的新纪 录，也为后续6700吨主机的稳定运行打下基础。 聚变能源素有"人造太阳"之称。根据21世纪经济报道此前报道，过去五年以来，全球聚变行业呈现爆发式增长，当前总投资金额已经接近百亿美元。 可控核聚变技术路线主要分为磁约束聚变、惯性约束聚变。其中，磁约束聚变被业内 ...

Core Viewpoint - The Hong Kong nuclear power stocks have experienced significant gains, with notable increases in share prices for several companies in the sector [1] Company Performance - China National Nuclear Corporation International (中核国际) saw its stock price rise by over 17% [1] - China General Nuclear Power Group's mining and renewable energy subsidiaries (中广核矿业、中广核新能源) both increased by more than 5% [1] - China General Nuclear Power Corporation (中广核电力) experienced a stock price increase of over 3% [1]

| 代码 | 名称 | | 涨跌幅 √ | 最新价 | 总市值 | 年初至今涨跌 | | --- | --- | --- | --- | --- | --- | --- | | 02302 | 中核国际 | (0) | 17.96% | 6.370 | 31.16亿 | 279.17% | | 01164 | 中广核矿业 | | 5.04% | 3.540 | 269.06亿 | 118.11% | | 01811 | 中广核新能源 | | 4.48% | 3.030 | 129.98亿 | 33.05% | | 01816 | 中广核电力 | | 3.78% | 3.020 | 1525.06亿 | 9.95% | 格隆汇10月3日｜港股核电股集体走强，其中，中核国际涨近18%，中广核矿业涨5%，中广核新能源涨 超4%，中广核电力找那个超3%。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國廣核新能源控股有限公司 (於百慕達註冊成立的有限公司） 呈交日期: 2025年10月2日 I. 法定/註冊股本變動 FF301 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01811 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 250,000,000,000 | HKD | 0.0001 | HKD | | 25,000,000 | | 增加 / 減少 (-) | | 0 | | | HKD | | 0 | | 本月底結存 | | 250,000,000,000 | HKD | 0.0001 | HKD | | 25,000,000 | 本月底法定/註冊 ...

Core Viewpoint - The 2025 China Carbon Market Conference held in Shanghai focuses on enhancing carbon pricing mechanisms to stimulate green and low-carbon development, featuring discussions on China's carbon market construction, global climate change responses, and international cooperation in green innovation [2] Group 1: Main Forum Insights - The "National Carbon Market Development Report 2025" was released, with contributions from representatives of the Ministry of Ecology and Environment and the People's Bank of China, discussing market vitality and green finance innovation [2] - The conference aims to inject new momentum into achieving the "dual carbon" goals through the release of construction achievements and cutting-edge research [2] Group 2: Sub-Forum One Highlights - The first sub-forum emphasized improving the carbon market trading system and enabling market-based carbon pricing mechanisms, with diverse perspectives from government, academia, and business representatives [4][6] - Hubei Province's advantages in carbon market construction include managing accounts for 3,700 key emission enterprises, covering carbon quotas of approximately 8 billion tons, and achieving a cumulative transaction volume of 418 million tons with a transaction value of 10.328 billion yuan [6][7] Group 3: Sub-Forum Two Highlights - The second sub-forum focused on building international cooperation in carbon credits under market mechanisms to achieve the goals of the Paris Agreement, with participation from various stakeholders including government departments and international organizations [8][10] - Shanghai's carbon market has included over 400 enterprises across 28 industries, with a cumulative transaction of 265 million tons and a transaction value of 5.544 billion yuan, showcasing its role as a pilot region for carbon market development [11][12]

Group 1 - Nuclear power stocks have risen significantly, with increases of over 9% and 7% for specific companies [1] - Major companies such as China National Nuclear Corporation and China General Nuclear Power Corporation have seen notable stock price increases, with China National Nuclear Corporation rising by 9.16% to 4.290 and China General Nuclear Mining rising by 7.19% to 3.280 [1] - The rise in uranium prices, approximately 5% this year, is attributed to production cuts by major suppliers and increasing demand from nuclear power construction and AI data centers in China [1] Group 2 - Morgan Stanley reports that the global uranium market is undergoing significant changes, with a tight supply and strong demand leading to an optimistic price outlook [2] - The forecast predicts uranium prices will reach $87 per pound by Q4 2025, supported by supply challenges, stable spot demand, and potential increases in contract volumes [2] - The structural support from the "nuclear renaissance" is strengthening the fundamentals of the uranium market, indicating further price potential [2]

CGN NEW ENERGY HOLDINGS CO., LTD. （於百慕達註冊成立的有限公司） （股份代號：1811） 各位非登記股東 1 ： 於本公司網站及聯交所網站登載公司通訊之通知 謹此通知 閣下，中國廣核新能源控股有限公司（「本公司」）之下述公司通訊 2 （「本次公司通訊」）（英文及中 文版本），現已登載於本公司網站www.cgnne.com（「本公司網站」）及香港聯合交易所有限公司（「聯交所」）網站 www.hkexnews.hk（「聯交所網站」）以供閱覽： 中國廣核新能源控股有限公司 2. 公司通訊指本公司發出或將予發出以供其任何證券的持有人或投資大眾參照或採取行動的任何文件，其中包括但不限於(a)董事會報 告、公司的年度賬目連同核數師報告以及（如適用）其財務摘要報告；(b)中期報告及（如適用）其中期摘要報告；(c)會議通告；(d)上市文 件；(e)通函；及(f)代表委任表格。 為了方便通過電郵進行電子通訊，本公司建議非登記股東向代其持有股份的銀行、經紀、託管商或代理人（統稱「中 介機構」）提供其有效的電郵地址。如本公司沒有收到 閣下的中介機構透過香港中央結算（代理人）有限公司提 供 閣下的有 ...