CGN POWER(SZ:003816) Zheng Quan Shi Bao·2025-07-03 01:56Core Insights - China's nuclear power construction has entered a new phase of large-scale development, with the recent approval of five new nuclear projects totaling ten new units, maintaining a consistent pace of approving ten or more units annually for four consecutive years [1] - The scale of nuclear power under construction in China exceeds the total of all other countries combined, highlighting China's leadership in the nuclear energy sector [1][2] - The Ningde Nuclear Power Station in Fujian Province serves as a model for the harmonious coexistence of nuclear energy and nature, featuring a unique white tea garden on-site [2] Industry Developments - The Ningde Nuclear Power Station has achieved over 300 billion kilowatt-hours of electricity generation since its first phase began operations, emphasizing its significant contribution to clean energy [1][2] - The station's four units have met 41 WANO (World Association of Nuclear Operators) safety indicators, showcasing their advanced safety standards [2] - The second phase of the Ningde project, set to begin construction in 2024, will include two additional units expected to generate nearly 10 billion kilowatt-hours annually, sufficient to meet the annual electricity needs of one million people [2][3] Economic Impact - The construction and operation of the Ningde Nuclear Power Station have significantly boosted the local economy, with the village of Baiyang reporting collective income exceeding 10 million yuan in 2022, becoming a model for economic development in the region [4][5] - The establishment of dedicated access roads has facilitated the transportation of local agricultural products, enhancing the economic benefits for surrounding communities [4] - The nuclear power station has also stimulated tourism in nearby areas, with local businesses benefiting from increased visitor interest in the nuclear facility [5]