CGN POWER(SZ:003816) Xin Hua Cai Jing·2025-10-23 06:06Core Viewpoint - The global nuclear power generation is experiencing strong growth, presenting new development opportunities for the nuclear energy sector, which is expected to play a significant role in addressing climate change [1][4]. Group 1: Global Nuclear Power Trends - In 2024, global nuclear power generation is expected to reach a nearly ten-year high, with continued strong growth anticipated [1]. - Multiple international authoritative organizations have raised their nuclear energy development forecasts for four consecutive years, predicting that by 2050, global nuclear power installed capacity will exceed 900 million kilowatts, achieving a doubling of current levels [1]. Group 2: China's Nuclear Power Industry - China has established a world-class nuclear power industry chain, starting from the operation of the Daya Bay Nuclear Power Plant in 1994, with over 30 years of technological accumulation and industrial collaboration [4]. - As of now, China operates 59 nuclear power units with an installed capacity of 62.48 million kilowatts and has 53 units under construction with a capacity of 62.93 million kilowatts, leading the world with a total installed capacity exceeding 125 million kilowatts [4][5]. Group 3: Safety and Operational Performance - China's operational nuclear power units have safely and stably operated for over 600 reactor years, achieving the top score in the WANO (World Association of Nuclear Operators) comprehensive index for nine consecutive years [5]. - In the 2024 WANO report, 43.18% of the globally top-scoring units were from China, highlighting the country's strong safety performance [5]. Group 4: Industry Development and Future Outlook - The implementation of the "Hualong One" technology has marked a significant milestone in China's nuclear power development, with over 5,400 upstream and downstream enterprises innovating together [4][6]. - The upcoming implementation of the "Atomic Energy Law of the People's Republic of China" in early 2026 is expected to further promote the healthy and sustainable development of China's nuclear energy sector [5]. - The "Hualong One" units currently under construction and operation total 41, leading globally, with continuous optimization in construction indicators reflecting a positive development trend [6].