CGN MINING(HK:01164) 智通财经网·2025-12-03 01:54Core Insights - China General Nuclear Power Corporation (CGN) Mining (01164) has seen a stock increase of over 6%, currently trading at HKD 3.28 with a transaction volume of HKD 162 million [1] Industry Developments - The nuclear power industry chain in China is experiencing significant breakthroughs, with the commencement of the Shandong Zhaoyuan and Zhejiang San'ao nuclear power projects, marking the full launch of new projects [1] - China has approved more than 10 nuclear units annually for four consecutive years, indicating sustained high investment and a new development phase across the entire industry chain, including equipment, construction, resources, and technological innovation [1] Supply Chain Dynamics - Huajin Securities reports that Cameco's 6-K filing indicates a revised uranium concentrate production forecast for the McArthur River/Key Lake project, now expected to be between 14 million to 15 million pounds, down from the previous estimate of 18 million pounds [1] - The world's largest uranium producer, Kazatomprom, plans to reduce its production by approximately 10% by 2026, indicating a tightening supply outlook that may support uranium prices [1]