Core Viewpoint - China General Nuclear Power Corporation (CGN) New Energy reported a significant increase in power generation for the year ending November 2025, with a total of 1,746.4 GWh, representing a year-on-year increase of 28.3% [1] Group 1: Power Generation Performance - For the year ending November 2025, the company achieved a power generation of 1,746.4 GWh, up 28.3% year-on-year [1] - The increase in power generation was driven by a 14.1% rise in China's wind power projects and a 66.5% increase in China's solar power projects [1] - In contrast, hydro power projects in China saw a decrease of 7.1%, while projects in South Korea increased by 52.1% [1] Group 2: Cumulative Power Generation - As of November 30, 2025, the cumulative power generation for the eleven months was 17,499.8 GWh, reflecting a year-on-year decrease of 1% [1] - The cumulative figures showed a 1.4% decrease in China's wind power projects, while solar power projects increased by 30.4% [1] - Additionally, gas power projects in China rose by 9.4%, while hydro power projects decreased by 10.5%, and projects in South Korea fell by 7.5% [1]
中广核新能源(01811.HK)11月完成发电量同比增加28.3%