BABA(US:BABA) Xin Lang Cai Jing·2026-01-21 07:21Core Viewpoint - Alibaba has officially entered the nuclear power sector by investing in China Nuclear (Xiangshan) Nuclear Energy Co., marking a significant strategic move into traditional energy markets [1][3] Group 1: Company Investment Details - China Nuclear (Xiangshan) Nuclear Energy Co. was recently established with a registered capital of 250 million RMB, focusing on power generation, transmission, and supply [1] - The company is co-owned by China Nuclear Power's subsidiary, Hongrun Construction, Youngor Group, and Alibaba's Shanghai Yiqi Network Technology Co., indicating a collaborative investment approach [1] - The investment aligns with Alibaba's previous engagements in nuclear energy, including funding for controlled nuclear fusion technology companies [2] Group 2: Strategic Intentions - The investment serves dual purposes: providing stable financial returns and positioning Alibaba for future market opportunities as private sector participation in nuclear power may increase [3] - By entering the nuclear energy sector, Alibaba aims to create a synergistic supply chain, leveraging nuclear energy to support its data centers and reduce operational costs [3] - The move is also seen as a way to attract more private capital from the Yangtze River Delta region to support nuclear technology development and project implementation [3] Group 3: Industry Context - The investment reflects a broader trend of private enterprises entering the nuclear sector, with recent projects allowing increased private equity participation [2] - Experts suggest that Alibaba's strategy is not driven by immediate energy shortages but rather aligns with national energy innovation goals, supporting advancements in nuclear technology [4]