Sou Hu Cai Jing·2026-01-21 14:18Core Viewpoint - China General Nuclear Power Corporation (CGN) is engaging in foreign exchange derivative trading to hedge against currency risks associated with its revenue and expenses, with specific transactions approved by its board of directors [1]. Group 1: Company Financials - As of January 21, 2026, CGN's stock closed at 3.88 yuan, down 1.52% from the previous trading day, with a total market capitalization of 195.935 billion yuan [1]. - The stock opened at 3.93 yuan, reached a high of 3.95 yuan, and a low of 3.88 yuan, with a trading volume of 5.73 billion yuan and a turnover rate of 0.37% [1]. Group 2: Foreign Exchange Derivative Transactions - Guangdong Nuclear Power Joint Venture Co., Ltd. plans to conduct foreign exchange derivative trading to hedge against currency risks, with a maximum transaction amount of 1.2 billion yuan for USD to RMB forward exchange [1]. - Taishan Nuclear Power Joint Venture Co., Ltd. intends to engage in RMB to Euro forward exchange trading due to a foreign currency debt of 100 million euros, with a maximum transaction amount of 100 million euros [1]. - The contract settlement date for these transactions is no later than November 2, 2026, and the counterparties include banking financial institutions and CGN Finance Co., Ltd. [1]. Group 3: Corporate Governance - The transactions have been approved by the 18th meeting of the 4th Board of Directors, with independent directors and sponsors expressing their agreement, thus not requiring shareholder meeting approval [1].