Youngor(SH:600177) Di Yi Cai Jing·2026-01-22 05:13Core Viewpoint - The domestic nuclear power sector is experiencing steady growth, with favorable policies encouraging private enterprises like Youngor Group to enter the industry [1][4]. Company Summary - Youngor Group has officially registered as a shareholder in China Nuclear (Xiangshan) Nuclear Energy Co., Ltd., with a capital contribution of 214.25 million yuan, making it the third-largest shareholder [1][3]. - The other major shareholders include state-owned enterprises and private companies, indicating a shift towards increased private sector involvement in nuclear power [1][4]. Industry Summary - The Chinese government has been promoting policies to encourage private capital in the nuclear power sector, which has traditionally been dominated by state-owned enterprises [4]. - The global nuclear power generation is expected to reach a ten-year high in 2024, with projections indicating that the installed capacity will exceed 900 million kilowatts by 2050, effectively doubling current levels [4]. - From 2022 to 2025, China plans to approve 10 nuclear reactor units annually, with a total investment exceeding 800 billion yuan for 41 units, reflecting a robust growth trajectory in the nuclear sector [4].