CGN POWER(SZ:003816) Zhong Guo Dian Li Bao·2026-01-28 07:56Core Viewpoint - China General Nuclear Power Group (CGN) has achieved significant milestones in clean energy development during the 14th Five-Year Plan, with a total of 16 nuclear power units approved and a clean energy installed capacity exceeding 110 million kilowatts [1][5]. Group 1: Nuclear Power Development - CGN has approved 16 nuclear power units and commenced construction on 10 new units, with 20 units currently under construction [1] - The total number of operational nuclear power units has reached 28, with a total installed capacity exceeding 56 million kilowatts, maintaining the top position in the country [2] - The "Hualong One" technology is being utilized in 18 of the units under construction, achieving international certification and recognition [2][4] Group 2: Clean Energy Capacity - During the 14th Five-Year Plan, CGN's clean energy installed capacity increased from 62 million kilowatts to 113 million kilowatts, with domestic renewable energy capacity surpassing 70 million kilowatts [1][5] - The company has achieved nearly threefold growth in domestic renewable energy capacity compared to the end of the 13th Five-Year Plan, with over 370 billion kilowatt-hours of cumulative power generation [5] Group 3: Technological Innovation - CGN has invested 3.8% of its revenue in research and development, with a workforce of over 8,600 technology professionals [9] - The company has developed a fully domestic digital control platform for nuclear power, achieving 100% localization [10] - CGN's innovative technologies have led to significant operational efficiencies, including a 40% increase in inspection efficiency through the use of smart inspection robots and AI technologies [10] Group 4: International Expansion - CGN has expanded its overseas renewable energy footprint to 18 countries, providing over 370 billion kilowatt-hours of clean electricity [8][9] - The company is transitioning from being an investor in power plants to providing localized energy solutions in collaboration with partner countries [9] Group 5: Safety and Reliability - CGN maintains high safety standards, with 82% of operational indicators meeting world-class levels, and the Lingao Nuclear Power Station has set a record for continuous safe operation exceeding 7,000 days [4] - The company has implemented a digital monitoring system for major equipment across its 28 operational units, enhancing predictive maintenance capabilities [4][10]