CGN MINING(HK:01164) 智通财经网·2026-02-20 06:41Group 1 - China General Nuclear Power Corporation (CGN) Mining (01164) has seen its stock price increase by over 5%, currently trading at 5.19 HKD with a transaction volume of 97.61 million HKD [1] - YCA announced on February 12 that it will increase its total placement from the previously planned minimum of 75 million USD to approximately 110 million USD to expand natural uranium procurement [1] - YCA holds an option to purchase 1.16 million pounds of natural uranium from the Hayan mine for 26 years [1] Group 2 - The state-owned natural uranium platform is resuming overseas mine acquisitions, with China Uranium Industry planning to acquire a 45% stake in BMN UK, a subsidiary of BMN [1] - Huayuan Securities released a report stating that in the context of rising electricity demand from AI, nuclear power and uranium are transitioning from "optional energy" to "strategic necessities," which is expected to enhance their long-term pricing power, cash flow stability, and capital attractiveness [1] - It is noteworthy that although CGN Mining sells all its mined uranium products to its parent company, the pricing is linked to market prices, allowing it to benefit from the positive factors of rising uranium prices due to increased global nuclear power demand [1]