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CGN Power Co ( (HK:1816) ) just unveiled an update.
CGN Power Co., Ltd. announced a change in the implementing entity for its Guangdong Lufeng Nuclear Power Station Unit 5 and Unit 6 Project. The company has established a new wholly-owned subsidiary, CGN Eastern Guangdong (Lufeng) Nuclear Co., Ltd., to take over the responsibilities from the previous entity, CGN Lufeng Nuclear Power Co., Ltd. This strategic move aims to better manage nuclear power projects at various phases within the same base, potentially enhancing operational efficiency and project management.
The most recent analyst rating on (HK:1816) stock is a Buy with a HK$3.70 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.
More about CGN Power Co
CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the nuclear power industry. The company focuses on the development, investment, and operation of nuclear power projects, with a significant market presence in China.
Average Trading Volume: 67,536,942
Technical Sentiment Signal: Buy
Current Market Cap: HK$205.4B
Learn more about 1816 stock on TipRanks’ Stock Analysis page.