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China National Nuclear Corporation’s acquisition completes Zhuanghe Nuclear Power’s control!


China Nuclear Power announced on February 24 that it plans to jointly invest in the establishment of CNNC Datang Zhuanghe Nuclear Power Co., Ltd. Hereinafter referred to as Zhuanghe Nuclear Power) .

It is reported that Zhuanghe Nuclear Power is held 51% by China Nuclear Power, 39% by Datang Nuclear Power, and 10% by Dalian State-owned Assets. Zhuanghe Nuclear Power has a board of directors consisting of 9 directors. Among them, 4 were recommended by China Nuclear Power, 3 were recommended by Datang Nuclear Power, 1 was recommended by Dalian State-owned Assets, and 1 employee director. The chairman of the board is a director recommended by China Nuclear Power

Zhuanghe Nuclear Power has one general manager, several deputy general managers, one chief accountant, and one general legal counsel. The general manager and two deputy general managers are recommended by Datang Nuclear Power and appointed by the board of directors; the deputy general manager, chief accountant, and general legal counsel are nominated by the general manager and hired by the board of directors; the chief accountant is recommended by China Nuclear Power.

The announcement stated that the company’s establishment of Zhuanghe Nuclear Power Plant is in line with the national energy development strategy and industrial policy, and is a concrete measure taken by the company and its shareholders to respond to the country’s “carbon neutrality and carbon peak”. At the same time, it can promote regional economic development, ensure energy security and further Improve the company’s ability to build and operate the “Hualong One” nuclear power unit, and better promote the company’s development.

source: 163

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