Chuanneng Power Intends to Invest 100 Million Yuan in Setting Up a One-Billion-Yuan Nuclear Industry Firm, Venturing into the Nuclear Microreactor Field
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Author:小编   

On September 5, 2026, Chuanneng Power made an announcement stating its plan to co-invest 1 billion yuan alongside its controlling shareholder, Sichuan Energy Development Group, and other collaborators, in order to establish Sichuan Energy Nuclear Industry Co., Ltd. Chuanneng Power will contribute 100 million yuan to secure a 10% equity stake. As this transaction involves a related party, it has already obtained the board of directors' approval, thereby bypassing the requirement for submission to the shareholders' meeting for further endorsement.