CGN Power, CNE100001T80

CGN Power reports RMB 100 million Lufeng joint venture: stock after-hours at EUR 0.37

Published on 10/12/2026 at 20:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CGN Power said its Lufeng nuclear-project joint venture obtained a business license. The stock traded after-hours at EUR 0.37 at Lang & Schwarz on October 12, 2026.

Key points in brief

  • CGN Power said its Lufeng joint venture obtained a business license.
  • The venture has RMB 100 million in registered capital, with CGN Power holding 70%.
  • CGN Power traded after-hours at EUR 0.37 at Lang & Schwarz on October 12, 2026.
CGN Power, CNE100001T80, Illustration mit AI erstellt.
CGN Power, CNE100001T80, Illustration mit AI erstellt.

CGN Power Co., Ltd. said in an October 9 filing that its joint venture for the Lufeng Units 3 and 4 nuclear-power project had completed registration and obtained a business license. The company will contribute RMB 70 million to the venture and hold 70% of its RMB 100 million registered capital, according to the Hong Kong Exchange filing.

CGN Power after-hours trading

At 8:10 p.m. CEST on October 12, 2026, the stock traded after-hours at Lang & Schwarz at EUR 0.37. The quoted bid was EUR 0.31 and the ask was EUR 0.43. The further course of after-hours trading at Lang & Schwarz until 11:00 p.m. CEST is shown by the continuously updated real-time quote of CGN Power stock.

Lufeng joint venture

The filing identifies the new company as CGN Yueshan (Lufeng) Nuclear Power Co., Ltd. and says it will develop, construct and operate the Lufeng Units 3 and 4 project. The company was established on September 29, 2026, and its licensed business scope includes power generation, power transmission and power supply, subject to required approvals, according to the filing.

Hong Kong market context

Hong Kong's Hang Seng Index opened at 24,434.93 points on October 12, 2026, up 223.58 points, or 0.92 percent, according to China Daily.

Market context: Latest market reports.

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