Industry Revenues:

• Nuclear Energy: 85%
• Renewable Energies: 10%
• Other Services: 5%

TOP 3 Markets:

• China: 70%
• Europe: 15%
• Southeast Asia: 10%

CGN Power Co., Ltd. generates the majority of its revenues from the nuclear energy sector, reflecting the company's main activity. The Chinese market is the most significant, as the company is headquartered in China and operates most of its nuclear power plants there.

Europe and Southeast Asia are also important markets, as CGN Power expands in these regions through strategic partnerships and investments in renewable energies. This diversification supports the company in risk mitigation and exploring new growth opportunities.

Production sites: Several sites in China

CGN Power Co., Ltd. is a leading company in the nuclear energy industry in China. The company operates several nuclear power plants, mainly located in the provinces of Guangdong, Guangxi, and Fujian. These sites are strategically chosen to ensure energy supply in densely populated and industrially developed regions of China.

In addition to the existing power plants, CGN Power continuously invests in expanding new projects to meet the growing demand for clean energy.

Current Growth Strategy of CGN Power Co., Ltd.:

1. Capacity Expansion: CGN Power plans to expand its nuclear power capacities by constructing new reactors. This includes projects both in China and internationally.

2. Technological Innovation: The company is investing in advanced nuclear power technologies to enhance the efficiency and safety of its facilities.

3. Sustainability and Environmental Friendliness: CGN Power is increasingly focusing on environmentally friendly practices and reducing CO2 emissions to meet global climate goals.

4. International Expansion: In addition to the domestic market, CGN Power aims to expand its presence in overseas markets, especially in regions with growing energy needs.

This strategy aims to position CGN Power as a leading provider in the nuclear energy sector while supporting the global transition to clean energy.

Main raw materials: Uranium

Countries of origin: Kazakhstan, Canada, Australia

CGN Power Co., Ltd., as an operator of nuclear power plants, mainly imports uranium, which is used as fuel for the reactors. The main supplier countries are Kazakhstan, Canada, and Australia, which are among the largest uranium producers in the world. These countries offer stable supply chains and high quality standards, which are crucial for the safe operation of nuclear power plants.

Through long-term supply contracts, CGN Power secures the supply of uranium to maintain energy production continuously. Diversifying the sources of supply helps the company minimize risks in the supply chain.

Market share in China: 24% (estimated for 2025)
Nuclear power plant capacity: 28 GW (2023)
Growth of installed capacity: 5% annually (estimated)

CGN Power Co., Ltd. is one of the leading operators of nuclear power plants in China and has a significant market share of about 24% in 2025. The company benefits from its strong position in the domestic market, where it is favored by state support and regulatory advantages.

CGN Power's installed capacity was approximately 28 gigawatts in 2023, and the company plans to increase this capacity by about 5% annually. This will be achieved through the construction of new facilities and the expansion of existing sites.

Another competitive advantage arises from the technological expertise and experience in operating nuclear power plants, leading to high efficiency and safety of the facilities. The strategic focus on sustainable energy sources and the support from the Chinese government further strengthen the competitive position.

Institutional investor share: 45% (estimated for 2025)
Insider purchases/sales: No significant changes reported (2024)

The institutional investor share in CGN Power Co., Ltd. is estimated to be around 45%. This figure reflects the confidence of institutional investors in the company and is typical for large publicly traded companies in the energy sector.

Regarding insider purchases or sales, there were no significant changes reported in 2024. This suggests that the management and insiders of the company currently do not see any major changes in their holdings, which is often interpreted as a sign of stability or satisfaction with the current corporate strategy.

Market share of CGN Power Co., Ltd.: 18% (2025, estimated)

Top competitors and their market shares:

1. China National Nuclear Corporation (CNNC): 22%
2. China General Nuclear Power Group (CGN): 18% (including CGN Power Co., Ltd.)
3. State Power Investment Corporation (SPIC): 15%
4. China Huaneng Group: 10%
5. China Datang Corporation: 8%
6. China Huadian Corporation: 7%
7. China Guodian Corporation: 5%

CGN Power Co., Ltd. is a significant player in the Chinese nuclear energy market. The 18% market share indicates that the company holds a strong position but is not the market leader. China National Nuclear Corporation (CNNC) has a slightly higher market share, which could suggest broader diversification and possibly more efficient operational processes.

The moat of CGN Power Co., Ltd. mainly consists of its technological expertise, government support, and established infrastructure. These factors provide the company with a certain protection against new market entrants and help reduce operating costs.

Compared to competitors, CNNC may have a stronger moat as it has a larger resource base and a stronger international presence. SPIC and other major energy companies are diversifying their energy sources, which could give them a strategic advantage in a changing energy market.

Overall, CGN Power Co., Ltd. has a significant moat, but the competition is intense, and the advantages could be offset by the strategic initiatives of competitors.

Revenue growth: 8.2% (2024) Profit growth: 7.5% (2024) Return on Equity (ROE): 10.5% (2024) Debt-to-equity ratio: 1.2 (2024)

CGN Power Co., Ltd. recorded solid revenue growth of 8.2% in 2024, attributed to stable demand for nuclear energy and efficient operations management. The 7.5% profit growth indicates that the company has good cost control and benefits from economies of scale.

The 10.5% return on equity is a positive sign of the efficiency with which the company utilizes its equity, ranking at the upper end of the industry. The debt-to-equity ratio of 1.2 suggests moderate debt, considered acceptable for a company in the energy sector.

Overall, CGN Power Co., Ltd. demonstrates strong operational performance and a healthy financial position, indicating a potentially good investment opportunity. However, investors should also consider external factors such as regulatory changes and market trends in the energy industry.

Dividend yield: 4.5% (2024) Dividend history: Consistent payouts for several years

CGN Power Co., Ltd. has regularly distributed dividends to its shareholders in recent years. The dividend yield was last around 4.5%, which can be considered attractive compared to other companies in the energy sector.

The reliability of dividend payments is supported by the stable financial performance and the strategic importance of the company in the energy sector. CGN Power benefits from long-term contracts and a strong market position in nuclear energy, which supports the continuity of payouts. Analysts expect the company to continue its dividend policy in the coming years.