China Nuclear Power (601985.SH) plans to establish China National Nuclear Shandong Energy Development Co., Ltd.

Zhitong Finance APP News, China Nuclear Power (601985.SH) announced that the company plans to invest in the establishment of Shandong Nuclear Power Energy Development Co., Ltd. (tentative name, subject to the specific name approved by the Industrial and Commercial Administration), to develop related energy projects in Shandong Province. The establishment of Shandong Nuclear Power Energy Development Co., Ltd. is in line with the company's strategic development needs, conducive to the company's strategic layout in the Shandong region, and lays the foundation for the company to undertake domestic and international project development in the future. It is expected that the project will be profitable and achieve sustainable economic operation after completion.