China National Nuclear Power

China National Nuclear Power announced on August 28 that it plans to buy back company shares worth 100 million to 200 million yuan for equity incentives, with a maximum buyback price of 13.31 yuan per share. The move aims to align the interests of core employees through an equity incentive plan and enhance the company's long-term competitiveness.

The State Council executive meeting decided to approve four nuclear power projects, including the first phase of Liaoning Zhuanghe, totaling eight new units with an overall investment expected to surpass 170 billion yuan. The approved projects include the second phase of Zhejiang Jinqimen Nuclear Power, the third phase of Guangdong Taipingling Nuclear Power, the first phase of Liaoning Zhuanghe Nuclear Power, and the first phase of Shandong Laiyang Nuclear Power, all being the first batch of nuclear projects approved during the 15th Five-Year Plan period. A single domestically produced million-kilowatt third-generation nuclear unit requires an investment of about 20 billion yuan, and the 170 billion yuan direct investment can drive a total output of approximately 500 billion yuan across related industrial chains. China National Nuclear Power announced that its Liaoning Zhuanghe Units 1 and 2 and Zhejiang Jinqimen Units 3 and 4 have been approved, all adopting Hualong One technology. In other news, Amazon shares surged 15.2 percent, with cloud business revenue growth hitting an 18-quarter high; Fullhan Microelectronics expects first-half net profit to rise by 1,073 percent to 1,420 percent year-on-year; and stock ETFs saw a net inflow of nearly 480 billion yuan in July, setting a monthly record.

China Nuclear Power's controlling subsidiary, CNNC Suneng, plans to procure contracting services for the high-temperature reactor project of the first phase of the Jiangsu Xuwei Nuclear Heating and Power Plant from related party CNNC Energy. The approved project amount is 10.322 billion yuan.

China Nuclear Power announced that, following deliberation at a State Council executive meeting, it has been decided to approve Units 1 and 2 of the Liaoning Zhuanghe nuclear power project and Units 3 and 4 of the Zhejiang Jinqimen nuclear power project. The company's subsidiaries, CNNC Datang Zhuanghe Nuclear Power Company and CNNC Xiangshan Nuclear Energy Company, will serve as the owner entities responsible for project investment, construction, and operation management. Both projects will each construct two Hualong One pressurized water reactor nuclear units in the current phase, and preparations prior to construction are progressing in an orderly manner.

On the evening of July 31, several listed companies on the Shanghai and Shenzhen stock exchanges issued important positive announcements. Mentech Optical & Magnetic plans to issue shares to specific investors to raise no more than 1.283 billion yuan for projects including intelligent manufacturing of high-speed optical modules. Hongqiao Holdings plans a private placement to raise up to 12 billion yuan for wind power, photovoltaic, and aluminum deep processing projects. GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan and cancel them to reduce registered capital. Fullhan Microelectronics expects its net profit attributable to the parent company in the first half of 2026 to increase by 1,072.72% to 1,420.19% year-on-year. China National Nuclear Power's Liaoning Zhuanghe nuclear power project Units 1 and 2, and Zhejiang Jinqimen nuclear power project Units 3 and 4, have been approved by the State Council executive meeting. In addition, Southern Network Technology plans to acquire 100% equity of Yueneng Power for 445 million yuan, Shanghai Shineway plans to invest in the industrialization project of solid-liquid hybrid battery cells and solid electrolyte powder, and Inventronics announced that starting September 1, prices of some products will be raised by about 5% to 15% overall.