CGN Power (Stock Code: 1816) Announces 2025 Q3 Results with Revenue of RMB 59.72 Billion

Bulletin Express
Oct 28

CGN Power Co., Ltd. (stock code: 1816) published its third quarterly report for 2025, showing operating revenue of approximately RMB 59.72 billion from January to September, a 4.09% year-on-year decrease. The company recorded net profit attributable to shareholders of roughly RMB 8.58 billion, a 14.14% drop compared to the same period last year. According to the announcement, the decline was mainly influenced by higher market-based electricity transactions and a decrease in market electricity prices.

During the first nine months of 2025, the total on-grid power generation of nuclear units operated and managed by CGN Power reached approximately 172.179 billion kWh, an increase of 3.17% year on year. Among these, the company’s holding subsidiaries generated about 135.746 billion kWh, up by 4.15%. Total assets stood at around RMB 447.14 billion as of September 30, representing a 4.80% increase from the end of 2024. Shareholders' equity attributable to the listed company rose by 2.25% to RMB 123.35 billion.

The announcement also noted that CGN Power has completed the issuance of RMB 4.9 billion of A-share convertible corporate bonds and received approval for acquiring the equity interests in four companies, including Huizhou Nuclear Power. These transactions are expected to further strengthen its nuclear power operation and project development.

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