China National Nuclear Power Company announced on July 3 that it intends to issue no more than 4.67 billion shares to specific investors including 35 controlling shareholders and related parties.
It will raise no more than 7.6 billion yuan as supplementary flow capital, which will be used for the construction of Fujian Zhangzhou Nuclear Power Plant Units 1 and 2 project.
The announcement shows that the investment and construction of the Zhangzhou nuclear power project will help to improve the company’s overall installed capacity and power generation capacity, thereby improving the company’s profitability and operating stability.
