国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

China Nuclear Engineering given green light for listing

By Lyu Chang (China Daily) Updated: 2016-05-17 10:35

Offering set to issue up to 525 million shares and raise 1.8 billion yuan

China Nuclear Engineering Corp, the country's major nuclear construction giant, has got approval for an initial public offering.

The China Securities Regulatory Commission said in a statement that CNEC will issue no more than 525 million shares on the A-share market, accounting for one-fifth of the total shares after the IPO.

CNEC, which claimed to be the only company working nonstop in the nuclear construction industry for the past three decades, still has to wait for a final permit released by CSRC, which is likely to be given on the second half of this year, experts said.

The offering is set to raise 1.8 billion yuan ($286 million), CNEC said earlier, and it plans to use the raised funds for nuclear power projects, purchase of nuclear construction equipment, and nuclear engineering research projects.

The company's net profit was 913 million yuan last year, an increase of 24.4 percent compared to a year earlier.

The Beijing-based company has completed the construction of nuclear islands of 24 nuclear units in the sites such as Hongyan River of Liaoning province, Taishan of Guangdong province and Sanmen of Zhejiang province.

The company had been preparing for its listing in 2010, but that the process was delayed by Japan's Fukushima nuclear disaster in March 2011.

CNEC has developed its own nuclear technology high-temperature gas-cooled reactors, an indigenous nuclear technology, jointly with Tsinghua University.

In 2015, it signed an agreement with Saudi Arabia to promote this homegrown fourth-generation nuclear technology in the Middle East country.

Gu Jun, president and general manager of CNEC, said the agreement was a major step toward the nuclear export, and will bring other possibilities for nuclear cooperation between China and other partners along the Belt and Road Initiative, which includes more than 60 economies along the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

To cash in on the country's trillion-dollar industry, Chinese nuclear power companies are all flocking to the capital market to finance their nuclear power projects both at home and abroad.

China General Nuclear Power Group, the country's largest nuclear operator, listed its assets of applied nuclear science and technology on the A-share market through acquisition of China Dalian International Cooperation.

lvchang@chinadaily.com.cn

Hot Topics

Editor's Picks
...
龙岩市| 高要市| 望江县| 礼泉县| 临猗县| 集安市| 苏尼特左旗| 黄骅市| 彰化市| 福海县| 夹江县| 河池市| 巴东县| 分宜县| 牡丹江市| 大石桥市| 怀安县| 岐山县| 岑巩县| 邹城市| 绥棱县| 伊宁县| 莱芜市| 兴隆县| 北海市| 霍林郭勒市| 基隆市| 平舆县| 河津市| 南江县| 池州市| 蒲江县| 土默特右旗| 大理市| 和林格尔县| 天水市| 南汇区| 东安县| 湟源县| 涿鹿县| 浙江省|