- Business
- China Nuclear Energy Technology Corporation Limited operates primarily in the renewable energy and nuclear power sectors, providing engineering, procurement, and construction (EPC) services for photovoltaic power plants; financing solutions for nuclear power, clean energy, and energy-saving industries; and general construction and consultancy services. In addition to photovoltaics, solar power generation, and biomass energy projects, the company engages in financing and leasing activities targeting nuclear power, clean energy, energy conservation, and environmental protection industries within China. Founded in 2015 and headquartered in Hong Kong, the company aims to integrate photovoltaic power plant investments with EPC operations to maximize returns from new energy generation projects.
The company holds a strategic role in the nuclear fuel cycle, including uranium purification, conversion, enrichment, and assembly, and manufacturing special nuclear equipment. It supplies nuclear fuel and components domestically and internationally, supporting nuclear power plants in China, Europe, America, and Asia. Its operations also encompass key technology research and development in nuclear fuel cycle equipment, nuclear power technology, and import-export trade of nuclear-related technology and equipment.
Recent major developments include a 2022 strategic share subscription that positioned Yahgee International (Hong Kong) Co., Limited as the largest shareholder. The company has actively expanded through acquisitions, subsidiaries establishment, and broadening its footprint to enhance its capabilities and market reach. Notably, it signed an energy storage system equipment purchase agreement with Vision Energy and continues to pursue business opportunities in photovoltaics, solar, and biomass power generation. China Nuclear Energy Technology Corporation Limited also focuses on strengthening industry and financial synergies to support long-term sustainable growth in the clean energy and nuclear sectors.
The company is part of the broader China National Nuclear Corporation (CNNC) ecosystem, which conducts extensive nuclear engineering, nuclear fuel development, uranium resource exploration, and nuclear material supply operations in China and internationally. CNNC's recent activities include significant investment plans surpassing 120 billion yuan for nuclear power projects in 2024, reflecting an expansion in nuclear and new energy sectors that align with China Nuclear Energy Technology Corporation Limited's business objectives and growth strategy.
Overall, China Nuclear Energy Technology Corporation Limited operates as a comprehensive energy technology and services provider focused on nuclear technology, renewable energy EPC, and financial service support for clean energy projects, with a strategic vision to lead in new energy generation and nuclear fuel supply markets domestically and internationally.