CGN POWER(003816)2024-12-10 10:55Group 1: Investor Relations Activities - The event was a reverse roadshow held on December 10, 2024, at the Daya Bay Nuclear Power Base, attended by approximately 40 analysts from around 35 institutions [2][4] - The purpose was to enhance communication with the capital market and provide insights into the company's development history and operational principles [2][4] Group 2: Market Trading and Contracts - In 2025, Guangdong Province plans to arrange approximately 273 billion kWh of market-based electricity transactions for nuclear power [3] - The government-authorized contract mechanism allows for a one-way price difference settlement based on the actual market electricity volume [3] Group 3: Project Preparation and Capital Expenditure - The company is actively preparing for new projects, with several sites like Fangchenggang and Huizhou making significant progress [3][4] - Currently, the company has 8 units under construction, and capital expenditures are expected to increase as new projects are approved [4] Group 4: Research and Development - The company is advancing its R&D in fourth-generation nuclear technology and is implementing the third-generation "Hualong One" technology for mass construction [4] - The company is committed to innovation-driven development to ensure long-term sustainability [4] Group 5: Operational Performance and Future Plans - The Daya Bay Nuclear Power Station's units 1 and 2 have maintained excellent operational status since 1994, with about 10 years remaining until their initial design life of 40 years [4] - The company is preparing for the extension of these units' operational life, which requires rigorous safety assessments and evaluations [4] Group 6: Compliance and Disclosure - The event adhered strictly to regulatory requirements and did not involve the disclosure of any undisclosed significant information [5]