China National Nuclear Power
China National Nuclear Power (CNNP) is a state-owned nuclear power generator operating 27 plants across China and exporting proprietary Hualong One reactor technology internationally under government-backed financing, serving state-owned domestic utilities and Belt and Road partner countries.
- Company typePublic
- Founded1955
- HeadquartersBeijing, China
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What China National Nuclear Power does
China National Nuclear Power (CNNP) is a Beijing-headquartered, state-owned nuclear power generation company listed on the Shenzhen Stock Exchange under ticker 001280. It is the primary civilian nuclear power subsidiary of the China National Nuclear Corporation (CNNC), founded in 1955, and operates 27 nuclear power plants across China with a workforce exceeding 20,000 employees. The company holds full intellectual property rights to the third-generation HPR1000 reactor (commercially branded as Hualong One), the multi-purpose ACP100 small modular reactor (Linglong One), and the supercritical CO2-based Chaotan One generator.
CNNP generates revenue through electricity sales to state-owned grid operators under regulated tariffs, supplemented by reactor technology exports, engineering and construction services, and fuel cycle operations spanning uranium mining (including the Rössing mine in Namibia), fuel fabrication, and nuclear medicine/isotope production. Its business model is vertically integrated across the nuclear value chain, providing cost and supply security advantages. The company serves primarily state-owned domestic utilities as domestic customers, while internationally it targets emerging-market power generation customers in Belt and Road countries through government-to-government agreements.
Internationally, CNNP pursues export opportunities in partnership with global nuclear majors including Rosatom, Framatome, Westinghouse, EDF, and TerraPower, as well as multilateral bodies such as the IAEA. The company's cost structure benefits materially from Chinese government-backed financing at approximately 1.4% interest rates, enabling reactor construction costs roughly one-third of U.S. and European benchmarks. The 14th Five-Year Plan targets approximately 150 new reactors over a 15-year horizon, providing a multi-decade domestic build pipeline that underpins the company's strategic positioning.
China National Nuclear Power firmographics
Firmographics- Name
- China National Nuclear Power
- Legal name
- China National Nuclear Corporation
- Website
- https://en.cnnc.com.cn
- Company type
- Public
- Founded year
- 1955
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- China National Nuclear Power (CNNP) is a state-owned nuclear power generator operating 27 plants across China and exporting proprietary Hualong One reactor technology internationally under government-backed financing, serving state-owned domestic utilities and Belt and Road partner countries.
- Ownership category
- akta.pro rank
China National Nuclear Power industry classification
Industry- Product category
- Nuclear Power Generation
- NAICS
- Nuclear Electric Power Generation (221113), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Gen III/III+ Reactor Systems & Components (EUAKADAB)
- akta.pro secondary industries
- Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK), Gen IV / Advanced Reactor Systems (SFR, LFR, GFR, MSR, HTGR, Microreactors) (EUAKADAC), Construction Management, Supervision & Field Engineering (EUAKAAAJ), Nuclear Waste Management & Geological Disposal (EUACADAM)
Keywords
Where China National Nuclear Power is headquartered
LocationHeadquarters
- HQ city
- Beijing
- HQ country
- China
- HQ region
- Asia
Offices10 records
Markets served
China National Nuclear Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Nuclear Power Generation: Development and operation of nuclear power plants generating electricity for sale to grid operators. Core business activity with 27 nuclear power plants in operation.
- Technical Services: I-Nuclear technical service brand providing comprehensive nuclear power technical services including production readiness and nuclear commissioning, operational support and professional training, major overhauls and specialized maintenance, technical support and digital solutions.
- Nuclear Technology Export: Export of nuclear technology including HPR1000 reactors, nuclear fuel, and engineering services to international markets through Belt and Road Initiative partnerships.
- Nuclear Applications: Non-power applications including nuclear medicine (radiopharmaceuticals, medical isotopes), nuclear technology applications in agriculture, industrial irradiation, and environmental protection.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
China National Nuclear Power product offering
Product offeringCore offering
China National Nuclear Power develops, builds, and operates nuclear power plants using proprietary technologies such as the Hualong One (HPR1000) third-generation pressurized water reactor and Linglong One (ACP100) small modular reactor, while also producing nuclear fuel, mining uranium, and providing nuclear technology applications including radioisotopes and radiopharmaceuticals. The company operates 27 nuclear power plants across China and exports nuclear technology and engineering services internationally through Belt and Road Initiative partnerships with countries including Pakistan, Argentina, and Saudi Arabia.
Product overview
China National Nuclear Corporation (CNNC) operates as a vertically integrated nuclear energy company with a diversified portfolio spanning nuclear power generation, nuclear technology applications, and advanced reactor development. The core product portfolio includes Hualong One (HPR1000), China's third-generation nuclear power technology with independent intellectual property rights deployed across domestic and overseas projects; Linglong One (ACP100), the world's first commercial onshore small modular reactor; and Chaotan One, the pioneering commercial supercritical CO2 waste-heat power generation system. Supporting infrastructure brands include I-Nuclear technical services, NESTOR software package, Hefu No.1 isotope technology, and various radioisotope production facilities. The company also develops fourth-generation HTGR reactors, floating nuclear power plants (ACP100S), fusion devices (HL-3), and advanced technologies including digital twin systems and AI-powered simulation tools. CNNC's integrated offering covers the complete nuclear lifecycle from uranium exploration and fuel manufacturing through reactor construction, operation, and decommissioning services.
Differentiator
Problem solved
Functional benefit
Brands
- Hualong One: China's self-developed third-generation pressurized water reactor technology with fully independent intellectual property rights
- Linglong One
- Chaotan One
- HPR1000
- ACP100
- DHR-400
- HTGR
- HL-3
Products and services
- Hualong One (HPR1000) Third-Generation Pressurized Water Reactor
Quantifiable outcome
- 15.2% year-over-year increase in on-grid power generation (Jan-Sept 2025)
- +3 more outcomes
Companies that use China National Nuclear Power
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
China National Nuclear Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature9 records
China National Nuclear Power partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and major.
- EDF (France)coreCNNC signed nuclear energy cooperation agreements with EDF at the 7th Meeting of the China-France Business Council. Chairman Shen Yanfeng outlined proposals for advancing China-France nuclear energy cooperation including collaborative innovation and joint fostering of new quality productive forces.
- Rosatom Service (Russia)coreCNNP signed strategic cooperation agreement with Rosatom Service during the I-Nuclear launch event. Partnership to expand international nuclear power services market and provide comprehensive technical services for nuclear plant operations globally.
- Framatome (France)coreCNNP signed strategic cooperation agreement with Framatome during I-Nuclear launch. Joint efforts in nuclear energy cooperation including technology sharing, market development, and standard-setting.
- Westinghouse Electric Corporation (USA)coreCNNP signed strategic cooperation agreement with Westinghouse Electric Corporation during I-Nuclear launch. Collaboration to expand international nuclear power services market.
- Brazil's Nuclear and Energy Research InstitutemajorCIRC (China Isotope & Radiation Corporation), a CNNC subsidiary, signed MoU with Brazil's Nuclear and Energy Research Institute over nuclear energy application cooperation.
- IAEA (International Atomic Energy Agency)coreHainan Nuclear Power, a CNNC subsidiary, and IAEA signed a capacity-building execution deal over SMRs construction. Collaboration to advance small modular reactor technology development and deployment globally.
- Uzatom (Uzbekistan)majorCNNC and Uzatom signed a MOU and cooperation roadmap in Beijing for nuclear energy cooperation, covering uranium resource development and nuclear technology applications in Uzbekistan and Central Asia.
- Rosatom (Russia)coreCNNC and Russia's Rosatom signed contracts on Sino-Russia nuclear projects at the Great Hall of the People in Beijing, representing largest Sino-Russia nuclear project cooperation.
- Pakistan Atomic Energy Commission (PAEC)coreCNNC signed cooperation agreement with PAEC on construction of Unit 5 of Chashma Nuclear Power Plant (C-5) using HPR1000 technology. Seventh nuclear power unit exported to Pakistan and third HPR1000 unit exported.
- Saudi Arabia - Saudi Geological Survey (SGS)majorCNNC Chairman Wang Shoujun and SGS President Dr Zohair A Nawab signed MOU regarding bilateral cooperation on uranium and thorium resources in presence of President Xi Jinping and King Salman.
- UK National Nuclear LaboratorymajorCNNC and UK's National Nanotechnology Laboratory established UK-China Nuclear Joint Research and Innovation Centre in Manchester. Vice Premier Ma Kai unveiled the plaque at the ceremony.
- Canadian Company (CANDU)majorCNNC agreed to form joint venture with Canadian company to jointly develop and promote CANDU's advanced fuel and heavy water reactors both in China and worldwide, improving cooperation between China and Canada in nuclear energy sector.
- TerraPower (USA)coreCNNC signed agreement on joint development of traveling-wave reactor (TWR) technology with TerraPower, a nuclear energy company based in the United States. Microsoft founder Bill Gates witnessed the signing. Cooperation focuses on new-generation nuclear fuel elements and traveling-wave reactor R&D and localization.
- Pakistan Atomic Energy Commission (PAEC)coreCNNC has built four nuclear power units in Pakistan with total installed capacity of 4.63 million kWs and operational capacity of more than 1.3 million kWs. Has helped resolve electricity shortages in Pakistan and boosted the country's economy and living standards.
- Rössing UraniumcoreCNNC subsidiary Rössing Uranium operates one of the world's largest uranium mines in Namibia. CNNC acquired Rössing Uranium Mine in 2019. Mine contributes over 4% to Namibia's GDP and directly creates over 2,000 jobs.
Scale indicators14 records
Recent moves7 records
Expansion highlights6 records
China National Nuclear Power competitors and assessment
Company assessmentDirect peers
- Rosatom: Russia's state nuclear corporation operates a vertically integrated nuclear business (uranium, fuel, reactors, services) comparable to CNNC's full value chain. Direct competitor on international nuclear export tenders and signed a strategic services partnership with CNNP in 2025.
- Westinghouse Electric Company: Westinghouse designs AP1000 Generation III PWRs and is a direct competitor on new-build reactor technology and a strategic services partner to CNNP since September 2025. Highly comparable on reactor design, nuclear fuel, and operational services offerings.
- Korea Hydro & Nuclear Power (KHNP): South Korea's nuclear utility operates an APR fleet comparable in scale to CNNP's reactor count and competes head-to-head on third-generation reactor export tenders. KHNP's APR1400 is the closest functional analog to HPR1000 in terms of Generation III PWR positioning.
- Framatome: France-based nuclear reactor and services company and a CNNP strategic partner since 2025. Directly comparable in fuel assembly manufacturing, reactor instrumentation and controls, and nuclear plant services.
- Cameco Corporation: Cameco is one of the world's largest uranium producers and a CNNC nuclear fuel counterpart. Comparable as a vertically integrated nuclear fuel cycle company supplying utilities that operate large PWR fleets.
- Orano (formerly Areva): Orano is a French nuclear fuel cycle company covering uranium mining, conversion, enrichment, and fuel fabrication. Comparable to CNNC's nuclear fuel subsidiary across the front-end fuel cycle and a procurement partner at the China International Import Expo.
- China General Nuclear Power Group (CGN): CGN is China's other major state-owned nuclear power operator and CNNC's domestic counterpart, also developing Hualong-series reactors through a jointly established Hualong International Nuclear Power Technology Corporation. Directly comparable in fleet size, Chinese government backing, and domestic build pipeline.
Emerging players
- BWX Technologies (BWXT): BWXT manufactures nuclear components and is developing small modular reactor and microreactor technology, overlapping with CNNC's ACP100 and HTGR programs. Comparable on advanced reactor components, naval and government nuclear work, and nuclear fuel fabrication.
- TerraPower: TerraPower is developing the traveling-wave reactor (TWR) and Natrium sodium-cooled fast reactor, and has been a CNNC R&D partner since 2015. Comparable on advanced Gen IV reactor R&D, fuel cycle innovation, and next-generation nuclear plant design.
Broad incumbents
- Électricité de France (EDF): EDF is the world's largest nuclear operator by installed capacity and a strategic CNNC partner under the 2025 China-France Business Council nuclear cooperation agreement. Comparable as a vertically integrated nuclear incumbent with EPR technology and a global services business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
China National Nuclear Power social profiles
Digital presenceChina National Nuclear Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
China National Nuclear Power leadership team
Management profileNumber of profiles
Profiles7 records
China National Nuclear Power subsidiaries and ownership
Company hierarchySubsidiaries12 records
China National Nuclear Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
China National Nuclear Power M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about China National Nuclear Power
What does China National Nuclear Power do?
China National Nuclear Power develops, builds, and operates nuclear power plants using proprietary technologies such as the Hualong One (HPR1000) third-generation pressurized water reactor and Linglong One (ACP100) small modular reactor, while also producing nuclear fuel, mining uranium, and providing nuclear technology applications including radioisotopes and radiopharmaceuticals. The company operates 27 nuclear power plants across China and exports nuclear technology and engineering services internationally through Belt and Road Initiative partnerships with countries including Pakistan, Argentina, and Saudi Arabia.
Is China National Nuclear Power a public or private company?
China National Nuclear Power is a public company. It is classified as public and is currently operating.
When was China National Nuclear Power founded?
China National Nuclear Power was founded in 1955. It employs 5,001 to 10,000 people.
Where is China National Nuclear Power based?
China National Nuclear Power is headquartered in Beijing, China, in the Asia region.
How does China National Nuclear Power make money?
Four revenue lines are on record. Nuclear Power Generation is the primary driver. The others are technical Services, nuclear Technology Export and nuclear Applications.
Who are China National Nuclear Power's main competitors?
Direct peers on record are Rosatom, Westinghouse Electric Company, Korea Hydro & Nuclear Power (KHNP), Framatome, Cameco Corporation, Orano (formerly Areva) and China General Nuclear Power Group (CGN). Emerging players are BWX Technologies (BWXT) and TerraPower. Électricité de France (EDF) is listed as a broad incumbent.
Does China National Nuclear Power have an API?
No public API is recorded for China National Nuclear Power.
What industry is China National Nuclear Power in?
China National Nuclear Power's product category is Nuclear Power Generation. Its primary akta.pro industry code is EUAKADAB, Gen III/III+ Reactor Systems & Components, with a secondary code of EUACADAK, Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication). Its NAICS code is 221113 and its SIC code is 4991.