Mission Statement, Vision, & Core Values (2026) of China National Nuclear Power Co., Ltd.

Standing at the forefront of China's energy transformation, China National Nuclear Power Co., Ltd. channels a clear mission to 'develop the nuclear industry to strengthen the country and serve society' and a bold vision to be 'a global leader in nuclear technology,' operating with core values of responsibility, safety, innovation and collaboration; as of late 2025 the company manages a total installed capacity of 19.112 GW, boosted by a strategic R&D push that saw expenditure rise to RMB 1.2 billion in 2023 and concrete sustainability gains including a 40% reduction in greenhouse gas emissions per unit of energy produced versus 2015, while forging international ties through joint ventures with three global energy firms in 2023 to accelerate third‑generation reactor deployment and AI‑driven operational systems.

China National Nuclear Power Co., Ltd. (601985.SS) - Intro

• Established role: Developer, constructor and operator of commercial nuclear units across multiple provinces in China.
• Installed capacity (late 2025): 19.112 GW of operating nuclear generation capacity.
• Expansion focus: Active construction of additional units to grow capacity and increase contribution to China's electricity mix.

• Mission: Provide safe, reliable and low-carbon baseload power to support China's energy security and industrial development while advancing nuclear technology.
• Vision: Be a world-class nuclear power operator and technology innovator that delivers sustainable energy solutions and industry-leading safety performance.
• Core values:
  • Safety First - rigorous nuclear safety culture and regulatory compliance.
  • Quality Foremost - engineering and operational excellence across the asset lifecycle.
  • Pursuit of Excellence - continuous improvement, operational reliability and professional development.
  • Innovation - invest in R&D, digitalization and next‑generation reactor technology.
  • Collaboration - domestic and international partnerships to raise standards and share best practice.

• Safety and compliance: embed "Safety First, Quality Foremost, and Pursuit of Excellence" into all operating and decision-making processes.
• Capacity growth: complete under-construction units and prepare pipelines to reach higher GW scale.
• R&D and technology: accelerate third‑generation reactors, SMR pilot projects and AI-driven operational systems.
• Environmental performance: reduce lifecycle emissions intensity and align operations with China's carbon goals.
• Partnerships: deepen international joint ventures and knowledge-sharing for safety and technical standards.

• Reporting lines and oversight aligned with CNNC and national regulatory frameworks to ensure independent safety assurance.
• Operational metrics emphasize capacity factor, forced outage rates and continuous improvement of maintenance regimes.
• Investment in human capital and technical training to sustain a nuclear‑qualified workforce.

• Transparency in operational KPIs, safety records and project schedules to regulators, partners and markets.
• Strategic communication of R&D outcomes and international cooperation to attract technical partners and institutional investors.

China National Nuclear Power Co., Ltd. (601985.SS) - Overview

• National-strength emphasis: CNNP positions nuclear power as a strategic asset for China's energy security and industrial competitiveness, supporting stable baseload generation and long-term energy independence.
• Societal service: the company commits to delivering safe, reliable and low-carbon electricity to industry and households, aligning with national public-good responsibilities.
• Technological advancement: continuous reactor technology improvement, fuel-cycle capability and digital operation upgrades are core to fulfilling the "develop the nuclear industry" mandate.
• Policy alignment: CNNP's mission directly supports China's broader targets for energy security, air-quality improvement, and carbon peak/carbon neutrality goals.

• Prioritizing safety culture, regulatory compliance, and third-party verification to minimize nuclear and radiological risks.
• Investing in SMR (small modular reactor) and advanced reactor R&D and participating in next-generation reactor demonstration projects.
• Expanding nuclear-generated electricity share in regional grids to displace coal-fired generation and lower CO2 intensity.
• Pursuing efficiency and cost-control measures across construction, operation and supply-chain to improve returns and grow company value for shareholders.

• The mission has remained stable over time, reflecting an enduring role: scale nuclear capacity, improve technology, and serve societal energy needs.
• Long-horizon capital planning for multi-decade asset lives (typical of nuclear plants) ensures investments and corporate governance are mission-centric.
• Financial and operational decisions are weighted toward reliability, regulatory compliance, and societal trust-necessary for public acceptance and sustainable growth.

China National Nuclear Power Co., Ltd. (601985.SS) - Mission Statement

• Delivering safe, efficient and sustainable nuclear power generation as a core public energy service.
• Driving technological innovation across reactor design, fuel cycle management, digital operations and nuclear safety systems.
• Expanding international cooperation and project delivery to reinforce a global leadership role in nuclear technology.
• Balancing commercial performance with state-level objectives for energy security and carbon neutrality.

• Technological advancement - continuous investment in advanced reactor designs, SMR (small modular reactor) research and digital/AI-enabled operations to boost safety and economic performance.
• Global influence - exporting expertise, participating in overseas projects and establishing international partnerships to broaden China's role in the global nuclear industry.
• Operational excellence - aiming for world-class capacity factors, ultra-low outage rates and rigorous safety culture across all operating units.
• Alignment with national goals - contributing materially to China's energy security and carbon peaking/carbon neutrality timelines through high-capacity, low-carbon nuclear generation.

• R&D prioritization: continued funding to reactor innovation (including large PWRs and SMRs), digital twin and human factors engineering to reduce outage times and increase margin.
• International expansion: project export, EPC participation and supply-chain integration to capture global nuclear-demand growth.
• Decarbonization contribution: displacing coal- and gas-fired generation at scale to reduce national CO2 intensity per kWh.
• Governance & safety: investing in independent safety oversight, workforce training and emergency preparedness to sustain public trust and regulatory compliance.

China National Nuclear Power Co., Ltd. (601985.SS) - Vision Statement

• Responsibility - Uphold ethical governance, transparent reporting, and accountability across operations, asset management, and community engagement.
• Safety - Maintain nuclear safety as the non-negotiable core principle, driving operational protocols, training, and investment to minimize risk to employees, the public, and the environment.
• Innovation - Invest in R&D, advanced reactor technologies, digitalization, and efficiency improvements to sustain competitiveness and lifecycle performance.
• Collaboration - Strengthen domestic and international partnerships across government, industry, research institutions, and supply chains to scale nuclear deployment and share best practices.

• Safety investments - ongoing upgrades to instrumentation, emergency systems, and personnel training programs; multi-year budgets prioritized toward safety-critical projects.
• Innovation pipeline - deployment and testing of advanced reactor designs, digital operation centers, and lifecycle management tools to improve capacity factors and reduce O&M costs.
• Responsibility & governance - adherence to national nuclear regulatory standards, ESG disclosure enhancements, and stakeholder engagement frameworks aligned with international best practices.
• Partnerships & collaboration - joint ventures, supplier development programs, and research consortia to accelerate component localization and supply-chain resilience.

• Capacity factor goal - maximize plant utilization to industry-leading levels (target: high 80s-90s % range per unit).
• Project delivery - pipeline completion on schedule/budget for new reactors and uprate projects (measured annually).
• R&D outcomes - measurable efficiency gains and safety enhancements from funded projects within 3-5 year horizons.
• ESG metrics - improved disclosure, reduced lifecycle environmental impact, and community investment commitments tracked year-over-year.