China Nuclear Power: Hainan nuclear power, a subsidiary, is

In view of the loss of Hainan nuclear power for many years, CNNC (601985) replied to investors on the interactive platform on the 27th that the construction cost of Hainan nuclear power is higher than that of the same type of units in the mainland due to the influence of island characteristics, and the fixed cost is higher after being put into operation. Due to the limited load capacity of Hainan power grid, Hainan nuclear power has been unable to complete the full power operation after two units are put into operation, which affects its surplus level. With the solution of the problem of large generators and small networks this year, as well as the overhaul and optimization and internal potential tapping, Hainan nuclear power’s power generation in the first three quarters of 2019 increased by 21.19% year on year, and it is estimated that this year it will be able to turn losses into profits.