SPIC Nuclear and China First Heavy Industries Form Laizhou Nuclear JV with RMB 10 Billion Capital
SPIC Nuclear Power (Laizhou) Nuclear Energy Co. , Ltd. has recently been established with registered capital of RMB 10 billion.
The company's business scope includes integrated nuclear power equipment and engineering technology research and development, energy storage technology services, special equipment leasing, and leasing services excluding licensed leasing activities.
In terms of equity structure, the company is jointly held by SPIC Nuclear Energy Co. , a wholly owned subsidiary of SPIC Industry-Finance Holdings, and China First Heavy Industries Group Co. , among others.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Nuclear Equipment, with intensity 60/100 and 75% confidence over a medium term horizon.
Nuclear Equipment
- Direction
- positive
- Intensity
- 60
- Confidence
- 75%
- Horizon
- Medium term
Nuclear Power
- Direction
- positive
- Intensity
- 50
- Confidence
- 70%
- Horizon
- Long term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 40
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.