CGN, CLP deepen strategic partnership
A framework agreement of intent for deepening their strategic partnership was inked between China General Nuclear Power Corporation (CGN) and CLP Holdings at Yangjiang Nuclear Power Plant in Guangdong province on May 21.
Gao Ligang, president of CGN Power Co, and Betty Yuen So Siu-mai, director of CLP Holdings, were the signatories.
Gao Ligang, president of CGN Power Co (R) and Betty Yuen So Siu-mai, director of CLP Holdings sign a framework agreement of intent for deepening the strategic partnership in Yangjiang, Guangdong province on May 21.
CGN Chairman He Yu and Michael Kadoorie, chairman of CLP, witnessed the signing. The two leaders recalled together their groups' intimate cooperation over 30 years since the construction of the Daya Bay Nuclear Power Plant and the "Century Covenant" between late Chinese leader Deng Xiaoping and Lord Lawrence Kadoorie, while expressing expectations for broader cooperation in the future.
Michael Kadoorie stated that the signing of this strategic partnership agreement will enable CLP and CGN to further explore cooperation opportunities and strengthen the relationship between Hong Kong and the Chinese mainland.
CGN Chairman He Yu (R) meets with CLP Chairman Michael Kadoorie at Yangjiang Nuclear Power Plant in Guangdong province on May 21.
On behalf of all colleagues in CLP, he thanked CGN for its steadfast support during the past few decades. He hoped that the successful partnership will be handed down from generation to generation.
He Yu said that it is on the basis of cooperation over more than 30 years and the support from the Kadoorie family that the two parties could cooperate from Daya Bay to Yangjiang nuclear power projects.
Yangjiang Nuclear Power Plant has achieved outstanding performance in safety management, power marketing and engineering construction. The CGN chairman said he is confident of future cooperation and hopes that both sides will continue to maintain the well-established cooperative relations and strengthen mutual trust in future development as they seek better cooperation opportunities.
On the same day, He Yu also held talks with Richard Lancaster, chief executive officer of CLP Holdings.
Nuclear power has made important contributions to the social prosperity and environmental protection of Guangdong and Hong Kong.
CGN has attached great importance to its strategic cooperation with CLP, said He Yu. He hopes that both parties will continue to deepen cooperation in the field of nuclear power, maintain regular high-level communication mechanisms, share information and actively explore opportunities for cooperation in various forms on clean energy projects such as offshore wind power at home and abroad.
He also briefed participants on the latest development of CGN's nuclear power and new energy business.
CGN and CLP hold talks at Yangjiang Nuclear Power Plant in Guangdong province on May 21.
Lancaster congratulated CGN on its rapid development and good safety performance. While preserving commitments, CLP will consider the new agreement as a turning point to give full play to each party’s complementary advantages, continue to deepen the strategic partnership of friendship and mutual trust and deepen cooperation in a wider range of areas, including nuclear power and clean energy, said Lancaster.
Participants from both companies also toured the Yangjiang Nuclear Power Base and were informed of its construction and production.