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China General Nuclear Power Group
China General Nuclear Power Group (CGN) (), formerly China Guangdong Nuclear Power Group (), is a Chinese state-owned energy corporation under the SASAC of the State Council. In China, CGN operates nuclear plants at Daya Bay Nuclear Power Plant, Ling Ao Nuclear Power Plant, Hongyanhe Nuclear Power Plant and Ningde Nuclear Power Plant, with five new nuclear power stations under construction and another two planned. CGN operates in wind energy and solar energy, as well as hydroelectricity. CGN operates power generation plant of the following capacities: nuclear 8.3 GW, wind 4.7 GW, hydro 4.0 GW and solar 600 MW. History China Guangdong Nuclear Power Holding Co., Ltd. (CGNPC) was established in September 1994 with a registered capital of RMB 10.2 billion with nuclear power as its core business. With CGNPC as its core enterprise, China Guangdong Nuclear Power Group (CGNPG) comprises more than twenty wholly owned or controlling subsidiaries. In April 2009, a fund run by Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Nuclear Corporation
The China National Nuclear Corporation (CNNC; ) is a state-owned enterprise founded in 1955 in Beijing. CNNC's president and vice-president are appointed by the Premier of the People's Republic of China. CNNC oversees all aspects of China's civilian and military nuclear programs. According to its own mission statement, it "is a main part of the national nuclear technology industry and a leading element of national strategic nuclear forces and nuclear energy development." CNNC is a nationwide industrial conglomerate integrating science, technology, industry, and international trade. Its headquarters are in Xicheng District, Beijing. History The Ministry of Nuclear Industry built China's first atom bomb, hydrogen bomb and nuclear submarine. It functioned as a government bureau for the national nuclear industry and reported directly to the State Council. It oversaw China's nuclear-related corporations, manufacturers, institutions, research institutes, and plants, including those ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ningde Nuclear Power Plant
Ningde Nuclear Power Plant () is a nuclear power plant in Fujian province, China. The site is located in Beiwan village in the town of Qinyu, Fuding, Ningde, Fujian. The plant will ultimately have six 1,080 megawatt (MWe) CPR-1000 pressurized water reactors (PWRs). The first reactor began operation on 18 April 2013.The Ningde Nuclear Power project was approved by the National Development and Reform Commission (NDRC) in 2007. The project is 51% funded by the Guangdong Nuclear Investment Company Ltd, with Datang International Power Generation Co and the Fujian Coal Group completing the shareholding. A total investment of 52 billion yuan (US$7.6 billion) should result in the completion of Ningde Phase I. Including the final two units of Phase II, the total cost will exceed 70 billion yuan. The four units of Phase I will generate about 30 billion kilowatt hours per year, for which the plant will charge 0.37 yuan/kW·h (11 billion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Najib Razak
Dato' Sri Haji Mohammad Najib bin Tun Haji Abdul Razak ( ms, محمد نجيب بن عبد الرزاق, label= Jawi, script=arab, italic=unset, ; born 23 July 1953) is a Malaysian politician who served as the 6th prime minister of Malaysia from April 2009 to May 2018. In 2020, he was convicted of corruption in the 1Malaysia Development Berhad scandal, one of the largest money-laundering scandals in history. He is the son of former prime minister Abdul Razak Hussein. Najib Razak was the chairman of the Barisan Nasional (BN) coalition from April 2009 to May 2018 and the president of the United Malays National Organisation (UMNO) from November 2008 to May 2018, which had maintained control of Malaysia's government with a parliamentary majority for more than sixty years until the coalition's defeat in the 2018 general election. Najib was elected to the Parliament of Malaysia in 1976, at the age of 23, replacing his deceased father in the Pahang-based seat of Pekan. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysian Prime Minister
The prime minister of Malaysia ( ms, Perdana Menteri Malaysia; ms, ڤردان منتري مليسيا, label= Jawi, script=arab, italic=unset) is the head of government of Malaysia. The prime minister directs the executive branch of the federal government. The Yang di-Pertuan Agong appoints as the prime minister a member of Parliament (MP) who, in his opinion, is most likely to command the confidence of a majority of MPs; this person is usually the leader of the party winning the most seats in a general election. After the formation of Malaysia on 16 September 1963, Tunku Abdul Rahman, the chief minister of the Federation of Malaya, became the first prime minister of Malaysia. Appointment According to the Federal Constitution, the Yang di-Pertuan Agong shall first appoint a prime minister to preside over the Cabinet. The prime minister is to be a member of the Dewan Rakyat (House of Representatives), and who in his majesty's judgment is likely to command the confidence of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Malaysia
The Government of Malaysia, officially the Federal Government of Malaysia ( ms, Kerajaan Persekutuan Malaysia), is based in the Federal Territory of Putrajaya with the exception of the legislative branch, which is located in Kuala Lumpur. Malaysia is a federation comprising the 11 States of Malaya, the Borneo States of Sabah and Sarawak, and 3 Federal Territories operating within a constitutional monarchy under the Westminster system and is categorised as a representative democracy. The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, and has three branches: executive, legislature and judiciary. The state governments in Malaysia also have their respective executive and legislative bodies. The judicial system in Malaysia is a federalised court system operating uniformly thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1Malaysia Development Berhad Scandal
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, describes a corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. International in scope, it implicated political, banking and entertainment figures and institutions and led to criminal investigations in several countries. The 1MDB scandal has been described as "one of the world's greatest financial scandals" and declared by the United States Department of Justice as the "largest kleptocracy case to date" in 2016. In 2015, a document leak reported in ''The Edge'', '' Sarawak Report'', and ''The Wall Street Journal'' showed that Malaysia's then-Prime Minister Najib Razak had channeled over RM (approximately US$) into his personal bank accounts from 1MDB, a government-run strategic development company. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1Malaysia Development Berhad
1Malaysia Development Berhad (1MDB; ) is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). 1MDB was established to drive strategic initiatives for long-term economic development for the country by forging global partnerships and promoting foreign direct investment. ''Berhad'' is a Malay term indicating a public limited company. 1MDB focuses on strategic development projects in the areas of energy, real estate, tourism and agribusiness. 1MDB was involved in several high-profile projects such as the Tun Razak Exchange, Tun Razak Exchange's sister project Bandar Malaysia, and the acquisition of three independent power producers. Since 2015, the company has been under heavy scrutiny for its suspicious money transactions and evidence pointing to money laundering, fraud, and theft. A lawsuit filed by United States Department of Justice (DOJ), alleged that at least US$3.5 billion has been stolen from Malaysia's 1M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EDF Energy
EDF Energy is a British integrated energy company, wholly owned by the French state-owned EDF (Électricité de France), with operations spanning electricity generation and the sale of natural gas and electricity to homes and businesses throughout the United Kingdom. It employs 11,717 people, and handles 5.22 million business and residential customer accounts. History EDF Energy Customers (trading as EDF) is wholly owned by the French state owned EDF (Électricité de France) and was formed in January 2002, following the acquisition and mergers of SEEBOARD plc (formerly the South Eastern Electricity Board), London Electricity plc (formerly the London Electricity Board or LEB), SWEB Energy plc (formerly the South Western Electricity Board) and two coal fired power stations and a combined cycle gas turbine power station. In 2009, EDF took control of the nuclear generator in the United Kingdom, British Energy, buying share capital from the government. This made EDF one of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Megawatts
The watt (symbol: W) is the unit of power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kg⋅m2⋅s−3. It is used to quantify the rate of energy transfer. The watt is named after James Watt (1736–1819), an 18th-century Scottish inventor, mechanical engineer, and chemist who improved the Newcomen engine with his own steam engine in 1776. Watt's invention was fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one metre per second against a constant opposing force of one newton, the rate at which work is done is one watt. : \mathrm In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potential difference of one volt (V), meaning the watt is equivalent to the volt-ampere (the latter unit, however, is used for a different quantity from the real power of an electrical circuit). : \m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xinhua
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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