CGN Mining

Primary ticker: HKSE:1164
Stage of development: /
Commodity: Uranium
Project to promote: /

Live financials

CGN Mining is one of the listed arm of CGN Group, which is the 3rd largest nuclear power group in the world. CGN Mining is positioned as the sole investment and financing platform of CGN Group for developing the overseas uranium resources. CGN Mining is the largest uranium group listed in Hong Kong and mainly engaged in developing and trading uranium resources used by nuclear energy enterprises. CGN Mining is interested in 49% equity in Semizbay-U and 49% of off-take rights of its products. CGN Mining is also interested in 19.89% equity in Fission Uranium Corp, a Canadian company, and 20% of off-take rights of its future uranium products and additional 15% of off-take rights of products. In addition, CGN GU, a wholly owned subsidiary of CGN Mining, is focused on the oversea trading of uranium resources and owns a whole range of international sales channels.

Management Profile

Chen Desahois, Executive Director & CFO

Mr. Chen has over 22 years working experience in financial management field. He is currently the Executive Director and CFO of CGN Mining (HKG: 1164) and serves as the chief accountant of the nuclear fuel division of CGNPC and CGNPCURC. Mr. Chen also serves as the director of Semizbay-U, Fission and certain subsidiaries of CGNPC Uranium Development, including China Uranium Development, Swakop, Energy Metals Limited (ASX: EME), etc. Mr. Chen graduated with a bachelor degree of economics in accounting from Anhui Finance and Trade College and a master degree of accounting from Xiamen University.

What is your rationale for attending 121 Mining Investment?

Hope to meet with more specific investors who are interested in uranium sector.