CGN Power announces leadership transition, new president appointed

CGN Power Co., Ltd. announced the retirement of Gao Ligang from his roles as executive director, president, and authorized representative, effective December 11, 2025. This move is due to reaching the age of retirement. Gao also stepped down from the nuclear safety committee of the board. The company expressed gratitude for his contributions, confirming his resignation will not impact normal operations or board quorum.

In a related move, Pang Songtao was appointed as a member of the nuclear safety committee, president, and an authorized representative, effective December 11, 2025. Concurrently, Pang's role on the board was re-designated from a non-executive director to an executive director. His term as president will run until December 31, 2027. Pang, born in 1971, brings over 30 years of experience in the nuclear power industry, having held various leadership positions within China General Nuclear Power Corporation and its subsidiaries since 2012.

Pang, who has a master's degree and is a senior engineer, does not hold any other directorships or supervisorships in listed companies in Hong Kong or overseas within the last three years. His remuneration package has been approved by the board and is in line with State-owned Assets Supervision and Administration Commission standards.