China Unicom Releases Pilot Program for Mixed Ownership Reform on August 20, 2017

China Unicom released a pilot program for mixed ownership reform on August 20, 2017. [Photo/sasac.gov.cn]

China Unicom releases pilot program for mixed ownership reform on August 20, 2017

China United Network Communications Group Co., Ltd. (China Unicom) issued a special announcement on mixed ownership reform on August 20, 2017.

The company used non-public issuance and equity transfer to introduce strategic investors in the industry, including large internet companies, industry leading companies, powerful industrial groups, financial companies and industry investment funds.

As the first central SOE group to carry out pilot reform, China Unicom has already made useful explorations for development of mixed ownership.

Reactor pressure vessel of Hualong One nuclear project is delivered on August 20, 2017

The Hualong One nuclear project's reactor pressure vessel (RPV) of the No. 5 unit of Fuqing nuclear power plant, manufactured by China First Heavy Industries (CFHI), was successfully completed and delivered on August 20, 2017.

The delivery indicated that China at that time had the ability to independently design and manufacture third-generation nuclear power facilities.

The RPV is the core of nuclear power facilities.

The successful manufacture of the Hualong One reactor pressure vessel achieved the organic unity of advancement and maturity of China's nuclear power as well as a balance between safety and economical efficiency, and provided a strong facility manufacturing guarantee for the going global of China's nuclear power industry.

China's most eastern inhabited island achieves power supply and internet connection with the mainland on August 20, 2017

The 12.34 km 10 kV submarine cable project from Miaozi Lake to Dongfu Mountain was successfully completed by State Grid Corporation of China (SGCC) on August 20, 2017, completing power supply and internet connection between the mainland and Dongfu Mountain of Dongji Island, China's most eastern inhabited island.

Dongfu Mountain uses the Zhoushan power grid as its main power source and the Dongji power plant as a backup.

It is integrated into the large power grid through the Zhoushan power grid to achieve full internet coverage of Dongji Islands.

All the islands of Zhoushan have now realized the transition from the isolated old-fashioned diesel unit network to 24/7 mainland submarine cable power supply, and are part of the large power grid era.

(Executive editor: Hao Wen)