CNNC International Limited (the "Company" and together with its subsidiary shall be referred to as the "Group") is a member of the China National Nuclear Corporation ("CNNC"). CNNC is a state-owned corporation and is the only PRC enterprise covering a full range of nuclear-technology industries. As the major investor and owner of nuclear power stations in China, CNNC is a principal in nuclear power development and related technology development, as well as a supplier of nuclear power designs, nuclear fuel and nuclear technology equipment.
CNNC became the controlling shareholder of the Company (formerly known as "United Metals Holdings Limited") on 5th November 2008. Following to the enlargement of its share capital on the same date and the top-up Placing and Subscription on 9th July, 2009, the Company is backed by strong cash flow for future development and investments.