On July 16, Huadian New Energy Group Co., Ltd. (hereinafter referred to as “Huadian New Energy”), a subsidiary of China Huadian Corporation, made its initial public offering (IPO) on the Shanghai Stock Exchange’s main board under the stock code 600930. With an expected fundraising scale of 18.171 billion yuan, it has become the largest new energy listing on the A-share market and the first trillion-yuan market-cap listed company under China Huadian.
