CSRC approves Huaneng Power International's IPO registration on the Shanghai Stock Exchange Main Board.

On May 16, the China Securities Regulatory Commission issued a reply approving the initial public offering registration of Huadian New Energy Group Co., Ltd. The Shanghai Stock Exchange official website shows that Huadian New Energy's sponsoring institutions are China International Capital Corporation Limited and Huatai United Securities Co., Ltd., the audit firm is Ernst & Young Hua Ming Certified Public Accountants LLP, and the law firm is Beijing JunHe LLP. Public information shows that the company is the only platform for the final integration of the new energy businesses of China Best Wind Power Generation and CECEP Solar Energy Generation. The company's main business is the development, investment, and operation of wind power and CECEP Solar Energy-based new energy projects, with electricity as the main product. The company's main assets are distributed in all 31 provinces (municipalities directly under the central government, autonomous regions) in China, covering regions with abundant wind and solar resources and strong demand for electricity consumption, making it one of the largest new energy companies in China. As of June 30, 2024, the company's controlled power generation projects have an installed capacity of 54,026.5 MW, including 27,515.8 MW of wind power and 26,510.7 MW of CECEP Solar Energy generation.