China Resources New Energy (001248.SZ) successfully listed on the Shenzhen Stock Exchange today.
On July 2nd, accompanied by the loud ringing of the bell, China Resources New Energy (001248.SZ) successfully listed on the Shenzhen Stock Exchange, officially completing its initial public offering on the A-share market and commencing trading.
On July 2nd, with the sound of a loud bell, China Resources New Energy (001248.SZ) successfully listed on the Shenzhen Stock Exchange, officially completing its initial public offering in the A-share market. Tao Yongxin, member of the Standing Committee of the Shenzhen Municipal Committee and Vice Mayor, Wang Xiangming, Wang Cuijun, Han Yuewei, Lan Yi, Zhou Xianghua, Cheng Yongping, and Wang Jinqiang, leaders of China Resources Group, as well as executives from various departments, business units, direct subsidiaries, CHINA RES POWER, and China Resources New Energy, government officials, intermediaries, and partners attended the listing ceremony.
At the ceremony, Wang Xiangming, Chairman of China Resources Group, expressed his hope that China Resources New Energy will take this listing as a new opportunity to firmly shoulder the mission of green development for central enterprises, and to repay shareholders and the society's trust and support with even better performance. China Resources Group will continue to provide support and contribute more to the construction of a strong energy country and a beautiful China. Shi Baofeng, Chairman of the Board of Directors of CHINA RES POWER and Chairman of China Resources New Energy, stated that this listing on the A-share market is a significant milestone in the development history of China Resources New Energy. In the future, China Resources New Energy will strive to build an outstanding listed company with outstanding profitability, stable performance growth, and rich shareholder returns, and to reward every trust and support with practical results.
On the day of listing, China Resources New Energy opened at 21.60 yuan, a 113.65% increase from the issue price of 10.11 yuan. By the close of trading, the stock price was 23.95 yuan, up 136.89%, with a total market value exceeding 310 billion yuan, placing it among the top listed new energy generation companies in the A-share market. As the first "red chip returning to A" project on the main board under the comprehensive registration system, China Resources New Energy raised approximately 24.5 billion yuan, setting a record for the largest fundraising scale in the A-share power generation industry and on the Shenzhen Stock Exchange through IPO.
Since its establishment, China Resources New Energy has been focusing on the development of new energy businesses, with projects widely distributed in regions with abundant wind and solar resources and advantageous power consumption. By the end of 2025, China Resources New Energy's business covers 31 provinces, autonomous regions, municipalities directly under the central government, and special administrative regions, with a controlling grid-connected installed capacity of 41,589.9 MW.
Standing at a new starting point, China Resources New Energy will continue to fulfill its responsibilities as a central enterprise in the energy sector, continuously strengthen its comprehensive competitive strength, expand its new energy generation capacity, accelerate the landing and conversion of high-quality projects, enhance fine-grained operational management, and strive to create a world-class new energy enterprise with core competitiveness, contributing to the construction of China's new energy system.
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