Tomorrow, Shenzhen Stock Exchange's largest ever IPO is coming.

According to the current arrangement, there will be 2 new stocks available for subscription next week: one is a "little giant" in lightning arresters and insulators, and the other is a leading domestic new energy power generation operator. China Resources New Energy, which is scheduled for subscription next Monday, is the core platform under China Resources Group for investment and operation of photovoltaic power generation, and is also one of the major new energy power generation companies in China. The company's issue price this time is 10.11 yuan/share, with an online subscription limit of 632,000 shares. To subscribe at the maximum limit, a minimum of 6.32 million yuan in market value of Shenzhen shares is required, ranking first among the main board new stocks listed this year. China Resources New Energy is expected to have a relatively high allotment rate. This public offering of China Resources New Energy will issue 2.107 billion shares, accounting for approximately 16.20% of the company's total share capital after issuance. The company has granted CICC an overallotment option of up to 15.00% of the initial issue size. If the overallotment option is fully exercised, the total number of shares issued will increase to 2.423 billion shares, accounting for approximately 18.19% of the total share capital after issuance. The IPO of China Resources New Energy is expected to raise a total of 24.5 billion yuan, breaking the record for IPO financing on the Shenzhen Stock Exchange and surpassing the 2020 listing of Jinlongyu, becoming the largest IPO in the history of the Shenzhen Stock Exchange. The funds raised will be used for wind power and solar power projects. Since 2025, only Huadian Xineng and China Resources New Energy have issued more than 2 billion yuan in shares on the Shanghai and Shenzhen stock exchanges. The allotment rate for Huadian Xineng is approximately 0.56%, far higher than the average allotment rate of 0.04%.