Core Points - Huadian New Energy has submitted its IPO registration materials to the CSRC, marking a significant step towards its long-awaited listing [1] - The company had previously aimed to raise 300 billion yuan but has now reduced its fundraising target to 180 billion yuan, a decrease of 40% [1] - This trend of lowering IPO fundraising amounts has been common in 2024, with 75 companies collectively reducing their targets by 278.42 billion yuan [1][2] Group 1 - Huadian New Energy's IPO fundraising amount could potentially set a record for A-share IPOs in nearly a year, despite the reduction [2] - The current leading IPO fundraising amount in the market is only 34.95 billion yuan from Guohang Airlines, making Huadian New Energy's target five times larger [3][4] - The pressure on Huadian New Energy's industry peer, China Resources New Energy, has increased as it aims to raise 245 billion yuan, which would set a record for the Shenzhen Stock Exchange [4] Group 2 - Huadian New Energy reported a slight decline in profits, with 2024 revenue at 339.68 billion yuan and a net profit of 88.31 billion yuan, reflecting an 8.2% year-on-year decrease [5] - In 2024, Huadian New Energy has issued 8 bonds, raising a total of 155.4 billion yuan, indicating ongoing capital-raising efforts amid a slowing IPO market [5]
百亿项目时隔近2年再推进！ 华电新能IPO步入注册环节募资大缩水
Hua Er Jie Jian Wen·2025-03-26 09:12