Core Viewpoint - N Huaxin has been listed today with an opening price of 5.50 yuan, reflecting a significant increase of 72.96% from its issue price [1] Company Overview - N Huaxin is the only platform for the integration of China Huadian's wind power and solar power businesses, focusing on the development, investment, and operation of renewable energy projects [1] - The company's main business includes wind power and solar power generation, and it actively engages in social responsibility initiatives, contributing to economic development, rural revitalization, and environmental actions [1] Financial Highlights - The total number of shares issued by the company is 4.969 billion, with an online issuance of 2,194.617 million shares at an issue price of 3.18 yuan per share [1] - The issue price corresponds to a price-to-earnings (P/E) ratio of 15.28, which is lower than the industry average P/E ratio of 17.84 [1] - The total funds raised from the initial public offering (IPO) amount to 15.801 billion yuan, primarily allocated to wind power and solar power projects and to supplement working capital [1] Recent IPO Performance - The first-day performance of newly listed stocks shows that N Huaxin's opening price increased by 72.96%, indicating strong market interest [1] - Comparative data of recent IPOs highlights that N Huaxin's performance is notable among other newly listed companies in various sectors [1]
N华新上市首日开盘上涨72.96%