A股3300亿光伏巨头，递表港交所

Core Insights - Yangguang Electric Power (300274) has submitted an application for listing on the Hong Kong Stock Exchange, with CICC as the exclusive sponsor [2] - The company aims to enhance its global strategy, improve its international brand image, and diversify its financing channels through this H-share issuance [2] - Yangguang Electric Power is one of the few companies in the photovoltaic industry that achieved growth in the first half of the year, primarily driven by its inverter, energy storage, and new energy investment businesses [2][3] Company Overview - Founded in 1997, Yangguang Electric Power focuses on photovoltaic inverters, energy storage systems, new energy investment, wind power conversion, and hydrogen equipment [3] - The company's main revenue sources are photovoltaic inverters (35.21%), energy storage systems (40.89%), and new energy investment (19.29%) [3] - The company's stock has seen significant growth, with a cumulative increase of over 62% in September, leading to a market capitalization exceeding 330 billion CNY [3] Fundraising Purpose - The funds raised from the H-share issuance will be allocated for R&D, including the development of next-generation photovoltaic and energy storage products, construction and upgrading of R&D centers, and establishing overseas production bases [2] - Additional funds will be used to accelerate digital transformation and for general corporate purposes [2]