25, Sunshine Power Co., Ltd. announced that it intends to issue H shares and list them on the Hong Kong Stock Exchange.
It is reported that in the first half of 2024, Sunshine Power realized revenue of 43.533 billion yuan, an increase of more than 40% over the previous year, and net profit of 7.735 billion yuan, an increase of nearly 56% over the previous year. Among them, overseas business realized revenue of 25.379 billion yuan in the first half of the year, an increase of 88.32% over the previous year, accounting for 58%.
The industry believes that Hong Kong stocks have high financing efficiency and strong internationalization, and the logic of new energy valuation is closer to overseas markets. If Sunshine Power successfully lands in Hong Kong stocks, it is expected to optimize the shareholder structure, realize value revaluation, and further deepen the strategic layout of globalization.
As of the close of August 25, the A-share market value of Sunshine Power was 222.7 billion, ranking first in the photovoltaic sector .