Warm congratulations to CGN Power on its H-share listing
Issue Time: 2014-12-10 Source：CEA Author：CEA
On December 10, 2014, the world’s first nuclear power share CGN Power (01816.HK) debuted on the Hong Kong Exchanges and Clearing Limited. CGN Power raised HKD 24.53 billion in the IPO, setting a record of fundraising of H-shares in 2014 and dubbing as the “fundraising king” of H-shares. In the prospectus stage, the freezing amount of the funds reached HKD 350 billion, also ranking the first slot in terms of freezing amount of funds of H-shares. CGN Power is the largest nuclear energy producer in China. Currently, it operates 11 nuclear power units with a total installed capacity of 11,624 MW and a total of equity capacity of 7,888 MW, which are located in Shenzhen (including the Daya Bay Nuclear Power Station), Yangjiang City of Guangdong, Fuding City of Fujian and Dalian City of Liaoning Province.
The Company exclusively undertook the assets appraisal of CGN Power’s listing. The well-organized project team worked diligently, overcame many problems, such as tight schedule, highly specialized nature of assets and heavy task, and issued a professional quality appraisal report. The entrusting party and relevant regulators thought highly of our work. The Company would take this opportunity to warmly celebrate the CGN Power’s successful listing.