On July 16, Huadian New Energy officially rang the bell for listing. The issue price of Huadian New Energy was 3.18 yuan per share, with a price-to-earnings ratio of 15.28 times. After the opening bell, Huadian New Energy surged by 124.8%, triggering a temporary trading halt, and its market capitalization reached 292.9 billion yuan. Among PV publicly listed firms, it ranked above Sungrow and LONGi Green Energy Technology, becoming the third publicly listed firm with a market capitalization exceeding 100 billion yuan so far.