Haitai Solar listed on Beijing stock exchange

Chinese solar module and photovoltaic system technology manufacturer Haitai New Energy Technology Co. Ltd. (Haitai Solar) has been listed on the Beijing Stock Exchange since Monday (Aug. 8), according to its own announcement. The Beijing Stock Exchange (BSE) was established in September 2021, and trading began in November of the same year. It is designed to support small and medium-sized enterprises in particular.
Haitai Solar has an annual solar module production capacity of eight gigawatts. The IPO saw 53.82 million shares issued at 9.05 renminbi yuan ($1.34) each, for a total volume of 487.071 million yuan ($71.969 million). The company did not release further information on the IPO. The share price rose to 12.65 yuan ($1.87) on the first trading day.

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