On June 10, 2015, China National Nuclear Power Co., Ltd. is successfully listed on Shanghai Stock Exchange. The abbreviation of its share is CNNP, and its stock code is “601985”. It’s the first pure nuclear power company on the A-share market. Jingtian & Gongcheng is the legal counsel of the underwriter of the listing.

CNNP issues 3.891 billion shares at a price of 3.39 yuan/share. Net proceeds from the listing are 12,991,887,800 yuan and is the biggest IPO for a company or a SOE on A-share market in the last five years.

CNNP’s business scope covers the development, investment, construction, operation and management of nuclear power plants, research on safety technologies of nuclear power operation, technology services and consultation, etc. It is China’s major investor in nuclear power plants in operation or under construction. It has 14 holding subsidiary companies, 1 joint venture, and 1 company with minority stake, with 12 operating nuclear power units with and installed capacity of 9773 MWe as well as 11 nuclear power units under construction with an installed capacity of 11592 MWe. Up till now, the installed capacity of nuclear power controlled by CNNP is no. 1 on the domestic market, and its total assets are over 230 billion yuan.