Bright start for AIM-listed Auhua

Barely pronouncable solar power firm Auhua Clean Energy enjoyed a solid first day of trading on AIM on Monday, finishing the day more than a tenth above its listing price.

The company raised £1m through a flotation of shares at 40p each, Shares opened 4p higher on Monday, before closing at an intra-day high of 44.5p.

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It currently operates exclusively in China and has a strong presence in more than 60 cities. The group's workforce numbers more than 270, and it has one factory in Jinan City and one new factory in Rushan City.

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