Chinese companies are looking to Germany as a potential fundraising hub in order to revive the European market for global depositary receipts (GDRs).

Sungrow Power Supply Co., a renewable-energy firm, is planning to raise up to 4.88 billion yuan (approximately $680 million) in Frankfurt through the issuance of GDRs. This move indicates a renewed interest in European listings amidst changing market dynamics.

JinkoSolar Holding Co., a solar-panel manufacturer, has also announced its intention to offer up to 4.5 billion yuan in GDRs through a Shanghai-listed unit. These initiatives demonstrate a strategic effort by Chinese firms to access international capital markets and strengthen their presence in Europe, potentially benefiting from the region's investment landscape.