This lithium battery giant files for listing on the Hong Kong Stock Exchange, aiming for a main board listing.
Recently, Jiangsu Zhengli New Energy Battery Technology Co., Ltd., a leading lithium battery manufacturer from Changshu, Jiangsu Province (referred to as "Zhengli New Energy"), filed a prospectus with the Hong Kong Stock Exchange, aiming for an IPO listing on the Hong Kong Main Board.
Data shows that Zhengli New Energy was founded in 2019 and is a lithium-ion battery manufacturer, primarily focusing on the sales of battery products for electric vehicles. It offers an integrated solution for cells, modules, battery packs, battery clusters, and battery management systems, committed to expanding the large-scale application of electrochemical products under the interconnected land, sea, and air networks.According to the Frost & Sullivan report, as of the first eight months of 2024, Zhenli New Energy ranks No.9 in the domestic power battery market in terms of installed capacity, No.8 in the lithium iron phosphate power battery market, and No.9 in the ternary power battery market. Based on the year-on-year growth rate of installed capacity from 2022 to 2023, Zhenli New Energy is ranked No.2 among the top ten companies in the domestic power battery market for installed capacity, and No.1 among the top ten companies in the lithium iron phosphate power battery market for installed capacity.