Zenergy Battery Tech (Ticker: 3677 HK) is a China-domiciled company specializing in the research, development, production, and sales of lithium-ion battery products, primarily for electric vehicles (EV) and energy storage systems (ESS). Zenergy provides integrated battery solutions including cells, modules, and packs.
The company plans its IPO on the Hong Kong Stock Exchange Main Board on April 14, 2025, offering shares at HKD 8.27 each. This H-Share listing involves a global offering expected to raise approximately HKD 1.005 billion (USD 129.3 million), based on the total estimated offer shares and price, with 10% allocated to the Hong Kong public offer. Zenergy held a 1.8% market share among EV battery manufacturers in China by installation capacity in 2024. Sponsors include CMB International Capital Limited and China International Capital Corporation Hong Kong Securities Limited.