New stock news | Eve Energy Co., Ltd. (300014.SZ) submits documents to the Hong Kong Stock Exchange, focusing on consumer batteries, power batteries, and energy storage batteries.

date
30/06/2025
avatar
GMT Eight
On June 30th, Huizhou Yiwei Lithium Energy Co., Ltd. (300014.SZ) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC Securities as its exclusive sponsor.
According to the disclosure of the Hong Kong Stock Exchange on June 30th, Huizhou Eve Energy Co., Ltd. (300014.SZ) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its sole sponsor. The prospectus shows that Eve Energy Co., Ltd. has been deeply involved in the lithium battery field, with a three-dimensional research and development and market system that mutually reinforces and penetrates each other, while also possessing core technology and comprehensive solutions for consumer batteries, power batteries, and energy storage batteries. The company has strong competitiveness in the three major business areas of consumer batteries, power batteries, and energy storage batteries, establishing a comprehensive research and development platform covering materials, battery cores, BMS, and systems. Its products are widely used in smart living, green transportation, energy transformation, and other areas. With the wave of electrification and intelligence, the demand in the consumer battery market is steadily growing, downstream demand for power batteries is increasing significantly, and the global energy storage industry is also accelerating the construction of new formats. According to Frost & Sullivan's statistics, the market size of the consumer battery industry in terms of output volume is expected to increase from 217 billion units in 2025 to 551 billion units in 2029, with a compound annual growth rate of 26.2%; the total output volume of global electric vehicle batteries is expected to increase from 1,376.4GWh in 2025 to 3,548.3GWh in 2029, with a compound annual growth rate of 26.7%; and the global energy storage battery output volume is expected to increase from 479.2GWh in 2025 to 1,101.3GWh in 2029, with a compound annual growth rate of 23.1%. The company has long-term deep cooperation with the top three global electric tool manufacturers, covering over 80% of the top ten global electric tool companies and over 60% of the top 20 global new energy passenger car suppliers. Well-known customers in the consumer battery sector include Samsung, Stanley Black & Decker, Bosch, Xiaomi, SF Group, and Smartmore; well-known car manufacturer customers include international brands like BMW, Mercedes-Benz, Jaguar Land Rover, as well as well-known Chinese automakers Guangzhou Auto, FAW, Changan, and new energy startups like XPeng and Leapmotor, and commercial vehicle customers like Sany Heavy Truck, Geely Yuan Cheng, Dongfeng Commercial Vehicle, etc. In terms of production capacity, the company has eight advanced production bases equipped with information technology and digital technology, as well as two under-construction production bases, to provide quality full-scenario battery solutions to global customers. By 2024, the company's consumer battery output is expected to reach 2.1 billion units, with a total output of 80.7GWh for power and energy storage batteries. In terms of performance, in the fiscal years 2022, 2023, and 2024, Eve Energy Co., Ltd. achieved revenues of approximately RMB 36.304 billion, RMB 48.784 billion, and RMB 48.615 billion, respectively; and profits for the same periods were RMB 3.672 billion, RMB 4.52 billion, and RMB 4.221 billion, respectively.