New stock news | Wanheng Energy submits application to Hong Kong Stock Exchange

According to the disclosure of the Hong Kong Stock Exchange on January 4th, Wanbang Digital Energy Co., Ltd. (referred to as Wanbang Energy) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Morgan Stanley, GUOTAI JUNAN I, and Zhongyin International as joint sponsors. The prospectus shows that Wanbang Energy is a leading global supplier of intelligent charging equipment and a pioneer in microgrid systems. The company also provides large-scale energy storage systems to further meet customer demands and expand its business scope in the smart energy industry. According to Frost & Sullivan data, the company is the first intelligent charging equipment supplier in China to be certified by high-end international host customers, providing high compatibility products and services to meet the high standards of host manufacturers for charging infrastructure. Based on revenue and sales volume projections for 2024, the company is the world's largest supplier of intelligent charging equipment, with global sales exceeding 470,000 units that year.