New stock news | Sungrow Power Supply (300274.SZ) resubmits application to HKEX, Global market share of photovoltaic inverters in 2024 is approximately 25.2%

According to the disclosure made by the Hong Kong Stock Exchange on April 24, Sungrow Power Supply Co., Ltd. (referred to as Sungrow Power Supply (300274.SZ)) submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CICC as the exclusive sponsor. The company previously submitted documents to the Hong Kong Stock Exchange on October 5, 2025. Company Profile According to the prospectus, since its establishment in 1997, the company has started with the photovoltaic inverter business, always focusing on the clean energy field, gradually expanding into the five major tracks of CECEP Solar Energy, wind energy, energy storage, electric vehicles and charging, and hydrogen energy ("photo-wind-storage-electrolysis-hydrogen"). The company's main products include photovoltaic inverters, energy storage systems, wind power conversion and transmission products, new energy vehicle power control and charging equipment, hydrogen equipment, etc., and is committed to providing comprehensive clean energy solutions. The company's main business layout is as follows: The company's photovoltaic inverter products cover central inverters, modular inverters, string inverters, household inverters, and micro inverters, with a power range from 0.45-9,600kW, widely used in various applications such as ground power stations, industrial and commercial, and household. The company was the first in the industry to introduce the 1+X modular inverter, creating a new product category in the industry. As of December 31, 2025, the company's cumulative installed capacity of photovoltaic inverters has exceeded 660GW, and its products have been sold to over 100 countries and regions worldwide. According to Frost & Sullivan's analysis, based on the shipment volume in 2024, the company's market share in the global photovoltaic inverter market is approximately 25.2%; the company's annual shipment volume of photovoltaic inverters has maintained a global leading position since 2015. The company is one of the first enterprises in China to enter the energy storage field. The company relies on global leading technologies in power electronics, electrochemistry, and grid support to build professional energy storage systems, providing solutions for users to achieve new energy grid connection, power frequency modulation and peak shaving, demand-side response, microgrids, industrial and commercial, and household applications. The company attaches great importance to the safety of energy storage systems, having completed the world's first large-scale burning test of energy storage systems in 2024, as...