New stock news: It is reported that China's Naliv New Materials plans to go public in Hong Kong by the end of the year, aiming to raise at least $200 million.

According to media reports citing informed sources, battery material manufacturer Yangzhou Nali New Materials Technology Co., Ltd. (abbreviated as Nali New Materials) has secretly submitted an IPO application in Hong Kong, aiming to raise at least 200 million US dollars. The reports mentioned that Nali New Materials is cooperating with major banks including Fab Bank for this IPO. Informed sources revealed that the company plans to go public by the end of this year. Public information shows that Nali New Materials was established in January 2022, focusing on research and production of new composite current collectors for lithium batteries, with products widely used in the field of new energy vehicles and energy storage. The company is headquartered in Yangzhou City, Jiangsu Province, and has wholly-owned subsidiaries in Jiangyin City, the United States, Japan, and South Korea. Currently, the company has fully mastered the independent intellectual property rights of new atomic deposition current collectors and functional interface current collectors. In 2025, the company was valued at 9 billion yuan and selected for the Hurun "2025 Global Unicorn List". Nali New Materials has gone through several rounds of financing, with investors including Sequoia China, Temasek, Yangzhou Venture Capital, Jiandou Investment, Yangzhou Longtou, Xicheng Zhiyuan, Jiangsu Gaotou, Yaotu Capital, CICC Capital, Qiaobei Capital, Infiniti, Hanhui Capital, and Danming Capital, among others.