New Stock News | Anker Innovations Technology (300866.SZ) submits a second application to the Hong Kong Stock Exchange and is expected to rank first in the global mobile charging product market by 2025.

According to the disclosure by the Hong Kong Stock Exchange on June 3rd, Anker Innovations Technology Co., Ltd. (hereinafter referred to as Anker Innovations Technology (300866.SZ)) has submitted an application to the Hong Kong Stock Exchange Main Board, with CICC, Goldman Sachs, and J.P. Morgan serving as its joint sponsors. The company had previously submitted an application for listing to the Hong Kong Stock Exchange on December 2, 2025. Company Overview According to the prospectus, Anker Innovations Technology is primarily engaged in the design and development of consumer electronics products in the global smart device industry, providing reliable products and user-centric experiences to global consumers. The company's products cover three main product lines - smart charging energy storage, smart home, and smart audio-visual products - with a wide range of products including mobile charging, consumer-grade energy storage, smart security, smart cleaning, creative printing, smart audio, and smart projection, among others. Anker Innovations Technology operates on a no-factory model, focusing mainly on the design and sale of smart devices while outsourcing production to manufacturing partners. Anker Innovations Technology currently operates three main product lines: Smart Charging Energy Storage: The smart charging energy storage solution is the cornerstone of the company's business. This product line includes the full range of Anker brand charging devices and accessories, as well as Anker SOLIX brand consumer-grade energy storage products. Smart Home: Anker Innovations Technology continues to focus on upgrading everyday home scenarios through smart solutions. Under the eufy brand, the company has nurtured three product series: eufy Security provides a full range of home security systems using local data storage technology, launching security cameras, video doorbells, and alarm systems to provide a reliable and privacy-focused security experience. eufy Clean focuses on home cleaning solutions, with the Siasun Robot & Automation vacuum cleaner offering strong suction, intelligent navigation, and efficient performance. eufyMake focuses on the rapidly growing consumer-grade creative printing market, introducing a 3D texture UV printer. Smart Audio-Visual: Anker Innovations Technology's smart audio-visual products are built around the soundcore brand, dedicated to enhancing people's auditory and visual experiences. soundcore offers a diverse range of wireless products, including headphones, speakers, and conference systems, integrating features such as noise cancellation, open-ear headphone design, and smart app control for a seamless indoor and outdoor user experience. Additionally, the company has introduced the Nebula series of portable smart projectors, including advanced laser projectors with integrated audio systems to create an all-in-one immersive viewing experience. Since its establishment in 2011, Anker Innovations Technology has continuously expanded its product portfolio in areas such as smart charging energy storage, smart home, and smart audio-visual under the Anker brand. Anker Innovations Technology currently operates three global brands - Anker, eufy, and soundcore - as well as two core sub-brands, Anker SOLIX and eufyMake. The company holds a solid global market share in multiple key segments such as mobile charging, energy storage, smart home security, and wireless headphones. Specifically, according to Frost & Sullivan data, based on revenue from 2020 to 2024, the company ranks second globally in the mobile charging products segment and is the largest independent mobile charging brand globally. In 2025, based on revenue, the company ranks first in the global mobile charging products segment. In 2025, based on revenue, the company's market share in the global mobile charging products segment reached 4.8%. To help the product design team analyze user feedback and optimize user experience, the company has built a consumer insight-driven experience transformation system with two core platforms: the Joint Maker Lab (JML) research platform, a user-centric, co-creative ecosystem that supports collaborative innovation; and the Best Experience Enhancement System (BEES) platform, a standardized framework for comprehensive analysis of user feedback and data evaluation. Finance Data Revenue In the fiscal years 2023, 2024, and 2025, the company achieved revenues of approximately RMB 17.507 billion, RMB 24.710 billion, and RMB 30.514 billion, respectively. Gross Profit Margin In the fiscal years 2023, 2024, and 2025, the company's gross profit margin was 42.7%, 43.1%, and 43.9%, respectively. Net Profit In the fiscal years 2023, 2024, and 2025, the company recorded net profits of approximately RMB 1.694 billion, RMB 2.211 billion, and RMB 2.617 billion, respectively. Industry Overview The large-scale smart hardware technology market includes categories such as smartphones, personal computers, and smart TVs, with market sizes generally exceeding USD 80 billion. This market is dominated by major enterprises, and the consumer demand for these markets is relatively stable and mature. The small and medium-sized market refers to markets with a scale lower than RMB 576 billion (equivalent to USD 80 billion). Generally, these markets are still in the emerging stage, with relatively high growth potential. These small and medium-sized markets are characterized by a diversified product category, with relatively small market sizes in each segment. Many of these sub-markets are still in the early or high-growth stages, with potential for rapid expansion. The competitive landscape is generally fragmented, with emerging participants frequently entering the market, creating continued development opportunities. In 2025, the total size of these markets is approximately RMB 2.7391 trillion (equivalent to USD 380.4 billion). In 2025, the global mobile charging products market reached RMB 244.1 billion, with a compound annual growth rate of 12.1% from 2020 to 2025. By product category, the market size of power banks reached RMB 173.8 billion in 2025, expected to maintain strong growth momentum, reaching RMB 279.9 billion by 2030, with a compound annual growth rate of 10.0% from 2025 to 2030. This growth is mainly driven by the increasing consumer demand for portable and high-capacity charging solutions, frequent upgrades of smartphones and wearable devices, and the growing reliance on mobile devices for work, entertainment, and travel. The consumer-grade energy storage industry includes portable energy storage, balcony photovoltaic energy storage, and household energy storage. The market size of the global consumer-grade energy storage market in terms of revenue increased from RMB 10.1 billion in 2020 to RMB 229 billion in 2025, with a compound annual growth rate of 86.7% and expected to reach RMB 560.5 billion by 2030, with a compound annual growth rate of 19.6% from 2025 to 2030. From 2020 to 2025, the global smart home market maintained steady growth, with the market size increasing from RMB 661 billion to RMB 1.1735 trillion, with a compound annual growth rate of 12.2%. Looking ahead, the smart home market is expected to reach RMB 1.9193 trillion by 2030, with a compound annual growth rate of 10.3% from 2025 onwards. The integration of smart and IoT technologies, the growth of personalized and intelligent user experience demands, and the emphasis on energy efficiency and sustainable development will further drive the growth of the smart home market. Board of Directors Information The board of directors consists of nine directors, including four executive directors, two non-executive directors, and three independent non-executive directors. The term of office for directors is three years and they may be re-elected. According to Chinese laws and regulations, independent non-executive directors may not serve for more than six consecutive years. Equity Structure Mr. Yang Meng and Ms. He Li respectively hold 43.39% and 3.64% of the company's equity. Mr. Yang and Ms. He are acting in concert. Mr. Yang and Ms. He are the controlling shareholders of the company. As of the most recent practicable date, Shenzhen Haiyi Zhixin Technology Co., Ltd. had other shareholders holding equity for employee incentive purposes, with 12.74% held by its employee incentive platform and the company's affiliate Nanjing Haiyi Yuanzhi Management Consulting Partnership Enterprise, and 1.00% held by the company's employee Liu Wenbing. Intermediary Team Joint Sponsors: China International Capital Corporation Limited, Goldman Sachs (Asia) LLC, J.P. Morgan Securities (Far East) Limited Company Legal Counsel: Davis Polk & Wardwell, Haiwen & Partners, Winson Partners and Legal Consultants, Shanze Partners PLLC, Addleshaw Goddard LLP, TMI Associates, Li Weibin Law Firm, Jacobson Burton Kelley PLLC Joint Sponsors Legal Advisers: JunHe LLP, Commerce & Finance Law Offices Reporting Accountant: KPMG Huazhen LLP Industry Consultant: Frost & Sullivan (Beijing) Consulting Co., Ltd. Shanghai Branch Compliance Advisor: Hony Capital Limited