炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ IPO融资10亿半年后拟配股再募5亿 有息负债大增资金长期入不敷出 正力新能是动力及储能电池制造商，提供电芯、模组、电池包、电池簇、电池管理系统的一体化方案。2025年4月，正力新能在香港IPO，上市融资约10亿 港元，用于产能扩张及建设智能制造设施及柔性生产线，探索各种新型电池电化学体系及先进材料等。 然而，距离IPO时隔仅半年，2025年10月17日，正力新能公告，计划公开配股再次融资5亿港元。 此外，根据招股书显示，正力新能还在2022年-2024年期间完成了3轮融资，总额达到34亿元。 出品：新浪财经上市公司研究院 作者：昊 日前，正力新能发布公告，拟以每股H股10.98港元的配售价配售4592.1万股新H股，募集约5亿港元，用于新生产工厂、全固态电池中试线、研发活动以营运 资金及一般公司用途。 今年4月，正力新能在香港IPO，上市融资约10亿港元，用于扩产和研发。时隔半年，公司再次筹划配股，拟再融5亿港元继续扩产。 密集融资的背后，是正力新能资金面长期入不敷出。2022年以来，尽管进行多轮融资，但有息负债特别是短期借款增幅远超 ...

Group 1: Market Overview - The Hang Seng Index closed down 641 points, a decline of 2.48%, and accumulated a weekly drop of 1,043 points or 3.97% [2] - The Hang Seng Tech Index fell by 243 points or 4.05%, with a weekly loss of 499 points or 7.98% [2] - The trading volume for the day was 314.62 billion, with a net inflow of 6.30 billion from northbound trading [2] Group 2: Company Performance - HSBC Holdings (00005) closed down 1.9% at 100.9 HKD, while AIA Group (01299) fell 2.2% to 69.05 HKD [3] - Semiconductor companies like SMIC (00981) and Hua Hong Semiconductor (01347) saw declines of 6.5% and 6.9%, respectively [3] - BYD Electronics (00285) was the worst-performing blue chip, dropping 8.1% to 37.74 HKD [3] Group 3: Economic and Regulatory Developments - The Financial Secretary of Hong Kong, Paul Chan, emphasized the importance of attracting U.S. businesses and talent to invest in Hong Kong, highlighting the city's favorable business environment [6] - The Insurance Authority has classified AIA and Prudential as Domestic Systemically Important Insurers (D-SII), which will subject them to enhanced regulatory requirements [8] - The People's Bank of China Governor, Pan Gongsheng, discussed the need for multilateral cooperation in light of increasing global economic challenges [9] Group 4: Retail Sector Insights - Chow Tai Fook (01929) reported a 4.1% year-on-year increase in retail value for the second fiscal quarter, with same-store sales in Hong Kong and Macau rising by 6.2% [11] - Xtep International (01368) experienced low single-digit growth in retail sales in mainland China for the third quarter, with inventory turnover of approximately 4 to 4.5 months [14] Group 5: Financing Activities - Zhengli New Energy (03677) announced a placement of 45.92 million new H shares at a discount of 7.89% to raise approximately 504 million HKD for various projects [12] - Aneng Logistics (09956) received a conditional proposal for potential privatization from a consortium led by Dazhong Capital and Temasek [13]

（原标题：正力新能(3677.HK)5亿募资，瞄准的是动力电池的下一个十年） 10月17日，正力新能发布配售公告，宣布通过独家配售代理向不少于六名承配人发行4592.1万股新H 股，以每股10.98港元的价格完成募资，扣除相关费用后所得款项净额约为5.04亿港元，在优化股权结构 的同时实现了财务实力的补充。 从资金用途来看，此次募资呈现出清晰的战略导向：约70%的资金将投向常熟新生产工厂二期工程的建 设与设备购置，10%用于全固态电池中试线搭建，10%支撑研发活动开展，剩余10%补充营运资金与满 足一般公司用途。 在动力电池行业竞争白热化与技术迭代加速的双重背景下，这笔资金精准加码产能扩张与技术创新两大 支柱，成为正力新能加速发展的重要驱动。 一、品质筑基订单护航，产能扩张锚定行业增长红利 全球新能源产业正处于政策驱动与市场自发增长的双重红利期，动力电池作为核心环节，其需求规模持 续攀升。 二、聚焦固态技术攻坚，研发加码强化竞争壁垒 动力电池行业已从单纯的规模竞争进入"技术+规模"的双轮驱动阶段，固态电池、快充技术等成为企业 构筑竞争壁垒的核心领域。 全固态电池凭借能量密度高、安全性强的优势，被公认为下一代电 ...

来源：市场资讯 （来源：我的电池网） 10月17日，正力新能（03677）公告，公司与独家配售代理签订配售协议，计划配售合共4592万股新H 股，每股配售价格为10.98港元。 正力新能此次配售股份约占公告日期已发行H股的3.19%及已发行股份总数的1.83%。假设所有配售股份 均获悉数认购，预计所得款项总额为5.04亿港元，扣除相关开支后，预计净额为5亿港元，净发行价约 为每股10.9港元。 公告显示，正力新能此次配售价格较2025年10月16日收市价11.92港元折价约7.89%，较前五个交易日的 平均收市价11.83港元折价约7.19%。 正力新能配售所得款项的约70%将用于支持江苏常熟新生产厂二期工程的建设，约10%将用于全固态电 池中试线的建设，另20%用于研发活动和营运资金。此次配售预计将进一步增强公司的财务实力及市场 竞争力，支持长期可持续发展。 在产能方面，正力新能现有产能为25.5GWh，并已实现满负荷生产。公司计划在2025年第四季度常熟新 生产工厂一期工程完工后新增10GWh产能，并均有客户订单完全覆盖；计划在2026年底常熟新生产工 厂二期工程完工后再新增15GWh产能，并均已获得客户 ...

Core Viewpoint - Zhengli New Energy (stock code: 3677) announced a financing plan through the placement of new H-shares, aiming to raise approximately HKD 504.21 million, netting around HKD 500.38 million after expenses [1] Group 1: Financing Details - The company plans to issue 45,921,000 shares (approximately 4.6 million shares) at a placement price of HKD 10.98, which represents a discount of about 7.89% compared to the previous trading day's closing price of HKD 11.92 [1] - The placement price also reflects a discount of approximately 7.19% compared to the average closing price over the last five trading days [1] - The newly issued shares will account for about 1.83% of the existing issued share capital and approximately 1.80% of the enlarged share capital post-issuance [1] Group 2: Use of Proceeds - Approximately HKD 350 million will be allocated to support the construction of the second phase of the Changshu New Energy plant [1] - Around HKD 50 million is designated for the construction of a pilot line for all-solid-state batteries [1] - Another HKD 50 million will be used for research and development activities, with an additional HKD 50 million allocated for working capital and general corporate purposes [1] Group 3: Underwriting and Completion - The financing is coordinated and underwritten exclusively by CITIC Securities [1] - The issuance is conducted under a general mandate granted by the shareholders' meeting, with completion expected upon meeting relevant conditions [1]

每经AI快讯，10月17日，港股正力新能(03677.HK)现跌超7%，截至发稿，跌7.05%，报11.08港元，成 交额2244.16万港元。 ...

正力新能(03677)现跌超7%，截至发稿，跌7.05%，报11.08港元，成交额2244.16万港元。 消息面上，正力新能发布公告，拟配售4592.1万股，每股配售价10.98港元，较上一日收盘价折价约 7.89%，所得款项净额约5亿港元，其中约70%将用于支持集团与常熟的新生产工厂二期工程有关的建 设、设备购置及预备费，约10%将用于全固态电池中试线的建设，约10%将用于研发活动，约10%将用 于营运资金及一般公司用途。 值得注意的是，福耀玻璃（600660）董事长曹德旺辞职，其子曹晖接任。据悉，正力新能由福耀玻璃两 位前副总经理曹芳、陈继程设立并控股。曹芳同时是福耀玻璃创始人兼董事长曹德旺胞妹，福耀玻璃作 为全球最大的汽车玻璃供应商，拥有庞大的主机厂客户资源。 ...

消息面上，正力新能发布公告，拟配售4592.1万股，每股配售价10.98港元，较上一日收盘价折价约 7.89%，所得款项净额约5亿港元，其中约70%将用于支持集团与常熟的新生产工厂二期工程有关的建 设、设备购置及预备费，约10%将用于全固态电池中试线的建设，约10%将用于研发活动，约10%将用 于营运资金及一般公司用途。 值得注意的是，福耀玻璃董事长曹德旺辞职，其子曹晖接任。据悉，正力新能由福耀玻璃两位前副总经 理曹芳、陈继程设立并控股。曹芳同时是福耀玻璃创始人兼董事长曹德旺胞妹，福耀玻璃作为全球最大 的汽车玻璃供应商，拥有庞大的主机厂客户资源。 智通财经APP获悉，正力新能(03677)现跌超7%，截至发稿，跌7.05%，报11.08港元，成交额2244.16万 港元。 ...

Core Viewpoint - The company, Zhengli New Energy, has announced a placement agreement with an exclusive placement agent to issue new H-shares at a price of HKD 10.98 per share, aiming to raise approximately HKD 500.38 million for various projects and operational needs [1] Group 1: Placement Details - The company plans to issue a total of 45,921,000 new H-shares [1] - The estimated net proceeds from the placement, assuming full subscription, will be approximately HKD 500.38 million [1] Group 2: Use of Proceeds - Approximately 70% of the proceeds will be allocated to support the construction, equipment procurement, and preparatory expenses related to the second phase of the new production facility in Changshu [1] - About 10% of the funds will be used for the construction of a pilot line for all-solid-state batteries [1] - Another 10% will be dedicated to research and development activities [1] - The remaining 10% will be utilized for working capital and general corporate purposes [1]

假设所有配售股份获悉数配发，配售所得款项总额及所得款项净额预期分别为5.042亿港元及5.004亿港 元。 配售所得款项净额拟用于以下用途：约70%将用于支持集团于常熟的新生产工厂二期工程有关的建设、 设备购置及预备费；约10%将用于全固态电池中试线的建设；约10%将用于研发活动；以及约10%将用 于营运资金及一般公司用途。 格隆汇10月17日丨正力新能(03677.HK)发布公告，2025年10月17日(交易时段前)，公司拟透过独家配售 代理向不少于六名承配人配售合共4592.1万股新H股，占经扩大后公司已发行股份总数的1.80%。每股 配售价10.98港元，较10月16日收市价折价约7.89%。 ...