推进全球化战略，电池巨头欣旺达公告筹划赴港上市

Core Viewpoint - Company Xindada plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and brand image while addressing low profit margins in overseas markets [2][4]. Group 1: Company Overview - Xindada, founded in 1997, specializes in lithium-ion battery research and manufacturing, with major products including consumer batteries, electric vehicle batteries, and energy storage systems [2][3]. - The company reported a total revenue of 56.02 billion yuan in 2024, marking a year-on-year increase of 17.05%, and a net profit of 1.605 billion yuan, up 64.99% [3][4]. Group 2: Market Position - In 2024, Xindada's revenue sources were primarily from consumer batteries (54.27%) and electric vehicle batteries (27.02%) [3]. - The company ranked tenth globally in power battery market share with a total installed capacity of 18.8 GWh, representing 2.1% of the global market [3][4]. Group 3: International Expansion - Xindada has been actively expanding its overseas market presence, with 41.83% of its total revenue coming from international sales in 2024 [4]. - The company has established production bases in countries such as India, Vietnam, Hungary, and Thailand, and has marketing offices in major cities worldwide [4]. Group 4: Financial Performance and Challenges - Despite a recovery in performance after a decline in 2023, Xindada faces challenges with profit margins, particularly in overseas markets where the gross margin is significantly lower than in the domestic market [4]. - The gross margin for the domestic market was reported at 18.67%, while the overseas market gross margin was only 10.31% [4].