Core Viewpoint - Guangdong Jinsheng New Energy Co., Ltd. has submitted a second listing application to the Hong Kong Stock Exchange, aiming to enhance its capital for lithium battery recycling and regeneration business [3]. Company Overview - Jinsheng New Energy was established in 2010 and focuses on lithium battery recycling and regeneration, headquartered in Zhaoqing, Guangdong Province [3]. - The company previously attempted to list on the Shenzhen Stock Exchange in December 2022 but terminated the process in August 2024 [3]. - Jinsheng New Energy is ranked 1183rd in the Hurun Global Unicorn List with a valuation of 7.3 billion RMB [3]. Financial Performance - The company's revenue primarily comes from the sale of recycled products, including lithium carbonate, nickel sulfate, and cobalt sulfate, with over 79% of total revenue derived from lithium and nickel recycling products in the first half of 2025 [4]. - The total revenue figures for various products in 2022 and 2023 indicate a slight fluctuation, with total revenue of 2.9 billion RMB in 2022 and 2.89 billion RMB in 2023 [4]. Strategic Initiatives - In May 2023, Jinsheng New Energy signed a contract for a comprehensive utilization project for retired batteries in Huanggang, Hubei, with an investment exceeding 10 billion RMB, aiming to achieve an annual processing capacity of 400,000 tons of retired batteries [5].
金晟新能二次递表上市 此前超百亿电池回收项目落地湖北黄冈
Xin Lang Cai Jing·2025-09-04 08:08