Core Viewpoint - Zhongwei Co., Ltd. has successfully completed its H-share listing on the Hong Kong Stock Exchange, marking a significant milestone in its internationalization strategy and enhancing its global market integration [1][2]. Group 1: Listing and Capital Raising - Zhongwei New Materials' global offering consisted of 104 million shares, with a public offering of approximately 10.42 million shares in Hong Kong and 93.80 million shares internationally [2]. - The estimated net proceeds from the global offering, assuming no exercise of the over-allotment option, are approximately HKD 34.33 billion [2]. Group 2: Capital Operations and Growth - Since its listing on the Shenzhen Stock Exchange in December 2020, Zhongwei has effectively utilized capital market reforms to execute multiple financing operations, raising funds of RMB 50 billion and RMB 43.07 billion in 2021 and 2022, respectively [3]. - The company has engaged in strategic mergers and acquisitions, including the acquisition of nickel resources in Indonesia and investments in lithium battery recycling, creating a vertically integrated supply chain [3]. - Zhongwei has employed futures and derivatives to hedge against raw material price and exchange rate fluctuations, establishing risk limits for commodity and foreign exchange hedging [3]. Group 3: Business Performance and Market Position - Zhongwei's total assets increased from RMB 2.03 billion at the end of 2017 to RMB 74.69 billion by mid-2025, with revenue growing from RMB 1.86 billion in 2017 to an estimated RMB 40.22 billion in 2024 [7]. - The company has established ten major production bases globally and expects to have over 16,000 employees by the end of 2024 [7]. - Zhongwei has positioned itself as a leader in the global market for nickel and cobalt lithium-ion battery precursors, achieving the highest shipment volumes for five consecutive years [5][7]. Group 4: Future Vision and Strategic Goals - Zhongwei aims to become a leading global materials science company, focusing on technological innovation, cost advantages through global resource integration, and establishing a sustainable ecological framework [4][8]. - The company has identified three key areas for value enhancement: deepening technological expertise, improving profitability through resource integration, and solidifying its ecological foundation [4].
贵州“A+H”第一股来了