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东莞这一锂电公司启动IPO
CATLCATL(SZ:300750) 起点锂电·2025-09-16 10:27

Core Viewpoint - The lithium battery market is showing signs of recovery, with companies like Hengyi Energy Technology Co., Ltd. restarting their IPO processes, indicating a restoration of capital pathways in the industry [2][4]. Group 1: Hengyi Energy Technology Co., Ltd. - Hengyi Energy, established in December 2018, focuses on intelligent manufacturing equipment for lithium batteries and has delivered over 500 GWh of production and testing lines globally [2]. - The company has a significant reliance on CATL, with over 50% of its revenue coming from this major client, which is also a shareholder [3]. - Hengyi Energy claims that its high revenue concentration from CATL is typical for the industry and is working to diversify its client base, with a decreasing proportion of orders from CATL [3]. Group 2: Other Companies in the Lithium Battery Supply Chain - Nanbaichuan New Energy Co., Ltd. has successfully passed the IPO review and is in the registration phase, aiming to raise 729 million yuan for production projects and working capital [6][7]. - Xinfu New Energy Technology Co., Ltd. has submitted an IPO application, focusing on thermal management components for electric vehicles, with plans to raise 463 million yuan [8]. - Wuxi Lichi Intelligent Equipment Co., Ltd. is also in the IPO process, seeking to raise 1.008 billion yuan for automation equipment projects and R&D [8][9].