Core Viewpoint - Company Xinda (300207) has submitted a listing application to the Hong Kong Stock Exchange, with Goldman Sachs and CITIC Securities as joint sponsors. The company focuses on the research, design, manufacturing, and sales of lithium batteries, providing comprehensive solutions from battery cells to systems, covering consumer batteries, power batteries, and energy storage systems [1]. Group 1: Market Position - Xinda holds a leading position in the global mobile phone battery market with a market share of 34.3% in 2024, according to ZhiShi Consulting data [1]. - The company is the second-largest manufacturer of batteries for laptops and tablets globally, with a market share of 21.6% [1]. Group 2: Business Development - The company started with consumer battery business and gradually expanded into power batteries and energy storage systems, forming an integrated business layout, with consumer battery revenue accounting for over 50% of total revenue [1]. - As of March 31, 2025, the company has 19 production bases in China and 6 overseas to meet global customer demand [2].