Core Viewpoint - CNGR Advanced Material Co., Ltd. (2579.HK) is launching an IPO from today until November 12, offering 104 million H-shares at a price range of HKD 34 to HKD 37.8, with an expected listing date of November 17 [1][6]. Summary of Company Information - CNGR Advanced Material is a leading global supplier of new energy materials, primarily engaged in the research, production, and sales of positive active material precursors (pCAM) for lithium-ion batteries. The company has maintained the highest global shipment volume of nickel and cobalt-based pCAM since 2020, with market shares of 20.3% and 28.0% respectively for 2024 [7][12]. Business Model and Product Matrix - The company operates a vertically integrated business model, covering the entire value chain from raw material procurement to the production of key intermediate products and final battery materials. Its core products include nickel-based, cobalt-based, and sodium-based materials, which are essential for various applications such as electric vehicles, energy storage, and consumer electronics [10][39]. Market Opportunities - The global demand for pCAM is expected to grow significantly, driven by the surge in electric vehicle sales, which are projected to increase at a CAGR of 20.9% from 2024 to 2030. The demand for pCAM related to electric vehicles is anticipated to grow at a CAGR of 26.8% during the same period [23][25]. - The energy storage system market is also expected to see a robust growth rate of 29.7% from 2024 to 2030, further boosting the demand for pCAM [25]. Financial Data - The company's revenue has shown a consistent upward trend, with projected revenues of RMB 402.2 billion in 2024, up from RMB 342.7 billion in 2023 [48].

中国电池原材料供应商中伟新材(2579.HK)今日起至下周三(11月12日)招股，发售1.04亿股H股，香港公 开发售占10%，国际配售占90%；每股招股价介乎34港元至37.8港元，集资最多39.4亿港元(绿鞋前)。一 手200股，入场费7636.24港元。该股预期11月17日上市。联席保荐人包括摩根士丹利及华泰国际。公司 拟将所得款项中，约50%用于扩大生产及供应链能力；约40%用作新能源电池材料的研发及数字化推 进，及约10%用作营运资金及其他一般企业用途。 中伟新材此次IPO共引入9名基石投资者，包括贵州新型工业化基金、厦门国贸(600755.SH)旗下宝达投 资、中创新航(3931.HK)、东圣先行科技及国泰君安证券投资(香港)、North Rock基金、上海高毅及华泰 资本投资有限公司、湖南兴湘新兴产业母基金、蓝思科技(300433.SZ)附属蓝思香港以及欣旺达电子 (300207.SZ)，合共认购近16.59亿元等值股份，以发售价中位价计涉及约4,619.76万股，占此次发售股份 约44.33%。 根据招股书，中伟新材的客户群涵盖新能源材料、电池、汽车和消费电子行业的领先企业。官网资料显 示，中 ...

根据招股书，中伟新材的客户群涵盖新能源材料、电池、汽车和消费电子行业的领先企业。官网资料显 示，中伟新材的客户包括宁德时代、特斯拉、比亚迪、丰田、LG化学、三星SDI、SK集团电动车电池 公司SK on等。 中国电池原材料供应商中伟新材(2579.HK)今日起至下周三(11月12日)招股，发售1.04亿股H股，香港公 开发售占10%，国际配售占90%；每股招股价介乎34港元至37.8港元，集资最多39.4亿港元(绿鞋前)。一 手200股，入场费7636.24港元。该股预期11月17日上市。联席保荐人包括摩根士丹利及华泰国际。公司 拟将所得款项中，约50%用于扩大生产及供应链能力；约40%用作新能源电池材料的研发及数字化推 进，及约10%用作营运资金及其他一般企业用途。 中伟新材此次IPO共引入9名基石投资者，包括贵州新型工业化基金、厦门国贸(600755.SH)旗下宝达投 资、中创新航(3931.HK)、东圣先行科技及国泰君安证券投资(香港)、North Rock基金、上海高毅及华泰 资本投资有限公司、湖南兴湘新兴产业母基金、蓝思科技(300433.SZ)附属蓝思香港以及欣旺达电子 (300207.SZ)，合 ...