Core Viewpoint - The company, Haili New Energy Co., Ltd., has finally received the acceptance letter for its listing guidance work after a prolonged delay, allowing it to prepare for submitting its application to the Beijing Stock Exchange (BSE) [2][3][6]. Group 1: Listing Process - Haili New Energy signed a listing guidance agreement with Dongguan Securities on April 8, 2024, and submitted its completion report to the Shenzhen Securities Regulatory Bureau on May 26, 2025, after more than a year of guidance [3][5]. - The company faced significant delays in obtaining the acceptance letter, while many other companies that entered the acceptance process later received theirs promptly [5][6]. - On December 26, 2025, Haili finally received the acceptance letter, but missed the opportunity to submit its application during a surge of listings at the BSE at the end of December [6][7]. Group 2: Financial Performance - Haili's revenue grew from 556 million in 2022 to over 700 million in 2023, with a net profit nearing 80 million [10]. - However, in 2024, the company experienced a decline in net profit, with a non-recurring net profit of approximately 60.39 million, down over 20% year-on-year [12][13]. - In the first half of 2025, despite a revenue increase of 44.87% to 491 million, the non-recurring net profit only grew by 1.19% to about 33.47 million [13][14]. Group 3: Client Dependency and Risks - Haili has been heavily reliant on a major client, China Tower's subsidiary, Iron Tower Energy, which accounted for 72.05% of its revenue in 2022 [15][16]. - In 2024, Iron Tower significantly reduced its purchases, leading to a nearly 39% drop in revenue from this client [15][16]. - The company acknowledged the risk of dependency on major clients, which could adversely affect its financial performance if market conditions change [17]. Group 4: Future Plans and Funding - Haili plans to raise up to 500 million through its listing on the BSE, with 150 million allocated for working capital and 350 million for the construction of its Shenzhen smart manufacturing base [19]. - The company switched its listing guidance from Dongguan Securities to Huatai United Securities in March 2025, aiming for a more favorable outcome in its listing process [20][21].

Core Viewpoint - Hailei New Energy is progressing towards its planned listing on the Beijing Stock Exchange, having recently updated its guidance report and changed its advisory firm to Huatai United Securities for targeted support in internal control and personnel training [1][3][4]. Group 1: Company Overview - Established in May 2012, Hailei New Energy specializes in the research and production of lithium-ion batteries, primarily for light vehicle battery swapping and energy storage applications [6]. - The company has seen significant revenue growth, with cumulative revenues exceeding 2 billion yuan over three years, and reported revenues of 556.17 million yuan, 706.33 million yuan, and 721.61 million yuan for the years 2022, 2023, and the first quarter of 2024, respectively [7]. - The company has a strong reliance on a few key clients, with sales to the top five customers accounting for 92.54%, 85.01%, and 88.61% of revenue in 2022, 2023, and Q1 2024, respectively [6][7]. Group 2: Market Position and Performance - Hailei New Energy has established a close partnership with China Tower, the largest operator in the light electric vehicle battery swapping market, and has been a consistent supplier for their battery needs since 2019 [6][7]. - As of the end of 2023, Hailei New Energy has supplied approximately 650,000 battery packs to China Tower and around 200,000 to other clients [6]. - The company ranks second in the electric two-wheeler battery pack market, with an expected output of 155,000 units in 2024, following Huizhong Energy [11][12]. Group 3: Industry Trends - The demand for battery swapping solutions is anticipated to grow, particularly in lower-tier cities, driven by policy support and increasing market penetration [9][13]. - The overall market for electric two-wheeler battery packs is projected to reach 13 million units by 2026, indicating a significant growth opportunity for Hailei New Energy [13]. - The competitive landscape is intensifying as various companies enter the electric two-wheeler battery market, with a shift towards different battery forms such as soft pack, cylindrical, and square batteries [13].

Group 1 - The core viewpoint of the news is that Haili Co., Ltd. has initiated its IPO counseling process and is addressing potential risks related to its leased properties [2][3] - Haili Co., Ltd. has conducted four phases of counseling for its IPO, with a focus on the risks associated with the expiration of rental contracts for its operational sites [2] - The actual controllers of Haili Co., Ltd. have committed to taking responsibility for any economic losses resulting from non-compliance issues that may lead to forced relocation of leased properties [3] Group 2 - Haili Co., Ltd. is a national high-tech enterprise specializing in the research, design, production, and sales of lithium-ion battery products, with applications in light vehicle battery swapping and energy storage [4] - In 2024, Haili Co., Ltd. achieved a revenue of 722 million yuan, representing a year-on-year growth of 2.16%, while the net profit attributable to shareholders decreased by 17.52% to approximately 65.73 million yuan [4][5] - The company's gross profit margin for the reporting period was 21.06%, and the basic earnings per share were 1.09 yuan [5]

Core Viewpoint - Shenzhen Haili New Energy Co., Ltd. (Haili Co.) is preparing for an IPO on the Beijing Stock Exchange, focusing on lithium-ion battery development and production, particularly for light vehicle battery swapping and energy storage applications [2][3]. Group 1: Company Overview - Haili Co. was established in May 2012 and has been listed on the New Third Board since January 2025, currently in the basic tier and aiming to enter the innovation tier for public offering [2]. - The company previously applied for an IPO on the ChiNext board in April 2024 but halted its capital market development strategy [2]. Group 2: Production Capacity - To expand production capacity, Haili Co. is undergoing a factory expansion in 2024, with a total area of 43,000 square meters, featuring six battery production lines and four packaging lines, along with over 1,500 aging equipment points [2]. Group 3: Financial Performance - Haili Co.'s revenue increased from 556 million yuan in 2022 to 706 million yuan in 2023, with a net profit rising from 27.23 million yuan to 79.69 million yuan during the same period, indicating nearly a twofold growth over three years [3]. Group 4: Client Relationships - Since 2019, Haili Co. has established a close partnership with China Tower's subsidiary, the largest light electric vehicle battery swapping operator in China, becoming the sole continuous supplier for various battery models [4]. - The company has also formed strong business relationships with several well-known brands and operators in the light vehicle battery swapping industry, including Penghui Energy, Nandu Power, and Zhita New Energy [4].

近日，深圳市海雷新能源股份有限公司（简称：海雷股份）在深圳证监局完成北交所 IPO 辅导备案，辅导机构为华泰联合。 资料显示，海雷股份成立于 2012 年 5 月，主营锂离子电池研发与生产，应用领域主要分为轻型车换电电池和储能电池。 海雷股份已于 2025 年 1 月挂牌新三板，目前为基础层挂牌公司，须进入创新层后方可申报公开发行股票并在北交所上市。 海雷股份曾于 2024 年 4 月申请创业板 IPO 辅导并获受理 ，但 因公司对资本市场发展战略的规划终止。 此外， 海雷股份还陆续与鹏辉能源、南都电源、智泰新能源、天橙智慧等多家行业内知名轻型车换电电池品牌商或运营商建立了紧密的业务 合作关系。 作为国内两轮电动车换电电池的领军企业，海雷新能源的产品线丰富，涵盖 磷酸铁锂电池、家庭储能电池、工商业储能及便携式户外电源 等，能为全球户用储能和工商业储能等领域客户提供专业的定制化解决方案。 财务数据显示， 2022 年、 2023 年和 2024 年 1-3 月，海雷股份营业收入分别为 5.56 亿元、 7.06 亿元、 1.48 亿元，净利润分别为 2722.96 万元、 7968.71 万元和 2045.96 ...