Core Viewpoint - The article discusses the recent decision by XWANDA Electronics Co., Ltd. to issue H shares and list on the Hong Kong Stock Exchange, aiming to enhance its global strategy and brand image while supporting long-term development [1][2]. Financial Performance - In Q1 2025, XWANDA reported total revenue of 12.289 billion yuan, a year-on-year increase of 11.97%, and a net profit attributable to shareholders of 386 million yuan, up 21.23% year-on-year [3]. - For the year 2024, the company achieved revenue of 56.021 billion yuan, a year-on-year growth of 17.05%. The non-recurring net profit was 1.605 billion yuan, significantly increasing by 64.99%, while the annual net profit reached 520 million yuan, a substantial year-on-year growth of 57.28% [4]. Revenue Breakdown - The revenue growth was primarily driven by: 1. Revenue from electric vehicle batteries reached 15.139 billion yuan, up 40.24% from 10.795 billion yuan in the same period last year [5]. 2. Revenue from consumer batteries was 30.405 billion yuan, a slight increase of 6.52% from 28.543 billion yuan [5]. 3. Other revenue amounted to 8.588 billion yuan, reflecting a year-on-year growth of 15.83% from 7.414 billion yuan [5]. Company Overview - Founded in 1997, XWANDA has evolved from a lithium battery module manufacturer to a leading player in the global lithium-ion battery sector. In 2024, it ranked 37th among the top 500 new energy companies globally, with annual revenue exceeding 50 billion yuan. The company operates across six major industry sectors, including consumer batteries, power batteries, and energy storage systems, with 15 production bases established in China, India, Vietnam, and Hungary [6].

"可持续发展不仅仅是一个标签或荣誉，而是企业核心竞争力的最高维度。"在4月25日召开的2025企 业可持续发展大会上，欣旺达副总裁兼首席可持续发展官梁锐表示，企业若想在激烈竞争中存活，必 须将ESG从"附加题"升级为"必答题"。 眼下，可持续发展不仅是政策要求，更是未来市场的入场券。为满足欧盟电池法规及客户要求，ESG 管理成为电池企业的重点任务。产业数字化、生态绿色化、经营智能化、资源循环化、业务全球化也 成为中国锂电产业保持全球领先地位的努力方向。 欣旺达以"深刻理解政策趋势，全面满足客户要求，卓越履行社会责任"为指导原则，在行业内率先行 动，通过搭建并实施了一套全面的可持续战略体系，各项评级均稳步提升。2024年，公司被Wind ESG评为AA级，CDP评级为B级，MSCI ESG评级为BBB级。首次荣登《财富》ESG影响力排行榜， 连续2年入选福布斯中国2024年度ESG启发案例，荣登南方周末2023中国企业社会责任榜TOP3。 确立LEAP可持续发展战略 欣旺达专注锂电产业28年，在新能源行业中占据重要席位。梁锐介绍，当前公司公司已发展成为3C 消费类电池领域的隐形冠军；动力电池装机量已跻身全球前十 ...

"可持续发展不仅仅是一个标签或荣誉，而是企业核心竞争力的最高维度。"在4月25日召开的2025企 业可持续发展大会上，欣旺达副总裁兼首席可持续发展官梁锐表示，企业若想在激烈竞争中存活，必 须将ESG从"附加题"升级为"必答题"。 眼下，可持续发展不仅是政策要求，更是未来市场的入场券。为满足欧盟电池法规及客户要求，ESG 管理成为电池企业的重点任务。产业数字化、生态绿色化、经营智能化、资源循环化、生态绿色化也 成为中国锂电产业保持全球领先地位的努力方向。 欣旺达以"深刻理解政策趋势，全面满足客户要求，卓越履行社会责任"为指导原则，在行业内率先行 动，通过搭建并实施了一套全面的可持续战略体系，各项评级均稳步提升。2024年，公司被Wind ESG评为AA级，CDP评级为B级，MSCI ESG评级为BBB级。首次荣登《财富》ESG影响力排行榜， 连续2年入选福布斯中国2024年度ESG启发案例，荣登南方周末2023中国企业社会责任榜TOP3。 确立LEAP可持续发展战略 欣旺达专注锂电产业28年，在新能源行业中占据重要席位。梁锐介绍，当前公司公司已发展成为3C 消费类电池领域的隐形冠军；动力电池装机量已跻身全球前十 ...