New stock news | Sunwoda Electronic (300207.SZ) plans to go public in Hong Kong to promote the company's globalization strategy.
Xinwangda has announced its plan to issue H shares and list on the Stock Exchange of Hong Kong Limited.
Sunwoda Electronic (300207.SZ) announced that in order to further promote the company's globalization strategy, create an international capital operation platform, enhance international brand image and overall competitiveness, the company intends to issue overseas listed foreign shares (H shares) and apply for listing on the main board of the Hong Kong Stock Exchange.
According to the information, Sunwoda Electronic Co., Ltd. was established on December 9, 1997. The company's main business involves the research, design, production, and sales of lithium-ion battery modules. The composition of main business revenue is: consumer batteries 54.27%, electric vehicle batteries 27.02%, others 15.33%, and energy storage systems 3.37%.
According to Sunwoda Electronic's first quarter report for 2025, the company's operating income was 12.289 billion yuan, a year-on-year increase of 11.97%. Net profit attributable to shareholders of the listed company was 386 million yuan, a year-on-year increase of 21.23%.