New stock news: Guohua Technology will submit an application to the Hong Kong Stock Exchange for the second time this year. It focuses on providing energy storage system solutions and products.

According to the disclosure by the Hong Kong Stock Exchange on November 3, Guoxia Technology Co., Ltd. (Guoxia Technology) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with EB SECURITIES INTERNATIONAL as the exclusive sponsor. This is the company's second submission to the Hong Kong Stock Exchange this year. According to the prospectus, as a Chinese energy storage industry provider of renewable energy solutions and products based on platform technology and driven by artificial intelligence, Guoxia Technology focuses on research and development, providing energy storage system solutions and products to customers and end-users. The company's energy storage system solutions and products serve and cover various applications including large-scale power generation, large power grid, industrial and commercial, and residential settings, suitable for both the Chinese and overseas markets. The company focuses on energy storage and has implemented a globalization strategy. According to ShouShi Consulting, the company is one of the early participants in the industry to achieve the integration of energy storage system solutions and/or products on the internet cloud platform and develop a panoramic internet cloud platform for digital energy management. The company offers a range of energy storage system products for both the Chinese and overseas markets, equipped with advanced management systems including energy management systems, battery management systems, thermal management systems, and safety protection systems. The main products of the company include large-scale energy storage systems, industrial and commercial energy storage systems, and household energy storage systems. In addition to the hardware energy storage system products, the company has developed a series of corresponding solutions and supplemented with independently developed and artificial intelligence optimized applications, namely SafeESS and HanchuiESS. SafeESS utilizes a powerful cloud-edge-terminal communication and computing architecture. The platform combines cloud-network-edge-terminal collaboration to provide users with efficient, low-latency data processing and intelligent management services. It enhances the stability of the power grid by providing support to customers of the company's large energy storage system solutions and products and industrial and commercial energy storage system solutions and products through data analysis, strategic management, and remote control. The company's independently developed application HanchuiESS is an artificial intelligence optimized internet platform that uses IoT technology to achieve efficient energy management and power optimization for users. It provides support to users of the company's household energy storage system solutions and products. These users can access HanchuiESS via a web version and mobile application to ensure user-friendly monitoring, management, maintenance, and after-sales service experience anytime, anywhere. The company integrates artificial intelligence into energy storage system products and solutions to enhance automation, security, response speed, and operational efficiency. AI technology is embedded in key functions modules, including intelligent scheduling, battery health monitoring, safety control, user interaction, and data analysis. For example, the company's AI algorithm optimizes charging and discharging strategies for household and industrial energy storage systems by analyzing real-time data such as electricity prices, load demand, weather, and battery conditions. The company also deploys edge computing AI technology to predict battery health status and manage safety risks in advance to enhance system reliability. In addition, the company's AI optimized application provides personalized recommendations to end-users through various means (including but not limited to the internet), while the unified data analysis platform supports demand forecasting and strategic decision-making by integrating multi-dimensional data sources. According to a report from ShouShi Consulting, the global energy storage system market is highly competitive, with over 300 participants in the upstream, midstream, and downstream sectors. By 2024, the top 30 global enterprises will account for over 90% of the new energy storage system installation capacity, with Chinese enterprises contributing over 70% of this capacity due to their strong supply chain and technological capabilities. The company mainly operates in the midstream sector, providing integrated energy storage system products and solutions to a wide range of downstream customers and/or end-users. In terms of performance, for the six months ended June 30 in 2022, 2023, 2024, and 2025, the company's revenue was approximately 142 million yuan, 314 million yuan, 1.026 billion yuan, and 691 million yuan respectively; during the same period, the annual/interim profits were 24.277 million yuan, 28.148 million yuan, 49.119 million yuan, and 5.575 million yuan respectively.