New stock news: Shenzhen Capchem Technology (300037.SZ) plans to list on the Hong Kong stock market as the leader in the battery chemicals industry.

On December 11th, Shenzhen Capchem Technology (300037.SZ) announced that in order to further promote the company's globalization development strategy, achieve localization of global resources supply, enhance international brand image, and improve comprehensive competitiveness in the global market, the company plans to issue overseas listed foreign shares (H shares) and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited. This issuance and listing still requires approval from the company's shareholders' meeting, as well as filing, approval, and/or endorsement from relevant government and regulatory agencies such as the China Securities Regulatory Commission, the Securities and Futures Commission of Hong Kong, and The Stock Exchange of Hong Kong. According to information, as a leading enterprise in the battery chemicals industry, Shenzhen Capchem Technology's main business involves research and development, production, sales, and services of new electronic chemicals and functional materials. The composition of main business income is: battery chemicals 66.43%, organic fluorine chemicals 17.03%, electronic information chemicals 16.03%, and others (supplementary) 0.50%. As of June 2024, the company has 9 production bases for battery chemicals worldwide to ensure delivery (8 in China and 1 in Europe). The main products of the battery chemicals business include lithium-ion battery chemicals (including lithium-ion battery electrolytes, additives, new lithium salts, carbonate solvents), supercapacitor chemicals, primary lithium battery chemicals, sodium-ion battery chemicals, and solid-state battery chemical materials. The downstream markets include power batteries, energy storage batteries, and consumer batteries, with applications ranging widely in areas such as electric vehicles, power systems, data centers, rail transportation, wind power and photovoltaics, laptops, tablets, smartphones, smart wearable devices, consumer drones, Siasun Robot & Automation, smart appliances, power tools, as well as various portable electronic products. The third quarter report shows that in the first three quarters of 2025, Shenzhen Capchem Technology's operating income was 6.616 billion yuan, an increase of 16.75% year-on-year; net profit attributable to shareholders was 748 million yuan, an increase of 6.64% year-on-year; non-GAAP net profit attributable to shareholders was 715 million yuan, an increase of 1.26% year-on-year.