Portable Power Leader Shenzhen Hello Tech Energy's IPO Debuted at Shenzhen Stock Exchange

Automotive Author: Ziying Wu Sep 21, 2022 10:52 AM (GMT+8)

Shenzhen Hello Tech Energy started trading on the Shenzhen ChiNext Market on September 19, this Monday.

huabao 华宝新能源

Shenzhen Hello Tech Energy (301327. SZ) (Chinese:华宝新能) started trading on the Shenzhen ChiNext Market on September 19, this Monday. The firm announced its issue result on September 12 would issue 24.54 million shares priced at CNY 237.5 (USD 33.83) per share, with total fundraising up to approximately CNY 5.829 billion. 

As a leading Chinese portable power storage producer, Shenzhen Hello Tech Energy Co.is committed to the mission of "providing green power everywhere.", providing safe, clean, and reliable power solutions anywhere for everyone. From the perspective of its main business, the company focuses on the mobile energy storage field, specializing in research and development, manufacturing, and sales of portable power products, with core products including portable power products and solar panels. 

With the rise of new outdoor application scenarios at home and in recent years, energy storage has become one of the hottest development directions.  In addition, the unstable power supply has driven the demand for backup and emergency power sources for portable energy storage. Therefore, the mobile energy storage segments have wide market space for growth.

Zhongwei Sun, chairman of Hello Tech Energy's board, said on the IPO day that the company would continue to enhance its core competitive advantages in maintaining sustained and stable growth in business performance. At the same time, they would strive to give back to the community, shoulder more corporate social responsibility, and become a quality listed company with a great high investment value in the Chinese capital market.