Shenzhen Highpower Technology Plans A-Share Private Placement to Raise 800 Million RMB for Battery Projects
ENERGY STORAGESTRATEGIC MINERALS
Shenzhen Highpower Technology Co., Ltd. intends to issue A-shares to 35 specific investors, aiming to raise up to 800 million RMB. The funds will support the Energy Storage Battery Construction Project and the Steel-Shell Stacked Lithium Battery Construction Project, which has an investment of 418 million RMB.
Highpower seeks to expand production capacity to support the growing demand for energy storage and AI edge device batteries. The share issuance is pending approval from the Shenzhen Stock Exchange and CSRC.
Mar 1, 2026, 6:31 AM
