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<IPO>Hithium Energy Storage Plans HK IPO as Early as Next Yr to Raise US$500M+
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Xiamen Hithium Energy Storage plans to go public in Hong Kong as early as next year to raise over US$500 million, Bloomberg reported, citing sources. The company has recently begun preparations for the IPO and is collaborating with financial advisors. According to the company's website, Hithium Energy Storage specializes in the R&D, production, and sales of core materials for lithium batteries as well as lithium iron phosphate energy storage batteries and systems. It also holds core technology intellectual property rights. AAStocks Financial News |
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