Carbon Discussion | Battery Manufacturer “Next Generation”: Production Capacity Expansion and Valuation Assessment with Market Dynamics
On May 16, 2025, the Hong Kong Stock Exchange announced the initiation of its “reverse IPO” process. On May 12, the Hong Kong Stock Exchange held a press conference to announce the formal launch of its national development plan, aiming for a public listing by May 20. According to Wind data, as of May 15, the total market capitalization of Next Generation reached 268.18 billion HKD, with cumulative trading volume exceeding 115.32 billion HKD.
Recent statistics indicate that the Hong Kong IPO market for the first quarter of 2025 is expected to show strong performance, with total fundraising figures significantly higher than the same period last year. To further enhance its growth potential, the Hong Kong Stock Exchange is also innovating on the policy front.
On May 6, the Hong Kong Stock Exchange and the Exchange Bureau formally promoted the “special line” program to facilitate further collaboration in the electric vehicle industry. Next Generation’s market listing is primarily targeted at attracting foreign investments, aiming to enhance the operational ecosystem and promote integrated energy development.
Next Generation’s recent milestones include fundraising strategies and the establishment of partnerships to further boost its standing in the marketplace. As of May 16, the stock price for Next Generation is set at 263 HKD per share, with a fixed price limit. The total fundraising target is estimated to reach between 40 billion and 50 billion HKD, making it one of the largest IPOs in the Hong Kong market in recent years.
According to projections, by May 20, Next Generation will officially enter the Hong Kong Stock Exchange, making it the first company to expedite its listing process in under 100 days. Simultaneously, the company is preparing to submit its official listing application.
By April 28, the Electric Vehicle Manufacturing Company released a public statement regarding its fundraising plans and projected listing on the Hong Kong Stock Exchange. The company aims to solidify its position in the industry by leveraging its innovative technologies and expanding its operational capabilities.
The upcoming IPO is expected to provide a stable influx of capital, contributing to the overall stability of the Hong Kong market. The European market’s demand for electric vehicles and battery capacity is also anticipated to rise, further boosting Next Generation’s growth potential.
Overall, the Hong Kong Stock Exchange is poised for a transformative year in 2025, with Next Generation leading the charge in the electric vehicle and battery manufacturing sectors.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/energy-transition-the-rise-of-electric-vehicle-companies-and-their-market-impact/
