Jiangsu Zenergy Completes H Share Placement to Boost Production Capacity
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Jiangsu Zenergy Battery Technologies Group Co Ltd. has completed the placement of 45,921,000 new H shares to enhance its production capacity. This initiative is in response to the growing global NEV market and increased customer demand, leading to plans for a new production facility for 2026 and 2027. The latest analyst rating for the stock (HK:3677) is a Buy with a price target of HK$18.00. The company, based in China, specializes in battery production for the NEV sector and has experienced significant growth.
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