New Stock News | Guoxia Technology's Hong Kong Stock IPO Prospectus Invalidated

GuoXia Technology Co., Ltd. (hereinafter referred to as: GuoXia Technology) submitted its Hong Kong stock prospectus on April 28, which will expire on October 28 after 6 months. At the time of submission, Everbright Securities International was its exclusive sponsor. According to the previous prospectus, GuoXia Technology focuses on the research and development of energy storage system solutions and products for customers and/or end users. The energy storage system solutions and products serve and can cover various application scenarios, including power side, large grid side, industrial and commercial, and residential, suitable for both the Chinese market and overseas markets. According to ZhiShi Consulting, based on the newly installed capacity of global multi-purpose energy storage systems in 2024, the company is the eighth largest multi-purpose energy storage system provider in China; based on the shipment capacity of global household energy storage systems in 2024, it is the tenth largest household energy storage system supplier in China