EVTank: Lithium battery industry chain companies plan to raise nearly hundreds of billions of yuan through IPO from January to August.

According to the latest report released by EVTank and the IWEI Economic Research Institute, a total of 79 companies in the lithium-ion battery industry in China were involved in IPO matters from January to August 2023. Among them, 12 companies have successfully passed the review and registration, 1 company has been suspended, and 3 companies have been terminated. The total amount of funds raised reached 92.36 billion yuan, with the majority of funds being used for project construction and research and development centers. According to the data from EVTank's investment and financing white paper, the number of lithium battery equipment companies involved in IPO matters was the highest, while the amount of funds raised by lithium battery manufacturing companies was the largest. The data shows that a total of 24 lithium battery equipment companies raised a total of 12.78 billion yuan, while 9 lithium battery manufacturing companies raised a total of 20.2 billion yuan. Among them, Honeycomb Energy plans to raise as much as 15 billion yuan, mainly for the construction of power battery projects, research and development centers, and new project development. In terms of the scale of funds raised, apart from Honeycomb Energy, which raised a total of 15 billion yuan and ranked first, Feiyu Precision raised the smallest amount of funds, only 137 million yuan. Overall, companies with fundraising amounts between 500 million and 1 billion yuan accounted for the highest proportion, reaching 41.8%, while companies with fundraising amounts below 500 million yuan accounted for 26.6%. Only 2 companies raised more than 5 billion yuan. According to the "China Lithium-ion Battery Industry Investment and Financing White Paper (2023)" released by EVTank, the ChiNext board in the Shenzhen Stock Exchange has become the most popular choice for companies in the lithium battery industry chain, accounting for 54.4%. The Shanghai Stock Exchange's Science and Technology Innovation Board ranked second with a proportion of 24.1%. The Beijing Stock Exchange is also becoming an important choice for lithium battery industry chain companies to go public.