GreenergyDaily
Apr. 9, 2026
China's Sigenergy Technology is aiming to raise about HK$4.40 billion through an IPO in Hong Kong, according to a listing document filed with the exchange on Wednesday.
The company plans to sell 13.57 million shares at HK$324.20 each, the filing showed. Trading is set to begin on April 16 under stock code 6656.
The Shanghai-based company develops and manufactures smart energy storage systems, including batteries, inverters and energy management software.
According to the prospectus, the company plans to use the proceeds primarily to expand production capacity, invest in research and development, and enhance its sales and service network.