On the first day of listing, the Hong Kong stock Yuanxin Energy Storage rose 114.72% to $21.00. The issue price of the stock was $9.78. Shenzhen Yuanxin Energy Storage Technology Co., Ltd. was established on July 15, 2019. The company is a supplier of integrated energy storage system solutions in China, focusing on providing comprehensive energy storage system solutions, hardware products, software systems/platforms and supporting services, covering all key stages of energy storage projects from energy storage asset development and delivery to operation and management. The company is engaged in R&D, manufacturing and sales of energy storage system solutions and products, and provides supporting services to customers in China and overseas. The company's energy storage system solutions and products can be applied to various scenarios, including large-scale energy storage power plants and industrial and commercial applications. According to Frost & Sullivan, the company ranked 10th in China's energy storage system solutions industry with a 5.4GWh shipment volume and 2.1% market share in 2025.

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