IPO Temporarily Slows however Growth Trajectory Unchanged: How Did Hithium Reach Global No. 2 in Six Years?

HONG KONG, Oct 10, 2025 – (ACN Newswire)–Just recently, the lapse of Hithium’s prospectus has actually drawn market attention, however this is not an uncommon incident in capital markets.

According to the pertinent guidelines for Hong Kong IPO, if a prospectus is not noted within 6 months after submission, it instantly lapses. This system is developed to make sure the timeliness and precision of info disclosure, preventing info lag due to modifications in the market environment or the business’s operations. It deserves keeping in mind that a lapsed prospectus does not imply the IPO is ended. In Hong Kong, almost half of freshly noted business have actually experienced a prospectus lapse before listing. If the listing hearing has actually not been finished, the business just requires to upgrade its monetary information and re-submit the application within 3 months to resume the evaluation procedure.

As a quickly establishing energy storage business, Hithium’s is presently experiencing strong organization momentum. Amongst the 2 Xiamen-based business noted on the “2025 Global Unicorn List” launched by the Hurun Research Institute, Hithium is specifically among them.

Particularly versus the background of the quick advancement of the energy storage market and constant policy assistance, Hithium, as an essential market individual, has a strong structure to record market dividends and support its listing procedure. Changjiang Securities forecasts international energy storage setup development will go beyond 50% in 2025 and over 40% in 2026, straight showing the market’s robust momentum.

In this macro environment, Hithium’s organization advancement and listing strategies can much better utilize the market’s momentum. Hithium is anticipated to upgrade its prospectus and resubmit its application within 3 months to continue the listing procedure. On the other hand, this lapse of the prospectus may end up being a chance for the business to evaluate its organization and enhance its technique, getting ready for a more steady connection with the capital market in the future.

I. Explosive Demand Growth and Full Capacity Operations Cement Foundation for Expansion

From a market viewpoint, the worldwide energy shift has actually now gone into a “critical phase,” with significant nations magnifying efforts to accomplish “dual carbon” objectives, resulting in quick development in renewable resource setup capability. Eco-friendly energy has intrinsic drawbacks of “intermittency and volatility”If excess electrical power can not be kept successfully, it not just triggers energy waste however might likewise impact grid frequency stability.

In this context, energy storage has actually been updated from an “optional accessory” to an “essential facility”ending up being the core link connecting renewable resource and the power grid. This has actually straight moved the international energy storage market into an “outbreak period”

According to data from the ICC Xinluo Energy Storage Database, worldwide energy storage battery deliveries reached 258 GWh in the very first half of 2025, a year-on-year boost of 106%. Domestic producers delivered 252 GWh, a year-on-year boost of 109%, plainly showing that Chinese producers have actually ended up being the dominant force in the worldwide energy storage market.

Leveraging its collected experience in energy storage innovation R&D and item production, Hithium precisely took this chance. Its deliveries have actually jumped from worldwide 5th in 2023, to 3rd in 2024, and reaching 2nd location in the very first half of 2025. The substance yearly development rate over the previous 3 years reached 167%.

Alike, Hithium’s’s existing assembly line are running at complete capability. At present, the production bases in places like Xiamen and Chongqing are running continually at complete capability. Its Southwest Intelligent Manufacturing Center in Tongliang, Chongqing, is the very first lithium battery electrochemical energy storage total job in Chongqing. With an overall financial investment of RMB 13 billion, it prepares to develop a production base and R&D center for 56 GWh of new-generation energy storage lithium batteries and 22 GWh of energy storage modules. Because March, factories consisting of those in Xiamen and Chongqing have actually been running at complete capability, with orders arranged till completion of the year.

This status not just straight shows the marketplace acknowledgment of its items and adequate order stockpile however likewise shows the business’s strong abilities in production management and supply chain coordination.

II. Constant Progress in Internationalization Strategy and Frequent Large Orders Highlight Global Competitiveness

Hithium’s capability to keep a leading position in the international energy storage market is inseparable from the stable improvement of its internationalization technique. In 2024, the business’s abroad income reached RMB 3.7 billion, representing 28.6% of overall income. Its worldwide service network covers over 20 nations and areas.

Considering that the start of the year, Hithium has actually successively protected significant global orders, showing a strong momentum in global advancement.

In July this year, Hithium signed a cooperation arrangement with Elements Green, a leading UK designer of solar and storage facilities, for a battery energy storage system job with an overall scale of 720 MWh. It is reported that this job is among the biggest energy storage jobs in the UK to date.

In August this year, Hithium signed considerable energy storage job cooperation arrangements with Saudi Electricity Company and Saudi energy giant Alfanar Group. They will develop 2 massive energy storage jobs in the Tabuk and Hail provinces of northern Saudi Arabia, with an overall capability of 1GW/4GWh accomplishing a development in the GWh-scale application of the world’s very first mass-produced kA-hour class long-duration energy storage battery and system option.

In September this year, Hithium likewise reached a tactical cooperation with Fotowatio Renewable Ventures, a sustainable energy options designer in Australia, to develop an energy storage system with an overall scale of 500 MWh in Victoria, Australia.

This series of impressive accomplishments comes from its deep build-up in innovation and item development.

Since completion of 2024, Hithium’s international patent applications surpassed 3,900, Meanwhile, the business boasts an R&D group of over 1,100 workers, accomplishing complete protection from products, cells, systems to services.

In regards to items, Hithium was amongst the very first in the market to release 280Ah energy storage battery items in massive energy storage jobs, and likewise amongst the very first to mass-produce 314Ah energy storage batteries and use them in abroad massive energy storage tasks. Its launch of the world’s very first sodium-ion battery devoted to power storage, the ∞ Cell N162Ah, boasts a cycle life of over 20,000 cycles, laying a strong structure for the next-generation innovation competitors.

With the opening of the worldwide energy storage market, Hithium, leveraging its leading technological benefits and high-performance items, has gradually sophisticated cooperative relationships with clients in numerous nations and areas. The finalizing of a series of significant global orders not just brings steady earnings expectations for the business however likewise assists it collect worldwide job experience and improve its international brand name awareness, laying the structure for subsequent growth to more high-end clients.

III. Conclusion

The momentary lapse of the prospectus is simply a “mid-course adjustment” on Hithium’s capital market journey, unassociated to the core reasoning of its long-lasting worth.

From a worldwide viewpoint, the energy shift is a permanent pattern of the period. Energy storage, as a crucial pillar, has actually ended up being the “leading role” on the brand-new energy phase. With its innovation, production capability, and international design, Hithium is currently placed at a critical point in taking this historical chance.

Subject: Press release summary