CNGR Launches IPO: Global pCAM Leader Secures Position in the Golden Arena of New Energy

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HONG KONG, Nov 12, 2025 – (ACN Newswire)– On 7 November, CNGR Advanced Material Co., Ltd. (“CNGR” or the “Company”, stock code: 2579. HK), a worldwide popular business in brand-new energy products, formally introduced its IPO. The offering is presently underway. If development profits efficiently, the Company will end up being the 2nd brand-new energy products business in China to attain double listing on the A-share and H-share markets following CATL, highlighting its popular market position.

Throughout intraday trading on 7 November, the stock rate of CNGR (300919. SZ) rose quickly, drawing in substantial financier attention. At the time of publication, the stock cost had actually increased over 5%, showing robust market involvement.

Attaining Several Breakthroughs with Profound R&D and Innovation Capabilities

As an essential gamer in the international brand-new energy products sector, CNGR has actually constructed a detailed and varied item matrix through its vertically incorporated company design. Core items incorporate nickel-based, cobalt-based, phosphorus-based, sodium-based and other ingenious brand-new energy battery products, in addition to brand-new energy metal items, completely fulfilling the varied requirements of downstream markets.

CNGR has actually constantly concerned technical R&D as the core driving force of its advancement. Through years of build-up, the Company has actually collected comprehensive technological competence and market experience, and developed an incorporated R&D platform that covers the whole production procedure and item life process from “mineral metallurgy to brand-new energy products research study and mass-production procedure advancement, to making devices style and optimization, item screening and evaluation, and to recycling”, guaranteeing item quality regularly fulfills clients’ high requirements while efficiently managing expenses in the operations, so regarding accomplish the double competitive benefits of “high quality” and “high cost-effectiveness”.

Leveraging strong R&D abilities, CNGR has actually attained numerous market advancements: originated the industry-first ultra-high-nickel pCAM with energy density reaching 230 mAh/g, exceeding conventional ternary batteries by 27.8% to 12.7%, respectively; introduced the industry-first 4.55 V high voltage cobalt-based pCAM, substantially enhancing charging performance for LCO batteries in customer electronic devices; established the industry-first inexpensive NFPP pCAM for sodium-ion batteries, which works as a premium option to lithium-ion batteries and has actually remained in mass production because 2024, opening a brand-new development trajectory for the Company.

CNGR’s 3 industry-first R&D accomplishments exactly line up with the efficiency upgrade needs of the lithium battery market while proactively placing the Company in the sodium-ion battery option track. These developments have actually not just protected steady core customers and continual income development however likewise strengthened the Company’s technological impact and market standing in the worldwide brand-new energy products sector. With increased R&D financial investment following its double A+H share listing, the Company is poised to accomplish developments throughout several frontier sectors, continually driving industry-wide technological development, and opening large market chances and development capacity for the Company.

Keeping Rapid Growth in Performance with Steady Profitability Quality Enhancement

Driven by market development momentum and intrinsic competitive benefits, CNGR has actually accomplished quick efficiency development. In regards to profits, from 2022 to 2024, the Company’s earnings increased from RMB30.344 billion to RMB40.223 billion, attaining a CAGR of 15.13% and keeping a stable development pattern; in the very first half of 2025, the profits reached RMB21.323 billion, almost 70% of the full-year 2022 earnings, representing a year-on-year boost of 12.42% as compared to RMB18.967 billion in the very first half of 2024, showing a consistent velocity in development momentum and highlighting the connection and explosive capacity of company growth. This development is not a short-term pulse however sustainable growth driven by capability release, consumer acquisition and market need, displaying strong certainty.

In regards to success, the Company’s net earnings for 2022-2024 and the very first half of 2025 totaled up to RMB1.539 billion, RMB2.101 billion, RMB1.788 billion, and RMB0.706 billion respectively, preserving a reasonably high success level within the market. Significantly, the net revenue taped a decrease in 2024 as compared to 2023, which was mainly due to short-term cost competitors in the market and short-term variations in basic material costs, however still went beyond that in 2022, showing strong counter-cyclical strength.

In regards to revenue quality, the Company’s EBITDA margin (non-IFRS procedures) for 2022-2024 and the very first half of 2025 stood at 8.8%, 11.4%, 10.6% and 10.7%, respectively, keeping a general variety of 8%-11%, surpassing market averages and highlighting the Company’s strengths in expense control and item rates.

In basic, as an international leader in brand-new energy products sector, CNGR has a clear development reasoning and huge advancement capacity by leveraging its technological R&D strengths, complete commercial chain protection and premium consumer resources. This listing in Hong Kong will inject brand-new momentum into its future R&D financial investments, capability growth and worldwide footprint, allowing it to take more chances amidst the fast advancement of the brand-new energy market, therefore attaining higher-quality development with appealing future development capacity.


Subject: Press release summary

Sectors: Electronics, EVs, Transportation, Manufacturing

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