On January 5, 2026, Great Power and Chint Electric simultaneously announced their plans to list on the Hong Kong Stock Exchange’s main board via H-share offerings.
Both A-share listed companies are targeting international expansion and diversified financing needs, aiming to achieve an "A+H" dual-listing status. They have emerged as key highlights in the new energy sector amid Hong Kong’s 2026 IPO boom.
Great Power: Plans H-Share Listing in Hong Kong
On January 5, Great Power issued an announcement stating that it intends to issue overseas listed foreign shares (H-shares) and apply for listing on the main board of the Hong Kong Stock Exchange.
The move is intended to deepen the company’s global strategic layout, enhance its comprehensive competitiveness in international markets, build an international capital operation platform, and strengthen its overseas financing capabilities.
As of the announcement date, aside from the company’s board of directors approving proposals including "On the Company’s Issuance of H-Shares and Listing on the Main Board of the Hong Kong Stock Exchange" and "On the Plan for the Company’s H-Share Issuance and Listing on the Hong Kong Stock Exchange", other specific details have not been finalized. The company is currently discussing relevant matters of this offering and listing with intermediaries.
Founded in 2001, Great Power listed on the Shenzhen Stock Exchange in 2015. Its core business covers the R&D, production and sales of lithium-ion batteries, primary batteries (lithium-iron, lithium-manganese, zinc-air batteries, etc.), and sodium-ion batteries.
Financial reports show that in the first three quarters of 2025, Great Power recorded revenue of RMB 7.581 billion, a year-on-year increase of 34.23%; its net profit attributable to shareholders was RMB 115 million, a year-on-year surge of 89.33%.
Chint Electric: Plans Hong Kong Listing to Pursue A+H Status
On January 5, Chint Electric released an announcement stating that it intends to issue overseas shares (H-shares) and list on the Hong Kong Stock Exchange.
According to the announcement, this H-share listing plan is to meet business development needs, advance the internationalization strategy, leverage the international capital market to expand diversified financing channels, and further enhance the company’s comprehensive competitiveness.
Chint Electric noted that it is currently discussing specific progress of the H-share issuance and listing with relevant intermediaries, and details have not been confirmed. The offering will not result in changes to the company’s controlling shareholder or actual controller.
As a leading domestic enterprise in the low-voltage electrical and new energy industries, Chint Electric listed on the A-share market in 2010. Its business spans two core segments: smart electricals and new energy, covering distribution appliances, PV power plant development, residential PV, inverters, and energy storage.
These businesses are operated by different entities under the Chint Group. Key subsidiaries in which Chint Electric holds stakes include Chint Aneng, Tongrun Equipment, instrumentation, new energy development, and building electricals. Among them, Tongrun Equipment focuses on energy storage and inverters; Chint Electric became its controlling shareholder through a merger and acquisition in 2022.
Financial reports indicate that in the first three quarters of 2025, Chint Electric achieved revenue of RMB 46.396 billion (a slight year-on-year decrease of 0.03%), and net profit attributable to shareholders of RMB 4.179 billion (a year-on-year increase of 19.49%).
Source：EnergyTrend