Recently, Shenzhen Highpower Technology Co., Ltd. released its "2026 Prospectus for the Issuance of A-Shares to Specific Investors." According to the document, Highpower Technology plans to issue shares to a maximum of 35 specific investors in this offering, aiming to raise a total of no more than 800 million RMB. After deducting issuance expenses, the raised funds will be allocated to the "Energy Storage Battery Construction Project" and the "Steel-Shell Stacked Lithium Battery Construction Project."
The "Steel-Shell Stacked Lithium Battery Construction Project" involves a total investment of approximately 418 million RMB, with a planned injection of 400 million RMB from the raised funds. Upon reaching full operational capacity, the project will generate an annual production yield of approximately 32 million steel-shell stacked batteries. This initiative is designed to effectively meet the stringent demands of AI edge devices for high energy density and enhanced battery safety.
In terms of strategic business planning, while solidifying its traditional consumer battery operations, Highpower Technology is actively developing its energy storage business as the company's second growth curve. Currently, the company's existing energy storage production lines are operating at full capacity. Consequently, insufficient production capacity has become a primary bottleneck restricting the scale expansion of the company's business. This capacity expansion is intended not only to alleviate the current energy storage capacity bottlenecks but also to seize the strategic opportunities presented by the rapid development of AI edge devices.
At present, matters regarding Highpower Technology's issuance of shares to specific investors have been reviewed and approved by the company's Board of Directors and the Extraordinary General Meeting of Shareholders. However, the official implementation remains subject to review and approval by the Shenzhen Stock Exchange, as well as final registration consent from the China Securities Regulatory Commission (CSRC).
Source：EnergyTrend