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On December 18, 2023, it is reported that Rept Battero has officially been listed on the main board of the Hong Kong Stock Exchange (HKEX) under the stock code: 0666.HK, with an issue price of HKD 18.3 per share.

As of 10 AM on that day, its stock price rose to HKD 19.18 per share, marking a 4.81% increase, and the market capitalization reached HKD 43.67 billion. With this achievement, Rept Battero surpassed CALB, becoming the lithium battery company with the highest market value on the Hong Kong Stock Exchange.

According to the announcement, Rept Battero conducted a global offering of 116 million shares, raising a net amount of HKD 2.013 billion through its initial public offering. 80% of the raised capital will be allocated to expanding the company’s production capacity, while the remaining portion is earmarked for purposes such as research and development and operational funds.

Source: WeChat Official Account—锂电百事通

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