On December 16, 2025, Guoxia Technology Co., Ltd. ("Guoxia Technology" or the "Company", Stock Code: 02655.HK), a global provider of "AI+" energy storage and renewable energy solutions and products, officially listed on the Main Board of Hong Kong Exchanges and Clearing Limited. This milestone marks Guoxia Technology's entry into the international capital market and the beginning of a new phase in its global development.
Guoxia Technology's Chairman and Executive Director Feng Lizheng, Executive Director, Chief Executive Officer and General Manager Zhang Xi, Executive Director and Executive President Liu Ziye, Executive Director, Senior Vice President, General Manager of Domestic Business Group, Chief Technology Officer and Chief Engineer of Domestic Business Group Bai Yang, Executive Director, Senior Vice President, General Manager of Overseas Business Group and Product Director of Overseas Business Group Zhu Shuaishuai, Executive Director, Vice President, Assistant to the Chairman and Chief Financial Officer Wang Zhenlin, along with global investors, partners, and employee representatives, jointly witnessed this milestone moment on-site at HKEX.
In this global offering, the company issued 33.8529 million shares at an issue price of HKD 20.1 per share, raising a net amount of approximately HKD 605.6 million (assuming the share issuance adjustment option and the over-allotment option are not exercised, after deducting underwriting commissions, expenses related to the global offering and other costs). This not only reflects the capital market's firm confidence in the long-term value of Guoxia Technology in the "AI+" energy storage sector but also validates the company's comprehensive capabilities in systematic technological expertise, commercial implementation and global market expansion.
Officially entering the ranks of public companies marks a new starting point in Guoxia Technology's development journey. In the future, we will focus on the strategic direction of "AI+" energy storage and our ecological development positioning, embracing scrutiny and empowerment in a more open and transparent capital market environment.
Since its founding in 2019, Guoxia Technology has remained steadfast in its core values of "Pure in Purpose, Integrity in Craft, People-Centered, Excellence through Innovation", while carrying out its corporate mission: "Digital Energy, Smart Future".
We are keenly aware that becoming a public company entails greater responsibility. We are committed to leading the transformation of energy scenarios through cutting-edge technology and driving the reshaping of future society by renewable energy. While pursuing technological breakthroughs and efficiency improvements, Guoxia Technology places high importance on safety boundaries and social responsibility, advocating for a human-centered and sustainable path of technological development.
The company is headquartered in Wuxi, China, where Guoxia Technology has established a comprehensive closed-loop ecosystem covering research and development, production, and delivery. Diverging from a hardware-only approach, we adhere to a "systematic + intelligent" philosophy in our business practices. Through the efficient coordination of our "cloud-edge-device" smart architecture, we advance energy storage systems from passive "energy containers" to actively perceptive and flexibly dispatchable "flexible intelligent assets". Leveraging AI algorithms, we enable a safety leap from "passive response" to "active prediction", continuously optimizing the safety, operational efficiency and full lifecycle value of energy storage assets, thereby contributing to the construction of a new power system and energy ecosystem.
It is worth mentioning that the company is actively advancing its intelligent exploration by extending AI technology from cloud-based algorithms to physical entities. In the future, the company plans to deploy AI robots for scenarios such as edge-based intelligent decision-making and auxiliary operations and maintenance, with the potential to enable autonomous inspections and anomaly detection for energy storage systems. This forward-looking initiative aims to establish a more precise and efficient automated management framework for energy storage assets, thereby continuously strengthening the company's innovative leadership in the "AI+" energy storage sector.
Relying on the dual-track strategy of "coordinating domestic and international markets while advancing both large-scale and distributed energy storage" and driven by the dual brands of "Guoxia Technology" and the overseas brand "HANCHU ESS", the company has established a continuously growing business framework:
Domestically, under the brand "Guoxia Technology", the company actively participates in the construction of large-scale, grid-side energy storage projects, leveraging its system-level capabilities to meet the demands of the new power system.
Internationally, under the brand "HANCHU ESS", the company's residential and commercial & industrial energy storage products have successfully entered multiple mature markets, serving households and enterprises worldwide.
According to the prospectus, the company's revenue has maintained rapid growth over the past three years. While pursuing performance growth, we remain committed to creating sustainable long-term value for customers, partners and society through warmer, more thoughtful products and services.
As a public company, Guoxia Technology will strictly adhere to the rules and requirements of HKEX and relevant regulatory bodies, continuously enhancing corporate governance and the quality of information disclosure and operating in a more standardized and transparent manner.
According to the company's public documents, the funds raised will be primarily allocated to:
1. Deepening research and development of "AI+" energy storage core technologies;
2. Building overseas operations and service networks;
3. Expanding product production capacity.
Centered on the principle of "Ecological Synergy, Value Co-creation", Guoxia Technology will continue to deepen collaboration with industry chain partners and project stakeholders. Through various models such as consortiums, the company aims to jointly build a professional resource repository, share industry expertise and enhance comprehensive service capabilities at the system level.
Mr. Feng Lizheng, Chairman and Executive Director of Guoxia Technology, stated, “Going public is not only an honor but also a responsibility. In the face of the global technological wave, we firmly believe that technological advancement should not be solely about speed and competition; sustainable coexistence is essential to creating a better technological ecosystem. Guoxia Technology will continue to deepen its efforts in the ‘AI+’ energy storage sector, building a full-stack technological system from ‘cloud-based intelligence’ to ‘embodied intelligence’. Through the efficient coordination of ‘cloud-edge-device’, we leverage AI algorithms to define hardware, transforming energy storage systems from passive ‘energy containers’ into proactive, autonomous ‘intelligent assets’.
Standing at this new starting point, we will remain true to our original aspirations, shaping our corporate spirit with cultural confidence and guiding our strategic direction with a commitment to responsible business. Upholding a long-term perspective, we will break boundaries, foster shared value and spread warmth. Together with global partners, we will pioneer cutting-edge tech to reinvent energy, driving renewables to reshape our future."
