Power Source Technology once again submits listing application to the Hong Kong Stock Exchange

Power Source Technology Holdings Co., Ltd. in Hefei, Anhui, as the holding company of Hua Ting (Hefei) Power Technology Co., Ltd., submitted its listing application to the Hong Kong Stock Exchange again on August 30. Hua Ting Power is a domestic company focusing on the development of battery systems for passenger electric vehicles, and also operates in India and the United States. The company's founder, Zhou Peng, has more than 17 years of experience in the power battery industry. According to a report by Frost & Sullivan, Power Source Technology ranked fourth in the Chinese passenger pure electric vehicle market in 2023, with a market share of 5.1%.