Power Source Technology once again submitted a prospectus to the Hong Kong Stock Exchange, planning to list on the Hong Kong Main Board

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On August 30, 2024, Power Source Technology, a power battery system company in Hefei, Anhui, once again submitted a prospectus to the Hong Kong Stock Exchange, preparing to be listed on the main board of Hong Kong. This time, the joint sponsors they chose were HSBC and CICC. This is another attempt by Power Source Technology after December 8, 2023. Power Source Technology is a domestic company focusing on the development of battery systems for passenger electric vehicles, and also has operations in India and the United States. Their main business includes the design, manufacture and sale of customized electric vehicle battery systems, and they also provide energy storage solutions and battery management systems.