Sunwoda Electronic: Q3 2025 saw strong revenue and profit growth, but core profit declined year-to-date

Revenue rose 12.82% to ¥26.99 billion, with net profit up 3.88% to ¥856 million. Consumer and EV battery segments expanded, R&D investment increased, and global production capacity grew. Non-recurring gains boosted results, but cash flow and core profit margin declined.

Original document: Sunwoda Electronic Co., Ltd. Class A [300207] Interim report — Aug. 28 2025

Sunwoda Electronic plans to pursue a listing on the main board of the Hong Kong Stock Exchange, according to a Shanghai Stock Exchange filing on Wednesday.

The plan was approved by the Chinese battery maker's board on Tuesday.

The company plans to use the Hong Kong listing to enhance its international brand image and accelerate its long-term development, it said.

Sunwoda is among a number of Shanghai- and Shenzhen-listed firms that recently disclosed plans for a Hong Kong IPO as the city is on track to reclaim its title as the world's No. 1 listing destination, according to data from Dealogic.

Breton Technology 1 raised HK$147.8 million in net proceeds from its initial public offering in Hong Kong.

The electric-powered engineering machinery company issued 13 million shares at HK$18 apiece, according to a late Tuesday filing with the Hong Kong bourse.

The deal's Hong Kong public offering portion was 198.72 times subscribed, prompting the company to issue 2.6 million shares, double the 1.3 million shares initially allotted.

The international offering portion was 0.92 times subscribed, and the firm issued 10.4 million shares, lower than the initial allocation of 11.7 million.

Sunwoda Electronic unit HongKong Xinwei Electronic and Changfeng Growth Equity Fund were cornerstone investors in the listing. They subscribed to a total of 3.5 million IPO shares.

Breton Technology starts trading on the Hong Kong bourse today, May 7.

Q1 2025 revenue rose 11.97% year-over-year to ¥12.29 billion, with net income up 21.23% to ¥386 million. Operating cash flow more than doubled, while adjusted net income declined 5.97% due to lower non-recurring gains.

Original document: Sunwoda Electronic Co., Ltd. Class A [300207] Interim report — Apr. 29 2025