[SMM Flash News] Billion-Dollar Lithium Battery Leader Welcomes Sichuan State-Owned Capital Investment

Published: Nov 7, 2025 23:47
Zhongke Electric recently announced that state-owned capital platforms from Sichuan and Chengdu, along with CALB, will indirectly invest in Zhongke Electric, collectively acquiring 5.001% of Zhongke Electric's shares for 800 million yuan. According to the announcement, Yu Xin, Li Aiwu, and their acting-in-concert parties, including Yu Qiang, Li Xiaolang, Luo Xinhua, Huang Yuehua, and Huang Xiongjun, plan to transfer approximately 34,278,200 unrestricted tradable shares, representing 5.001% of the company's total share capital, to KaiBo (Chengdu) New Energy Equity Investment Fund Partnership (Limited Partnership).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Easpring Materials Achieves Over 100 Billion Yuan In Operating Revenue For 2025
1 min ago
Easpring Materials Achieves Over 100 Billion Yuan In Operating Revenue For 2025
Read More
Easpring Materials Achieves Over 100 Billion Yuan In Operating Revenue For 2025
Easpring Materials Achieves Over 100 Billion Yuan In Operating Revenue For 2025
On March 30, Beijing Easpring Material Technology Co., Ltd. released its 2025 annual report. During the reporting period, the company achieved operating revenue of 103.742 billion yuan, a year-on-year increase of 36.63%; net profit attributable to shareholders of the listed company was 6.323 billion yuan, a year-on-year increase of 34.02%. Its high-nickel multi-element materials for all-solid-state batteries can meet the demand for battery energy densities exceeding 400Wh/kg, while its lithium-rich manganese-based materials can meet the demand for 500Wh/kg batteries. Related products have achieved batch supply at levels exceeding 20 tons, and its solid-state electrolyte products have entered the batch verification stage with leading customers.
1 min ago
Lead Intelligent's Net Profit Grows Over 446% In 2025
1 min ago
Lead Intelligent's Net Profit Grows Over 446% In 2025
Read More
Lead Intelligent's Net Profit Grows Over 446% In 2025
Lead Intelligent's Net Profit Grows Over 446% In 2025
On the evening of March 30, Wuxi Lead Intelligent Equipment Co., Ltd. released its 2025 annual report. During the reporting period, the company achieved operating revenue of 14.443 billion yuan, a year-on-year increase of 21.83%; net profit attributable to shareholders of the listed company was 1.564 billion yuan, a year-on-year increase of 446.58%; net profit after deducting non-recurring gains and losses increased by 330.00% year-on-year. Revenue from lithium battery intelligent equipment reached 9.471 billion yuan, accounting for 65.57% of operating revenue, a year-on-year increase of 23.18%; revenue from 3C intelligent equipment was 607 million yuan, a year-on-year decrease of 11.92%, accounting for 4.20% of operating revenue.
1 min ago
[SMM PV News] RayGen Deploys 1 MW Solar and Thermal Storage System in Brazil
4 hours ago
[SMM PV News] RayGen Deploys 1 MW Solar and Thermal Storage System in Brazil
Read More
[SMM PV News] RayGen Deploys 1 MW Solar and Thermal Storage System in Brazil
[SMM PV News] RayGen Deploys 1 MW Solar and Thermal Storage System in Brazil
Melbourne-based RayGen has fully commissioned a 1 MW concentrated solar and long-duration thermal energy storage system in Petrolina, Brazil, in partnership with Axia Energia. The facility utilizes RayGen's 'PV Ultra' technology, which uses mirrors to concentrate sunlight onto modules while capturing heat in a water-based storage system. This design achieves a 70% round-trip efficiency. Axia is testing the technology for potential large-scale deployment to help power 'AI factories.' RayGen already operates a commercial facility in Australia and is currently advancing a 200 MW/1,200 MWh utility-scale project in South Australia.
4 hours ago
Zhongke Electric recently announced that state-owned capital platforms - Shanghai Metals Market (SMM)