It has been learned that on July 17th, the International Cooperation Department of the China Securities Regulatory Commission issued a filing notice regarding the overseas offering and listing, as well as the conversion of domestic unlisted shares into foreign-listed shares, for Shenzhen YX Energy Storage Technology Co., Ltd. The company plans to issue no more than 134,933,400 ordinary shares for overseas listing on the Hong Kong Stock Exchange.

Thirteen shareholders of the company intend to convert a total of 352 million domestic unlisted shares they hold into overseas-listed shares, which will then be listed and traded on the Hong Kong Stock Exchange.

According to its prospectus, the company was established in 2019 and is a leading global integrated energy storage system (ESS) solutions provider. It is dedicated to empowering high-quality global energy storage assets and offers full lifecycle solutions covering all critical stages of energy storage projects. The company focuses on the research and development, manufacturing, and sales of energy storage system solutions, serving clients both in China and overseas.

The company's integrated energy storage system solutions have diverse application scenarios, covering large-scale, industrial, and commercial energy storage applications. Based on data from Frost & Sullivan, the company's newly added independent energy storage installed capacity for the first nine months of 2025 reached 1.3 GWh, ranking first among global energy storage asset full lifecycle solution providers. In 2024, based on energy storage system shipments, the company ranked fifth among global energy storage asset full lifecycle solution providers with shipments of 3.7 GWh.

The names of the shareholders participating in the share conversion program and the quantities of shares to be converted are detailed as follows: