RELYEZ ENERGY
| Listing Date | 2026/11/09 Listing in 4 Days |
| Listing Price | -- |
| Listing Date | 2026/11/09 Listing in 4 Days |
| Listing Price | -- |
RelyEZ Energy Storage Technology Co., Ltd. is an integrated energy storage system, or ESS, solutions provider in China, focusing on delivering comprehensive ESS solutions, hardware products, software systems/platforms and supporting services.
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The Group engage in the research and development, or R&D, manufacturing and sales of ESS solutions and products, and provide supporting services to customers in China and abroad. The Group's ESS solutions and products are used in a wide range of scenarios, including large-scale energy storage power stations and commercial and industrial, or C&I, applications.
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The Group generated revenue from large-scale ESS solutions, C&I ESS solutions, sales of ESS products and O&M and entrusted power trading services. Its customers primarily consisted of EPC contractors, EPC sub-contractors, project owners and ESS integrators.
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As battery cells generally account for a significant majority of the cost of ESS solutions and products, and thus was a principal driver of fluctuations in financial performance.
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | China |
| Board Lot | 500 |
| No. of Offer Shares | 57.54M H shares |
| No. of International Offer Shares | 51.79M H shares |
| No. of HK Offer Shares | 5.75M H shares |
| Offer Price | $8.54 - $11.10 |
| Stock Code | 9621 |
| Sponsor(s) | CMB International Capital Limited |
| Underwriter(s) | CMB International Capital Limited, BOCI Asia Limited, BOCOM International Securities Limited, CMBC Securities Company Limited, ABCI Securities Company Limited, Huafu International Securities Limited, Austrax Securities Limited, uSmart Securities Limited, Fortune (HK) Securities Limited, Tiger Brokers (HK) Global Limited, SBI China Capital Financial Services Limited, Yuet Sheung International Securities Limited |
| Application Period | Oct 30 (Fri) - noon, Nov 04 (Wed) |
| Price Determination Date | Nov 05 (Thu) |
| Result Announcement Date | On or before Nov 06 (Fri) |
| Result Announcement Date | On or before Nov 06 (Fri) |
| Result Announcement Date | On or before Nov 09 (Mon) |
| Dealings in Shares commence on | Nov 09, 2026. (Mon) |
| Offer Price | $8.54 - $11.10 |
| Capitalization (H Shares) | 3.47B - 4.51B |
| NAV / share ($) | $2.8 - $3.15 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 9.82, the net proceeds raised would be HKD 504.00M, of which |
| 45% : Procurement of hardware components or products and recruit hardware R&D staff to support technology R&D |
| 25% : Establishing localized teams in key overseas markets, exploring overseas business partnerships |
| 20% : Construction, equipment procurement, and laboratory expenses related to new factory to be established in Wuzhen, Zhejiang Province |
| 10% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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