Jiangsu Zenergy completes HK$504 million placement of 45,921,000 new H shares

"Davis Polk advised Jiangsu Zenergy Battery Technologies Group Co., Ltd. on a placement of 45,921,000 new H shares for an aggregate consideration of approximately HK$504 million. The shares are listed on the Hong Kong Stock Exchange. Davis Polk also advised Zenergy on its HK$1.01 billion IPO in April 2025."

Davis Polk advised Jiangsu Zenergy Battery Technologies Group Co., Ltd. on its recent placement of new H shares. The transaction comprised the placement of 45,921,000 new H shares for an aggregate consideration of approximately HK$504 million. The shares are listed on the Hong Kong Stock Exchange. Jiangsu Zenergy Battery Technologies Group Co., Ltd. is a Chinese lithium‑ion battery manufacturer focused on the research and development, production and sale of electric vehicle (EV) battery products and energy storage system (ESS) battery products, including integrated battery solutions and battery management systems for large‑scale electrochemical applications. Davis Polk also advised Zenergy on its HK$1.01 billion initial public offering in April 2025. Davis Polk advised Jiangsu Zenergy Battery Technologies Group Co., Ltd. with a team composed by: partners Li He and Jason Xu, and counsel Vanessa Chan. Members of the Davis Polk corporate team were based in the firm's Hong Kong and Beijing offices.

Jiangsu Zenergy completes HK$504 million placement of 45,921,000 new H shares

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