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CNGR Advanced Material to debut on Hong Kong Stock Exchange after IPO, with strong global market position and revenue growth.
CNGR Advanced Material, a global leader in new energy battery materials, is set to debut on the Hong Kong Stock Exchange on November 17, 2025, following its IPO launch on November 7.
The company, which holds a 21.8% global market share in pCAM shipments as of 2024, operates a broad production network across China, Indonesia, Morocco, and planned sites in South Korea.
It has established strategic partnerships with top electric vehicle and battery makers worldwide, supplying the industry’s top ten battery manufacturers.
The firm reported strong financial performance, with revenue rising from RMB30.3 billion in 2022 to RMB40.2 billion in 2024, and maintained profitability despite market challenges.
It aims for dual listings on China’s A-share and H-share markets, supporting continued investment in advanced battery materials, including ultra-high-nickel and sodium-ion technologies.
CNGR Advanced Material debutará en la Bolsa de Hong Kong después de la salida a bolsa, con una sólida posición en el mercado mundial y un crecimiento de los ingresos.