New stock news | Aodong New Energy Secondary Listing on the Hong Kong Stock Exchange

On July 19, Aodong New Energy Co., Ltd. (referred to as "Aodong New Energy") submitted an application to the Hong Kong Stock Exchange main board, with CMB International as the sole sponsor. The company had previously submitted an application for listing to the Hong Kong Stock Exchange on December 12, 2025. According to the prospectus, Aodong New Energy is a mature participant in the Chinese battery swapping industry, dedicated to establishing a comprehensive product and service portfolio covering the battery swapping ecosystem. The company's solutions can meet the market demand for battery-swappable electric vehicles. The company also provides operation services for battery swapping station owners and offers battery swapping services for battery-swappable electric vehicles through its own battery swapping stations. According to data from Zhoushi Consulting, the company ranked third in China in terms of revenue generated from battery swapping station operation services in 2025. Through its independently developed smart energy services platform, the company can efficiently manage battery swapping equipment, vehicles, and batteries, thereby better meeting user needs.