Sunwoda Updates HK IPO Prospectus: Revenue and Profit Rise as Listing Progresses Steadily

On January 30, Sunwoda (300207.SZ) officially resubmitted its updated A1 prospectus to the Hong Kong Stock Exchange, including the latest financial and operational data. This step is part of the standard HKEX IPO process, as the original application documents had exceeded their six-month validity period; it does not indicate any abnormalities in the company’s operations or listing progress. For the first nine months of 2025, the company reported revenue of RMB 43.534 billion and net profit attributable to shareholders of RMB 14.05 billion, representing year-over-year increases of 13.73% and 15.94%, respectively. Notably, Q3 net profit surged by 41.51% year-over-year. During the same period, R&D investment reached RMB 3.202 billion, up 41.20% year-over-year. The company employs nearly 10,000 R&D personnel and holds over 5,000 patents. Sunwoda has achieved breakthroughs in solid-state battery and fast-charging technologies and is accelerating its global expansion, with plans to build 12 major manufacturing bases across China, India, Vietnam, Hungary, and Thailand. The proceeds from this Hong Kong IPO will support the company’s global expansion and ongoing technological innovation.