RelyEZ Energy and HSC New Energy Announce IPO Plans on HKEX for 2026
RelyEZ Energy and HSC New Energy have announced their plans for initial public offerings on the Hong Kong Stock Exchange in January 2026. RelyEZ reported a revenue of RMB 880 million for the first three quarters of 2025, primarily from large-scale energy storage systems, while HSC recorded approximately RMB 539 million in operating revenue but faced a net loss of RMB 103 million. Both companies are advancing in their respective sectors, with RelyEZ expanding internationally and HSC focusing on solid-state battery materials.
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In January 2026, RelyEZ Energy and HSC New Energy launched plans for initial public offerings on the Hong Kong Stock Exchange. RelyEZ Energy submitted its application for an H-share listing on January 9, reporting a revenue of RMB 880 million for the first three quarters of 2025, with 92.7% from large-scale energy storage systems.
The company has initiated overseas expansion, generating RMB 8.6 million in revenue from U.S. clients and operating three production plants in China. HSC New Energy announced its intention to issue H-shares on January 8, currently finalizing details with intermediaries. The company recorded operating revenue of approximately RMB 539 million in the first three quarters of 2025, despite a net loss of RMB 103 million, while advancing in solid-state battery materials.
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