IPO News | Zhendrive Technology once again submitted to the Hong Kong Stock Exchange

The Zhitong Finance App learned that according to the Hong Kong Stock Exchange's disclosure on July 22, Zhendrive Technology (Shanghai) Co., Ltd. (abbreviation: Zhendrive Technology) submitted a listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities and Cathay Pacific Haitong as co-sponsors. The company submitted its listing to the Hong Kong Stock Exchange on January 2, 2026.

According to the prospectus, Zhendrive Technology is a technology-driven supplier of electronic control solutions, mainly aimed at the field of new energy vehicles. As the core subsystem of an electric drive or power supply system, electronic control enables precise control of the motor or power supply by converting electric energy into controllable power output, thereby ensuring efficient and reliable vehicle performance. As of May 31, 2026, the company has won 59 fixed points from 15 OEMs directly or through tier-1 suppliers; the company's solutions have been applied to 92 models, 74 of which have entered the mass production stage. According to Frost & Sullivan, the company's main solutions are in a leading position in the Chinese market in terms of sales revenue.