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Home - Finance - Hyperstrong – lists on Shanghai Stock Exchange, rises 230% on the first day – PV Magazine International
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Hyperstrong – lists on Shanghai Stock Exchange, rises 230% on the first day – PV Magazine International

solarenergyBy solarenergyJanuary 28, 2025No Comments1 Min Read
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The Chinese Battery Energy Storage System (BESS) Integrator debuted on the stock exchange with a market capitalization of RMB 11.339 billion ($ 1.56 billion).

January 28, 2025
Mariha Maisch

By ESS News

Hyperstrong, one of the world’s leading Bess integrators, has completed an initial public offer (IPO) on the Shanghai Stock Exchange Science and Technology Council.

In his exhibition debut on Monday, the company issued RMB 19.38 per share ($ 2.7) and closed at RMB 63.80 ($ 8.8), which represents an increase of 229.21% compared to the Awarding price. Market capitalization reached RMB 11.339 billion ($ 1.56 billion) compared to RMB 3,444 billion ($ 475 million).

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