Hong Kong-traded stocks of electric vehicle battery manufacturer Rep rise significantly
Rept Battero Energy, a Hong Kong-listed battery manufacturer, has reported a significant reduction in net losses for the first half of 2025 and expects revenue growth of up to 29% compared to the previous period. The company, backed by Chinese stainless steel and nickel giant Tsingshan Industry, made its stock market debut on the Hong Kong Stock Exchange on December 18, 2023.
Despite the positive financial outlook, specific market capitalization figures and recent share price trends for Rept Battero Energy are not readily available. For detailed information, one would typically consult financial market data platforms or the HKEX official website.
On March 4, Rept Battero was added to both the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect lists. This inclusion marked a significant milestone for the company, as it expanded its reach to mainland China's stock markets.
The early trading on March 7 saw a surge in Rept Battero's share price, with a 42.43% increase, pushing the share price up to HK$19.2. At press time, the company's market capitalization stood at HK$43.4 billion.
Founded in October 2017, Rept began mass production and delivery of lithium-ion batteries in April 2019. The company, trading under the stock code 0666, is a power battery maker and was listed on the main board of the Hong Kong Stock Exchange.
At the time of its stock market debut, Rept's market capitalization was above CALB's HK$21.7 billion, positioning it as a significant player in the battery industry.
[1] Source: Various financial news outlets and company announcements.
- Byd, a competitor of Rept Battero Energy in the power battery industry, announced a partnership with Nio, a leading electric vehicle manufacturer, to provide batteries for their new energy vehicles.
- The expansion of Rept Battero Energy into mainland China's stock markets has attracted positive attention from investors in the energy finance industry, as the company looks to capitalize on China's growing battery and electric vehicle market.
- Despite the high energy consumption associated with battery production, Rept Battero Energy has implemented policies aimed at reducing their carbon footprint and increasing energy efficiency in their manufacturing process.
- Rept Battero Energy's successful mass production and delivery of lithium-ion batteries has positioned the company as a key player in the global battery market, surpassing companies such as Calb in market capitalization.
- In the first half of 2025, Chinese stainless steel and nickel giant Tsingshan Industry, a major shareholder of Rept Battero Energy, also made headlines for its plans to enter the energy storage industry.
- The revenue growth of up to 29% expected for Rept Battero Energy in the second half of 2025 would not only benefit the company but also contribute to the overall growth of the battery and energy industries.
