Key Points:
·Production capacity layout: Eve Energy plans to invest 8.65 billion yuan to build an energy storage battery base in Malaysia.
·Capital actions: The company has submitted an application for a listing of H shares on the Hong Kong stock exchange, advancing its internationalization strategy.
【2Firsts news flash】Huizhou Eve Energy Co., Ltd. (300014.SZ) recently announced that its board of directors approved its wholly-owned subsidiary, Yiwu Energy Storage Malaysia (EVE ENERGY STORAGE MALAYSIA SDN. BHD.), to invest no more than 8.65 billion yuan in Kuala Lumpur, Malaysia to build a new energy storage battery project with high safety, high reliability, and long life. The project construction period will not exceed 2.5 years, with a land area of approximately 484,000 square meters. Funding sources include the company's own funds, fundraising, and bank financing.
This project will leverage Eve Energy's experience in domestic energy storage manufacturing and operation to further expand overseas production capacity, meet global energy storage demand, and help mitigate the uncertainty caused by international trade frictions, thus improving its global industrial layout.
In addition, Eve Energy officially submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange on June 30, and relevant application materials have been disclosed on the HKEX website. The issuance of H-shares still requires approval from regulatory bodies such as the China Securities Regulatory Commission, the Securities and Futures Commission of Hong Kong, and the Hong Kong Stock Exchange, which could involve certain uncertainties.
The company stated that the dual deployment of "overseas production capacity" and "international capitalization" aims to strengthen its global competitiveness and support its long-term development strategy in the field of new energy storage.
We welcome news tips, article submissions, interview requests, or comments on this piece.
Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn
Notice
1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.
2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.
3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.
4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.
Copyright
This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.
For copyright-related inquiries, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.
We welcome any corrections or feedback. Please contact us at: info@2firsts.com
