On January 5, Zhengtai Electric announced that in order to meet the needs of business development and further promote the internationalization strategy, the company intends to issue overseas shares (H shares) and list them on the Hong Kong Stock Exchange. According to

public information, Zhengtai Electrical Appliances was established in August 1997. In 2015 , it entered the photovoltaic field through the acquisition of Zhengtai New Energy under Zhengtai Group . At the same time, a household "low-voltage electrical appliances + photovoltaic" . According to
the latest financial data, Zhengtai Electric achieved revenue of 46.396 billion yuan in the first three quarters of 2025, a slight decrease of 0.03% compared with the same period last year; Attributable net profit was 4.179 billion yuan, an increase of 19.
On the same day, Pioneer Intelligence also announced that the company was applying for the issuance of overseas listed shares (H shares) and listing on the main board of the Hong Kong Stock Exchange.
The announcement shows that Pioneer Intelligence recently received the Notice on the Filing of Overseas Issuance and Listing of Wuxi Pioneer Intelligent Equipment Co., Ltd. issued by China Securities Regulatory Commission, the main contents of which are as follows:

2025 According to Digital New Energy DataBM.
Among them, there are 6 photovoltaic enterprises in the planning stage Industry; there are 6 photovoltaic enterprises (including 2 photovoltaic enterprises that submit the form for the second time) in the form submission stage; Three photovoltaic enterprises have completed the filing .
It is worth noting that among the 17 photovoltaic enterprises, only Junda shares completed the listing of "A + H" shares in 2025 . Its H shares were issued on May 8, 2025, and the net proceeds were successfully raised. 12.
In addition, both Zhongrun Solar Energy and Jianbang Hi-Tech were submitted to the Hong Kong Stock Exchange for the second time in 2025.
Among them, Zhongrun Solar submitted the prospectus to the Hong Kong Stock Exchange for the first time in March 2025, but the prospectus became invalid automatically because it was valid for more than six months, and then submitted the prospectus to the Hong Kong Stock Exchange for the second time in September 2025.
Jianbang Gaoke submitted the prospectus for the first time in May 2025, and the prospectus was automatically invalidated due to the expiration of the six-month validity period, and then submitted the prospectus to the Hong Kong Stock Exchange again in November 2025.
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