On May 21, Hunan Yuneng announced that it planned to issue overseas listed foreign shares (H shares) and apply for listing on the Hong Kong Stock Exchange to promote the layout of the + H dual capital platform.
Hunan Yuneng's core products are cathode materials such as lithium iron phosphate, which are widely used in the manufacture of power batteries and energy storage batteries . It also deeply binds Ningde Times , BYD and other leading enterprises to become the core supplier in the field of energy storage battery materials.
It is worth noting that since the second half of 2025, the lithium iron phosphate industry has shown a trend of short supply and rising volume and price. In the first quarter of this year, the company realized a net profit of 1.356 billion yuan, a sharp increase of 1337.77% over the same period last year, which is more than net profit of the whole year of 2025 (1.277 billion yuan).
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