According to the disclosure on June 28th of the Hong Kong Stock Exchange, Zhengxin Optoelectronic Technology Co., Ltd. submitted an IPO application to the exchange's main board, with Huatai International as its exclusive sponsor.

The prospectus shows that Zhengxin Optoelectronics is a leading global photovoltaic module manufacturer and one of the earliest companies in China to deploy photovoltaic hydrogen production. The company is committed to becoming a green energy solution provider. The company mainly produces and sells a full range of photovoltaic modules, including standardized photovoltaic modules for household customers, commercial enterprises, and power plant projects, as well as scenario-based photovoltaic modules for various applications.

The company pursues its mission of "making green energy more efficient". First, the company uses technology to make its components more efficient and optimizes product cost control through management. Secondly, on the basis of the most cost-effective and efficient components, the company uses its own patented installation methods to improve the installation efficiency of its photovoltaic systems in different application scenarios, reduce costs, and thus lower the cost of per kilowatt-hour. Finally, by combining photovoltaic products and photovoltaic systems with the company's hydrogen production technology, the company makes green hydrogen and hydrogen-based products the most competitive energy products.

The company also has strong full-chain photovoltaic power station service capabilities, covering key stages such as project design, development, construction, operation, and maintenance, and has established a leading position in the photovoltaic industry. As one of the earliest companies in China engaged in the photovoltaic industry, since 2007, the company has been deeply involved in the field of photovoltaic modules, with rich industry experience and deep global customer accumulation. The company's sales network covers more than 60 countries and regions around the world and is an internationally recognized photovoltaic brand. With its diverse product portfolio, advanced research and development technology, and strong scale manufacturing capabilities, the company is able to quickly keep up with changing market trends and flexibly meet the needs of different customers. The company has been consistently ranked as Bloomberg's global top-level photovoltaic module manufacturer since 2015.

According to data from Analysys, in 2023 the company is the third largest photovoltaic module manufacturer in the world, with an annual shipment volume of 2.7GW. In addition, according to data from Analysys, the company is one of the earliest companies in China to enter the field of photovoltaic hydrogen production, focusing on the development and design of integrated solutions for the utilization of solar energy for hydrogen production.

In terms of finance, the company's revenue for 2021, 2022, and 2023 is approximately RMB 2.813 billion, RMB 4.172 billion, and RMB 3.579 billion, respectively; during the same period, the company's annual profit is approximately RMB -25.568 million, RMB 150 million, and RMB 93.914 million, respectively.