The Zhitong Finance App learned that the Hong Kong stock prospectus submitted by Shanghai Reshape Energy Group Co., Ltd. (abbreviation: Reshape Energy) on February 29, 2024 expired on August 29. At the time of submission, CICC was the sole sponsor.

According to the prospectus, Reshape Energy is a leading hydrogen energy technology company in China that is market-oriented and has a global perspective. During the track record period, the company focused on the design, development, manufacture and sale of hydrogen fuel cell systems, hydrogen energy equipment and related components, and provided hydrogen fuel cell engineering development services to meet customer needs.

In recent years, with the company's rich technical strength and valuable market resources, the company has further expanded to the upper reaches of the hydrogen energy industry, independently developing proton exchange membrane (“PEM”) pure water electrolysis hydrogen production systems, hydrogen production power supplies, advanced alkaline (“ALK”) electrolyzer electrodes and other key components to effectively use electric energy to produce hydrogen. The company's comprehensive product and service portfolio enabled the company to realize the collaborative application of hydrogen and electricity, thus forming a new “electric-hydrogen-electricity” business model.

On the financial side, in 2021, 2022, and for the nine months ended September 30, 2023, Reshape Energy achieved revenue of approximately 0.524 billion yuan, 0.605 billion yuan, 0.115 billion yuan, and 0.219 billion yuan respectively; during the same period, the company lost approximately 0.654 billion yuan, 0.546 billion yuan, 0.443 billion yuan, and 0.46 billion yuan, respectively .