According to a disclosure by the Hong Kong Stock Exchange on June 3, Anker Innovations Technology Co.,Ltd. (ASX: 300866) has submitted an application to list on the Main Board. China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C., and J.P. Morgan Securities (Far East) Limited are acting as joint sponsors. The company had previously filed an application for listing on December 2, 2025.
Company Overview
As detailed in its prospectus, Anker Innovations is primarily engaged in the design and development of consumer electronics within the global smart device industry, providing trustworthy products and user-centric experiences to consumers worldwide. The company's products span three major lines: smart charging and energy storage, smart home, and smart audio-visual. These encompass a broad range, including mobile charging, consumer-grade energy storage, smart security, smart cleaning, creative printing, smart audio, and smart projection.
Anker Innovations operates on a fabless model, focusing mainly on the design and sale of smart devices while outsourcing manufacturing to production partners. The company currently manages three product lines:
Smart Charging and Energy Storage: This is the cornerstone of the business, covering the full range of Anker-branded charging devices and accessories, as well as consumer-grade energy storage products under the Anker SOLIX brand.
Smart Home: The company continuously focuses on upgrading everyday home scenarios with smart solutions. Under the eufy brand, it has developed three product series: eufy Security offers a full line of home security systems using local data storage technology, including security cameras, video doorbells, and alarm systems for a reliable, privacy-first security experience; eufy Clean is dedicated to home cleaning solutions with its powerful, intelligently navigating robot vacuums; eufyMake targets the fast-growing consumer creative printing market with products like 3D texture UV printers.
Smart Audio-Visual: Products in this category are built around the soundcore brand, aiming to enhance auditory and visual experiences. soundcore offers a diverse range of wireless products including headphones, speakers, and conference systems, integrating features like noise cancellation, open-ear designs, and smart app controls for seamless use in various settings. The company also offers the Nebula series of portable smart projectors, including advanced laser projectors with integrated audio systems for an all-in-one immersive viewing experience.
Since its founding in 2011, starting with the Anker brand, the company has consistently expanded its product portfolio to cover smart charging and energy storage, smart home, and smart audio-visual areas. It currently operates three global brands—Anker, eufy, and soundcore—along with two core sub-brands, Anker SOLIX and eufyMake.
Anker Innovations holds a strong global market share in several key segments including mobile charging, energy storage, smart home security, and wireless headphones. Specifically, according to data from Frost & Sullivan, based on revenue from 2020 to 2024, the company ranked second globally in the mobile charging products sector and was the world's largest independent mobile charging brand. In 2025, by revenue, the company ranked first globally in the mobile charging products field, capturing a 4.8% market share.
To assist product design teams in analyzing user feedback and optimizing user experience, the company has built a consumer insight-driven experience transformation system centered on two core platforms: the JML (Joint Maker Lab) research platform, a user-centric, co-creative ecosystem supporting collaborative innovation; and the BEES (Best Experience Enhancement System) platform, a standardized framework for comprehensive analysis of user feedback and data evaluation.
Financial Information
Revenue: For the years 2023, 2024, and 2025, the company generated revenues of approximately RMB 17.507 billion, RMB 24.710 billion, and RMB 30.514 billion, respectively.
Gross Margin: The company's gross margins for 2023, 2024, and 2025 were 42.7%, 43.1%, and 43.9%, respectively.
Annual Profit: The company recorded annual profits of approximately RMB 1.694 billion, RMB 2.211 billion, and RMB 2.617 billion for 2023, 2024, and 2025, respectively.
Industry Overview
The large-scale smart hardware technology market encompasses categories like smartphones, personal computers, and smart TVs, each typically exceeding USD 80 billion in size. This market is dominated by major players, and consumer demand is relatively stable and mature.
Medium and small-scale markets refer to those below RMB 576 billion (equivalent to USD 80 billion). Generally, these markets are still in emerging stages with relatively greater growth potential. They are characterized by diverse product categories, with each segment being relatively small. Many of these segments are still in early or high-growth phases with potential for rapid expansion. The competitive landscape is generally fragmented, with new entrants frequently appearing, continuously creating development opportunities. The total size of these markets in 2025 was approximately RMB 2,739.1 billion (equivalent to USD 380.4 billion).
The global mobile charging products market reached RMB 244.1 billion in 2025, with a compound annual growth rate (CAGR) of 12.1% from 2020 to 2025. By product category, the power bank market size reached RMB 173.8 billion in 2025 and is expected to maintain strong growth, reaching RMB 279.9 billion by 2030 with a CAGR of 10.0% from 2025 to 2030. This growth is primarily driven by increasing consumer demand for portable and high-capacity charging solutions, frequent upgrades of smartphones and wearables, and deepening reliance on mobile devices for work, entertainment, and travel.
The consumer-grade energy storage industry includes portable energy storage, balcony photovoltaic storage, and residential storage. The global consumer-grade energy storage market size, calculated by revenue, grew from RMB 10.1 billion in 2020 to RMB 229.0 billion in 2025, representing a CAGR of 86.7%. It is projected to reach RMB 560.5 billion by 2030, with a CAGR of 19.6% from 2025 to 2030.
From 2020 to 2025, the global smart home market maintained steady growth, expanding from RMB 661.0 billion to RMB 1,173.5 billion, a CAGR of 12.2%. Looking ahead, the smart home market is expected to reach RMB 1,919.3 billion by 2030, with a CAGR of 10.3% from 2025 onward. Growth will be further driven by the integration of smart and IoT technologies, increasing demand for personalized and intelligent user experiences, and a focus on energy efficiency and sustainable development.
Board Information
The board consists of nine directors, including four executive directors, two non-executive directors, and three independent non-executive directors. Directors serve three-year terms and are eligible for re-election. According to relevant Chinese laws and regulations, independent non-executive directors cannot serve more than six consecutive years.
Shareholding Structure
The company is held by Mr. Yang Meng and Ms. He Li with 43.39% and 3.64% of the equity, respectively. Mr. Yang and Ms. He are acting in concert and are the company's controlling shareholders. As of the latest practicable date, Shenzhen Haiyi Zhixin Technology Co., Ltd. holds equity for employee incentive purposes on behalf of other shareholders. Specifically, 12.74% is held by its employee incentive platform and the company's subsidiary Nanjing Haiyi Yuanzhi Management Consulting Partnership, and 1.00% is held by company employee Liu Wenbing.
Intermediary Team
Joint Sponsors: China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C., J.P. Morgan Securities (Far East) Limited
Company Legal Advisors: Davis Polk & Wardwell, Haiwen & Partners, Winson Partners and Legal Consultants, Shanze Partners PLLC, Addleshaw Goddard LLP, TMI Associates, Li & Partners, Jacobson Burton Kelley PLLC
Joint Sponsor Legal Advisors: Linklaters, Commerce & Finance Law Offices
Reporting Accountant: KPMG
Industry Consultant: Frost & Sullivan (Beijing) Consulting Co., Ltd. Shanghai Branch
Compliance Advisor: Redbridge Capital Limited
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