Jiangsu Zenergy Battery Technologies (HKG:3677) has begun preparations for a proposed listing on the ChiNext Market of the Shenzhen Stock Exchange, according to a Thursday Hong Kong bourse filing.
The electric vehicle battery maker said it has signed a listing tutoring agreement with Guotai Haitong Securities and submitted a tutoring filing application to the relevant regulatory authorities as part of the proposed A-share listing.
The proposed listing remains subject to further board and shareholder approvals, as well as regulatory clearances, the company said.
Shares of the firm were up over 7% in Friday morning trade.
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