On May 16, 2025, Jiangsu Zerun New Energy Technology Co., Ltd. (Stock Code: 301636) was officially listed on the ChiNext Board of the Shenzhen Stock Exchange, with a total IPO fundraising of RMB 528 million, marking the company's entry into a new stage of development empowered by capital.

On the first trading day, the company's offering price was RMB 33.06 per share with a P/E ratio of 17.57x. By the morning close, the share price surged by 111.74%, with a total market capitalization reaching RMB 4.5 billion, earning high recognition from the capital market.

As a national-level specialized, refined, differential, and innovative "Little Giant" enterprise, ZERUN is deeply engaged in the core photovoltaic component sector, focusing on integrated solutions for photovoltaic module junction boxes, deeply participating in national standard formulation, and serving leading domestic and international photovoltaic manufacturers such as Maxeon, TCL Zhonghuan, and Canadian Solar, boasting outstanding industry competitiveness. Meanwhile, the company is accelerating its layout in new energy vehicle connection and protection businesses, and has become a core supplier for enterprises including Camel Group and Wuhan Jiachen, with the new business set to become a new engine for performance growth.

During the reporting period, the company's operating revenue increased from RMB 522 million to RMB 876 million, and the non-recurring profit and loss deducted net profit attributable to parent shareholders rose from RMB 83.9884 million to RMB 120.1673 million. The steady growth in both revenue and profit demonstrates the company's solid development resilience.

This listing marks a new starting point. Driven by technological innovation, ZERUN will continue to deepen its core photovoltaic business, expand the new energy track, continuously create value for customers, and contribute to the high-quality development of the new energy industry.