EAGLERISE ELECTRIC HKEX Listing Application Lapses; Second Among Chinese Suppliers of Global Medium-Voltage Transformer Equipment

NewTimeSpace News: The listing application filed by Eaglerise Electric & Electronic (CHINA) Co., Ltd. with The Stock Exchange of Hong Kong Limited on 30 January 2026 has lapsed upon the expiry of the six-month period.

The Company is a global supplier of power equipment and solutions, focusing on sectors including new energy, data centres, power distribution, industrial control and lighting. It specialises in transformer equipment products and delivers customised integrated solutions. As at 30 September 2025, its business footprint covered more than 60 countries and regions globally.

Measured by 2024 revenue, the Company ranks second among the world’s top five Chinese suppliers of medium-voltage transformer equipment with a market share of 2.2%. In the new energy transformer equipment segment, it recorded revenue of approximately RMB2.6 billion and secured a 3.7% global market share, ranking second among Chinese suppliers. For data centre transformer equipment, revenue reached roughly RMB149 million, representing a global market share of 2.3% and third position among Chinese suppliers. In the lighting power supply industry, revenue stood at around RMB843 million, accounting for a 1.2% global market share and ranking fifth among global suppliers.

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