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Breton

Breton Technology Co., Ltd. (Ticker: 1333 HK) is a China-based provider focused on designing, developing, and commercializing battery-electric engineering machinery, including wide-body dump trucks and loaders with autonomous capabilities. Breton plans to list its H-shares on the Hong Kong Stock Exchange (HKEX) Main Board, with trading expected from May 7, 2025. The company is offering shares at a fixed price of HKD 18.00 each, aiming to raise approximately $30.16 million USD (around HKD 235 million). Breton reported significant growth in shipments but has incurred net losses during its track record period, attributed by the company to R&D investments, pricing strategies, and other costs. The company holds notable market shares in China's new energy wide-body dump truck and loader segments. China International Capital Corporation and CMB International are the joint sponsors for the offering.

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