CNGR Advanced Material Co., Ltd. (Ticker: 2579 HK) is a Chinese company specializing in advanced battery materials, including ternary precursors, tricobalt tetraoxide, ferric phosphate, and other products for the new energy sector. Headquartered in China, it operates globally across China, Japan, South Korea, Southeast Asia, Europe, and North America, with facilities in regions like Guizhou, Hunan, Guangxi, Indonesia, Morocco, and Korea. Already listed on the Shenzhen Stock Exchange (Ticker: 300919 CH), this H-shares listing expands its presence.

CNGR Advanced Material plans to list on the Hong Kong Stock Exchange on November 17, 2025, offering 104.23 million primary shares at an expected price range of HKD 34.00-37.80, raising approximately HKD 3.94 billion (USD 506.61 million). A 15% greenshoe option adds up to 15.63 million shares. The post-IPO market capitalization is estimated at USD 4.81 billion. The IPO is managed by joint sponsors including ABCI Capital Ltd., BNP Paribas Securities Asia Ltd., BOCI Asia Ltd., CCB International Capital Ltd., China International Capital Corp HK Securities, and Huatai Financial Holdings Hong Kong Limited.