Haiwei Electronic (Ticker: 9609 HK) is a Chinese company specializing in the research, development, and manufacturing of capacitor films. Recognized as the "second largest capacitor film manufacturer in China" by sales volume in 2024, the company focuses on capacitor base films and metallized films for applications in New Energy Vehicles (NEVs) and new energy electricity systems.
Haiwei Electronic plans to list on the Hong Kong Stock Exchange on November 28, 2025, planning to offer 30.83 million shares at HKD 14.28, raising approximately HKD 440.3 million (USD 56.6 million). Haiwei Electronic plans to use the IPO proceeds primarily for "R&D and Product capacity" (87%), with the remainder allocated to "Working capital and Strategic acquisitions" (10%) and "Brand promotion and Business development" (3%). The offering is sponsored by China International Capital Corporation, with BOCI Asia and CCB International serving as joint underwriters.