Londian Wason New Energy Tech (Ticker: FOIL US) is a Cayman Islands-incorporated, China-based producer of electrolytic copper foil used in lithium-ion EV batteries, as well as flexible copper-clad laminates, electric energy meters and energy storage systems. The company is headquartered in Shenzhen and operates manufacturing facilities across China, with an additional plant under construction in Malaysia. Its customers include CATL, BYD, LG Energy Solution, Samsung SDI and Panasonic.

Londian Wason plans to list on the NYSE on August 12, 2026, offering approximately 3.57 million American Depositary Shares at a price range of $20.00 to $22.00 per ADS. Each ADS represents five ordinary shares. At the $21.00 midpoint, the IPO is expected to raise approximately $75 million. The company’s estimated market capitalization is around $1.6 billion. Cantor, Huatai Securities, CMB International, US Tiger Securities and Fortune (HK) Securities are joint managers of the offering.