Fox ESS has secured approval for its initial public offering (IPO) application from the SZSE. The solar and energy storage company plans to issue up to 90 million A-shares on the ChiNext board, backed by Guotai Haitong Securities, in a bid to raise more than CNY 1.6 billion. The inverter and battery specialist, which was founded in September 2019, said it will use the proceeds to fund construction of an intelligent energy storage industrial park, an R&D center, and a marketing and technical support network.

https://www.pv-magazine.com/2025/06/27/chines...-shenzhen/

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