Londian Wason New Energy Tech

General Information
Business:

Note: On Monday morning, Aug. 17, 2026, NYSE trading in Londian Wason was halted due to a Regulatory Concern reason. Londian Wason resumed trading on Wednesday, Aug. 19, 2026.

(Incorporated in the Cayman Islands)

We produce electrolytic copper foil, a major material used to make lithium-ion EV batteries, as well as electric energy meters and energy storage systems. We also make flexible copper-clad laminates, which are used in EV batteries as well as in 5G communications, consumer electronics and energy storage.

We are one of the world’s largest producers of lithium battery copper foil in terms of both capacity and market share. We are based in Shenzhen, China. We have numerous factories across China and one under construction in Malaysia.

Our clientele includes big battery makers such as CATL, BYD, LG Energy Solution, Samsung SDI and Panasonic.

Note: Net income and revenue are in U.S. dollars (converted from China’s RMB) for the 12 months that ended March 31, 2026.

(Note: Londian Wason New Energy Tech upsized its IPO at pricing to 4.3 million ADS – up from 3.57 million ADS – and priced the deal at $22.00 – the top of its range – to raise $94.3 million on Tuesday night, Aug. 11, 2026. Each ADS represents five ordinary shares.)

(Background: Londian Wason New Energy Tech disclosed the terms for its IPO on Aug. 3, 2026, in an F-1/A filing: 3.57 million American Depositary Shares (ADS) at a price range of $20.00 to $22.00 to raise $75 million, if priced at the $21.00 mid-point of its range. Each ADS represents five ordinary shares. Background: Londian Wason New Energy Tech filed its F-1 for its IPO – an offering of American Depositary Securities (ADS) – on July 2, 2026, without disclosing the terms. Estimated proceeds are $100 million, a placeholder figure. Some IPO pros, however, estimated at the time that Londian Wason New Energy’s IPO could raise between $250 million and $350 million.)

 

Industry: COPPER FOIL - FOR EV BATTERIES
Employees: 1646
Founded: 2001
Contact Information
Address T1-7A, 1 Shenzhen Bay Plaza No. 2233 South Keyuan Road Nanshan District, Shenzhen People’s Republic of China, 518054
Phone Number +86-0755-2878-0010
Web Address
View Prospectus: Londian Wason New Energy Tech
Financial Information
Market Cap $1706.98mil
Revenues $1874.62 mil (last 12 months)
Net Income $12.21 mil (last 12 months)
IPO Profile
Symbol FOIL
Exchange NYSE
Shares (millions): 4.3
Price range $22.00 - $22.00
Est. $ Volume $94.3 mil
Manager / Joint Managers Cantor/Huatai Securities/CMB International/US Tiger Securities/Fortune (HK) Securities/VC Brokerage
CO-Managers
Expected To Trade: 8/12/2026
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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