Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
ChinaIPO:
27 January 2016Website:
http://www.xcharge.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | Fri, 01 Nov 2024 13:30:00 GMTDividend
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XCH Latest News
Initiating coverage on XCHG Limited with a "Buy" rating, citing potential growth in the EV charging market and a 24-36 month investment horizon. XCHG's revenue growth and margin expansion, bolstered by a new manufacturing facility and geographic diversification, support a bullish outlook. The Net Zero Series chargers, featuring advanced battery-integrated technology, are expected to drive significant revenue and margin growth.
XCharge (NASDAQ: XCH), a leading provider of battery-integrated electric vehicle solutions, has launched GridLink, a DC fast charging station tailored for the North American grid.
HAMBURG, Germany, Oct. 11, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that the underwriter of the Company's initial public offering (the “IPO”) has partially exercised its option (the “Over-Allotment Option”) to purchase an additional 128,888 American Depositary Shares (“ADSs”) of the Company at the initial public offering price of US$6.20 per ADS. Each ADS represents 40 Class A ordinary shares of the Company. Total gross proceeds to the Company from the offering, including funds received from the prior closing and exercise of this option are approximately $21.5 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company.
What type of business is XCHG Limited American Depositary Share?
XCHG Limited, together with its subsidiaries, engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People's Republic of China, the United States, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series, as well as software system upgrades and hardware maintenance services. It serves EV manufacturers, energy players, and charge point operators. XCHG Limited was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
What sector is XCHG Limited American Depositary Share in?
XCHG Limited American Depositary Share is in the Industrials sector
What industry is XCHG Limited American Depositary Share in?
XCHG Limited American Depositary Share is in the Specialty Industrial Machinery industry
What country is XCHG Limited American Depositary Share from?
XCHG Limited American Depositary Share is headquartered in China
When did XCHG Limited American Depositary Share go public?
XCHG Limited American Depositary Share initial public offering (IPO) was on 27 January 2016
What is XCHG Limited American Depositary Share website?
https://www.xcharge.com
Is XCHG Limited American Depositary Share in the S&P 500?
No, XCHG Limited American Depositary Share is not included in the S&P 500 index
Is XCHG Limited American Depositary Share in the NASDAQ 100?
No, XCHG Limited American Depositary Share is not included in the NASDAQ 100 index
Is XCHG Limited American Depositary Share in the Dow Jones?
No, XCHG Limited American Depositary Share is not included in the Dow Jones index
When was XCHG Limited American Depositary Share the previous earnings report?
No data
When does XCHG Limited American Depositary Share earnings report?
The next expected earnings date for XCHG Limited American Depositary Share is 29 November 2024