Deloitte China assists listing of Haiwei Elec on SEHK
The second largest capacitor film manufacturer in China
Deloitte China supported the listing of Hebei Haiwei Electronic New Material Technology Co. – H Share (Haiwei Elec, stock ticker: 09609.HK) on the Stock Exchange of Hong Kong (SEHK) on 28 November 2025.
In this global offering, Haiwei Elec issued about 35.46 million H shares following the full exercise of the offer size adjustment option, at HKD14.28 each, raising around HKD506 million.
(From left) Tracy Liu, Deloitte China’s Audit & Assurance (A&A) senior auditor; Wendy Fu, A&A manager; Jamie Li, A&A senior manager; Daniel Lai, Southern China Offering Services partner of the Capital Market Services Group (CMSG); Zhixuan Sheng, CFO of Haiwei Elec; Jony Yang, Northern China Offering Services partner of CMSG of Deloitte China; Li Xu, Northern and Western A&A leader; Wenlan Song, founder of Haiwei Elec; Dick Kay, CMSG’s National leader of Deloitte China; Shimao Gao; Nick Xie, Deloitte China's A&A senior auditor; Jenny Huang, A&A manager; Vivi Shi, A&A associate; and Xi Zhang, manager of Deloitte China's PN21 Internal Control Consulting Service, attend Haiwei Elec’s listing ceremony at Hong Kong Stock Exchange.
(from left) Vivi Shi, Nick Xie, Tracy Liu, Wendy Fu, Jony Yang, Song Wenlan, Sheng Zhixuan, Daniel Lai, Jamie Li and Jenny Huang attend Haiwei Elec’s listing ceremony at Hong Kong Stock Exchange.
Client overview
According to information from a professional research institution, Haiwei Elec is China’s 2nd largest capacitor film manufacturer in terms of capacitor base film sales volume in 2024. Haiwei Elec’s capacitor film products include capacitor base films and metallised films. These products are key components of film capacitors. Film capacitors apply to end-use application scenarios, including new energy vehicles (NEVs), new energy electricity system, industrial equipment, and home appliances.
Haiwei Elec is at the midstream segment of the capacitor film industrial chain. Haiwei Elec’s customers primarily include film capacitor manufacturers, and BYD, a NEV company in China.
Source: Haiwei Elec IPO prospectus published on 20 November 2025
Deloitte's role
As one of the core service institutions of this new listing engagement, Deloitte China has been deeply involved in the entire process of offering reporting, fundraising and listing of this client. Our engagement team worked closely with various professional parties, provided high-quality services with rich industry experience and outstanding professional capabilities to assist Haiwei Elec’s listing on the Main Board of the SEHK.
Deloitte China will continue to provide high quality professional services and outstanding resources integration to assist more clients to take one-step ahead in today's increasingly competitive and complex business environment.
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Deloitte China provides integrated professional services, with our long-term commitment to be a leading contributor to China’s reform, opening-up and economic development. We are a globally connected firm with deep roots locally, owned by our partners in China. With over 20,000 professionals across 31 Chinese cities, we provide our clients with a one-stop shop offering world-leading audit, tax and consulting services.
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