Ruipu Lanjun (00666) was included in the MSCI Global Small Cap Index

Zhitongcaijing · 05/30 09:41

The Zhitong Finance App learned that on May 13, 2025, the MSCI series of indices announced the results of the May index review, and the relevant adjustments will officially take effect after closing on May 30. Among them, the MSCI Global Small Cap Index includes 12 Hong Kong stocks including Ruipu Lanjun (00666) in China.

As an important weather vane for global financial markets, the MSCI Index has always been a key reference for institutional investors. Its strict screening criteria cover multiple dimensions such as liquidity, market capitalization size, and financial status. With its outstanding strength, Ruipu Lanjun successfully passed these strict screening and obtained the qualification for inclusion in the MSCI Global Small Cap Index, which is undoubtedly a strong certification of its international competitiveness.

Due to the broad influence of the MSCI Index, Ruipu Lanjun's inclusion will directly bring global funding attention. Many traded open-ended index funds (ETFs) and index funds around the world track the MSCI index. When the index adjustment takes effect, these funds will reallocate stocks according to the new weights. Ruipu Lanjun, as a newly included constituent stock, will become a potential important buyer of these funds, and a large amount of capital is expected to flow into their stocks, thereby significantly increasing the liquidity and market attention of the stocks.

Ruipu Lanjun's ability to be recognized by MSCI is inseparable from its good performance in the business. The company focuses on the R&D, production and sales of lithium-ion batteries, is committed to providing solutions for new energy vehicle power and smart energy storage, and has achieved remarkable results in the industry. In 2024, the company achieved revenue of 17.796 billion yuan (RMB, same below), an increase of 29.44% over the previous year. In 2024, the company's lithium battery product sales increased strongly by 124.4% to 43.71 GWh.

In terms of customer cooperation, in 2024, the company signed strategic cooperation agreements with companies such as Leyitong and Liugong to win the bid for energy storage cell procurement requirements of central state-owned enterprises such as Guoneng Credit Control and CNPC, and also signed energy storage orders with overseas customers such as Powin and Vena Energy. In the passenger car business, dozens of passenger car brands, including SAIC-GM-Wuling, SAIC-GM-Wuling, SAIC-Pentium, Krypton, Smart, Volvo, and Stellantis, have maintained deep and stable cooperation, adding more than 20 new models. With innovative achievements such as “Top” technology, they have performed outstanding in the PHEV battery field, and related products have been successfully equipped with various models. It has also achieved full coverage of mainstream products in the commercial vehicle and construction machinery sector, and the installed capacity of new energy heavy trucks ranks first in the industry.

On May 27, 2025, Ruipu Lan Jun and Korea's Hyosung Heavy Industries formally signed a Memorandum of Strategic Cooperation (MOU) in the field of battery energy storage systems. Ruipu Lanjun will supply 2.5 GWh energy storage products to jointly promote the application and popularization of energy storage technology in the global market.

Behind these achievements, Ruipu Lanjun's forward-looking establishment of a “power+energy storage” two-wheel drive strategy is essential, and strong R&D strength is the key to the successful implementation of this strategy. The company has established three R&D centers in Shanghai, Wenzhou and Jiashan. In 2024, it has 1,249 R&D personnel and has been granted 2,532 patents.

With strong R&D capabilities, Ruipu Lanjun has created a rich product matrix. Pioneering integrated cover design, improving space utilization by more than 7%; using dual high-solid-liquid interface technology, breaking through the volumetric energy density ceiling. Its specialty products, such as “top” square batteries and ET batteries, are quite competitive in the market. For example, the energy density of “Wending” series lithium iron phosphate battery products has increased to 185-200Wh/kg, and the “BIGBANK” battery system has an energy density of more than 210 Wh/kg, which can support a heavy truck battery life of more than 500 km.

The company recently released the Wengding eVTOL high-nickel battery specially designed for low-altitude aircraft. The energy density of a single cell is 310 Wh/kg, the system energy density is 270 Wh/kg, and the battery life can reach 300 kilometers. The latest 392Ah energy storage battery has a cycle life of 12000+ times, and an energy efficiency of up to 95%. It has high compatibility, long life, high efficiency and rapid mass production capacity. The accompanying Powtrix™ 6.26 MWh energy storage system has been upgraded to achieve advantages such as high efficiency, small footprint, and short period of time. It enriches the energy storage family bucket matrix, leads the trend of high-capacity and long-term energy storage, sets a benchmark for the industry, and meets the market's demand for high-performance energy storage products.

From low-altitude flight to commercial power to the field of energy storage, Ruipu Lanjun's comprehensive technical layout highlights the company's deep strength in the field of lithium batteries. In addition to continuing breakthroughs in technological innovation, Ruipu Lanjun has also carried out a comprehensive layout in terms of production capacity. The company's three production bases in Wenzhou, Liuzhou and Jiashan have an effective production capacity of 74 GWh in 2024, providing a solid guarantee for the stable supply of products. By introducing advanced equipment and optimizing production processes, the company has improved production efficiency. At the same time, it has established long-term cooperative relationships with suppliers, deepened fine management of raw materials, and reduced production costs. The Zhitong Finance App learned that Ruipu Lanjun has invested in the construction of an Indonesian battery manufacturing base, which can obtain abundant nickel ore resources nearby and reduce raw material procurement and transportation costs. At the same time, the global layout helps to diversify geopolitical risks, stay close to local markets, and enhance global competitiveness.

Ruipu Lanjun successfully entered the MSCI Global Small Cap Index with good business performance, strong R&D strength, and forward-looking strategic layout, and began a new journey of international development. As the index adjustment takes effect, the company is expected to welcome more international capital injections to further enhance its market influence and brand awareness. In the future, Ruipu Lanjun will continue to take the “power+energy storage” two-wheel drive strategy as the core, continue to promote technological innovation and product upgrades, consolidate its leading position in the field of new energy power and energy storage batteries, contribute more to the development of the global new energy market, and make steady progress towards the goal of becoming the world's leading lithium battery solution provider.