Farasis Energy Gan Zhou Co Ltd. Stock Analysis 688567.SS

Farasis Energy (Gan Zhou) Co., Ltd. engages in the R&D, production and sales of lithium-ion power batteries for new energy vehicles and vehicle battery systems and providing overall power battery solutions for new energy vehicle companies. The company is headquartered in Ganzhou, Jiangxi and currently employs 5,080 full-time employees. The company went IPO on 2020-07-17. The firm also provides integrated solutions for power batteries for new energy vehicle manufacturers. The firm's main products are batteries, modules and battery packs for ternary soft pack power batteries. Its products are used in new energy passenger vehicles, new energy special vehicles and electric motorcycles. The firm conducts its businesses within the domestic market and to overseas markets.