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WebsiteIntroduction
ELONG POWER HOLDING LIMITED (NASDAQ: ELPW) develops and manufactures high-power fast-charging lithium-ion batteries for commercial vehicles and solid-state energy storage systems. Established in 2014, the company operates two production facilities—one in Ganzhou, Jiangxi, and another in Zibo, Shandong—and serves as an integrated supplier across battery cells, module integration, and battery management systems.
Corporate Structure and Experience
The company employs between 1,001 and 5,000 staff, encompassing R&D, production, sales, and service functions. Chairwoman and CEO Xiaodan Liu leads the business, supported by CFO Wei Zou, who was appointed on July 30, 2025 and has over 30 years of experience in administration and corporate management.
Lithium-ion batteries by Claudio Schwarz
Recent Developments and News
On March 25, 2025, Elong Power received two notices from Nasdaq indicating that its market value and closing bid price had fallen below the required listing standards, triggering a 180-day compliance period ending on September 15 and 16, 2025. The stock experienced notable price movement between April 14 and April 17, 2025, attributed to retail trading activity and technical breakouts. The company filed its Form 20-F on September 22, 2025, and on September 23 Nasdaq confirmed the reinstatement of compliance with Listing Rule 5250(c)(1). Additionally, in an August 4, 2025 Form 6-K filing, Elong Power disclosed the resignation of CFO Luyi Wang on July 30, 2025, alongside the appointment of Wei Zou as the new CFO.
Financial and Strategic Analysis
As of October 6, 2025, the share price stood at $0.6195, reflecting a 26.43% increase on a volume of 8,385,331 shares. The market capitalization is approximately $28.5 million, below the $50 million threshold required for continued listing on the Nasdaq Global Market. Elong Power’s strategic model emphasizes unit economics in high-power fast-charging and solid-state energy storage solutions. Its two plants cover over 107,000 square meters and produce batteries for various applications including commercial vehicles, construction, and mining machinery, as well as large-scale industrial energy storage.
Market Position and Industry Context
The industrial sector has seen increased investor interest as companies pursue automation and digital upgrades. Within the lithium-ion battery market, Elong Power competes based on high-charge rate and safety features, focusing on solid-state technology and an integrated product portfolio. Recent compliance notices and a limited share float have contributed to share price volatility.
tl;dr
On October 6, 2025, Elong Power shares increased 26.43% to $0.6195 on heavy trading volume. The company addressed Nasdaq compliance issues on September 23, 2025, by filing its Form 20-F, thereby retaining its listing through the compliance period that ends on September 16, 2025. CFO Wei Zou is overseeing financial management as Elong Power works to achieve a market value above $50 million and a closing bid price above $1.00 while developing its fast-charging and solid-state battery initiatives.
