Since its listing on December 24, 2024 on the Shanghai Stock Exchange (Ticker: 603194), EP’s stock has shown strong performance, with the share price rising from an initial value of 20.32 RMB to 37.30 RMB, representing a 83% increase over the IPO price (End of day 10.2.2025)
With a current market valuation of approximately 2 billion USD, this development highlights EP Equipment’s position as a leader in the global material handling market and reflects confidence in the company’s long-term vision and growth strategy.
The development of the company into a publicly listed entity underlines the ambition and goals of our venture. While the first few months of a listed company are always based on volatility we can see a clear trend of trust by the financial market in the vision and strategy EP has created for our future.
Leading the Revolution in Material Handling
EP Equipment is committed to staying ahead of technological shifts in the material handling industry, ensuring it evolves in step with innovations like electric vehicles and AI technologies. The company’s focus is clear: electrification, digitalization, and autonomy will drive its efforts to deliver solutions that address modern industrial needs.
Key Strategic Initiatives
- Pushing Market Transformation Toward Electrification
EP Equipment believes in fostering a significant market shift to replace internal combustion (IC) trucks with sustainable lithium-powered alternatives. Through initiatives such as re-manufacturing IC trucks into lithium-powered forklifts and developing a modern recycling factory, EP aims to reduce barriers for users transitioning to electric equipment. - Digital Transformation for Sustainability
EP’s DAS system enhances supply chain management and manufacturing processes, enabling flexibility and sustainability across operations. By sharing its expertise, EP invites global partners to collaborate in deploying digitalized factories worldwide. - Investment in Autonomous Solutions
EP aims to redefine material handling with autonomous technology, transforming it into “material moving.” Combining industry trucks with AI and enabling “warehouse@anywhere,” EP is creating a future of seamless logistics. - Collaboration and Knowledge Sharing
EP believes in working together to accelerate change. By partnering with like-minded players in the industry, the company seeks to collectively promote green handling solutions and technological advancement. - Making Material Handling Easier for Workers
EP remains dedicated to electrifying manual equipment, making material handling safer, easier, and more efficient for workers in warehouses, factories, and logistics centers.
Building a Sustainable Future
With the proceeds from its IPO, EP Equipment is scaling its production capacity and advancing its research into lithium-powered solutions, autonomous technologies, and digitalized manufacturing systems. As a leader in the material handling industry, the company is committed to enabling a global shift toward sustainability.
For more details on EP Equipment’s journey and innovations, visit EP Equipment’s website or follow us on LinkedIn.