[a number of global head battery companies will land on the capital market this year] 2022 will be a key year for power battery companies to land intensively in the capital market, including LG New Energy, Honeycomb Energy, China New Airlines (formerly AVIC Lithium) and other global head battery companies are expected to land in the capital market. In seven days, LG New Energy will enter the South Korean capital market for the initial public offering of (IPO). In view of the promising market prospects for power batteries and electric vehicles, LG New Energy shares have been subscribed for as much as 114 trillion won, or about US $95.62 billion.