Smart Share Global Limited filed its annual report for 2024 with the SEC, detailing its mobile charging services and operations.
Quiver AI Summary
Smart Share Global Limited, known as Energy Monster, announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the SEC on April 28, 2025. The report is available on the company's investor relations website and the SEC's website, and hard copies can be requested by shareholders and ADS holders. Energy Monster is a leading consumer tech company in China, specializing in mobile device charging services through an extensive network of power banks located in various public places. By the end of 2024, the company had deployed 9.6 million power banks across over 1.2 million points of interest in more than 2,200 areas in China.
Potential Positives
- The company successfully filed its annual report on Form 20-F with the SEC, ensuring compliance with regulatory requirements and enhancing investor transparency.
- Smart Share Global Limited has an extensive network with 9.6 million power banks across over 1.27 million points of interest, indicating significant market presence and operational scale in the mobile charging service sector.
- The company maintains a commitment to shareholder engagement by offering free hard copies of its annual report, enhancing transparency and trust with investors.
- Smart Share Global Limited is positioned as a leading provider within the niche mobile device charging market in China, highlighting its competitive advantage and potential for growth.
Potential Negatives
- The press release lacks specific financial performance metrics or key performance indicators from the annual report, which could lead to concerns about transparency and financial health.
- There is no mention of any growth or strategic goals for the company moving forward, raising questions about future direction and innovation.
- Failure to highlight any competitive advantages or market positioning may suggest vulnerability in a rapidly evolving market.
FAQ
What is Smart Share Global Limited?
Smart Share Global Limited, also known as Energy Monster, is a leading consumer tech company providing mobile device charging services in China.
When was the annual report filed?
The annual report on Form 20-F for the fiscal year ended December 31, 2024, was filed on April 28, 2025.
Where can I access the annual report?
The annual report can be accessed on the Company’s investor relations website and the SEC’s website.
How can shareholders request a hard copy of the annual report?
Shareholders can request a hard copy of the annual report by contacting Investor Relations at the provided Shanghai address.
What services does Energy Monster provide?
Energy Monster provides mobile device charging services through power banks available at various points of interest across China.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EM Hedge Fund Activity
We have seen 2 institutional investors add shares of $EM stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RHUMBLINE ADVISERS removed 46,105 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $51,637
- UBS GROUP AG removed 41,080 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $29,577
- XTX TOPCO LTD removed 16,715 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $12,034
- TWO SIGMA SECURITIES, LLC removed 11,608 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $8,357
- NOMURA HOLDINGS INC removed 3,600 shares (-4.0%) from their portfolio in Q4 2024, for an estimated $2,592
- MORGAN STANLEY added 2,807 shares (+935.7%) to their portfolio in Q4 2024, for an estimated $2,021
- BNP PARIBAS FINANCIAL MARKETS added 1,400 shares (+inf%) to their portfolio in Q4 2024, for an estimated $1,008
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SHANGHAI, April 28, 2025 (GLOBE NEWSWIRE) -- Smart Share Global Limited (Nasdaq: EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the United States Securities and Exchange Commission (the “SEC”) on April 28, 2025. The annual report can be accessed on the Company’s investor relations website at https://ir.enmonster.com/ and on the SEC’s website at www.sec.gov.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, 6 th Floor, 799 Tianshan W Road, Changning District, Shanghai, 200335, the People’s Republic of China.
About Smart Share Global Limited
Smart Share Global Limited (Nasdaq: EM), or Energy Monster, is a consumer tech company with the mission to energize everyday life. The Company is a leading provider of mobile device charging service in China with an extensive network of partners powered by its own advanced service platform. The Company provides mobile device charging service through its power banks, which are placed in POIs such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. Users may access the service by scanning the QR codes on Energy Monster’s cabinets to release the power banks. As of December 31, 2024, the Company had 9.6 million power banks in 1,279,900 POIs across more than 2,200 counties and county-level districts in China.
Contact Us
Investor Relations
Hansen Shi
[email protected]
