eLong Power Holding Ltd Faces Decline Amid Market Weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 25 2025
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Should l Buy ELPW?
Source: 6-K
eLong Power Holding Ltd's stock is down 77.55% in pre-market trading, crossing below its 5-day SMA, reflecting significant investor concern.
The decline follows a tumultuous period for eLong Power, which recently announced a share offering of 6,666,666 units at a price of $0.00016 each. Despite the previous surge of 666% in January 2023, the stock has faced a 92% decline in 2025, indicating a volatile market response. The recent reverse stock split aimed at improving market value per share has not alleviated investor fears, as the overall market sentiment remains weak, with the Nasdaq-100 down 0.62% and the S&P 500 down 0.35%.
The implications of this decline suggest that eLong Power may need to reassess its market strategies and investor communications to regain confidence, especially in light of the significant retail interest that previously buoyed its stock.
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Analyst Views on ELPW
About ELPW
eLong Power Holding Ltd is a holding company principally engaged in the research and development, manufacturing, sales and service of high-power lithium-ion batteries. The Company’s product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios. The Company’s products are used for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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