Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company from Hillhouse
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2025
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Source: Newsfilter
Acquisition Proposal: Smart Share Global Limited, known as Energy Monster, received a preliminary non-binding proposal from Hillhouse Investment Management to acquire all outstanding shares not owned by Hillhouse or management members for $1.77 per ADS, while the company is also under a definitive merger agreement with Trustar Mobile Charging Holdings.
Company Overview: Energy Monster is the leading provider of mobile device charging services in China, operating 9.6 million power banks across over 1.2 million points of interest, allowing users to access charging through QR code scanning.
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.
