Chinese Portable Power Company EcoFlow Is Said to Plan US IPO

EcoFlow Technology Inc.is considering an initial public offering in the US, according to people familiar with the portable battery maker’s plans, marking a rare move for a Chinese company of that size.

Backed by HSG, formerly known as Sequoia Capital China, EcoFlow is working with advisers and could raise at least $300 million in a share sale, the people said, asking not to be identified because the information is private.

The timing of Shenzhen-based EcoFlow’s IPO depends on when the Chinese securities regulator gives its approval, one of the people said. Of the IPOs by Chinese companies in ...