Who Owns Anker?
Anker is owned by Anker Innovations Technology Co., Ltd., a Chinese consumer electronics company founded in 2011 by Steven Yang and listed on the Shenzhen Stock Exchange under ticker 300866. Anker is the group's flagship charging brand, covering power banks, chargers, cables, and power stations. Anker Innovations reported revenue of 30.5 billion yuan for fiscal year 2025.
Parent Company
Founded
2011
Status
Publicly Traded
Headquarters
Who Owns Anker?
- Parent Company: Anker Innovations Technology Co., Ltd.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: SZSE: 300866
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Anker | Anker Innovations Technology Co., Ltd. | Brand division |
Where to Buy
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Anker on AmazonHistory of Anker
- Founded: 2011
- Founders: Steven Yang
Steven Yang left Google's software engineering ranks in 2011 and founded the company in Shenzhen, a city where the electronics supply chain made it possible to prototype and scale hardware fast. The first bet was replacement laptop batteries and early USB chargers sold on Amazon, priced above generic listings but below first-party accessories.
The insight that built the brand was Amazon-native merchandising: high review scores drove search ranking, which drove sales, which funded better products. Power IQ, the early smart charging technology, and later GaN chargers established Anker as the quality default in mobile charging. By the mid-2010s Anker was the top-selling third-party charging brand on Amazon in the US and Europe.
The company expanded outward from chargers. Cables and power banks deepened the core line. Soundcore launched in audio in 2017, Eufy in smart home in 2016, Nebula in portable projectors, and later Anker Solix in home batteries and balcony solar. The company formally renamed itself Anker Innovations and listed in Shenzhen in August 2020.
Revenue scale followed. The group passed 17.5 billion yuan in 2023 and 24.7 billion yuan in 2024. FY2025 revenue reached 30.51 billion yuan, up 23.5 percent, with net profit attributable to shareholders of 2.55 billion yuan. Charging and energy storage still generated about half of revenue at 15.4 billion yuan, but the fastest growth sat in Anker Solix home energy products.
The 2025 period also brought the brand's biggest test: a series of power bank recalls tied to overheating lithium cells, including a June 2025 US recall of about 1.16 million PowerCore 10000 units and larger recalls in China. Anker responded with free replacements and by helping draft China's new mandatory national safety standard for portable power banks, published in April 2026, becoming the first brand to pass full certification under it.
About Anker Innovations Technology Co., Ltd.
Who owns Anker Innovations?
Anker Innovations is publicly listed on Shenzhen's ChiNext board under ticker 300866. Founder Steven Yang and his wife Mengqi He hold the controlling shareholding, keeping the company founder-controlled despite public trading.
Is Anker Innovations a Chinese company?
Yes. The company is headquartered in Changsha, Hunan, China, with major operations in Shenzhen, though more than 70 percent of its revenue comes from overseas markets including the US, Europe, and Japan.
When was Anker Innovations founded?
Steven Yang, a former Google engineer, founded the company in Shenzhen in 2011. It listed on the Shenzhen Stock Exchange ChiNext board in August 2020.
What brands does Anker Innovations own?
The company owns Anker for charging, Anker Solix for energy storage, Soundcore for audio, Eufy for smart home, Nebula for projectors, and AnkerWork for office hardware.
What is Anker Innovations' revenue?
FY2025 revenue was 30.51 billion yuan, about $4.3 billion, up 23.5 percent year over year. Net profit attributable to shareholders was 2.55 billion yuan.
What happened with the Anker recalls?
In June 2025 about 1.16 million PowerCore 10000 power banks were recalled in the US over fire risk from lithium cells, followed by additional recalls in China and other markets from a supplier battery defect. Anker offered free replacements and helped draft China's new mandatory battery safety standard.
- Founded: 2011
- Headquarters: Changsha, Hunan, China
- Company Type: Publicly Traded
- Stock: SZSE: 300866
- Revenue: 30.51 billion yuan (FY2025)
- Employees: Several thousand worldwide
Where Is Anker Made / Based?
- Headquarters: Changsha, Hunan, China
- Manufacturing / Operations: China, Vietnam
Anker Categories & Tags
Anker Sustainability & Ethics
Anker Innovations publishes group-level ESG reporting consistent with Shenzhen listing requirements. The Anker Solix product line is itself a sustainability-adjacent business, selling home energy storage and solar products intended to reduce grid dependence.
On the core charging side, the group emphasizes product longevity and recycling programs for batteries. It does not hold B Corp certification or comparable independent certifications, and its reporting is self-published rather than third-party audited, which is typical for Chinese-listed electronics manufacturers.
Awards & Recognition
- Amazon bestselling charging brand: Multi-year top-ranked third-party charging accessory brand on Amazon US
- Red Dot and iF Design Awards: Multiple wins across charger and power bank product lines
- China national standard authorship: Deep participant in drafting China's mandatory mobile power safety standard published April 2026, and first brand fully certified under it
Anker Recalls & Controversies
In June 2025 the US Consumer Product Safety Commission announced the recall of about 1.16 million Anker PowerCore 10000 power banks, model A1263, after 19 reports of fires and explosions including two minor burn injuries. The units had been sold between 2016 and 2022 for about 27 dollars. Affected owners received free replacements.
A second, larger wave of recalls followed in mid-2025 affecting additional power bank models sold in China and other markets, after defective cells from a battery supplier were identified across the industry. Anker also recalled certain 2025 power bank models proactively. The recalls covered millions of units in total worldwide and briefly made Anker the face of the lithium battery safety problem, though rival brands faced parallel recalls from the same supplier issue.
Anker Ownership: Pros & Cons
Advantages
- +Public listing provides capital access for R&D and the Solix energy push
- +Brand leadership in charging produces reliable cash flow funding newer segments
- +Founder control through Steven Yang's concentrated stake keeps strategy consistent
- +Role in authoring China's power bank standard turns a recall crisis into a regulatory moat
- +70 percent plus overseas revenue diversifies away from the slowing Chinese market
Considerations
- -The 2025 recalls exposed supplier quality risk in the core product line
- -US-China tariff exposure hits the brand directly given its US sales weight
- -Charging is commoditizing as phones ship with better batteries and slower charging upgrades
- -ChiNext listing subjects the stock to retail-dominated Chinese market volatility
- -Brand extension into fridges and outdoor gear risks diluting the charging focus
Frequently Asked Questions About Anker
Sources & Further Reading
Competitors to Anker
No direct competitors found in the same category. This could be because Ankeroperates in a unique market segment or we're still building our competitor database.
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Anker Innovations Technology Co., Ltd. Stock Information
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