通过聆讯、上市在即！港股AIDC智算中心储能第一股即将花落双登股份

Core Insights - The company, Shuangdeng Co., has officially passed the Hong Kong Stock Exchange hearing and is set to become the first "AIDC smart computing center energy storage stock" in the international capital market, showcasing its transition from a traditional battery company to a leader in the new energy era [1][12] - The company's revenue from data center energy storage has surged by 120% year-on-year, contributing 46.7% of total revenue in the first five months of 2025, surpassing the traditional cash cow of communication base stations [1] Group 1: Business Transition and Market Position - Shuangdeng Co. has established itself as the global leader in communication base station energy storage, leveraging partnerships with major telecom operators to meet the growing demand for data center energy storage solutions [2] - The company has developed high-rate lithium battery systems and innovative energy storage solutions, including the first "backup + storage" hybrid energy storage system in China, which was implemented in the Xiong'an project [2][5] - The company is focusing on the rapidly growing AIDC market, with predictions indicating a sixfold increase in energy consumption by 2025, necessitating upgrades in energy storage technology [3] Group 2: Technological Advancements - Shuangdeng Co. emphasizes the importance of technology, focusing on lithium, sodium, fuel cells, and solid-state batteries, creating a comprehensive technology matrix to meet diverse application needs [4] - The company has developed a new generation of high-safety, high-rate lithium-ion battery systems with an efficiency of 93% and triple safety protection, alongside a low-temperature intelligent sodium-ion battery in collaboration with Tsinghua University [5] - The company holds 337 patents, including 106 invention patents, and its communication base station energy storage batteries can operate in a temperature range of -45°C to 75°C, exceeding industry standards [6] Group 3: Market Strategy and Client Base - Shuangdeng Co. serves major global telecom operators and data center companies, maintaining long-term relationships with clients, which include leading firms like Alibaba, JD.com, and Baidu [9][10] - The company has established a strong international presence, with projects in Europe, Africa, Asia, and partnerships in the Middle East, enhancing its global market reach [6] - The company has been recognized as a top supplier by major telecom operators, maintaining a competitive edge in the energy storage market despite the entry of larger players like CATL [10] Group 4: Capital Market Strategy - The company is pursuing an IPO in Hong Kong to alleviate current financial pressures and to facilitate overseas business expansion, with plans to invest in a lithium-ion battery production facility in Southeast Asia [11][12] - The IPO is also aimed at capitalizing on the high growth potential of the energy storage sector, aligning with the company's global strategic needs [11]