Core Viewpoint - The company, Shuangdeng Co., Ltd., is set to launch an IPO for 58.557 million H-shares at a price of HKD 14.51 per share, with a significant portion of the proceeds aimed at expanding its lithium-ion battery production and R&D capabilities in Southeast Asia and Taizhou [1][3]. Group 1: IPO Details - The IPO will take place from August 18 to August 21, 2025, with approximately 10% of shares allocated for Hong Kong and 90% for international investors, plus a 15% over-allotment option [1]. - The expected net proceeds from the global offering are approximately HKD 756 million, assuming the over-allotment option is not exercised [3]. Group 2: Use of Proceeds - About 40% of the net proceeds will be used to establish a lithium-ion battery production facility in Southeast Asia, with specific allocations for construction costs and equipment purchases [3]. - Approximately 35% of the net proceeds will fund a research and development center in Taizhou, focusing on enhancing battery lifespan, solid-state batteries, sodium-ion batteries, and BMS technology [3]. - Around 15% of the net proceeds will strengthen the company's overseas sales and marketing efforts, including hiring personnel and promotional activities [3]. Group 3: Market Position and Financial Performance - The company is a leading player in the energy storage business within the big data and communications sectors, ranking first in global shipments of communication and data center energy storage batteries with a market share of 11.1% as of 2024 [1]. - Revenue growth has been significant, increasing from RMB 4.073 billion in 2022 to RMB 4.499 billion in 2024, driven by increased R&D spending and alignment with market demand [4].
双登股份(06960)8月18日-8月21日招股 拟全球发售5855.7万股H股 引入三水创投为基石投资者
智通财经网·2025-08-17 22:59