Workflow
双登股份招股 拟全球发售5855.7万股H股
Zheng Quan Shi Bao Wang·2025-08-18 00:48

Core Viewpoint - The company, Shuangdeng Co., is conducting an initial public offering (IPO) of H-shares, aiming to raise approximately HKD 756 million to expand its energy storage business in the Southeast Asian market and enhance its research and development capabilities [1] Group 1: IPO Details - Shuangdeng Co. plans to issue 58.557 million H-shares at an offering price of HKD 14.51 per share [1] - The IPO will take place from August 18 to August 21, with the shares expected to be listed on the Hong Kong Stock Exchange on August 26, 2025 [1] Group 2: Company Overview - Shuangdeng Co. is a leading company in the energy storage sector within the big data and communications field, focusing on the design, research and development, manufacturing, and sales of energy storage batteries and systems [1] - According to Frost & Sullivan, Shuangdeng Co. ranks first in global shipments of communication and data center energy storage batteries in 2024, holding a market share of 11.1% [1] Group 3: Use of Proceeds - Approximately 40% of the net proceeds from the IPO will be used to establish lithium-ion battery production facilities in Southeast Asia [1] - About 35% will be allocated to building a research and development center in Taizhou, focusing on battery lifespan, solid-state batteries, sodium-ion batteries, and BMS technology [1] - Approximately 15% will be directed towards enhancing overseas sales and marketing efforts, while 10% will be reserved for working capital and general corporate purposes [1]