港股迎来AIDC智算中心储能第一股！

Core Viewpoint - The article highlights the successful listing of Shuangdeng Co., Ltd. on the Hong Kong Stock Exchange as the first stock in the AI Data Center energy storage sector, with a significant market presence in global communication and data center energy storage batteries in 2024, achieving a shipment volume ranking of first and a market share of 11.1% [1][9]. Group 1: Company Overview - Shuangdeng Co., Ltd. specializes in energy storage solutions within the big data and communication sectors, focusing on the design, research, development, manufacturing, and sales of energy storage batteries and systems [8]. - The company serves five of the world's top ten communication operators and nearly 30% of the top 100 global communication operators, as well as the five major communication operators in China [8]. Group 2: Market Performance - On its debut, Shuangdeng's stock price rose from an issue price of HKD 14.51 to HKD 19.05, marking a 31.29% increase [2][3]. - The company experienced a remarkable oversubscription rate of 3,876 times for its public offering and 18.75 times for its international offering, indicating strong investor interest [5][7]. Group 3: Business Segments - Shuangdeng operates in three main business areas: 1. Communication Base Station Energy Storage: The company has established long-term partnerships with leading Chinese communication operators and has expanded into international markets, ranking first in global communication base station energy storage shipments in 2024 with a market share of 9.2% [10]. 2. Data Center Energy Storage: Since 2018, Shuangdeng has collaborated with major tech companies and data center operators, applying its energy storage products in hundreds of data centers [10]. 3. Power Storage Solutions: The company is expanding its influence in the power storage sector, targeting large-scale grid storage and commercial and residential storage markets [10]. Group 4: Financial Metrics - As of 2024, Shuangdeng's revenue is projected to reach CNY 45.017 billion, with a year-on-year growth of 5.60% [2][9]. - The company has shown improvements in profitability metrics, with a projected net profit margin of 9.04% in 2023, up from 6.90% in 2022 [2].