公开资料显示，双登集团是大数据及通信领域能源存储业务的领先公司，专注于设计、研发、制造和销 售储能电池及系统。根据招股书引述弗若斯特沙利文的数据，公司在2024年全球通信及数据中心储能电 池供应商中出货量排名第一，市占率达11%。公司客户有五家全球十大通信运营商及设备商，近30%全 球百大通信运营商及设备商、以及中国五大通信运营商及设备商。公司服务中国十大自有数据中心企业 的80%，以及中国十大第三方数据中心企业的90%。 智通财经APP获悉，双登股份(06960)盘中涨超8%，截至发稿，涨6.77%，报18.6港元，成交额5242.94万 港元。 消息面上，双登股份发布中期业绩，上半年收入22.46亿元，同比增加26.21%；公司拥有人应占溢利 1.61亿元。期内AIDC数据中心储能业务实现爆发式增长，业务收入较上年同期大幅提升113.1%，首次 超过通信储能业务。这也标志着双登股份业务结构从"传统通信储能为主"向"新型AIDC储能引领"的转 型取得关键性成果。 ...

Core Insights - The company reported a revenue of RMB 2.2463 billion for the first half of 2025, representing a year-on-year growth of 26.2% [1] - Gross profit reached RMB 335.7 million, with a slight increase of 0.4% year-on-year, indicating a gradual improvement in profitability [1] - Net profit attributable to the parent company was RMB 160.6 million, with basic earnings per share of RMB 0.45 [1] Revenue Growth Drivers - The AIDC data center energy storage business emerged as a key driver for revenue growth, significantly expanding both revenue scale and optimizing the income structure [1] - Sales revenue from AIDC data center batteries and systems reached RMB 1.028 billion, showing a substantial year-on-year increase of 113.1% [1] - The AIDC data center battery and system business accounted for 47.2% of total revenue, surpassing traditional communication energy storage for the first time, marking a significant shift in the company's business structure [1] Strategic Developments - The company successfully penetrated overseas markets, achieving coverage in Europe and Southeast Asia, which is a critical step in its global expansion strategy [1] - The increase in revenue from high-value AIDC data center storage products is expected to enhance overall gross margin and support sustained profitability growth [2] - R&D expenses rose by 28.7% year-on-year, focusing on core areas such as AIDC data center storage, new battery technologies, and smart energy management, aiming for multi-dimensional value breakthroughs [2]

Group 1 - The company reported a revenue of 2.246 billion yuan for the six months ending June 30, 2025, representing a year-on-year increase of 26.21% [1] - The profit attributable to the parent company was 161 million yuan, with basic earnings per share of 0.45 yuan, and a gross profit of 336 million yuan, which increased by 0.43% year-on-year [1] - The lead-acid battery business experienced a revenue growth of 40% year-on-year, driven by the rapid growth of the AIDC data center market [1] Group 2 - The company possesses significant advantages in technology, customer base, and market share in the AIDC data center energy storage sector, allowing it to benefit from industry growth trends [1] - The continuous introduction of new products will enrich the company's product line, better meet diverse customer needs, and enhance market competitiveness and product added value [2] - The research and development achievements in lithium and sodium battery technologies will gradually translate into actual productivity and economic benefits, providing technical support for business development [2]