Core Viewpoint - The company, Shuangdeng Group Co., Ltd., has successfully listed on the Hong Kong Stock Exchange, raising approximately HKD 756.3 million through the issuance of 58,557,000 H shares at a price of HKD 14.51 per share, with plans to invest in lithium-ion battery production facilities and R&D centers to enhance its market position in the energy storage sector [1][6]. Group 1: Company Overview - Shuangdeng Group is a leading global provider of energy storage batteries for data centers and communication base stations, with a diverse product range including communication base station storage, data center storage, and power storage applications [5]. - The company has established strong partnerships with nearly 30 of the world's top 100 telecom operators and equipment manufacturers, including major Chinese operators and international firms like Ericsson and Vodafone [5][6]. - As of December 31, 2024, Shuangdeng Group served 80% of China's top ten self-owned data center enterprises and 90% of the top ten third-party data center enterprises [5]. Group 2: Market Position and Growth - The data center business of Shuangdeng Group has seen significant growth, with revenue from this segment increasing nearly 120% from RMB 397 million to RMB 872.9 million in the five months ending May 31, 2025, making it the company's largest revenue source [7]. - The global data center electricity consumption is projected to rise from 4.0% in 2024 to 10.1% by 2030, highlighting the increasing demand for energy storage solutions as a critical component of infrastructure supporting AI and big data technologies [6]. Group 3: Research and Development - Shuangdeng Group has established R&D centers in multiple locations, focusing on improving the safety, cost efficiency, and performance of energy storage batteries, with a total of 353 patents, including 111 invention patents [8][9]. - The company actively participates in setting national and industry standards, having contributed to the development of international and national standards in the energy storage sector [8]. - Shuangdeng Group is also developing sodium-ion battery systems and solid-state battery technologies, collaborating with leading experts and institutions to enhance its product offerings and technological capabilities [9].

双登集团股份有限公司董事会主席、执行董事及行政总裁杨锐博士 表示：「双登不仅是 储能电池产品和系统解决方案的提供者，更立志成为AIDC智算中心能源生态的构建者,作 为数字化基础设施的『能源操作系统』。我们坚信，没有稳定的能源供给，就没有可靠的 智能算力。我们期待与全球投资者一起，共同绘制『零碳算力地球』的宏伟蓝图。让每一 瓦特能量，照亮人类文明前行的每一步！」 ( 1 ) 于东南亚兴建一个锂离子电池生产设施，将主要用作生产供数据中心用电池； ( 2 ) 建立研发中心，重点研究及开发：(i)提高储能电池寿命；(ii)固态电池；(iii)钠离子 电池；及(i v )BMS技术； ( 3 ) 加强海外销售及营销，以便能够增强公司的全球影响力、更好地服务海外客户并促进 国际销售等。 双登股份香港公开发售部分获得超额认购， 一手中签率压到0 . 0 2%（万分之二）创下港 股史上最低纪录！超额认购超过3800倍，成为今年港股市场上又一"明星项目"，全球长 线基金超额认购1 8 . 7 5倍。 图片：鸣锣开市 文 | 中关村储能产业技术联盟 8月2 6日，全球领先的数据中心及通信基站储能电池公司— 双登集团股份有限公司（ ...

Company Overview - Shuangdeng Group, listed on the Hong Kong Stock Exchange, achieved a first-day increase of 55.07%, reaching a market capitalization of approximately 10 billion HKD [1] - The company specializes in energy storage batteries and systems, focusing on the telecommunications and data center sectors, and is recognized as the leading supplier in these markets with an 11% market share [1][8] Financial Performance - Revenue for Shuangdeng Group from 2022 to 2024 is projected to be 4.073 billion RMB, 4.26 billion RMB, and 4.499 billion RMB respectively, with net profits of 281 million RMB, 385 million RMB, and 353 million RMB [9] - The revenue breakdown shows that telecommunications base stations contribute 51.1%, data centers 31%, and power storage 10% [9] Market Position - Shuangdeng Group ranks first in global shipments of communication and data center energy storage batteries, with a market share of 11.1% [8] - The company serves major clients including five of the top ten global telecommunications operators and 90% of the top ten third-party data center companies in China [11] Industry Trends - The global market for telecommunications base stations is expected to grow significantly, with the number projected to increase from 21 million in 2024 to 43.9 million by 2030, indicating a robust demand for energy storage solutions [12] - The energy storage market is anticipated to expand, with new installations expected to rise from 43.9 GWh to 100.2 GWh in the same timeframe [12] Leadership and Governance - The company is led by Yang Rui, who took over management from his father Yang Shanji in 2021, marking a successful transition of leadership within the family [7][6] - Yang Shanji has been instrumental in transforming the company from a struggling local battery manufacturer to a global leader in energy storage solutions [6][5] Local Support and Strategic Partnerships - The IPO was supported by local government initiatives, with strategic investments from state-owned enterprises, highlighting the recognition of Shuangdeng Group's industry position [2] - The success of Shuangdeng Group's IPO is part of a broader trend of increasing visibility and growth of companies from Taizhou in the capital markets [13]

双登股份(6960.HK)今日首日挂牌上市，盘初一度涨近60%，报23.18港元。该股招股价为14.51港元，公 开发售部分获3875.25倍超额认购。 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。截至去年底，服务了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。根据弗若斯特沙利文的数据，2024年，在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11.1%。以新增装机容量计算，在全球储能电池供应商中排名第 十二，市场份额达到2.5%。 公司收入主要来自销售储能电池，包括锂离子电池及铅酸电池。去年双登收入近45亿元人民币，同比升 5.6%；母公司拥有人应占溢利3.5亿元人民币。 ...

Group 1 - The core point of the article is that Shuangdeng Co., Ltd. (06960) has successfully listed its shares at a price of HKD 14.51, raising approximately HKD 756 million, with a significant initial price increase of 55.07% to HKD 22.5 [1] - Shuangdeng Group is a leading company in the energy storage business within the big data and communications sector, focusing on the design, research, manufacturing, and sales of energy storage batteries and systems [1] - The company has over ten years of experience serving clients in energy storage applications for communication base stations, data centers, and power storage, positioning it to benefit from the market opportunities presented by the big data era [1] Group 2 - According to Frost & Sullivan, Shuangdeng Group is ranked first in global shipments of energy storage batteries for communication and data centers in 2024, with a market share of 11.1% [1] - As of August 20, 2024, the company has served five of the top ten global telecommunications operators and equipment manufacturers, nearly 30% of the top 100 global telecommunications operators, and all five major telecommunications operators in China [1] - The company also serves 50% of the top ten self-owned data center enterprises in China and 60% of the top ten third-party data center enterprises, including major clients like Alibaba, JD.com, Baidu, Qinhuai Data, and GDS [1]

截至2024年8月20日，公司服务了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，包括中国移动（600941）、中国联通、中国电信 （601728）、中国铁塔等。公司服务中国十大自有数据中心企业的50%，以及中国十大第三方数据中心 企业的60%，主要为阿里巴巴、京东、百度、秦淮数据、万国数据等数据中心运营商。公司服务主要客 户的平均时长超过八年。 双登股份(06960)首挂上市，公告显示，每股定价14.51港元，共发行5855.7万股股份，每手500股，所得 款项净额约7.56亿港元。截至发稿，涨55.07%，报22.5港元，成交额2.51亿港元。 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。集团专注于设计、研发、制造 和销售储能电池及系统。通过对于通信基站、数据中心、电力储能等领域储能应用客户服务十余年的累 计的丰富经验，使得集团能够在大数据时代充分受益于大数据时代带来的巨大的市场机遇、并持续引领 行业发展。根据弗若斯特沙利文，于2024年，集团在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11.1%。 ...

截至2024年8月20日，公司服务了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，包括中国移动、中国联通、中国电信、中国铁塔等。公司服 务中国十大自有数据中心企业的50%，以及中国十大第三方数据中心企业的60%，主要为阿里巴巴、京 东、百度、秦淮数据、万国数据等数据中心运营商。公司服务主要客户的平均时长超过八年。 智通财经APP获悉，双登股份(06960)首挂上市，公告显示，每股定价14.51港元，共发行5855.7万股股 份，每手500股，所得款项净额约7.56亿港元。截至发稿，涨55.07%，报22.5港元，成交额2.51亿港元。 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。集团专注于设计、研发、制造 和销售储能电池及系统。通过对于通信基站、数据中心、电力储能等领域储能应用客户服务十余年的累 计的丰富经验，使得集团能够在大数据时代充分受益于大数据时代带来的巨大的市场机遇、并持续引领 行业发展。根据弗若斯特沙利文，于2024年，集团在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11.1%。 ...

来源：市场资讯 本次发行是工银国际发挥驻港中资金融力量，服务制造业龙头企业高质量发展的重要成果，亦是工银国 际坚持做好"五篇大文章"的重要体现，彰显了工银国际在资本市场服务行业龙头的雄厚实力及领先优 势，工银国际亦藉此展现了团队的专业实力并进一步扩大了在该板块的市场影响力。 （来源：工银国际） 双登股份简介 2025年8月26日，工银国际作为联席账簿管理人及联席牵头经办人，助力双登集团股份有限公司（"双登 股份"或"公司"，股票代码：6960.HK）成功于香港联交所主板上市。 双登股份是大数据及通信领域能源存储业务的领先公司。公司专注于设计、研发、制造和销售储能电池 及系统。截至二零二四年十二月三十一日，公司服务了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。双登股份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%。于二零二二年、二零二三年及二零二四年，服务 五大客户的平均时长超过十年。根据弗若斯特沙利文的数据，于二零二四年，公司在全球通信及数据中 心储能电池供货商中出货量排名第一，市占率达11.1%。根据弗若斯特沙利文的数 ...

上周五下午17:00后各券商陆续公布双登股份的中签结果，但详细信息要等明天暗盘交易结束后晚上22点港交所官方网站披露易发布新股配发结果公告。 | 新股双登股份(06960.HK)-分配结果 | | | | --- | --- | --- | | 定价 | HK$14.51 | | | 一手股数 | 500 | | | 一手市值 | HK$7,255 | | | 认购股数(股) | 最小中签股数(股) | 最大中签股数(股) | | 甲组 | | | | 500-300,000 | 0 | 500 | | 乙组 | | | | 400,000-2,928,000 | 0 | 500 | | 仅供参考,详细结果可阅读港交所的通告! | | | 双登股份招股定价14.51港元，一手市值7255港元。甲组乙组全部需要抽签，一手中签率仅0.02%，创历史新低。通常来说，中签率越低，筹码越稀缺，爆 涨幅度往往越高。 这是港股IPO股份分配新规实施后，继银诺医药之后第二只采用机制B进行新股分配的公司。根据新规，公开发售部分的比例固定为10%，无论认购倍数 多高，都不会触发回拨机制，以至于出现一签难求的局面。 根据已经分配到 ...

Core Viewpoint - The article highlights the significant growth and investment opportunities in the energy storage sector, particularly focusing on the activities of Guoxuan High-Tech in Morocco and the increasing presence of Chinese lithium battery companies in the region [4][12]. Group 1: Guoxuan High-Tech's Activities - Guoxuan High-Tech has secured two major solar-storage integrated projects in Morocco, with a total investment of approximately $3.5 billion, featuring 400MWh of photovoltaic equipment and 602MWh battery storage systems [5][6]. - The company is also developing a local production base for battery and energy storage systems in Morocco, with a strategic investment agreement signed in June 2024 for a super factory with an annual capacity of 20GWh [9][10]. - Guoxuan High-Tech's 5MWh liquid cooling energy storage system has received EU compliance certification, indicating its readiness for local production and delivery [10][11]. Group 2: Chinese Lithium Battery Companies in Morocco - Several Chinese lithium battery companies, including CATL and Guoxuan High-Tech, are establishing projects in Morocco, driven by favorable trade policies and the country's strategic location [12][14]. - Morocco's automotive industry is rapidly growing, with government initiatives aiming for a production scale of 100,000 electric vehicles by 2025, attracting numerous automotive manufacturers [15][16]. - The country possesses rich mineral resources, particularly phosphates, which are crucial for lithium iron phosphate batteries, making it an attractive location for Chinese companies to secure resource access [16].