随着"人工智能+"国家战略落地，AIDC对电力的需求倍增，对配套储能的安全性、可靠性要求更高，形 成了一个典型的"高进入门槛、高客户黏性"市场，一方面，技术认证严苛、客户准入周期长；另一方 面，一旦建立稳定合作关系，客户替换意愿极低。 本报讯 （记者李雯珊）在全球能源结构加速转型与新兴电力需求激增的双重驱动下，中国储能企业正 迎来历史性发展机遇。近日，双登集团股份有限公司（以下简称"双登股份"，06960.HK）董事长杨锐 博士对外分享了公司如何以聚焦战略锚定高速增长的AIDC（人工智能数据中心）储能赛道，并以长期 主义构建竞争壁垒。 深耕通信与数据中心储能 目前来看，双登股份的差异化体现在两个维度，一是持续的技术路线迭代，公司从铅酸电池起家，历经 锂电池、钠电到布局固态电池，始终紧跟技术前沿；二是深度的产业链垂直整合，坚持自产电芯，构建 从BMS、EMS管控到垂直整合的全链条能力，从而实现对产品性能与成本的深度把控。这种"技术+场 景"的双轮驱动，使得公司能够在特定的高端细分市场避免低层次价格竞争，转而以综合解决方案的价 值赢得客户。 对于固态电池等前沿技术路线，杨锐博士展现出务实的长期主义视角。他认为，客 ...

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]