Core Viewpoint - Double Power Holdings (06960) has seen a significant stock increase, rising over 9% and currently trading at 23 HKD, with a transaction volume of 73.55 million HKD. The company is collaborating with a research team from the Chinese Academy of Sciences to develop a new type of lithium-ion battery, expected to be commercially available by 2026 [1][1][1]. Company Summary - Double Power Holdings is a key player in the AIDC (Artificial Intelligence Data Center) energy storage sector, serving major internet and data center operators such as Alibaba, JD.com, Baidu, and others [1][1]. - The company has become the main supplier for Alibaba in data center energy storage solutions [1][1]. - The demand for backup power is projected to increase by approximately 10% if AIDC energy consumption grows by the same percentage, indicating a strong market potential for the company [1][1]. - The promotion of green energy and energy storage models in data centers is expected to significantly expand the scale of energy storage systems beyond traditional backup scenarios, providing broader development opportunities for the company [1][1].