DBM Video: Raising HK $4.4 Billion, "Huawei Series" Energy Storage Dark Horse Officially Launches Hong Kong Stock IPO

On April 8, Sige Xinneng, a black horse of energy storage that has only been established for more than three years, officially launched its offering and is expected to be listed on the main board of the Hong Kong Stock Exchange on April 16. Sige Xinneng plans to sell 13.5739 million H shares globally at a price of HK $324.20 per share. The global offering is expected to raise about HK $4.401 billion, and the IPO market value will exceed HK $80 billion.

2026-04-10 15:39:55

On the evening of April 8, Tianhua Xinneng disclosed its performance forecast for the first quarter of 2026. According to the performance forecast, Tianhua Xinneng expects to achieve a net return of 900 million yuan to 1.05 billion yuan in the first quarter of 2026, an increase of 27517 of 53% to 32120 of 45% over the same period last year, with a minimum increase of more than 275 times; Net profit after deduction is expected to be 878 million yuan to 1.028 billion yuan, turning losses into profits compared with-27.3727 million yuan in the same period last year, an increase of 3307.58% to 3855.57%.

2026-04-10 15:29:02

On April 7, the announcement of Nandu Power Supply showed that Zhu Baoyi, chairman and general manager, planned to reduce his holdings of no more than 14.0493 million shares of the company within three months from April 29, accounting for 1.58% of the total share capital. According to the latest share price, the cash amount was about 162 million yuan.

2026-04-09 16:41:23

On April 7, Datang Hebei Zhangjiakou Power Plant Million New Energy Base 290 MW/1160 MWh announced the successful candidate for the procurement of lithium iron phosphate battery energy storage system for supporting energy storage projects.

2026-04-08 17:05:18

On April 7, Yiwei Lithium Energy issued two investment announcements, respectively, in Shanghang County, Longyan City, Fujian Province, and Qidong City, Jiangsu Province, with a total planned capacity of about 110 GWh of new energy storage batteries and a total investment of about 11 billion.

2026-04-08 15:06:32

On April 7, two EPC bidding projects (250MW/1000MWh project and 100MW/400MWh project) for shared energy storage power stations in Jiangkou Village, Pengbao Town, yuanzhou District, Guyuan City, Ningxia were announced to be abandoned at the same time.

2026-04-08 11:49:44

In 2026, the concept of district energy storage was suddenly detonated. In March alone, there were 171 new district energy storage filing projects in Shandong Province, with a capacity of 10.09 GWh, accounting for nearly 60% of the total energy storage filing in the province! So what is platform area energy storage.

2026-04-07 17:26:31

On April 3, the EPC of the 400MW/800MWh independent energy storage power station project in the industrial accumulation area of Xiyang County, Shanxi Province, issued a tender announcement. The source of the project fund is 960 million yuan of self-raised funds, with a unit price of 1.2 yuan/Wh. The tenderer is Shanxi Shisanchu New Energy Technology Co., Ltd.

2026-04-07 16:11:27

On April 2, Xinzhaoneng (Inner Mongolia) Energy Technology Co., Ltd. issued a tender announcement for EPC design and construction of 1 GW all-vanadium redox flow stack and energy storage system integrated production line.

2026-04-07 11:15:39

Recently, Ganfeng Lithium Industry released its annual report for 2025. During the reporting period, the Company realized revenue of RMB23.082 billion, representing a year-on-year increase of 22.08%, and realized net profit attributable to parent company of RMB1.613 billion, turning losses into profits, representing a substantial increase of 177.77%.

2026-04-03 16:58:56

On March 31, the EPC general contracting of CECEP 300 MW/1200 MWh Independent Energy Storage Project (Phase I) issued a public tender announcement. The project is planned to be constructed in two phases. In the first phase, the 4 # main transformer bay of 330 kV Mengtian substation booster station will be expanded, and a 250 MW/1000 MWh lithium iron phosphate electrochemical energy storage power station will be built in this phase.

2026-04-03 15:09:14

On April 1, Tianzhi Material announced that its wholly-owned subsidiary, Jiujiang Tianzhi, had sued 12 parties, including Shenzhen Yanyi New Material Co., Ltd., Zhejiang Yanyi New Energy Technology Co., Ltd., and Li Sheng, former chief engineer of Tianzhi Material, for trade secret infringement disputes, with claims amounting to 1.472 billion yuan.

2026-04-03 15:07:11

On March 31, Lingpai Technologies announced that it intends to transfer 100% equity of Lingpai Research Institute, a wholly-owned subsidiary of Wuqiang Power, at a transfer price of RMB 1.

2026-04-02 16:54:22

On March 31, Sunshine Power released its annual report for 2025, with operating income of 89.184 billion yuan, an increase of 14.55% over the previous year, net profit of 13.461 billion yuan, an increase of 21.97% over the previous year, and both revenue and net profit reached a record high.

2026-04-02 11:07:02

On March 28, BYD released its annual report for 2025. The annual revenue was RMB803.965 billion, representing a year-on-year increase of 3.46%; the net profit attributable to the parent company was RMB32.619 billion, representing a year-on-year decrease of 18.97%.

2026-04-01 17:06:03

On March 28, BYD released its annual report for 2025. The annual revenue was RMB803.965 billion, representing a year-on-year increase of 3.46%; the net profit attributable to the parent company was RMB32.619 billion, representing a year-on-year decrease of 18.97%.

2026-04-01 16:14:50

Recently, Haichen Energy Storage announced the formal signing of a strategic cooperation agreement with Brawn Capital, a renewable energy infrastructure investment institution in the Asia-Pacific region, and plans to reach a cumulative long-term energy storage project cooperation of 3 GWh by 2030.

2026-03-31 15:09:29

On March 27, Jinzhong Heshun 200 MW/800 MWh Shared Network Energy Storage Power Station EPC General Contracting Tender Announcement was issued. The tenderer is Jinzhong Xinruineng Technology Co., Ltd. The total investment of the project is 750 million yuan, equivalent to a unit price of 0.94 yuan/Wh.

2026-03-31 10:59:44

Recently, Sunshine Power has partnered with its official distribution partner in South Africa, Herholdt's Group, to deploy a 1.1 GWh industrial and commercial energy storage system.

2026-03-30 16:58:42

On the evening of March 27, Yiwei Lithium Energy announced that it planned to sign an investment agreement with the Management Committee of Zhongkai High-tech Zone in Huizhou to invest in the construction of a 60 GWh energy storage (power) battery manufacturing project with a total investment of about 6 billion yuan and a land area of about 500 mu. On the same day, Yiwei Lithium Energy also released its annual report performance. In 2025, the company achieved operating income of 61.47 billion yuan, an increase of 26.44% over the previous year; net profit attributable to parent company of 4.13 billion yuan, an increase of 1.44% over the previous year. In 2025, the company shipped 71.05 GWh of energy storage batteries, an increase of 40.84% over the previous year, and realized revenue of 24.44 billion yuan.

2026-03-30 14:37:14

On March 27, Jiuyao (Alashan) New Energy Technology Co., Ltd. 3 GW/12 GWh, the whole industry chain equipment manufacturing base project of all-vanadium flow battery started in Alashan High-tech Industrial Development Zone, Inner Mongolia.

2026-03-30 10:50:23

Ruipu Lanjun disclosed its annual performance announcement for 2025 on March 26. In 2025, the Company achieved revenue of RMB24.334 billion, representing a year-on-year increase of 36.7%. Net profit was 681 million yuan, turning losses into profits, which is the company's first profit since its establishment in 2017.

2026-03-27 10:58:14

On March 25, Yahua Group announced the signing of the Purchase and Sale Agreement with MGLIT, Brazil, and planned to continue purchasing the product within five years after the stable production of spodumene concentrate.

2026-03-26 16:59:52

On March 25, the bidding results of the energy storage system framework procurement project of CGN New Energy in 2026 were officially announced. The procurement scale of the project reached 7.2 GWh, and the tenderer was CGN Wind Power Co., Ltd.

2026-03-26 16:55:39

Recently, China's first new energy storage AI data analysis platform was officially put into use. The platform can access different types of new energy storage devices, rely on AI autonomous learning and massive data analysis capabilities, remotely and real-time detection of equipment defects, and automatically generate operation and maintenance programs for processing.

2026-03-25 17:35:17

On March 24, the announcement of termination of EPC general contract for independent new energy storage project in Shizuishan National High-tech Zone of Ningxia was issued. This project is terminated due to major changes, and will be released at a later date after adjusting the corresponding contents.

2026-03-25 15:01:58

On March 20, Shanxi Province issued two tender announcements for energy storage projects, covering EPC and energy storage equipment, with a total scale of 460 MW/1.4 GWh.

2026-03-24 16:09:22

Recently, Xinjiang Changji Guotou issued an announcement on the termination of the procurement of energy storage system equipment for four shared energy storage projects, with a total scale of 800 MW/3.2 GWh, all due to the adjustment of the bidding plan.

2026-03-24 11:06:31

Recently, Trina Solar officially withdrew its application for the development of the 200MW/800MWh Pleystowe battery energy storage project in Queensland, Australia. It is understood that the project site near Mackay, Queensland, encountered strong opposition from the local community during the approval stage, and the government received 733 objections during the consultation period, with only three in support.

2026-03-23 17:18:53

On March 17, Atlas Sunshine Power Group announced that Atlas Energy Storage, a subsidiary of its energy storage solutions business, had signed a supply agreement with a large overseas utility company to provide battery energy storage systems for an energy storage project with a scale of about 500 MW/2,493 MWh.

2026-03-19 16:17:46