Understanding the Market | SHUANGDENG shares rise over 9% AIDC new high-multiplication battery cells may be applied in bulk next year, the company is a core target for AIDC energy storage

SHUANGDENG shares rose over 9% again, as of the time of writing, up 8.39%, priced at HKD 23, with a transaction volume of HKD 73.5534 million. In terms of news, on October 27th, Shanghai Securities Journal reported that Huang Xuejie, a researcher at the Institute of Physics of the Chinese Academy of Sciences, is leading a team at the Songshan Lake Materials Laboratory to collaborate with SHUANGDENG to develop a new type of battery, expected to be applied in mass production by 2026. "Currently, we have completed the preparation of the first sample and are conducting full performance evaluations, with mass application expected in 2026," said Zhong Yihua, the technical head of SHUANGDENG. It is reported that SHUANGDENG is a core target for AIDC energy storage, serving leading internet and data center operators such as Alibaba, JD.com, Baidu, GDS, and Qinhuai Data, and has become Alibaba's main supplier in data center energy storage. A relevant person in charge of SHUANGDENG previously stated that if AIDC energy consumption increases tenfold, it would mean that backup power demand would also roughly increase tenfold. More importantly, as the green electricity + energy storage model is gradually promoted in data centers, the scale of energy storage systems will far exceed traditional backup power scenarios, which is expected to open up broader development space for the company