HKG:6960

4 stories mentioning HKG:6960Updated 15d ago

Every FINWIRES story that references HKG:6960, newest first.

Shuangdeng Group Expects to Swing to H1 Loss; Shares Fall 3%

Shuangdeng Group (HKG:6960) expects to report a loss of approximately 20 million yuan to 30 million yuan for the first half of 2026, compared with a profit of approximately 160 million yuan a year earlier.The battery manufacturer attributed the expected loss mainly to the impact of historical tax matters and foreign exchange losses, according to a Thursday Hong Kong bourse filing.Shares of the company fell over 3%in recent trade.

HKG:6960

Asia21d ago

Shuangdeng Group's Pre-IPO Shareholders Extend Lock-Up by One Year

Shuangdeng Group (HKG:6960) said certain pre-IPO shareholders, including its controlling shareholders, have agreed to extend the lock-up period on 287.9 million shares until Aug. 25, 2027, according to a Hong Kong bourse filing.The shares represent about 67.64% of the company's issued share capital. The original lock-up period expires on Aug. 25, 2026.

HKG:6960

Asia64d ago

Shuangdeng Group Completes H-Share Circulation

Shuangdeng Group (HKG:6960) completed its planned H-share circulation in Hong Kong, according to a filing with the city's bourse Wednesday.The battery maker's shares gained nearly 6% in late-morning trade Thursday.The firm converted and listed about 191.8 million domestic shares, or 46% of its total issued capital, into H shares under the full circulation scheme.

HKG:6960

Asia109d ago

Shuangdeng Shares Rise 7% on Semi-Solid-State Energy Facility Plans

Shuangdeng (HKG:6960) said it will invest in a project to produce semi-solid-state energy storage cells and system integration for artificial intelligence data centers, according to an April 10 Hong Kong bourse filing.Shares of the energy storage batteries maker were up nearly 7% in Monday morning trade.The company has signed an agreement with the administrative committee of Jiangsu Xuyi Economic Development Zone to develop the project, which will have an annual capacity of 12 gigawatt-hours (GWh).The investment will be rolled out in phases and aims to support growing demand for energy storage services in AI data centers.

HKG:6960

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