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SIGENERGY

06656 · HKEX
Listed

Sige New Energy (Shanghai) Co.

Listed

IPO Timeline

  1. OpenApr 08
  2. CloseApr 12
  3. AllotmentApr 14
  4. PaymentApr 16
  5. ListingApr 16

Key Facts

Issue Price

HKD 324.20

Min Entry Fee

HKD 32,746.91

Shares Issued

13.57M

Lot Size

100

Total Raise

HKD 4400.7M

Estimated Market Cap

HKD 80.01B

Public Allocation

10.0%

International Placement

90.0%

Business Overview

Sige New Energy (Shanghai) Co., Ltd. is a technology innovation enterprise specializing in the new energy sector. Leveraging world-class digital intelligence technologies and strengths in differentiated innovative talents, it is deeply engaged in photovoltaic power generation, smart energy storage, and efficient EV charging.

Use of Proceeds

The company is a global leader in the field of distributed energy storage system (DESS)​ solutions. The company believes that the distributed energy storage system (DESS)—a product used by tens of millions of households and businesses worldwide for solar power generation, energy storage, and charging—is characterized by the integration of AI and advanced software technologies, and offers smarter, safer, and scalable energy solutions. Strategically, the company focuses on the market for stackable distributed photovoltaic-storage-all-in-one machine solutions, a segment that accounted for approximately 0.7% of the energy storage system market in 2024.

1、Approximately 38.0% (or HK$1,592.2 million) will be used to further expand the R&D team and upgrade R&D equipment and technologies;

2、Approximately 32.0% (or HK$1,340.8 million) will be used to strengthen marketing and after-sales services to drive the expansion of the global customer base and business coverage;

3、Approximately 12.0% (or HK$502.8 million) will be used to expand production capacity;

4、Approximately 9.0% (or HK$377.1 million) will be used to diversify the product portfolio and expand commercial and industrial photovoltaic-storage-charging solutions;

5、Approximately 9.0% (or HK$377.1 million) will be used for working capital and general corporate purposes.

Sponsor Track Record

NamePast DealsFirst Day Avg %Break Rate %30-Day Avg %
中金香港2812.421.48.6
中信里昂199.726.35.1
建银国际146.235.71.8

Baseline updated: 2026-04-15

Intermediaries & Documents

Sponsors

  • CITIC Securities (Hong Kong) Co., Ltd.
  • France Paris Securities (Asia) Limited

Underwriters

  • China Citic Lion Securities Co., Ltd.
  • France Paris Securities (Asia) Co., Ltd.
  • China International Financial Hong Kong Seurities Co., Ltd.

Prospectus PDF

Prospectus PDF

Cornerstone Investors

  • Aranda Investments Pte. Ltd.
  • 上海陆家嘴(集团)有限公司
  • 高盛资产管理(香港)有限公司
  • UBS Asset Management (Singapore) Ltd.
  • Lazurite Hime L.P.
  • ΑΧΑ Investment Managers UK Limited
  • CPE Energy Investment Limited
  • HHLR Advisors, Ltd.
  • 3W Fund
  • Baring Asset Management (Asia) Limited
  • Huadeng Technology Space Ventures Ltd
  • Boyu Capital Opportunities Master Fund
  • Perseverance Asset Management International
  • Scene Cloud Global Limited
  • 工银理财有限责任公司
  • 景林资产管理香港有限公司
  • 正大机器人有限公司
  • 中国太保投资管理(香港)有限公司
  • 富国基金管理有限公司
  • Hillhouse Investment Management, Ltd.
  • 富国资产管理(香港)有限公司

Total

0

49.8% of placement

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