储能逆变器龙头企业德业股份于7月28日向香港交易所更新递交H股上市申请1,距首次递表半年1。截至7月29日A股收盘,公司报85.13元,总市值约1084亿元1。上半年净利润预计约27亿元1。
德业股份已成为全球第一大户用储能逆变器提供商,按2025年销售金额统计,市占率达20.6%1。2025年全年营收达122.24亿元,净利润31.69亿元1,其中外销收入97.47亿元,占总营收79.74%1。前五大客户合计贡献收入39.04亿元,占比31.9%1。
本次赴港募资主要投向研发升级、产能扩建和全球营销网络建设1。公司于2025年11月增资6.5亿元建设7GWh工商业储能产线1。
Deyu Stock, a leading provider of household energy storage solutions, updated its H-share listing application to the Hong Kong Stock Exchange on July 28, marking a second attempt at securing a Hong Kong listing 1. The company first submitted its application on January 27, having now resubmitted half a year later 1.
As of the close of trading on July 29, Deyu Stock's A-share price stood at 85.13 yuan, giving the company a total market valuation of approximately 108.4 billion yuan 1. For the first half of the year, the company reported an estimated net profit of around 2.7 billion yuan 1. In 2025, the company achieved revenues of 122.24 billion yuan with a net profit of 31.69 billion yuan, with overseas sales accounting for 79.74 percent of total revenue at 97.47 billion yuan 1. The top five customers collectively contributed 39.04 billion yuan in revenue, representing 31.9 percent of the total 1.
Deyu Stock has established itself as the world's largest provider of household energy storage inverters, commanding a global market share of 20.6 percent based on 2025 sales figures 1. The company's planned use of IPO proceeds will focus on research and development upgrades, production capacity expansion, and strengthening its global marketing network 1. In November 2025, the company increased its investment by 650 million yuan to construct a 7 GWh commercial and industrial energy storage production line 1.
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