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].
