New Stock IPO | Sige New Energy raises 4.4 billion yuan in its offering, with an entry fee of 32,747 yuan

SighingCashier · 2026-04-08T00:17:13+00:00

Sige New Energy (06656) will conduct an H-share IPO from today until April 13, offering 13.57M shares at 324.2 yuan per share, with a maximum fundraising of 13.57M yuan. The proceeds will be used to expand the R&D team and equipment, enhance marketing, increase production capacity, and diversify products. Shares are expected to be listed on April 16.

SighingCashier

2026-04-08 00:17:13

Abstract generation in progress

A distributed energy storage system (DESS) solutions provider, SigEnergy New Energy (06656), will launch its initial public offering starting today through next Monday (April 13). It will offer 13.5739 million H shares, with the Hong Kong public offering accounting for 10%, and the remainder allocated to international placement.

The offer price is HK$324.2 per share, raising up to HK$4.4B.

One board lot consists of 100 shares, with an entrance fee of HK$32,746.96.

The company plans to use approximately 38% of the net proceeds to further expand its R&D team and enhance its R&D equipment and technologies; approximately 32% to strengthen marketing and after-sales services to expand its global customer base and increase business coverage; approximately 12% to expand production capacity; approximately 9% to diversify its product mix and expand its commercial and industrial solar-plus-storage (photovoltaic and storage) solutions; and the remainder for working capital and general corporate purposes.

Shares are expected to list on April 16. Joint sponsors include CITIC Securities and BNP Paribas.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.