Shuangdeng FY26 H1 turns to net loss of RMB 26 million; revenue rises 17.4% to RMB 2.64 billion

• Shuangdeng Group posted a net loss of RMB 26 million, swinging from a profit, as revenue rose 17.4% to RMB 2.64 billion.
• Gross profit edged up to RMB 340.91 million, while gross margin narrowed 2 percentage points to 12.9%.
• AIDC data center energy storage revenue climbed 34.8% to RMB 1.39 billion; new power energy storage more than doubled to RMB 397.85 million.
• Telecom energy storage revenue fell 40.9% to RMB 571.83 million as the group trimmed lower-margin orders.
• Management flagged RMB 80 million in historical tax-related costs, RMB 56 million in FX losses, higher R&D spending, and raw-material pressure.

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