SHUANGDENG (06960) saw its shares rise nearly 6% during the morning trading session. At the time of writing, the stock was up 4.29%, trading at HKD 14.09, with a turnover of HKD 4.24 million. The increase follows the company's announcement that it has entered into an agreement with the Management Committee of Xuyi County, Jiangsu Province. Under this agreement, the company will construct and deploy an annual 12GWh semi-solid-state artificial intelligence data center (AIDC) energy storage battery cell and system integration project in the Xuyi Economic Development Zone, Jiangsu. The investment plan will be implemented by the company in phases. According to the announcement, the company's new power storage business recorded a significant year-on-year revenue increase in 2025, nearly doubling, with market orders remaining robust. To meet the rapidly growing market demand, the company has decided to invest in building the 12GWh semi-solid AIDC energy storage battery cell project. This move aims to capitalize on market opportunities driven by industry development and policy support, further strengthening the company's market position in the AIDC intelligent computing center energy storage application sector, and supporting the group's long-term business expansion and sustainable development.