According to the disclosure of the Hong Kong Stock Exchange on July 28, Deye shares again submitted an application for listing to the main board of the Hong Kong Stock Exchange.
As the hearing was not completed within six months, the prospectus automatically lapsed on July 27 , 2026. The next day (July 28), Deye shares immediately submitted an updated version of the prospectus, the second breakthrough in the Hong Kong stock IPO.
According to the disclosure, this IPO is mainly used in four directions. Firstly, it will be used to enhance research and development capabilities and promote technological innovation iteration in the next five years; secondly, it will be used to build production bases and warehouses and expand production capacity and warehousing in the next five years; thirdly, it will be used to strengthen the layout of global marketing service network and expand global customers in the next five years; fourthly, the remaining part will be used to supplement working capital and other general corporate purposes. According to
the data, Ningbo Deye Science and Technology Co., Ltd. was established in August 2000 and successfully listed on the Shanghai Stock Exchange in April 2021. At present, it has a full range of photovoltaic inverters , , according to Frost Sullivan's data, in terms of sales in 2025." Deye has become the world's largest ." Deye expects to achieve a net return of 2.668 billion yuan to 2.728 billion yuan in the first half of 2026, an increase of about 1.146 billion yuan to 1.206 billion yuan compared with the same period last year. Year-on-year increase of 75.28% to 79. It is worth noting that before that, the net profit of Deye shares has achieved performance growth for 10 consecutive years, with a cumulative increase of about 3385% .
year to April 2026, Deye's overseas revenue share continued to climb from 58% to 87.6%. Overseas revenue in the first four months was about 54.
Among the overseas markets of Deye shares, the fastest growth was in Europe , where revenue in the first four months was about 2.798 billion yuan, an increase of about 312.
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