HK Stock Market Move | SHUANGDENG (06960) rose more than 6%, NVIDIA explicitly emphasizes the essential demand for AIDC storage, the company seizes the core link of AIDC storage energy.

SHUANGDENG (06960) rose more than 6%, closing at a 6.38% increase at 21.68 Hong Kong dollars, with a trading volume of 36.6554 million Hong Kong dollars. On the news front, at the OCP conference held from October 13th to 16th, NVIDIA released the 800 VDC architecture white paper, explicitly stating the necessity of AIDC storage matching and the next generation power distribution solution. Huatai believes that the emphasis on AIDC storage matching in the energy storage sector is in line with the bank's judgment on AIDC driving the demand for energy storage, and the bank believes that AIDC will become one of the important incremental scenarios driving global energy storage demand growth in the future. It is reported that SHUANGDENG is the core target of AIDC energy storage, serving top internet and data center operators such as Alibaba, JD.com, Baidu, Global Switch, and Qinhuai Data, and has become a major supplier for Alibaba in the field of data center energy storage. A responsible person from SHUANGDENG previously stated that if AIDC energy consumption increases tenfold, it would also mean that backup power demand would roughly increase by tenfold. More importantly, as the green power + energy storage model gradually expands in data centers, the scale of energy storage systems will far exceed that of traditional backup power scenarios, potentially opening up broader development opportunities for the company.