Hong Kong stocks AI battery storage giants: SGX Energy (06656) nearly billion Hong Kong IPO, GUOXIA TECH (02655) severely undervalued, or usher in multiple arbitrage opportunities in time and space.

SIGENEW (06656) officially launched its IPO today, aiming to debut on the stock exchange with a valuation of nearly HK$100 billion. This not only marks a milestone for SIGENEW itself, but also signifies the spotlight on the Hong Kong stock AI energy storage track entering the global top capital market. A deeper industry signal is emerging: the explosive potential and high growth certainty of the AI energy storage industry are quietly surpassing the Hong Kong 18A innovative medicine sector. SIGENEW's net profit jumped from less than 1 billion in 2024 to nearly 3 billion in 2025, achieving exponential growth in just one year - a growth rate that is almost impossible in other industries but has become a reality in the AI energy storage track. The soaring performance of SIGENEW and others in the energy storage industry is no coincidence. Who is the next SIGENEW? Who is currently standing at the "performance surge node" that SIGENEW experienced just a year ago? We have found the answer to this question. By analyzing the financial data, profit inflection points, and business models of all the AI energy storage targets, we have come to the macro conclusion that the AI energy storage industry is vast and deep. Once the AI energy storage industry reaches a revenue scale of over 1 billion HK dollars a year, it is easy to see explosive growth in the next one or two years. SIGENEW's revenue grew from 1.33 billion in 2024 to 9 billion in 2025, REPT BATTERO from 2.1 billion in 2021 to 14.6 billion in 2022, and HBSCHIC from 2.6 billion in 2022 to 6.9 billion in 2023. All these energy storage companies achieved explosive growth in just one year. SIGENEW's pre-IPO valuation was over 4 billion HK dollars, and this IPO valuation is nearly 100 billion HK dollars. This is a frenzy for primary market investment institutions. Is there a high-growth AI energy storage target in the secondary market that could potentially experience a surge in performance? Possibly. GUOXIA TECH (02655), another Hong Kong AI energy storage leader with explosive growth potential, has a financial trajectory that highly overlaps with SIGENEW - the revenue and profit curves for 2024 and 2025 are almost mirror images. With a valuation of over 20 billion in 2025, and a profit of 1.03 billion, GUOXIA TECH's financial performance mirrors that of SIGENEW in 2024. In the high-growth racing track of AI energy storage, GUOXIA TECH has a great opportunity to replicate SIGENEW's performance miracle in 2026. Looking at the compound annual growth rate over the past three years, SIGENEW and GUOXIA TECH have achieved the top positions. These two Hong Kong AI energy storage leaders are truly high-growth champions, and the era of billion valuation is approaching. Due to the certainty of high-growth performance in the AI energy storage track, foreign institutions predict that there will be over 30 companies with market capitalization of over a billion in the Hong Kong AI energy storage track in the future. SIGENEW's IPO is just the beginning, and from SIGENEW's performance over the past year, GUOXIA TECH is currently undervalued. 1. Financial Benchmarking: In 2024-2025, the two curves overlapped. Let's take a look at SIGENEW's financial trajectory. SIGENEW started commercial sales in May 2023, with revenue of only 58 million, and a loss of 373 million. The real turning point came in 2024: revenue soared to 1.33 billion, net profit turned positive to 84 million, and gross profit margin rose to 46.9%. In 2025, SIGENEW's revenue further surged to 9 billion, and net profit skyrocketed to 2.91 billion, a nearly 35-fold year-on-year increase. SIGENEW's "profit inflection point" clearly appeared in 2024 - from loss to profit, from less than 100 million in profit to nearly 3 billion, all achieved in just one year. Looking at GUOXIA TECH, revenue in 2024 was 1.026 billion, with a profit of 49 million, already profitable. In 2025, revenue increased to 2.057 billion, and net profit broke through 100 million for the first time, reaching 103 million, a 109.5% year-on-year growth. Comparing the two curves side by side, the conclusion is clear: GUOXIA TECH's revenue volume in 2025 (20.57 billion) is at a similar level to SIGENEW in 2024 (13.3 billion). GUOXIA TECH's net profit in 2025 (1.03 billion) almost completely overlaps with SIGENEW's net profit in 2024 (0.84 billion). In other words, by 2025, GUOXIA TECH's profit level is at the same position as SIGENEW's pivotal year of 2024. SIGENEW started from a profit of less than 100 million in 2024, skyrocketing to nearly 3 billion in just one year. GUOXIA TECH is currently starting from a similar point - with profits just over 100 million in 2025. Following SIGENEW's path, GUOXIA TECH has the potential for explosive growth in 2026. 2. Profit Inflection Point "Time-Space Arbitrage": Why is the valuation different by 5 times? The capital market gives a high valuation premium to the "revenue and profit inflection point" because it signifies that the business model has been verified and the effects of scale have begun to take effect. SIGENEW's IPO valuation is around 100 billion HK dollars (around 92 billion RMB), corresponding to a profit of about 2.9 billion in 2025, with a static PE ratio of around 32 times and a dynamic PE ratio of around 46 times (according to actual profits in 2025). GUOXIA TECH's current market capitalization is around 25.8 billion HK dollars. While the revenue comparison for 2025 (20.57 billion for GUOXIA TECH vs. 9 billion for SIGENEW) may seem a bit different, the true comparison with "arbitrage value" is not the absolute value across periods, but the position of the inflection point: GUOXIA TECH's profit of 1.03 billion in 2025 and SIGENEW's profit of 0.84 billion in 2024 - the profit levels are highly similar and both establish profitability after the inflection point. SIGENEW started from this position and achieved nearly 7 times revenue growth CKH HOLDINGS and over 30 times profit growth in the next year; if GUOXIA TECH replicates this elasticity, even if only reaching half of SIGENEW's growth rate, GUOXIA TECH's revenue in 2026 is expected to reach 5-10 billion. High-growth tech companies generally value future revenue for valuation. Using SIGENEW's IPO PS and PE as a reference anchor, if GUOXIA TECH achieves a profit of 1.5-3 billion RMB in 2026, its theoretical valuation should be between 79 billion and 158 billion HK dollars, with a potential upside of about 3 to 5 times compared to the current 25.8 billion HK dollars market value. And if GUOXIA TECH's "energy as Token" strategy explodes in 2026, its valuation is expected to remain stable at the billion level in the long term. 3. The High Explosive Power and Stable Long-Term Growth of the AI Energy Storage Industry is Already Surpassing Innovative Medicines If it were just a lagging financial curve and an inflection point overlap, GUOXIA TECH's investment value would be limited to "valuation repair." What truly gives it the potential for "intergenerational transcendence" is the exponential surge in AI computing demand in 2026. The high explosive power and stable long-term growth of the AI energy storage industry has now surpassed the innovative medicines of the 18A track. SIGENEW is an excellent AI energy storage company, with its flagship product the SigenStor all-in-one optical storage unit contributing over 90% of its revenue. With growth centered around the SigenStor product, SIGENEW is benefiting from the thriving global energy storage industry. GUOXIA TECH has built a closed-loop ecosystem through its "energy as Token" strategy, consisting of "hardware entry + AI Token Energy SaaS services," realizing a long-term revenue model where "device sales lead to service revenue". The hardware sales strategy primarily focuses on rapid market penetration to establish physical nodes at a low cost for acquiring customers; subsequently, AI energy management, peak-valley arbitrage algorithms, and other AI energy Token services generate sustained, high-margin daily revenue from each node; when a network of nodes is formed, GUOXIA TECH similarly constructs an AI Token energy factory, converting the dispatch of each unit of electricity into Token value, generating long-term post-sales revenue. This model of GUOXIA TECH is defined as "AI Token Energy SaaS." Its valuation logic transitions from the traditional industry PE to a compound valuation model of "hard technology + AI SaaS + platform value." An AI energy storage device is no longer just a hardware component - its value lies in the potential for long-term service revenue. While conventional energy companies sell "energy devices" that stop generating value upon delivery, GUOXIA TECH is constructing an "AI Token energy factory," where the sale of devices is just the beginning of value creation. Each AI energy storage device connected to the network will contribute continuous VPP scheduling returns and Token profits over the next few decades. GUOXIA TECH's LTV (Lifetime Value) will be several times higher than hardware gross profit, and as the number of nodes grows exponentially, the marginal cost of the network approaches zero, leading to an exponential profit explosion. 4. Energy as Token, GUOXIA TECH's Billion-dollar Core The market currently values GUOXIA TECH at around 25.8 billion, reflecting only its past value. Its true core - the AI Token energy factory built through the "energy as Token" model - has yet to be fully explored by the market. In GUOXIA TECH's model, each AI energy storage device is no longer just hardware, but a real-time "AI Token ATM." When hundreds of thousands of nodes aggregate to form a virtual power plant through AI algorithms, smart investors may suddenly realize that GUOXIA TECH is actually an AI technology company disguised as an energy storage company, one that defines the rules of energy valuation and extracts long-term fees from the scheduling and trading of each unit of electricity through an AI technology platform. The value of this AI technology platform far exceeds the cumulative profits from hardware. Ordinary energy companies sell "energy devices," which have a fixed value upon delivery; GUOXIA TECH builds an "AI Token energy factory," where the sale of devices is just the beginning of value creation. Each AI energy storage device connected to the network will contribute continuous VPP scheduling returns and Token profits over the next few decades. GUOXIA TECH's LTV will be several times higher than hardware gross profit, and as the number of nodes grows exponentially, the network's marginal cost approaches zero, leading to an exponential profit explosion. 5. GUOXIA TECH, Why is it an "Time-Space Arbitrage + Alpha Arbitrage" opportunity? In the global AI competition, who are the true beneficiaries? While the market focuses on the journeys of MiniMax-W and KNOWLEDGE ATLAS, the two Hong Kong "AI big model giants" in the field of artificial intelligence, some foreign institutions have already turned their attention to companies that are "selling shovels" for this AI revolution. GUOXIA TECH and SIGENEW, representing the two Hong Kong "AI energy-storage giants," are at the forefront of the sweet period of explosive performance by providing certainty to the energy systems of the AI era. Time-Space Arbitrage (Beta): In 2026, the demand for AI energy storage industries is growing exponentially (Beta). As long as energy storage booms, everyone's performance will increase. Therefore, GUOXIA TECH's performance in 2026 is highly likely to replicate SIGENEW's performance in 2025. Alpha Arbitrage (Excess Returns): This is based on GUOXIA TECH's unique logic of "energy as Token" and "AI Token energy factory." GUOXIA TECH is currently undervalued, with the market only giving it the valuation of a "device supplier" (the high PE ratio actually reflects the illusion that the denominator profit has not yet exploded), while ignoring the Alpha revenue from the accumulation of nodes after the energy was SaaS-ized. The core logic: This arbitrage sees the "steepness" of profit release before the market does. SIGENEW has proven in just one year that the AI energy storage industry can easily achieve the performance of "revenue increasing 7 times, profit increasing 30 times." SIGENEW's nearly billion-dollar market valuation in the Hong Kong IPO has completely opened up the valuation ceiling for the entire AI energy storage track. SIGENEW's billion-dollar market valuation is anchored in excellent products; GUOXIA TECH's billion-dollar market valuation is anchored in the pricing power in the AI era of energy. GUOXIA TECH, as the only target among the listed AI energy storage companies whose financial model revenue and profit position completely overlaps with SIGENEW in 2024, yet has been severely undervalued due to the market's oversight of its high-growth explosive attributes, a reevaluation of its value is not a question of "whether" but of "when" and "how much." For investors seeking 5-10 times growth opportunities, GUOXIA TECH may not only be the SIGENEW of a year ago, but also the starting point of a great dream of the "energy as Token" era that has been overlooked.