Linklaters has acted as the Hong Kong and US counsel to the joint sponsors and underwriters on the global offering and listing of H shares of Sigenergy Technology Co., Ltd. (Sigenergy) on the Main Board of the Hong Kong Stock Exchange (HKEX), raising approximately HK$4.4bn. This marks the first IPO of an AI-optimised, five-in-one energy storage system solution provider, representing a notable milestone for the rapid-growing energy storage sector.
Sigenergy is a global leader in distributed energy storage system (DESS) solutions, providing innovative renewable energy solutions for both homes and businesses. With a strategic focus on stackable solar storage systems, the company has become the world’s number one provider of stackable all-in-one DESS solutions measured by product shipments*.
The Linklaters team was led by Partner and Head of Greater China ECM Christine Xu and capital markets partner Lipton Li, with support from counsel Queenie Tong.