Sigen New Energy (06656.HK) has declared its intention to issue 13.5739 million H shares on a global scale. This issuance includes 1.3574 million shares earmarked for the Hong Kong public offering and 12.2165 million shares designated for international distribution, accompanied by a 15% over-allotment option. The offering price has been fixed at HK$324.20 per share, with the anticipated listing and commencement of trading on the Hong Kong Stock Exchange scheduled for April 16, 2026. As a frontrunner in the global distributed energy storage system solutions sector, Sigen New Energy primarily targets the market for stackable distributed photovoltaic-energy storage integrated solutions. Its flagship offering, SigenStor, boasts a modular and stackable architecture tailored to address the energy requirements of both residential and commercial sectors. The company intends to allocate the net proceeds from the global offering, estimated at approximately HK$4.1899 billion, towards expanding its R&D team, advancing R&D technology, bolstering marketing and after-sales services, augmenting production capacity, diversifying its product lineup, and securing working capital.