Shuangliang Eco-Energy plans 2025 private placement, inks overseas contract

Shuangliang Eco-Energy Systems Co., Ltd. will proceed with a private placement of shares in 2025, aiming to raise up to 129,199 yuan. The funds are earmarked for zero-carbon intelligent manufacturing, green hydrogen equipment, and R&D projects. This move is expected to expand business, enhance technological capabilities, and improve market influence, aligning with national policies supporting carbon reduction and new energy development. The company projects an increase in total share capital and net assets post-issuance, with potential short-term dilution of earnings per share, though long-term profitability is anticipated. The company’s forecast for 2026 indicates potential net profits attributable to shareholders ranging from 40,000 yuan to 80,000 yuan.

In a related development, Shuangliang Eco-Energy Systems terminated its 2023 private placement plan due to evolving market conditions. The company also disclosed a procurement framework agreement with related party Huiju Technology Co., Ltd. for up to 2,300 yuan annually from 2026 to 2028. Additionally, Shuangliang Eco-Energy Systems secured an overseas contract valued at $119m for an air cooling system and related services, expected to positively impact future performance. The company’s Q3 2025 financial report showed a net profit of 53,177,929.61 yuan attributable to shareholders.