Penetrate into Meta's supply chain! AI computing power energy storage manufacturer Anshi Technology's GEM IPO has been accepted.

On June 8th, Shenzhen Anshi New Energy Technology Co., Ltd. (referred to as Anshi Technology) received approval for its IPO on the Shenzhen Stock Exchange ChiNext Board. Guolian Minsheng Securities is the sponsoring institution, with plans to raise 1.21831 billion RMB. According to the prospectus, Anshi Technology's products mainly focus on lithium battery modules, lithium battery systems, and other battery products. The company's business is centered around the three core areas of data center backup power, energy storage, and industrial power, providing backup battery products for enterprise data centers, AI computing centers, energy storage battery products for households, commercial and industrial users, and industrial power battery products for engineering machinery, medical vehicles, and other equipment. Currently, the company offers UPS battery systems, rack power low-voltage BBU, and HVDC BBU as three backup power battery system solutions to customers. According to Mordor Intelligence data, the global UPS equipment market is estimated to reach 12.81 billion USD by 2026 and is expected to reach 15.72 billion USD by 2031, with a compound annual growth rate of 3.58% between 2026 and 2031. Due to the rapid development of the UPS equipment industry, the global UPS battery system market size is also steadily growing. According to Technavio data, the global market size of UPS battery systems used in data centers is expected to grow to 8.38 billion USD by 2029, with a compound annual growth rate of 6.8% from 2024 to 2029. BBU has already been implemented in Meta and Google's data centers and AI computing centers, gradually replacing traditional UPS as backup power solutions for AIDC. According to Omdia, the penetration of the BBU market will continue to increase over the next five years, but it still cannot completely replace UPS. According to the GGII report, the global BBU backup battery market is estimated to be around 3.5 billion USD in 2025, with the potential to rapidly grow to 35 billion USD by 2030, with a fast compound annual growth rate of 58.5% from 2025 to 2030. According to a report from J.P. Morgan, the company is one of the few BBU suppliers in mainland China that supply to global leading cloud service providers like Meta, demonstrating the company's technological strength and customer recognition in the AI computing infrastructure field. Anshi Technology's business primarily targets overseas markets, with their products already obtaining certifications from more than 20 countries and regions including EU CE certification, US UL certification, Japan PSE certification, and Australia RCM certification. The company's battery safety and performance testing laboratory is the first in the industry to simultaneously receive accreditation from the US ULCTDP (Client Test Data Recognition Program Laboratory), Germany's TV Rheinland, and DEKRA. In terms of finances, in the fiscal years of 2023, 2024, and 2025, the company achieved operating income of approximately 647 million RMB, 851 million RMB, and 962 million RMB respectively; during the same period, the net profits were approximately -22.8411 million RMB, 120 million RMB, and 118 million RMB.