Guangzhou Great Power Energy&Technology Co Ltd

Penghui Energy stated during an institutional conference call that in the first half of this year, the company's product sales were at the best level in its history, continuing an upward trend since the second half of last year, and there is still an upward trend based on industry demand. The company pointed out that whether in domestic or overseas markets, customer demand for next year is relatively clear, with overseas residential energy storage, especially commercial and industrial energy storage, expected to see relatively high growth.

Penghui Energy said during an institutional conference call that in the first half of this year, the company's product sales were at the best level in its history, and have been on an upward trend since the second half of last year. Based on industry market demand, there is still a continued upward trend. At present, whether in the domestic market or overseas markets, customer demand next year is still relatively clear. In overseas markets, residential storage, especially commercial and industrial energy storage, is expected to see relatively high growth.

Penghui Energy stated during an institutional conference call on July 15 that demand for its energy storage products is strong in the second half of this year, and production capacity is already largely saturated. The company's newly built production lines will be compatible with mainstream cell models such as 314Ah and 588Ah, and are expected to commence production in the fourth quarter or by year-end.

Penghui Energy disclosed its earnings forecast, expecting a net profit attributable to the parent company of 800 million to 866 million yuan for the first half of 2026, compared with a loss of 88.2267 million yuan in the same period last year, achieving a turnaround to profitability. The company stated that during the reporting period, the industry improved, both production and sales were strong, and sales orders increased, driving revenue growth.

On the evening of July 15, several listed companies released positive announcements. Biwin Storage expects to achieve a net profit attributable to owners of the parent company of 7 billion to 7.5 billion yuan for the first half of 2026, turning around from a loss in the same period last year. Konfoong Materials International forecasts a net profit attributable to the parent company of 480 million to 560 million yuan for the first half of 2026, representing a year-on-year increase of 89.99 percent to 121.65 percent. Great Power Energy and Technology expects a net profit attributable to the parent company of 800 million to 866 million yuan for the first half of 2026, swinging from a loss to a profit. Dapu Microelectronics anticipates a net profit attributable to the parent company of 1.2 billion to 1.35 billion yuan for the first half of 2026, also turning around from a loss. In addition, Shijia Photonics plans to raise no more than 2.8 billion yuan through a private placement for projects including the construction of high-speed AWG chip and optical interconnect component production capacity. China Jushi plans to invest 2.405 billion yuan to build a production line with an annual output of 250 million meters of electronic fabric. China XD Electric intends to participate in establishing Chongqing XD Electric Switchgear Company to implement a smart factory project. Canqin Technology plans to raise no more than 851 million yuan through a private placement for projects such as the industrialization of advanced ceramic packaging. A subsidiary of Huitian New Materials plans to invest 126 million yuan to build a project with an annual output of 72,000 tons of lithium battery electrode adhesive. Fengxing Co. plans to purchase a 25 percent stake in Baiyin Huaxin for 147.5 million yuan to implement transformation and upgrading. The chairman of Zhongchuang Zhiling has proposed a share buyback of 300 million to 400 million yuan. Heshun Electric has won a bid for a mobile energy storage power service project from CNPC Technical Service, with an estimated contract value of 141 million yuan. A wholly-owned subsidiary of Xianfeng Holdings plans to establish a joint venture to lay out the PCB business. Jingce Electronic intends to acquire a 41.17 percent stake in Shanghai Jingce and will resume trading on the 16th.