Sieyuan Electric Co Ltd

Sieyuan Electric released its 2026 interim report, with net profit attributable to the parent company of 1.464 billion yuan, up 13.23% from the same period last year. Total operating revenue was 10.795 billion yuan, an increase of 2.298 billion yuan from a year earlier, up 27.05% year on year, marking five consecutive years of growth. Net cash inflow from operating activities was 227 million yuan, an increase of 940 million yuan from the same period last year. The company's latest asset-liability ratio was 49.24%, gross margin was 30.46%, and diluted earnings per share was 1.87 yuan.

Sieyuan Electric plans to use its own funds to inject at least 400 million yuan into its wholly-owned subsidiary Jiangsu Sieyuan New Energy Technology Company, to expand production capacity for supercapacitors and related products. The company stated that in new power system application scenarios, supercapacitor business applications such as static synchronous condensers and frequency regulation energy storage are shifting from pilot to batch deployment. In data center scenarios, they have also entered the batch application stage as a main technical solution. The company maintains firm confidence in the development prospects of complete sets of products and system solutions based on supercapacitors.