Sinexcel responded to rumors that the US is banning imports of foreign inverters, stating that the company does not sell photovoltaic inverters and that revenue from its energy storage inverter business in the US accounts for an extremely low share of total company revenue. The specifics of the rumor are still under discussion and confirmation. The company will monitor market changes in real time, flexibly deploy production capacity, and build a diversified supply chain layout to address potential risks, while expanding overseas business in compliance with laws and regulations.
Shenzhen Sinexcel Electric Co LtdUS may ban foreign inverters; Sinexcel's US energy storage inverter revenue is extremely low, but the rumor poses a regulatory risk to its overseas business.