Core Viewpoint - The company, Zhengli New Energy, reported significant growth in its first half of 2024, achieving a revenue of 3.172 billion yuan, a year-on-year increase of over 71.9%, and a net profit of 220 million yuan, marking a turnaround from a loss of 130 million yuan in the same period last year [2][3]. Financial Performance - Zhengli New Energy's battery installation volume reached 7.83 GWh in the first half of 2024, with a year-on-year growth of over 99.24%, and passenger vehicle shipments amounted to 7.63 GWh, up 110.77% [3]. - The company's revenue from battery business increased from 1.641 billion yuan to 2.985 billion yuan, a growth of 81.9%, while the gross margin improved from 11.1% to 18.3% [6][10]. Market Position and Strategy - Zhengli New Energy has adopted a differentiated strategy focusing on passenger vehicles, collaborating with major automakers such as FAW Hongqi, Leap Motor, and SAIC [5]. - The company ranks ninth in overall battery installation volume and seventh in the passenger vehicle segment for the first half of 2024 [3]. Product Development and Innovation - The company has developed a diverse range of battery products, including high-energy density lithium iron phosphate batteries and aviation batteries, which have received certifications for safety and performance [7][8]. - Zhengli New Energy is also advancing in solid-state and sodium-ion battery technologies, with plans for a pilot line for solid-state batteries expected to be operational by mid-2026 [9]. Capacity Expansion and Future Outlook - The company plans to expand its production capacity to 25.5 GWh by the end of 2024 and aims for a total capacity of 50.5 GWh by the end of 2026 [11]. - Zhengli New Energy is also exploring international markets, having established partnerships for exporting its products to regions including Hong Kong, India, and Europe [11][12].

Core Viewpoint - The company has reported significant growth in its main business of power battery sales, achieving a revenue of 3.172 billion yuan in the first half of the year, a year-on-year increase of over 71.9%, and successfully turning a profit with a net profit of 220 million yuan, an increase of 350 million yuan compared to the previous year [1][2]. Group 1: Financial Performance - The company achieved a revenue of 3.172 billion yuan in the first half of the year, with a year-on-year growth of over 71.9% [1]. - The gross profit margin reached 17.9%, placing the company among the top tier in the industry [1]. - The net profit for the first half of the year was 220 million yuan, a significant increase of 350 million yuan year-on-year, marking a turnaround from losses [1][2]. Group 2: Business Growth and Market Position - The installed capacity of power batteries reached 7.83 GWh in the first half of the year, with a year-on-year increase of over 99.24%, and the passenger car shipment volume was 7.63 GWh, up 110.77% year-on-year [1]. - The company ranked 7th in domestic passenger car power battery installed capacity and 6th in June alone [1]. - The company has established extensive cooperation with leading automotive manufacturers, including FAW Hongqi, Leap Motor, and SAIC [1][2]. Group 3: Product Development and Innovation - The company has launched its second-generation "three highs and one fast" aviation power battery, achieving mass production and delivery for fixed-wing manned electric aircraft [3]. - The company is advancing research in solid-state batteries, lithium metal batteries, sodium-ion batteries, and fast-charging batteries, with solid-state battery pilot lines expected to be operational by mid-next year [4]. Group 4: Capacity Expansion - The company is expanding its production capacity based on market demand, with a new 25 GWh automotive power lithium battery project in Jiangsu, which is set to begin production in the fourth quarter of this year [5]. - The new production line will utilize a flexible, intelligent manufacturing system to meet the growing order demands [5]. Group 5: Future Outlook - The company aims to continue developing a high-quality product portfolio across various scenarios, expand its customer base, and explore cutting-edge technologies to accelerate product iteration [6].

Core Viewpoint - The growth in demand for electric vehicles is driving an increase in sales of power batteries, particularly in the passenger car segment, with the company experiencing a supply-demand imbalance [1] Group 1: Company Performance - The company reported a total shipment volume of 7.8 GWh in the first half of the year, representing a year-on-year increase of 99.2%, with passenger car battery shipments reaching 7.63 GWh, up 110.8% [1] - The company achieved operating revenue of 3.172 billion yuan, a year-on-year growth of 71.9%, and a net profit of 220 million yuan, an increase of 350 million yuan year-on-year [1] - The gross profit margin improved to 17.9%, an increase of 8 percentage points compared to the same period last year [1] Group 2: Production Capacity and Market Position - The company is currently in a supply-demand imbalance and plans to expand production capacity steadily, targeting 25.5 GWh by the end of 2024 and 35.5 GWh by the end of 2025, with a long-term goal of reaching 50.5 GWh by the end of 2026 [2] - The company ranks ninth in the industry for total power battery installation and seventh for passenger car battery installation, with a rise to sixth place in domestic rankings for passenger car battery installation in June [1][2] Group 3: Strategic Partnerships and Innovations - The company has established extensive collaborations with leading enterprises such as FAW Hongqi, Leap Motor, and SAIC Motor, and has secured new project designations from Volkswagen China [2] - The company is also expanding into the aviation battery sector, collaborating with Liaoning Tonghang and Hefei Zero Gravity Industry, with potential applications in various electric aircraft and humanoid robots [3] - The company is advancing in cutting-edge technologies, including solid-state batteries, lithium metal batteries, sodium-ion batteries, and fast-charging batteries, with a pilot line for sulfide solid-state batteries expected to be operational in the first half of next year [3]

Core Insights - The company reported a significant increase in revenue, gross profit, and net profit for the first half of 2025, indicating strong growth in its operations [1] - The company's battery sales revenue and shipment volume both exceeded 80% growth year-on-year, reflecting its strong position in the new energy vehicle market [1] - The company is expanding its production capacity significantly, with new factories set to enhance its output and efficiency [2] Financial Performance - Revenue for the six months ending June 30, 2025, was RMB 3.172 billion, a year-on-year increase of 71.9% [1] - Gross profit reached RMB 569 million, up 210.5% year-on-year [1] - Net profit was RMB 220 million, an increase of RMB 350 million compared to the previous year [1] - Basic and diluted earnings per share were RMB 0.09 [1] - Cash and cash equivalents stood at RMB 2.549 billion as of June 30, 2025 [1] Battery Business Growth - Sales revenue from the battery business was RMB 2.985 billion, with a shipment volume of 7.63 GWh, both showing over 80% year-on-year growth [1] - The company has improved its industry ranking and market share in the new energy passenger vehicle sector [1] - Growth in the battery business is attributed to the mass production of several designated models [1] Production Capacity Expansion - Current production capacity is 25.5 GWh, with a new factory set to begin operations in Q4 this year, adding approximately 10 GWh of annual capacity [2] - A second phase of the new factory is expected to be operational by the end of 2026, adding another 15 GWh, leading to a total capacity of 50.5 GWh [2] - The new production lines will feature advanced technology and equipment aimed at reducing energy consumption and carbon emissions while enhancing automation and intelligence in production [2] - The expanded 10 GWh capacity has already secured additional coverage from major industry clients [2]

Performance Summary - SF Holding reported a revenue of 146.858 billion yuan, a year-on-year increase of 9.26%, and a net profit of 5.738 billion yuan, up 19.37% year-on-year [2] - Shanghai Pharmaceuticals achieved a revenue of 141.593 billion yuan, a growth of 1.56%, with a net profit of 4.459 billion yuan, increasing by 51.56% [2] - New China Life Insurance's revenue reached 69.429 billion yuan, a 25.5% increase, and a net profit of 14.799 billion yuan, up 33.5% [2] - Huadian International Power's revenue was 59.953 billion yuan, down 8.98%, while net profit increased by 13.15% to 3.904 billion yuan [2] - China Pacific Insurance reported a revenue of 55.964 billion yuan, a slight increase of 0.2%, and a net profit of 6.764 billion yuan, up 12.2% [2] - CITIC Securities had a revenue of 46.552 billion yuan, a 16.28% increase, and a net profit of 13.719 billion yuan, up 29.79% [2] - Beijing Enterprises Holdings reported a revenue of 44.529 billion yuan, a 5.2% increase, and a net profit of 3.404 billion yuan, up 8.1% [2] - Li Auto's vehicle sales revenue for Q2 2025 was 28.9 billion yuan, down 4.7%, with a net profit of 1.093 billion yuan, a decrease of 0.9% [2] - Huishang Bank reported a revenue of 21.157 billion yuan, a 2.25% increase, and a net profit of 9.109 billion yuan, up 5.55% [2] - SMIC achieved a revenue of 4.456 billion USD, a 22% increase, with a net profit of 320 million USD, up 35.6% [2] - China Galaxy Securities reported a total revenue of 18.798 billion yuan, an 18.92% increase, and a net profit of 6.488 billion yuan, up 47.86% [2] - Zhongjun Group Holdings had a revenue of 18.521 billion yuan, down 25.4%, with a net loss of 3.48 billion yuan, a narrowing of 5.5% [2] - BeiGene reported a revenue of 2.433 billion USD, a 44.7% increase, and a net profit of 95.59 million USD, turning from a loss of 372 million USD [2] - SF Express City reported a revenue of 10.236 billion yuan, up 48.8%, and a net profit of 137 million yuan, up 120.4% [2] - China Shipbuilding Defense reported a revenue of 10.173 billion yuan, a 16.54% increase, and a net profit of 526 million yuan, up 258.46% [2] - Qingdao Port reported a revenue of 9.434 billion yuan, a 4.04% increase, and a net profit of 2.842 billion yuan, up 7.58% [2] - Shanghai Industrial Holdings reported a revenue of 9.476 billion yuan, down 8.6%, and a net profit of 1.042 billion yuan, down 13.2% [2] - Everbright Securities reported a revenue of 7.481 billion yuan, a 17.7% increase, and a net profit of 1.683 billion yuan, up 21% [2] - Baozun reported a revenue of 4.617 billion yuan, a 5.63% increase, with a net loss of 97.04 million yuan, narrowing [2] - Sichuan Chengyu Expressway reported a revenue of 4.08 billion yuan, down 23.3%, and a net profit of 838 million yuan, up 20.1% [2] - Baideli Holdings reported a revenue of approximately 3.813 billion yuan, down 10.9%, and a net profit of 7.1 million yuan, down 79.1% [2] - Tigermed reported a revenue of 3.25 billion yuan, down 3.21%, and a net profit of 383 million yuan, down 22.22% [2] - Zhengli New Energy reported a revenue of 3.172 billion yuan, a 71.9% increase, and a net profit of 220 million yuan, turning from a loss of 130 million yuan [2] - Sensong International reported a revenue of 2.687 billion yuan, down 22.7%, and a net profit of 338 million yuan, down 10.15% [2] - Dasheng Holdings reported a revenue of approximately 2.593 billion yuan, a 27% increase, and a net profit of 65.924 million yuan, up 504.4% [2] - SenseTime reported a revenue of 2.358 billion yuan, a 35.6% increase, with a gross profit of 908 million yuan, up 18.4%, and an adjusted net loss of 1.162 billion yuan, narrowing by 50% [2] - Ruian Real Estate reported a revenue of 2.074 billion yuan, flat year-on-year, with a net profit of 51 million yuan, down 29.2% [2] - Shangri-La Asia reported a revenue of 1.056 billion USD, a 0.7% increase, and a net profit of 57.9 million USD, down 38.7% [2] - Quanfeng Holdings reported a revenue of 912 million USD, an 11.9% increase, and a net profit of 95.217 million USD, up 54.8% [2] - COSCO Shipping Ports reported a revenue of 806 million USD, a 13.6% increase, and a net profit of approximately 182 million USD, up 30.6% [2] - Tianjin Development reported a revenue of 1.719 billion yuan, down 5.59%, and a net profit of 344 million yuan, up 19.57% [2] Company News - Sillodic Pharmaceuticals successfully administered the new radiolabeled drug 3D1015 to patients with PSMA-positive metastatic castration-resistant prostate cancer, demonstrating safety and preliminary efficacy [2] - Shoucheng Holdings signed a strategic cooperation framework agreement with Alter and Alrite to jointly promote breakthroughs in robotics technology, scene implementation, and industrial chain collaboration [2]

Core Insights - The company reported a revenue of RMB 3.172 billion for the six months ending June 30, 2025, representing a year-on-year increase of 71.9% [1] - Shareholder profit reached RMB 220 million, marking a turnaround from a loss to profit [1] - Earnings per share stood at RMB 0.09 [1] Revenue Breakdown - The sales revenue from the power battery business amounted to RMB 2.985 billion, with a shipment volume of 7.63 GWh, both showing over 80% year-on-year growth [1] - The company is actively expanding in the new energy passenger vehicle market, with improvements in battery installation volume ranking and market share [1] Market Position - According to the China Automotive Power Battery Industry Innovation Alliance, the company ranked 7th in battery installation volume for new energy passenger vehicles from January to June 2025 [1] - In June 2025, the company's monthly ranking for battery installation volume in new energy passenger vehicles rose to 6th place nationwide [1]

智通财经APP讯，正力新能(03677)发布截至2025年6月30日止6个月中期业绩，集团收入人民币31.72亿 元，同比增长71.9%;股东应占溢利2.2亿元，同比扭亏为盈;每股盈利0.09元。 2025年上半年，公司动力电池业务销售收入为29.85亿元，出货量为7.63GWh，销售收入和出货量同比 增长均超过80%。公司在新能源乘用车市场持续发力，电池装机量行业排名和市场份额均有所提升。根 据中国汽车动力电池产业创新联盟的数据，2025年1-6月，公司在新能源乘用车装机量排名第7名，其中 6月份新能源乘用车装机量的单月排名已上升至全国第6名。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不會就本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Jiangsu Zenergy Battery Technologies Group Co., Ltd. 江蘇正力新能電池技術股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3677） 截至2025年6月30日止六個月中期業績公告 財務摘要 截至2025年6月30日止六個月 江蘇正力新能電池技術股份有限公司（「本公司」）董事會（「董事會」）謹此公佈本 公司及其子公司（「本集團」或「我們」）截至2025年6月30日止六個月之未經審計綜 合中期業績，連同2024年相應期間的比較數字。該等中期業績乃摘錄自本公司未 經審計中期財務報表，且已由審核委員會審閱。 1 • 本集團的收入為人民幣3,172.0百萬元，同比增長71.9%。 • 本集團的毛利為人民幣568.7百萬元，同比增長210.5%。 • 本集團的淨利潤為人民幣220.4百萬元，同比增加人民幣350.4百萬元。 • 本公司期內每股基 ...

Core Viewpoint - 正力新能 has been selected by Hang Seng Indexes Company to be included in multiple indices effective from September 8, 2025, indicating market recognition of the company's business performance and growth prospects [1] Group 1: Index Inclusion - 正力新能 will be included in the following indices: Hang Seng Composite Index, Hang Seng Composite Industry Index - Industrial, Hang Seng Composite Small Cap Index, Hang Seng Small Cap (Investable) Index, Hang Seng Automotive Theme Index, and several others related to Hong Kong Stock Connect [1] - The inclusion in these indices is expected to enhance the company's shareholder base and improve the liquidity of its shares [1] Group 2: Market Recognition - The board believes that being included in these indices signifies a positive affirmation from the capital market regarding the company's business performance and growth outlook [1] - The company anticipates that this inclusion will further enhance its reputation in the capital market and increase brand awareness [1]

正力新能(03677)发布公告，公司已获恒生指数有限公司选中并将纳入为下列指数的成份股，自2025年9 月8日起生效。 1.恒生综合指数;2.恒生综合行业指数-工业;3.恒生综合中小型股指数;4.恒生综合小型股指数;5.恒生小型 股(可投资)指数;6.恒生汽车主题指数;7.恒生港股通指数;8.恒生港股通中小型股指数;9.恒生港股通小型股 指数;10.恒生港股通汽车主题指数;11.恒生港股通原材料及工业指数;12.恒生港股通原材料及工业(可投 资)指数;及13.恒生港股通中国内地公司指数。 董事会认为，公司获纳入有关指数象征着资本市场对于集团业务表现及增长前景的肯定。董事会相信， 获纳入有关指数将有助加快扩大集团股东基础及提高公司股份的交易流通性，并进一步提高公司在资本 市场上的声誉及集团的品牌知名度。 ...