ZHIGUANG(SZ:002169) Zheng Quan Shi Bao Wang·2025-08-11 11:28Core Viewpoint - The company has signed a significant sales contract for energy storage systems, which is expected to positively impact its financial performance in the current and future years [1]. Group 1: Contract and Financial Impact - The company’s subsidiary signed a sales contract worth RMB 204 million for a 200MW/400MWh energy storage system [1]. - The contract is part of the company's main business, and successful execution is anticipated to enhance the company's financial status and operational performance [1]. - The company forecasts a net loss of RMB 45 million to RMB 60 million for the first half of the year, representing a reduction in losses of 33.50% to 50.13% compared to the previous year [1]. Group 2: Business Performance and Growth - Despite a decrease in overall revenue, the energy storage business saw a revenue increase of 15%, reaching RMB 1.063 billion, with a shipment volume of 3.6GWh and an order volume of 4.1GWh, reflecting over 200% growth [2]. - The company has developed large-scale energy storage systems with a maximum power of 25MW and efficiency exceeding 90%, which are utilized by major clients including State Grid and China Southern Power Grid [2]. Group 3: Investment Strategy and Market Expansion - The company has invested in several independent energy storage stations, becoming the largest in the province, and is cautious about new investments in large independent storage projects due to regional policy restrictions [3]. - The company is focusing on expanding its international market presence, particularly in Europe and Africa, and has established a representative office in Italy [3].