Risen Energy(SZ:300118) Quan Jing Wang·2025-10-16 06:58Core Insights - The 138th China Import and Export Fair (Canton Fair) has commenced, showcasing global trade and serving as a barometer for China's foreign trade, with Dongfang Risheng (300118.SZ) presenting its integrated smart energy solutions in the renewable energy sector [1] Product Offerings - Dongfang Risheng's products cater to various scenarios, including residential and large commercial applications, with the Sunease series home energy storage system being a highlight, featuring two 5kWh battery pack options that can expand up to 50kWh [2] - The system includes a Barq series hybrid inverter, supporting multiple energy sources and real-time monitoring of energy flow, ensuring safety and durability with a battery management system (BMS) and a cycle life of 6000 times [2] - For large commercial energy storage needs, the iCon 100kW/215kWh liquid-cooled energy storage unit simplifies installation and maintenance, ensuring reliable operation in harsh environments and supporting dynamic expansion [3] Business Performance - In the first half of 2025, the company's energy storage systems, lighting, and auxiliary photovoltaic products generated revenue of 480 million yuan, reflecting a year-on-year growth of 0.3% [3] - The energy storage system integration business primarily targets the European and American markets, maintaining a global record of zero safety incidents, which enhances product reliability and service capability [3] Technological Development - Dongfang Risheng's subsidiary, Ningbo Shuangyili, supports the energy storage business with a full range of self-developed solutions, covering BMS, PCS, EMS, and integrated systems [4] - The company has achieved significant results in various applications, including replacing traditional power plants with renewable energy sources and constructing microgrids, with large-scale projects primarily in developed countries [4] Strategic Initiatives - The company is promoting the synergy between energy storage and photovoltaic businesses, leveraging integrated solutions to expand distributed photovoltaic power station operations [5] - Participation in the Canton Fair has opened new collaboration opportunities, enhancing connections with overseas clients and partners, particularly in regions like Latin America, Australia, and Southeast Asia [5] - Dongfang Risheng aims to empower energy transformation with green technology, continuously innovating in energy storage technology and products to contribute to global sustainable development [5]