Hiconics(SZ:300048) Zhong Zheng Wang·2025-10-26 07:10Core Viewpoint - Midea Group's subsidiary, Hakon New Energy, reported significant growth in revenue and net profit for the first three quarters of 2025, indicating a robust business performance and successful project acquisitions in the renewable energy sector [1] Financial Performance - Hakon New Energy achieved a revenue of 6.181 billion yuan, representing a year-on-year increase of 98.61% [1] - The net profit attributable to shareholders reached 73.9959 million yuan, showing a remarkable year-on-year growth of 584.40% [1] - In Q3 alone, the company recorded a revenue growth of 20.08% and a net profit increase of 24.18% compared to the same quarter last year [1] Business Developments - The company secured multiple orders in the high-voltage frequency conversion business related to nuclear power projects [1] - Hakon New Energy participated in the world's first "dual-tower single machine" solar thermal storage power station project, enhancing its product and technology recognition [1] - The company completed its first batch of green certificate applications and green electricity transactions, indicating progress in its photovoltaic EPC platform transformation [1] Product Innovations - Since June, the company has ramped up production of its first-generation overseas household energy storage products, with installations delivered in Europe and Australia during Q3 [1] - New products, including the second-generation household energy storage integrated machine and split machine series, are expected to be launched in Q4 [1]