协鑫能科前三季度实现净利7.62亿元 同比增长25.78%

Core Insights - GCL-Poly Energy Technology Co., Ltd. (GCL-Poly) reported a revenue of 7.935 billion yuan for the first three quarters of 2025, marking a year-on-year increase of 5.07% [1] - The net profit attributable to shareholders reached 762 million yuan, reflecting a year-on-year growth of 25.78% [1] - The company achieved a non-recurring net profit of 677 million yuan, which is a significant increase of 46.39% year-on-year [1] Financial Performance - In Q3 2025, GCL-Poly's net profit attributable to shareholders was 243 million yuan, up 24.43% year-on-year [1] - The non-recurring net profit for the same quarter was 213 million yuan, showing a year-on-year increase of 14.37% [1] Business Development - GCL-Poly's growth is primarily driven by the rolling development of distributed photovoltaic and other renewable energy projects, alongside the expansion of energy service businesses such as electricity sales, green electricity, and virtual power plants [1] - The company has optimized the operational efficiency of its existing wind and cogeneration plants, contributing to year-on-year performance improvement [1] Strategic Focus - GCL-Poly is concentrating on two core areas: energy-saving services and trading services, achieving significant scale breakthroughs [2] - In the energy-saving sector, the company has developed distributed photovoltaic projects under the "Xing Zero Carbon" and "Xing Sunshine" brands, with a total installed capacity of 1,910.54 MW as of September 30 [2] Trading Services Expansion - GCL-Poly has enhanced its energy asset management and trading services, managing a total electricity sales volume of approximately 24.123 billion kWh and green electricity transactions of 786 million kWh in the first three quarters of 2025 [2] - The company has successfully expanded its virtual power plant business across multiple provinces, with an adjustable load capacity of 835 MW as of September 30 [2] - GCL-Poly holds a leading position in the auxiliary service market in Jiangsu, with approximately 35% of the market share in adjustable load [2]