Chang Jiang Shang Bao·2025-11-07 00:01Core Viewpoint - Guoneng Rixin plans to establish a joint venture with Dongfang Yuanglin's subsidiary to develop a storage-related company, aiming to expand market opportunities and create new profit growth points [1][2][3]. Joint Venture Details - Guoneng Rixin and Dongfang Xinneng will jointly invest in establishing Dongfang Xinneng (Beijing) Energy Storage Industry Development Co., Ltd. with a registered capital of 400 million yuan, where Guoneng Rixin will contribute 160 million yuan, accounting for 40% [2]. - Dongfang Xinneng will manage the financing and operations of the joint venture and its project companies, while Guoneng Rixin will provide feasibility and economic assessments for renewable energy projects [2][3]. Strategic Focus - The investment aligns with Guoneng Rixin's strategic development plans, leveraging Dongfang Xinneng's advantages in renewable asset development and Guoneng Rixin's expertise in asset operation services to explore new business models [3]. Performance Growth - In the first half of 2025, Guoneng Rixin's service scale increased significantly, with a net addition of 1,116 power stations, surpassing historical levels [1][4]. - The company reported a revenue of 205 million yuan from its renewable energy power forecasting products, accounting for 63.96% of total revenue, indicating strong downstream demand [4]. Financial Results - For the first three quarters of 2025, Guoneng Rixin achieved a revenue of 500 million yuan, a year-on-year increase of 36.97%, and a net profit of approximately 75.43 million yuan, up 41.75% [5]. - The company improved cost management, with reductions in sales, management, and R&D expense ratios compared to the previous year [5].