Core Viewpoint - The company, Huabao New Energy, reported a 132.30% year-on-year increase in revenue from the European market for the first three quarters of 2025, driven by two key factors [1] Group 1: Revenue Growth - The significant revenue growth is attributed to the transition from an inventory destocking phase to a demand release phase in the European consumer-level energy storage market, which laid the foundation for overall industry growth [1] - The company's revenue doubled due to its comprehensive channel layout in the European market, which includes an independent website, third-party e-commerce, and offline retail [1] Group 2: Market Dynamics - The recovery of dynamic sales rhythms in distributor channels contributed to the market's shift towards increased demand [1] - The company effectively matched local demand with its product resources, allowing it to quickly capture the incremental demand following the market recovery [1]
华宝新能(301327.SZ)：2025年前三季度公司欧洲市场营业收入同比增长132.30%