SANXING(SH:601567) Sou Hu Cai Jing·2025-12-26 08:03Core Viewpoint - The company is focusing on its "globalization and new energy" strategy, with ongoing developments in overseas markets and new energy business segments [1] Group 1: New Energy Strategy - The company’s new energy products include photovoltaic transformers, charging piles, inverters, and energy storage solutions [1] - The photovoltaic transformer has received domestic first-set certification, while the charging pile business secured its first European order in Sweden worth 124 million yuan [1] - The inverter business has made continuous breakthroughs in the Brazilian market, and energy storage products include low-voltage home storage solutions ranging from 5-16 kWh and high-voltage stacked battery packs [1] Group 2: Order Status - As of the end of Q3 2025, the company has a total order backlog of 17.914 billion yuan, representing a year-on-year increase of 14.69% [1] - The overseas distribution order backlog stands at 2.169 billion yuan, showing a significant year-on-year growth of 125.45% [1] Group 3: Product Development - The company is developing intelligent management platforms that integrate self-developed Battery Management Systems (BMS) and Energy Management Systems (EMS), along with AI diagnostics to enhance operational efficiency and energy generation [1]