海辰储能港交所提交材料：2024年营收129亿，毛利率17.9%，产能49.7GWh

Core Viewpoint - The article discusses the listing application of Xiamen Haicheng Energy Storage Technology Co., Ltd. on the Hong Kong Stock Exchange, highlighting its rapid growth and strong market position in the energy storage sector. Group 1: Company Overview - Haicheng Energy Storage is a global leader in innovative energy technology, focusing on energy storage batteries and systems, and has established a comprehensive layout in research, production, sales, and service across key global markets [2][3]. - The company is the only one in the GWh-level lithium-ion battery shipment category that specializes in energy storage, ranking third in the global energy storage market in 2024 with a shipment volume of 35.1 GWh and a compound annual growth rate of 167% from 2022 to 2024 [2]. Group 2: Financial Performance - In 2024, Haicheng Energy Storage achieved total revenue of 12.917 billion yuan, with energy storage battery revenue at 7.96 billion yuan (61.6% of total revenue) and energy storage system revenue at 4.67 billion yuan (36.2% of total revenue) [5][6]. - The company reported a net profit of 287.6 million yuan in 2024, marking its first profitable year with a net profit margin of 2.2% [6]. - The gross profit for the years 2022, 2023, and 2024 was 410 million yuan, 1.238 billion yuan, and 2.309 billion yuan respectively, with gross margins of 11.3%, 12.1%, and 17.9% [5]. Group 3: Sales and Market Distribution - In 2024, Haicheng Energy Storage sold 28.3 GWh of energy storage batteries and 5.3 GWh of energy storage systems, with average selling prices of 0.3 yuan/Wh for batteries and 0.9 yuan/Wh for systems [10][11]. - The Chinese market accounted for 71.4% of the company's revenue, while overseas sales, primarily from the US and Europe, contributed 28.6% [5][7]. Group 4: Production Capacity and Product Offerings - The company's battery production capacity increased from 5.4 GWh in 2022 to 49.7 GWh in 2024, with a designed annual production capacity of 62 GWh by the end of 2024 [15]. - Haicheng Energy Storage offers a range of energy storage products, including lithium-ion batteries with various capacities and energy storage systems tailored for different applications, such as commercial, residential, and utility-scale solutions [13].