Core Insights - The company reported a total revenue of 1.643 billion yuan for the first half of 2025, representing a year-on-year growth of 31.71% [1] - The net profit attributable to shareholders was -55.15 million yuan, indicating a reduction in losses by approximately 40% compared to the same period last year [1] - The net cash flow from operating activities increased by 310.74% year-on-year [1] Business Overview - The company specializes in the research, development, production, and sales of digital energy technologies and products, including energy storage systems, high-voltage equipment, and integrated energy service solutions [1] - In the first half of the year, the company increased its R&D expenditure and launched new products such as the third-generation high-capacity energy storage system and a liquid-cooled integrated storage machine [1] Patent and Intellectual Property - As of June 30, 2025, the company holds 1,021 patents and software copyrights, including 138 invention patents and 397 utility model patents [2] - In the first half of 2025, the company added 15 authorized invention patents and 11 utility model patents [2] Energy Storage Business Growth - The energy storage equipment sales and system integration business generated revenue of 1.06 billion yuan in the first half of the year [2] - The independent energy storage station in Qingyuan achieved revenue of 117.25 million yuan and a net profit of 74.08 million yuan during the reporting period [2] Investment and Development Plans - The company has invested in multiple independent energy storage stations in Guangdong province, establishing a significant regional scale advantage [3] - The company is cautious about new large-scale independent energy storage station investments due to new provincial policies [3] New Energy Storage Industrial Park - The company completed the construction of the Zhiguang New Energy Storage Industrial Park, which aims to be a key project in Guangdong's new energy storage industry [4] - The industrial park covers 103 acres and has a total construction area of 155,000 square meters, with an annual production capacity exceeding 10 GWh [4] - The park is expected to generate an annual output value of approximately 5 billion yuan upon reaching full production capacity [4]