SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 01, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) completed all regulatory processes to change the company’s ticker symbol from ALYI to MBAK on the OTCID market. This change became effective on 28 November 2025 where the company is now listed as OTC:MBAK. MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The comp ...

Group 1 - MBAK Energy Solutions, Inc. reported $2.1 million in new revenue for Q3 2025, marking a $1.9 million increase compared to Q3 2024 [1] - The revenue growth reflects the positive impact of the company's new management and business focus [1] Group 2 - The company is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products [2] - MBAK Energy Solutions has expertise in designing and producing lithium, sodium, and solid-state batteries for various applications, including industrial, medical, portable electronics, and electric vehicles [2]

Company Performance - MBAK Energy Solutions, Inc. reported $2.1 million in new revenue for Q3 2025, marking a $1.9 million increase compared to Q3 2024 [1] - The revenue growth reflects the positive impact of the company's new management and business focus [1] Company Overview - MBAK Energy Solutions, Inc. is involved in the development, manufacturing, and commercialization of non-fossil fuel energy products [2] - The company specializes in the design and production of lithium, sodium, and solid-state batteries for various applications, including industrial, medical, portable electronics, and electric vehicles (EV) [2]