12, Haibo Sichuang announced that the company had signed the Strategic Cooperation Agreement with Ningde Times, involving a cooperation period of up to 10 years.

The agreement shows that during the cooperation period from January 1, 2026 to December 31, 2035, Haibo Sichuang will purchase and use Ningde era battery products (battery products, system products).
The agreement stipulates that both parties shall sign a separate Dimensional/Framework Purchase Agreement to clarify product specifications, price mechanism, delivery cycle and quality standards. The annual procurement quantity shall be subject to the Dimensional/Framework Procurement Agreement separately signed by both parties. At the end of each year (before December 1), the two parties shall update the cooperation objectives for the next three years on a rolling basis and sign a memorandum of cooperation for the corresponding period of time to confirm it.
Among them, from January 1, 2026 to December 31, 2028, the total amount of electricity purchased by the company is not less than 200 GWh , and Ningde Times ensures the supply according to the company's demand outline.
Haibo Sichuang said that the two sides will integrate their core advantages in their respective fields and actively explore business model innovation, including but not limited to the establishment of industrial funds for energy storage projects, and build an integrated management platform for development, investment, operation, maintenance and so on. As well as the two sides jointly cooperate in the procurement of parts and components of AC side system products, to achieve supply chain collaboration, promote efficient allocation of resources and win-win situation, and mutual benefit.
As a leading enterprise in the field of energy storage integration in China, Haibo Sichuang was founded in 2011 and successfully listed in January 2025. In recent years, the Company has focused on the development of its core business, gradually divested its power battery and new energy vehicle rental business, concentrated its resources in the field of energy storage, and has built a full-scene application layout covering large storage, industrial and commercial storage, household storage and multi-load terminals. According to the data of
the company's third quarterly report in 2025, the company realized 7.912 billion yuan in business income in the first three quarters, an increase of 52.23% over the previous year, and 622 million yuan in net profit attributable to shareholders of listed companies, an increase of 98.65% over the previous year. Among them, in the third quarter, the company realized operating income of 3.39 billion yuan, an increase of 124.42% over the previous year, and realized net profit attributable to shareholders of listed companies of 307 million yuan, an increase of 872.24% over the previous year.
The company said that the reason for the substantial increase in performance was that the company seized the historical opportunity of the rapid development of the domestic energy storage market, relying on the competitive advantages of the market, technology and R & D accumulated over the years, occupied a higher market share in the domestic energy storage market, while accelerating the expansion of the global market, the company's operating income showed a rapid growth trend.
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