9, Shuangjie Electric announced that due to significant changes in overseas market environment, policies and project implementation conditions, in order to prudently guard against overseas investment risks and optimize the allocation of resources, the board of directors of the company finally decided to cancel the previously formulated foreign investment plan, and the board of directors of Shuangjie Electric Co., Ltd. That is to say, a 100MW photovoltaic power generation project will be built in Aravan District, Osh Oblast, Kyrgyz Republic.
At the same time, the company authorized the management to handle overseas investment filing for the wholly-owned subsidiary in Hong Kong to carry out overseas trade and other investment business. The purpose of this action is to ensure the compliance operation of overseas business, enhance the company's sustainability and comprehensive competitiveness, broaden overseas market channels and optimize the allocation of resources. On August 25,
2025, the board of directors of Shuangjie Electric decided to set up a wholly-owned subsidiary, Shuangjie Hong Kong Co., Ltd. in Hong Kong and directly or indirectly invest in the 100MW photovoltaic power generation project in Aravan District, Osh State, Kyrgyz Republic. On the evening of April
9, Shuangjie Electric released its annual performance report for 2025. In 2025, the company promoted the two-wheel drive development strategy of "Intelligent Electric + New Energy", actively increased strategic market layout and forward-looking investment, and achieved business income of 4.835 billion yuan, an increase of 39.23% over the previous year; Benefiting from the release of investment layout results, the company realized a net profit of 185 million yuan attributable to shareholders of listed companies, an increase of 129.41% over the same period last year.
As a high-tech enterprise that has been deeply engaged in the power industry for more than 20 years, Shuangjie Electric has continuously expanded the layout of the whole industry chain of new energy with intelligent electrical equipment as its business cornerstone, and has formed two major collaborative business systems, namely, intelligent electrical manufacturing and integrated energy services of new energy. Products and services cover core scenarios such as transmission and distribution, wind and solar storage and charging, and integration of source, network, load and storage .
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