On April 28, Haibo Sichuang disclosed the first quarter report of 2026 and the annual report of 2025. In the first quarter of 2026, Haibo Sichuang realized revenue of 2.369 billion yuan, an increase of 53.06% over the previous year, and net profit of 204 million yuan, an increase of 117%.
In 2025, Haibo Sichuang achieved revenue of 11.6 billion yuan, an increase of 40.42% over the same period last year. Net profit of 950 million yuan, an increase of 46.83% over the same period.
Haibo Sichuang mentioned that the revenue growth was mainly due to the company's tight grasp of the domestic energy storage market, relying on the competitive advantages of market, technology and R & D accumulated over the years, occupying a higher market share in the domestic energy storage market, while accelerating the expansion of the global market.
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