GCL NEWENERGY (00451) announced its interim results for the six months ended June 30, 2025. The group achieved revenue of RMB 654 million, representing a year-on-year increase of 31.75%. Gross profit reached RMB 75.251 million, up 7.15% compared to the same period last year. The company recorded a loss attributable to owners of RMB 348 million, with loss per share of 23.42 cents.

Over the years, GCL NEWENERGY has actively adapted to industry transformation and market trends, proactively embracing strategic and business structural adjustments during industry cycles, successfully achieving transformation from a "heavy asset" to "light asset" model. This successful transformation path of "traveling light" relies on the company's deep expertise in the new energy sector and has built a growth moat that can weather cycles through business diversification.

The company is deeply implementing its strategic layout centered on the "solar + natural gas" dual main businesses, actively participating in the service output of clean energy and green energy industry chains. As of June 30, 2025, the company's asset-liability ratio stood at 27%, with relatively stable financial conditions, providing solid financial support for subsequent natural gas business expansion and investment.