GUOXIA TECH (02655) has released a positive profit alert, indicating that the group expects to record revenue of approximately RMB 1.35 billion to RMB 1.45 billion for the first half of 2026, compared to approximately RMB 691.4 million in the same period of 2025.

Profit for the period is forecast to be between approximately RMB 55 million and RMB 65 million, a substantial increase from the approximately RMB 5.6 million reported in the corresponding period of 2025.

The board of directors attributed the anticipated growth in both revenue and profit to a significant increase in revenue from the group's energy storage system solutions business and EPC services. This growth was driven by the high prosperity of the global energy storage market, leading to a substantial year-on-year increase in the delivery volume of the group's energy storage systems and EPC projects.

Additionally, the release of economies of scale contributed to a year-on-year decrease in unit costs and expense ratios. The board also noted that net profit for the prior period was relatively low, partly due to the impact of listing expenses.