ZENERGY (03677) opened more than 5% higher following a positive profit alert, with shares rising 5.29% to HK$6.175 as of the time of writing, on a turnover of HK$2.097 million.

On August 7, ZENERGY announced that the group expects to record a net profit of approximately RMB 320 million to RMB 400 million for the six months ending June 30, 2026 (the reporting period), representing an increase of about 45.5% to 81.8% compared to the net profit of RMB 220 million in the same period last year.

Based on currently available information, the board believes the main reasons for the performance change during the reporting period include: the gradual release of new production capacity, coupled with a further improvement in capacity utilization year-on-year; significant growth in shipments of both power batteries and energy storage battery products compared to the same period last year, with energy storage product shipments achieving a leap; driving a notable increase in the group's sales revenue versus the prior year; and as the scale effect gradually emerges and expense control continues to strengthen, the group's expense ratio for the reporting period has declined significantly year-on-year.