Highpower Technology Sees Robust Order Book and Full Production Capacity as Energy Storage Becomes Its Second Growth Engine

Deep News
07/23

Shenzhen Highpower Technology Co.,Ltd. stated during an investor survey on July 23 that its energy storage business, serving as the company's second growth driver, is currently experiencing full-capacity production across all lines due to robust downstream demand and a substantial backlog of orders.

In terms of order visibility, the company is concentrating on high-growth segments such as residential energy storage, balcony energy storage, and commercial and industrial energy storage. Strong overseas demand, particularly from the European residential storage market, continues to be robust. This is further supported by China's "15th Five-Year Plan" target of 300 GW of new energy storage installations by 2030, ensuring solid order visibility and sustainability over the next 2-3 years. Future order acquisition remains subject to factors including industry demand, market competition, customer expansion, and the broader macroeconomic environment.

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