Triumph New Energy Company Limited (Stock Code: 01108) disclosed its unaudited third quarterly report for 2025. During the three-month period ended 30 September 2025, operating revenue rose to RMB1,003.38 million, representing a 40.15% increase year on year. The corresponding net loss attributable to shareholders stood at RMB147.28 million, marking a 23.50% improvement compared with the same period of the previous year.

From January to September 2025, the company recorded an operating revenue of RMB2,676.77 million, falling 27.55% compared with the same period last year, while the net loss attributable to shareholders widened significantly to RMB596.26 million. Total assets reached RMB13,564.04 million, a 10.23% increase from the end of the previous year, whereas owners’ equity attributable to shareholders decreased 14.84% to RMB3,420.96 million. Net cash outflow from operating activities for the first three quarters totaled RMB735.81 million, highlighting a considerable deficit during the period.