ZENERGY issues positive profit alert, projects 1H26 net profit of RMB320–400 million, up 45.5%–81.8% YoY

Bulletin Express
08/07

Jiangsu Zenergy Battery Technologies Group Co., Ltd. (ZENERGY) expects to report a net profit of approximately RMB320.00 million to RMB400.00 million for the six months ended 30 June 2026, according to a preliminary review of unaudited management accounts disclosed in its inside information announcement. This represents year-on-year growth of about 45.5%–81.8% versus the RMB220.00 million posted in the same period of 2025.

Management attributes the earnings improvement to two main factors:

1. Capacity ramp-up and higher utilisation – Newly commissioned production lines and improved utilisation rates lifted shipment volumes for both electric-vehicle (EV) batteries and energy-storage batteries, with the latter category recording particularly strong growth. The sales surge translated into a significant increase in revenue relative to the prior-year period.

2. Operating leverage – As economies of scale took hold and cost-discipline measures intensified, the Group’s expense ratio declined markedly, bolstering profitability.

The figures are based on internal, unaudited data and have neither been audited nor reviewed by the external auditor or the Board’s audit committee. Finalised interim results for the period will be released by end-August 2026.

Shareholders and potential investors are advised to exercise caution when dealing in ZENERGY’s shares until the official interim results are published.

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