SINOSYNERGY (09663) announced its annual results for the period ending December 31, 2025. The group recorded revenue of 299.9 million yuan, a decrease of 32.22% compared to the previous year. The loss attributable to the company's owners was 484 million yuan, an increase of 18.81% year-on-year. The loss per share was 0.94 yuan.

The decrease in revenue was primarily due to the hydrogen fuel cell industry, in which the group operates, still being in the early stages of commercialization. Inadequate infrastructure development and the industry's ongoing transition from being "policy and demonstration-driven" to "commercial application-driven" have intensified market competition. This has led to lower market selling prices, resulting in reduced revenue. Additionally, facing pressures from both internal and external environments, the company has focused mainly on expanding new business application scenarios.