Xinte Energy's stock surged 8.99% during intraday trading on Wednesday, marking a significant upward movement for the renewable energy company.
The sharp rise follows the company's latest financial report, which showed a substantial improvement in its bottom line. Xinte Energy recorded an attributable loss of 1.21 billion yuan for 2025, a significant narrowing from the 3.90 billion yuan loss reported a year earlier, despite a 28% year-on-year decline in revenue.