GUOXIA TECH (02655), a global leader in AI energy storage and a pioneer in AI robot safety, announced its full-year 2025 results after the market close on March 20, 2026. Both revenue and profit surged significantly, far exceeding expectations. The company's revenue exploded from RMB 142 million for the full year 2022 to RMB 2.057 billion for the full year 2025, achieving nearly 15-fold compound high growth. GUOXIA TECH has officially entered a high-growth era defined by its "Energy Storage as Token" strategy, making the company highly anticipated for 2026.

1. Results Exceed Expectations, Core Metrics Double The company achieved annual revenue of RMB 2.057 billion, a sharp increase of 100.6% year-over-year. Annual profit reached RMB 103 million, rising 109.5%. All core financial indicators doubled, significantly outperforming the industry average. Amid intensifying global competition in the energy storage market, GUOXIA TECH has consolidated its leading position in traditional energy storage through its full-industry-chain layout and technological innovation. It has also strategically positioned itself in the new high-growth arena of AI computing power storage, embarking on a new chapter of dual-engine growth driven by both "Storage + Computing."

2. Core Storage Business Flourishes, Global Strategy Shows Results The explosive performance was primarily driven by the comprehensive success of its core energy storage business. As a key player in China's energy storage sector, the company focuses on core activities including energy storage product and system manufacturing and EPC services, with products covering large-scale, commercial & industrial, and residential storage scenarios. In 2025, revenue from energy storage system solutions reached RMB 1.814 billion, up 80.8% year-over-year, accounting for 88.1% of total revenue and solidifying its role as the primary revenue pillar. This success stems from the resonance between the explosive growth of the global energy storage market and the company's precise market strategy: deepening its large-scale energy storage power station strategy domestically and achieving batch deliveries for large-scale independent power plants overseas. Revenue from key regions like Europe and Africa grew 23.7% and 183.0% year-over-year respectively, demonstrating significant results from its global expansion.

3. Capacity Expansion and Technology Upgrade Drive Margin Growth Capacity expansion and technological innovation provided solid support for the performance growth. In 2025, the company's annual energy storage system production capacity leaped from 1.56 GWh in 2024 to 4.80 GWh, a 207.5% increase, ensuring delivery capability for GWh-scale projects. More notably, while the industry generally faced pressure from raw material price fluctuations, the company achieved a gross margin increase from 15.1% to 18.6%, demonstrating strong cost control capabilities. Technologically, driven by AI, the company's self-developed vertical large language model integrates techniques like Mixture-of-Experts routing and time-series forecasting, upgrading energy storage system safety management from passive monitoring to active prediction. Its AI algorithms are deeply integrated into hardware and platform architecture, enabling real-time response to electricity price fluctuations and grid dispatch demands to maximize energy utilization efficiency.

4. Explosive EPC Service Growth and Diversified Business Development The explosive growth of EPC services became a highlight of the results. In 2025, EPC service revenue reached RMB 174 million, a surge of 789.8% year-over-year, primarily benefiting from increased large-project reserves and enhanced execution capabilities. The company employs an integrated "Design + Procurement + Construction" service model, providing customized solutions for commercial, industrial, and large-scale storage projects. By accurately measuring service progress using the input method, it has secured a position in the renewable energy EPC market. Furthermore, revenue from other businesses grew 2463.6% year-over-year, forming a positive pattern of synergistic development across diversified operations.

5. Listing Empowerment and High Growth Trajectory The public listing injected new momentum into the company's development. GUOXIA TECH's H-shares commenced trading on the Main Board of the Hong Kong Stock Exchange on December 16, 2025, marking the highest-growth IPO on the Hong Kong market in nearly three years. The company's revenue grew from RMB 142 million in 2022, to RMB 314 million in 2023, RMB 1.026 billion in 2024, and exploded to RMB 2.057 billion in 2025, achieving nearly 15-fold compound high growth over four years. With the explosive growth of "Energy Storage as Token" AI computing demand in 2026, GUOXIA TECH has successfully built a defensive moat for the AI computing era. Amid the constant hum of Tokens generated in computing factories, the company is anchoring its future growth trajectory, prompting global capital to redefine the value potential of AI infrastructure.

6. Strategic Foresight in AI Computing Storage Opens New Frontier Leveraging its full-industry-chain technical expertise, production capacity advantages, and global channel layout from its traditional storage business, the company has accurately identified new storage demands driven by the exponential growth of AI computing power. While its traditional business advances robustly, a new growth pole with even greater potential has emerged—AI computing storage. The logic behind this new frontier is clear and direct: the training and inference of large AI models consume exponentially growing amounts of energy. An AI Token represents a valid unit of computation generated during this process. A stable energy supply is the crucial physical foundation for the efficient, continuous output of AI Tokens, and the key to achieving this stability lies in energy storage systems. GUOXIA TECH is the first in the industry to propose the "Energy Storage as Token" development concept, an前沿理念 that is evolving into a core infrastructure requirement for the digital economy. This trend is corroborated by industry leaders. NVIDIA CEO Jensen Huang's concept of the "AI Token Factory" underscores the inevitable fusion of energy storage and computing power. Concurrently, Token generation from domestic large models like DeepSeek, MinMax, Zhipu AI, Kimi, Tongyi Qianwen, ERNIE, and Doubao continues to surge dramatically. GUOXIA TECH has precisely grasped this industry shift, proposing a strategy to integrate the end-to-end value chain of "Green Power - Storage - Computing" and exploring tokenization strategies for computing assets and digital energy. Its self-developed GUOXIA AI and HANCHU AI assistant are already embedded in its storage platform, enhancing internal operational efficiency and providing highly reliable storage solutions for intelligent computing centers. In 2026, the company plans to build intelligent operation and maintenance systems equipped with drones and robots, launch industry-specific AI models, and achieve full-process automation from load forecasting to work order processing, further strengthening the integration of AI and energy storage.

7. Capacity Planning Meets High AI Computing Standards The company's capacity planning and technological layout are already strategically positioned to meet the demands of AI computing storage. It plans to add four new large-scale and commercial/industrial storage production lines and three residential storage lines. By the end of 2027, large-scale and C&I storage capacity is expected to increase by a total of 6.0 GWh, with residential storage capacity increasing by 900 MWh. Simultaneously, the company plans to upgrade automated, intelligent production systems to reduce labor costs and improve production precision, meeting the large-scale, high-standard requirements for storage products from AI computing centers.

Looking ahead, positioned at the unique confluence of global energy transition and the AI computing explosion, GUOXIA TECH is poised for sustained high growth. The company is undergoing a profound upgrade of its asset foundation. Its "Full-Scenario Storage Matrix + Global Delivery Network" solidifies the fundamentals of its performance, while the前瞻性布局 of the "Energy Storage as Token" strategy substantially redefines its niche within the AI industry chain—transitioning from an AI storage leader to an "AI Token Factory Smart Energy Hub." From a global investor perspective, this deep coupling of "high energy efficiency" and "high stability" represents a preemptive claim on the narrative of AI infrastructure. With the establishment of the "Energy as Computing" paradigm, GUOXIA TECH has built a full-stack technological moat. Its steep growth trajectory is driving a market re-rating from "AI Storage Leader" to "AI Core Asset." In the AI Token era, the轮廓 of a global AI infrastructure giant rooted in a new energy system is becoming clear. Under the digital imperative that computing power is supremacy, GUOXIA TECH, through the strategic advantage of "Energy Storage as Token," has secured the foundational entry ticket for the next phase of AI infrastructure development, charting its expanding territory in the pioneering of AI civilization.