Shenzhen Sinexcel Electric Co.,Ltd. (300693): Wins Bid for China Energy Engineering Storage Technology (Wuhan) Co., Ltd. Procurement Project Worth 5.18 Million Yuan

Deep News09-29

According to enterprise data, Shenzhen Sinexcel Electric Co.,Ltd. announced on September 29, 2025, that it has won the bid for a procurement project by China Energy Engineering Storage Technology (Wuhan) Co., Ltd., with a contract value of 5.18 million yuan. The project is related to the "Japan Wakayama 14MW/70MWh Independent Energy Storage PCS."

Related listed company: Shenzhen Sinexcel Electric Co.,Ltd. (300693.SZ)

Company Financial Overview: Shenzhen Sinexcel Electric Co.,Ltd. (300693.SZ) reported operating revenue of 3.036 billion yuan in 2024, representing a growth rate of 14.53%. The company's net profit attributable to shareholders reached 429 million yuan, with a growth rate of 6.49%, and return on equity of 26.39%. For the first half of 2025, the company recorded operating revenue of 1.362 billion yuan, showing a decline of 4.79%, while net profit attributable to shareholders was 158 million yuan, down 12.91% year-over-year.

The company operates in the industrial sector, primarily focusing on specialized equipment and components. According to its 2024 annual report, the main business composition includes: Electric vehicle charging stations (40.04%), New energy power conversion equipment (28.23%), Power quality equipment (19.86%), Battery formation and testing equipment (9.75%), and Other businesses (2.12%).

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