Hong Kong-listed Tianneng Power International Limited (Tianneng Power) disclosed the 2025 audited results of its 86.53%-owned subsidiary, Tianneng Battery Group Co., Ltd. (Tianneng Battery), which is separately listed on the SSE STAR Market.
Revenue Performance • Tianneng Battery generated revenue of RMB45.79 billion in 2025, a year-on-year increase of 1.67% from RMB45.04 billion. • The modest topline growth was achieved despite a high base in 2024.
Profitability • Net profit attributable to Tianneng Battery shareholders reached RMB1.59 billion, up 2.38% from RMB1.55 billion in 2024. • The net profit margin remained stable at roughly 3.5%.
Balance-Sheet Highlights • Total assets rose slightly to RMB44.52 billion as of 31 December 2025, edging up 0.53% from RMB44.29 billion a year earlier. • Equity attributable to shareholders expanded 7.40% to RMB17.06 billion, indicating continued internal capital accumulation.
Corporate Structure and Reporting Scope The disclosed figures cover only Tianneng Battery and its controlled entities under PRC accounting standards. They exclude other subsidiaries within Tianneng Power’s consolidated group and do not eliminate all intra-group transactions, potentially limiting direct comparability with the parent company’s forthcoming full-year results.
Investors are advised to interpret Tianneng Battery’s financials within this defined scope and exercise caution when assessing their implications for Tianneng Power’s overall performance.
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