Recently, the China Automotive Power Battery Industry Innovation Alliance released the domestic power battery installation data for April 2026. ZENERGY (03677) delivered an excellent performance, securing the seventh position in the industry for single-month power battery installations in April. For the period from January to April, its installations for passenger vehicles steadily held the industry's fifth position, demonstrating market recognition of its strong competitive capabilities. Looking ahead, with sustained demand for batteries across diverse scenarios such as energy storage and green development, ZENERGY is poised to further accelerate its revenue growth.
According to the Alliance data, domestic power battery installations in April 2026 reached 62.4 GWh, representing a year-on-year increase of 15.2%. Among the top ten enterprises by installation volume, ZENERGY ranked seventh, maintaining stability from the previous month. In 2025, the company's total battery shipments reached 19.8 GWh, a year-on-year growth of 66.7%. The company has continued to advance in diversifying its power battery customer base, expanding its energy storage business, and building technical reserves related to the low-altitude economy.
In the future, as demand from various scenarios including new energy vehicles, energy storage, and the low-altitude economy continues to be released, ZENERGY is expected to leverage its aviation-grade safety standards, large-scale manufacturing capabilities, and comprehensive product portfolio across all scenarios to continuously strengthen its competitiveness within the new energy battery industry chain.
A research report from CICC points out that the energy storage sector's prosperity continues to rise, and the company is increasing capacity to build its second growth curve. Following China's "Document No. 136," the economic viability of energy storage has improved domestically. Overseas factors such as power shortages, AIDC construction, and accelerated energy structure transformation are jointly driving sustained upward momentum in global energy storage demand. Industrial Securities believes that the company's total capacity is expected to double in 2026, with energy storage capacity set to be released imminently, creating a second growth trajectory. Concurrently, the company is laying out emerging products like aviation power batteries to expand its long-term potential.
Meanwhile, the company's shareholders are optimistic about its future development. The controlling shareholder has issued a one-year lock-up commitment. Directors of the company have made voluntary lock-up pledges, demonstrating full confidence in the company's future prospects and a strong recognition of its long-term investment value.
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