SIGENERGY Shares Surge Over 5% on Forecast of at Least 190% Profit Surge and Full Energy Storage Expansion

Stock News08-03

SIGENERGY (06656) shares climbed more than 5% in Hong Kong trading, recently posting a 5.63% gain to 307.8 Hong Kong dollars with a turnover of 15.1878 million Hong Kong dollars.

The company announced that for the six months ending June 30, 2026 (the reporting period), it expects to record revenue of approximately 9.5 billion to 10 billion renminbi, an increase of about 240% to 270% compared to the same period in 2025. Net profit is projected to be between 2.35 billion and 2.45 billion renminbi, representing a year-over-year rise of roughly 190% to 210%. Profit attributable to equity holders of the company is also expected to fall in the same range of 2.35 billion to 2.45 billion renminbi, reflecting a similar 190% to 210% increase.

According to SIGENERGY's official WeChat account, on June 29, the company broke ground on two major projects in Nantong: Phase II of the Nantong Smart Energy Center and a joint venture with Xianghua for a new energy storage system structural components facility. Once both phases of the Nantong Smart Energy Center are fully completed, the total area will approach 400,000 square meters, covering all application scenarios including residential, commercial and industrial, and large-scale energy storage needs.

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