SIGENERGY (06656) released its interim results for the six months ended June 30, 2026, on August 24, 2026, posting extraordinary growth across all key financial metrics. The company achieved revenue of RMB 9.87 billion, representing a year-on-year increase of 261.2%, while profit for the period reached RMB 2.43 billion, up 201% compared to the prior year. Adjusted net profit under non-IFRS measures climbed 135.8% to RMB 2.49 billion, and net operating cash flow surged 337.9% to RMB 1.97 billion.
During the first half of 2026, the accelerated global energy transition and rapid expansion of distributed energy, storage, and intelligent energy management markets created a favorable environment for the company's growth. Seizing the opportunities presented by global green energy development, the company maintained its "AI + Energy" strategic direction, advancing integrated solar-storage-charging-heating product innovation and global expansion, achieving rapid business scale growth and enhanced profitability. With continuous technological leadership, a comprehensive global channel network, and full-scenario energy solution deployment, SIGENERGY is rapidly establishing itself as a significant player and leader in the global intelligent energy sector.
On August 21, Hang Seng Indexes Company announced the results of its quarterly index review as of June 30, 2026, confirming that SIGENERGY would be included in the Hang Seng Composite Index. The adjustment will take effect after market close on September 4, 2026, and will be officially implemented on September 7. This inclusion marks a significant milestone in the company's capital market recognition, corporate scale, and market influence. As a rare "AI + solar-storage integration" new energy technology stock on the Hong Kong market, the company is expected to expand institutional investor coverage, attract greater southbound capital attention and allocation, and enhance stock liquidity, trading activity, and long-term value discovery capabilities.
Core Business Achieves High-Speed Growth with Accelerating Full-Scenario Energy Ecosystem Development
During the reporting period, the company continued to refine its integrated solar-storage-charging-heating product matrix across residential, commercial and industrial, and large-scale energy project applications, delivering full lifecycle solutions covering energy production, storage, conversion, management, and application. The SIGENERGY solar-storage series products maintained rapid growth momentum, generating revenue of RMB 9.30 billion, accounting for 94.2% of total revenue, with a year-on-year increase of 267.1%, serving as the primary growth driver for the company's business. Meanwhile, the company's energy ecosystem-related products continued to achieve breakthroughs, with intelligent energy gateways generating RMB 360 million in revenue, up 181.5% year-on-year, and other energy products generating RMB 220 million, up 195.0%. Through continuous development of PV inverters, energy storage systems, charging equipment, energy management systems, and AI software platforms, the company is building a highly integrated intelligent energy ecosystem, providing safer, more efficient, and smarter energy solutions for households, enterprises, and large-scale energy projects.
AI-Powered Energy: Accelerating the "AI in All" Global Strategy
The energy industry is transitioning into a new era of digitalization and intelligence. The company is driving deep integration of artificial intelligence, big data, cloud computing, and power electronics technology to build future-oriented intelligent energy infrastructure. During the reporting period, the company further advanced its global "AI in All" strategy, launching SigenAgent, the industry's first full-domain AI agent, defining a new paradigm for AI-new energy integration. SigenAgent encompasses four core intelligent agents—private energy manager, power station O&M doctor, power trading operator, and business operations assistant—covering key application scenarios including home energy management, station operations and maintenance, power trading, and enterprise energy management, transforming complex energy management tasks into more intuitive and efficient intelligent interactions. Concurrently, the company globally launched mySigen App 4.0, equipped with the full-domain AI agent SigenAgent, delivering a comprehensive upgrade to the energy management experience. By integrating AI algorithms with energy data, the company continues to enhance capabilities in energy forecasting, intelligent dispatch, battery health management, and equipment operations and maintenance, providing users with smarter and more efficient energy management services. Looking ahead, the company will further explore innovative applications including virtual power plants (VPP), demand-side response, and power market trading, continuously unlocking the value of distributed energy assets.
Commitment to Technological Innovation Builds Long-Term Competitive Advantages
Innovation remains the core driver of the company's sustainable development. In the first half of 2026, SIGENERGY's R&D expenditure increased by 62.9% year-on-year. Through continuous research and development, the company has established a comprehensive core technology system spanning power electronics, battery management systems (BMS), intelligent charging and V2X, cloud computing and artificial intelligence, virtual grid, as well as advanced production, testing, and product safety design. In power electronics, the company achieves efficient coordination among PV, storage, and charging systems through advanced DC bus architecture, improving energy conversion efficiency and system response capability. In energy storage safety, the company employs innovative PACK architecture, intelligent BMS algorithms, and multiple safety protection systems to achieve precise battery status management and safe system operation. In intelligent charging, the company continues to advance V2L, V2H, and V2G vehicle-grid interaction technologies, driving the transformation of new energy vehicles from energy consumers to energy participants. In intelligent manufacturing, the company continues to advance automated production, digital management, and full-process quality control, continuously improving product reliability, consistency, and delivery capabilities. Through sustained R&D investment and technological accumulation, the company is continuously strengthening its core competitive moat and laying the foundation for long-term growth.
Intelligent Manufacturing Expansion Deepens with Significantly Enhanced Storage Production Capacity
In April 2026, the company successfully listed on the Main Board of the Hong Kong Stock Exchange, injecting new capital momentum for future development. During the reporting period, the company's gross profit margin reached 40.5%, maintaining a high level overall. Facing challenges including global market competition, raw material price fluctuations, and exchange rate changes, the company continued to optimize its supply chain system, drive product structure upgrades, and enhance operational resilience through technological innovation and economies of scale. In manufacturing capabilities, the Nantong Smart Energy Center was officially inaugurated in March 2026. Covering a total construction area of 136,000 square meters, the center has annual production capacity covering over 300,000 inverters and energy storage PACKs. As a key component of the company's global intelligent manufacturing system, the Nantong Smart Energy Center not only undertakes large-scale production and global delivery tasks but also establishes an intelligent manufacturing closed loop from product development to scale delivery through deep integration of R&D, manufacturing, and data management. In June 2026, construction officially commenced on Phase II of the Nantong Smart Energy Center and the SIGENERGY & Xianghua joint venture new energy storage system structural components project. These projects will further enhance the company's energy storage system manufacturing capabilities, supply chain collaboration, and global delivery capabilities. Going forward, the company will continue to integrate AI, big data, and digital systems into production, quality, warehousing, and logistics processes, building a smarter, more efficient, and more reliable intelligent manufacturing system.
Global Market Breakthroughs Continue with Authoritative Certifications Strengthening Brand Competitiveness
The company continues to advance its globalization strategy, deepening its presence in Europe, Asia-Pacific, Africa, and emerging markets. Currently, the company's business covers more than 120 countries and regions, with over 170 global distribution partners and more than 29,000 registered installers. The company employs over 2,550 people globally, including more than 900 R&D personnel. The company continues to improve its global localized sales, technical support, installation services, and after-sales systems, continuously enhancing customer service capabilities. Leveraging leading product innovation capabilities, continuously improving technical strength, and reliable product quality, the company's products have gained broad recognition in global markets and received multiple international authoritative certifications: continued market expansion in Australia, South Africa, and Europe with growing market influence; receipt of the Wood Mackenzie 2026 Grade A rating for energy storage system integrators; acquisition of the DNV "Technical Review Report for SIGENERGY Utility-Scale PV Inverters" from international third-party authority; receipt of the TÜV Süd "Financability Technical Due Diligence Report" for the SigenTerra ground-mounted energy storage system; and selection for both the SMM Tier 1 Inverter Supplier and Energy Storage System Supplier lists. These multiple international certifications and industry recognitions further validate the company's product reliability, technical strength, and global market competitiveness.
Future Outlook: Building a Global Leader in Intelligent Energy
Looking ahead, the global energy transition remains in a rapid development phase, with residential energy storage, commercial and industrial storage, and large-scale energy application markets expected to continue releasing growth potential. The company will adhere to long-termism, continuously deepening its full-scenario energy solution deployment, perfecting residential energy ecosystems, commercial and industrial solar-storage-charging solutions, and large-scale energy applications, driving scaled commercial implementation of products. The company will continue advancing deep integration of AI and energy, leveraging SigenAgent, mySigen App, and the SIGENERGY Cloud Platform as core pillars to enhance intelligent energy management capabilities and explore innovative businesses such as virtual power plants and power trading. The company will continue to enhance intelligent manufacturing capabilities, promoting advanced manufacturing processes, digital systems, and automated equipment applications to improve production efficiency and global delivery capabilities. The company will continue deepening its global localization strategy, improving overseas sales, service, and partner systems to strengthen global market competitive advantages. In the future, SIGENERGY will continue driving energy transformation through innovation, delivering more efficient system architectures, more reliable product capabilities, and smarter energy management experiences to help global customers achieve a safer, more economical, and more sustainable energy future.