CHAOWEI POWER Surges Over 10% as Major Players Enter Sodium Battery Sector; Company Launches Sodium-ion Product Line

Stock News
Apr 22

CHAOWEI POWER (00951) rose more than 10%. As of the time of writing, the stock was up 9.63%, trading at HKD 2.05 with a turnover of HKD 11.3196 million.

Market reports indicate that with the rapid development of new energy technologies, the two-wheeler electric vehicle market is undergoing a battery revolution. Sodium batteries are gradually becoming an industry focus and gaining prominence in the market due to their significant advantages. Several well-known enterprises have already entered the sodium battery sector. Sodium battery products from brands such as CHAOWEI and Tianneng are selling well on major e-commerce platforms, with Tianneng's sodium battery winning an industry award and gaining broad consumer recognition.

Previously, CHAOWEI POWER announced its 2025 performance. The company's revenue was approximately RMB 544.0 billion, a year-on-year increase of about 8.1%. Profit reached approximately RMB 36.57 billion, up about 4.8% year-on-year. Profit attributable to owners of the company was approximately RMB 3.61 billion, an increase of about 24.7% compared to the previous year.

The company focuses on research and innovation as its core growth engine, concentrating on its main business of lead-acid power batteries while simultaneously pursuing multiple battery technology pathways, successfully building a new industrial ecosystem. Leveraging its strong innovation capabilities, the company has successively launched a series of innovative products, including all-solid-state sodium batteries, sodium-ion batteries, and graphene technology batteries, achieving key breakthroughs and阶段性 results in various new battery technology fields.

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