GUOXIA TECH (02655) climbed nearly 7% in Thursday trading, with shares last up 6.73% at HK$17.76, posting turnover of HK$40.47 million.

The company released its interim results for fiscal 2026, reporting total revenue of RMB 1.4274 billion, a 106.5% surge year-on-year. Domestic business revenue reached approximately RMB 1.1399 billion, up 101.7%, while overseas revenue rose 127.9% to roughly RMB 287.5 million.

Gross margin improved to 19.2%, a gain of 6.7 percentage points from the prior year, reflecting enhanced profitability and better operational efficiency. Profit attributable to parent shareholders came in at RMB 60.547 million, a staggering 986% increase from the same period last year.

During the reporting period, the group's domestic energy storage system shipments totaled 3.7 GWh, up 105.6% year-on-year, further highlighting the benefits of scale. Notably, in the first half of this year, domestic prices for 2-hour energy storage systems rose 8.8% from earlier levels, ending a prolonged downtrend.

The industry is shifting from a phase of overcapacity and price competition toward a new cycle characterized by sustained order flow and full-capacity delivery. Competitive dynamics are moving away from pricing toward technology, safety, and full-lifecycle service capabilities—an opportunity window that aligns with the group's differentiation strategy.