GUOXIA TECH (02655) jumped over 9% during intraday trading before paring gains, with shares last up 5.53% at HK$17.56, on turnover of HK$56.34 million.

The company released its 2026 interim results, reporting total revenue of RMB 1.427 billion, up 106.5% year-on-year. Domestic business revenue reached approximately RMB 1.14 billion, a 101.7% increase, while overseas business revenue hit RMB 287.5 million, surging 127.9%. Overall gross margin improved to 19.2%, up 6.7 percentage points, reflecting simultaneous enhancements in profitability and operational efficiency.

Profit attributable to owners of the parent stood at RMB 60.55 million, representing a year-on-year surge of 986%. During the reporting period, the group's domestic energy storage system shipments reached 3.7 GWh, climbing 105.6% year-on-year, further highlighting the benefits of scale.

In the first half of the year, domestic prices for 2-hour energy storage systems rose 8.8% from earlier levels, ending a prolonged downtrend. The industry is transitioning from a phase of overcapacity and price competition into a new cycle characterized by sustained order intake and full-capacity delivery, where competitive differentiators have shifted toward technology, safety, and full lifecycle service capabilities—an environment that aligns with the group's differentiation strategy.