REPT BATTERO (00666) announced its financial results for the fiscal year ended December 31, 2025. The Group recorded revenue of RMB 24.334 billion, an increase of 36.74% year-on-year. Gross profit reached RMB 2.721 billion, surging by 269.24% compared to the previous year. Profit attributable to owners of the parent company was RMB 623 million, a significant turnaround from a loss in the prior year. Basic earnings per share were RMB 0.27.

The company stated that its market position continues to strengthen, supported by a three-pronged business matrix encompassing energy storage, passenger vehicles, and commercial vehicles. According to statistics from Shanghai Metals Market (SMM), in 2025, the Group ranked among the top five globally in energy storage cell shipments and secured the number one position worldwide in shipments of residential energy storage cells. Data from the China Automotive Power Battery Industry Innovation Alliance showed that the company ranked seventh in domestic installations of lithium iron phosphate power batteries for vehicles, eighth in installations for plug-in hybrid passenger vehicles, and sixth in installations for new energy commercial vehicles in 2025. Based on statistics from Green Heavy-Duty Truck, the Group ranked second in China for battery installations in electric heavy-duty trucks during the same year.

In the energy storage battery sector, the Group has achieved comprehensive scenario coverage and a leading market position. Centered on large-capacity cell technology, it provides deep coverage across all scenarios, establishing a product and service system for residential, commercial and industrial, grid-side, and generation-side long-duration energy storage. Its business has deeply penetrated core markets across China and six continents globally. Leveraging the large-scale application of high-capacity cells such as the 392Ah model, combined with highly integrated energy storage system solutions, the Group effectively meets the stringent requirements for energy density, cycle life, and operational costs in long-duration storage scenarios. It has become a key force driving the industry's transition from short-duration peak shaving to long-duration capacity support. Benefiting from substantial industry-wide growth in global energy storage battery shipments, the Group is capitalizing on dual growth opportunities in user-side storage and long-duration storage, leading to continuous optimization of its profitability.

In the power battery sector, the Group has established a comprehensive layout covering both commercial and passenger vehicles. For the passenger vehicle market, it focuses on ultra-fast charging and next-generation chemical systems. Its Wending Zeng Hun 4C ultra-fast charging cells and systems have successfully entered the supply chains of several leading automakers, meeting dual needs for daily commuting and long-distance travel, with the proportion of high-quality projects steadily increasing. In the commercial vehicle market, benefiting from rapidly growing penetration in segments such as electric heavy-duty trucks and construction machinery, the Group's customized products, featuring long lifespan, high safety, and large capacity, achieved approximately 8% market share in the new energy electric heavy-duty truck battery market in 2025. Installations grew by about 278% year-on-year, making the company one of the fastest-growing firms in terms of market share expansion. Concurrently, the Group is making forward-looking moves in the low-altitude economy sector. It has developed aviation-grade battery products for eVTOL aircraft, which, with their ultra-high energy density and reliability, are opening up growth opportunities in emerging markets and building new momentum for long-term development.

Regarding global expansion, coordinated growth in domestic and international markets has yielded significant results. The domestic market benefits from sustained demand driven by policies promoting vehicle replacement for new energy cars and large-scale energy storage construction. The overseas strategy has evolved from simple product exports to establishing overseas manufacturing bases and implementing deep local operations. The gradual ramp-up of production capacity at its Indonesia factory is effectively reducing costs and mitigating the impact of trade barriers. Deepened efforts in markets such as Europe, North America, and Australia have proven highly effective, serving as important engines for the Group's business growth. Having been consecutively rated as a Tier 1 manufacturer by BloombergNEF for eight quarters, the company's international brand recognition continues to rise, laying a solid foundation for the ongoing expansion of its overseas operations.