Zhengli New Energy Announces Profit Surprise: Expected Net Profit Growth of 647.25%-801.10% by 2025, Far Ex exceeding expectations

Gelonghui February 26 — Zhengli New Energy (3677.HK) announced a profit alert. Based on a preliminary review of the group’s unaudited consolidated management accounts and other existing data for the year ending December 31, 2025, the group expects to record a net profit of approximately RMB 680 million to 820 million during the reporting period, representing an increase of about 647.25% to 801.10% compared to RMB 91 million in the same period last year. Zhengli New Energy achieved significant profits in its listing year, far exceeding market expectations.

The announcement states that the board believes the main reasons for the changes in performance during the reporting period are: (i) strong market demand driving a substantial increase in sales volume and revenue of the company’s battery products, with steady growth in investment income from joint ventures; (ii) the company improved product quality and capacity utilization through AI-driven closed-loop algorithm technology, with scale effects gradually emerging; continuous optimization of cost control measures further increased gross profit margin; (iii) the company implemented refined expense management, resulting in a significant year-on-year decrease in the period expense ratio.