Central New Energy (01735) announced interim results, with revenue of HK$6.33 billion, up 56.33% year over year

According to the Zhitong Finance App, Central New Energy (01735) announced interim results for the six months ended June 30, 2026. The group achieved revenue of HK$6.33 billion, an increase of 56.33% over the previous year; profit attributable to company owners was HK$18.462 million, a year-on-year decrease of 20.67%; and earnings per share were HK$0.44 cents.

During the reporting period, the Group continued to consolidate and expand its core business, covering photovoltaic power generation and n-type Topcon battery manufacturing. The Group maintains steady operating investment, optimizes product structure, upgrades production technology, and strengthens market penetration in the field of renewable energy to ensure a stable revenue and profit contribution from the traditional photovoltaic business.

While its existing core business continues to grow, the Group actively grasps the rapid market growth opportunities brought by the global artificial intelligence industry. The Group strategically expanded its business layout to AI chip research and development, intelligent computing and server-related businesses, marking an important milestone in the diversification of the Group's business and technological upgrading. The Group has gradually established its industrial capabilities in the field of AI intelligent hardware and computing power, opening up a new dimension of growth beyond its traditional renewable energy business.

Looking forward to the future, the Group will adhere to the two-wheel drive development strategy of “stabilizing traditional businesses and high-growth emerging technology businesses”. The Group will continue to optimize operational efficiency, expand market size, invest in technological innovation, and enrich its product and service portfolio. By continuously expanding the high-value AI chip and server business, the Group aims to further enhance its overall profitability, diversify profit sources, and create sustainable and long-term returns for all shareholders.