Ningde Times (03750) announced first-half results, net profit of about 43.284 billion yuan, a year-on-year increase of 41.98%

According to the Zhitong Finance App, Ningde Times (03750) announced the results for the first half of 2026. Operating revenue was about 276.916.6 billion yuan, up 54.8% year on year; net profit attributable to shareholders of listed companies was about 43.284 billion yuan, up 41.98% year on year; basic earnings per share were 9.51 yuan.

According to data from the China Automobile Power Battery Industry Innovation Alliance, from January to June 2026, the company's share of passenger car loading in the domestic market reached 46.7%, an increase of 5.6 percentage points over the previous year. Among them, the company's domestic share of ternary power batteries loaded reached 75.2%, an increase of 4.3 percentage points over the previous year. During the reporting period, the company was recognized by customers for its advanced products and excellent service. Among them, Kirin batteries became the preferred choice for high-end pure electric models with their comprehensive advantages in terms of high energy ratio, ultra-fast charging, and high safety. The Xiaoyao Super Plus Hybrid Battery helped customers launch popular growth range and hybrid models with high battery capacity and long pure electric battery life.

According to SNE Research data, the company's overseas market share from January to May 2026 was 33.7%, an increase of 3.7 percentage points over the previous year. With the gradual maturity of the company's overseas base construction and operation, the company continues to help overseas customers such as VW, Stellantis, BMW, DMG, Volvo, and Toyota achieve outstanding market performance with leading products and high-quality services. In addition, the company continued to promote overseas service networks and capacity building. During the reporting period, professional service stations were added to cover 8 countries in Eastern Europe, Africa and South Asia, while also landing overseas service experience centers in Ningjia, Saudi Arabia and Uzbekistan.

Adhering to the “open and win-win” cooperation concept, the company promotes ecological co-construction and win-win cooperation with customers and partners such as global system integrators, investors, developers, power grid companies, EPC general contractors, and core supply chain enterprises. In the domestic market, the company and Haibosichuang signed a three-year strategic cooperation agreement for sodium-ion battery energy storage with a total scale of 60 GWh to push sodium electricity to an inflection point in industrialization; the company joined hands with supply chain companies to launch a 2GWh single large-scale independent energy storage project to set a benchmark for grid-side projects. In overseas markets, the company won bids for multiple energy storage system integration projects in countries such as Germany, Spain, Chile, Malaysia, Australia, etc. Among them, the European project covers black startup application scenarios and supports the safety of local power grids through the implementation of large-scale integrated energy storage systems.