New Stock News | Revenue Increased 23 Times! Sige New Energy Achieves Profit in three years.

On September 8th, SIGEN New Energy updated its prospectus on the Hong Kong Stock Exchange. According to the updated prospectus, SIGEN New Energy was profitable in 2024, with sales revenue exceeding 1.3 billion, a 22.8 times increase compared to 2023, with adjusted net profit exceeding 150 million yuan; Revenue for the first four months of 2025 was 1.21 billion yuan, with adjusted net profit increasing by over 400 million yuan. Impressive performance, achieving profitability within three years The latest financial data disclosed in the prospectus of SIGEN New Energy once again highlights the company's outstanding business execution. The prospectus shows that the company's full-year revenue in 2024 was 1.33 billion yuan, with adjusted net profit of 150 million yuan. From January to April 2025, revenue was 1.21 billion yuan, with adjusted net profit increasing by over 400 million yuan. The continuous high-speed growth of the company's revenue validates the stability and sustainability of its business model. The core driving force behind the financial performance is the company's star product, SigenStor. Data shows that the product's sales volume soared from 18 megawatt-hours in 2023 to 447 megawatt-hours in 2024, a nearly 25-fold increase. Strong market demand directly translates into revenue growth, with revenue in the first four months of 2025 reaching 12.064 billion yuan, more than 5.6 times higher than the same period in 2024. SigenStor has taken the lead in the household market share in overseas markets such as Australia, Ireland, Sweden, the Netherlands, and Belgium, achieving the fastest growth from 0 to the top market in developed countries. The explosive growth not only confirms the high recognition of the SigenStor products and services in the market but also reflects the continuous release of commercial value of SIGEN New Energy in the global new energy track. High-end positioning, value driving globally SIGEN New Energy established a high-end positioning strategy from the beginning. The energy storage industry is rapidly expanding, but in a market environment characterized by intense price competition, many companies are seizing market share by compressing hardware costs and reducing prices. While such products may help with short-term shipments, they often sacrifice safety, reliability, and long-term profitability. SigenStor is a high-end energy storage product aimed at the premium market. This product is the world's first AI-enabled "five-in-one" photovoltaic energy storage integrated machine. It not only has high integration, but also is equipped with a five-layer battery safety protection system and introduces AI energy management and dynamic electricity price scheduling. Compared to low-price competitors, SigenStor has significant advantages in terms of performance, safety, user experience, and overall lifecycle value. This strategic choice is highly compatible with the market structure. According to the prospectus, Europe, Asia-Pacific (excluding mainland China), and Africa are the main sources of revenue for SIGEN, with revenue proportions in 2024 of 60%, 19.7%, and 12.9%, respectively; as of April 30, 2025, the top three markets accounted for 61.3%, 23.3%, and 11.5% of revenue. The European market belongs to a mature high-end energy market, and the company accurately targets mid-to-high-end residential and commercial users, providing reliable, safe, and efficient energy management solutions through the technologically advanced SigenStor. This has won a large number of long-term cooperative customers and high-quality projects. In Australia, SIGEN is experiencing rapid growth. According to SunWiz data, in March 2025, SIGEN first topped the Australian residential energy storage market and has maintained its leading position for five consecutive months, increasing its market share to 31.4% in May, more than twice that of the second-place competitor. With the continuous advancement of the Australian Cheaper Home Batteries Program subsidy policy, SIGEN is expected to further increase its sales. In South Africa, the product has also experienced rapid growth by capturing rigid demands such as grid and off-grid switching. Customers in these regions not only have strong payment capabilities but also have higher requirements for the safety, intelligence, and overall lifecycle value of energy storage products, all of which are addressed by SIGEN's products. This targeted layout has enabled SigenStor to achieve outstanding sales performance and robust profits in major markets, while avoiding the price competition pressure of the low-end market. By accurately targeting high-value customer groups, combining leading technological performance and intelligent services, SIGEN has not only strengthened its high-end brand image but also established a foundation for sustainable profitability in the global market. AI empowerment, software and hardware collaboration leading the energy revolution SIGEN New Energy has always viewed product innovation as its core drive. SigenStor has redefined industry benchmarks with multiple "firsts". On the hardware side, SigenStor uses a modular, stackable design that integrates photovoltaic inverters, DC charging modules, energy storage inverters (PCS), energy storage batteries, and energy management systems (EMS) to the highest degree in the industry, making it the highest integrated energy storage product. With the company's self-developed energy backup cabinet and optimization algorithm, SigenStor achieves rapid grid and off-grid switching. Additionally, the company has introduced a direct current fast charging module that supports V2X bidirectional charging, enabling electric vehicles to power household electrical devices and even the grid, further enhancing energy flexibility. At the software level, SIGEN New Energy uses AI technology to empower the intelligence process of the photovoltaic storage industry, creating an unreplicable moat. The company's self-developed mySigen App is one of the smartest energy management platforms in the industry, integrating GPT-4o (overseas)/common sense Q&A (domestic) models and commercializing AI in the energy field. The system can collect and analyze massive energy data in real-time, automatically identify potential issues, optimize operational parameters, predict equipment failures, and dynamically adjust supply and demand, achieving intelligent scheduling. Through AI dynamic electricity price optimization, SigenStor can smartly adjust its charging and discharging strategies based on price fluctuations, charging during off-peak hours and discharging during peak hours, significantly reducing electricity costs. Moreover, SIGEN Cloud has successfully integrated with leading VPP systems in Sweden, the Netherlands, Australia, and other countries, automatically obtaining real-time electricity price data from 20+ countries and 60 power companies, further enhancing intelligent scheduling capabilities. From the world's first "five-in-one" photovoltaic energy storage integrated machine to commercial and industrial energy storage systems, to the latest introduction of household hybrid inverters and micro inverters, SIGEN New Energy continues to expand its matrix of distributed solutions, forming a complete product line covering diverse application scenarios. The new products have received enthusiastic responses from the market since their launch, further enhancing the company's competitiveness in the field of distributed solutions and providing more choices for channel partners and end-users. At the same time, SIGEN has fully empowered its AI capabilities in various hardware products, covering the entire chain of power generation, storage, consumption, and dispatch, achieving more intelligent energy management, higher efficiency, and safer operations. With the huge advantage of "software-hardware integration", SIGEN's product portfolio continues to be highly recognized and widely praised in global markets. While many peers are still exploring the feasibility of combining AI with energy, SIGEN New Energy has already translated technological innovations into tangible business results, demonstrating its leading position in the intelligent photovoltaic storage field. This innovative model not only improves energy use efficiency but also enhances users' energy experiences.