GUOXIA TECH (02655) issued a profit warning, expecting net profit for the first half of the year to increase to approximately 55 to 65 million yuan.

GUOXIA TECH (02655) announced that the group expects to achieve revenue of approximately 1.35 to 1.45 billion yuan in the first half of 2026, compared to revenue of approximately 691.4 million yuan in the same period of 2025; profit is expected to be around 55 to 65 million yuan, while the profit in the same period of 2025 was approximately 5.6 million yuan. The board of directors believes that the anticipated revenue and profit growth during this period is primarily attributed to significant increases in revenue from the groups energy storage system solutions business and EPC service business, driven by the high boom in the global energy storage market, which led to a substantial year-on-year increase in the delivery volume of the groups energy storage systems and EPC services; the release of scale effects in the market resulted in a year-on-year decrease in unit costs and expense ratios; and the relatively low net profit in the previous periods was influenced by listing costs.