Yubang Electric Power: It is expected that the net profit in the first half of 2025 will decrease by 35.47% to 45.28% compared to the previous year.

Yubang Power announced that the net profit attributable to the owners of the parent company in the first half of 2025 is expected to be between 21.2 million yuan and 25 million yuan, a decrease of 13.74 million yuan to 17.54 million yuan compared to the same period last year, a year-on-year decrease of 35.47% to 45.28%. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses in the first half of 2025 will be between 14.2 million yuan and 16.8 million yuan, a decrease of 19.41 million yuan to 22.01 million yuan compared to the same period last year, a year-on-year decrease of 53.61% to 60.79%. The company's intelligent power product business was affected by the slowing pace of product delivery by customers, resulting in a decrease in revenue. At the same time, the energy storage business holding subsidiary Yubang Zhiyuan showed a loss during the reporting period.