Sungrow Power Supply Confident of Meeting Year-start Energy Storage Shipment Target

**【Sungrow Power Supply: On Track to Meet Year-start Energy Storage Shipment Target This Year】**

SMM reported on November 1 that during a telephone exchange with institutional investors, Sungrow Power Supply indicated that shipments of energy storage systems began to increase in the third quarter. Specific shipment volumes for the fourth quarter are still unclear and will depend on order delivery schedules. Actual data for this year is temporarily difficult to estimate, but the company is confident that meeting its year-start target will not be a major issue. Next year's shipment targets are still under discussion. In terms of inverter shipments, global PV installations are expected to increase by 15% to 20% next year, and the company anticipates its inverter shipments to align with industry growth rates.