Zhenyu Technology Expects H1 Profit to Double on Strong Energy Storage Battery Demand

Published: Jul 20, 2026 19:33

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Zhenyu Technology expects its first-half 2026 net profit to rise 98.72%-117.65% YoY to 4.2-4.6 billion yuan. The company attributed the growth to strong demand from the lithium battery market, particularly the energy storage battery segment, which drove sales growth. It also cited the gradual ramp-up of new motor core capacity, higher capacity utilization, increased automation, and cost optimization as key contributors to improved profitability.

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