Sungrow:Overall Energy Storage Installed Capacity to Increase over the Next Three Years, with Expected Growth of 30%–50%

Chengxin Lithium announced that its Q1 2026 revenue was 3.284 billion yuan, up 378.58% YoY. Net profit was 464 million yuan, up 399.89% YoY. Driven by the rapid development of the new energy industry, market demand for lithium chemical products continued to grow, and the selling prices of lithium chemical products rose significantly compared to the same period last year. Combined with shipments from the company's Indonesian factory, both sales volume and prices of the company's lithium chemical products increased, resulting in significant YoY growth in operating revenue, net profit attributable to shareholders of the publicly listed firm, earnings per share, and other financial indicators.