National Energy Administration: 6,228 New Energy Power Generation Projects Newly Registered Nationwide in March

On April 23, Sunwoda Electronic Co., Ltd. released its 2025 annual report. The report shows that the company achieved operating revenue of 63.246 billion yuan in 2025, a year-on-year increase of 12.90%. Consumer battery revenue was 31.406 billion yuan, accounting for 49.66% of total revenue, a year-on-year increase of 3.29%; electric vehicle battery revenue was 18.908 billion yuan, accounting for 29.90%, a year-on-year increase of 24.90%; energy storage system business revenue was 2.313 billion yuan, accounting for 3.66%, a year-on-year increase of 22.42%.

XTC New Energy Materials (Xiamen) announced that its controlling subsidiary Ya'an XTC New Energy planned to invest in a new annual 40,000 mt lithium iron (manganese) phosphate production line project, building on its existing annual 40,000 mt LFP capacity. The total investment was estimated at 734 million yuan, with a construction period of 25 months. To ensure smooth implementation of the project and support the sustainable development of Ya'an XTC New Energy, Ya'an XTC New Energy planned to increase its registered capital by 700 million yuan, of which the company would subscribe 697 million yuan in cash and Cangya Investment would subscribe 3 million yuan in cash.