Lisheng Energy Technology Group (hereinafter referred to as "Lisheng") announced on the 10th that its revenue for March 2026 was NT$ 132 million, with both month-on-month and year-on-year increases, a month-on-month growth rate of 796% and a year-on-year growth rate of 94%; the cumulative revenue for the first three months was NT$ 277 million, with a year-on-year growth rate of 197%, setting a new high in seven quarters. Lisheng stated that with the advancement of energy policies and the approval of application cases, the previously accumulated engineering capacity has been accelerated, driving a significant increase in revenue for the first quarter of this year, and it is optimistic that the annual operations will maintain a growth trend without any issues.

Lisheng is deeply engaged in solar photovoltaic EPC contracting projects, providing a complete service covering planning, design, application, construction, and operation and maintenance; currently, there is sufficient project volume on hand, and the progress has been smooth this year, with projects entering the construction phase one after another after application. Based on the current situation, the progress of each project is in line with the schedule, and Lisheng focuses on optimizing management efficiency to ensure that each project is completed and connected to the grid on time.

In addition, green electricity sales are an important growth engine for Lisheng's stability. As projects are gradually consolidated, coupled with the increasing amount of externally purchased electricity month by month, the purchasing and selling scale of its subsidiary, Xiangyin Sustainable Co., Ltd., is expected to grow significantly this year. In the long term, under international carbon reduction pressure and the demand from major semiconductor technology companies, the AI wave is driving a significant increase in electricity demand, and the trend of rigid demand for green electricity is clear, making the prospects for Xiangyin Sustainable optimistic.

Lisheng has also initiated overseas development plans, prioritizing markets such as the United States, Japan, and Vietnam, where regulations are mature or where the global supply chain is shifting, and there is an urgent need for green electricity to respond to international carbon tariffs. In the future, through diversified regional layouts, it can not only ensure the capital return rate of projects but also balance the policy risks of a single region.

Under the trend of carbon reduction and support from green electricity policies, the development of the renewable energy industry is expected to maintain stable growth, while the US-Iran war introduces variables into energy supply. Green electricity, which is not affected by oil and gas fluctuations, has become an indispensable part of energy strategy, further boosting market demand for green electricity. Looking ahead to the whole year, Lisheng will continue to deepen project advancement and international layout, while improving operational efficiency, gradually perfecting the overall solution system for green electricity operation and maintenance, aiming to promote stable growth in revenue scale and profitability