WHEE: Plans to invest 692 million yuan to build the WHEE Science and Technology Innovation Center

WHEE plans to invest CNY 692 million to build the WHEE Science and Technology Innovation Center, which will be managed by its wholly-owned subsidiary WHEE Science and Technology Innovation. The registered capital of WHEE Science and Technology Innovation will increase to CNY 150 million, with a project land area of 44,734.5㎡ and a construction area of 69,354.01㎡. The expected construction period is 24 months, with plans to start in December 2025. Of the investment, 20% will be funded by WHEE, and 80% is intended to be financed through banks

WHEE signs a contract for a waste heat boiler worth 160 million yuan

WHEE signed a contract for a waste heat boiler worth approximately 160 million yuan, with the contract target being the 2×450MW gas turbine combined cycle power plant project in Kampong Cham Province, Cambodia. This contract will not have a significant impact on the company's performance in 2025, but it will help improve future performance. Once the project is completed, the annual power generation is expected to account for one-quarter of Cambodia's total power generation, laying the foundation for the company's expansion in the Southeast Asian clean energy market

The power sector surged, and ROSHOW reached the daily limit

The power sector surged, with ROSHOW hitting the limit up, SEP rising over 5%, and TFNY, JYT, and WHEE following suit

WHEE released its semi-annual performance, with a net profit attributable to the parent company of 285 million yuan, a year-on-year decrease of 28.16%

According to the Zhitong Finance APP, WHEE disclosed its semi-annual report for 2025, showing that the company achieved revenue of 4.417 billion yuan during the reporting period, a year-on-year decrease of 23.30%; net profit attributable to the parent company was 285 million yuan, a year-on-year decrease of 28.16%; net profit excluding non-recurring gains and losses was 258 million yuan, a year-on-year increase of 27.41%; basic earnings per share were 0.3029 yuan

The A-share photovoltaic concept strengthened, with Daqo New Energy rising over 15%, and Center Int, S.C, WHEE, Tongwei Co., Ltd., and Sungrow Power Supply Co., Ltd. following suit