Specialty Chemicals

Power New Energy

Power New Energy released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 205.43 M, actual EPS CNY 0.13

Power New Energy to Release FY2026 Q1 Earnings on April 25 After-Market (BJT)

Power New Energy to Release FY2025 Earnings on April 25 Pre-Market (BJT), Forecast Revenue CNY 1.875 B, EPS CNY 0.22

Power New Energy released FY2025 Annual Earnings on February 27 Pre-Market (BJT), actual revenue CNY 690.34 M (forecast CNY 1.875 B), actual EPS CNY -4.36 (forecast CNY 0.22)

Power New Energy released FY2025 Q4 earnings on February 27 Pre-Market (BJT), actual revenue CNY 334.8 M, actual EPS CNY -2.9695

Power New Energy released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 355.54 M, actual EPS CNY -1.3023

Power New Energy released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 116.34 M, actual EPS CNY -0.289

Power New Energy FY2025 Q3 Earnings Release on October 31 After-Market (BJT)

Power New Energy released FY2025 Q2 earnings on August 29 After-Market (BJT), actual revenue CNY 159.19 M, actual EPS CNY -0.6732

Power New Energy released FY2025 Semi-Annual earnings on August 29 After-Market (BJT), actual revenue CNY 239.2 M, actual EPS CNY -1

Power New Energy to Release FY2025 Semi-Annual Earnings on August 30, 2025 (BJT)

ST Pava Indicates Sodium Battery Cost Decline Trend

Power New Energy released FY2025 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 80.01 M, actual EPS CNY -0.34

Power New Energy to release FY2024 earnings on April 30 After-Market BJT, forecast revenue CNY 1.462 B, EPS CNY -2.5

Power New Energy to Release FY2025 Q1 Earnings Report on April 30 After-Market BJT

Pawa Co. Received Warning from Zhejiang Securities Regulatory Bureau for Financial Reporting Issues, Stock Price Dropped Over 8%

Power New Energy released FY2024 annual earnings on February 27 After-Market (BJT), actual revenue CNY 956.9 M (forecast CNY 1.462 B), actual EPS CNY -5.47 (forecast CNY -2.5)

Power New Energy released FY2024 Q4 earnings on February 27 After-Market (BJT), actual revenue CNY 179.72 M, actual EPS CNY -2.7362

Pawa Co., Ltd. Expects a Net Loss of 900 Million to 1.345 Billion in 2024, a Year-on-Year Decrease of 1281.33% to 824.31%

Pava Co., Ltd. signs strategic cooperation agreement with Lepu Sodium Electric, plans to purchase no less than 5,000 tons of sodium-ion battery cathode precursors over the next three years

688184

On September 7th, ST Power New Energy announced that one of the common actual controllers and director Zhang Bao is suspected of embezzlement by Zhuji City

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Less than 3 years after going public, Power New Energy's over 100 million yuan in funds were misappropriated by the actual controller

According to the Zhitong Finance APP, ST Power New Energy announced that the company has received a "Notice of Case Filing" delivered by the China Securities Regulatory Commission. Zhang Bao (one of the company's co-actual controllers and a director) has also received a "Notice of Case Filing" from the CSRC. The company and Zhang Bao are under investigation for suspected violations of information disclosure laws and regulations, and a case has been filed against both. In addition, the company has learned that the Zhuji City People's Procuratorate has legally made an arrest decision against Zhang Bao for the crime of embezzlement

Zhitong

ST Power New Energy: The China Securities Regulatory Commission has filed a case against the company and Zhang Bao

According to the Zhitong Finance APP, ST Power New Energy announced that on August 1, 2025, the company received a "Case Decision Letter" issued by the public security authority. One of the company's actual controllers and directors, Zhang Bao, is suspected of embezzlement and is under investigation by the public security authority

One of the actual controllers and director of ST Power New Energy, Zhang Bao, is suspected of embezzlement and has been placed under investigation by the public security authorities

ST Power New Energy has had its actual controller Zhang Bao occupy company funds amounting to 191.3388 million yuan, and the announcement will implement other risk warnings starting from July 28, 2025. Zhang Bao has returned 30 million yuan, and the company will continue to urge him to return the principal and interest. The stock abbreviation and code remain unchanged

ST Power New Energy stocks are subject to additional risk warnings

ST Power New Energy announced that it will repurchase shares through a centralized bidding method, with the repurchase amount between 10 million yuan and 20 million yuan, and the repurchase price not exceeding 13.88 yuan per share. This move aims to stabilize the company's stock price in accordance with the "Stock Price Stabilization Plan," and the repurchased shares will be used for the employee stock ownership plan or equity incentives

ST Power New Energy plans to repurchase shares worth between 10 million and 20 million yuan

ST Power New Energy stated at the 2024 Science and Technology Innovation Board battery industry collective performance briefing that with the growth of applications such as energy storage, the cost of sodium battery cells continues to decline. It is expected that this year, the cost will partially overlap with that of lithium iron phosphate battery cells, and will be basically on par next year. There is still room for cost reduction in materials and processes for sodium batteries, and a cost advantage is expected to emerge in the future

ST Power New Energy: It is expected that the cost of sodium battery cells will overlap with that of lithium iron phosphate battery cells this year and will be basically flat next year

Power New Energy announced that due to Tianjian Certified Public Accountants issuing a negative audit report on the company's internal control for the 2024 financial report, according to relevant regulations, the company's A-share stock will be subject to other risk warnings, and the stock abbreviation will be changed to ST Power New Energy. The suspension date is April 30, 2025, and the implementation start date is May 6, 2025

Power New Energy: The company's A-share stock will be subject to other risk warnings

Power New Energy's stock price once fell over 8% during the trading session, hitting a low of 12.37 yuan, a new low since the end of September last year, with a total market value barely holding at 2 billion yuan. In terms of news, after being warned due to a "face change" in performance forecasts for 2024, on the evening of March 25, Power New Energy received a warning letter from the Zhejiang Securities Regulatory Bureau. The regulator pointed out that Power New Energy's 2023 annual report and multiple periodic reports for 2024 had issues such as inflated operating income, insufficient provision for inventory write-downs, and inflated construction projects, as well as "irregular management of seal usage," raising doubts about the authenticity of information disclosure

After receiving another warning letter, Power New Energy's stock price once dropped over 8% during the trading session

Power New Energy released its 2024 annual performance preliminary report, showing a total operating revenue of 1.037 billion yuan during the reporting period, a year-on-year decrease of 11.48%, and a net loss attributable to the parent company's owners of 1.097 billion yuan. The sales volume of lithium battery ternary sector products increased significantly, with the sales volume of sodium battery positive precursor products increasing by over 300% year-on-year. However, due to the decline in raw material prices and intensified market competition, the average shipment price of products decreased year-on-year, leading to a decline in the company's revenue indicators

Power New Energy reported a net loss of 1.097 billion yuan for the fiscal year 2024

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Wind data shows that as of the close on February 26, 177 stocks have risen for 5 consecutive trading days or more. Innovent Biologics, ZHIYANG INNOVATION have risen for 9 consecutive trading days, while GUOMAO REDUCER, INVT, and Power New Energy have risen for 8 consecutive trading days. In terms of cumulative gains, Mingyang Smart Energy has a cumulative gain of 86.80% during its rising period, while Shanghai DragonNet Technology Co., Ltd. has a cumulative gain of 76.92% during its rising period

Power New Energy(688184.SH)