Desay Battery H1 2026 Net Profit RMB 205 Million, Up 110.44%

Desay Battery disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB 10.716 billion, up 9.78% year-on-year; net profit attributable to shareholders of the listed company was RMB 205 million, up 110.44% year-on-year; basic earnings per share were RMB 0.5337.

The report shows that the company's two strategic emerging businesses, storage battery cells and SIP advanced packaging, are performing well. With continued expansion of storage market demand and stabilization and recovery of storage cell product prices, the operating results of the storage cell business improved. In the first half of 2026, the storage cell business achieved operating revenue of RMB 1.346 billion (including internal sales), up 696.64% year-on-year, and turned from loss to profit. The SIP advanced packaging business achieved operating revenue of RMB 1.446 billion (including internal sales), up 20.05% year-on-year.

According to the announcement, the company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserve into share capital.