HuaBao New Energy H1 2026 Revenue Up 34.71%, Europe Sales Surge 123.15%

HuaBao New Energy released its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB 2.206 billion, a year-on-year increase of 34.71%, with a consolidated gross margin of 40.59%. By region, European market revenue grew 123.15% year-on-year, while North American market revenue rose 39.13%. The company's business now covers more than 50 countries and regions worldwide.

The company continued to deepen digital operations and refined channel management, focusing on technological innovation in consumer-grade full-scenario solar storage. R&D expenses increased 61.18% year-on-year in the first half, with the launch of several new smart home energy management system products, including the SolarVault 3 series. During the reporting period, revenue from core emergency backup power products exceeded RMB 350 million, and cumulative sales of the SolarVault 3 series approached 20,000 units.