Ruipu Lanjun has made progress in energy storage, but still faces profit pressure

Ruipu Lanjun has achieved certain results in the energy storage business, with energy storage battery revenue reaching 6.985 billion yuan, accounting for more than half of the company's total revenue. However, the company still faces profit pressure, with gross profit falling sharply by 73.0% in 2023 and gross profit margin falling to 2.1%.