The energy storage industry is booming, and its profitability is increasing.

In the first three quarters of 2025, the energy storage sector achieved revenue of RMB 493.096 billion, a year-on-year increase of 14.61%; and net profit attributable to the parent company of RMB 70.187 billion, a year-on-year increase of 38.25%. The profit growth rate was significantly higher than the revenue growth rate, indicating that the scale effect of the energy storage industry is gradually being released and its profitability is continuously strengthening.