Sichuan New Energy Power Co., Ltd. Class ASZSE: 000155

Sichuan New Energy Power Company: Lithium revenue soared 197% as new capacity ramped up, offsetting wind/solar declines

· Issued by Sichuan New Energy Power Co., Ltd. Class A

Revenue rose 17.83% year-over-year to ¥3.60 billion, led by lithium business growth, but net profit fell 30.87% due to lower wind/solar profits and higher impairments. Lithium segment revenue surged 197.1% as new capacity came online, while wind/solar output dropped over 20% amid grid and market challenges.

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