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FLASH: EVE Energy announces 60 GWh power battery project, reports 2025 annual results with 26.4% revenue growth

Source: Mysteel Mar 31, 2026 11:31
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NEV & Battery

On the evening of March 27, EVE Energy announced that it plans to sign an Investment Cooperation Agreement with the Management Committee of Zhongkai High-tech Zone to build the EVE Energy 60 GWh Energy Storage (Power) Battery Manufacturing Project, with a total investment of approximately Yuan 6 billion.

 

On the same day, EVE Energy released its annual report. In 2025, the company achieved revenue of Yuan 61.47 billion, a year-on-year increase of 26.44%; Its net profit attributable to shareholders was Yuan 4.134 billion, up 1.44% YoY. And its net profit attributable to shareholders after non-recurring gains and losses was Yuan 3.096 billion, a year-on-year decrease of 2.09%; And basic earnings per share stood at Yuan 2.02. The company plans to distribute a cash dividend of Yuan 2.45 (tax-inclusive) for every 10 shares held.

 

In terms of shipments, in 2025, EVE Energy shipped 50.15 GWh of power batteries, a year-on-year increase of 65.56%; And 71.05 GWh of energy storage batteries, a year-on-year increase of 40.84%.

 

Edited by Cassie Li, lixiangying@mysteel.com

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