DBM Video: Deducting Non-net Profit Soars 7545.71%, Energy Storage Dark Horse Penghui Energy's Performance in the First Three Quarters Explodes

On October 23, two new energy projects in Suining, Sichuan, were launched simultaneously. Sichuan Huiqiang New Material Wet Diaphragm Project with an annual output of 2.8 billion square meters has a total investment of 2 billion yuan. Eight new wet diaphragms and 30 coating production lines have been built. 60% of the field leveling has been completed. Trial production is planned for August 2027. Huiqiang New Material is the core supplier of Ningde Times and BYD.

2026-10-27 15:00:17

On the evening of October 26, Penghui Energy released its report for the third quarter of 2026. In the first three quarters, the net profit attributable to the parent company increased by 928.81% year-on-year, and the operating income was 17.866 billion yuan, an increase of 135.67% year-on-year. The net profit attributable to shareholders of listed companies was 1.178 billion yuan, an increase of 928.81% year-on-year; Net profit after deducting non-recurring gains and losses was 1.202 billion yuan, up 7545.71% year on year.

2026-10-27 11:08:45

On October 24, Jiangsu Xiyuan Group announced the successful candidates for the 500 MW/2 GWh independent energy storage project in Hainan, Qinghai.

2026-10-26 15:23:11

On the evening of October 24, Rongbai Science and Technology announced that it planned to invest about 3.603 billion yuan to build an integrated project with an annual output of 200000 tons of sodium cathode materials in Xiangyang, Hubei Province. The construction period is expected to be 12 months, and construction is expected to start in November 2026.

2026-10-26 11:42:42

On October 21, Tesla disclosed its third quarter earnings in 2026. Overall revenue was flat at $28.05 billion, while net profit was down 43% at $787 million.

2026-10-23 11:02:30

On October 20, the announcement was issued before the implementation of the procurement of energy storage system equipment for the 250 MW/1000 MWh independent energy storage project in Hohhot, Inner Mongolia.

2026-10-22 16:49:52

On October 20, Tianqi Lithium disclosed its performance forecast, predicting to achieve net profit of 5.1 billion yuan to 6 billion yuan in the first three quarters of 2026, with a year-on-year increase of 2734.97% to 3235.26%; net profit after deduction of non-profits of 5.03 billion yuan to 5.93 billion yuan, with a year-on-year increase of 6957.09% to 8219.79%.

2026-10-22 14:50:15

On October 21, Shanshan issued a fixed increase plan announcement, intending to issue a shares to indirect controlling shareholder Conch Group, raising a total of no more than 4 billion yuan.

2026-10-22 11:00:14

Recently, the 200MW/800MWh independent new energy storage EPC project in Wusu City, Xinjiang issued a tender termination announcement. The original bid opening time of the project was October 21. The reason for the termination was that the project had undergone major changes.

2026-10-21 16:45:16

On the evening of October 20, Sunshine Power and Xinwangda announced that they would co-invest with professional investment institutions to set up a partnership to establish Shenzhen yuanzhi Juxin Shengrong Energy Storage Asset Private Equity Fund Partnership (Limited Partnership) with a total subscription of 1 billion yuan.

2026-10-21 15:14:03

On the evening of October 20, Ningde Times released its third quarter report for 2026. In the third quarter, the company realized revenue of 165.221 billion yuan, an increase of 58.58% over the previous year, and realized net profit of 21.246 billion yuan attributable to shareholders of listed companies, an increase of 14.54% over the previous year.

2026-10-21 11:06:42

On October 19, Huawei's smart car solutions subsidiary was expected to formally sign a strategic cooperation framework agreement with Ningde Times and Times Electric Service. The three parties will focus on the ecological construction of intelligent power exchange and create a new experience of senseless energy supplement for the era of automatic driving.

2026-10-20 15:32:19

On October 16, Jiangxi Ganzhou Nankang District Light Storage and Charging Clean Energy Integration Construction Project was tendered, with a construction and installation cost of about 474 million yuan. The tenderer, Ganzhou Nankang District Hongbo Commerce and Trade Co., Ltd., is a state-owned enterprise.

2026-10-20 11:05:21

On October 19, the National Energy Administration reported the handling of complaints and reports on the energy regulatory hotline in September 2026. Among them, people in Yinchuan, Ningxia reported through the 12398 hotline that there were hidden dangers in the quality of a centralized energy storage power station project invested by an electric power enterprise.

2026-10-19 15:24:00

On October 15, Yiwei Lithium Energy announced that the company expects a net profit of 5.068 billion yuan to 5.350 billion yuan attributable to shareholders of listed companies in the first three quarters of 2026, an increase of 80% to 90% over the same period last year; Net profit after deducting recurring gains and losses was 3.875 billion yuan to 4.262 billion yuan, an increase of 100% to 120% over the same period of last year, and the growth rate of deducting non-profits was even more prominent. At the same time, it is expected that business income in the first three quarters will increase by about 60% year-on-year.

2026-10-19 11:06:49

On October 13, Inner Mongolia Lvneng Chuangyan Qingshuihe County 600 MW/2400 MWh Independent Energy Storage Project EPC started bidding, the tenderer is Lvneng Chuangyan Investment and Development (Guangxi) Co., Ltd., the total investment of the project is about 2.4 billion yuan, equivalent to EPC unit price of about 1 yuan/Wh.

2026-10-15 16:48:18

On October 15, Zeng Yuqun, chairman of Ningde Times, donated 1.5 million shares of Ningde Times to Ningde Institute of Advanced Studies of Shanghai Jiaotong University at the 2026 World Energy Storage Conference, which is worth about 400 million yuan according to the current share price.

2026-10-15 15:22:38

On October 14, Deye disclosed its performance pre-increase announcement for the first three quarters of 2026. It is estimated that in the first three quarters of 2026, the net profit attributable to the owner of the parent company will be 4.22 billion yuan to 4.32 billion yuan, an increase of 1.873 billion yuan to 1.973 billion yuan, an increase of 79.81% to 84.07% compared with the same period last year. Net profit in the third quarter is expected to be 1.503 billion to 1.602 billion.

2026-10-15 11:03:53

Around 11 am local time on October 12, a fire broke out in the finished product warehouse of a lithium battery manufacturing plant in Tangjin, South Korea. After receiving the alarm, the local fire department rushed to the scene, and the fire was completely extinguished at 1:58 p.m. that day.

2026-10-14 15:39:58

Sudden changes in the billion-level energy storage project in Jimotai District, Qingdao, Shandong! On October 11, the local trading platform issued a notice of bid rejection, and the EPC project of the second phase of energy storage in the urban distribution network with a total investment of more than 1 billion yuan was terminated.

2026-10-14 11:07:43

On October 12, Nandu Power issued a major litigation announcement. The company and its four subsidiaries, including Yangzhou Nandu, recently received a summons from the Yangzhou Intermediate People's Court. Due to disputes over financial loan contracts, they were sued by Yangzhou Hanjiang Branch of China Construction Bank, involving 210 million yuan. At present, the case has been filed and the first instance has not yet been heard.

2026-10-13 17:08:00

Recently, the Zhejiang Energy Bureau issued the Zhejiang 2026 New Energy Storage Project Construction Plan. A total of 26 projects are included in the plan, with a total scale of 1.67 GW/3.38 GWh, involving China Resources/State Power Investment/Datang/Zhengtai/Xinwangda/Jingke, etc.

2026-10-13 15:15:12

On October 10, CGN New Energy Ningxia Lingwu 500 MW/2 GWh grid-side shared energy storage power station EPC tender, the tenderer is CGN New Energy Lingwu Co., Ltd., plans to start construction on November 20, 2026, and complete all grid-connected power generation by May 10, 2027.

2026-10-13 11:13:24

On October 12, South Grid Energy Storage announced that on October 10, the board of directors of the company received a written resignation report submitted by Chairman Liu Guogang. As he reached the legal retirement age, Liu Guogang applied to resign as chairman, director, member of the Strategic and Sustainable Development Committee, convenor and member of the Nomination Committee of the ninth board of directors of the company. Liu Guogang's resignation will take effect on the date of the election of the new chairman of the company.

2026-10-12 17:06:15

On October 10, Ningde Times and Celis Group signed a long-term strategic cooperation agreement in Chongqing, and the two sides will deepen cooperation in battery safety, industrial chain coordination, global ecological cooperation and other fields.

2026-10-12 15:28:56

On the evening of October 11, Apollo Power, a listed company in Taiwan, announced the conclusion of the "AIDC and Enterprise Strong Grid Cooperation Strategic Alliance" with Taiwan Tesla Automobile Co., Ltd., Gigabyte Technology, Qunlian Electronics and Shilin Electric Machinery Factory.

2026-10-12 11:38:52

On October 9, the Zimbabwean government officially made it clear that the ban on the export of lithium concentrates, originally scheduled for January 2027, would not be extended.

2026-10-10 15:24:59

On October 8, Ningxia Xindian Huitong Zhongning County 200 MW/800 MWh Energy Storage Power Station Project issued a tender announcement, the tenderer is Ningxia Xindian Huitong New Energy Technology Co., Ltd.

2026-10-09 15:14:49

Recently, China Nuclear Group announced the successful candidates for the first-level centralized procurement project of lithium iron phosphate energy storage system from 2026 to 2028.

2026-10-09 10:57:39

On October 1, the media reported that new progress had been made in lithium prospecting in western Sichuan, with an additional lithium carbonate equivalent of about 1.0468 million tons. After the completion of the reserve increase, the cumulative lithium carbonate equivalent of Maerkang Jiada Lithium Mine in Sichuan reached 2.531 million tons, further expanding the scale of the deposit and continuing to consolidate its status as a super-large pegmatite lithium mine.

2026-10-08 16:20:41

Tianci Material, the global electrolyte leader, has officially entered the countdown to H-share issuance! On October 5, Tianzhi Material passed the hearing of listing on the main board of the Hong Kong Stock Exchange, with JPMorgan Chase, CITIC Securities and Guangfa Securities as co-sponsors, which is closer to the listing of A + H.

2026-10-08 11:51:57

On September 28, Guoxuan Gaoke announced that it would set up three joint ventures with Volkswagen's PowerCo SE in Spain, Slovakia and Morocco to build lithium battery and lithium iron phosphate cathode bases with a total investment of 3.222 billion euros (equivalent to 246.06 yuan). Among them, China Xuan contributed about 1.598 billion euros.

2026-09-29 16:47:25

On September 28, Beijing Guozong Green Energy Integrated Energy Services Co., Ltd. announced the results of centralized procurement suppliers of lithium iron phosphate electrochemical energy storage system equipment in the second half of 2026, which were divided into three bidding sections and 36 enterprises were shortlisted, with an estimated procurement scale of about 4 GWh.

2026-09-29 14:49:53

Recently, Dongyang Branch of the Bureau of Ecology and Environment of Jinhua City, Zhejiang Province, plans to approve the EIA document of Hengdian Dongci's new high-efficiency lithium battery project with an annual output of 10 gigawatt hours.

2026-09-29 11:11:11

On September 24, Yiwei Lithium Energy announced the transfer of 45% of Hubei Enjie's equity to Shanghai Enjie at a price of 1.15 billion yuan. Yiwei Lithium Energy said that the main reason for the transfer was to optimize the asset structure, concentrate superior resources to develop the main business, recover investment costs and improve asset liquidity.

2026-09-28 15:34:43

On September 23, Chenfeng Science and Technology announced that the consortium of holding Sun Company signed a termination agreement to terminate the EPC contract of 200MW/800MWh grid-side independent energy storage power station in Erlianhot City, Inner Mongolia, with a total contract value of 712 million yuan.

2026-09-28 11:13:29

On the morning of September 22, a fire broke out in an outdoor container-type lithium battery energy storage system of the Metropolitan Water Authority of Southern California in Raven, California, accompanied by an explosion, triggering a large-scale evacuation and shelter-in-place directive.

2026-09-23 17:05:03

On September 22, Shanshan issued a foreign investment announcement that the company intends to build an integrated base project with an annual output of 150000 tons of lithium-ion battery anode materials in the equipment manufacturing industrial park of Qingshan District, Baotou City, Inner Mongolia, which is also the first major industrial investment project of Shanshan after the formal ownership of Anhui state-owned assets in July this year.

2026-09-23 15:01:24

On September 15, Sichuan Development and Reform Commission announced that the energy-saving report of Liding Material, a wholly-owned subsidiary of China Innovation Airlines, with an annual output of 300000 tons of lithium iron phosphate project was approved in principle. The unit energy consumption of the project is 723.64kgce/t, and the electricity consumption is 3711.2 kwh/ton, which is superior to the provincial energy efficiency benchmark.

2026-09-22 14:29:22

The Rising Tide of Optical Storage Industry Is Coming! On September 20, Guruiwatt issued a price adjustment notice. Affected by the rising raw materials in the upstream and the tight supply of core devices, production costs continue to rise.

2026-09-22 11:01:05

Recently, the video of "Ningde Times Yibin Base Managers Restricting Employees to Go to the Toilet, Leading to Employees'Emotional Collapse and Excessive Rights Protection" spread all over the Internet, triggering a lot of heated discussions.

2026-09-21 15:49:52

The Yichun Xiawo Lithium Mine Project in Ningde Times, which was urgently suspended due to the dispute over the compliance of the publicity website, has made new progress after the rectification.

2026-09-21 11:44:40

On September 18, the Moss Landing Energy Storage Station in Monterey County, California, caught fire again. The fire point was the damaged battery area that had not been completely cleared since the catastrophic fire in 2025. The accident did not cause casualties.

2026-09-20 16:50:37

On September 17, the 100 MW/400 MWh lithium iron phosphate and sodium ion network independent energy storage project in Yizhou District, Hami, Yanyang, Xinjiang was terminated.

2026-09-20 14:53:06

Recently, Sunshine Power signed nearly 2.6 GWh of overseas energy storage orders, mainly from two contracts signed on September 15 and 17, distributed in Southeast Asia and Europe.

2026-09-20 11:32:22

On September 18, Yiwei Lithium Energy issued the Announcement on the Signing of the Supply Framework Agreement between Yiwei Power and Fluence. Recently, Yiwei Power and Fluence, a subsidiary of the company, further confirmed the expansion of cooperation based on the previous friendly cooperation. In 2027-2031, Yiwei Power signed a supply agreement to deepen cooperation in the production and delivery of 206 GWh batteries to Fluence.

2026-09-18 14:55:14

On September 17, Hunan Yuneng, the leading stock of lithium iron phosphate, announced that Ningde Times, the shareholder of the company, had reduced 17.4597 million shares of the company through centralized bidding and bulk trading from June 26 to September 16, 2026, accounting for 2.06% of the total equity.

2026-09-18 11:14:48

On September 16, Huadian Liaoneng announced that it would increase its capital by 200 million yuan to Duolun Company, a holding new energy subsidiary, to build a large-scale independent energy storage power station project. This capital increase is contributed by the two major shareholders in proportion to their shareholdings, and all the funds are used as project capital.

2026-09-17 17:10:33

Recently, U.S. Transportation Secretary Sean Duffy publicly pressured Ford, accusing it of deep cooperation with Ningde Times, Geely and BYD on the grounds of supply chain security and national security, and demanding that Ford cut off or reduce relevant cooperation and abandon Chinese battery technology. Shares of Ford fell more than 5% on Tuesday on the news.

2026-09-17 15:24:07

Recently, the State Administration of Market Supervision and Administration disclosed that Ningde Times completed the anti-monopoly review of the acquisition of shares of Chongqing Yaoning New Energy Technology Co., Ltd. and was unconditionally approved.

2026-09-16 10:53:14