SFSY ENERGY (00750) announces its performance for 2025. The company's owners' share of profit is approximately 28.14 million yuan, achieving a turnaround from loss to profit.

SFSY ENERGY (00750) announced its performance for the year 2025, with operating income of approximately RMB 3.925 billion, a decrease of about 12.5% year-on-year. The company's net profit attributable to owners is approximately RMB 28.14 million, achieving a turnaround from losses to profits. The announcement stated that the decrease in revenue was mainly attributed to: (i) the uncertainty of electricity price policies in various provinces in the short term after the introduction of the new energy price market reform policy "Document 136" by the state in January 2025, leading to an overall decrease in industry investment, resulting in a significant reduction in the Group's new energy EPC business. At the same time, from the perspective of prudent operation, the Group slowed down the acquisition of new energy indicators and project grid connection progress during the reporting period in order to "maintain stability" to safeguard the company's overall financial condition and ensure investment returns are certain; (ii) the operating capacity of three self-operated power stations under the Group was temporarily reduced due to extreme weather conditions, leading to a decrease in electricity sales revenue compared to the same period last year; and (iii) the Group actively shifted its strategy in the glass curtain wall business in mainland China from "expansion of scale" to "quality of profit," focusing on selected opportunities. The increase in net profit was mainly due to: (i) high-quality development of overseas business, with steady returns from green construction and high-end curtain wall business; (ii) a significant increase in revenue contribution from the new materials business; (iii) significant profits from asset acquisitions and mergers; and (iv) strengthened cost control, continuously reducing financing costs.