Baiwei Storage: Revenue in 2025 is expected to increase by 49.36% - 79.23%, with a significant increase in net profit.

BW Storage announced that it is expected to achieve a revenue of 10 to 12 billion yuan in 2025, an increase of 49.36% to 79.23% year-on-year; a net profit of 850 million to 1 billion yuan, an increase of 427.19% to 520.22% year-on-year. Non-GAAP net profit is expected to be 760 million to 900 million yuan, an increase of 1034.71% to 1243.74% year-on-year. The revenue, net profit, and non-GAAP net profit in the fourth quarter of 2025 are expected to increase significantly. The company's performance improvement is due to the recovery of storage prices, delivery of key projects, and growth in the AI emerging edge field. The company will increase research and development investment and attract industry talent. The forecast data is unaudited, subject to the annual report.