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Leading Technology: Subsidiary signed a 1.17 billion yuan energy storage system sales contract.

28/04/2025

On the evening of April 28th, Lingpai Technology announced that its wholly-owned subsidiary, Hunan Lingpai Energy Storage Technology Co., Ltd., recently signed a "Energy Storage System Procurement Contract" with Xinjiang Kehui Electric Power Technology Co., Ltd. The contract, with a value of 117 million yuan, is a purchase contract and not part of a framework agreement. The fulfillment of the contract is expected to have a positive impact on the company's operating performance in 2025.

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Each AI Express, HuaYuan Securities released a research report on April 28th, giving "Three Trees" (603737.SH) a recommendation to hold. The main reasons for the recommendation include: 1) optimization of channel structure, overall pressure on gross profit margin; 2) strengthening of cost control, significant increase in net profit attributable to shareholders; 3) the competitive advantage in the paint industry is gradually becoming apparent, and Three Trees is expected to welcome the "Davis Double-Click" ahead of the industry. (Daily Economic News)

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