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Haineng Technology's revenue reached 28.61 billion yuan in 2025, increasing by 17.90%. Although its core business HVO accounted for over 50%, the company still reported a net loss of 5.72 billion yuan.
In 2025, the company's revenue reached 2.861 billion yuan, representing a year-on-year increase of 17.90%. The core businesses of HVO and environmentally friendly materials accounted for 86.38% of total revenue, while overseas income constituted 67.03%. The net profit attributable to shareholders remained at -572 million yuan but narrowed by 40.12%, mainly benefiting from improvements in gross margin and net margin as well as non-recurring gains contributing 85 million yuan. The fourth quarter saw concentrated losses, with operating cash flow under significant pressure, and the change in controlling shareholder did not alter the actual control relationship.
Hai Xin Energy Technology: First Quarter Report for 2026
Hai Xin Energy Technology: 2025 Annual Report
Hai Xin Energy Technology: Summary of the 2025 Annual Report
Haineng Technology (300072.SZ): The bioenergy products produced by the company are mainly exported to regions such as the European Union, Japan, and South Korea.
Hai Xin Neng Ke (300072.SZ) stated on the investor interaction platform that the bioenergy products it produces are mainly exported to regions such as the European Union, Japan, and South Korea.
Haineng Technology (300072.SZ): No independent ammonia-hydrogen storage and transportation projects at present.
Haineng Technology (300072.SZ) stated on the investor interaction platform that its main business focuses on bioenergy and catalytic purification environmental materials. The core development direction is bioenergy, including hydrocarbon-based biodiesel (HVO) and sustainable aviation fuel (SAF). The company currently does not have independent ammonia-hydrogen storage and transportation projects but mainly offers products such as hydrogen production catalysts, deoxygenation agents, and ammonia synthesis catalysts in the ammonia-hydrogen field.