Xinte Electric (301120.SZ): Its relevant business operations have not yet achieved profitability at scale and are currently steadily expanding market share while continuing to reduce losses.

Gelonghui, June 10 — XinTe Electric (301120.SZ) stated on an interactive platform that its liquid-cooled energy storage products include liquid-cooled PCS and integrated liquid-cooled energy storage systems. The company collaborates with multiple industrial and commercial enterprises as well as energy service providers, and these products have already achieved mass deployment. Currently, the related business has not yet reached profitability at scale and is steadily expanding its market presence while continuously reducing losses.

Gelonghui FinanceJun 10 15:28

Express News | Power grid equipment stocks tumbled sharply, with Liangxin Shares hitting the daily trading limit down.

BreakingsJun 2 09:58

China Merchants Securities: The solid-state transformer market offers vast potential, and leading Chinese enterprises are well-positioned to overtake competitors through technological leapfrogging.

Currently, foreign investment is driving SST toward high-voltage and high-power applications, and leading Chinese enterprises are also accelerating their upgrades.

Zhitong FinanceMay 20 14:06

Express News | The power grid equipment sector saw an unusual upward movement, with Keli Ke achieving a 5-day 3-board surge.

BreakingsMay 19 11:03

XinTe Electric (301120.SZ): Currently, the company's key core component for solid-state transformers (SST), the medium-voltage high-frequency transformer, is in the sample testing phase.

Gelonghui, May 13th: Xinte Electric (301120.SZ) stated on the interactive platform that the key core component of the company's solid-state transformer (SST), the medium-voltage high-frequency transformer, is currently in the sample testing phase. Meanwhile, the company has jointly established a research center with universities, focusing on the development of power electronic equipment for energy storage systems, green electricity direct connection and efficient integration of new energy, power supply systems for data centers (solid-state transformers SST, large-capacity medium-frequency DCT), and key transformer equipment for photovoltaic grid connection and flexible transmission, all of which are high-growth, high-technical barrier application scenarios.

Gelonghui FinanceMay 13 21:19

XinTe Electric (301120) Reverses Annual Loss to Profit; SST Layout Continues to Strengthen

The company turned a profit for the full year, with profitability remaining stable. In 2025, the company achieved revenue of 421 million yuan, representing a year-on-year increase of 11.70%; net profit attributable to shareholders reached 43 million yuan, reversing the previous year's loss; non-recurring net profit was -4 million yuan.

Guosen SecuritiesMay 12 13:06