Jinlang Technology Reports a Dramatic 859.78% Increase in Q1 Net Profit!
On April 29, Jinlang Technology released its first-quarter report for 2025. During this period, the company’s revenue reached 1,517,642,435.90 yuan, marking an 8.65% year-on-year increase. The net profit attributable to shareholders of the listed company was 194,703,647.78 yuan, representing a remarkable 859.78% year-on-year surge.
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Related Reports:
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- Jinlang Technology’s Performance Reports
- PV Inverter Sector Updates
- China’s Inverter Industry Rapidly Rising to Global Dominance
As the Chinese energy storage industry shifts from competing on price and capacity to focusing on technology and value, Jinlang Technology continues to be a prominent player. The company’s commitment to innovation has been recognized, as it once again appears on the BloombergNEF Tier 1 list of global top-tier PV inverter manufacturers for Q1 2025.
In addition, Jinlang Technology has announced plans to raise up to 1.694 billion yuan for new projects, including medium and large power hybrid energy storage inverters, as well as to support operational liquidity.
In other news, the 2025-2026 annual procurement project for solar inverters from Datang Group has been announced, with a procurement scale of 16GW for high-power string inverters and centralized inverters.
Lastly, recent reports highlight that the global PV market continues to evolve, with significant shifts in component pricing and demand dynamics, reinforcing the importance of technological advancements and strategic partnerships in the industry.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/jinlang-technology-reports-859-78-surge-in-q1-net-profit-year-on-year/
