Energy storage shipments "overtaking" power, eve energy co.,ltd. H1 performance decline, energy storage batteries gradually becoming the focus of the business | Financial report interpretation

Eve Energy Co., Ltd. achieved a revenue of 21.659 billion yuan in H1, a year-on-year decrease of 5.73%; its net income attributable to shareholders was 2.137 billion yuan, a year-on-year decrease of 0.64%. In Q2, the company's shipment of energy storage batteries exceeded that of power batteries, resulting in a year-on-year increase of 9.93% in revenue from energy storage batteries in the first half of the year, while revenue from power batteries decreased year-on-year.

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