Nuode Investment Co Ltd

Nuode Shares disclosed its half-year report, showing first-half operating revenue of 6.433 billion yuan, up 113.33 percent year-on-year, and net profit attributable to shareholders of the listed company of 103 million yuan, compared with a loss of 72.4329 million yuan in the same period last year, swinging to profit. Basic earnings per share were 0.0598 yuan. The company said the supply-demand pattern in the lithium battery copper foil industry has completely reversed, with low-end backward capacity continuously eliminated and new capacity additions slowing down. Coupled with the release of demand from both power batteries and energy storage, copper foil processing fees have bottomed out and rebounded. Relying on its differentiated product layout of ultra-thin lithium battery copper foil and high-end electronic copper foil, the company's overall profitability has improved significantly both quarter-on-quarter and year-on-year.

Nuode New Materials released its semi-annual report for 2026, achieving net profit attributable to shareholders of the listed company of 103 million yuan, swinging to profit year-on-year. During the reporting period, the company achieved operating revenue of 6.433 billion yuan, up 113.33 percent year-on-year. Net profit for the second quarter was 63 million yuan, up 56 percent quarter-on-quarter from 40 million yuan in the first quarter.

Since the beginning of this year, multiple listed companies have joined hands with financial institutions and local state capital to intensively set up energy storage industry funds. Sungrow Power Supply's holding subsidiary Sungrow Renewables, together with Huatai Baoli and Huatai Asset Management, jointly established the Suzhou Huaxu Fund with a total committed capital of 1 billion yuan, of which Sungrow Renewables committed 199 million yuan. The fund will invest in wind power, centralized photovoltaic, and energy storage projects, requiring a single investment installed capacity of over 200 megawatts and an overall capital internal rate of return of no less than 8 percent. Senior Energy Materials participated in setting up the Shenzhen Yuanzhi Xingyuan Venture Capital Fund, planned at 500 million yuan, with Senior Energy Materials committing 151 million yuan, mainly investing in key projects such as headquarters research and development and production manufacturing across the entire new energy storage industry chain. Kaibo Capital, together with CALB, Shengtun Group, Nuode New Materials, Hymson Laser, and Guoxia Technology, initiated the Kaibo Co-creation Fund with a total scale of 5 billion yuan and an initial registered scale of 1.6 billion yuan, covering the entire industry chain of resources, materials, equipment, battery cells, and application scenarios. State capital is also accelerating its entry. Tagen Group, together with Shenzhen Capital Group and Sunwoda, jointly launched the Yuanzhi Jianxin Energy Storage Asset Private Equity Fund with a total scale of 500 million yuan, focusing on electrochemical energy storage stations and integrated solar-storage-charging stations. Corun participated in setting up an energy storage fund with a target scale of 2 billion yuan, with partners including enterprises with state capital backgrounds from the Tianjin Binhai New Area. Mo Ke, founder of Zhenli Research, stated that this model, by combining the industrial resources of listed companies with the power of capital, provides projects with clearer industrial synergy and exit pathways, and has become a common industrial investment approach in the new energy sector.