Sungrow Power's stock surges amid H-share issuance plans

Sungrow Power Supply's stock experienced an abnormal fluctuation, with its closing price increasing by over 30% for three consecutive trading days from September 3rd to September 5th, 2025. This followed the company's disclosure of its 2025 half-year report on August 26th, 2025, which reported a net profit attributable to shareholders of RMB 7,734,577,947.85, a 55.97% increase year-on-year.

Alongside the strong earnings, the company announced a half-year profit distribution plan of RMB 9.50 cash dividend (tax included) per 10 shares, totaling RMB 1,949,898,142.95. Furthermore, Sungrow Power is planning to issue H-shares and apply for a listing on the Main Board of The Stock Exchange of Hong Kong Limited.

The proposed H-share issuance and listing remain subject to shareholder and regulatory approvals. The company emphasized that the successful implementation of this H-share plan carries significant uncertainty.