CALB Group Co., Ltd. (“CALB” or the “Company”, stock code: 3931. HK) revealed its unaudited condensed combined interim outcomes for the 6 months ended June 30, 2026 (the “Reporting Period”). Throughout the Reporting Period, the Company tape-recorded earnings of around RMB27.08 billion, representing a year-on-year boost of 65.0%, and net earnings of roughly RMB1.52 billion, representing a year-on-year boost of 102.2%. The strong development in the Company’s outcomes was generally attributable to the growth of brand-new consumers and application circumstances, in addition to the continued ramp-up of brand-new items throughout guest lorries, business automobiles and energy storage, driving continual development in company scale.
According to data from leading market companies, worldwide power battery setups reached 608.5 GWh in the very first half of 2026, representing a year-on-year boost of 20%, while international energy storage cell deliveries reached 467.84 GWh, up 94.76% year-on-year, showing the continued fast development of the international brand-new energy market.
Over the last few years, CALB has actually continued to advance its 2 core companies of power batteries and energy storage, while broadening into application situations consisting of brand-new energy vessels, low-altitude movement and robotics. With continued development in innovations and items and additional growth into domestic and abroad markets, the Company’s service portfolio has actually continued to widen.
Broad Coverage of Mainstream Automakers, with Global Power Battery Market Share Continuing to Rise
In the guest car section, CALB’s client portfolio has actually continued to enhance, with broad protection of mainstream car manufacturers and constant development in its premium and internationalization methods. The Company has actually ended up being a tactical partner in platform-based battery systems consisting of Huawei’s Giant Whale Battery and Xiaomi’s Dragon Armor Battery, offering core power battery services for a series of automobile designs and series, consisting of the LUXEED R7, LUXEED RX, SAIC Z7, and Xiaomi SkyNomad N70 Max and N90 Max, covering both LFP and ternary battery chemistries. CALB’s “UP super-charged” batteries, with their strong and steady fast-charging efficiency, are specifically provided for flagship designs consisting of the XPeng GX and G9L, and throughout the XPeng MONA lineup.
Throughout the reporting duration, CALB offered steady power battery products for clients consisting of XPeng, Huawei, GAC and Leapmotor, while supporting international automobile designs from consumers consisting of Toyota and Mazda. New abroad platform tasks with Volkswagen and Hyundai are advancing quickly, and the power battery plant collectively developed with Leapmotor is anticipated to start operations quickly. CALB’s traveler car power battery supply volume continued to grow, with abroad setups increasing by 84% year-on-year, showing a sped up worldwide growth.
In the business car section, CALB’s battery deliveries increased by 225% year-on-year in the very first half of 2026, with 206 recently revealed lorry designs. The Company’s market share in both China and worldwide continued to increase, while cooperation with significant heavy- and light-duty business lorry clients consisting of Sinotruk, XCMG, SANY, SHACMAN, Chery, Geely and Dongfengcontinued to broaden, driving additional market penetration.
CALB’s industrial automobile service is developing from battery item sales towards complete life-cycle worth operations in the brand-new energy industrial car sector. Sturdy business applications, consisting of heavy trucks and building and construction equipment, have actually ended up being crucial elements of the Company’s business car service. An incorporated “vehicle-battery-charging station-cloud” environment for business car applications is slowly taking shape, while company designs consisting of battery banking and monetary leasing have actually been effectively piloted. Presentation jobs in green mines and zero-carbon ports have actually likewise gotten strong acknowledgment from consumers.
Utility-Scale Energy Storage Maintains Leading Position, with Overseas Business Gaining Momentum
CALB’s ESS service likewise preserved healthy development momentum. In the very first half of 2026, the Company ranked amongst the worldwide leading 4 in utility-scale energy storage, with progressively increasing deliveries and continued development in abroad setups. In the power energy storage sector, cooperation with significant energy business consisting of SPIC, Huadian, Datang and China Three Gorges Renewables continued to advance. CALB likewise dealt with leading system integrators such as Sungrow and Huawei, along with supply chain partners and end users, to advance technological, item and application developments throughout several situations, decrease running expenses of power systems and enhance general returns.In the zero-carbon environment, the Company has actually actively checked out brand-new company designs and made crucial development in emerging tactical locations consisting of direct green power supply and zero-carbon cities. Structure on these efforts, CALB is likewise advancing the advancement of source-grid-load-storage combination and virtual power plant platforms, while checking out paths towards city-level zero-carbon advancement.
CALB has actually actively broadened its domestic and industrial and commercial energy storage organizations, protecting task elections from several leading clients and attaining steady shipments, with market efficiency ranking amongst the market leaders. In emerging locations such as AIDC, the Company has actually been actively checking out energy storage innovations and item services, and has actually finished the advancement of 6C high-rate energy storage systems to attend to the backup power requirements of AIDC applications.To advance its internationalization technique and even more boost success, CALB has actually accelerated its abroad growth and attained favorable development. Throughout the reporting duration, the Company’s next-generation 600Ah+ ESS cells got in mass production at scale to fulfill abroad application requirements. Its liquid-cooled containerized energy storage systems have actually been released and provided in high-value markets consisting of Europe, Japan and the United States. Its property and business and commercial energy storage items now cover numerous abroad markets, with cooperation developed with clients in more than 10 nations and areas.
Broadening into Multiple Emerging Scenarios, with AI Driving a New Wave of Innovation
Beyond the 2 significant application locations of brand-new energy automobiles and energy storage, CALB has actually actively broadened into emerging application situations based upon its advancement viewpoint of “shared innovation platforms and shared item platforms.”
In the brand-new energy vessel sector, the Company has actually acquired accreditations from significant worldwide category societies consisting of DNV, ABS, BV, RINA and CCS, and tasks consisting of China’s very first CCS-certified carbon-fiber electrical main vessel have actually effectively begun operations. In the low-altitude movement sector, CALB’s high-energy round cells attain an energy density of as much as 310Wh/kg and have actually protected unique election for consumers’ crucial airplane designs. Its next-generation 360Wh/kg high-nickel, silicon-carbon round batteries are slowly getting in the preparation phase for commercialization. In the robotics market, high-performance battery items are anticipated to get in mass shipments, while 10Ah-class all-solid-state batteries are anticipated to enter their preliminary phase of industrial application.
Especially, CALB is constructing brand-new abilities for AI-driven R&D, production and operations under its “AI + Energy” method. On the R&D side, the Company is checking out the combination of AI with products science and simulation computing to speed up advancements in brand-new items. In production, CALB is incorporating AI with commercial huge information to drive the advancement of its assembly line towards higher intelligence. In operations, the Company is promoting much deeper combination of information and smart representatives to boost management and decision-making performance. By continually reinforcing its abilities in information, calculating power and AI designs, CALB is slowly developing a smart structure for business operations.
From premium growth in traveler lorries, to volume development and organization design development in business lorries, and sped up growth into international energy storage markets and early positioning in emerging markets, CALB has actually developed a multi-layered and gradually broadening development profile.Against the background of continued strong momentum in the brand-new energy market, CALB anticipates its market share and success to get in a sped up development stage as its consumer mix continues to enhance and international shipment abilities are gradually enhanced, even more improving its worldwide competitiveness and market impact.
About CALB
CALB (3931. HK) is a brand-new energy business concentrating on the research study, production, sales, and market application advancement of lithium batteries, battery management systems, and associated incorporated items and lithium battery products. As Battery Expert, we intend to develop a detailed energy operation system, to supply total item options and complete life-cycle management for the brand-new energy application market, represented by power and energy storage.
Presently, CALB has actually finished an overall design in domestic by establishing commercial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. CALB has actually set up bases in Europe and ASEAN, strongly broadening the design all over the world to end up being a worldwide leading business with massive smart production abilities.
Subject: Press release summary