• China Anchu Energy Storage Group published annual report for year ended Dec. 31, 2025, showing sharp revenue contraction tied to disruption in industrial products exports to Saudi Arabia.
• Industrial products operations ran at minimal levels in first half of 2025 due to Red Sea shipping disruption, higher logistics costs, weaker demand for PRC-made goods, pressure on pricing, and slower receivables collection.
• Activity in industrial products resumed on limited basis in late 2025 following easing of Red Sea crisis, with group still negotiating settlement plans for outstanding receivables.
• Menswear apparel business in PRC stayed weak, with lower selling prices and softer demand weighing on wholesale volumes and driving a smaller distribution footprint.
• Energy storage battery unit remained in trial production, with zinc-bromine flow battery automation and capacity expansion still in progress, supported by equipment procurement agreements with subsidiaries of PRC state-owned enterprises.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Anchu Energy Storage Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260429-12131960), on April 29, 2026, and is solely responsible for the information contained therein.