Transformation of small power energy storage batteries Topband Interim Reports Lithium-ion battery product revenue of approximately 136 million

On the evening of July 29th, Topband (002139) disclosed its semi-annual report. In the first half of the year, the company realized operating income of 1.755 billion yuan, up 13.81% year-on-year; net profit was 183 million yuan, up 67.09% year-on-year. Basic earnings per share are 0.18 yuan. As of June 30, 2019, Topband's net assets attributable to shareholders of listed companies were 2.358 billion yuan; the net cash flow from operating activities was 122 million yuan, a year-on-year increase of 265.73%. The semi-annual report shows that Topband's current main business is in the form of 'one body and two wings'. The 'one body' is the Ru0026D, production and sales of intelligent controllers, and the 'two wings' are the Ru0026D, production and sales of high-efficiency motors and lithium-ion batteries. . The high-efficiency motor and lithium-ion battery business and the company’s core business, intelligent controllers, have good product and customer synergy. Together, intelligent controllers, high-efficiency motors and lithium-ion battery products constitute an integrated solution for intelligent control of the customer’s product and system. method. It is reported that after Topband's lithium battery business has transformed from the original car battery to a variety of small power energy storage batteries, business development has begun to accelerate. From January to June, Topband’s lithium-ion battery products achieved revenue of approximately 136 million yuan, accounting for 7.74% of total revenue. In addition, from January to June, Topband Motor and control system products achieved revenue of about 130 million yuan, accounting for 7.38% of total revenue; intelligent controller product revenue was about 1.417 billion yuan, accounting for 80.76% of total revenue .