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SINEXCEL Achieves Recognition from Forbes Asia

In a spectacular achievement, SINEXCEL (300693.SZ), a global leader in energy storage, electric vehicle charging solutions, and power quality management, has been named to the prestigious Forbes Asia 'Best Under A Billion' list for 2026. This accolade marks the second time the company has been honored, previously receiving the same recognition in 2023.

The 'Best Under A Billion' list, published in the August 2026 edition of Forbes Asia, highlights 200 publicly traded companies selected from a pool of over 19,000 enterprises across the Asia-Pacific region. To qualify, companies must demonstrate annual revenues between $10 million and $1 billion, alongside rigorous criteria assessed based on factors such as indebtedness, revenue growth, and earnings per share over one- and three-year periods. The evaluation also weighs corporate governance, accounting practices, environmental responsibility, and management reliability to spotlight firms that exhibit sustainable and robust performances.

SINEXCEL stood out amid the competition; it was one of the 28 Chinese companies featured in this year's list, acknowledged for its strong financial performance and sustainable business growth.

Growth Powered by Innovation

SINEXCEL continues to exhibit remarkable business momentum with a cumulative annual growth rate (CAGR) of 35.05% for revenues and 35.04% for net profit attributable to shareholders over the past five years. The company's return on equity (ROE) and return on invested capital (ROIC) both exceed 20%, showcasing its operational efficiency and profitability.

From 2019 to 2025, SINEXCEL invested over $176 million (approximately €157 million) in research and development. By 2025, nearly 30% of its workforce, consisting of over 2,600 employees, were technical specialists, underscoring the firm's commitment to innovation and excellence. With a customer-centric approach and a long-term vision, SINEXCEL persistently refines its management practices, bolstering its market competitiveness and operational resilience.

A Leader in Key Energy Technologies

Since its inception in 2007, SINEXCEL has achieved significant milestones, including installing 17 GW of energy storage capacity, deploying over 200,000 DC chargers for electric vehicles, providing active harmonic filters with a total current rating of nearly 20 million amperes, and executing over 700 global projects focused on power quality in data centers. Moreover, BloombergNEF recognized SINEXCEL as a Tier 1 manufacturer of power inverters during the first to third quarters of 2026.

In addition to its technological advancements, SINEXCEL is committed to enhancing its ESG management framework. At the 2025 Brandon Hall Group Excellence in Action Awards™, which honor achievements in human capital management, the company received a silver award for Advancement and Succession, along with a bronze award for Diversity, Equity, and Inclusion.

Supporting Global Energy Freedom

Receiving the Forbes Asia accolade for a second time reaffirms SINEXCEL's dedication to sustainable development and technological excellence. The company continues to foster innovations in power electronics, strengthen global partnerships, and deliver reliable and efficient energy solutions to support energy freedom worldwide. Through these efforts, SINEXCEL exemplifies how businesses in the energy sector can thrive while contributing to a greener and more sustainable future.