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SINEXCEL Recognized in Forbes Asia's Prestigious List

SINEXCEL (300693.SZ), a leader in energy storage and EV solutions, has once again earned a spot on Forbes Asia's Best Under A Billion list for 2026. This prestigious recognition celebrates exceptional Asian-Pacific companies that demonstrate outstanding financial performance and growth within the annual revenue bracket of USD 10 million to USD 1 billion.

A Mark of Excellence

This recognition marks the second time SINEXCEL has been honored in this exclusive list, having first appeared in 2023. According to Forbes, the selection process involved an assessment of over 19,000 publicly listed companies across Asia. Criteria for selection included factors such as sales growth, earnings per share progression, and return on equity. Moreover, companies were evaluated based on qualitative factors such as corporate governance, accounting practices, and commitment to environmental standards.

In 2026, SINEXCEL proudly stands among 28 remarkable Chinese firms recognized for their solid business performance. The company’s persistent commitment to innovation and quality has driven its success, establishing it as a trusted name in the energy sector.

Innovation Driving Growth

SINEXCEL has showcased remarkable business growth, demonstrating a five-year compound annual growth rate (CAGR) of 35.05% in revenue and a similar growth of 35.04% in net profit attributable to its shareholders. This impressive trajectory has been supported by strong return indicators, with both return on equity (ROE) and return on invested capital (ROIC) surpassing the 20% mark, underscoring the company’s fiscal strength.

Furthermore, SINEXCEL has invested significantly in research and development (R&D), with cumulative expenditures exceeding USD 176 million (approximately €157 million) from 2019 to 2025. A dedicated workforce of technical professionals—nearly 30% of its over 2,600 employees—has fueled the company’s innovation-led approach, ensuring its competitive edge in the marketplace.

Leadership in Energy Solutions

Since its inception in 2007, SINEXCEL has made a considerable impact in the energy sector. With installed energy storage capacity reaching 17 GW and deployment of over 200,000 DC EV chargers, the company is recognized for its comprehensive solutions for artificial intelligence data centers (AIDCs). Additionally, it has successfully completed nearly 20 million amperes of Active Harmonic Filters deliveries and more than 700 power quality projects for data centers globally.

In Q1-Q3 2026, SINEXCEL was acknowledged as a Tier 1 Power Inverter Manufacturer by BloombergNEF, an accolade that further solidifies its status as an industry leader.

Commitment to Sustainability

Beyond technical prowess, SINEXCEL is also dedicated to sustainability. Its strong commitment to Environmental, Social, and Governance (ESG) principles is evident in its activities and management framework. The company received accolades at the 2025 Brandon Hall Group Excellence in Action Awards™, where it was recognized for excellence in workforce management, receiving Silver in Promotion & Succession and Bronze in Diversity, Equity, and Inclusion.

Conclusion

SINEXCEL's recognition in Forbes Asia's Best Under A Billion 2026 amplifies its commitment to sustainable growth and technological innovation. As it continues to advance energy solutions, strengthen global partnerships, and deliver dependable services, SINEXCEL remains a key player in fostering energy freedom worldwide.