SINEXCEL Achieves Forbes Asia's Best Under A Billion Recognition Again in 2026

SINEXCEL Named to Forbes Asia’s Best Under A Billion 2026 for the Second Time

HONG KONG, October 21, 2026 – The global provider of energy storage solutions, electric vehicle (EV) charging infrastructure, and critical power supply for AI data centers, SINEXCEL (300693.SZ), has again earned recognition in Forbes Asia’s prestigious list of Best Under A Billion for 2026. This honor comes just three years after their initial acknowledgment in 2023.

The Best Under A Billion list, featured in the August 2026 issue of Forbes Asia, highlights 200 publicly traded companies selected from over 19,000 firms across the Asia-Pacific region. To qualify, companies must have annual revenues between $10 million and $1 billion, and they are evaluated based on their debt levels, sales growth, earnings per share growth over one and three years, and return on equity over one and five years. Furthermore, qualitative assessments take into account corporate governance, accounting practices, environmental responsibility, and management integrity—pointing towards companies that exhibit strong and sustainable performance.

SINEXCEL is proud to be among the 28 selected Chinese companies for this year's list, credited for its robust financial performance and sustained business growth. The company has demonstrated remarkable business dynamism, achieving a compound annual growth rate (CAGR) of 35.05% in revenues and 35.04% in net profit attributable to its parent company's shareholders over a five-year period. The return on equity (ROE) and the return on invested capital (ROIC) also exceeded 20%. Between 2019 and 2025, SINEXCEL invested more than $176 million (approximately €157 million) in Research and Development (R&D), while by 2025, nearly 30% of its workforce, consisting of over 2,600 employees, were technical staff.

Guided by a customer-centric approach and a long-term vision, SINEXCEL is committed to refining its management practices to enhance market competitiveness and business resilience. Since its establishment in 2007, SINEXCEL has achieved a remarkable energy storage capacity installation of 17 GW, deployed over 200,000 EV chargers, provided nearly 20 million amperes in active harmonic filters, and completed more than 700 quality energy projects for data centers worldwide.

Beyond its technological advancements, SINEXCEL is committed to strengthening its ESG governance framework. In 2025, at the Brandon Hall Group Excellence in Action Awards™, a distinguished program recognizing excellence in human capital management, the company was awarded silver for Promotion and Succession planning and bronze in Diversity, Equity, and Inclusion.

This second acknowledgment from Forbes Asia underscores SINEXCEL’s commitment to sustainable growth and technological excellence as it continues to drive innovation in power electronics, strengthening global partnerships and delivering reliable and efficient energy solutions to promote energy freedom worldwide.

For more information about SINEXCEL, please contact [email protected]