Risen Energy Achieves Remarkable Growth in Solar Industry

Risen Energy Co., Ltd., a leading global manufacturer of solar photovoltaic products, has announced its financial performance for the year 2023, demonstrating significant growth and advancements in the solar industry.

During 2023, Risen Energy achieved a revenue of approximately 35.33 billion RMB (US$4.87 billion), showing a notable 20.22% increase compared to the previous year. The company's net profit, excluding one-time gains or losses, soared to 1.58 billion RMB (US$218 million) in 2023, representing an impressive 55.77% year-on-year growth. Additionally, Risen Energy's net assets attributable to equity holders expanded by 62.47%, reaching 15.2 billion RMB (US$2.09 billion) in 2023.

Throughout the year, Risen Energy accomplished significant milestones, solidifying its position as a key player in the solar energy sector. Some key highlights include:

• Continued technological advancements in solar photovoltaic products
• Expansion of market presence globally
• Investments in research and development for sustainable energy solutions

Risen Energy's financial results for 2023 reflect its strong performance and commitment to innovation in the solar industry. With a focus on growth and sustainability, the company is poised to make further strides in renewable energy technology, contributing to a greener future for all.