In the first half of 2026, the energy storage market continued to scale up while expanding into a broader range of applications. At the same time, high-performance battery cells continued to unlock new opportunities across emerging applications.

Against this backdrop, Far East Battery (FEB) delivered solid business growth in H1 2026. Its Intelligent Battery Storage & AI Computing business generated RMB 1.509 billion in revenue, up 107.18% year on year.

Alongside overall business growth, FEB’s energy storage and high-capacity cylindrical battery businesses also delivered strong results.

01 | Energy Storage: Revenue Reached RMB 488 Million, Up 394.55% YoY

In H1 2026, FEB’s energy storage business generated RMB 488 million in revenue, up 394.55% YoY, while losses narrowed by RMB 26 million year on year. The company secured RMB 2.231 billion in orders above RMB 10 million, up 421.69% YoY.

Revenue growth was accompanied by a significant increase in order intake, providing a solid order backlog for future business development.

In terms of market expansion, FEB continues to focus on key regions in China while strengthening its presence in Southern Europe and expanding into Europe, the United States, and the Middle East. Its global energy storage business is gaining broader market reach.

02 | From 100+ MWh Projects to BNEF Tier 1: Strengthening Energy Storage Capabilities

Behind the business growth is the combination of project delivery capabilities and growing market recognition.

On the project side, the 50 MW/100 MWh energy storage project in Wuhan’s Huangpi District Airport Industrial Park was successfully commissioned and connected to the grid. As one of Wuhan’s first large-scale liquid-cooled grid-side independent energy storage projects, it further demonstrates FEB’s capabilities in large-scale energy storage system integration, project delivery, and commercial deployment.

On the brand side, FEB was named to the BNEF Tier 1 Global Energy Storage Manufacturers list in 2026. The industry recognition further strengthens FEB’s brand presence as it expands into international energy storage markets.

From project deployment to global market expansion, FEB is building a clearer path toward international growth in energy storage.

03 | High-Capacity Cylindrical Battery Cells: Revenue Up 92.02% YoY to RMB 256 Million

FEB’s cylindrical battery cell business also recorded strong growth in H1 2026. Orders above RMB 10 million reached RMB 272 million, up 34.94% YoY. Among them, high-capacity cylindrical battery cells generated RMB 256 million in revenue, up 92.02% YoY, turning profitable during the period.

On the technology front, FEB’s cylindrical battery cells have achieved an energy density of over 320 Wh/kg, with overall performance at an industry-leading level. The cells have been applied in high-performance applications including premium mobility, aerospace, and humanoid robots.

Higher energy density creates greater possibilities for lightweight and compact end products, while expanding the application of cylindrical battery cells from traditional markets into high-performance and high-value-added applications.

The first half of the year marks one stage of development—and the starting point for the next.

From large-scale energy storage projects to advances in high-performance cylindrical battery cells and expanding international markets, FEB is connecting technology, products, and real-world applications more closely.

Rooted in product excellence. Expanding into broader markets.

Looking ahead, FEB will remain focused on energy storage and high-performance battery cell technologies, exploring new opportunities across real-world applications and building a stronger presence in global markets.