Low-voltage leader Chint’s profit rises 16% as solar unit offsets revenue drop
Growth was partly driven by its solar subsidiary Chint Anneng, which focuses on distributed photovoltaic systems for industrial clients and households.
Growth was partly driven by its solar subsidiary Chint Anneng, which focuses on distributed photovoltaic systems for industrial clients and households.
A surge in the so-called “New Three” — electric vehicles, lithium-ion batteries and solar panels — drove much of the expansion.