On August 27th, GCL Energy Technology (002015. SZ) released its 2026 semi annual report, achieving a revenue of 4.89 billion yuan; The net profit attributable to the parent company was 548 million yuan, an increase of 5.53% compared to the same period last year; The net profit attributable to non parent companies was 515 million yuan, an increase of 10.97% compared to the same period last year, demonstrating the company's resilience and innovation drive.

During the reporting period, GCL Energy Technology focused on the opportunities of the "dual carbon" strategy and the rapid industrial development trend brought about by global artificial intelligence. While consolidating the foundation of the "energy asset+energy service" dual wheel drive business around the construction of a new power system, it anchored the key window period of energy and AI transformation overlap, accelerated strategic transformation and upgrading with "computing and electricity synergy" as the core, and steadily promoted the layout of computing and electricity integration.

In consolidating the income of energy assets, GCL Energy Technology takes cogeneration and new energy assets as the "ballast stone" for income, continuously consolidating the basic income base. According to the data, as of June 30, 2026, the total installed capacity of grid connected operation of GCL Energy Technology is 6050.02MW. Among them, the proportion of installed renewable energy to the total installed power generation is 58.14%.

In terms of energy services, we will focus on high-quality regions with developed economies and high energy consuming industries such as the Yangtze River Delta and the Greater Bay Area, and promote the implementation of energy conservation services with zero carbon park construction as the core focus. Customize and promote the integrated model of "distributed+green power+intelligent operation and maintenance" in industrial and commercial scenarios; Focusing on the full cycle carbon reduction needs of the park, we will deeply layout multiple scenarios such as direct connection of green electricity, integration of solar energy storage, integrated solar energy storage and charging, and microgrid operation, to create a comprehensive zero carbon solution for the entire chain. At the same time, we will continue to open up channels for the circulation of distributed energy assets, accelerate asset turnover through financial tools such as energy asset securitization, industry fund cooperation, and operational leasing, and build a sustainable development loop of "regional deep cultivation scenario innovation value realization rolling development".

In terms of zero carbon parks, 25 zero carbon parks were signed during the reporting period. As of June 30, 2026, a total of 63 zero carbon parks have been signed. Among them, there are 5 national zero carbon industrial parks, such as Qingyang East Calculation West Calculation Industrial Park in Gansu Province and Zhongwei Industrial Park in Ningxia Province; There are more than 20 provincial-level zero carbon parks, such as Suzhou Industrial Park in Jiangsu, Yuxi High tech Zone in Yunnan, and Hongguo Economic Development Zone in Guizhou.

The highly anticipated virtual power plant business has gradually expanded from Jiangsu to 10 provinces and cities including Shanghai, Zhejiang, Sichuan, Guangdong, Anhui, and Shandong. As of June 30, 2026, the adjustable load scale of GCL Energy Technology's virtual power plant business is 1243MW. Having the first-class qualification of a national "demand side management service organization", the company's platform manages a user base of over 31GW. The national electricity sales qualification has covered 18 provinces and cities.

Synchronously, GCL Energy Technology's AI technology has achieved large-scale commercial use in two core areas: power trading and virtual power plants. Our self-developed "Juxing AIVP" virtual power plant intelligent operation platform relies on AI algorithms to achieve collaborative optimization of distributed photovoltaics, energy storage, and adjustable loads. It can simultaneously participate in multi market profits in electricity, auxiliary services, and demand response; In the context of electricity trading, AI algorithms have an accuracy of over 90% in predicting electricity prices and loads; Spot trading assisted decision-making can drive trading returns to increase by over 8%. On the technical level, a full category algorithm library covering load forecasting, output forecasting, scheduling optimization, and revenue calculation has been established, and we have collaborated with leading technology companies in the industry to deepen model iteration, maintaining industry-leading technical accuracy.

GCL Energy Technology continues to explore the collaborative development path of "electricity+computing power" and implement the strategy of integrated green computing technology services. Since the beginning of this year, AIDC's business layout has been orderly promoted, and framework cooperation agreements have been signed with local governments at national computing hub nodes such as Shaoguan in Guangdong, Zhongwei in Ningxia, and Ulanqab in Inner Mongolia. Strategic cooperation agreements have also been signed with Wuwen Xinqiong, Qingcheng Jizhi, and others. We are currently actively promoting preliminary work such as window guidance and project filing for relevant cooperation.

In this regard, GCL Energy Technology fully leverages its resource advantages in core economic belts such as the Yangtze River Delta and the Pearl River Delta, actively exploring customized comprehensive energy solutions for smart computing centers, including "green electricity direct supply+new energy storage+intelligent scheduling+green certificate carbon services". By constructing an integrated new microgrid model of "source grid load storage computing", not only can it effectively smooth out the grid fluctuations caused by the huge computing power load, but it can also significantly reduce the PUE and overall carbon footprint of data centers through precise energy scheduling. With its inherent advantages in green electricity, energy storage scheduling, and market-oriented transactions, GCL Energy Technology has formed a more competitive cost and compliance advantage than pure IDC enterprises, promoting a leapfrog transformation towards a comprehensive operation service provider of "green energy+computing power ecology".

In terms of investment in emerging industries, GCL Energy Technology has steadily promoted the expansion of innovative businesses. Through direct or indirect investment, it has proactively laid out innovative technology enterprises such as Tiantian Zhixin, Jieyue Xingchen, Sepun, and Yaozheng Quantum. Through the positive interaction of "industry+finance", it adheres to the strategy of technological innovation, continuously reserves new generation technology directions, and lays a solid foundation for the transformation from an energy enterprise to an energy technology enterprise.