Veken Technology Co., Ltd. reports **CNY 1,288.05 million in sales** for the nine months ending September 30, 2026, up from CNY 1,028.42 million in the same period the prior year. The company also reports a **net loss of CNY 54.24 million**, an improvement from a CNY 59.35 million loss in the comparable period last year.
Veken Technology deploys sodium-ion batteries in Caiyue Energy’s 50 MW/200 MWh storage project. The company completes full-series development of its starter battery lineup and enters Southeast Asian markets. Storage-battery revenue reaches RMB 54.36 million, though sodium-ion-specific figures remain undisclosed.
Veken Technology completes a **2 GWh sodium-ion battery production line** in Nanchang, targeting energy storage and light mobility sectors. The facility, operational since October 2025, uses a polyanion-based cell development approach. The company now prepares for **batch deliveries in Q3 2026**, marking a key milestone in scaling sodium-ion storage solutions.
EVE Energy, EAST, and four other companies are advancing energy storage and battery projects. Veken Technologies launched a production line upgrade on May 29, focusing on expanding its sodium battery production line and modernizing existing lines. The move aims to bolster capacity for emerging battery technologies.
