According to EnergyTrend, amid the backdrop of the continuous upturn in the energy storage industry boom and the resonance of domestic and foreign market demand, on December 29th, Narada Power and CLOU Electronics disclosed their subsidiary capital increase plans.
Among them, Narada Power intends to allocate 500 million yuan of its own capital to strengthen the layout of its domestic energy storage business and achieve full ownership of its subsidiary Huatuo New Energy; CLOU Electronics plans to invest 8.493 million US dollars to increase capital in its overseas subsidiary, further advancing the expansion of its global business.
Narada Power: Proposed Capital Increase to Subsidiary Huatuo New Energy
On December 29th, Narada Power issued an announcement stating that to meet the daily operational and development needs of its subsidiary Anhui Narada Huatuo New Energy Technology Co., Ltd. (Huatuo New Energy), further enhance its capital strength, improve overall operational capabilities and industry competitiveness, and ensure its long-term stable development, the company plans to increase capital in Huatuo New Energy by 500 million yuan.
According to the announcement, Narada Power will subscribe to 23.8095 million yuan of Huatuo New Energy's newly added registered capital at a price of 21 yuan per registered capital, with a total investment of 500 million yuan. Among this amount, 23.8095 million yuan will be included in registered capital, and the remaining 476.1905 million yuan will be classified as capital surplus.
The announcement shows that prior to this capital increase, Narada Power held an 80.00% equity stake in Huatuo New Energy. After the completion of the capital increase, the company will hold an 83.64% equity stake in Huatuo New Energy. Since the remaining 16.36% equity held by minority shareholders corresponds to equity investment funds with repurchase clauses, the company will actually own 100% of Huatuo New Energy's equity after the capital increase is completed.
The funds for this capital increase are sourced from Narada Power's own capital. After the completion of the capital increase, Narada Power will still hold 100% equity in Huatuo New Energy, which will not lead to changes in the scope of the company's consolidated financial statements.
CLOU Electronics: Proposed 8.493 Million US Dollars Capital Increase to Overseas Subsidiary
On December 29th, the board of directors of CLOU Electronics reviewed and approved a proposal to increase capital in its wholly-owned subsidiary Hong Kong CLOU Industrial Co., Ltd. (CLOU Industrial) by 8.493 million US dollars (approximately 59.48 million yuan). After the completion of the capital increase, the registered capital of CLOU Industrial will increase to 8.5059 million US dollars, and it will remain a wholly-owned subsidiary of the company.
Data shows that CLOU Industrial's business scope includes electrical measuring instruments and inspection devices, electronic watt-hour meters, power consumption management systems and equipment. In the first three quarters of 2025, it achieved operating income of 140 million yuan and a net profit of 43.8948 million yuan.
According to the announcement, the capital increase funds will be mainly used to increase capital in PT KLOU TEKNOLOGI INDONESIA, a subsidiary controlled by CLOU Industrial in Indonesia, and CLOU Energy Storage B.V., a subsidiary in the Netherlands. The capital increase aims to advance the company's overseas business layout, enhance competitiveness and overall risk resistance capacity, and will not have an adverse impact on the company's normal business activities.
CLOU Electronics' main businesses involve the smart grid and new electrochemical energy storage fields. In the first three quarters of 2025, CLOU Electronics achieved a total operating income of 3.586 billion yuan, a year-on-year increase of 23.42%; the net profit attributable to shareholders of the parent company was 232 million yuan, achieving a turnaround from loss to profit year-on-year.
Source：EnergyTrend