Sungrow Power Supply (300274.SZ) New SST Launch Today with Representatives from NVIDIA, Amazon and Microsoft Joining Event

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Sungrow Power Supply (300274.SZ) New SST Launch Today with Representatives from NVIDIA, Amazon and Microsoft Joining Event

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09 Jul 2026 09:31:29 ET │ 12 pages

Sungrow Power Supply (300274.SZ)

New SST Launch Today with Representatives from NVIDIA, Amazon and

Microsoft Joining Event

CITI’S TAKE Buy

Sungrow held its global launch event for its 10kV commercial Solid-State Catalyst Watch: Upside, expires 26-JUL-26

Transformer (SST) at its headquarters in Hefei, China today. This product Price (09 Jul 26 15:00) Rmb124.010

is designed for usage at 800V high-voltage DC AI data centers with the Target price Rmb185.000

advantages of simplified power supply architecture, high (98.5%) peak

Expected share price conversion efficiency, sophisticated intelligent features and good safety 49.2%

return standards. Representatives from NVIDIA, Amazon and Microsoft have also

joined the event. Sungrow has targeted to get grid safety certifications Expected dividend yield 1.5%

from Underwriters Laboratories (‘UL’) in the US by end 2026E to meet Expected total return 50.6%

market access standards for AIDC (AI Data Center) facilities there. The Market Cap Rmb257,099M

company will provide samples for its potential customers to review in US$37,980M

2H26E when new orders are expected to receive and will be delivered in

2027E. We think this a positive share price driver for Sungrow in next 12

months. Sungrow’s 13.6x 2027E PER looks inexpensive with 17% 2025-

28E EPS CAGR. China ESS & Solar Sector

Pierre Lau, CFAAC

New news – Sungrow held the global launch event for its 10kV commercial Solid- +852-2501-2716

State Transformer (SST) themed “New Computing Infrastructure, Born for AI”—at its pierre.lau@citi.com

Hefei headquarters today. The company unveiled a comprehensive power supply