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Xiong'an New Power Technology Co.,Ltd. manufactures and sells ignition special equipment and combustion control systems for power boilers, electricity, petrochemicals, metallurgy and other industries. The company engages in research and development, promotion, and service of technologies in the hydrogen energy field; sales of artificial intelligence equipment and development of artificial intelligence application software; sales of communication equipment; greening management and landscaping construction; environmental sanitation management; provision of wastewater treatment services; design, research and development, and sales of water supply and drainage equipment; flue gas treatment; water conservancy and water environment management; ecological environment management; and environmental monitoring. It is also involved in the solid waste pollutant treatment; energy-saving technology research and development, technical consulting, and technical services; engineering design, sales, management, and consulting services for combustion and control, energy-saving, environmental protection, and new energy equipment, boilers, and steel structures; general contracting for building construction, environmental protection, and steel structure engineering; and self-operated and agency import and export business of various commodities and technologies. Xiong'an New Power Technology Co.,Ltd. was formerly known as Xiongan Kerong Environment Technology Co., Ltd. and changed its name to Xiong'an New Power Technology Co.,Ltd. in August 2022. The company was founded in 1980 and is based in Baoding, China.

Xiongan Kerong Environment Technology Co Ltd

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	176.4	186.8	203.3	190.1	246.3	250.8
COGS	132.7	134.1	168.4	169.8	188.3	191.5
Gross Profit	43.73	52.72	34.87	20.31	57.98	59.29
Operating Expenses & Income
Operating Income	(47.7)	(25.79)	(52.99)	(61.78)	(22.5)	(20.35)
Total Operating Expenses	224.1	212.6	256.3	251.9	268.8	271.1
R&D Expenses	6.625827	7.54369	7.186439	7.762077	8.401614	7.974572
Selling General & Admin Expenses	50.43	39.57	54.81	28.56	33.21	49.51
Earnings from Continuing Operations
Interest Expense	(7.361909)	(3.83358)	(7.961217)	(4.522318)	(3.711213)	(3.584427)
Interest Income	1.185916	0.516125	1.633594	0.0995	0.0132	0.0127
Income Tax Expense	-	-	-	-	-	-
Net Income
Net Income	(266.5)	(86.8)	(73.3)	(47.42)	(34.25)	(37.69)
Supplemental
EBIT	(56.11)	(38.22)	-	-	-	-
EBITDA	(227.8)	(64.26)	-	-	-	-