eLong Power Holding Ltd
elongpower.comWhat Do They Do?
Sells high-power, large-capacity energy storage systems for commercial electric vehicles, specialty vehicles and other energy-storage applications.
20-F for FY2025, filed Apr 20, 2026Elong, through its operating subsidiaries, specializes in the research and development, sales and service of high-power and large-capacity…View ↗
How Do They Make Money?
It sells battery packs, cells, complete energy-storage equipment and accessories through contracts and sales orders. Customers pay deposits in advance, and a sale is recorded when customers accept the products.
20-F for FY2025, filed Apr 20, 2026The Company primarily engages in trading activities, specialising in the sale of energy storage batteries. The Company generates revenue…View ↗
Revenue is recognized at the point in time upon the customer’s acceptance of products, which is when control of the promised goods is…View ↗
The contract liabilities are advances from customers, which represent the cash received for goods and services in advance of revenue…View ↗
$2.1M
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20-F for FY2025, filed Apr 20, 2026
$2.1M ↗
Who Are Their Customers?
Manufacturers of commercial vehicles and construction machinery are among its customers. It sells directly in China, particularly to grid companies, and mainly through channel partners overseas.
20-F for FY2025, filed Apr 20, 2026
Do Revenues Turn Into Profits?
No. It lost $5.6M in FY2025.
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