Leishen Energy Holding Co., Ltd.
For the period ended Feb 17, 2026. Filed Feb 17, 2026.
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Feb 17, 2026 · Filed Feb 17, 2026
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Contents
EX-99.1 · Segment Performance
Segment Performance
| 1. | Clean-Energy Equipment |
| ○ | Revenue from clean-energy equipment sales accounted for 45.7% of our revenues. Revenue from clean-energy equipment sales decreased by $11,742,904 from $33,816,111. The decrease was mainly due to a decline in market demand, driven by the broader economic downturn. In addition, intensified domestic competition and customer cost-control measures led to a 10% to 40% reduction in selling prices for certain standardized products. The Company is actively pursuing the international market currently to drive future growth. |
| 2. | Digitalization and Integration Equipment |
| ○ | Revenue was USD $2.73 million, reflecting a modest year-over-year decline. Gross margin improved to 4.4% due to the implementation of effective cost control initiatives. |
| 3. | New Energy Sales |
| ○ | Revenue from New Energy sales accounted for 40.4% our revenues. The decrease was mainly due to the expiration of sales agreement with a major client. We are actively pursuing renewal of the agreement and expanding our customer base in the natural gas trading business. |
| 4. | Oil and Gas Engineering Technical Services |
| ○ | Revenue was USD $4.0 million, representing for 8.2% of our revenue. |
| ○ | This business segment is a key focus for the company, and the Company will continue to invest in this area to expand the scope and depth of the engineering and technical services. The Company expects that this segment will account for an increasing share of total revenue in the future. |
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