- Leishen Energy Holding Co., Ltd. consummated its Initial Public Offering (IPO) on **December 20, 2024**, raising **$6.1 million** in gross proceeds and **$5.4 million** in net proceeds.  **[1985139_0001493152-25-016253_ex99-1.htm:0]** **[1985139_0001493152-25-016253_ex99-2.htm:27]** 
- For the six months ended March 31, 2025, total revenues decreased by **29.3%** to **$28,195,284** compared to **$39,883,516** in the prior year period, primarily due to decreased sales of clean-energy equipment and new energy.  **[1985139_0001493152-25-016253_ex99-1.htm:2]** 
- The company reported a net loss attributable to Leishen Energy Holding Co., Ltd. of **$(624,415)**, or **$(0.04)** per ordinary share, for the six months ended March 31, 2025, a significant decline from net income of **$5,223,716**, or **$0.34** per ordinary share, in the same period of 2024.  **[1985139_0001493152-25-016253_ex99-2.htm:1]** **[1985139_0001493152-25-016253_ex99-1.htm:2]** 
- Net cash used in operating activities was **$1,981,527** for the six months ended March 31, 2025, a decrease of **$7,047,855** from net cash provided by operating activities in the prior year.  **[1985139_0001493152-25-016253_ex99-1.htm:10]** 
- Leishen Energy expanded its global operations by incorporating **LSE Energy International Limited** in Saudi Arabia on **June 29, 2025**, to manufacture oil & gas and new energy equipment and provide technical services.  **[1985139_0001493152-25-016253_ex99-2.htm:32]**

Leishen Energy (LSE)