Shanghai Stock Exchange
Image: 钉钉, Wikimedia Commons, CC BY-SA 4.0
Tongue has issued a profit warning, which projects a net loss that can be attributed to shareholders of between CNY 4.9 billion ($ 676 million) and CNY 5.2 billion for the first half of 2025, which grew greater from a CNY 3.13 billion loss in the same period last year. The company mentioned persistent oversupply and depressive product prices in the photovoltaic sector, despite the continuous growth of the volumes of the solar installation during the reporting period.
Longi has predicted a narrower net loss between CNY 2.4 billion and CNY 2.8 billion for the first half, against a CNY 5.24 billion loss a year earlier. The company said that the higher module reached shipping volumes, but price competition pushed the prices of solar products under the costs in the industry, resulting in continuous losses.
JA SOLAR Said that it is expected to post a net loss of CNY of 2.5 billion to CNY 3.0 billion in the first six months of 2025, a sharp decrease in the CNY 870 million loss reported in the first half of 2024.
DMEGC has reported strong winstrichter lines for the first six months of 2025. The company said it expected a net profit of CNY 960 million and CNY 1.05 billion, from CNY 642 million a year earlier. The profit of the second quarter is expected to reach between CNY 502 million and CNY 592 million. DMEGC attributed its robust results to the growing market share in the magnetic materials sector and asked success in the commercialization of new products and devices.
Sichuan Hebang Biotechnology Said that the further investments in his 10 GW monocrystalline Silicon Wafer project in Fuyang, the province of Anhui will suspend. The project, launched by subsidiary Anhui Fuxing New Energy Technology Co. In December 2021, a CNY originally planned a 3 billion binvestment for two years. The company has already invested CNY 340 million and completed 1.5 GW N-type wafer capacity. It said it made the decision because of the volatility in prices for Wafers and temporary overcapacity in the solar industry. It also announced the suspension of a planned float glass production line upgrade and associated R&D efforts.
Flat glass group Has issued a profit warning on the basis of non -gewuditated results for the six months of 2025. It said that his net profit that can be attributed to shareholders will vary from CNY 230 million to CNY 280 million. It attributed this decrease in profit to overcapacity in the PV industry, rising competition and falling selling prices of PV glass in the first half of the year. The company said that ITZ is investing in O&O and innovation to remain competitive in its core activities.
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