On July 15, Tongwei issued a performance forecast for the first half of 2025.
The announcement shows that in the first half of this year, Tongwei's net profit and non-net profit loss were 4.9 to 5.2 billion yuan , compared with 31.29 yuan in the same period last year .
In response, Tongwei said that during the reporting period, although the scale of new photovoltaic installations at home and abroad continued to grow, the imbalance between supply and demand in the industry has not been significantly improved, and the prices of products in various sectors continued to be depressed. Affected by this, the company recorded a loss during the reporting period.
In the announcement, Tongwei shares also gave the market a shot in the arm: " Photovoltaic industry is a strategic emerging industry in China, playing an indispensable role in the context of accelerating the global transformation of clean energy, with broad long-term development space.". Although the industry is currently facing a significant imbalance between supply and demand at different stages, all relevant parties in the industry have attached great importance to the long-term development of the industry and made every effort to explore solutions to jointly promote the long-term and high-quality development of China's photovoltaic industry .
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