On July 15, Jingao Technologies issued a semi-annual performance forecast for 2025.
The announcement shows that Jingao Technologies expects to achieve a net profit loss of 2.5 billion yuan to 3 billion yuan in the first half of 2025, and a net profit loss of 1.86 billion yuan to 2.36 billion yuan .
For performance changes, Jingao Technologies said that during the reporting period, the company continued to deepen market expansion, accelerate the international layout, and relying on technological advantages, battery component shipments maintained a leading position in the industry.
However, in recent years , due to the periodic imbalance between supply and demand caused by the centralized release of production capacity in each link of the main photovoltaic industry chain, the competition in the industry continues to intensify, and the prices of the main products in each link are under pressure as a whole compared with the same period. At the same time , the intensification of international trade protection policies has led to a year-on-year decline in the average sales price and profitability of the company's components, and a periodic loss in operating performance.
According to the first quarterly report of 2025, Jingao Technology realized a net profit loss of 1.64 billion yuan and a non-net profit loss of 1.41 billion yuan during the reporting period. It can be inferred that Jingao Technology will have a net profit loss of 860-1.36 billion yuan in the second quarter of 2025 and a net profit loss of 450-950 million yuan after deduction of non-profits.