On July 15, Beijing Express issued a semi-annual performance forecast for 2025. In the first half of 2025, the net profit loss of Beijing Express was 165-225 million yuan, and the non-net profit loss was 175-230 million yuan.
In this regard, Beijing Express explained: (1) Affected by the overall cycle of the photovoltaic industry , the company's shareholding enterprises suffered losses in operating performance, and the investment losses recognized under the equity method had a negative impact on the company's net profit; (2) Influenced by the industry environment, market fluctuations and other comprehensive factors, the profit of the silicon wafer sector involved in the company's new material business is still negative, which has a negative impact on the company's overall profitability; (3) The Company actively implemented various cost reduction and efficiency enhancement measures, regulated the utilization rate of production capacity in a timely manner, and accelerated inventory turnover. The operation of the new materials business of the Company improved year-on-year, which led to a significant improvement in the overall operation. The company will continue to strive to improve quality and efficiency and actively respond to challenges.