22, Tongwei released its semi-annual report for 2025. In the first half of the year, the company realized operating income of 40.509 billion yuan, down 7.51% from the same period last year; the net profit attributable to the parent company was a loss of 4.955 billion yuan. Among them, the net return to the mother in the second quarter was a loss of 2.363 billion yuan, which was less than that in the first quarter . According to the data disclosed
by Tongwei, up to now, the company has formed an annual production capacity of over 900000 tons of high-purity silicon, over 150GW of solar cells and over 90GW of modules.
The company said that due to the fact that the contradiction between supply and demand in the photovoltaic industry has not been significantly improved and the price of products in all sectors of the industry has further dropped to a historical low, the company's operating performance has been under pressure in stages, but the core businesses remain stable and the relevant market position continues to be consolidated. In the
first half of 2025, Tongwei achieved 161300 tons of polysilicon sales, accounting for about 30% of the global market, ranking first in the industry ; Battery sales of 49.89 GW, continue to maintain the world's first , and achieve a cumulative shipment of more than 300 GW , continue to refresh the global battery sales record; Component sales were 24.52 GW, of which domestic distributed shipments continued to be the first in China , and overseas shipments achieved explosive growth , with sales of 5.08 GW in the first half of the year, and has gained advantages in Poland, Romania, Hungary and other markets.
In addition, Tongwei said that the company's financial liquidity reserves are sufficient, the balance of the company's monetary funds and transactional financial assets at the end of the reporting period is about 33.229 billion yuan, which can effectively meet the company's capital turnover needs, while the company has abundant financing tools, abundant bank credit, ultra-short-term financing bills, medium-term bills and so on. While fully guaranteeing the liquidity security of the company, it also has significant advantages in financing interest rate and term.