Jingao Technology: This year is expected to achieve a single quarter profit!

Digital New Energy DataBM. Com learned that on May 6, Jingao Technologies released a record of investor relations activities in April 2026.

In this exchange, Jingao Science and Technology first introduced the company's annual report in 2025 and the first quarterly report in 2026. In 2025, the company realized a net profit loss of 4.608 billion yuan; in the first quarter of 2026, the company continued to lose 1.067 billion yuan.

In this regard, Jingao Science and Technology explained that the main reasons were the periodic imbalance between supply and demand in the industry, the intensification of market competition, the sharp decline in product prices, and the increasingly severe international trade situation. As a result, the average sales price and profitability of the company's components continued to decline , resulting in a loss in operating performance.

However, Jingao Technologies expects to achieve single-quarter profits in the third and fourth quarters if the market recovers with technological progress, supply chain optimization and overseas capacity release. At present, the production capacity of high-power component products launched by the company has been gradually released, which has a premium space of 5 to 8 cents per watt compared with ordinary products , and the premium in overseas markets is more significant, which has formed a positive support for gross interest rate and profit. In terms of

shipments, the company shipped 69.563 GW of battery components (including 157 MW for self-use) in 2025, of which 51.29% were overseas; In the first quarter of 2026, the company's battery module shipments were 11.87 GW (including 11.7 MW for self-use), of which 77.16% were overseas module shipments. In terms of

domestic and foreign market demand, Jingao Science and Technology said that in the medium and long term, the new installed capacity will stabilize during the "15th Five-Year Plan" period. The company plans to reduce the proportion of domestic shipments to 30% -40% , and increase the market share of Europe, America, Asia-Pacific and other dominant regions to improve the profit structure. At the end of the

exchange, Jingao Technologies said that the company's gross margin in the first quarter of 2026 had turned positive, showing a trend of profit repair. It is expected that the second quarter will still be under pressure , but in the second half of the year, with the policy landing and the stabilization of volume and price, there will be opportunities to achieve a single-quarter turnaround.