18, the Company disclosed the 2025 annual performance forecast. It is estimated that the net profit loss attributable to the parent company in 2025 will be 6 billion yuan to 6.5 billion yuan, and the loss in the same period last year will be 8.592 billion yuan; the non-net profit loss deducted will be 6.8 billion yuan to 7.4 billion yuan, and the loss in the same period last year will be 8.722 billion yuan.
In view of the reasons for the performance loss, Longji Green Energy said that in 2025, the mismatch between supply and demand in the photovoltaic industry, the low-price involution competition continued, the start-up rate remained low, while the domestic electricity market reform continued to deepen, and overseas trade barriers continued to intensify. The business environment of photovoltaic enterprises is severe and complex. In the fourth quarter , the cost of silver paste and silicon materials rose sharply, which significantly increased the cost of silicon wafers, batteries and components , and put further pressure on the operation of enterprises. Restricted by the continued downturn in product prices and cost pressures, the company's operating performance in 2025 is still a loss.
At the same time, Longji Green Energy said that in 2025, the company's high-efficiency BC second-generation product yield reached expectations, smooth large-scale production, rapid growth in shipments, base metal replacement silver paste technology pilot completed, and began large-scale capacity construction.
According to the data of the previous three quarterly reports, Longji Green Energy realized a net profit loss of 3.403 billion yuan in the first three quarters of 2025. It can be inferred that the net profit loss of Longji Green Energy in the fourth quarter of 2025 will reach 2.597-3.097 billion yuan . Compared with the net profit loss of 834 million yuan in the third quarter, the loss in the fourth quarter soared.
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