Postpone again! Another photovoltaic manufacturing project has changed.

On October 28, Yihua issued a notice on the postponement of some investment projects. According to

the company, Yihua shares have not changed the main body of the project, the purpose of the fund-raising investment and the scale of the investment. It was decided to postpone the date of "Yueqing Photovoltaic Bracket Core Components Production Base Construction Project" from December 2026 to June 2027.

For this delay, Yihua shares explained in the announcement that the infrastructure conditions around the project site are weak , and the early progress of the project is lower than expected, which has a certain impact on the overall construction period.

It is worth noting that this is the second extension of the project . Previously, in February 2026, the project extended its scheduled availability from April 2026 to December 2026 for the same reason.

It is understood that the main body of the "Yueqing Photovoltaic Bracket Core Components Production Base Construction Project" is Yihua New Energy, a wholly-owned subsidiary of Yihua Stock Company, with a total investment of 40483 8800 yuan .

Among them, the project plans to invest 37370 7800 yuan to raise funds. As of June 30, 2026, the total investment in the project has raised a 25315 of 0.43 million yuan, with an investment progress of 67.74%.

On the same day, Yihua shares also released the third quarter report of 2026.

In the third quarter, the Company realized a revenue of about RMB 1.557 billion, a year-on-year decrease of 18.78%, and realized a net profit of RMB 49.6282 million, a year-on-year decrease of 54.05% ; The net profit deducted from non-attributable parent was 45.6532 million yuan, down 54.69% year on year. As at the end of the reporting period, the total assets of the Company amounted to RMB6.982 billion.