Core Viewpoint - Yichin Solar Technology Co., Ltd. is expected to report a significant loss for the fiscal year 2025, with projected net profit attributable to shareholders ranging from -450 million to -600 million yuan, indicating ongoing challenges in the solar industry and company operations [2][4][10]. Financial Performance Forecast - The company anticipates a net profit attributable to shareholders of -450 million to -600 million yuan for 2025 [2][4]. - The projected net profit after deducting non-recurring gains and losses is estimated to be between -447.5 million and -597.5 million yuan [5]. - The expected net asset value at the end of 2025 is projected to be between -68 million and -130 million yuan [3][6]. Previous Year Comparison - In the previous year, the company reported a total profit of -2.427 billion yuan, with a net profit attributable to shareholders of -2.0902864 billion yuan [8]. - The earnings per share for the previous year were -1.77 yuan per share [9]. - The net asset value at the end of the previous year was 497.693 million yuan [8]. Reasons for Expected Loss - The solar industry is undergoing a transformation, with persistent supply-demand imbalances and overall weak profitability due to structural capacity mismatches from previous periods [10]. - The company is currently without a controlling shareholder, which has negatively impacted its credit status and financing capabilities, leading to tighter liquidity and operational constraints [11]. - A decline in the prices of solar cell components and the need for asset impairment testing have further contributed to the expected losses [10]. Future Outlook and Strategies - In 2026, the company aims to enhance communication with stakeholders and implement measures to improve operational quality, reduce costs, and enhance asset efficiency [12]. - The company is focused on mitigating debt and delisting risks while striving to protect the rights of all shareholders [12].

亿晶光电(600537.SH)发布公告，经公司财务部门初步测算，预计2025年度期末净资产-6,800万元 到-13,000万元。将触及《股票上市规则》第9.3.2条第一款第(二)项"最近一个会计年度经审计的期末净 资产为负值，或追溯重述后最近一个会计年度期末净资产为负值"规定的对公司股票实施退市风险警示 的情形，公司股票在2025年年度报告披露后可能被上海证券交易所实施退市风险警示(在公司股票简称 前冠以"*ST"字样)。 ...

另外，亿晶光电提示风险称，经公司财务部门初步测算，预计2025年度期末净资产-6800万元到-1.3亿 元。将触及公司股票实施退市风险警示的情形，公司股票在2025年年度报告披露后可能被上交所实施退 市风险警示。 北京商报讯（记者 马换换 李佳雪）1月13日晚间，亿晶光电（600537）披露公告称，公司预计2025年度 实现归属净利润-4.5亿元到-6亿元；预计2025年度实现扣非后归属净利润约为-4.48亿元到-5.98亿元。 亿晶光电表示，受前期阶段性结构性产能错配的惯性影响，供需失衡持续，行业整体疲软，整体盈利能 力未得到修复。此外，2025年，因公司原控股股东所持公司全部股票被司法拍卖，公司处于无控股股东 及无实际控制人的状态。上述事项对公司信用状况及融资能力造成较大不利影响，导致资金流动性趋 紧，并对公司产供销等经营活动产生显著制约。受此影响，公司营业成本增加，营业收入出现明显下 滑。2025年，公司的主营业务太阳能电池组件产品价格下跌，且根据《企业会计准则第8号——资产减 值》以及公司计提减值准备的有关制度，基于谨慎性原则，对存货、固定资产等进行减值测试，并计提 相应的资产减值准备，对本报告期业绩 ...

证券代码：600537 证券简称：亿晶光电 公告编号：2026-003 亿晶光电科技股份有限公司 关于股票可能被实施退市风险警示的风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 经公司财务部门初步测算，预计2025年度期末净资产-6,800万元到-13,000 万元。将触及《股票上市规则》第9.3.2条第一款第（二）项"最近一个会计年 度经审计的期末净资产为负值，或追溯重述后最近一个会计年度期末净资产为负 值"规定的对公司股票实施退市风险警示的情形，公司股票在2025年年度报告披 露后可能被上海证券交易所实施退市风险警示（在公司股票简称前冠以"*ST" 字样）。 二、公司股票停牌情况及退市风险警示实施安排 若公司2025年度经审计的归属于上市公司股东的期末净资产为负值，触及 《股票上市规则》第9.3.2条第一款第（二）项情形，公司股票将于2025年年度 报告披露日起开始停牌。披露日为非交易日的，于次一交易日起开始停牌。 根据《股票上市规则》规定，上海证券交易所在公司股票停牌之日后5个交 易日内，根 ...

每经AI快讯，1月13日，亿晶光电（600537）(600537.SH)公告称，经公司财务部门初步测算，预计2025 年度期末净资产-6,800万元到-1.3亿元。将触及《股票上市规则》第9.3.2条第一款第(二)项"最近一个会 计年度经审计的期末净资产为负值，或追溯重述后最近一个会计年度期末净资产为负值"规定的对公司 股票实施退市风险警示的情形，公司股票在2025年年度报告披露后可能被上海证券交易所实施退市风险 警示(在公司股票简称前冠以"*ST"字样)。 ...

格隆汇1月13日丨亿晶光电(600537.SH)公布，经公司财务部门初步测算，预计2025年度实现归属于母公 司所有者的净利润-45,000万元到-60,000万元。预计2025年度实现归属于母公司所有者的扣除非经常性 损益后的净利润-44,750万元到-59,750万元。 ...

格隆汇1月13日丨亿晶光电(600537.SH)公布，依据《上海证券交易所股票上市规则》（称"《股票上市 规则》"）第9.3.2条规定，公司股票可能被上海证券交易所实施退市风险警示，敬请广大投资者注意投 资风险。 ...

亿晶光电公告称，经初步测算，预计2025年度期末净资产为-6800万元到-13000万元，将触及实施退市 风险警示情形，公司股票在2025年年度报告披露后可能被实施退市风险警示。若2025年末净资产为负， 公司股票将于年报披露日起停牌，上交所将在停牌5个交易日内根据情况实施退市风险警示。公司将提 前一日公告，股票自公告披露日后次一交易日起复牌并实施退市风险警示。具体财务数据以经审计的 2025年年度报告为准。 ...

亿晶光电公告称，预计2025年度归属于母公司所有者的净利润为-4.5亿元到-6亿元，扣非后净利润 为-4.48亿元到-5.98亿元，期末净资产为-6800万元到-1.3亿元。上年同期净利润为-20.90亿元，期末净资 产为4.98亿元。业绩预亏主因是光伏行业转型，前期产能错配致供需失衡，且公司无控股股东和实控 人，影响信用和融资，营业成本增加、营收下滑，产品价格下跌并计提减值准备。此外，公司还面临产 能停产、债务偿付等风险，2025年年报披露后或被实施退市风险警示。 ...

Core Viewpoint - Yichin Photovoltaic, the first A-share photovoltaic module company, announced a warning of expected losses for the year 2025, with net profit projected to be negative and potentially exceeding the audited net assets from the previous year, indicating a possible negative net asset position by the end of 2025 [1][5] Financial Performance - Yichin Photovoltaic has faced financial difficulties for several years, with losses exceeding 600 million yuan in both 2020 and 2021. In 2022 and 2023, despite industry recovery, the company only achieved minimal profits of 12.7 million yuan and 6.8 million yuan, respectively [6][7] - In 2024, the company reported a significant decline in revenue, with total revenue of 3.478 billion yuan, a year-on-year decrease of 57.07%, and a net profit loss of 2.09 billion yuan, marking the worst performance since its listing [7] - For the first three quarters of 2025, revenue was 1.556 billion yuan, down 42.58% year-on-year, with a net profit loss of 214 million yuan. The net assets at the end of 2024 were 498 million yuan, suggesting a potential loss of 500 million yuan for the entire year of 2025 [7][8] Regulatory Implications - According to the Shanghai Stock Exchange listing rules, if Yichin Photovoltaic confirms negative net assets by the end of 2025, it will trigger a mandatory delisting warning, and the company's stock will be subject to risk warnings [2][7] Operational Challenges - The company’s ambitious photovoltaic project in Chuzhou, Anhui, with a total investment of 10.3 billion yuan, has faced significant setbacks, completing only the first phase of 7.5 GW of photovoltaic battery capacity due to industry capacity mismatches and weak market conditions [3][8] - By October 2024, the Chuzhou base began to cease operations, and the 5 GW PERC battery capacity at the Changzhou base has also been halted, raising concerns about the company's ability to recover and avoid delisting in 2026 [4][9] Industry Context - Although the photovoltaic industry has shown signs of recovery, the supply-demand relationship has not fully stabilized, leaving the future of this established photovoltaic company uncertain [4][9]