TCL中环(002129) - 2025 Q2 - 季度业绩预告

I. Estimated Performance for the Current Period 1.1 Performance Forecast Period This performance forecast covers the period from January 1 to June 30, 2025 - The performance forecast period is from January 1, 2025, to June 30, 2025[2] 1.2 Estimated Performance Overview The company anticipates a net loss for the first half of 2025, with the loss expected to widen compared to the prior year - The company expects a net loss for the first half of 2025[2] 1.2.1 Details of 2025 Half-Year Performance Forecast A detailed comparison of key financial metrics for the first half of 2025 shows an expected increase in net losses Comparison of 2025 Half-Year Performance Forecast | Item | 2025 Jan-Jun Forecast (billion CNY) | Prior Year Same Period (billion CNY) | Trend | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Loss: 4.00 to 4.50 | Loss: 3.06 | Loss Widening | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: 4.10 to 4.60 | Loss: 3.49 | Loss Widening | | Basic Earnings Per Share (CNY/share) | Loss: 1.0017 to 1.1269 | Loss: 0.7680 | Loss Widening | II. Pre-Audit Status of Performance Forecast 2.1 Pre-Audit Status The current performance forecast has not been pre-audited by a certified public accountant, requiring investor caution - This performance forecast has not been pre-audited by a certified public accountant[3] III. Explanation of Performance Changes 3.1 Main Reasons for Performance Change The company's losses are primarily due to supply-demand imbalance, continuous price drops in the photovoltaic industry, and inventory impairment - Global photovoltaic installations maintained resilient growth, with the domestic distributed market experiencing a short-term rush, leading to periodically strong market demand[4] - From May to June 2025, industry chain demand gradually cooled, coupled with supply-demand imbalance across various segments and inventory pressure, leading to continuous product price declines[4] - The company' reported a net operating loss for the period, primarily impacted by falling product prices and inventory impairment[4] 3.2 Company Response Strategies The company is implementing strategic initiatives, operational improvements, cost control, and organizational reforms to enhance competitiveness and maintain positive operating cash flow - The company is continuously advancing strategic implementation, operational improvements, cost reduction and control, and organizational reforms to enhance operational quality[4] - Efforts include enhancing product competitiveness, accelerating turnover, reducing costs, improving efficiency, and maintaining positive operating cash flow for the reporting period, upholding operational integrity[4] - The company will continue to actively practice industry self-discipline, seize development opportunities, proactively address challenges, adhere to technology-driven innovation, firmly pursue a globalization strategy, strengthen operational control, and strive to improve annual operating performance[4] IV. Other Related Explanations 4.1 Nature of Performance Forecast and Risk Warning This performance forecast is a preliminary estimate, and investors are advised to refer to the official half-year report for final financial data and exercise caution - This performance forecast represents a preliminary estimate by the company's finance department[6] - The final financial data will be subject to the company's disclosed 2025 half-year report[6] - Investors are kindly advised to exercise caution regarding investment risks[6]