TRINA(SH:688599)2026-01-19 10:50Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -750 million and -650 million yuan[4]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2025 is projected to be between -790 million and -690 million yuan[4]. - In the same period last year, the net profit attributable to shareholders was -344.32 million yuan, indicating a significant decline in performance[5]. Industry Challenges - The company faced challenges due to a supply-demand imbalance in the photovoltaic industry, leading to increased competition and pressure on product prices[7]. Business Growth - Despite the challenges, the company has seen rapid growth in its energy storage business, with significant increases in overseas market shipments and market share[7]. Technological Advancements - The company maintains a leading position in technology with diverse reserves, including HJT cells and perovskite tandem cells, and plans to apply these innovations in commercial aerospace[8]. R&D Investment - The company is increasing its R&D investment to accelerate the transformation of its energy storage and system solutions business[7]. Asset Impairment - The company has conducted impairment tests on long-term assets due to signs of impairment, which will impact performance[7]. Financial Reporting - The financial data provided is preliminary and has not yet been audited by certified public accountants, emphasizing the need for caution among investors[9][10]. - The company will provide more accurate financial data in its officially audited 2025 annual report[10].