BANGJIE SHARE(SZ:002634) Hua Xia Shi Bao·2025-04-03 10:48Core Viewpoint - Bangjie Co., Ltd. has revised its 2024 annual performance forecast, expecting a net profit loss of 500 million to 750 million yuan, an increase from the previously estimated loss of 300 million to 450 million yuan, due to pessimistic expectations regarding the photovoltaic industry's recovery and worsening operational conditions at its subsidiary in Yangzhou [2][5]. Group 1: Company Performance - The company initially estimated a loss of 300 million to 450 million yuan in January 2025, citing factors such as supply-demand mismatches and increased competition in the photovoltaic industry [3]. - The latest announcement indicates that the expected asset impairment losses will exceed the original estimates, leading to a revised loss forecast of 500 million to 750 million yuan [4][5]. - The company has acknowledged that the operational situation at its Yangzhou subsidiary has deteriorated further, contributing to the increased loss forecast [4]. Group 2: Industry Context - Despite Bangjie Co., Ltd.'s negative outlook, other photovoltaic companies report improved conditions compared to the last quarter of the previous year, suggesting that Bangjie's situation may be an outlier [6][7]. - The photovoltaic industry is experiencing a recovery, with some companies indicating that they do not anticipate further downward adjustments to their performance forecasts [6][7]. - Recent policy changes and market dynamics have led to a surge in component prices and production, indicating a more favorable environment for certain segments of the photovoltaic industry [8].