Core Viewpoint - Rainbow New Energy (00438.HK) reported a decline in revenue and net loss for the first half of 2025, primarily due to falling product prices despite a slight increase in solar photovoltaic glass sales [1] Financial Performance - The company's solar photovoltaic glass sales increased by 5.5% compared to the same period last year [1] - Revenue reached RMB 1.519 billion, a decrease of 25.52% year-on-year [1] - The net loss attributable to shareholders was RMB 296 million, a reduction of RMB 300 million year-on-year [1] - Total profit amounted to RMB -295 million, down RMB 3.09 million year-on-year [1] Industry Context - The photovoltaic glass industry is experiencing intensified competition due to supply-demand imbalances and capacity mismatches [1] - The company is focusing on cost reduction and efficiency improvement, accelerating technological innovation, and developing high value-added products [1] - The current industry environment is characterized by deep internal competition, necessitating enhanced technological innovation, improved internal management, and reduced production costs as core survival strategies [1]
彩虹新能源(00438.HK)上半年度营收跌25.52%至15.19亿元 净亏损2.96亿元