Group 1 - The core viewpoint of the article highlights the significant decline in JunDa Co., Ltd.'s financial performance, with a notable drop in revenue and an increase in net loss [1] - On September 17, a shareholder transferred shares of JunDa Co., Ltd. from Shanghai Pudong Development Bank to Victory Securities Hong Kong, with a market value of approximately HKD 86.61 million, representing 6.3% of the total shares [1] - For the mid-year results of 2025, JunDa Co., Ltd. reported a revenue of approximately CNY 3.656 billion, a year-on-year decrease of 42.48%, and a net loss of approximately CNY 264 million, which is an increase of 58.51% compared to the previous year [1] Group 2 - The decline in revenue is primarily attributed to a 67.9% decrease in income from the mainland China market, mainly due to reduced sales of photovoltaic cells and a drop in current market prices [1] - The loss per share for JunDa Co., Ltd. is reported at CNY 1.07 [1]