Core Viewpoint - The company has decided to cease operations related to its photovoltaic encapsulation film project due to ongoing low demand and competitive pressures in the photovoltaic industry, which have led to sustained losses in this segment [1][3]. Group 1: Company Decisions - The company will hold its fifth board meeting on December 22, 2025, to review the proposal for the cessation of its photovoltaic encapsulation film project [1]. - The decision to stop the photovoltaic encapsulation film business is based on a thorough assessment aimed at enhancing shareholder value and improving profit levels [3]. Group 2: Project Details - The company has several projects related to photovoltaic film production, including a new annual production project of 150 million square meters by Kunshan Tianyang and similar projects by Nantong Tianyang and Hai'an Tianyang [2]. - The original investment in the photovoltaic encapsulation film project was made based on market conditions and strategic development, but ongoing low prices for photovoltaic components have resulted in insufficient demand [2][3]. Group 3: Market Conditions - As of the end of Q3 2025, the photovoltaic industry has not shown significant improvement in supply-demand dynamics, with continued low-price competition exacerbating losses in the photovoltaic film business [3]. - The company anticipates that the operating conditions for photovoltaic film may remain under pressure, potentially affecting overall business performance [3].
某上市公司光伏制造项目停产
Sou Hu Cai Jing·2025-12-23 02:52