时创能源：预计2025年同比减亏44.83%到54.08%

Core Viewpoint - The company Shichuang Energy (688429.SH) expects to reduce its net loss significantly in 2025 compared to the previous year, driven by increased sales in photovoltaic products and ongoing innovation efforts [1] Financial Performance - The estimated net profit attributable to the parent company for 2025 is projected to be between -358 million to -298 million yuan, representing a reduction in loss of 290.95 million to 350.95 million yuan compared to the previous year, which is a year-on-year improvement of 44.83% to 54.08% [1] - The estimated net profit excluding non-recurring gains and losses for 2025 is expected to be between -388 million to -328 million yuan, indicating a reduction in loss of 274.06 million to 334.06 million yuan compared to the previous year, reflecting a year-on-year improvement of 41.40% to 50.46% [1] Industry Context - The photovoltaic industry is experiencing continuous growth in new installations, but the supply-demand imbalance remains a significant issue [1] - The company has maintained a commitment to interdisciplinary integrated research and development, driving growth through independent innovation [1] - Increased sales volume of photovoltaic cells and equipment has contributed to higher revenue during the reporting period [1] Future Outlook - The company plans to continue increasing investment in product research and development to achieve breakthroughs through technological innovation [1] - Ongoing product iteration and updates are aimed at maintaining a leading position in the industry [1]