大全能源发预亏，预计2025年归母净亏损10亿元到13亿元

Core Viewpoint - The company Daqo New Energy (688303.SH) expects a net loss attributable to shareholders of the parent company for 2025 to be between 1 billion to 1.3 billion yuan, with a year-on-year reduction in loss margin of 52.17% to 63.21% [1] Group 1: Company Performance - The company is implementing refined management and technological innovation to effectively reduce production costs and improve operational efficiency, which supports the improvement of profitability [1] - The significant reduction in net loss compared to the previous year is also influenced by changes in asset impairment factors [1] Group 2: Industry Context - In 2025, domestic polysilicon prices are expected to show a recovery starting from the third quarter, driven by ongoing industry policy guidance [1] - Despite the anticipated price recovery, the polysilicon industry still faces challenges such as high inventory levels and weak demand [1]