隆基绿能：预计2025年净利润亏损60亿元—65亿元

Core Viewpoint - Longi Green Energy (601012) expects a net loss attributable to shareholders of 6 to 6.5 billion yuan for the fiscal year 2025 due to ongoing challenges in the photovoltaic industry [1] Industry Summary - The photovoltaic industry is facing a mismatch between supply and demand, leading to continued low-price competition and low operating rates [1] - The deepening of domestic electricity market reforms and increasing overseas trade barriers are contributing to a complex and severe operating environment for photovoltaic companies [1] Company Summary - Longi Green Energy reported significant cost increases in silver paste and silicon materials in the fourth quarter, which have substantially raised the costs of silicon wafers, batteries, and module products [1] - The company is under pressure from persistently low product prices and rising cost pressures, resulting in expected losses for the fiscal year 2025 [1]