Qianjing Landscape(SH:603778) Zheng Quan Shi Bao Wang·2026-01-20 09:10Core Viewpoint - Guosheng Technology (603778) expects a net profit loss attributable to shareholders of the listed company between 325 million yuan and 650 million yuan for 2025 due to structural overcapacity in the photovoltaic industry and ongoing supply-demand conflicts [1] Company Summary - The company's main business revenue is expected to decline, leading to a decrease in profitability as a result of sustained low component prices amid intense industry competition [1] - The company has made provisions for inventory impairment and long-term asset impairment based on a cautious principle, significantly impacting its operating performance for the reporting period [1] Industry Summary - The photovoltaic industry is facing structural overcapacity, with prominent supply-demand conflicts expected to persist in 2025 [1] - Component prices in the industry are anticipated to remain at relatively low levels due to fierce competition [1]