晶科能源：预计2025年年度净利润为-69亿元到-59亿元

Core Viewpoint - JinkoSolar expects a net profit attributable to shareholders of the parent company to be between -6.9 billion and -5.9 billion yuan for the year 2025, primarily due to intensified price fluctuations in the global photovoltaic industry and trade protection policies in overseas markets [1] Group 1: Financial Performance - The company anticipates a significant loss for the year, driven by low overall prices of photovoltaic modules and a low shipment ratio of high-power products [1] - The company is conducting impairment tests on long-term assets showing signs of impairment, which will impact financial performance [1] Group 2: Industry Context - The photovoltaic industry is experiencing increased price volatility and pressure on profitability across various segments of the integrated photovoltaic module supply chain [1] - Trade protection policies in overseas markets are contributing to the challenges faced by the industry [1] Group 3: Company Strategy - Despite industry fluctuations, the company is committed to stable operations and technological leadership, launching the new generation "Tiger 3" high-efficiency module product [1] - The company is actively promoting capacity upgrades and technological improvements, alongside rapid development in its energy storage business, highlighting the synergy between solar and storage [1]