Qianjing Landscape(SH:603778) 2 1 Shi Ji Jing Ji Bao Dao·2026-01-22 09:37Core Viewpoint - Guosheng Technology (603778.SH) experienced a significant price rebound after five consecutive trading halts, closing at 18.01 yuan per share, with a total market capitalization of 11.83 billion yuan. The stock had previously surged by up to 700% since last year, becoming a market "star stock" [2]. Group 1: Company Developments - On January 21, Guosheng Energy, the major shareholder of Guosheng Technology, announced a comprehensive strategic cooperation agreement with Panshi Investment Group, focusing on areas such as private placement issuance, solid-state battery project implementation, and the establishment of industrial funds [2]. - The cooperation aims to create a dual-driven development model for Guosheng Energy's industry and capital, emphasizing complementary advantages and deep collaboration [2]. Group 2: Market Reactions and Financial Performance - Despite the announcement of the strategic cooperation, Guosheng Technology's stock price remained at the daily limit down on the same day, indicating skepticism in the market regarding the perceived benefits of the news [2][3]. - Guosheng Technology's earnings forecast revealed that the company is expected to incur a net loss of between 325 million yuan and 650 million yuan for the fiscal year 2025, primarily due to structural overcapacity in the photovoltaic industry and ongoing supply-demand imbalances [3]. - The company also indicated that it would recognize inventory impairment and long-term asset impairment provisions, which significantly impacted its operating performance for the reporting period [3].