Jolywood(SZ:300393) 智通财经网·2026-01-26 09:02Core Viewpoint - Zhonglai Co., Ltd. (300393.SZ) expects a net loss attributable to shareholders of the listed company between 1 billion to 1.5 billion yuan for the year 2025, with a net loss of 1.07 billion to 1.57 billion yuan after deducting non-recurring gains and losses [1] Industry Summary - The photovoltaic industry is still in a phase of adjustment in 2025, with ongoing supply-demand mismatches and low-price competition persisting [1] - Despite initiatives to counteract internal competition within the industry, the fundamental imbalance in supply and demand has not yet improved [1] - The prices of major photovoltaic products remain at relatively low levels during the reporting period, compounded by significant increases in the prices of upstream raw materials such as silicon materials and silver paste, leading to a decline in overall gross profit levels for companies [1] Company Summary - The company anticipates that some of its existing orders will incur losses, resulting in expected liabilities [1] - The company has made provisions for impairment based on the requirements of the "Enterprise Accounting Standards" and financial management, taking into account market and industry conditions and adhering to the principle of prudence [1] - These factors are expected to have a significant impact on the company's net profit [1]