钧达股份股价下跌，业绩亏损扩大叠加股东减持

Core Viewpoint - JunDa Co., Ltd. (002865.SZ) has experienced a decline in stock price, closing at 89.49 yuan on February 13, 2026, down 4.49% for the day [1] Group 1: Stock Performance - The stock price fluctuation occurs amidst a complex environment of company fundamentals and market trends, with the company facing operational performance pressures [2] - For the fiscal year 2025, JunDa Co. is expected to report a net loss attributable to shareholders of between 1.2 billion to 1.5 billion yuan, marking an increase in losses compared to 2024, and this will be the company's second consecutive year of losses [2] - The primary reasons for the expanded losses are attributed to the imbalance of supply and demand in the photovoltaic industry, which remains at the bottom of the cycle, and poor price transmission along the main industry chain [2] Group 2: Market Sentiment and Stock Movements - Since December 2025, the stock price has seen significant increases due to market speculation around the "space photovoltaic" concept, but this has been accompanied by a reduction plan from the controlling shareholder in January 2026, who intends to sell 3% of the company's shares [3] - The potential cashing out by major shareholders may negatively impact market sentiment, especially as the company has not yet shown signs of a fundamental turnaround and new business ventures are still in early exploration stages [3] Group 3: Industry Context - On February 13, 2026, the overall photovoltaic equipment sector declined by 3.59%, indicating that industry-wide adjustments may also exert pressure on individual stock performance [4]