Group 1 - The company expects a net profit attributable to shareholders of the parent company for the first half of 2025 to be between -82 million yuan and -70 million yuan, indicating a loss [1] - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -85 million yuan and -75 million yuan [1] - The preliminary financial data is subject to change and will be finalized in the official half-year report [3] Group 2 - In the same period last year, the net profit attributable to shareholders of the parent company was -15.49 million yuan, and the net profit after deducting non-recurring gains and losses was -17.39 million yuan [2] - The company faced a decline in revenue due to oversupply in the photovoltaic industry and intensified competition, leading to a drop in prices for photovoltaic film products and a decrease in sales of photovoltaic backsheet products [2] - Despite challenges in the photovoltaic business, the company's emerging business segments, including lithium battery and new energy vehicle materials, showed improvement in revenue and gross margin [2]

Core Viewpoint - The company Saiwu Technology (603212) is expected to report a significant net loss for the first half of 2025, primarily due to adverse market conditions in the photovoltaic industry [1] Financial Performance - The projected net profit attributable to the parent company for the first half of 2025 is estimated to be between -82 million yuan and -70 million yuan [1] - The expected net profit after deducting non-recurring gains and losses is forecasted to be between -85 million yuan and -75 million yuan [1] Industry Context - The company's poor performance is attributed to overcapacity in the photovoltaic industry and intensified competition leading to product price declines [1] - There has been a decrease in sales volume of photovoltaic backsheet products and a drop in the price of photovoltaic film products compared to the same period last year, resulting in reduced revenue and profit margins [1]