Core Viewpoint - The company,拓日新能, is expected to report significant net losses for the first half of 2025, primarily due to intensified competition in the photovoltaic industry and a supply-demand imbalance affecting product prices [1] Financial Performance - The net profit attributable to shareholders is projected to be a loss of between 68 million yuan and 48 million yuan, representing a year-on-year decline of 404.73% to 315.10% [1] - The net profit after deducting non-recurring gains and losses is expected to be a loss of between 75 million yuan and 55 million yuan, reflecting a year-on-year decrease of 345.84% to 280.28% [1] - Basic earnings per share are anticipated to be a loss ranging from 0.0481 yuan to 0.034 yuan [1] Business Segment Performance - The company's photovoltaic glass and module business is experiencing a decline in both revenue and gross margin due to ongoing price decreases in the industry [1] - The photovoltaic power generation business is also facing revenue and gross margin reductions, impacted by constraints in electricity factors [1]