Core Viewpoint - Longi Green Energy Technology Co., Ltd. is expected to report a net loss for the first half of 2025, with a significant reduction in losses compared to the same period last year [2][4][5]. Group 1: Performance Forecast - The company anticipates a net loss attributable to shareholders of between 24.00 billion and 28.00 billion yuan for the first half of 2025, representing a reduction in losses of 24.43 billion to 28.43 billion yuan compared to the previous year [2][4]. - The expected net loss, excluding non-recurring gains and losses, is projected to be between 32.00 billion and 36.00 billion yuan, with a reduction in losses of 16.77 billion to 20.77 billion yuan year-on-year [2][5]. - The performance forecast covers the period from January 1, 2025, to June 30, 2025 [3]. Group 2: Previous Year Performance - In the same period last year, the company reported a net loss attributable to shareholders of 52.43 billion yuan and a net loss of 52.77 billion yuan after excluding non-recurring items [7]. - The earnings per share for the previous year were -0.69 yuan [8]. Group 3: Reasons for Performance Change - The company has increased its investment in customer-centric products and services, leading to growth in component sales. However, the competitive environment in the photovoltaic industry, where major product prices have fallen below cost, has resulted in continued losses despite increased sales [8]. - The company has improved internal operational management, leading to a significant reduction in unit costs, selling expenses, management expenses, and asset impairment losses, resulting in a substantial year-on-year reduction in losses [8]. - The HPBC 2.0 component product has been gradually introduced to the market, gaining rapid market acceptance due to its high conversion efficiency, aesthetic appeal, and safety features, resulting in increased order volume and shipment [8].