Core Viewpoint - Nacel Energy Technology (01597) anticipates a net loss of no more than approximately RMB 25 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 15.07 million for the six months ending June 30, 2024 [1] Group 1 - The primary reasons for the anticipated loss in mid-2025 include: (i) the energy storage business is affected by power market reforms and mandatory energy storage policy adjustments, leading to a short-term decline in market demand and subsequent losses [1] - (ii) Increased market competition has resulted in a decrease in gross profit margins for the company's pitch control system sales [1]

Core Viewpoint - Nacine Energy Technology (01597.HK) expects a net loss of no more than approximately RMB 25 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 15.07 million in the same period last year [1] Group 1: Financial Performance - The anticipated loss for the mid-2025 period is primarily attributed to a decline in market demand for the energy storage business due to power market reforms and mandatory energy storage policy adjustments [1] - Increased market competition has led to a decrease in gross profit margins for the company's pitch control system sales [1]