Longji Green Energy (601012.SH) issued a forecast loss. It is estimated that the net loss will be 3.4 billion yuan to 3.8 billion yuan in half a year

According to the Zhitong Finance App, Longji Green Energy (601012.SH) issued an announcement. The company expects to achieve a net loss attributable to shareholders of listed companies of 3.4 billion yuan to 3.8 billion yuan in the first half of 2026. The loss for the same period last year was 2,569 billion yuan.

During the reporting period, there was no significant improvement in the supply and demand relationship in the photovoltaic industry, and business operations continued to be under pressure. Affected by multiple factors such as insufficient consumption of new energy sources and a high demand base for the same period last year, the number of new PV installations in China declined sharply in stages in the first half of the year. During the reporting period, the company's component sales and revenue declined year on year, operating rate was insufficient, gross margin was low, compounded by the effects of joint venture investment losses and exchange losses due to RMB appreciation, resulting in loss of operating performance.

During the reporting period, in the face of industry operating difficulties, the company vigorously promoted the full BC conversion of the photovoltaic business and continued to enrich the product matrix. Overseas market sales and the share of BC product sales increased significantly, BC technology efficiency and cost reduction measures continued to be implemented, and ACM (nano-alloy matrix contact) batteries were put into large-scale production. At the same time, the company accelerated the collaborative layout of optical storage, launched “LongiOne” full-scene optical storage integrated products covering large-scale power plants to industrial and commercial parks, quickly built localization capabilities for overseas markets, and built and enhanced system solution capabilities and competitive advantages.