IRICO Group New Energy expects H1 net loss of RMB 440 million-RMB 495 million

• IRICO Group New Energy forecast a net loss attributable to parent shareholders of RMB 440 million-RMB 495 million for H1 2026.
• Compares with a net loss of about RMB 296 million a year earlier, implying a widening of RMB 144 million-RMB 199 million.
• Photovoltaic glass gross margin seen pressured by persistent price declines tied to supply-demand imbalance, despite cost cuts and higher-value product mix.
• Inventory impairment provisions booked due to falling product prices, adding to the expected loss.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IRICO Group New Energy Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260728-12258566), on July 28, 2026, and is solely responsible for the information contained therein.