Hainan Drinda New Energy Technology Co.,Ltd. (002865.SZ) has released its 2026 third-quarter report, disclosing a net loss attributable to shareholders of 428 million yuan for the first three quarters.
For the first three quarters of 2026, the company recorded operating revenue of 5.223 billion yuan, representing a year-on-year decline of 8.08%. The net loss attributable to shareholders of the listed company stood at 428 million yuan, while the net loss after deducting non-recurring gains and losses was 539 million yuan. Basic earnings per share came in at negative 1.4 yuan.
During the first three quarters of 2026, a combination of factors 鈥?including adjustments to domestic electricity pricing policies, a phased pullback in terminal installation demand, and overseas trade barriers 鈥?meant that the supply-demand dynamics across the entire photovoltaic industry chain had yet to see substantive improvement. Product prices across the sector remained range-bound at low levels, placing pressure on the company's operating performance.
Amid the complex industry cycle and market environment, the company remained committed to its positioning as a specialized photovoltaic cell manufacturer, closely aligning with the needs of global module customers, and continued to deepen its focus on the N-type cell business. It persistently advanced cost reduction and efficiency enhancement across production lines. Through multiple measures 鈥?including optimizing production processes, improving cell conversion efficiency, strictly controlling production costs, and deepening refined operations 鈥?the company worked to restore the profitability of its core business.
The company also steadily advanced its globalization strategy, continuously expanded overseas sales channels, and optimized trade routes. Through diversified cooperation models, it deeply integrated into overseas industrial chain systems and promoted localized overseas production capacity deployment to ensure the steady development of its international business.
At the same time, the company continued to explore innovative photovoltaic application scenarios. Leveraging its own technological and industrial foundations, it actively positioned itself in emerging business areas. Through diverse approaches such as industrial investment and external mergers and acquisitions, the company expanded its industrial boundaries, continuously cultivated new performance growth drivers, and provided strong support for the company's medium- to long-term high-quality development.
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