Longi Green Energy (601012.SH) Issues Profit Warning, Forecasts 2025 Net Loss Attributable to Shareholders of 6-6.5 Billion Yuan

Stock News01-18

Longi Green Energy Technology Co.,Ltd. (601012.SH) has disclosed its 2025 performance forecast, anticipating a net loss attributable to shareholders of the listed company in the range of 6 billion to 6.5 billion yuan for the full year. The company also expects a net loss after deducting non-recurring gains and losses attributable to shareholders to be between 6.8 billion and 7.4 billion yuan. According to the announcement, the photovoltaic industry in 2025 continues to face a supply-demand mismatch and intense, low-price competition, with capacity utilization rates remaining low. Simultaneously, as domestic power market reforms deepen and overseas trade barriers intensify, the operating environment for photovoltaic companies remains severe and complex. A significant surge in the costs of silver paste and silicon materials in the fourth quarter substantially increased the production costs for wafers, cells, and modules, further pressuring corporate operations. Constrained by persistently low product prices and mounting cost pressures, the company's operating performance for the 2025 fiscal year is expected to remain in the red.

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