CNE TECH CORP (00611) issued a profit warning, expecting a mid-term net profit of no less than 30 million yuan, a decrease of no more than 65% compared to the same period last year.

CNE TECH CORP (00611) announced that it expects the group to record a net profit of no less than RMB 30 million for the six months ending June 30, 2026, a decrease of no more than 65% compared to the net profit of RMB 85.5 million for the six months ending June 30, 2025. The board of directors believes that the group's financial foundation is solid, and the overall business operations remain fundamentally strong and stable. The decrease in net profit during the review period is a normal phase of adjustment due to industry cycles and the group's strategic upgrade process, which does not affect the overall development trend of the group. The group will continue to focus on the core areas of wind and solar energy storage, steadily advance the reserve, selection, and construction of high-quality renewable energy projects, and continuously expand the size of high-quality core assets to strengthen its sustainable operational capability.