Jinbo Holdings: It is expected to have a net loss of 1.4 billion yuan in 2025, with an expanded loss compared to the previous year.

Jinbo Group announced that it is expected that the net profit attributable to owners of the parent company in 2025 will be around -14 billion yuan, compared to -8.15 billion yuan in the same period last year; the non-recurring net profit is expected to be around -14.4 billion yuan, compared to -8.48 billion yuan in the same period last year. The main reasons for the performance change are the decrease in demand for photovoltaic products and the company's expansion into new "lithium battery + transportation" businesses; at the same time, the company will make provision for impairment losses of approximately 10.64 billion yuan. Specific financial data will be subject to the audited 2025 annual report.