Tuorixinneng: It is expected that the net profit will be a loss of -68 to -48 million yuan in the first half of 2025.

Tuo Xin Energy announced that it is expected to incur a net loss attributable to shareholders of the listed company of -68 million yuan to -48 million yuan from January 1, 2025 to June 30, 2025, a year-on-year decrease of -404.73% to -315.10%. The net profit excluding non-recurring gains and losses attributable to shareholders of the listed company is expected to be -75 million yuan to -55 million yuan, a year-on-year decrease of -345.84% to -280.28%. Basic earnings per share is expected to be -0.0481 yuan per share to -0.034 yuan per share. In the first half of 2025, due to intensified competition in the photovoltaic industry and temporary supply-demand imbalance in various stages of the industry chain, resulting in continued downward trend in prices of products in the industry chain, the company's operating income and gross profit margin of its photovoltaic glass and component business have decreased. At the same time, the company's photovoltaic power generation business has also seen a decrease in operating income and gross profit margin due to limited electricity availability.