GCL NEWENERGY (00451) announces annual performance with operating revenue of 1.06 billion yuan. Financial structure continues to be optimized.

GCL NEWENERGY (00451) released its annual performance for the year ending December 31, 2025. The group achieved revenue of 1.063 billion yuan, a decrease of 4.1% year-on-year; gross profit of 146 million yuan, an increase of 14.62% year-on-year; the company's shareholders suffered a loss of 1.34 billion yuan; with a loss per share of 88.1 cents. In 2025, the photovoltaic industry bid farewell to traditional cyclical fluctuations and entered a new stage of spiral rise; electricity market reform continued to deepen, and new energy transformed from a single power source to an integrated energy hub of source-grid-load-storage; digital and intelligent technologies deeply integrated with the energy industry, injecting new momentum for the industry's development. Facing the opportunities and challenges of industrial restructuring, GCL NEWENERGY firmly grasped the trend of transformation, anchored the core strategy of "energy digitization + computing power drive", accelerated the transformation into a global digital energy service provider, rebuilt the entire energy service chain with digital AI, operated steadily, improved quality and efficiency, solidified the foundation amid challenges, opened up new prospects amid change, and achieved a dual breakthrough in "technology empowerment" and "service value-added". In 2025, the company achieved operating income of 1.06 billion yuan, continuously optimized its financial structure, and laid a solid foundation for long-term development.