It is estimated that the net loss for 2025 will be between 450 million and 600 million yuan.
Jinko Solar announced that it expects the net profit attributable to the owners of the parent company for the year 2025 to be between -450 million to -600 million RMB, with a non-recurring net profit of between -448 million to -598 million RMB, and a net asset at the end of the period between -68 million to -130 million RMB. The net profit for the same period last year was -2.09 billion RMB, with a net asset at the end of the period of 498 million RMB. The main reason for the expected loss is the transformation of the photovoltaic industry, with previous capacity mismatches resulting in supply-demand imbalances. The company also lacks controlling shareholders and actual controllers, affecting its credit and financing. Operating costs have increased, revenue has declined, product prices have fallen, and impairment provisions have been made. In addition, the company faces risks such as production halt and debt repayment. After the release of the 2025 annual report, the company may be subject to delisting risk warnings.
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