GCL-Poly Energy Holdings Limited: Net assets are expected to be in deficit by the end of 2025, and the stock may be subject to delisting risk warning.

Giga Solar announced that, based on preliminary calculations, it is expected that the net assets at the end of 2025 will be between -68 million to -130 million RMB. This will trigger the implementation of delisting risk warning. The company's stock may be subject to delisting risk warning after the disclosure of the 2025 annual report. If the net assets at the end of 2025 are negative, the company's stock will be suspended from trading starting from the date of the annual report disclosure, and the Shanghai Stock Exchange will implement delisting risk warning within 5 trading days of the suspension. The company will announce one day in advance, and the stock will resume trading and implement delisting risk warning starting from the next trading day after the announcement disclosure date. Specific financial data will be based on the audited 2025 annual report.