Tuori Xineng: Loss of 199 million yuan in 2025, turning from profit to loss year-on-year.

Tianji Energy disclosed its annual report on April 22nd, reporting a revenue of 1.027 billion yuan in 2025, a decrease of 22.28% compared to the previous year; the net loss attributable to shareholders was 199 million yuan, compared to a profit of 10.78 million yuan in the same period last year, resulting in a change from profit to loss. During the reporting period, the company's revenue and gross profit margin in the photovoltaic glass and photovoltaic component business both saw varying degrees of decline compared to the same period last year, due to the temporary imbalance of supply and demand in the photovoltaic industry and the continuous low prices in the main industry chain segments. In addition, the impact of market-based transaction policies and power rationing factors on the photovoltaic power generation business led to a decrease in electricity revenue and gross profit margin compared to the same period last year. Furthermore, the revenue from EPC projects decreased compared to the same period last year, and the revenue from components related to EPC projects also decreased, affecting the company's revenue and main business profits.