Shuangliang Energy: It is expected to have a half-year loss of 660 million to 805 million yuan in 2026, compared with a loss of 597 million yuan in the same period last year.

Shuangliang Energy Saving Announcement: It is expected that the net profit attributable to shareholders of the listed company in the first half of 2026 will be between -8.05 billion yuan and -6.6 billion yuan, compared to -5.97 billion yuan in the same period last year; the expected non-recurring net profit will be between -8.95 billion yuan and -7.5 billion yuan, compared to -6.03 billion yuan in the same period last year. The main reasons for the performance loss are: deep clearance in the photovoltaic industry, mismatch in the supply and demand of the industry chain, continuous low product prices, combined with a high proportion of the company's photovoltaic products in main business income, significantly squeezing profit margins; at the same time, based on the principle of prudence, provision for inventory depreciation related to photovoltaics has been made, further expanding the loss scale. The fundamentals of the energy-saving and water-saving equipment business remained stable during the reporting period, providing stable support.