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Beijing Jingyuntong Technology Co Ltd

Beijing Jingyuntong Technology Co., Ltd. researches, develops, produces, and sells monocrystalline silicon products in China and internationally, together with its subsidiaries. It operates through High-End Equipment Manufacturing, New Energy Power Generation, New Materials, Energy Conservation and Environmental Protection, and Other Equity Investment segments. The company offers photovoltaic-grade monocrystalline silicon rods and wafers, as well as photovoltaic and semiconductor equipment such as monocrystalline silicon growth furnaces, diamond wire squaring and slicing machines, zone melting monocrystalline silicon furnaces, silicon carbide crystal growth equipment, and diamond growth furnaces. It is also involved in solar photovoltaic and wind power generation development, construction and operation, construction, international trade, property management, professional technical services, other equity investments and related consulting, and the provision of rare earth SCR and low temperature denitration catalysts. Founded in 2002, the company is based in Beijing, China.

Price · split & dividend adjusted
News & notes moving 601908.CG
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Jingyuntong's 2026 interim report shows net loss of 389 million yuan, widening year-on-year

Jingyuntong released its 2026 interim report. Total operating revenue was 862 million yuan, down 43.49% year-on-year. Net loss attributable to the parent company was 389 million yuan, a decrease of 177 million yuan compared with the same period last year, with the loss widening year-on-year. Net cash inflow from operating activities was 120 million yuan, down 62.41% year-on-year. The company's asset-liability ratio was 56.36%, gross margin was 1.59%, return on equity was negative 5.42%, and diluted earnings per share was negative 0.16 yuan. The number of shareholders was 124,700, and the top ten shareholders held 48.01% of the total share capital.
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JYT's Leshan Phase I monocrystalline project reaches five-year mark, equity buyback extension under negotiation

JYT announced that the Phase I 12-gigawatt monocrystalline rod pulling and squaring project under the Leshan 24-gigawatt program has officially been in production for five years. The company is in communication with Leshan High-Tech Investment regarding an extension of the buyback of its 30 percent stake. The project is operated by Leshan New Materials, a project company jointly funded by JYT and Leshan High-Tech Investment, with JYT holding 70 percent and High-Tech Investment holding 30 percent. According to the agreement, JYT has the right to buy back the stake within five years of the Phase I project's official production start. If no notice is given after five years, it must acquire the full stake. The extension is still subject to approval by relevant authorities or review procedures, and the specific timing and plan have yet to be determined.
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Jingyuntong Expects First-Half 2026 Loss of 328 Million to 475 Million Yuan

Jingyuntong disclosed its earnings forecast, expecting a net loss attributable to the parent company of 328 million to 475 million yuan for the first half of 2026, compared with a loss of 212 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 337 million to 486 million yuan, compared with a loss of 221 million yuan a year earlier. The company stated that the photovoltaic industry environment and market fluctuations led to negative profits in the silicon wafer segment of its new materials business, while investment losses recognized from operating losses of its equity-accounted investees also negatively impacted net profit. Jingyuntong is mainly engaged in high-end equipment manufacturing, new materials, and new energy power generation businesses.
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