Ancai Hi-Tech expects a net loss attributable to shareholders of 280 million to 330 million yuan in the first half of 2026, widening from a year earlier. The company said the photovoltaic glass industry remains in a trough, with product prices at historic lows, leading to a year-on-year decline in the gross margin of its photovoltaic glass business. Meanwhile, due to the sharp drop in photovoltaic glass prices, the company has made impairment provisions for inventory showing signs of impairment based on the principle of prudence.
Henan Ancai Hi-tech Co LtdPhotovoltaic glass prices at historic lows, causing gross margin decline and impairment provisions.