Beijing Jingyuntong Technology Co LtdCompany expects widened net loss for first half 2026 due to photovoltaic industry downturn and investment losses.

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.
Beijing Jingyuntong Technology Co LtdCompany expects widened net loss for first half 2026 due to photovoltaic industry downturn and investment losses.