Triumph New Energy has been issued a warning letter by the Henan Securities Regulatory Bureau for failing to disclose cumulative litigation and arbitration matters totaling 333 million yuan in a timely manner. Chairman Xie Jun, General Manager Chen Peng, and Board Secretary Chen Hongzhao were simultaneously recorded in the integrity archives. As of May 8, 2026, the company's cumulative litigation and arbitration amount over the preceding 12 months reached 333 million yuan, accounting for 10.73% of its latest audited net assets, but supplementary disclosure was delayed until June 29. The Shanghai Stock Exchange also issued a regulatory warning to the company and responsible individuals on the same day. The company expects a first-half loss of 753 million to 890 million yuan, mainly due to persistently low photovoltaic glass prices and asset impairment provisions.
Luoyang GlassCompany received warning letter for delayed disclosure of litigation, and expects first-half loss due to low glass prices and impairments.
