Shi Chuang Energy: It is expected that the loss will be significantly reduced by 2025, and revenue may increase with sales growth.

Shichuang Energy announced that it is expected to have a net profit attributable to the owners of the parent company of -3.58 billion yuan to -2.98 billion yuan in 2025, a decrease of 2.91 billion yuan to 3.51 billion yuan compared to the same period last year, a year-on-year decrease of 44.83% to 54.08%; non-recurring net profit is expected to be -3.88 billion yuan to -3.28 billion yuan, a year-on-year decrease of 41.40% to 50.46%. The net profit for the same period last year was -6.49 billion yuan, and the non-recurring net profit was -6.62 billion yuan. The performance change is due to the increase in sales revenue caused by the increase in sales of photovoltaic cells and equipment, as well as the impact of the provision for asset impairment made in the same period last year on profit.