LONGi Green Energy Technology Co., Ltd. announced that it expects a net loss of RMB 3.4 billion to RMB 3.8 billion for the first half of 2026. The change in performance is primarily due to the unimproved supply-demand relationship in the photovoltaic industry, with a significant decline in newly installed photovoltaic capacity in China during the first half of the year. The company's module sales and revenue decreased year-on-year, with insufficient capacity utilization and low gross profit margins, compounded by investment losses from affiliated enterprises and exchange losses.
