Shandong Hi-Speed New Energy Group Limited (SDHS New Energy) expects profit attributable to equity holders for the six months ended 30 June 2026 to fall to between RMB139.00 million and RMB170.00 million, according to a profit warning filed with the Hong Kong Stock Exchange. The projected range compares with RMB287.00 million in the prior-year period, implying a year-on-year decline of roughly 41%–52%.

Management attributes the anticipated earnings contraction to three operational headwinds: 1. Higher electricity curtailment levels. 2. A lower overall average electricity tariff. 3. Weaker wind and solar resources, resulting in reduced power-generation volumes.

The figures are based on unaudited management accounts and may be adjusted when the interim results are finalized. SDHS New Energy plans to publish its full interim results on or before 31 August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.