On May 28, Junda Shares (02865.HK) fell 5.01% in regular trading, trading at 32.94 HKD/share, with trading volume of approximately 97.43 million HKD, extending its recent downtrend.

On the news front, the photovoltaic sector has been hit by a triple negative confluence: downstream capital expenditure contraction, equipment makers reporting earnings misses, and the termination of a major overseas order. The full photovoltaic supply chain remains in sustained losses, with five leading module companies all reporting continued losses in Q1. Major players including Tongwei and LONGi have posted net losses for ten consecutive quarters. Under widespread downstream losses, companies have sharply reduced capital spending, causing equipment procurement demand to contract persistently.

Additionally, Junda Shares previously stated that its space photovoltaic technology remains in the experimental verification stage, with no revenue or profit generated yet. Following a cumulative rally of approximately 40% previously catalyzed by SpaceX IPO expectations, profit-taking pressure combined with sector-wide headwinds has driven continued selling.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)