DRINDA's stock price plummeted 5.18% during intraday trading on Friday, extending its recent downward trend as the photovoltaic sector faces significant challenges and investors take profits following previous gains.

The decline comes as the photovoltaic industry contends with triple headwinds: contraction in downstream capital expenditure, equipment manufacturers reporting earnings sharply below expectations, and the termination of major overseas orders. The entire PV supply chain continues to operate at a loss, with leading module companies reporting continued losses in the first quarter and significantly reducing capital investments, further suppressing equipment procurement demand.

Additionally, DRINDA previously indicated at its earnings briefing that its space photovoltaic technology remains in the experimental verification stage with no revenue or profit generated yet, carrying significant research and development as well as commercialization uncertainty risks. Following a cumulative rally of approximately 40% driven by SpaceX IPO catalysts, profit-taking pressure combined with these sector-wide challenges has led to sustained selling pressure on the stock.