IRICO Group New Energy Company Limited (彩虹集團新能源股份有限公司) announced preliminary figures indicating an expected operating revenue of approximately RMB2,885 million to RMB2,915 million for the year ended 31 December 2025. This range represents a decrease of about 11.02% to 11.94% compared with the roughly RMB3,276 million recorded during the prior year.

According to the announcement, the net loss attributable to the shareholders of the parent company is anticipated to reach around RMB542 million to RMB592 million for 2025, marking a rise of about 44.15% to 57.45% from the prior year’s net loss of roughly RMB376 million. The company attributes the higher net loss mainly to a significant decline in photovoltaic glass selling prices—which reduced the Group’s operating revenue and sharply lowered its gross profit margin—as well as impairment provisions for certain inventories in 2025.

The above figures are derived from unaudited management accounts and related information available so far. Detailed financial results will be released in the forthcoming annual results announcement. The company advises shareholders and potential investors to exercise caution when considering its shares.