On May 29, Junda Shares (02865.HK) fell 5.12% in regular trading, trading at 31.84 HKD/share, with trading volume of approximately 85.47 million HKD, extending its multi-day losing streak.

On the news front, the photovoltaic sector has been hit by a triple headwind: downstream capital expenditure contraction, equipment manufacturers reporting sharply below-expectation earnings, and termination of major overseas orders. The entire PV supply chain continues to operate at a loss, with leading module companies all reporting continued losses in Q1 and significantly cutting capital investment, further suppressing equipment procurement demand.

Additionally, the company previously stated at its earnings briefing that its space photovoltaic technology remains in the experimental verification stage with no revenue or profit generated, carrying significant R&D and commercialization uncertainty risks. Following a cumulative rally of approximately 40% driven by SpaceX IPO catalysts, profit-taking pressure combined with sector-wide headwinds has led to sustained selling pressure.

(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.)