Securities Code: 002865 Securities Abbreviation: Junda Shares Announcement No.: 2026-024
Hainan Junda New Energy Technology Co., Ltd. Announcement on Unrecognized Losses Reaching One-Third of Paid-in Capital
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or material omissions.
Hainan Junda New Energy Technology Co., Ltd. (hereinafter referred to as the "Company") held the ninth meeting of the fifth Board of Directors on March 30, 2026, and reviewed and approved the "Proposal on Unrecognized Losses Reaching One-Third of Paid-in Capital." This proposal needs to be submitted to the Company's shareholders' meeting for review. The relevant situation is hereby announced as follows:
I. Overview
According to the "Hainan Junda New Energy Technology Co., Ltd. 2025 Annual Audit Report" issued by Zhonghui Certified Public Accountants (Special General Partnership), as of December 31, 2025, the Company's consolidated retained earnings were -702,132,357.47 yuan, and the paid-in capital was 292,584,052 yuan. The amount of unrecognized losses has reached one-third of the total paid-in capital. In accordance with the "Company Law of the People's Republic of China" and the "Articles of Association," this matter needs to be submitted to the Company's shareholders' meeting for review.
II. Main Reasons for Losses
In 2025, the global photovoltaic market maintained a growth trend, with particularly strong demand in overseas markets. However, the industry is still in a period of capacity clearance and declining product prices, putting pressure on the overall profitability of the industrial chain. Despite the Company's efforts to reduce losses through increased R&D investment, deepening overseas business, and implementing cost reduction and efficiency improvement concepts, operations remained under pressure in the short term, resulting in continued phased losses for the Company in 2025.