Rainbow New Energy (00438) announced interim results. Net loss to mother of 494 million yuan increased 67.12% year over year

According to the Zhitong Finance App, Rainbow New Energy (00438) announced interim results for the six months ended June 30, 2026. The group achieved operating income of 987 million yuan, a year-on-year decrease of 35.03%; net loss attributable to shareholders of the parent company was 494 million yuan, an increase of 67.12% over the previous year; and a basic loss of 28,026 yuan per share.

The company makes every effort to promote cost reduction and efficiency and technological innovation, and carries out special projects such as “three complete and six new” loss reduction and profit, construction of high-standard production lines, “8898” quality improvement, and “10 million” value innovation actions. Through self-built natural gas pipelines, centralized procurement, and self-developed material replacement, the company continues to reduce energy and raw material costs. It anchors the direction of high-end, low-carbon and diversified development, continues to expand its ultra-high light transmittance photovoltaic glass market sales share, and accelerates mass production and sales of ultra-high transparent photovoltaic glass with 95% light transmittance and 2.0mm ultra-thin fully tempered glass. Simultaneously rely on existing resources to lay out diversified business tracks such as LCD light guide glass substrates and high-end special home appliance glass, and build a product matrix for all categories of high-end new materials. At the same time, the results of self-developed new materials such as low antimony composite clarifiers and high reflective screen printing inks have been applied one after another, laying the technical foundation for the company's development through continuous technological innovation.