Tongwei Co., Ltd. announced that in the first half of 2026, it achieved operating income of 34.357 billion yuan, a year-on-year decrease of 15.19%; net loss attributable to owners of the parent company was 5.119 billion yuan. The changes in performance are mainly due to the fact that the conflict between supply and demand in the photovoltaic industry has not been fundamentally resolved, the operating rate of all links in the industrial chain has been further reduced, and product prices are sluggish. Joint Credit Assessment Co., Ltd. issued a notice of concern on the above matters and decided to maintain the long-term credit rating of the company entity as AAA, the credit rating of the “Tong22 Convertible Bonds” debt as AAA, and the rating outlook is stable.

Tongwei Co., Ltd. announced that in the first half of 2026, it achieved operating income of 34.357 billion yuan, a year-on-year decrease of 15.19%; net loss attributable to owners of the parent company was 5.119 billion yuan. The change in performance is mainly due to the fact that the conflict between supply and demand in the photovoltaic industry has not been fundamentally resolved, the operating rate of all links in the industrial chain has been further reduced, and product prices are sluggish. Joint Credit Assessment Co., Ltd. issued a notice of concern on the above matters and decided to maintain the long-term credit rating of the company entity as AAA, the credit rating of the “Tong22 Convertible Bonds” debt as AAA, and the rating outlook is stable.