BANGJIE: Expected net loss to expand to 500 million to 750 million yuan in 2024
BANGJIE announced that it has revised its performance forecast for 2024, expecting a net loss to widen to between 500 million and 750 million yuan, compared to the previous estimate of a loss between 300 million and 450 million yuan. The reasons for the revision include the recovery growth of the photovoltaic industry being below expectations, the deterioration of operations at Yangzhou BANGJIE leading to a temporary shutdown, and adjustments to post-event matters regarding the buyback proposal from Suzhou Huanxiuhu Zhiguang Enterprise Management Partnership
