According to the announcement of Changzhou Almaden (002623.SZ), the net income attributable to shareholders of the listed company for the first half of 2024 is expected to be between 13 million yuan and 16 million yuan, a year-on-year decrease of 59% to 66.69%.

During the reporting period, due to the rapid increase in production capacity in all aspects of the photovoltaic industry chain, there was a structural mismatch between supply and demand in the industry, resulting in intensified competition in the photovoltaic market and sustained decline in prices of photovoltaic products. As a result, the profit space of photovoltaic glass, which is one of the downstream component materials, has been further squeezed. Meanwhile, in accordance with the principle of prudence, the provision for inventory impairment in the reporting period has increased significantly, which has had a significant impact on the company's business performance.