Gelonghui, May 15 | ST Lingda (300125.SZ) announced that as of the disclosure date of this announcement, there have been no major changes in the company's fundamentals. The operating cash flow of the current PERC battery production line is tight. The company has decided to continue to stop production of Jinzhai Jiayue's main production plant. The company will closely monitor the progress of Jinzhai Jiayue's discontinuation of production and subsequent resumption of production in a timely manner in accordance with relevant regulations.

The company's main business is photovoltaic solar cell manufacturing and power plant operation. The main source of the company's main business revenue is Jinzhai Jiayue, which manufactures monocrystalline silicon photovoltaic cells. Its monocrystalline silicon photovoltaic cell business accounted for 95.90% and 61.53% of revenue in the last year and phase, respectively. The discontinuation of Jinzhai Jiayue's production will adversely affect the company's revenue, cash flow, and operating profit. Up to now, the discontinuation of production has reduced operating income by 84 million, and profits have been reduced by 12 million.