Tiansong Co., Ltd. anticipates a net loss of 220 to 300 million yuan for the first half of 2026. This projected loss is primarily attributed to the photovoltaic upstream equipment business, which is facing challenges from reduced capital expenditure by downstream photovoltaic companies and increased provision for bad debts due to extended payment cycles. Additionally, an oversupply in the industry has led to price declines and significant inventory devaluation provisions, further impacting the company's profitability. AI
RANK_REASON The item is a financial news flash about a company's projected earnings, not a core AI development.
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