FilingReader Intelligence
Tongwei takes 2.5bn yuan asset impairment hit
August 22, 2025 at 06:19 PM UTC•By FilingReader AI
Tongwei Co made asset impairment provisions totaling 2.504 billion yuan in H1 2025, primarily for inventory at 2.419 billion yuan, driven by declining polysilicon and solar cell prices.
The provisions will reduce net profit attributable to shareholders by 2.034 billion yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Tongwei publishes news
Free account required • Unsubscribe anytime