Jiawei Renewable Energy posts Q3 loss, seeks auditor reappointment

Jiawei Renewable Energy's Q3 2025 report reveals a 24.92% increase in year-to-date operating revenue to 425,181,957.78 yuan, while net profit attributable to shareholders decreased by 45.42% to a loss of 41,110,152.01 yuan. Operating cash flow improved significantly, rising by 142.38% to 47,411,558.91 yuan. Basic and diluted earnings per share were both negative 0.0495 yuan.

The board of directors and supervisory committee have both approved the reappointment of Zhong Shen Ya Tai Certified Public Accountants (Special General Partnership) as the company’s auditor for 2025. This decision requires shareholder approval. The proposed audit fee for 2025 is 1.2 million yuan, comprising 0.95 million yuan for financial audit and 0.25 million yuan for internal control audit.

Zhong Shen Ya Tai Certified Public Accountants has a solid track record, with 93 partners and 482 certified public accountants as of December 31, 2024. The firm reported total business revenue of 70,397.66 million yuan in 2024, with 68,203.21 million yuan from audit services.