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Apsolar Technologies hit a record low.
Gelonghui, July 13 — APsystems (SHA: 688348) fell 4.63% to close at RMB 30.520, hitting a record low share price, with a total market capitalization of RMB 4.77 billion.
Yuneec Technology (688348.SH): Plans to use temporarily idle proceeds from fundraising for cash management, with a maximum amount not exceeding RMB 1.05 billion.
Gelonghui, July 8 — APsystems (688348.SH) announced that on July 8, 2026, the company held the 26th meeting of its Second Board of Directors, at which it reviewed and approved the “Proposal on Using a Portion of Temporarily Idle Proceeds from Fundraising for Cash Management.” The board agreed that, provided such use does not adversely affect the implementation of fundraising investment projects and ensures the safety of raised funds, the company may utilize temporarily idle fundraising proceeds of up to RMB 1.05 billion (inclusive) for cash management. The authorization period shall be valid for 12 months from the expiration date of the previous authorization for cash management of fundraising proceeds, i.e., from July 22, 2026, to June
Yuneec Technology (688348): Actively transitioning to energy storage; earnings recovery expected in 2026
Yuneec Technology released its 2025 annual report and Q1 2026 report. In 2025, the company recorded revenue of RMB 1.188 billion, down 33% year-over-year; net loss attributable to shareholders amounted to RMB 134 million. Specifically, in Q4 2025, the company achieved revenue of
On the Ground at SNEC 2026: Integration of Solar and Energy Storage, and AI Strategies Emerge as Hot Topics as STAR Market Companies Showcase Their Strength
① At SNEC 2026, LONGi unveiled an integrated solar-plus-storage solution, Aiko Solar launched modules with 26% efficiency, and Tongwei’s profitability was affected by the cancellation of export tax rebates. ② Huawei introduced grid-forming PCS, Hithium showcased an 8-hour long-duration energy storage system, and Sci-Tech Innovation Board-listed companies such as APsystems and Pylontech rolled out new AI-enhanced solar-plus-storage products.
A-Share Market Movement | Photovoltaic equipment stocks plunge sharply, Tongling Shares drops over 13%, and Junda Shares falls 7.5%
Gelonghui, May 25 — Photovoltaic equipment stocks listed on China’s A-share market plunged sharply today. Among them, Tongling Shares dropped more than 13%, Junya Shares fell 7.5%, Liansheng Technology declined 6.4%, Yuneec Technology slid 5.5%, Shuangliang Energy Conservation decreased by 4.7%, and JinkoSolar, Daqo New Energy, Airo Energy, and Hoymiles Power Electronics all fell over 4%. According to market reports, the sharp decline in photovoltaic equipment stocks today resulted from a confluence of three negative factors: reduced capital expenditures by downstream players, profit warnings or earnings shortfalls from equipment manufacturers themselves, and the cancellation of major overseas orders. Currently, the entire photovoltaic industry chain continues to operate at a loss—five leading module makers reported losses for the first quarter, while companies such as Tongwei and LONGi have posted net losses for ten consecutive quarters.
APsystems Releases 2025 ESG Report: Strengthening Governance and Driving Innovation With AI